Freeport losing its ‘second city status’
The Government and Grand Bahama Port Authority (GBPA) were yesterday urged to work together to revive Freeport’s economy, an Opposition MP warning it had “just about lost its second city status”.
Club Med adds new Miami flight
Club Med yesterday confirmed guests that its San Salvador resort reopened on January 31, with major repairs to the ‘extensive damage’ caused by Hurricane Joaquin completed in less than three months.
BISX targets 100 new debt listings
The Bahamas International Securities Exchange (BISX) is seeking to attract more than 100 new listings, its chief executive telling Tribune Business: “We’ve turned the corner.”
Chamber proposes Joaquin ‘stimulus’
The Government has been urged to expand Hurricane Joaquin-related tax breaks to storm-devastated businesses, with the private sector also calling for an amended relief model that would act as an “economic stimulus” throughout the Bahamas.
‘An affront to the profession’
Medical technologists yesterday slammed the use of a National Health Insurance (NHI) forum for product promotion as “an affront to the profession”.
Lab test plan an ‘inducement’ for NHI buy-in
The Government’s push for doctors to conduct in-house laboratory testing was yesterday described as an “inducement” to entice the profession to sign-up to National Health Insurance’s (NHI) preferred care model.
Industrial Tribunal ‘cannot go behind’ dispute referrals
The Industrial Tribunal “cannot go behind” a Minister of Labour’s decision to refer a trade dispute to it, even if the process is non-compliant with the law, the Court of Appeal has ruled.
Joaquin-hit islands are ‘still struggling’
Residents in the southern Bahamas are still “struggling” to recover almost five months after Hurricane Joaquin’s Category Fiur winds and rain devastated several Family Islands.
Enough business for Bahamas and Cuba
The Minister of Tourism yesterday said there was enough tourism business to go around, as Cuba inked an agreement authorising daily US commercial flights to the island for the first time in more than 50 years.
Cable targeting 42% mobile market share
Cable Bahamas believes mobile penetration could increase by up to 33 percentage points when it finally breaks the Bahamas Telecommunications Company’s (BTC) long-standing monopoly, as it slammed the “inherent dissatisfaction” with the latter’s services.
NHI ‘doomed to fail’ if enrolment is not mandatory
The Government’s proposed National Health Insurance (NHI) scheme is “doomed to fail” if it abandons plans to make participation mandatory for all Bahamians and legal residents, a well-known physician said yesterday.
Technologists fear quality ‘compromised’ under NHI
Medical technologists have expressed “serious concerns” that healthcare quality could be “compromised” by the Government’s plan for doctors to conduct laboratory tests themselves under National Health Insurance (NHI).
Chamber: BISX tie-up ‘fantastic new method’ for financing SMEs
The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) yesterday confirmed it was in talks with BISX over a “fantastic new paradigm in how businesses are funded”.
Arbitration inserted into BEC agreement
Dispute resolution clauses providing for arbitration were included in recent Heads of Agreement struck with international investors, as the Government seeks to make this the “standard” for all its commercial dealings.
BISX finds partner to ‘revive’ Junior Market
The Bahamas International Securities Exchange (BISX) is aiming to unveil a partnership by end-March that will “revive” its long-planned junior market facility.
