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$6m 'breathing room' no long-term gas solution

Bahamian petroleum dealers yesterday argued that '"a short-term injection doesn't alleviate the problem" of fixed margins after a Cabinet minister disclosed the Government provided $6m in "relief" to the industry last year.

* SKYGuard Severe Wx eAlert 5PM * Lightning ⚡️ Winds 💨 & Rain 🌧

Thursday, 25th May, 2023.

Insurer uproar on Gov'ts 50% investment 'dictate'

Bahamian insurers yesterday blasted the Davis administration for seeking to "dictate" their investment strategy by mandating that a "minimum" 50 percent of their total portfolio be held in government securities.

* 🇧🇸 SKYGuard Weather eAlert Thursday 6am-Friday Early am *

Thursday, 25th May.

Comments on marital rape issue

I read with consternation (but not surprise) the remarks of Evangelist Rex Major on the impending marital rape legislation at the recent ecumenical service celebrating The Bahamas’ 50th anniversary of independence. A few of his remarks caught my attention:

BTC donates $5,000 to Sandilands Rehabilitation Centre Push-a-Thon

THE Bahamas Telecommunications Company Ltd (BTC) donated $5,000 to the 12th edition of the Sandilands Rehabilitation Centre’s (SRC) 2023 Push-A-Thon.

Registered agents take on substance reporting burden

The Attorney General yesterday said financial services providers will have to do economic substance reporting for all entities where they act as the registered agent if The Bahamas is to escape Europe's 'blacklist' this year.

Corporate tax certainty 'vital' to Freeport future

Grand Bahama's Chamber of Commerce president yesterday said it was "vital" to business certainty and investor confidence that Freeport gain clarity on whether, and how, corporate tax will be implemented in the Port area.

Activists find Rex Major’s comments ‘appalling’

A TOP human rights expert said she is hard-pressed to celebrate the 50th anniversary of Bahamian independence given the constitutional inequalities between men and women and the government’s failure to adequately protect women from violence.

Corporate tax plan 'dead on arrival' unless wider reform

The Government's corporate income tax consultation will be "dead on arrival" if it does not involve a "holistic" approach to comprehensive Bahamian tax reform, a prominent banker warned yesterday.

Keep Freeport out of a 'political cess pool'

Major figures in last year's protest march to the Grand Bahama Port Authority (GBPA) have reiterated their opposition to its acquisition by the Government for fear Freeport will be dragged into "a political cess pool".

Visitor 'leads' jump 40% for Family Islands duo

A senior tourism official says The Bahamas' digital marketing efforts have generated a 40 percent increase in visitor "leads" for Cat Island and San Salvador hotels this fiscal year.

'We’re 20 years late on corporate income tax, so we’re catching up' says expert

A TOP financial expert believes it is the time to have a discussion about corporate income taxes for companies in The Bahamas.

Cat Island 'going to get whole hog'

Government officials yesterday pledged that Cat Island is "going to get the whole hog" when it comes to airport, roads and utilities upgrades and investments.

'Jobs, jobs and more jobs': Staff sought for 700 posts

The British Colonial resort will hire up to 400 staff before it fully re-opens this December, the Government's labour chief revealed yesterday, adding: "The majority of Bahamians who want a job can find one."

Employee morale key to productivity

So you have hired a stellar employee to fill a specific role. Now you need to make sure they stick around, as it is not only about finding a good fit but, rather, keeping them motivated to stay. Every single employee is incredibly valuable as they play a pivotal role in the overall success of a business. Therefore, motivation is critical. Subsequently, here are a few tips to bolster employee morale as anything less can affect performance and result in low productivity.

GB needs Port Authority to 'makes things happen'

A Cabinet minister yesterday asserted that both Freeport and Grand Bahama need a Port Authority that is "progressive" and "makes things happen".

FACE TO FACE – Holland Martin: Island boy bringing purpose and passion back home

WHEN Holland Martin stood on the medal podium sporting his Bahamian flag and singing the national anthem with pride, he wasn't only thinking about making his country proud. He was also thinking about his hometown - Fresh Creek, Central Andros. He knew what a privilege it was to be able to travel the world and represent his country, especially when scores of talented youngsters growing up all across the Family Islands never get the chance.

Cable 'accelerates' fibre due to Elon Musk threat

Cable Bahamas is "accelerating" the roll-out of its fibre-to-the-home network infrastructure in response to the competitive "threat" posed by Elon Musk's Starlink, its chief executive revealed yesterday.

Abaco Chamber warning on work permit breaches

Abaco's Chamber of Commerce has issued a fact sheet to the island's employers to address the "huge issue" of work permit and labour law violations.

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