‘Don’t imperil’ citizens over taxation reforms
Tax reform must “not imperil” the Bahamian private sector and citizens, a governance reformer is warning, adding that income taxation is not a cure-all for the country’s fiscal and economic woes by itself.
Blockchain operator blasts ‘unfounded’ $20m lawsuit
A Bahamian blockchain and digital assets firm has slammed a $20m damages claim as “unfounded”, asserting that it was lavished with praise by the party making the allegations less than five months earlier.
Bahamas ‘open for business’ with latest COVID upgrade
The Bahamas is “unquestionably” in a strong competitive position after US federal health authorities confirmed this nation’s COVID ranking is set to be upgraded to ‘moderate’, a top hotelier said yesterday.
Carnival’s private island plan to up arrivals 48%
The $80m expansion of a cruise line’s private island will create 200 construction jobs, and an extra 80 full-time posts, through growing annual visitor arrivals by 48 percent compared to pre-COVID volumes.
Labour chief asserts whimper greeted COVID furlough end
The COVID furlough period’s end sparked very few worker terminations, the Government’s top labour official is asserting, with Nassau Cruise Port’s need for 250 construction workers “a good indicator” of the economy’s growing revival.
‘Don’t pull the rug from under’ $1m expansion
A Bahamian manufacturer, poised to double its workforce following a $1m expansion, yesterday urged the Government not to “pull the rug out from under us” with hasty tariff cuts that remove what little protection exists for local industries.
Atlantis chief: Our staff ‘need pay increase now’
Atlantis is awarding its unionised employees a 3 percent “across-the-board” pay increase with effect from April 25, its top executive saying: “Our team members need an increase now”.
COVID mask deterrent ease for cruise tourists
The Government’s COVID enforcers have eased the mask-wearing mandate for cruise ship passengers as vessel occupancy for Nassau berths hit a post-pandemic record of 91 percent last Friday.
Minimum wage rise to benefit 25% of workers
The Government’s top labour official yesterday said almost 60,000 Bahamian workers will benefit from a recommended minimum wage increase that will soon be submitted to the Government for its approval.
Statutory downtown manager supported if functions correctly
DOWNTOWN Nassau stakeholders yesterday backed the creation of a statutory body to manage the city’s transformation while urging the Government to respect private property rights.
‘Time not on our side’ for Bay Street revival
Nassau Cruise Port’s top executive yesterday warned “time is not on our side” to ensure Bay Street’s tourism product meets the expectations of 20,000-plus cruise ship passengers and other visitors frequenting the area daily.
Bahamian contractors ‘scrapping for 40% left’
The Bahamian Contractors Association’s (BCA) interim president yesterday urged the Government to “save the 40 percent that’s left for locals” by finally enacting self-regulation and “fixing a broken” work permit renewal system.
IMF ‘preaching to choir’ over COVID-19 ravages
A senior hotelier yesterday said the International Monetary Fund (IMF) is “preaching to the choir” over its call to make increased COVID-19 vaccination rates The Bahamas’ leading economic policy priority.
Manager loses $195k claim over alleged watches theft
A store manager has lost his $195,000 claim against a luxury goods retailer over the alleged theft of hundreds of thousands of dollars in watches despite being cleared of all criminal charges relating to the affair.
DPM: Bay Street can’t be ‘point of national shame’
The deputy prime minister yesterday said downtown Nassau must “become the calling card of The Bahamas, not continue to be a point of national shame”
