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Food process hub targets $1.8m crowd fund raising
An all-woman partnership is seeking to raise $1.8m via the ArawakX crowd funding platform and become “the regional hub” for food processing and export distribution.
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‘Quite a bit of Atlantis workers’ remain furloughed
BAHAMAS Hotel Catering and Allied Workers Union president Darrin Woods says “quite a bit” of Atlantis workers remain furloughed, adding they continue to hang in the balance for word on what the hotel intends to do with the end to the COVID-19 Emergency Powers Orders.
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Tax, compliance woes put realtor into ‘back seat’
An Abaco-based realtor says he is “taking semi-retirement” from the industry due to the combination of tax hikes and an increased regulatory compliance burden.
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‘Witch hunt’ talk a bid to prevent investigations
THE assertions from some critics that police probes into alleged corruption on the part of public officials are “witch hunts” are nothing more than baseless attempts to quell intensive investigations, according to former Royal Bahamas Police Force Assistant Commissioner Paul Thompson.
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Banks restructure $606m in loans over 12 months
Commercial banks have restructured $606 million worth of troubled loans within the last 12 months, a leading accountant said yesterday, warning that the sector could not be expected to stimulate the Bahamian economy through “aggressive lending” as long as credit kept falling into arrears.
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Maritime graduates join growing sector
The Grand Bahama Port Authority’s (GBPA) chairman has told 39 graduates from the Maritime Cadet Corps programme that they are entering one of the world’s growing industries.
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Chance to shine, celebrating 40 years of talent
SONG and dance took centre stage as talented Bahamaians strutted their stuff for the ‘40 years of Talent’ competition.
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$60m farm project aiming to ‘make agriculture sexy’
Bahamian investors will get details on how they can invest in a $60m hydroponic farming project by early March, its principals saying yesterday: “We want to make agriculture sexy again.”
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Melia demolition finish ‘before winter season’
Baha Mar’s owner is seeking to completely demolish the former Melia Nassau Beach Resort before the 2023 winter tourism season starts, it was revealed yesterday, although it has not determined what will replace the hotel.
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Union chief says: ‘Don’t encourage mediocrity’
A trade union leader says the labour movement “must not encourage mediocrity” in the workplace as he urged patience when over trying to achieve all goals in industrial negotiations.
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Abuse not an excuse to alter Dorian tax breaks
Abaco’s Chamber of Commerce president yesterday urged the Government not to use abuse of Hurricane Dorian-related tax breaks as an excuse to narrow or prematurely end his island’s “special economic zone” status.
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Bahamians urged: Show ‘more ‘outrage’ over financial crimes
BAHAMIANS were yesterday urged to show “more outrage” over financial crime and poor business practices, a prominent cleric arguing that these had become “entrenched in our culture”.
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‘I survived COVID - but I’m still fighting to recover’
TWO months after testing positive for COVID-19, Henry Dean says he still struggles with breathing normally even after having won his four-week long battle with the deadly virus.
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Border tightens on virus nations: Italy, South Korea, Iran added to restricted list
THE government has implemented new border control and quarantine measures for people travelling to the country from Italy, South Korea and Iran – where there is a prevalence of novel coronavirus cases, the Ministry of Foreign Affairs announced yesterday.
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‘No PLP policemen, no FNM policemen’
FREE National Movement chairman Carl Culmer has branded Official Opposition Leader Philip “Brave” Davis’ claims the government is “purging” the police force of Progressive Liberal Party supporters as reckless.
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End-of-week payout deal target for 227 Lucayan workers
The Grand Lucayan’s chairman yesterday said he is “aiming” to finalise voluntary separation packages for 227 staff by week’s end, after “substantially” narrowing differences with the unions.
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Unions warn members to ‘get ready for battle’ over nolle prosequi issue
WITH the full support of all of their respective affiliates, the country’s two umbrella unions yesterday warned their members to “get ready for battle” over Attorney General Allyson Maynard-Gibson’s decision to stop criminal proceedings brought by union officials against Sandals Royal Bahamian and two of its senior executives.
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VAT like 'changing the Devil for one of his disciples'
By NEIL HARTNELL
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Petroleum retailers fear ‘another nail in the coffin’
Bahamian petroleum retailers yesterday voiced fears that full Business Licence audits will be “just another nail in the coffin” as they push to meet with the Prime Minister over demands for a margin increase.
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'Matter of time' before Atlantis unpaid leave is sector norm
The hotel union’s president yesterday said it was “only a matter of time” before other resorts follow Atlantis’s lead in asking staff to “volunteer” to take two weeks unpaid leave amid the COVID-19 crisis. Darrin Woods told Tribune Business that the