BTC pledges ‘new technology’ for long-suffering Eleutherans
The Bahamas Telecommunications Company (BTC) is planning to “soon trial new technology” on Eleuthera that will improve the island’s broadband Internet connectivity amid multiple outage complaints.
Minnis: Not enough health staff - use hospital money to fix issues
Former Prime Minister Dr Hubert Minnis said the Public Hospital Authority has insufficient staff and called for the Davis administration to use the funds sourced for the new specialty hospital to correct the existing issues.
Chamber has ‘strong objection’ to another minimum wage rise
The Bahamas Chamber of Commerce and Employers’ Confederation expressed its “strong objection” to talks of another minimum wage increase which Peter Goudie, a representative of the National Tripartite Council believes should be tied to the prevailing Bahamian inflation rate.
Confusion surrounding gas margin rise implementation
Confusion surrounded yesterday’s implementation of new petroleum retail margins as some dealers said they were unable to adjust pump prices without the go-ahead from their wholesale supplier.
$40m push to tackle jitney ‘shortcomings’
Jitney operators have completed “90 percent” of their plan for a unified New Providence bus system just as a $40m project to tackle drivers charging double the approved fare and other woes has emerged.
GB power rate review halt like ‘band aid on amputation’
The Grand Bahama Port Authority’s (GBPA) move to suspend its review of Grand Bahama Power Company’s base rate increase proposal was yesterday likened to “putting a band aid on an amputation”.
Tie minimum wage rise to inflation, specialist urges
The authority responsible for addressing all labour-related matters in The Bahamas has yet to discuss another potential minimum wage increase amid calls for all future rises to be linked to inflation.
‘Much to be done’ but Davis positive over S&P
Prime Minister Philip Davis acknowledged Standard & Poor’s (S&P) ‘B+’ long-term credit rating with a “stable” outlook while “recognising there is much work yet to be done”.
GB ‘better than in 25 years’ in real estate performance
The real estate sector in the Bahamas is “very solid” with Grand Bahama performing better than it has in 25 years.
‘Show leadership’ on bank fees
Opposition Leader Michael Pintard called on the Davis administration to provide “comprehensive” banking reforms to end “unjustifiable” bank charges.
‘Hopeful’ in Bahamas despite US strike risk
Some Bahamian companies are remaining optimistic despite the International Longshoremen’s Association’s promised strike today, and they hold high hopes that the Biden administration will not allow it to be prolonged.
Customer event gives BTC chance to hear their views
A DAY of customer appreciation and feedback was held yesterday by Bahamas Telecommunications Company (BTC) - the second year running for the luncheon that seeks to receive feedback from customers on how services can be improved.
'Many' taking up exemptions for first-time homeowners
Indira Wright, manager in the Real Property Tax Unit of the Department of Inland Revenue, said many individuals have come in to the department to take advantage of the Stamp Tax Amnesty and the VAT exemptions for first-time homeowners.
Bahamasair’s US flights under threat
Bahamasair’s managing director yesterday voiced optimism that the leading American airlines will fail in their bid to prevent it gaining regulatory permission to operate in the US.
‘Don’t get comfortable’ with S&P’s status quo
The Bahamas “must not get comfortable” with avoiding a further downgrade by maintaining its existing ‘junk’ grade creditworthiness with Standard & Poor’s (S&P), a prominent banker is arguing.
