Almost 4,000 collected NIB benefits while still working
A Cabinet minister yesterday said he has been informed that almost 4,000 persons were illegally collecting jobless benefits during COVID-19 while still employed
‘No decision’ on tighter COVID-19 restrictions
A Cabinet minister yesterday said “no decision” has been taken on imposing tighter COVID-19 travel restrictions ahead of the Christmas/New Year holiday peak period for tourism.
‘Action now’ on Dorian tax breaks extension
Abaco’s Chamber of Commerce president yesterday reiterated that residents need “action now” over the extension of Hurricane Dorian-related tax breaks and other relief.
Gov’ts 3% growth target below UoB ‘health’ goal
A Cabinet minister yesterday said the Government is targeting a five-year average growth rate that falls short of that recommended to restore The Bahamas to economic and fiscal “health”.
IMF: 12% VAT rate ‘lowest in Caribbean’
The Bahamas’ soon-to-be-repealed 12 percent VAT rate was branded “the lowest in the Caribbean” by the International Monetary Fund (IMF) in its much-debated report to the Government.
‘Rid yourselves of negative thoughts’ on $200m project
Bahamians were yesterday urged to “rid themselves of any negative thoughts” as to whether the latest $200m effort to revive the Cotton Bay Club is for real.
Minnis: Give PI investor ‘all the help’ necessary
The former prime minister urged his investments chief to give a Bahamian entrepreneur “all the assistance necessary” to ensure his success only to snub him 12 months later for Royal Caribbean.
Tourism’s fears ‘knee jerk’ COVID reaction
The Government was yesterday urged to avoid “knee jerk reactions” to new COVID variants as hotels voiced fears that “across-the-board” PCR testing could undermine their Christmas trade.
Minimum wage increase ‘definitely’ will be studied
THE National Tripartite Council will “definitely be looking” at a potential minimum wage increase, its vice-chair said yesterday, after the Government requested that it study the matter.
‘Decent work’ needs stronger labour laws
A TRADE union leader yesterday said The Bahamas’ latest five-year Decent Work Country Programme (DWCP) will demand a “strengthening” of current labour laws.
Minister’s ‘open mind’ over BPL refinancing
A Cabinet minister yesterday said he is “keeping an open mind” on the best method to refinance Bahamas Power & Light (BPL) ahead of “a rapid assessment” that begins today.
Unholy fight fails to ‘uncover the truth’
A Supreme Court judge is unsure whether she obtained “the whole truth and nothing but the truth” in an unholy battle over the land upon which a 2,500 seat mega Freeport “cathedral” now sits.
Out Island resorts 10% above Christmas 2019
Family Island resorts are “expecting” business for the November-December period to be 10 percent above 2019 levels, an industry executive saying: “The needle is moving in the right direction.”
Small but mighty
ActivTrades
These are very small parts, sometimes no larger than a grain of rice, that are causing such great turbulence in the world economy.
New Ginn bid targets ‘wonder of the world’
A new contender to acquire the former Ginn sur mer project is aiming to construct a 28-storey “iconic tower” modelled on Alexandria’s ancient lighthouse as its focal point if the deal proceeds.
