Transparency boost: End to BEC ‘public service mentality’
The Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chairman yesterday expressed hope that the elimination of “the public service mentality” will ensure the ‘new BEC’ hits its legal financial reporting targets.
Gov’t ‘letting its people down’ over CLICO resolution
The Government has been accused of “letting down its people” by failing to follow through on repeated pledges to resolve the CLICO (Bahamas) collapse, which now threatens to leave hundreds of Bahamians without medical insurance cover.
Bahamian slams a ‘frustrating silence’
A Cabinet Minister yesterday denied that foreign investors were given preferential treatment over Bahamians, as a local developer hit out at the “frustrating silence” over permit applications for a project that could create 60 tourism-related jobs.
Converting potential into great production
Every workplace has superstars: Employees who far exceed the potential and performance of other staff members. Some researchers indicate that 7-9 per cent of your employees have the natural inclination and aptitude to deliver great value that far exceeds that of the average employee.
PHA adviser confident $25m issue fully taken
The Public Hospitals Authority’s (PHA) financial adviser yesterday expressed confidence that there would be “no problem” in getting its $25 million bond issue, which is set to launch on Monday, fully subscribed.
Resorts eye strong Thanksgiving boost
Major Nassau/Paradise island resorts are reporting strong occupancies for the Thanksgiving holiday weekend, with one property noting that business appeared to be “on the up” for the winter season.
Joaquin ‘threatening to undermine’ airlift gain
A well-known airline executive yesterday suggested a $625,000 Inter-American Development Bank (IDB) project would “be better spent” on other sector priorities, as he contradicted assertions that Hurricane Joaquin-related damage “seriously threatens to undermine” recent aviation gains.
PM ‘clutching at straws’ over Baha Mar fate
A former Baha Mar director yesterday suggested the Government was “a little shocked” that its help in defeating developer Sarkis Izmirlian had yet to be rewarded by the China Export-Import Bank.
BEC’s $600m refinance ‘not fair’ to consumers
The FNM’s deputy leader yesterday slammed the structure of BEC’s $600 million refinancing arrangements as “not fair” to the Bahamian people, due to the imposition of extra charges and a seeming lack of regulatory oversight.
‘Scorched taxpayer’ fears over Baha Mar
The former Nassau Palm Resort is now “open for business” following a $25 million investment in renovations, which has led to the creation of 100 jobs.
Resort ‘open for business’ after $25m investment
The former Nassau Palm Resort is now “open for business” following a $25 million investment in renovations, which has led to the creation of 100 jobs.
Atlantis eyes ‘strong’ Thanksgiving increase
Atlantis’s top executive said yesterday that the resort’s Thanksgiving occupancies were up by a “strong mid to high single digit” percentage increase compared to 2014, aided by its fifth US college basketball tournament.
Baha Mar interest like ‘beauty parade’
A Bahamian QC yesterday likened buyer interest in the $3.5 billion Baha Mar property to “a beauty parade”, while its former developer was left distinctly unimpressed by the latest winding-up petition adjournment.
ART OF GRAPHIX: Avoid ‘kitchen sink’ creativity
Can a designer feel free to expand their focus, while narrowing or downplaying creativity? In other words, the approach of throwing everything into the air and seeing what sticks might be a great idea - but only if you are talking about scrambled eggs, tossed salad or pizzas. Whenever you think of letting your ideas fly, they should - and must - return with a wide panorama that either relates or offers control without distraction.
Baha Mar winding up petition stayed until February
SUPREME Court Justice Ian Winder has acceded to the Crown's request to adjourn the government's winding-up petition of Baha Mar until February 1, 2016.
