Legal win for Sandals on ex-butler sex claims
SANDALS Royal Bahamian and its parent have won two legal victories in just over a month against a US couple who generated massive global publicity in making claims of indecent assault against an ex-butler.
Bahamian aviation chief in $2m FTX settlement
A Bahamian aviation entrepreneur and his firm have secured a $2m settlement with the US Justice Department and FTX's US chief to resolve the fate of the crypto exchange's two aircraft.
50% 'grease the wheels' bribe findings accurate
The Bahamian Contractors Association's (BCA) president says findings that almost half of firms seeking construction permits are asked, or expect, to pay a bribe are "accurate" amid a "grease the wheels" culture.
IDB: Bahamas Internet costs, speed miss mark
Broadband Internet costs and speeds represent potential barriers to The Bahamas embracing the digital economy and improved competitiveness, a multilateral lender has warned.
Albany chief in 'devastating and self-inflicted humiliation'
Albany's principal investor has admitted that pleading guilty to securities fraud is "a devastating and self-inflicted humiliation I will have to live with for the rest of my days".
AG blasts ‘utter foolishness’ of France’s Bahamas blacklisting
The Attorney General has slammed France’s decision to keep The Bahamas on its national tax blacklist as “complete and utter foolishness”.
Bahamasair industrial deal raises pilot retirement age
Bahamasair and its pilots have agreed to raise the latter’s retirement age to 65 to alleviate any fears of labour shortages as part of Friday’s $500,000 industrial agreement.
DPM’s alarm: ‘Shockingly low’ GB Carnival port participation
The deputy prime minster has warned Grand Bahama businesses not to be “passive observers” of the island’s economic revival after their initial participation in Carnival’s $600m port project was “shockingly low”.
Freeport poised to be ‘fastest growing Caribbean economy’
FREEPORT needs Nassau-based investors to help build “critical mass” in a city “poised to be the fastest-growing economy in the Caribbean”, a Port Authority executive asserted yesterday.
Top KC sounds ‘dark side of Bahamianisation’ alarm
A PROMINENT KC yesterday sounded the alarm over the “dark side of Bahamianisation” for breeding mediocrity based on “a sense of entitlement”.
‘Specialist skills dearth’ hurts financial services
A “DEARTH of specialist skills” in the legal and other professions is undermining the Bahamian financial services industry’s competitiveness, a prominent KC warned yesterday.
BPL rates ‘among the highest’ consumers pay in the region
Bahamians are paying “among the highest” electricity prices in the Caribbean even though the base rate is set “below cost” with tariff charges said to be double the global average.
50% fear or pay bribes for building and import permits
Fifty percent of Bahamian companies seeking construction and import-related permits say they have either been asked, or expect, to pay a bribe to obtain the required approvals, it has been revealed.
Strategies for resolving customer service failure
Dealing with customer service failure is an inevitable part of running a business. It is how you handle these situations that can make all the difference in maintaining customer satisfaction.
Auto dealer eyes 15% cut back on ‘taper off’
A BAHAMIAN auto dealer yesterday said he plans to “cut back” on summer orders by 15 percent amid fears consumer demand will “taper off” despite a strong start to 2024.
