Cruise industry blasted on environmental ‘subterfuge’
THE CRUISE industry was yesterday blasted as “bad actors” that engage in “tricks and subterfuge” rather than addressing their environmental impact and pollution incidents head on.
Scotia: 95% gone online amid ‘lousy’ service claim
SCOTIABANK (Bahamas) will this year test mobile banking technology capable of serving all Family Islands, its top executive said yesterday, with 95 percent of customer transactions now conducted online or at ABMs.
Demand’s 40% surge drives Doctors revenue $2m higher
A 40 percent "surge" in private healthcare demand has driven Doctors Hospital's average monthly revenues some $2m higher than pre-COVID levels, its chief financial officer revealed yesterday.
Bahamas must ‘bite demon in butt’ over food insecurity
The Bahamas must “bite the demon of food insecurity in the butt”, an agriculture entrepreneur urged yesterday, after it was revealed that close to one in five residents recently suffered from limited access to food.
Tighten ‘exit strategy’ on failed FDI projects
A prominent realtor yesterday argued that The Bahamas must craft a robust “exit strategy” for when major foreign direct investment (FDI) projects “go south”, adding: “Surely we’ve learned from our mistakes?”
‘Not competitive’: Marina boss sees 20% Xmas fall
A Nassau marina operator yesterday blamed increased taxation for a near-20 percent decline in Christmas yacht traffic, and warned: “We’re not competitive with anywhere else in the Caribbean.”
Briland resort enjoys 33% revenue surge
A Harbour Island hotelier yesterday said the Christmas holidays were “bananas as usual” with December 2022’s revenues 33 percent ahead of pre-COVID comparisons for that month.
Minister leads Bahamas team at energy summit
A BAHAMIAN delegation headed by Cabinet minister, Vaughn Miller, travelled to Abu Dhabi to promote this nation’s renewable energy ambitions.
Construction ‘collapse’ if all undocumented workers lost
THE Bahamian Contractors Association’s (BCA) president yesterday said the construction industry would “collapse” if the Government deports every single undocumented worker in its latest threatened Immigration crackdown.
Gladstone Road firms aim to avoid Village Road’s fate
GLADSTONE Road businesses yesterday voiced optimism they will avoid the same fate as their Village Road counterparts when their own roadworks start as a similar outcome could cut commerce by 50 percent.
Realtor hails $1bn property sales ‘first’
A realtor yesterday hailed the $1bn in property sales his firm handled in 2022 as a “first” in The Bahamas, and asserted he would “be very surprised” if any rivals were close to matching this performance.
Bran: Price control switch ends pharmacy ‘beating’
The Democratic National Alliance’s (DNA) former leader yesterday gave “thanks to God” that the pharmaceutical industry’s lower-margin price control regime has ended, adding: “We took a little bit of a beating on that.”
Union leader targets liveable wage talks within two years
A trade union leader’s call for livable wage talks to begin by 2025 was yesterday met with scepticism by private sector representatives who argued that such a move will “only put businesses further under”.
Bahamas saves 25% of FTX assets from ‘dumpster fire’
FTX’s implosion was yesterday branded a “dumpster fire” as it was revealed that 25 percent of recovered international digital assets are in the Bahamian Securities Commission’s safekeeping.
Roadworks-hit businesses seek Gov’t ‘follow through’
Village Road businesses were last night said to be awaiting “follow through” by the Government after the two sides met on Monday to discuss their proposal for roadworks relief and compensation.
