Kovats emerges as potential buyer for Treasure Cay
THE government will “look into” the concerns raised about the investor seeking to buy the Treasure Cay resort.
Failure to get Lucayan deal over the line not unexpected
A lack of “commitment” to complete by Royal Caribbean Cruise Line for the purchase of the Grand Lucayan Hotel was behind government’s decision to pull the plug on the deal and one Freeport businessman agrees.
Senor Frogs ‘seeing a lot of business’ since reopen
A popular downtown eatery has brought back only 40 percent of its staff since reopening from its COVID-19 imposed closure in March, 2020.
BREA president taking stand against foreign realtor companies
THE Bahamas Real Estate Association’s (BREA) president yesterday said she wants “law and order” in this country and made a stand on co-brokering with foreign agents as she justifies the need for BREA to have Memoranda of Understanding (MoU) with foreign real estate associations.
Taxicab Union warns against price gouging
Bahamas Taxicab Union (BTCU) yesterday cautioned against price gouging in the sector, encouraging visitors to check the rates prior to getting into a taxi.
NAD meets passenger arrivals projections
SIR Lynden Pindling International Airport met its projected 6,000 passenger arrival for this past weekend and expects this to maintain this volume throughout the remainder of the holiday season, a top executive at the Nassau Airport Development Company (NAD) said yesterday.
ATLANTIS 6,000 BACK AT WORK: Staff return to full hours as surge in bookings arrives
ATLANTIS Paradise Island has 6,000 staff members back to work for the holidays as the resort is reporting full occupancy well into the New Year.
Majority of 52 week programme workers placed in private sector
Two thirds of the remaining unposted 52 week programme workers in the public service have been successfully placed in the private sector while the remainder are undergoing training.
FOCOL Holdings announces new promotions to its executive ranks
FOCOL Holdings Limited has announced three top level promotions in its executive establishment.
AG: Several tools added to deal with international requests for exchange of information
The Attorney General has provided an insight on the government’s case management system to help facilitate the management of responses to international requests for exchange of information.
Trading inflation
ActivTrades
THE acceleration in the rise of consumer prices of the last 8 months continues to spread.
‘Slippery slope’: Don’t exploit private aviation
The Bahamas must “nurture rather than exploit” a booming private aviation market that can become increasingly “fickle” if hit with increased taxes, a prominent industry executive is warning.
Court backs regulator’s FBI ‘bait’ broker wind-up
The Securities Commission’s intervention to “nip in the bud” conduct by a Bahamian broker/dealer once used as FBI “bait” was yesterday vindicated by a Supreme Court judge.
Insurers ‘trying to hold line’ on rate increases
Bahamian insurers yesterday warned businesses and homeowners that premium prices are again coming under “upward pressure”, with one pledging: “We’re trying to hold the line.”
Innovation Centre will benefit 1,500 students
The Bahamas’ first and “only” Centre of Entrepreneurship and Innovation will develop a business and technology incubator designed to benefit 1,500 students, it has been revealed.
