Fidelity ‘well on way’ to beat $15m profit target
A BISX-listed bank’s top executive says it is “well on its way” to exceeding its $15m full-year profit target for 2021 if first quarter “trends hold” over the remaining seven-and-a-half months.
BTC revenues off 9% despite mobile revival
The Bahamas Telecommunications Company (BTC) suffered a near-nine percent year-over-year revenue decline for the 2021 first quarter despite driving a 2,400 post-paid mobile subscriber rise.
‘Disconcerted’ by Water Corporation supply takeover
A South Eleuthera business owner yesterday described the Water & Sewerage Corporation’s planned takeover of the area’s water production as “disconcerting” and not representing “a step forward”.
Verifiable vaccination cards key to COVID testing ease
Vaccination cards will have to be in an easily verifiable format before fully inoculated Bahamians can travel without a negative COVID-19 PCT test, a Cabinet minister said yesterday.
Private sector backs govt on digital drive
The Chamber of Commerce’s chairman yesterday voiced optimism that making 40 public services available online by year-end will improve The Bahamas’ ease of doing business ranking.
‘All hands on deck’ as visa site overwhelmed
A Cabinet minister yesterday revealed it is “all hands on deck” to prevent “a surge” in visitor demand from “overwhelming” the Bahamas’ health travel visa website and deterring potential tourists.
Govt targets 40 online services by year’s end
The government is aiming to make 40 public services available online by year-end through adding an additional one to its portal every six-eight weeks, a Cabinet minister revealed yesterday.
Unions turn up the political heat
Trade unions yesterday unveiled an ambitious “wish list” of pro-labour reforms that are designed to address what one leader described as a “rudderless” industrial relations environment.
‘Gut feeling’: Banker wins over FirstCaribbean again
A senior banker, who “relied on a gut feeling” to determine which clients could repay their loans, has seen the original $155,000 damages he won from CIBC FirstCaribbean cut by more than 41 percent.
‘More efficient’ E-Cabinet set to launch today
The Minnis government will today use its “e-Cabinet” system for the first time in a bid to make the top decision-making body “more efficient and effective” a Cabinet minister revealed yesterday.
Private sector, unions agree on pension law
Trade union and private sector executives yesterday agreed on the need for mandatory pension legislation, but remained split on the timing given the economy’s need to recover from COVID-19.
Poultry farm at 25% of pre-Dorian supply
An Abaco poultry farm says it is presently operating at just 25 percent of its pre-Hurricane Dorian capacity as it slowly recovers from the category five storm’s devastation.
Poultry farm at 25% of pre-Dorian supply
An Abaco poultry farm says it is presently operating at just 25 percent of its pre-Hurricane Dorian capacity as it slowly recovers from the category five storm’s devastation.
New Exuma airport ‘been needed for over 20 years’
Exuma-based tourism operators yesterday voiced optimism that the long overdue $65m redevelopment of the island’s airport will finally bring its key international gateway into the 21st century.
Sarkis: CCA explanation ‘doesn’t pass smell test’
Sarkis Izmirlian is blasting the explanation given by Baha Mar’s contractor for how it obtained his legal papers, later used to cut a nine-figure damages claim to just $30m, for “failing to pass the smell test”.
