‘Water heater sales are lucrative on GB’
A Grand Bahama hotel operator says “it’s a lucrative business to be in hot water heater sales” as his property grapples with the same salt water issues that have afflicted the nearby Grand Lucayan.
‘Don’t put damper on a good thing’
A Bahamian realtor says the Government should focus on collecting the estimated $600m in outstanding real property taxes rather than increase rates, and warned: “Don’t put a damper on a good thing.”
Bahamas needing ‘small miracle’ to avoid austerity
A former finance minister yesterday warned that Bahamians must hope “a small miracle happens” if the country is to avoid harsh post-COVID austerity measures and low growth in coming years.
LETTER TO THE BUSINESS EDITOR: Baby thrown out with bath water on Freeport incentives
In reviewing the Free National Movement’s (FNM) 2021 manifesto issued on Tuesday, August 31, 2021, special note was taken of their plans for Grand Bahama, wherein the party promised inter alia to “work with the Grand Bahama Port Authority (GBPA) to improve Grand Bahama’s business processes, especially for micro-enterprise.”
Catering companies in mixed COVID outcome
Bahamian catering companies yesterday revealed mixed COVID-19 experiences for their businesses with performance dependent on their target market.
Union chief calls for ‘forensic audit’ at Water & Sewerage
A union president yesterday called for a “forensic audit” into the Water & Sewerage Corporation following the allegations made against its executive chairman.
Compass Point close now eight days away
A Cabinet minister yesterday declined to comment on Compass Point’s threatened election day closure as its owner begins preparations for the shutdown.
Compass Point close now eight days away
A Cabinet minister yesterday declined to comment on Compass Point’s threatened election day closure as its owner begins preparations for the shutdown.
‘Right this ship in the fastest possible time’
The Bahamas must “right this ship in the shortest possible time” to show creditors it has the post-COVID economic and fiscal crisis under control, a local economist urged yesterday.
Could SOE loss-makers have curbed costs more?
A Bahamian banker yesterday questioned whether loss-making state-owned enterprises (SOEs) did everything they could to curtail costs amid the quadrupling of subsidies at COVID-19’s peak.
Realtor on ‘expressway’ to 3-island expansion
A Bahamian realtor is targeting expansion into Eleuthera, Abaco and Freeport once it finds “the right people” after seeing sales volumes quadruple compared to its first two years in business.
Grand Bahama loses Classica to storm relief
Grand Bahama’s already-fragile economy has lost the benefit of regular calls by the Grand Classica for at least a month after the vessel was redeployed to New Orleans to aid Hurricane Ida restoration.
Bran: New Gov’t will be ‘unpopular’ within year
The DNA’s ex-leader yesterday said he “can almost guarantee” that the general election winner will be “very unpopular” within six-12 months because of the tough fiscal and COVID decisions they must take.
Aviation ‘golden goose on menu’
A prominent aviation executive is voicing fears that The Bahamas is placing the private plane “goose that has been laying the golden eggs on the menu” over the proposed fee rise at its main gateway.
Loss-making SOEs suck up near $118m
The Government spent more than $118m in combined subsidies to keep Bahamasair and the Water & Sewerage Corporation afloat at the height of the COVID-19 pandemic, it was revealed last night.
