BTC ‘bottoming out’ as mobile losses cut 2/3
The Bahamas Telecommunications Company (BTC) last night showed signs of “bottoming out” in its battle with Aliv after its mobile subscriber loss rate was cut by two-thirds in late 2018.
Bahamians told: Corruption war begins with you
Governance reformers yesterday warned Bahamians that their tolerance of low-level graft creates a breeding ground for multi-million dollar corruption which ultimately hurts them.
Hotels eliminate ‘cannibalisation’ fears in 2018
The Bahamian hotel industry’s strong 2018 performance has eliminated “genuine fears” that Baha Mar’s full opening would “cannibalise” the market, a Cabinet minister argued yesterday.
Ex-BEC chair: ‘Have a heart’ for Out Islands
A former Bahamas Electricity Corporation (BEC) chairman yesterday slammed plans for a mass disconnection of delinquent Family Island customers, and urged: “Have a heart”.
Dolphin injury cover-up costs Atlantis worker
Failing to record a bad “dolphin encounter”, and then trying to cover it up, cost an Atlantis middle manager his job - with the resort’s decision backed by two Bahamian courts.
Govt: $2.2m in solar kits imported tax free
The government yesterday sprang to the defence of its renewable energy taxation policies by revealing that $2.21m worth of solar systems had entered The Bahamas duty-free since July.
PM: Freeport ‘threat’ to Nassau unfounded
THE prime minister yesterday said fears that Freeport’s two mega cruise ports pose a threat to Nassau “make absolutely no economic sense” and are “devoid of facts”.
Data upgrades key to national development
A senior Ministry of Finance official yesterday said modernising the government’s use of data is critical to ensuring The Bahamas meets its national development goals.
No ‘sleeping on the dock’ for taxi drivers
THE Bahamas Taxi Cab Union’s (BTU) president yesterday said that changing the “system” at Prince George Wharf is the “first step” towards revamping the industry’s image.
Hotels: ‘We’ve never seen this in ten years’
The Nassau/Paradise Island hotel industry has “rebounded with gains not seen for ten years”, it was revealed yesterday, as room revenues closed 2018 up 34 percent year-over-year.
Tax uncertainty threat ‘to kill solar industry’
Solar energy providers yesterday urged the government to clarify “random and inconsistent” tax policies that are threatening “to kill an infant industry before it gets a foothold”.
B$ ‘co-operative’ can solve web shop woe
The Clearing Banks Association’s (CBA) chairman yesterday said the sector would have “no objection” to web shops setting up a Bahamian dollar “co-operative” to resolve their banking woes.
Nassau ‘first callers’ drop 40k in 2018
Cruise passenger arrivals to Nassau as a “first port of entry” fell by more than 40,000 persons in 2018, it was revealed yesterday, just as Cabinet was debating who should get the port deal.
Tech firm denies one-shot lay-offs
The company that gave life to the government’s Grand Bahama “technology hub” ambitions yesterday denied making any one-shot lay-offs while admitting business was “slower than expected”.
New Brewery posts to ‘hold job lossed at 43’
A CABINET minister yesterday voiced optimism that Commonwealth Brewery’s creation of 30 new posts would minimise recently-unveiled job losses to a “net” 43.
