Livable wage finding in minimum wage rethink
The National Tripartite Council’s chairman says recent University of the Bahamas (UoB) research on the livable wage had caused him to rethink his push for a minimum wage increase.
Industrial Tribunal reforms are urged
A labour attorney has called for substantive changes to the Industrial Tribunal that will improve the speed and quality of workplace dispute resolution.
Govt mulls VAT hike on $1m-plus property
The government is mulling whether to increase the VAT rate to 12 percent on all property sales worth $1m and above as part of next week’s budget measures to plug a multi-million dollar revenue gap.
Don’t accept severance, 700 terminated Atlantis staff told
The hotel union’s president yesterday said the 700 terminated Atlantis workers have been advised not to accept their redundancy payouts through the three installments offered by the resort.
Cruise port expansion hits marina’s business
The Association of Bahamas Marinas (ABM) president yesterday complained he has been placed at a competitive disadvantage because Nassau Cruise Port has yet to dredge the harbour.
Minister’s fears on ‘vaccine hesitancy’
A Cabinet minister has reiterated his concern that “vaccine hesitancy” among Bahamians and residents is delaying the economy’s rebound and contributing to the COVID-19 “third wave”.
BTC targets 60% Internet ‘migration’
The Bahamas Telecommunications Company (BTC) is aiming to switch 60 percent of Internet customers to its new network technology by 2023 as it seeks to “reclaim the market leader mantle”.
Island Luck chief’s ‘rent free’ pledge to tenants
Island Luck’s co-founder yesterday pledged that tenants in his newly-constructed Abaco commercial complex can enjoy the first six months’ “rent free” to help the island’s post-Dorian rebound.
Vendors target $20,000 for Potter’s Cay rebuild
Potter’s Cay vendors are aiming to raise up to $20,000 from a holiday weekend cook-out to help finance the rebuilding of stalls destroyed by last month’s fire.
Marijuana advocate says gaps in draft legislation
A marijuana advocate yesterday said cannabis security licences and liberalising dispensaries are key elements that appear to be missing from draft legislation to legalise and regulate the industry.
IAN FERGUSON: How to incentivise staff to take COVID vaccine
With the pandemic still ravaging communities and countries, millions across the globe are still hesitant to take the vaccine. Some employers have taken a hard stance by compelling employees to take it. Most business consultants agree that incentivising employees to become inoculated may be more effective than issuing mandates. Here are six ways to encourage your employees to take the vaccine.
Nygard abandonment costs attorneys $14m
Three Bahamian attorneys have acted to prevent Peter Nygard fleeing The Bahamas without paying a collective $14m legal bill for representing him in multiple court cases.
Cruise switch ‘lifts the cloud’ from Briland
Harbour Island resort owners yesterday hailed Crystal Cruises’ decision to drop plans for a weekly call as “lifting the cloud that could have radically changed the destination’s appeal”.
Cruise port ‘won’t cannibalise’ marinas’ boating business
The Nassau Cruise Port’s top executive has sought to reassure New Providence marina operators that it will not “cannibalise” their business through its plan to offer mega yacht docking facilities.
Major resorts ‘back to 60%’ by Christmas
A Cabinet minister yesterday voiced optimism that major resorts will “get back to 60 percent of where they were in 2019” by Christmas, with May’s visitor arrivals forecast to rise to the mid-70,000 range.
