Sarkis pledges to protect jobs as he seeks wind-up of CCA Bahamas
Sarkis Izmirlian today pledged to safeguard hundreds of Bahamian jobs as he urged the Supreme Court to permit the winding-up of a company that owns two Nassau hotels.
Gov’t will ‘feel the might of workers’
The Trades Union Congress (TUC) president last night warned the Government it will “feel the might of the workers” as members of 14 unions prepare to initiate a 48-hour nationwide strike beginning today.
‘Most competitive food industry in the world’
Super Value’s owner says The Bahamas has “the most competitive food distribution industry in the world” as he pushed back against the Prime Minister’s assertion that lack of choice is fuelling the high cost of living.
Public company ‘exemption’ boost to Jack’s Bay developer
An Eleuthera resort community developer is now able to “entertain more and more deep pocketed investors” after obtaining a public company ‘exemption’ from the Securities Commission of The Bahamas.
Beware ‘populist trap’ over $30m food-based VAT cut
The Government is being warned to avoid “the populist trap” caused by extending tax breaks to wealthy and higher income Bahamians/residents who do not need such concessions.
DEREK SMITH: The workplace risks that threaten 2025
In 2025, corporate leaders will continue to face multiple workplace risks that can both impact operational performance and employee well-being.
Food stores, wholesalers seek 50% VAT cut clarity
Food retailers say the near three-month transition affords sufficient time to adjust computer systems and shelf prices while calling for urgent clarification on which items fall under the reduced 5 percent VAT rate.
Applebee’s opens ahead of its January 22 launch party
The first-ever Applebee’s restaurant in The Bahamas is now open as the franchise prepares to hold its official launch party on Wednesday, January 22, beginning at 1pm
Mayaguana treasure hunting ‘deflection’
A Bahamas-based underwater explorer is accusing its legal opponent of seeking to “harass” it through allegations it conducted treasure hunting off Mayaguana without obtaining the required government permits.
Bahamian firm targets Out Island partnerships
A Bahamian business yesterday said it is pushing for a stronger year following a “slow” 2024 by partnering with stores on the Family Islands to sell its products.
‘Transition year’ confusion on Road Traffic Act reform
Insurers yesterday revealed there is mass public and industry confusion over whether Road Traffic Act reforms have taken effect amid suggestions 2025 could now be treated as a “transition year”.
Bahamas broker chief demands $20m SEC sanctions cut to $12k
A Bahamian broker/dealer’s principal yesterday argued a minuscule fraction of the $20m-plus financial sanctions demanded by US regulators should be imposed against him for violating securities laws.
Police warn on rising social media scams
A senior Bahamian police officer yesterday renewed warnings about an increase in social media scams and a “concerning number” of other online incidents currently under investigation.
Police warn on rising social media scams
A senior Bahamian police officer yesterday renewed warnings about an increase in social media scams and a “concerning number” of other online incidents currently under investigation.
Bahamian innovation untapped by ‘hard strapped’ entrepreneurs
A Bahamian software firm’s founder yesterday said this nation must urgently “figure out” ways to “free-up capital” and bring more viable commercial and entrepreneurial ideas to life.
