PM hails ‘defining moment’ for handling public finances
The prime minister yesterday hailed “a defining moment” in the government’s management of the public finances after a comprehensive regulatory reform package was debated in Parliament.
Chamber director backs BPL tariff regulation plan
A Chamber of Commerce director yesterday applauded efforts to bring regulation of Bahamas Power & Light’s (BPL) energy tariffs under independent oversight for the first time.
Digital payments provider eyes ‘tremendous growth’
A Bahamian digital payments provider yesterday said it is expecting “tremendous growth” as the volume of electronic transactions continues to increase amid the COVID-19 pandemic.
BTC chief ‘proud of strides’ on women’s empowerment
The Bahamas Telecommunications Company’s (BTC) chief executive says he is “proud of the strides” it has made in empowering women who now make-up nearly two-thirds of its management.
Family in decade-long property tax nightmare
A Long Island property owner and his family yesterday voiced optimism that their decade-long battle to settle disputed real property taxes may finally be drawing to a close.
Harbour Island resorts oppose cruising plans
Harbour Island resort operators yesterday warned the government it will hurt “the goose that laid the golden egg” if they try to make the island a cruise tourism destination.
‘We’ll seize Sarkis’ damages if he wins’
Baha Mar’s receivers have threatened to claim any damages awarded to Sarkis Izmirlian if he wins his battle with China Construction America (CCA) so they can repay $1bn to the project’s lender.
The $1.9tn American bazooka
ActivTrades
LAST Thursday, in the Oval Office of the White house, Joe Biden signed into law a $1.9tn stimulus package for the American economy. The final approval occurred a day earlier than had previously been announced, signalling the President’s desire to enact, without further delay, one of the top legislative objectives of his tenure.
Miller ruling reversal: No BOB, govt ‘conspiracy’
A Supreme Court judge has reversed her initial draft verdict by ruling there was “no unlawful conspiracy to deliberately injure” an ex-Cabinet minister in the breaching of five multi-million lease deals.
Minister hails cruise tourism ‘tipping point’
A Cabinet minister yesterday hailed “a tipping point” for tourism and the wider economy as the first cruise line to ever home port in The Bahamas unveiled its multi-island schedule for summer 2021.
Dorian home repairs need $5.8m injection
The Disaster Reconstruction Authority (DRA) needs at least a further $5.355m injection of taxpayer monies to complete Hurricane Dorian-related repairs for 3,735 homeowners.
Accountant opposed by own creditors committee
An accountant is facing opposition from his own liquidation committee as he bids to obtain over $1m in compensation for efforts to wind-up a collapsed Bahamian broker/dealer.
Funeral worker loses ‘300lb corpse’ claim
A funeral home worker has lost her bid to obtain damages from her former employer over an injury suffered when she had to “catch” a 300-pound corpse.
IAN FERGUSON: Bridging generational workforce gaps
OUR world seems to have regressed when it comes to respect and acceptance of those who are different.
Cruise home porting hailed as a ‘win-win’
TOURISM industry leaders yesterday hailed the cruise industry’s interest in using Nassau as a home port as a “win-win scenario” for the economy, adding: “The puzzle is coming together.”
