‘Immediate audit’ urged on LPIA advertising deal
An “immediate independent audit” into the award of Lynden Pindling International Airport’s (LPIA) multi-million dollar advertising contract is being urged amid allegations it did not follow the bid criteria and National Investment Policy.
Liveable wage remains Gov’ts ultimate target
THE Government yesterday reiterated that implementing a so-called “liveable wage” remains its ultimate ambition as the 24 percent minimum wage increase to a weekly $260 was passed in the House of Assembly.
BAIC teams with Milo Butler to give agro-processor boost
THE Bahamas Agricultural and Industrial Corporation (BAIC) says its partnership with a major food wholesaler aims to expand distribution networks for local agro-processors.
Downtown Freeport calls for Dorian tax breaks extension
THE Downtown Freeport Business Association (DFBA) yesterday urged the Government to extend the Hurricane Dorian-related tax breaks and help revive an area where one in three buildings sit empty.
Pharmacies reopen with PM meeting set for 4pm
Private pharmacies will reopen this morning after the Government relented and agreed to a meeting between the Prime Minister and industry representatives today to address the price control dispute.
Food stores: No sign of price control crackdown
Food stores yesterday told the Government "don't leave us hanging on" as its tough talk about enforcing the expanded price control regime failed to materialise into fines and inspections.
Minister: ‘We won’t tolerate’ price control law breakers
A Cabinet minister yesterday warned "we will not tolerate people disregarding the law" as food stores openly defied the Government's November 1 deadline to implement expanded price controls while many pharmacies closed.
Old Fort Bay dispute heads for legal battle
Residents in an Old Fort Bay subdivision are hoping the Chief Justice will today sign an Order blocking further construction - at least temporarily - of a controversial "multi-use pathway" that has deepened the upscale community's divide.
‘First-of-its-kind’ marina for southern New Providence
A "first-of-its-kind" resort and marina development is seeking government approvals to construct on New Providence's southern shore a 600-vessel boat storage facility that can withstand Hurricane Dorian-strength storms.
Tourism surge to ‘overpower’ risks to Bahamas during ‘23
Pent-up tourism demand for The Bahamas will continue to “overpower” global inflation and the threat of a US recession “through to the end of 2023 at a minimum”, the Central Bank’s governor asserted yesterday.
‘Stable footing’: Ban on new payment providers removed
The Central Bank’s governor yesterday disclosed it is lifting the near three-year bar on new entrants to the money transmission and digital payments business with the market now on “a stable footing” post-COVID.
BPL gives resorts nod to explore renewables
Bahamas Power & Light (BPL) has given the go-ahead for the resort industry to “explore” cost-cutting renewable energy options although the details remain to be agreed, a top hotelier said yesterday.
Consumers warned: Inflation yet to peak
The Central Bank’s governor yesterday warned hard-pressed Bahamian consumers that soaring inflation may not yet have peaked - although record-setting real estate demand is one area set to “normalise”.
Pharmacies to ‘temporarily’ close in price control revolt
The Government was last night facing an open revolt after private pharmacies were urged to “temporarily” close today due to the failure to resolve the price control expansion dispute by the November 1 deadline.
Freeport firm opens maritime academy
A PRIVATE sector-driven academy, designed to inspire Bahamian students towards a maritime career and equip them with the necessary skills, was launched in Freeport this past Saturday.
