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.
Renewable energy fury at suspension: Gov’t ‘not turning our back’ on sector
The Government yesterday pledged it was “not turning our back” on renewable energy, with senior officials describing the suspension of its much touted self-generation initiative as “in the best interests of all”.
Renewable energy fury at suspension - Providers: Gov’t ‘put cart before the horse again’
Renewable energy firms yesterday slammed the Government’s decision to suspend the self-generation programme, arguing that it had left the industry “in limbo” and again “put the cart before the horse”.
Cable: 3-5 years to ‘turn corner’ on Florida move
Cable Bahamas is targeting the “three-five year mark” for returns on its $100 million Florida investment, which has increased its contribution to total revenues by seven percentage points year-over-year.
Court overturns ‘baffling’ Mailboat Company verdict
A majority Court of Appeal verdict, in overturning a “somewhat disconcerting and baffling” earlier ruling, found that The Mailboat Company breached its ‘duty of care’ for passenger safety on an April 2009 voyage.
BEC manager must be ‘paid for performance’
The Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chairman yesterday said it was essential that the manager for the ‘new BEC’ be compensated via a ‘pay for performance’ management fee structure.
Unions: ‘No need to panic’ on BEC jobs
Union leaders yesterday said there was “no need to panic” over potential redundancies at the Bahamas Electricity Corporation (BEC) and its successor, adding that they were making no predictions on how many jobs might be shed.
Union: Work week targets its members
The union representing more than 100 line staff at Morton Salt yesterday accused the company of ‘punishing’ bargaining unit employees in an effort to force the signing of a new industrial agreement.
Bahamas Waste: ‘Severe’ Baha Mar impact fears
Despite beating internal profit forecasts for the first nine months by 79 per cent, Bahamas Waste yesterday warned that its 2015 year-end results could be “severely impacted” if there is no Baha Mar resolution by then.
Gov’t told: Fire NHI consultants
The Government was yesterday urged to fire Sanigest Internacional as its main National Health Insurance (NHI) adviser, due to the “contempt” one of its key advisers had shown towards the Bahamian healthcare industry.
Over $1bn needed for BEC reforms
More than $1 billion will likely be required to meet the financing needs of the Bahamas Electricity Corporation (BEC) and its ‘successor’, the Deputy Prime Minister confirmed yesterday.
