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.
NIB rate hikes ‘totally impossible’ to absorb
Bahamian businesses have warned it is “absolutely impossible” to absorb the contribution rate increases required to save the National Insurance Board (NIB), adding: “The can’s been kicked to pieces at this point.”
Winter is coming
ActivTrades
I do believe there are catastrophes that everyone can see coming long before they happen. Events and developments that become apparent long before they occur, initially often swept under the carpet, then deliberately ignored before being trivialised in their effects a little later - and whose impact is only recognised at the very end, when there is nothing left to deny.
Union chief: ‘We’ve been taken for a ride too long’
The hotel union’s president says it is “diametrically opposed” to the industry’s proposal that tipped employees receive less than a full minimum wage increase, saying: “We’ve been taken for a ride for too long.”
DEREK SMITH: Building compliance for global workforce
Despite the changes in a company’s day-to-day workflow due to technological progress, the backbone of a successful corporation remains its trained and engaged workforce.
Cable pushes TV review after 11% subscriber fall
CABLE Bahamas is pushing industry regulators to complete their review of pay-TV services after it suffered the greatest year-over-year subscriber drop of 11 percent for 2021.
Scotiabank sharpens credit focus via new Sales Centre
A SCOTIABANK (Bahamas) executive says its newly-launched Sales Centre will enable the lender to focus on “all things credit” and give greater attention to customers seeking loans.
