Minister says no mass utilities disconnection
The deputy prime minister yesterday said no mass disconnections of delinquent Bahamas Power & Light (BPL) and Water & Sewerage Corporation customers are being planned in the near future.
Judge: Oil opponents make 'arguable case'
A Supreme Court judge yesterday gave the go-ahead for a legal challenge aiming to halt oil drilling in Bahamian waters after finding activists had made out an "arguable case".
Union: Atlantis 'threw deal out the window'
The Government was yesterday urged to extend the COVID-19 temporary worker furlough beyond end-February as the hotel union accused Atlantis of "throwing our industrial agreement out the window".
PM pushes overhaul over land ownership
The Prime Minister wants to create a land registration system in The Bahamas in a bid to eliminate the abuses and "injustice" suffered by thousands of Bahamians under the present opaque order.
Disclosure 'deluge': Over 17,500 meet substance demand
Corporate Bahamas faces a "deluge" of disclosure demands, an accountant is warning, with thousands of companies yet to meet "substance reporting" demands imposed by the Government.
Stimulus setback: Capital works 'on hold' over $200m cutbacks
Capital projects designed to stimulate the COVID-ravaged Bahamian economy have been placed "on hold" due to the Government's $200m spending cutbacks, the deputy prime minister said yesterday.
Five-month loan wait dampening realtor's outlook
A Bahamian realtor yesterday voiced concern that renewed market "optimism" could founder over tightened bank lending policies that are taking up to five months to issue mortgage approvals.
New Year's occupancies at 90-100% in Out Islands
Boating traffic drove New Year's occupancies at Family Island resorts as high as 90-100 percent, hotel managers said yesterday, but New Providence properties did not fare as well.
Retailers describe Xmas as 'terrible'
Several retailers yesterday described Christmas sales as “terrible” following a COVID-19 plagued nine months when they earned little to no revenue to cover their fixed costs.
Chamber chair: 'Challenges' remain on substance reports
The Chamber of Commerce's chairman yesterday welcomed the one-month "substance reporting" deadline extension provided to corporate Bahamas but argued that technical challenges remain.
Central Bank governor granted second term
The Government has renewed John Rolle's appointment as Central Bank of The Bahamas governor for a second five-year term that began on New Year's Day.
Central Bank governor granted second term
The Government has renewed John Rolle's appointment as Central Bank of The Bahamas governor for a second five-year term that began on New Year's Day.
Gov't pays 'millions' to solve land scam
The Government has paid "several million dollars" to a private developer to "bring order out of chaos" and secure the homes of several hundred families who were swindled in a massive land scam.
Atlantis returns some staff to furlough status
Atlantis last night confirmed it has had to place multiple workers back on temporary furlough with effect from today due to "unfavourable occupancy forecasts" for January 2021.
Gov'ts reversal over 'substance' file compliance
The Government made an abrupt about-turn within 48 hours in extending the deadline for corporate Bahamas to comply with "substance reporting" demands by one month to end-January 2021.
