Engineers eye ‘level playing’ field via WTO
The Bahamas Society of Engineers (BSE) president has voiced optimism that joining WTO will create a “level playing field” that protects local professionals and grows their “share of the pie”.
Carnival sees 40-60% foreign reveller growth
BAHAMAS Carnival band owners yesterday estimated there was a 40-60 per cent increase in foreign revellers at this year’s Road March parade, and said the event has become “one of the premier festivals in the region”.
Morton Salt staff: ‘We won’t throw towel in’
THE union representing Morton Salt line staff yesterday said workers were “weary but not ready to throw in the towel” over controversial industrial agreement negotiations.
Any crime ‘one too many’ for tourism
THE Bahamas Hotel & Tourism Association (BHTA) yesterday said any criminal act impacting the industry and its guests is “one too many” following the weekend’s John Bull robbery.
Central Bank workers given BISX exposure
A senior Bahamas International Securities Exchange (BISX) executive gave Central Bank employees an insight into its role and functions at their investment information session.
URCA reignites Freeport energy regulation battle
Freeport’s energy regulation battle is coming to the boil after Grand Bahama Power Company was told the Electricity Act “implicitly repealed” key parts of the Hawksbill Creek Agreement.
Fee rises targeted again to make up $40m PHA deficit
A Cabinet minister yesterday confirmed that the Princess Margaret Hospital (PMH) is still targeting fee increases to make up a $40m funding shortfall in time for the upcoming fiscal year.
Insurer shakes-off ‘three-year hangover’ on 22% claims fall
A Bahamian insurer has begun to shake-off its “three-year hangover” from Hurricane Matthew after 2018 claims came in 22 percent below its own projections.
IXP plan signals Bahamas ‘serious technology player’
The Bahamas will send the signal that it is “a really serious technology player” if it develops its own Internet Exchange Point (IXP), the head of its technology hub committee believes.
Bahamas failing to ‘leverage internet into innovation’
The Bahamas is “failing to leverage the internet’s full potential to drive entrepreneurship and business innovation”, industry regulators are asserting.
‘Dramatic brain drain’ hampers health policy
The “dramatic brain drain” in nursing has meant Bahamian healthcare’s human resources have not kept pace with public policy creation, a Cabinet minister is arguing.
GB insight sought on Productivity Council
The Grand Bahama private sector’s input on the creation of a National Productivity Council will be sought at a May 16 luncheon meeting.
PMH earns just $200,000 from 60k emergency visits
THE Princess Margaret Hospital (PMH) collects less than $200,000 a year from the 60,000 emergency room patients it treats, a Cabinet minister revealing: “We pay more in salaries for staff to collect that money”.
Small hotels ‘fusing’ with vacation rentals
Small Bahamian hotels will likely have to “fuse” vacation rental homes into their business model, a Bahamian realtor is arguing, with the latter sector poised to become the market leader.
$25m initiative to reverse 85% small firm credit rejection
A $25m Inter-American Development Bank (IDB) loan is aiming to reverse an 85 percent rejection rate on small business financing applications, it was revealed yesterday.
