Target cruising's top 10% for 'awesome' conversion
Nassau Cruise Port's top executive yesterday said The Bahamas must target the "top 10 percent" of cruise visitors with a compelling "value proposition" to realise a "huge" stopover conversion opportunity.
Airline chief: Do not pin FAA audit blame on us
A Bahamian aviation operator is voicing concern that he and other airlines are being set up to get the blame if this nation is downgraded by US federal regulators following a recent audit.
'Highly, highly unlikely' tourism hurt by crime
Nassau Cruise Port's top executive yesterday said it is "highly, highly unlikely" that cruise passengers or any tourists will be impacted by early 2024's surge in murders and the fear of crime.
Taxi union resolves Atlantis differences
Taxi drivers say they have resolved differences with Atlantis that previously saw them threaten to block the bridge to Paradise Island.
Environmental regulator to gain 'spot fine' power
The Department of Environmental Planning & Protection (DEPP) is awaiting passage of a law that will allow it to issue “spot fines” for anyone found guilty of infractions.
Yacht charters able to aid cruise conversion
Charter yacht industry participants say the sector can play a key role in converting cruise passengers to higher spending stopover visitors.
Governor: Profit repatriation tax would deter investment
The Central Bank's governor has warned against introducing a tax that solely targets profit repatriation on the grounds that it may deter foreign direct investment (FDI) into The Bahamas.
Bahamas failing to fully exploiting trade deals
The Prime Minister says Bahamian businesses are failing to properly exploit trade agreements that would give them preferential export access and potentially lower the cost of imports.
PM: Family Islands 'must not be left out'
The Prime Minister says the Family Islands must "not be left out" as he pointed to "major" investments in those locations and the $1.5bn project pipeline for Grand Bahama.
PM says ‘I have no disputes’ with GBPA
THE Prime Minister and Grand Bahama Port Authority’s (GBPA) president yesterday sought to downplay the two sides’ differences with the latter saying he is unaware if Freeport’s regulator is up for sale.
Chamber chair blasts tax portal as ‘complete mess’
THE Chamber of Commerce’s chairman yesterday blasted the Government’s new online tax payment portal as “a complete mess” with frustrated businesses receiving no relief from deadlines or fines.
Hotel deal: ‘11th hour impasse’ over minimum wage workers
HOTEL employers yesterday pledged that an “11th hour impasse” will “not derail” their bid to reach a new industrial deal amid accusations they are seeking to “discriminate” against minimum wage staff.
Firms do not possess ‘unlimited money tree’
THE Chamber of Commerce’s chairman yesterday said the Government seems to feel firms have access to an “unlimited money tree” with the private sector often falling victim to “suppressive” policies.
Commission calls police in over ‘fictitious’ e-mail
THE Securities Commission yesterday called for a police probe into a “fictitious” e-mail purporting to have come from its top executive which criticised proposed Securities Industry Act reforms.
Tax environment ‘worrisome’ for Bahamas-keen investors
A SENIOR accountant yesterday suggested The Bahamas should "pause" to assess whether its tax structure and mooted reforms are making the jurisdiction sufficiently attractive to investors.
