Bran: Budget is ‘same old, same old’
THE DNA’s ex-leader yesterday told the government it must “walk and chew gum at the same time” by reducing the deficit and stimulating economic growth, slamming the 2019-2020 budget as the “same old, same old”.
BREA chief to head Florida conference
The Bahamas Real Estate Association’s (BREA) president will be the keynote speaker when business leaders from various countries gather in Fort Myers tomorrow for International Day.
Bahamian realtor team joins global networking
Eighteen members of Damianos Sotheby’s International Realty flew nearly 3,000 miles to participate in the chain’s 2019 Global Networking Event in Vancouver from May 13-15.
Taxi chief: Nassau port ‘cannot be left behind’
Taxi drivers were yesterday said to be “excited” about potential spin-off opportunities from the $250m Nassau cruise port overhaul, their union chief saying: “We don’t want to be left behind”.
BTC in ‘strict compliance’ with industrial agreements
THE BAHAMAS Telecommunications Company (BTC) yesterday said it follows “strict compliance with all laws and regulations” governing its industrial agreements amid union concerns of further job losses.
Nassau provider attends regional disaster summit
A Nassau-based cloud services provider has taken part in a World Bank-organised regional conference on disaster resilience and combating climate change.
No $480m property tax arrears write-off
The government has no plans to write-off its $480m in real property tax arrears and will “pursue” all delinquents “with vigour”, its top finance official warned yesterday.
‘Enormous confusion’ over hotel gratuities
“Enormous confusion” exists even among hotel union members over whether industry employers want to eliminate or alter the automatic 15 percent gratuity, Tribune Business was told yesterday.
Sebas funds: No liability over ‘conflicts of interest’
Investors buying into the mutual funds launched yesterday by Sebas Bastian’s investment house will not be able to take legal action relating to any “conflicts of interest” it may have.
Brewery suffers loss on $2.7m cost one-offs
Commonwealth Brewery has blamed a six-figure loss for the 2019 first quarter on $2.7m in one-off expenses linked to restructuring, staff lay-offs and Kalik Light’s re-branding.
GB tech hub won’t appear ‘overnight’
THE government’s plans to transform Grand Bahama into a technology hub will not materialise “overnight”, a Cabinet minister admitting yesterday: “There is a whole lot more to be done”.
Service quality win for Freeport firm
A Freeport-based small business has been recognised by the world’s largest travel platform for the quality of its customer service.
Forum discusses amendments to insolvency regime
The Restructuring and Insolvency Specialists Association (RISA Bahamas) has held its first roundtable discussion on proposed reforms to The Bahamas’ insolvency framework.
DHL Express opens new Nassau facility
DHL Express, the global delivery company, has opened a new 9,578 square foot facility in Nassau to integrate its Bahamian operations into one location.
Bahamas hosting anti-financial crime training
The Financial Action Task Force’s (FATF) week-long flagship training course on combating financial crime began for Bahamian and regional regulators this morning.
