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Customs inefficiency costing Gov't $66m
The Government is losing $66 million in revenues annually due to inefficiencies at Bahamas Customs alone, the situation also placing tourism industry profitability and foreign direct investment (FDI) inflows “at risk”.
Miller: Ex-Robin Hood store 'must open' before Christmas
MARIO’S Bowling and Entertainment Palace chief, Leslie Miller, said that despite earlier setbacks he expects to have the former Robin Hood store open by Christmas, telling Tribune Business: “We have to catch Christmas season.”
SuperValue chief: Xmas rush ‘worse than for Matthew’
SuperValue’s owner yesterday described Christmas sales as “‘satisfactory”, telling this newspaper that the consumer rush was “worse than Hurricane Matthew”.
Sandals ‘surprise’ at full New Year period
Sandals Royal Bahamian’s general manager yesterday said full occupancy from late December into the New Year had come as a welcome surprise, with the resort projecting high occupancies from the end of January onwards.
Private sector switch eyed for office-less public hires
A Cabinet minister yesterday said the the Government is looking to place the 83 workers hired pre-election, but for whom it has been unable to find posts, with the private sector.
Govt must ‘increase lot prices’ for project to work
A Bahamian real estate developer yesterday argued that the Government will have to “increase the price of the lots” in its planned 83-acre subdivision to make the project work.
Sarkis fears Baha Mar ‘undervalued’ in sale
Representatives for Sarkis Izmirlian yesterday expressed concern that Baha Mar’s receivers were under such pressure that they might “undervalue” the project in any sale, and “abandon” potential assets.
Baha Mar hotel's rates are 'not good enough'
The Nassau Wyndham Resort’s “mid-$90s” room rates are “not good enough” and between 23-30 per cent below where they need to be, a Baha Mar executive yesterday conceding that the guest experience was being impacted by construction work on the $2.6 billion Cable Beach expansion.
Bahamas First: Top rating more vital ‘than ever’
Bahamas First said yesterday’s affirmation of its “excellent” financial strength by the top insurance rating agency was likely the most important ranking in its recent history, due to its $80 million Hurricane Matthew payout.
Union leader predicts Morton Salt re-hiring
A UNION leader yesterday predicted said Morton Salt might have to rehire some of the 24 workers it terminated last month on the basis that the salt harvester is now too “short staffed”.
Pinder surpasses 200 three pointers made
TYLER Pinder continues to deliver standout performances during his senior season and notched another career milestone.
Neglecting our veterans
Seemingly until this year Remembrance Day was a must attend event on the calendar of our elected people and obviously the Veterans – not in 2015.
Fast ferry service from Florida starts today
A 1,000-seat fast ferry service between Grand Bahama and Fort Lauderdale starts today, with the arrival of Balearia Bahamas Express’ newly commissioned vessel Bahama Mama.
Texas A&M Aggies lead Island Relays Bahamas
GRAND Bahama: After the first day of competition, Texas A&M Aggies have surged in front in the two-day Island Relays Bahamas at the Grand Bahama Sports Complex.
Antique Auto Club announces its new officers for 2012/2013
THE Antique Auto Club of the Bahamas has announced the election of new officers and directors for 2012/13. The new president is Brendan Foulkes and the new vice-president is Dwain Wallace. Murray Forde and Wayne Aranha were returned to the positions of se
Antique Auto Club announces its new officers for 2012/2013
THE Antique Auto Club of the Bahamas has announced the election of new officers and directors for 2012/13. The new president is Brendan Foulkes and the new vice-president is Dwain Wallace. Murray Forde and Wayne Aranha were returned to the positions of se
Virgin Galactic plans first New Mexico space launch this month
LOS ANGELES (AP) — Virgin Galactic said last week that it expects to launch its first manned test flight into space from New Mexico this month.
Our Lucaya
No one understands the economics and social implications of the indecision concerning this resort. However Ministers are talking double-talk.
Board chair should resign
I would title this “Being in the real world where you are required to uphold trust’ - the article headlined yesterday “Chamber endorses CEO over ten-year securities barring’ is incredible and exceptionally worrying.
A chance to give thanks
A PRE-THANKSGIVING day event was held by Nassau Village MP Jamahl Strachan for members of the Bahamas Alliance for the Blind and Visually Impaired (BABVI).
