August marks ‘historic’ revenue high for Aliv
Aliv’s top executive yesterday said August was the highest revenue-generating month in the mobile operator’s history as it bids to dominate market share by end-June 2022.
‘High rise’ gambling costs Atlantis staffer
An Atlantis shift engineer’s claim for wrongful dismissal has been rejected after himself and other employees were caught gambling in the electrical room on the Reef’s 20th floor.
Air arrivals now 76% of pre-COVID figures
Air arrivals to The Bahamas in July rebounded to over three-quarters of their pre-COVID levels, the Central Bank revealed yesterday, while the drop-off in vacation rental demand eased in August.
Health visa processor against charging fee
The digital payment provider responsible for processing health travel visa fees yesterday said it was merely obeying government policy as it felt such charges should not be levied.
Crypto exchange chief hails Bahamas’ regulatory balance
The head of the world’s third largest cryptocurrency exchange yesterday hailed The Bahamas for establishing the “world’s first comprehensive” regulatory regime for the sector.
A cold winter results in hot prizes
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The energy crisis has long since arrived in England. Long queues in front of petrol stations are no longer uncommon, and price increases are also imminent in Europe because the gas price is at a record highs.
Waterloo to hire 40 for end-month re-opening
A popular nightspot yesterday said it plans to hire around 40 people over the next month to facilitate its end-October/early November re-opening in time for the Christmas season.
Gov’ts $700m bond: Early issue ‘critical’
The Ministry of Finance’s top official yesterday said The Bahamas’ planned $700m sovereign bond issue “has not stopped” with the Davis administration informed its early placement is “critical”.
Bahamas must counter punch on offshore leaks
The Bahamas was yesterday urged to “look for the positives in a not so positive situation” after this nation was named among the jurisdictions mentioned in the latest offshore finance data leak.
Tourism back to 85% pre-COVID in August
August tourism numbers were down just 15 percent compared to 2019’s pre-COVID levels, the Ministry of Tourism’s director-general said, amid hopes that more investments are in the pipeline.
Hurricane Hole developer targets 300 full-time posts
Hurricane Hole’s developer says the Paradise Island-based project is projected to create over 300 permanent jobs when its $250m investment is fully completed.
Atlantis appoints Bahamian to head government affairs
ATLANTIS has named a Bahamian executive with more than 20 years’ financial and tourism industry experience as its senior vice-president of government affairs and special projects.
PM urges US judge: End pursuit of web shop boss
The Prime Minister has urged a US judge to end the federal authorities’ pursuit of Island Luck’s co-founder, writing: “I strongly advocate termination of proceedings against Mr Adrian Fox.”
Christmas ‘make or break’ for local retail
A Bahamas Federation of Retailers co-chair yesterday warned the upcoming Christmas season will be “make or break” for many merchants still grappling with the COVID-19 pandemic’s devastating economic fall-out.
Ships’ waste processor in $15m Freeport facility
A Freeport-based processor of ships’ liquid waste is planning to invest $15m in constructing a plant capable of treating 150,000 metric tonnes per year, it has been revealed.
