FOCOL: ‘All resources we have’ to oil spill fight
FOCOL Holdings’ chairman yesterday pledged it was “deploying every resource we have” to clean-up the 30,000 gallon Exuma oil spill, and said: “We’ll do whatever’s necessary to stop it happening again.”
Carbon credit earnings are ‘many years’ away
A senior Bahamas National Trust (BNT) executive has warned this nation “won’t get a dollar from carbon credits for many years” as he backed calls for more direct local ownership in the fledgling industry.
Realtors optimistic ‘hottest market in 40 years’ survives
Realtors are closely scrutinising whether “the hottest market The Bahamas has seen in 40-plus years” can survive rising global headwinds as they seek to maintain revenue increases of up to 79 percent.
Tourism hopeful major strike damage avoided
The Bahamian tourism industry was yesterday hopeful that widespread, long-lasting damage from the Airport Authority strike may have been avoided even though most of the agency’s employees still failed to show for work.
COVID restrictions help ex-airline chief avoid jail
COVID restrictions literally provided a get-out-of-jail route for a former airline principal who successfully overturned a one-month prison sentence for contempt of court.
Union leader: ‘Hot spots’ will not become eruption
A trade union leader yesterday pledged that workplace “hot spots” will not erupt into full-blow strikes or industrial action, adding: “We are working around the clock to find a happy medium.”
Verdict threatens resort’s $100k private club model
A Bahamian resort developer yesterday moved to overturn a Supreme Court ruling that threatens to undermine the $100,000 “entry fee” business model for its private club by giving nearby homeowners free access to multiple amenities.
DPM: ‘No winners’ from airport strike
The Deputy Prime Minister yesterday said “there are no winners” from Monday’s Airport Authority strike as he voiced concern over the damage inflicted on The Bahamas’ tourism reputation from missed flights and delays.
Fragile tourism fearing ‘long lasting’ airport strike damage
Bahamian tourism yesterday called for “a speedy resolution” to the strike action impacting the country’s major airports as it warned of potential “long-lasting” damage to a “fragile industry rebounding from a long period of nothing”.
Police probe slammed: $101k must be returned to carpenter
The Royal Bahamas Police Force has been ordered to return $101,038 in cash seized from a part-time carpenter after the Court of Appeal criticised its non-existent investigation into whether this represented criminal proceeds.
$6m start-up planning to be ‘full scale’ in 2 years
A newly-formed Bahamian manufacturer yesterday said it plans to grow its $6m investment and initial 16-strong workforce into a full-scale construction supply operation within two years.
Cruise ship occupancies to hit 110% by end-2022
Nassau Cruise Port’s chief executive yesterday disclosed that average passenger occupancies will hit pre-COVID levels of 110 percent by year-end 2022 and beat its own recovery forecast.
Bus drivers slam ‘empty promises’ during protest
Bus drivers yesterday slammed the Government’s “empty promises” as they staged a protest sit-in that was not universally welcomed by all participants in the transportation sector.
Briland beach battle escalates over ‘stay’
A four-year battle involving a prominent developer and some of Harbour Island’s ultra wealthy landowners is escalating once again over disputed claims that a Supreme Court Order has been violated.
Third mobile operator study eyes November
Some 45 percent of Bahamians believe Aliv’s mobile market entry has reduced prices, sector regulators have revealed, as they prepare to complete their study on the feasibility of a third operator by November 2022.
