Investors warned to look before leaping
The Bahamas International Securities Exchange’s (BISX) chief executive is urging investors to conduct proper risk assessments before parting with their capital.
Dealer says electric autos key in climate change fight
Electric cars will be vital in the fight against climate change, a Bahamian auto dealer says, while aiding the push to generate 30 percent of the country’s energy needs from renewables by 2030.
‘Give comfort’ VAT slash makes sense
The Government must “give comfort” that its planned VAT rate cut will not worsen The Bahamas’ already-precarious economic and fiscal position, an ex-Cabinet minister warned yesterday.
Aviation must seize ‘golden opportunity’
Bahamian aviation now has “a golden opportunity” to chart a brighter future despite being just “45 percent recovered” from COVID, a leading industry operator has asserted.
Contractors: ‘Perfect storm’ over raw materials quotes
Bahamian contractors “cannot control prices” because quotes on building materials are holding for as little as 48 hours, with one saying yesterday: “It’s just the perfect storm.”
Resort hopes 30% of guests returning
An Exuma resort yesterday voiced optimism that 30 percent of its pre-COVID business will return in time for Christmas due to Air Canada resuming flights to the island.
Small businesses fear supply crisis more than COVID
Bahamian small businesses view the global supply chain crisis as a bigger threat than COVID-19 itself amid growing anxiety over Christmas deliveries, a sector advocate disclosed yesterday.
IAN FERGUSON: Managers must relate to their older workers
Being an effective manager takes critical skills such as leadership, communication and strategic planning. It takes time to build rapport and respect with a team, and managers who do not take the time to do this can have a negative impact on team performance and morale.
Don’t suffer buyer’s remorse over solar
THE decision to install a solar system should not be taken lightly. It is a significant investment that you are going to have to live with and pay for in years to come. All solar systems are not created equal, and all installation professionals do not adhere to professional and ethical business standards. Great care is therefore required as you consider this investment.
Minister: $24m Chinese funding for local projects
The Government is targeting agriculture and fisheries partnerships with China, a Cabinet minister has disclosed, with $24m now available for local development projects.
Building suppliers paint tough materials picture
Construction suppliers yesterday predicted that paint prices will increase by more than 7 percent building due to an “unprecedented” lack of raw materials amid the global supply chain crisis.
Tourism rides supply chain ‘roller coaster’
Tourism’s post-COVID rebound will not be undermined by global supply chain woes, a top hotelier reassured yesterday, despite the industry enduring a logistics “roller coaster”.
Salary deduction needed for $10m cruise IPO loan
Bahamians wanting to access a $10m interest-free loan facility to finance investing in the Nassau Cruise Port can only do so if their employer “qualifies” for a salary deduction programme.
‘Next hurricane can wipe us out’
The Bahamas “must be at the table” in developing a financial compensation mechanism for climate change, a top official said yesterday, adding: “The next hurricane can wipe us out.”
URCA: Renewable policies not working
Bahamian energy regulators have conceded their renewable policies are “not attractive” for companies and investors seeking to enter the sector, and are proposing a pricing structure switch.
