HO Nash junior boys win title
The HO Nash Lions added the Government Secondary Schools Sports Association junior boys basketball title to the junior girls’ crown they captured at the Kendal Isaacs Gymnasium on Monday night.
Top economist: Bahamas 20% current deficit a ‘concern’
A SENIOR Caribbean economist yesterday described the Bahamas’ current account deficit of roughly 20 per cent as “concerning”, revealing it was one of the widest she was aware of.
PM: Banks ‘complicit’ on unchecked consumer debt
PRIME Minister Perry Christie yesterday blasted commercial banks and other private lenders for being “complicit” in creating an “out of control consumerist culture” that has left many Bahamians burdened by unsustainable personal debt.
Redundancy pay ‘just not fair’
A trade union leader yesterday said statute law dealing with redundancy pay needed urgent reform because it was “just not fair” to long-serving workers who had remained with the same company for decades.
RBC Kids golf clinic a blast at Ocean Club Golf Course
BAHAMAS native Raquel Riley and LPGA players Kathleen Ekey and Paula Reto greeted more than 50 enthusiastic boys and girls for the annual RBC Kids Clinic on the driving range at the Ocean Club Golf Course yesterday.
Security solutions which make sense
In today’s business climate, many owners feel pressured to provide some sort of security for their company. I personally believe in the solutions approach to security. Basically, does it solve your security concerns?
Bahamas urged: Maintain investment grade rating
The Bahamas is at a “critical point” in its fiscal reforms and must ensure it maintains its investment grade rating “as best as possible”, a senior Caribbean economist said yesterday.
‘Not one’ employer wants productivity in industrial deals
A trade union leader yesterday expressed frustration that “not one” Bahamian employer has sought to include worker productivity clauses in industrial agreements he has negotiated, arguing that this would benefit the entire country.
VAT to exacerbate 22% private aviation fall
The Bahamas has no hope of reversing the 22 per cent decline in post-recession private aviation visitors when its policies keep increasing the sector’s tax burden, a leading private aviation guide said yesterday.
FOCOL to drive 36% profit rise for Sunshine
Sunshine Holdings is projecting its net income will increase by 36 per cent over the next three years to more than $9 million, with BISX-listed FOCOL Holdings driving much of the improvement.
Union boss: Cable staff set to take strike vote
A trade union leader yesterday said Cable Bahamas employees had agreed to take a strike vote, following Friday’s ‘sick out’ and increasing frustration over the company’s failure to conclude an industrial agreement.
Investors want developer banished from the Bahamas
Investors in a controversy-torn Exuma real estate project have been lobbying the Government to revoke its original developer’s permanent residency status, arguing that his continued presence casts “a pall” over their forward progress.
Consultant selected to develop plane registry
THE Government has selected an aviation consulting firm that will develop the framework for a Bahamian aircraft registry, a Cabinet minister said yesterday.
Master plans underway for four key airports
A Canadian consulting firm is developing master plans for the redevelopment of the Family Islands’ four leading airports, a Cabinet minister said yesterday.
NAD passport reform to boost visitor spend
NASSAU Airport Development Company (NAD) executives said yesterday that the launch of 20 automated passport control (APC) kiosks at Lynden Pindling International Airport (LPIA) will improve the overall departure experience and generate more passenger spend.
