Gov’t: We won’t add to gasoline pump prices
A Cabinet minister is voicing hope that reductions in global oil prices and energy costs will give Bahamian petroleum retailers some relief outside their long-desired 30 cents per gallon margin increase.
Bahamian realtor generates $100m sales after rebrand
A rebranded Bahamian real estate firm generated $100m in property sales during its first week of operating under two international industry names.
NIB move saves drug access for thousands
The National Insurance Board (NIB) last night went manual to preserve access to essential medicines for thousands of Bahamians after the National Prescription Drug Plan’s IT system crashed.
Project fills ‘10-year void’ for upper middle housing
A south-west New Providence development was yesterday said to be filling a “ten-year void” in the middle class housing market after clinching $13m in lot sales during its first three months.
‘Tables are turned’: BPSU chiefs in vacation pay fight
An ex-Bahamas Public Service Union (BPSU) president has enjoyed “limited success” in securing the $72,000 in accrued vacation pay he alleges is owed following a furious legal battle.
Gov’t ‘betting on ability’ to prove the IMF wrong
The Government is “betting on our ability” to hit its fiscal targets, a Cabinet minister asserted yesterday, predicting that the Opposition and other critics will “be wrong again”.
Bahamians ‘get better IP protections abroad’
Bahamians are better able to safeguard their intellectual property rights and innovations in foreign countries than at home due to an existing regime that is “so antiquated”, the Attorney General said yesterday.
IAN FERGUSON: How to avoid strife over family-owned businesses
Many micro, small and medium-sized enterprises (MSMEs) in The Bahamas are family-owned sole proprietorships or husband and wife partnerships. There are MSMEs that are quite small, operating in a ‘Mom and Pop’ type fashion, but there are others who have navigated the landscape well enough to grow and expand.
Gas retailers: ‘This is the time’ for margin increase
Bahamian petroleum retailers yesterday urged “this is the time” to grant a margin increase following last week’s 64-cent price drop with many said to be on the brink of “throwing away the keys”.
Economic output beats pre-COVID by $295m
Bahamian economic output for the 2023 first-half was last night said to have beaten pre-COVID comparisons by $295m in a signal that this nation is now moving beyond post-pandemic reflation.
Funeral chief’s partial win in stolen auto loan battle
A funeral home principal has won a partial victory in her legal appeal over a case where Bank of The Bahamas extended a combined $74,000 in auto loans despite knowing one vehicle was stolen.
Nygard scuttled $10m Bay Street wharf sale
Peter Nygard scuttled the $10m sale of a prominent Bay Street property that could play a vital role in downtown Nassau’s rebirth, a Supreme Court judge has revealed.
Gov’t is urged: ‘Prove IMF wrong’ on deficit
The Government was yesterday urged to “prove the IMF wrong” over its deficit blow-out forecast with this nation’s top finance official revealing all major revenue lines are enjoying “double digit” growth.
Nipped in the Bud: Brewery reversal over 40-year tie-up
Commonwealth Brewery yesterday suffered a reversal as the Court of Appeal sided with Budweiser’s global parent in the dispute over the termination of their 40-year Bahamian distribution deal.
Opposition: IMF deficit warning ‘wake-up call’
The Opposition’s finance spokesman yesterday argued the IMF’s deficit warning should serve as “a wake-up call” for the Government not to waste “record-breaking revenues”.
