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Gas station warning of New Year lay-offs
A gas station operator yesterday warned the 24 percent minimum wage increase will “almost certainly” force the sector to cut staffing levels unless the Government grants a long-awaited margin increase.
‘Let businesses set own rules over mask rules for customers’
GROCERY store managers said yesterday that while they support the lifting of the country’s mask mandate, they also believe businesses should be allowed to set their own mask wearing rules for customers.
BBF on path towards qualification for 2016 Olympics
THE path toward Olympic qualification in 2016 begins this month for the Bahamas Basketball Federation with one of the top events in the regi
60% May occupancy represents Big Game
THE Bimini Big Game Club has been booked out for the Memorial Day weekend two months' in advance, its general manager telling Tribune Business that this represented a marked departure from the normal two-week booking pattern.
Trying to avoid an Easter shutdown
ECONOMIC Affairs Minister Michael Halkitis said the government is planning to meet with the Bahamas Petroleum Dealers Association today to address their concerns about rising fuel prices, among other things.
Concerns that hotel tax breaks unduly exploited
A BAHAMIAN businessman has voiced concerns that foreign investors are unduly exploiting Hotels Encouragement Act incentives to obtain tax breaks on construction materials for large vacation rental properties.
SAFETY FIRST FOR JUNKANOO: Police out in force, says minister, as tickets in demand
YOUTH, Sports and Culture Minister Mario Bowleg is pledging that the upcoming Junkanoo parades will be safe, with police and Defence Force officers set to be out in full force.
BISX-listed fund: 10% pt rental rise is ‘dividend trick’
The administrator for the BISX-listed Bahamas Property Fund yesterday said a 10 percentage point increase in average occupancy rates would “be the trick” to unlocking long-awaited dividend payments.
Lives of farm pigs not threatened by fire
BAHAMAS Humane Society (BHS) President Kim Aranha yesterday confirmed that the lives of 100 pigs at a farm off Gladstone Road were not threatened by the smoke and flames emanating from the New Providence Landfill’s most recent fire.
'Transformative' COVID leaves retailer targeting overseas expansions
A Bahamian retail entrepreneur says COVID-19’s “transformative” impact has spurred him to look at regional expansion with sales “30 percent off” as his businesses emerge from lockdown.Andrew Wilson, the Quality Business Centre (QBC) proprietor, told
Oil explorer: Just 20% of opponents from the Bahamas
The oil exploration battle further heated up last night after Bahamas Petroleum Company (BPC) sought to discredit an activist petition by asserting just 20 percent of signatories were local.
Cat 5 hurricane surge threat to 83% of tourism
The Bahamas must "build back better" following Hurricane Dorian and COVID-19 to boost its competitiveness given that 83 percent of the tourism economy is exposed to Category Five storm surge.
Workers 'breaking down door' to make exit
THE union representing Water and Sewerage Corporation (WSC) line staff yesterday welcomed the planned Voluntary Separation Packages (VSEPs), as workers will be “breaking down the door to get out of here”.Dwayne Woods, the Bahamas Utilities Services a
50% cash use fall 'ambitious, not impossible'
The government’s target to reduce Bahamian society’s cash use by 50 percent within the next five years is “ambitious but not impossible”, a well-known banker said yesterday.Gowon Bowe, Fidelity Bank (Bahamas) chief financial officer, told Tribune Bus
BTVI readies for City and guilds expansion
Twenty-seven persons from the Bahamas Technical and Vocational Institute (BTVI) recently attended training sessions that focused on City and Guilds’ assessment and quality assurance.The four-day training session in New Providence came as BTVI further
PM ‘understands anger and frustration’
PRIME Minister Dr Hubert Minnis hopes that union representatives will come to appreciate the less-than-ideal state of the government’s finances when he meets them on Saturday, but says he understands the anger and frustration of Bahamian workers.
Chamber chief: Full disclosure on Disney deal
THE Eleuthera Chamber of Commerce’s president yesterday called for the Heads of Agreement (HOA) for Disney’s $250-$400m Lighthouse Point project, and the development “strategy”, to be made public.
Tech hub ‘visa’ being finalised
LEGISLATION for the creation of a “BH-1B visa” is being finalised to boost Grand Bahama’s attraction for relocating technology companies, a Cabinet Minister revealed yesterday.
Survival rate shock for kids cancers
THE Bahamas faces a massive uphill battle to improve survival rates for children with cancer and other auto-immune diseases.
Labour reform ‘sticking points’ largely resolved
The private sector is satisfied “for now” with the labour law reforms passed by Parliament, the Chamber’s chief executive yesterday confirming that “most of the sticking points” have been dealt with.
