Realtors eye 2019 growth despite sales goal misses
Bahamian realtors are optimistic that this year’s growth momentum will translate into an even better 2019 despite regulatory headwinds and missed sales targets for some.
Govt takes street to 20% energy use cut
Bahamas Power & Light (BPL) will start installing over 30,000 energy-efficient street lights during the 2019 first quarter in a bid to save the Government $3m per year.
NAD's $73m raise 'a big confidence boost'
The “fully subscribed” Nassau Airport Development Company (NAD) offering has raised the bar on what the Bahamian capital markets can generate, an investment banker believes.
Hotels shrug off Baha Mar effect in 35% rate rise
Nassau/Paradise Island hotels have seemingly shrugged off the arrival of Baha Mar’s extra 2,000 rooms as average daily rates (ADRs) rose by 35 percent for the year to October 2018.
'Push' for URCA to take over GB Power regulation
A public advocacy group is targeting 1,000 letters of support as it intensifies its campaign to end Grand Bahama Power Company’s (GBPC) long-standing energy monopoly.
‘Biggest game changer’ for realtors in 30 years
Realtors were yesterday said to be facing their “biggest potential game changer” for three decades as a result of the extra burden imposed by The Bahamas’ new anti-financial crime regime.
Tax, compliance woes put realtor into ‘back seat’
An Abaco-based realtor says he is “taking semi-retirement” from the industry due to the combination of tax hikes and an increased regulatory compliance burden.
Aliv fined $735k for roll-out miss
Regulators fined Aliv $735,000 for failing to hit one of the deadlines for the nationwide build-out of its mobile communications infrastructure, it has been revealed.
US eyes ‘open skies’ deal with Bahamas
The US is interested in sealing an “open skies” agreement with The Bahamas as many of the conditions for such a deal are already in place, a cabinet minister has revealed.
Bleachers mean Bay Street ‘looks like a prison’
The Downtown Nassau Partnership’s (DNP) managing director yesterday expressed “extreme disappointment” over the placing of Junkanoo bleachers on Bay Street so far ahead of the parade, arguing that it “looks like a prison rather than a city centre”.
IAN FERGUSON: What workers want from their managers
Christmas is typically viewed as a season of giving and sharing. People create wish lists and become hopeful that someone, somewhere will fulfill their desires. In the spirit of the season, we share a short “wish list” for employers. Here are ten things, based on the research findings of leadership coach, Rick Conlow, that every employee wants and expects:
National debt now over $8bn
The Bahamas’ national debt broke through the $8bn mark during the quarter to end-September 2018 despite a reduction in its growth rate due to narrowing government deficits.
Retailers urge better duty-free promotion
BAHAMIAN retailers are hoping to see a pick-up in Christmas holiday sales heading into the weekend, with one executive telling Tribune Business that “word isn’t getting out fast enough” on the clothing and shoe price cuts stemming from the Government’s duty waiver.
Retailers seek ‘positive’ cruise line partnership
BAHAMIAN retailers yesterday called for a more “positive partnership” with the cruise industry, with one executive saying it is a “shame” that passengers are being discouraged from spending locally.
Bahamas wins two extra tourism awards
The Bahamas has won two awards from the largest website covering Caribbean travel and tourism.
