Atlantis touts $20bn visitor spend impact
Atlantis guests have accounted for almost one-third of The Bahamas’ total air arrivals during the past 25 years, a senior executive said yesterday, while generating more than $20bn in visitor spending.
Firms ‘doomed to fail’ on Business Licence audit
The Chamber’s newly-elected chairman has voiced concern that some companies are “doomed to fail” their upcoming full Business Licence audit because they have been given inadequate time to prepare.
‘Huge inconvenience’ on BOB San Salvador close
San Salvador businesses yesterday voiced concern over the timing and uncertainty created by Bank of The Bahamas’ “temporary closure” of the island’s only bank branch ahead of the Christmas holiday.
$25m air freight firm’s links to gaming boss
The company charged with the $25m transformation of the Government’s air freight terminal has links to a web shop principal, Tribune Business can reveal.
Ex-minister blasts ‘outrageous’ Business Licence audit fines
A former Cabinet minister yesterday slammed the “outrageous” fines for Business Licence audit non-compliance even as government officials questioned why there was so much private sector anxiety.
Air freight terminal ‘disgrace’ set for $25m transformation
The Ministry of Finance’s top official yesterday assured there will be “a very minimal” cost impact to Bahamian imports from a $25m deal to overhaul “a disgrace” of an air freight terminal.
Business Licence audits to impact ‘less than 1%’
The Ministry of Finance’s top official yesterday challenged why Business Licence audits for firms with turnover over $5m is “posing a great difficulty” given that less than 1 percent of all companies are impacted.
Minnis warns on increased New Year air import costs
An ex-prime minister yesterday warned Bahamians will have to pay increased costs to import goods via air freight from New Year’s Day due to a $25m outsourcing deal struck by the Government.
Workplace confidentiality key to corporate success
Workplace confidentiality is important as it helps manage disputes, ensures the security of delicate information, promotes loyalty, protects clients and prevents crime and discrimination. Confidentiality is often assured under a company’s policies, and therefore anyone who breaches the agreement is liable to face legal action.
Non-profit reveals 36% fall in distributed meals
The Bahamas Feeding Network (BFN) yesterday said corporate donations have dropped-off noticeably since the COVID pandemic even though one in every eight Bahamians is thought to be living in poverty.
Royal Caribbean says PI project is 'near finish line'
Royal Caribbean's senior Bahamas executive yesterday said its Paradise Island project is "near the finish line" on obtaining the necessary approvals with a Heads of Agreement now being finalised.
Gov't urged to move on bus fare increase
Bus drivers yesterday said the Ministry of Transport (MOT) needs to just get on with increasing jitney fares rather than delay any decision until the New Year.
Hurricane Hole developer takes on Briland project
Hurricane Hole’s developer has been hired to manage a $200m resort and marina project on Harbour Island with effect from January 2024.
‘Severe penalties’ fear on Business Licence audits
The Chamber’s newly-elected chairman last night voiced “serious concern” that firms may be exposed to “severe penalties” for Business Licence infractions due to inadequate time to ready for full audits.
Residents ‘won’t let guard down’ on hotel expansion
Residents in Tropical Gardens and Gambier Heights yesterday pledged they will “not let our guard down” even though a controversial planning application has been placed in the “pending file”.
