Freeport 'strangled' by night flying woe
Freeport stakeholders yesterday warned that the city’s economy will be “strangled” without the resumption of night flights after Sunwing’s Saturday afternoon departure was halted until the next morning. Magnus Alnebeck, the Pelican Bay resort’s gene
Consumers face 15% extra BPL bill charge
Bahamas Power and Light’s (BPL) chairman yesterday revealed that the extra charge consumers must pay come March 2020 will likely be equivalent to 15 percent of their electricity bills.Dr Donovan Moxey finally clarified that the National Utility Inves
Merchants in Xmas clearance scramble
Bahamian merchants were yesterday scrambling to clear last-minute Christmas shipments due to combination of bad weather and compliance issues with Customs’ new system. Tribune Business was told that some companies had run into the perfect storm as d
Labour chief's permit plan 'very costly and onerous'
A former Immigration minister yesterday said the director of labour’s plan to link work permit approvals to the hiring of Bahamian understudies is “good in theory, but very onerous in practice”.Branville McCartney, who held the post during the last I
PI resorts eye 90% Xmas occupancies
Major Paradise Island resorts are eyeing 90 percent occupancy levels for the Christmas and New Year holiday, an industry executive said yesterday, with the sector closely watching March softness. Carlton Russell, pictured , the Bahamas Hotel and Tou
Christie administration signed-off on $17.415m Post Office deal a day before election
The Christie administration signed-off on its $17.415m Post Office deal just one day before the May 2017 general election after the developer repeatedly warned it against "leaving me out in the cold".
Confidence in BPL ‘will not be rebuilt overnight’
Consumer confidence in Bahamas Power & Light (BPL) will not be rebuilt overnight, the private sector warned yesterday, even though its “no more load shedding” pledge could be the best Christmas gift.
Customs delays hit auto dealers
Bahamian auto dealers have incurred extra charges and delays in delivering vehicle imports to customers due to difficulties in adapting to Customs’ new electronic clearance system. Fred Albury, the Bahamas Motor Dealers Association’s (BMDA) presiden
Approval controversy over Briland project
Harbour Island’s chief councillor last night confirmed no written site plan approval has been granted to a controversial marina project despite the council voting unanimously in its favour. Terrance Davis told Tribune Business that the Harbour Islan
Retailers give mixed Xmas sales outlook
BAHAMIAN retailers are reporting a mixed Christmas sales outlook as the holiday shopping rush moves towards its climax within the next 48 hours. Jack Moree, general manager of the Sandy’s department store chain, said things are “not very good. All a
No 'talking bad' on GB Power's work
The Grand Bahama Chamber of Commerce’s president said he will “not talk bad” about the island’s energy supplier despite its recent admonition from the deputy prime minister. Gregory LaRoda, responding after K Peter Turnquest urged the Grand Bahama P
Insurers 'sorry' for 15% hike . . . but it's worth it
Major Bahamian insurers yesterday warned property owners they face “a minimum” 15 percent premium rate rise in 2020 with Dorian-related claims set to hit peak estimates of $2bn. Patrick Ward, Bahamas First’s president and chief executive, told Tribu
BISX-listed group urged delay over customs system
A BISX-listed food retail group has revealed it pleaded with Customs to introduce its new electronic platform in January “to make the transition a little easier”, but its arguments were not listened to.Gavin Watchorn, AML Foods’ president and chief e
Sky swoops in to block asset sale
A troubled Bahamian airline prevented from flying for over five months has obtained a Supreme Court injunction to block a former partner selling its assets. Sky Bahamas, through an ex-parte application where only its attorneys were present, persuade
US airlines want more before returning to GB
Major US airlines want “greater infrastructure upgrades” to Grand Bahama International Airport than their own industry regulators before they will resume flying, a Cabinet minister revealed yesterday. Dionisio D’Aguilar, minister of tourism and avia
