Bran: Downgrade to junk now ‘more likely’
The Democratic National Alliance’s (DNA) leader yesterday warned it is now “more likely” that the Bahamas will be downgraded to ‘junk’ credit status, due to investor predictions that Baha Mar will not fully open until winter 2017 at the earliest.
Gov’t may end ‘hazard pay’ under NHI
The Government may seek to discontinue hazard pay or ‘risk allowance’ for public sector employees once National Health Insurance (NHI) is introduced, the Bahamas Public Service Union’s (BPSU) president said yesterday.
Sands slams ‘end to cook-outs’ fallacy
The Bahamian public health care sector lacks the capacity “to get as much done as we need to get done”, a leading surgeon said yesterday.
Chamber agrees to new NHI meeting
Primary healthcare services must become better organised, the outgoing Medical Association of the Bahamas (MAB) president said yesterday, adding that Princess Margaret Hospital’s (PMH) emergency room was often filled with patients who did not need to be there.
Let the light shine on property values
Property owners can spend thousands of dollars on renovations and refurbishments to increase the value of their property. However, there is a much easier and less expensive way to boost the value of a home, office or industrial space: Just add a little daylight.
Doctors chief urges better organisation
Primary healthcare services must become better organised, the outgoing Medical Association of the Bahamas (MAB) president said yesterday, adding that Princess Margaret Hospital’s (PMH) emergency room was often filled with patients who did not need to be there.
Baha Mar bidder’s ‘hands are tied’
Sir Sol Kerzner and his partner have replied that “our hands are tied” over a Baha Mar bid because they have not been provided with enough information to make an informed offer.
Earliest full Baha Mar open is winter 2017
Thanksgiving 2017 is likely the earliest date that Baha Mar can be fully open and operational, one of its potential purchasers has predicted.
‘Unforgivable’ for CCA to hide Baha Mar opening miss
An ex-Baha Mar director yesterday slammed as “unforgivable” the failure by its contractor to warn that the planned March 27, 2015, opening would be missed, arguing that an early confession could have avoided the project’s meltdown.
Court approves legal action on Clifton pollution
Environmental activists have obtained Supreme Court permission to launch their long-threatened legal action over the persistent oil pollution plaguing Clifton Pier, which they believe is “damaging the economic prosperity” of the Bahamas.
The Pointe is: ‘Can we rely’ on developer?
Questions were raised yesterday over whether China Construction America (CCA) can be trusted over its $250 million investment at The Pointe, given the revelations that had it had seemingly been less than forthcoming with its Baha Mar partners.
Chamber chief warns over NHI ‘black hole’
NATIONAL Health Insurance (NHI) could become a “tremendous black hole” that sucks the remaining life out of the Bahamian economy if it is not properly designed and managed, a well-known private sector executive has warned.
Tourims boost from new low-cost route
SOUTHWEST Airlines, the world’s largest low-cost carrier, has announced plans to begin daily non-stop service between Fort Lauderdale and Nassau in early August.
CCA knew Baha Mar start doomed 2 months before
Baha Mar’s contractor knew the $3.5 billion project was likely to miss the March 27, 2015, opening just weeks after assuring Prime Minister Perry Christie and the developer, Sarkis Izmirlian, all was well.
Sarkis: Receivers ‘not pursuing’ Baha Mar’s $192m claim
Sarkis Izmirlian is accusing Baha Mar’s receivers of “failing to properly pursue” the company’s $192 million damages claim against its contractor’s Chinese parent.
