North Andros hotel hopes for 85% regatta retention
A North Andros hotel yesterday voiced hope that “at least 85 percent” of visitors scheduled to attend this weekend’s postponed homecoming will still come out when it is held later this month.
Gov’ts ‘too lenient’ over tax-dodging supporters
Previous administrations have been “too lenient” on tax dodging supporters, a small business adviser has asserted, while warning: “The Government ain’t playing around no more.”
Brewery wins $1.156m Business Licence fight
Commonwealth Brewery says it has “successfully challenged” a $1.156m tax demand from the Government and is now awaiting the authorities’ next move.
Resorts enjoy mixed July 4 performance
The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday said industry bookings for the July 4 US Independence weekend were “very robust”, but Family Island properties did not fare so well.
HUBERT EDWARDS: Moving The Bahamas from ‘good’ to ‘great’ at 50 years
Some observers refer to The Bahamas as the “greatest little country in the world”. Others have used variations on this theme. An objective and honest assessment, taking into account all the circumstances facing The Bahamas, should readily lead to a conclusion that this is largely an aspirational statement. However, I believe there is no reason why this need remain so. From an economic and social development perspective, I am convinced The Bahamas has had, and continues to have, the potential to more significantly outpace others in the Caribbean and match much larger countries around the world stride for stride.
Atlantis shop steward’s firing incites protests
The hotel union’s president yesterday said he expects the “law to take its course” as a small group of workers protested at the Department of Labour against Atlantis’ decision to fire a shop steward.
$88,000 generator needed in North Andros
At the Prime Minister’s weekly press briefing yesterday, Deputy Press Secretary Keishla Adderley said the Water and Sewerage Corporation (WSC) has determined that a new generator at the cost of $88,000 is needed at the new wellfield site in North Andros.
‘Fix is in motion’ for power issues on Harbour Island
With residents of Harbour Island reporting that they have been experiencing frequent power outages for the past three days, Bahamas Power and Light has said that they are aware of the issue and “the fix is in motion”.
Atlantis: 30% spend, rate jumps ‘as good as it gets’
Atlantis yesterday said its year-to-date performance is “as good as you can get” with rates and visitor spending per occupied room both exceeding pre-COVID levels by up to 30 percent.
Fishing ‘distress’ over boat registration hike
Bahamian fishermen were yesterday said to be “distressed” over “ten-fold” rises in annual boat registration fees that are causing “a lot of panic” in the sector.
Merchant’s remote shift ends 50-year retail era
A Bahamian merchant has shuttered its retail store after more than 50 years in business as part of a restructuring that now sees it providing reduced services remotely.
Bahamas ‘not tapped out’: FDI inflows at $1.3bn high
The Bahamas is “nowhere near to tapping out” its ability to attract greater foreign direct investment (FDI) flows, it was argued yesterday, after these increased by 6 percent to near-$1.3bn in 2022.
Businesses fear major loss from North Andros BPL fire
Hundreds of North Andros businesses and visiting vendors were yesterday fearing they could suffer substantial losses after the area's entire power generation capacity was destroyed by an early morning fire.
'Rent to own' initiative attracts 600 applicants
The Bahamas Mortgage Corporation's chair yesterday said the Government’s 'rent to own' housing initiative has sparked a “very high” response with more than 600 applications submitted to-date.
'Reticent' on oil explorer's carbon credits alternative
Environmental activists are urging the Government to "carefully scrutinise" any proposal by Challenger Energy Group to monetise its $150m investment in this nation via the creation of carbon credits.
