Cruise port targeting 25% visitor rise to 5.6m in ‘24
Nassau Cruise Port yesterday affirmed it is targeting a near-25 percent increase in passengers to 5.6m for 2024 after receiving close to 4.5m last year.
Graycliff workers enjoy 20% pay increase over five years
The hotel union’s president says the newly-signed industrial agreement with Graycliff will give 50 workers a 20 percent pay rise spread over five years and place them in a “more stable position”.
Fired Atlantis shop steward now working at hotel union
A former Atlantis chief shop steward, whose firing last year triggered a formal trade dispute, has elected not to return to the resort and is now employed full-time with the hotel union.
Fast-food chain aiming for $1.5m growth ‘slam dunk’
A Bahamian fast food franchise yesterday revealed it aims to create 25 jobs through a $1.5m expansion into its tenth New Providence location after all planning approvals are obtained.
Taxi drivers threaten own ‘Battle 4 Atlantis’
The Bahamas Taxi Cab Union (BTCU) yesterday threatened to launch its own “Battle for Atlantis” over the mega resort’s efforts to prevent drivers from “clogging” the Coral Towers entrance.
Petroleum retailers fear ‘another nail in the coffin’
Bahamian petroleum retailers yesterday voiced fears that full Business Licence audits will be “just another nail in the coffin” as they push to meet with the Prime Minister over demands for a margin increase.
Boat registration hikes ‘life and death matter’
The Opposition’s finance spokesman yesterday blasted the “cruel” magnitude of the boat registration fee hikes which he branded “a matter of life and death” for his constituency’s subsistence fishermen.
PM renews call on climate financing
The Prime Minister has renewed his charge that there is a “disparity” between the climate changes pledges made by developed countries and the financing required by small island states such as The Bahamas.
Union president hopes deal with Graycliff signed today
The hotel union's president yesterday said it hopes to conclude an industrial agreement with Graycliff as early as today, adding: "You can see the finish line but we're not there yet."
$3m co-working facility 30% booked at launch
A newly-launched western New Providence co-working space was 30 percent booked when it opened on Wednesday, its principal told Tribune Business.
PM spokesman defends $2 tourism expansion
The Prime Minister’s spokesman last night said the $2 levy all Bahamian travellers must now pay will be used to finance further development of this nation’s tourism product for the benefit of all.
Ex-BREA chief: ‘Middle class are not feeling this prosperity’
A two-time Bahamas Real Estate Association (BREA) chief is urging banks to cut the down payment demanded from all home buyers to 5 percent, as he warned: “The middle class aren’t feeling this prosperity.”
Melia middle managers’ dismissal claim survives
A wrongful dismissal claim by 50 middle managers at the former Melia Nassau Beach Resort has been permitted to survive “so that justice may not only be done but be seen to be done”.
Chamber ‘carefully monitoring’ frustrations over DIR tax portal
The Chamber of Commerce’s chairman last night said it is “carefully monitoring” mounting private sector frustration caused by the struggle to access the Department of Inland Revenue’s online tax portal.
Developer ‘not having party yet’ over mortgage easing
A major Bahamian residential housing developer yesterday disclosed it is “not having a party yet” over the Central Bank’s decision to relax mortgage lending stipulations.
