Union president slams ‘anti-labour campaign’
A trade union leader believes there is a campaign within the public and private sectors to ‘destabilise’ the Bahamian labour movement, and he added: “I don’t like what I’m seeing and hearing.”
Carnival adopts more ‘focused’ marketing
Bahamas Junkanoo Carnival organisers yesterday said a more “focused” approach has been taken to marketing this year’s event, with organisers working closely with the Ministry of Tourism to expand its global reach and partnerships with travel companies such as Expedia.
‘Escape treadmill of dependency on hotels’
A well-known businessman yesterday branded the Bahamas’ economic philosophy of the past two decades as “deficient”, and urged the country to “get off the treadmill” of dependence on large resort projects.
Opposition queries BEC manager’s sale
The Government’s reform plans for the Bahamas Electricity Corporation (BEC) faced fresh questions yesterday, after it was revealed that its new management partner is to be acquired by Grand Bahama Power’s former owner in a $431 million deal.
IDB: 2016 ‘rich with opportunity’ for the Bahamas
The Inter-American Development Bank (IDB) believes that 2016 is “rich” with economic opportunity in the Bahamas, after the Government undertook numerous reforms that laid the groundwork for renewed growth.
All ‘in denial’ on Baha Mar opening miss
Baha Mar’s principals so wanted to believe that their $3.5 billion project would open on target that they “were in denial” about what was before their very eyes, a businessman said yesterday.
CLICO liquidator gets leave to move over ‘fraud’ action
CLICO (Bahamas) liquidator this week obtained Supreme Court permission to serve legal claims, alleging “fraudulent breaches of fiduciary duty”, against two of the insolvent insurer’s former principals in Trinidad and Barbados.
IAN FERGUSON: Paying workers their true worth
We have long toyed with the idea of merit-based pay as a means to increase productivity and efficiency in the workplace. Despite many years of throwing these thoughts around, and the cries from many businesses to adopt it, few have implemented incentive-based pay for employees.
Miller: BEC manager’s sale ‘very interesting’
The Bahamas Electricity Corporation’s (BEC) former executive chairman yesterday described the impending acquisition of its newly-appointed manager as “very interesting”, arguing that the deal with the Government could have boosted its sales value.
Union demands that BEC manager’s new owner ‘speak clearly’
The Bahamas Electrical Managers Union’s (BEMU) president yesterday said it would “wait and see” what unfolds following the announcement that BEC’s newly-appointed manager is being acquired in a $431 million deal.
40% licence decline shows auto fall depth
A leading auto dealer yesterday revealed that his Business Licence fee payments have declined by around 40 per cent year-over-year, and said: “Making money is a thing of the past.”
Bahamas leads region for lift per hotel room
The Bahamas has the greatest airlift per available hotel rooms in the Caribbean, an International Monetary Fund (IMF) working paper has found, although flights to this nation from the US have fallen “by almost 50 per cent” since 2000.
Investor confidence ‘undermined’ by PM’s Baha Mar assurances
The Prime Minister is undermining investor confidence in the Bahamas by repeatedly promising that a Baha Mar resolution, and completion, is imminent, an Opposition politician has charged.
Private sector wants renewables re-start ‘as quick as possible’
The private sector is seeking an urgent meeting with Bahamas Power & Light (BPL) and its new operator in a bid to re-start the Renewable Energy Self Generation (RESG) programme “as quickly as possible”.
Baha Mar’s re-hire of 2,000 workers ‘remoter by the day’
The prospects of Baha Mar re-hiring its 2,000 laid-off employees are “growing more remote every day”, the Opposition’s deputy leader said yesterday, given predictions that winter 2017 is the earliest the property can open.
