Realtors seek legal advice as top firms face DIR fines
The Bahamas Real Estate Association (BREA) was yesterday awaiting legal advice with several top realtors facing fines of $25,000 for not replying to a Department of Inland Revenue (DIR) "fishing" expedition.
Bahamas ‘not doing best job’ on cruise conversion
A senior tourism executive yesterday conceded that “we don’t do the best job” of showcasing all The Bahamas has to offer to the five million-plus cruise passengers that visit Nassau annually.
Privy Council bound on Industrial Tribunal ‘bias’
A Freeport business yesterday vowed “to go to the Privy Council” over “procedural irregularities” by the Industrial Tribunal that have allegedly undermined its constitutional protections and rights.
Sarkis ally brands CCA appeal ‘odd’
A key Sarkis Izmirlian ally yesterday argued it was “odd” that Baha Mar’s contractor has chosen to appeal the New York court’s verdict as failure could leave it facing a near-$2bn damages payout.
Eleuthera still suffering power and water outages
Utility woes have improved but they haven’t improved enough as some Eleutherans are still experiencing constant power outages and water interruptions which are negatively impacting their businesses.
Urban Renewal loan power ‘threatens further hardship’
The Opposition’s finance spokesman yesterday argued that giving the new Urban Renewal Authority the power to issue home repair loans threatens to “set up out most vulnerable citizens for further hardship”.
Opposition urges pooled home cover for disasters
The Opposition’s financial spokesman yesterday called for a pooled home repair insurance initiative to be assist homeowners who lack private coverage to repair their damaged properties after hurricanes.
Number of discouraged workers still ‘too high’
Minister of Labour and the Public Service Pia Glover-Rolle said the number of discouraged workers in the labour market “remains too high”.
Commission chair defuses pharmacists controversy
The Consumer Protection Commission’s chairman yesterday moved to defuse the growing controversy with pharmacists by clarifying that his comments on expired medicines did not refer to them.
DEIDRE BASTIAN: Take care of business by rewarding workers
Did you know that recognition helps to increase productivity in your workforce? Your employees become happier at work, and thus have less time for complaining; their loyalty grows stronger; and worker retention increases. Quite simply, the ripple effect of showing gratitude amplifies corporate success
‘Easy target’ fears over Bahamas cyber security
Technology specialists yesterday voiced fears that hackers may start viewing The Bahamas as “an easy target” unless the Government, private sector and others start treating cyber security “more seriously”.
Cyber security chief: Crooks getting better
The Bahamas’ cyber security chief yesterday called for shared resilience and information sharing to better combat threats in an increasingly digital world.
Minister: ‘Much work’ despite Moody’s stable credit rating
A Cabinet minister has affirmed “much work” remains to rebuild sufficient “headroom” for the Government’s finances despite Moody’s confirmation of The Bahamas’ creditworthiness and ‘stable’ outlook.
Pharmacists: Consumer chief ‘threw us under bus’
The Bahamas Pharmaceutical Association’s (BPA) head yesterday branded talk of a partnership with the Consumer Protection Commission as “laughable” as he accused its chairman of throwing the sector “under the bus”.
CCA: $1.6bn Baha Mar ruling ‘not the last word’
Sarkis Izmirlian and Baha Mar’s contractor traded further blows yesterday with the latter asserting the $1.6bn verdict against it “is by no means the last word” as it formally filed notice of its planned appeal.
