New distillery’s boss urges water, power improvement
A Grand Bahama businessman said yesterday water quality and electricity services need improving if the island is to attract further investment.
Asset manager in $200m GB airport cargo hub offer
A Bahamian financier yesterday revealed a $150bn asset management firm last year offered to invest $200m in rebuilding Grand Bahama International Airport (GBIA) and developing a cargo hub at the site.
Ex-PM: ‘Not one red cent missing’
Dr Hubert Minnis yesterday asserted that “not one red cent is missing” from any of the COVID-19 relief initiatives that came under fresh assault in Parliament from his successor.
Town Planning turns down swimming pigs expansion
Opponents of an Adelaide-based swimming pigs attraction yesterday hailed the Town Planning Committee for upholding “the rule of law” by denying its application to develop a bar and grill.
COVID food costs ‘far below’ NGOs average
The COVID food initiative’s 8 percent administrative costs ratio is “far below” the typical international benchmark for non-profits, a governance reformer revealed yesterday.
BTC: Tax ‘disruptors’ like Netflix and Hulu
The Bahamas Telecommunications Company (BTC) has demanded that industry regulators tax “disruptive” providers of over-the-top (OTT) services to counter their “onslaught” on local carriers.
ART OF GRAPHIX: Strong work ethics to open many doors
When it comes to employment, there is one ‘must have’ trait. Can you guess what it is? It is work ethic. Many job seekers struggle to understand that work ethic is more than just an innate mix of good family upbringing and personal qualities but, rather, a trait you can actually nurture. So, what does work ethic mean? Work ethic refers to a set of key moral values that guide individuals towards successfully completing their work in a formal environment.
No plans for tax cuts on gasoline
A Cabinet minister says the Government presently has no plans for cutting VAT on gasoline to help offset inflationary pressures from volatile global oil prices.
Businesses describe minimal social distance ease impact
The Government’s decision to cut social distancing requirements by 50 percent to three feet yesterday drew a mixed reaction from businesses with several suggesting it will have little impact.
Family Island resorts in further COVID ease call
Some Family Island resorts yesterday called for the further easing of COVID-19 restrictions while backing the Government’s relaxation of the mask mandate within hotels.
Realtor: Nearer 10% of tax increases ‘fair’
A Bahamian realtor yesterday revealed that evaluations he conducted for his commercial property clients showed that closer to 10 percent of their real property tax bills are “fair and reasonable”.
Quit ‘childish banter’ over our fiscal crisis
A prominent banker yesterday urged both major political parties to “put away the childish banter” and focus on the fiscal and economic reforms The Bahamas has lacked for 25 years.
‘An all-time low’ on investor confidence
The Opposition’s leader yesterday argued that investor confidence in The Bahamas’ sovereign debt is at “an all-time low” given the deep discounts, and high yields, at which its bonds are trading.
Jitneys unaware over full occupancy return
Jitney drivers yesterday said they were unaware that the Government had permitted the industry to return to 100 percent passenger capacity with effect from last week.
‘Polish product’ to maximise record-breaking cruise port
Downtown Nassau must “polish its product” to maximise the benefits from the “busiest cruise port in the world”, which is this week enjoying a record-breaking 32 vessel berths.
