Retail chief sees signs of supply chain ‘easing’
The Bahamas Federation of Retailers’ co-chair yesterday said larger merchants are reporting an “easing” of supply chain disruption with various surcharges previously applied to shipping costs “starting to get removed”.
Bahamas’ disaster response set for $160m transformation
The Bahamas’ ability to cope with natural disasters is set for a $160m overhaul after being ranked among the weakest in the Western Hemisphere by the Inter-American Development Bank (IDB).
Lobster volumes ‘up 30% or better’
Lobster catch volumes have increased by “30 percent or better” compared to 2021, a prominent fisherman said yesterday, although this has been offset by prices almost halving.
Developer: ‘We’ve gone above and beyond’ over environment
The Bahamian developer behind the proposed $63m Adelaide Pines project yesterday asserted that “we’ve gone above and beyond to make sure it’s environmentally sensitive” despite concerns the density is too high.
Symonette Andros mining proposal rejected by Gov’t
The Government has rejected the North Andros mining and land reclamation project proposed by the Symonette Group’s principal that would have created an initial 160 jobs and extra $100,00 per week spending impact.
$63m Adelaide project pledges up to 300 jobs
A Bahamian businessman is teaming with Albany’s developer and two UK investors for a $62.788m “mixed-use” residential and light industrial development in south-west New Providence that will create up to 300 full-time jobs.
Chamber chief ‘shocked’ at Andros mining verdict
The Andros Chamber of Commerce’s president yesterday voiced disappointment that the North Andros mining and land reclamation proposed by Cameron Symonette and his business partner was rejected by the Government.
Minister eyes ‘speed up’ for Carmichael Village housing
The Carmichael Village housing project will begin this month with a Cabinet minister yesterday voicing hope that it will “speed up” in the coming months.
Taxi union hits out on ‘outdated’ rate cards
The Bahamas Taxi Cab Union’s president yesterday hit out at the appearance of “outdated” rate cards that hotels are allegedly being encouraged to issue to their guests to ensure they are not over-charged.
'Save the country' with productivity
A Bahamian businessman yesterday said increased productivity is the only way to "save the country", and called on the Government to be "honest" with voters even if they lose an election for "doing the right thing".
Deficit target missed if not for aborted $86m PHA loan
The Opposition's finance spokesman yesterday charged that the Government would have missed its 2021-2022 deficit target but for the repayment of an aborted $86.2m Public Hospitals Authority (PHA) loan.
BPL outage must be 'end, not beginning'
A small business advocate has voiced concern that last Wednesday's power outage, which hit multiple areas of New Providence, is "the end and not the beginning" of any summer woes for Bahamas Power & Light (BPL).
Food cost ‘plateau’ looms despite 60% egg increase
Super Value’s president yesterday voiced optimism that food price inflation could start to “plateau” by end-September despite warning Bahamians that egg prices could suffer an imminent 60 percent increase.
Revisit National Lottery, ex-DNA leader demands
A former Democratic National Alliance (DNA) leader is urging the Government to revisit the creation of a National Lottery as a means to assist vulnerable Bahamians struggling with the cost of living crisis.
Barbers and beauty salons ‘rebound well’ from COVID
BARBERS and beauty salons were yesterday said to be “rebounding very strongly” from previous COVID-19 restrictions as more professionals return to work in the sector.
