MP on Out Island airport fees: ‘Where’s the sky?’
Fears have been voiced that Bahamian residents could be placed “under an economic lockdown” through the imposition of new and increased fees to pay for Family Island airport redevelopments.
‘Go above and beyond’ as hotel room revenue up 8%
Family Island hotels must “go above and beyond” on customer experience as the 8.2 percent surge in room revenues shows they are charging visitors more for their accommodation.
Ex-BPL union chief fails to restore 74-month payout
A former Bahamas Power & Light (BPL) managerial union chief has failed to persuade the highest court in the country’s judicial system to restore his $621,000 “handsome windfall” in termination compensation.
Cruise port to create 350 jobs via $35m water park
Nassau Cruise Port is aiming to create a further 350 full-time jobs through a new $35m water park attraction that is targeted for completion within the next 18 months.
IAN FERGUSON: Taking core values into the workplace
As a sovereign country for more than five decades, there is a certain degree of maturity that is expected in political, social and economic life in The Bahamas. Our upcoming Independence celebrations should remind us of the great accomplishments of our past, allowing us to take an introspective look at where we are currently and, more importantly, focus some attention on the direction we must begin to take in the future.
‘Wheels turning’ over Family Island airports
The Government’s aviation chief yesterday said the “wheels are turning” on Family Island airport transformation with an assessment conducted on all 28 locations.
Family Island airport fees the ‘price of development’
The Government’s aviation chief yesterday said new and increased passenger and user fees at Family Island airports such as Bimini are “the price of development”.
Marinas slash rates 30% as boating visitors drop
Bahamian marinas were yesterday said to have slashed fee rates by up to 30 percent to maintain boat occupancy levels amid fears of a further squeeze from rising electricity costs.
Gov’t avoids bond markets for third consecutive year
The Government is aiming to avoid the international bond markets for a third successive fiscal year as it bids to raise $360m in foreign currency bank loans to meet its $1.803bn gross financing needs.
Stopover tourist spend rises 25%
Stopover visitor spending throughout The Bahamas has increased by more than $500 or 25.4 percent per person compared to pre-COVID levels, tourism’s top official asserted yesterday.
UK legal heavyweights to decide $357m GBPA fight
Two UK legal heavyweights have been appointed to determine Freeport’s fate in the Government’s $357m dispute with the Grand Bahama Port Authority (GBPA).
Construction ‘strong and healthy’ despite $128m fall in 2023 starts
Construction remains “strong and healthy” despite 2023’s $128m decline in the value of new building starts, a prominent contractor argued yesterday, with cement block demand “outpacing” production.
90 percent demolition done at Royal Beach Club project
Phil Simon, president of the Royal Beach Club, said the project has completed 90 percent of the structure demolition with the process targeted for completion by September.
Bahamasair opens up new route to Jamaica
Dr Kenneth Romer, Director of Aviation announced yesterday Bahamasair will be launching a new route to Montego Bay, Jamaica, on July 25.
Revised air space fees targeted for third quarter
The Bahamas is aiming to implement revised overflight fees in the 2024 third quarter to address the US government’s concerns over the cost, the deputy prime minister revealed yesterday.
