Liquidator blasts own creditors committee
A Bahamian broker/dealer’s liquidator has resumed battle with his own creditors committee by blasting their criticism of his $1m-plus fees as “significantly lacking in substance, truth and accuracy”.
Attorney: Amend laws for mandatory vaccine
A Bahamian attorney yesterday urged the government to reform health and safety at work laws to allow employers to mandate that staff get vaccinated against COVID-19.
Govt defending ‘sole source’ Customs app
A top Ministry of Finance official yesterday defended the decision to accept a “sole source” bid for the app that now allows persons to file their Customs declarations electronically prior to arrival in The Bahamas.
Unions fearing ‘chilling effect’ if orders extend
Trade union leaders yesterday warned that any extension of the COVID-19 Emergency Orders will have “a chilling effect” on the Bahamian workforce with 60 percent of hotel union members still furloughed.
Lucayan seeks $3m over water ‘damage’
The government-owned Grand Lucayan yesterday said it is seeking almost $3m in compensation from the Grand Bahama Port Authority (GBPA) for “the exorbitant loss and damage” caused by poor quality water.
Unpaid tax, utility bills to factor into credit track record
The Central Bank’s governor yesterday warned that unpaid tax liabilities and utility bills will factor into Bahamians’ credit scores once the nation’s first Credit Bureau begins issuing reports to lenders.
Marinas seek ‘home port’ equivalent over yachting
The Bahamas will enjoy “the equivalent of cruise ship home porting” if the government follows through on pledges to develop a fully-fledged yacht registry, Tribune Business was told yesterday.
Tourism ‘90% unaffected’ by COVID-19 tightening
Tourism industry executives yesterday voiced optimism that the industry’s recovery will not be impacted by the government’s tightening of COVID restrictions, with one asserting it will be “90 percent unaffected”.
BPL chair asserts Shell negotiations ‘making progress’
Bahamas Power & Light (BPL) has made “significant progress” in negotiations with Shell North America for the latter to supply New Providence’s baseload electricity needs, its chairman said yesterday.
BPL chief hails $15m storage ‘game changer’
Bahamas Power & Light’s (BPL) chief executive yesterday hailed its planned $15m battery storage facility as a “game changer” for energy costs, efficiency and supply reliability.
Travel agencies in summer rebound
Travel agencies yesterday said COVID-19’s persistence is making them cautious about business prospects for the remainder of 2021 despite a recent pick-up in activity.
Super Value chief calls for ‘brutal’ COVID enforcement
Super Value’s president yesterday urged the authorities to “brutally enforce” COVID-19 health protocols as he revealed the supermarket chain has “had more cases in the last month than ever before”.
Ex-MP wins 2% of claim over his ‘most humiliating episode’
An ex-PLP MP has won just two percent of his $84,420 legal claim against the government for what he described as “the most humiliating episode of my professional career”.
Aviation faces ‘curve ball’ from COVID restrictions
The Bahamian aviation industry was yesterday said to have been thrown “a curve ball” by the government’s tightening of COVID restrictions having regained just 40-50 percent of pre-pandemic business.
Taylor Industries owners give ex-staff $150k boost
The Supreme Court has approved a transaction that will see Taylor Industries’ former owners make a $150,000 payment that could significantly boost recoveries for former staff of the insolvent retailer.
