Retailers enjoy ‘steady’ Black Friday sales flow
Bahamian retailers have reported a “steady flow” of Black Friday customers and sales as persons “get the jump” start on their Christmas shopping.
‘Headwinds’ slash J S Johnson profit 12.54%
J S Johnson’s managing director is warning that “industry headwinds” across its business have slashed profits by 12.54 percent or almost $900,000 for the year to end-September 2023.
Bahamasair launches flight to open Exuma
Bahamasair last Wednesday launched its inaugural service between Fort Lauderdale and Georgetown, Exuma, with around 50 passengers on the flight.
BTVI partners with Breezes to design employee uniforms
The Bahamas Technical and Vocational Institute (BTVI) has ventured into a partnership with SuperClubs Breezes Bahamas to supply uniforms for resort staff.
Bahamas broker’s clients: ‘We’ll be left with nothing’
Deloitte & Touche liquidators and their attorneys have been awarded over $1m in costs despite clients of a collapsed Bahamas broker/dealer voicing fears this payment leaves nothing for them to recover.
$200m renewable fund eyes summer ‘24 launch
The Ministry of Finance’s top official yesterday said he is targeting summer 2024 for the launch of an up to $200m fund that will finance renewable energy’s build-out across The Bahamas.
FNM wants Auditor General to probe maritime contracts
The Opposition will urge the Auditor General to “intervene” and probe allegations by a top civil servant that two maritime-related contracts were executed irregularly, its leader revealed yesterday.
Cable ‘well beyond half-way’ on fibre roll-out next month
Cable Bahamas’ top executive says it will likely be “well beyond the half-way point by December” in rolling-out its new fibre-to-the-home network infrastructure across New Providence.
Marinas: ‘Nothing’ heard on new online fee portal
Marina operators yesterday disclosed they have heard “nothing” about the online charter fee portal that was supposed to be created via a controversial $3.355m contract award.
IAN FERGUSON: The benefits from offering staff meals
Yesterday was perhaps the beginning of the holiday food season. No one underestimates the importance of food in the corporate environment. Employees come to work with food on their mind. They are either walking in with breakfast or stepping out to get it. By 11am they are ordering lunch, and by 3pm planning dinner.
Sky dive promotion hit by insurance concerns
A new sky diving excursion yesterday revealed the Ministry of Tourism is reluctant to promote the venture over concerns that it lacks adequate insurance.
Seaplane private charter targeting Harbour Island
A US aviation operator is planning to launch private charter seaplane flights from south Florida to Harbour Island in early 2024 to meet growing demand for the latter location.
Nassau and PI resorts enjoying Thanksgiving ‘record occupancy’
The Nassau/Paradise Island Promotion Board’s (NPIPB) chief executive yesterday said its resort members are reporting “record occupancy” for the Thanksgiving holiday period.
Top housing official rapped over ‘excessive spending’
The Government’s chief housing officer was reprimanded for “excessive spending” that allegedly exhausted 92 percent of the department’s budget within the fiscal year’s first seven months.
‘Don’t base corporate income tax decision on Shell $1.55bn’
The Bahamas must not implement a corporate income tax “on the narrow performance of entities” such as Shell which last year paid zero tax on its local subsidiary’s $1.55bn profits.
