Bloated public sector like ‘50k pound canoe anchor’
The Government was yesterday urged to eliminate “excess weight” in the public sector that is dragging The Bahamas down “like a 50,000 pound anchor for a canoe”.
Hotel ‘work-to-rule’ goes into weekend
Unionised hotel employees will continue their “work-to-rule” through the weekend after little progress was made in resolving differences with Atlantis at yesterday’s Labour Department meeting.
Govt concern: Best paying jobs going to non-Bahamians
A Cabinet Minister yesterday said the Government is concerned that “most” high-paying financial services jobs are held by non-Bahamians due to labour shortages locally.
IAN FERGUSON: Show intelligence in managing emotions
Emotional intelligence is the capacity to understand and manage your emotions. The skills involved in emotional intelligence are self-awareness, self-regulation, motivation, empathy and social skills.
Govts procurement overhaul presses on
The Government’s planned electronic procurement and supplier registry will create “fairness, equity and equal access” in bidding on public contracts, the deputy prime minister said yesterday.
The future is now as technology summit comes to GB
This month, The Bahamas successfully hosted its second annual technology summit in Grand Bahama. The theme for this year’s summit was “The Future is Now”, and attracted over 600 participants including investors, IT Professionals, developers, innovators and stakeholders from within the region and abroad.
Stopovers rise ‘a phenomenal’ 18% in Abaco
Stopover visitors to Abaco increased by “a phenomenal” 18 percent for the first eight months of 2018, with the island’s airport now the country’s second busiest due to Freeport’s decline.
Top civil servant in ‘weak’ officials blast
The Government’s top official has branded key civil servants as “extraordinarily weak”, with The Bahamas’ “40 percent overstaffed” public sector ranking among the Caribbean’s worst performers.
Investors facing preferences loss within three years
The Bahamas’ bid to secure a longer investment transition period than three years was blocked by the European Union (EU), which had demanded these incentives be ended in six months.
$92m BPL debt: More than 50% over month old
More than 50 percent of the $92m owed by customers to Bahamas Power & Light (BPL) at-end October 2018 represented arrears owed from previous monthly billing periods.
NAD cuts losses 70% before $130m refinance
Nassau’s airport operator has slashed annual losses by almost 70 percent ahead of its upcoming $130m debt refinancing that is due to be placed before Christmas.
Opposition decries BPL VAT threshold increase
THE Opposition’s finance spokesman yesterday argued that raising the value-added tax (VAT) exemption ceiling for electricity bills from $200 to $300 will do little to help struggling Bahamas Power & Light (BPL) consumers.
Bahamas in ‘battle’ to save financial services
THE BAHAMAS is in a “battle” to save its financial services industry, the Deputy Prime Minister said yesterday, expressing optimism that legislation tabled yesterday will avert any further “blacklistings”.
The future is now as technology summit comes to GB
This month, The Bahamas successfully hosted its second annual technology summit in Grand Bahama. The theme for this year’s summit was “The Future is Now”, and attracted over 600 participants including investors, IT Professionals, developers, innovators and stakeholders from within the region and abroad.
Stopovers rise ‘a phenomenal’ 18% in Abaco
Stopover visitors to Abaco increased by “a phenomenal” 18 percent for the first eight months of 2018, with the island’s airport now the country’s second busiest due to Freeport’s decline.
