Digital payments double to $4.5m for November
BAHAMIAN digital payments transactions doubled in value to $4.5m for November 2023, the Central Bank disclosed yesterday, with mobile wallet holders increasing by 20 percent over the year’s first 11 months.
Real estate companies honour top producers
TWO affiliated Bahamian real estate firms have honoured their top producers for 2023.
Arawak cay upgrade to battle waste oil ‘clogging’
The expansion of Arawak Cay’s sewerage system will involve installing an Industrial Bulk Container and wider pipes to enable it to cope with the volume of waste cooking oil generated by food vendors.
Boat registration fee rise ‘squeezes the small man’
LONG Island fishermen and tour operators are accusing the Government of seeking “to squeeze the small man out” over four- digit boating fee increases that have been suspended - at least for private vessels.
Insurer: 'No significant' storm cover increases
A major Bahamian insurer yesterday pledged that its regular homeowner clients will not suffer "any significant increases" in catastrophe premium rates for policy renewals from April 1 onwards.
Gov't concern as hotel union on 'work-to-rule'
The hotel union's president last night said he told the Government "to talk" to industry employers as workers went into "full work-to-rule mode" over the impasse in industrial agreement talks.
Tourism to grow 14% despite crime fears
The deputy prime minister yesterday voiced optimism that The Bahamas will overcome media coverage of its crime woes by revealing first quarter bookings are expected to outpace 2023 by 14 percent.
'Resounding no' to Business Licence filing extension call
The Government was yesterday said to have rejected calls to extend the Business Licence filing deadline despite multiple companies complaining they were unable to access its online tax payment portal.
Taxable transactions plunged by $1.26bn at COVID's peak
Taxable goods and services transactions plummeted in value by $1.264bn during the COVID pandemic's peak due to lockdowns and other economic restrictions, it has been revealed.
Hotels dealing with visitor safety concerns on crime
Hotels have been fielding concerns over whether it is safe to vacation in The Bahamas as Canada was yesterday reported to have issued a crime alert on this nation.
Fisheries warning on Royal Caribbean's Xanadu deal
Bonefish conservationists last night voiced concerns about potential negative impacts for a key fisheries spawning ground if Royal Caribbean's proposed Xanadu Beach Hotel acquisition proceeds.
Tie 'pieces of puzzle' for better corruption ratings
The Bahamas was yesterday urged to "tie together" all the initiatives it has undertaken to combat graft after it maintained its 30th spot in Transparency International's corruption perceptions index.
GBPA praises PM for easing investor fears
The Grand Bahama Port Authority (GBPA) yesterday praised the Prime Minister for soothing the fears of multiple licensees and investors "alarmed by recent unsettling commentary" from Fred Mitchell.
Milo Butler to distribute two more Bahamian producers
A major wholesaler has agreed to distribute the products of two more Bahamian food producers via an agreement with the Bahamas Agricultural and Industrial Corporation (BAIC).
Family Island renewable energy search generates 100 questions
The Family Island renewable energy tender process has sparked more than 100 questions from potential bidders and interested investors, a Cabinet minister has revealed.
