Chamber chairman urges disaster contingency fund
The Government has been urged to establish a disaster contingency fund, the Chamber of Commerce’s chairman arguing that it cannot be given “carte blanche to spend” every time there is major hurricane damage.
Gov’t drug plan losses ‘the norm’
The Democratic National Alliance (DNA) leader yesterday revealed he was resisting advice to cease his family pharmacy’s participation in the Government’s prescription drug plan because consistent monthly losses were “the norm”.
Unions impatient over BEC reforms
Trade union leaders representing the Bahamas Electricity Corporation’s (BEC) line staff yesterday expressed impatience over the reform process, and have made their own presentation on the way forward.
Private pharmacies seek Gov’t competition block
Private pharmacy owners are demanding that Government-owned clinics cease issuing prescription medicines under the proposed National Health Insurance (NHI) scheme, and that they receive work permit fee ‘waivers’.
Web shops ‘hopeful’ of bank acceptance
A newly-licensed web shop operator is “hopeful” that the industry’s legalised status will persuade the Bahamian commercial banking industry to accept its deposits.
Bahamian broker in $7m sanctions break
A US judge has recommended slashing the financial sanctions to be imposed against a former Bahamian broker/dealer and its principal by more than $7 million.
Medical wholesalers in NHI patient safety fear
Bahamian pharmaceutical wholesalers have warned that the National Health Insurance (NHI) scheme’s “loose approach” to procuring medicines could “severely compromise” patient safety, with “grave ramifications” for the Government.
Workforce hit by 60% BTVI ‘drop out’ rate
The Bahamas Technical and Vocational Institute (BTVI) is suffering from a 60 per cent student ‘drop out’ rate, with just one in four graduating within the normal timeframe.
Private pharmacies seek Gov’t competition block
Private pharmacy owners are demanding that Government-owned clinics cease issuing prescription medicines under the proposed National Health Insurance (NHI) scheme, and that they receive work permit fee ‘waivers’.
Winning $62.5m bid leaves Cable poised to dominate market
Cable Bahamas was last night poised to become the Bahamas’ most dominant communications provider, after its $62.5 million spectrum bid helped to see off its last remaining rival for the country’s second mobile licence.
Bahamian broker in $7m sanctions break
A US judge has recommended slashing the financial sanctions to be imposed against a former Bahamian broker/dealer and its principal by more than $7 million.
Doctors fear ‘poor, unethical medical care’ through NHI
Bahamian doctors have warned that the Government’s current National Health Insurance (NHI) proposal is “flawed and unsustainable”, and could result in “poor and unethical medical care” if implemented as is.
Web shops ‘hopeful’ of bank acceptance
A newly-licensed web shop operator is “hopeful” that the industry’s legalised status will persuade the Bahamian commercial banking industry to accept its deposits.
Wilson, Scotia eyeing Mexico bad loan JV
Businessman Franklyn Wilson last night declined “to confirm or deny” whether he is in talks with a Mexican company over a joint venture partnership that would acquire, then restructure, delinquent Bahamian mortgage loans.
Health ministers urged non-NHI reforms in ‘78
Two Cabinet ministers set to play a key role in National Health Insurance’s (NHI) implementation helped to author a paper 37 years ago that advocated a much different approach to reform, and concluded: “Government cannot finance everything.”
