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STORM SURGE RISK FOR HALF OF NATION: Report says nearly 50% of Bahamians exposed to danger
NEARLY half of The Bahamas’ population or 184,326 residents are exposed to storm surge, with research experts warning that the number is likely to increase due to rising sea levels.
Gas wholesalers eye rise In 20-year unchanged margins
PETROLEUM suppliers are urging the Government to increase price-controlled margins that have remained unchanged for 20 years so they can better cope with escalating costs.
Food store principal fears: ‘There goes the business’
A BAHAMIAN food store owner yesterday said “there goes the business” as he voiced fears that the price control regime’s expansion will drive smaller operators such as himself out of business.
Closing arguments made in incest trial
CLOSING arguments were delivered in the Supreme Court yesterday in a case in which a father is alleged to have molested his then teenage daughter.
PM: ‘No concerns’ that businesses won’t cope
PRIME Minister Phillip “Brave” Davis said yesterday he had no concerns about small business longevity in the face of an impending light bill increase and now a newly announced higher minimum wage of $260 a week. Mr Davis said it was a step in the right direction.
Officials to assess national diploma
EDUCATION Minister Glenys Hanna-Martin revealed officials are hoping that by December they will be able to make an accurate assessment of the national high school diploma so that they can ensure it does not negatively affect students.
Turks and Caicos thanks for Bahamas police link
NIGEL Dakin, Governor of the Turks and Caicos Islands, has expressed gratitude to the Bahamas government for lending support to assist in their fight against crime, saying the nation’s officers are already making a difference on the grounds there.
‘The public is better off’: Eliminate price controls
Super Value’s principal yesterday urged the Government to abolish the price control regime rather than expand it, arguing: “Consumers will be better off.”
Gov’t in $40m surplus despite 25% VAT drop
The Government yesterday unveiled a rare $40.2m Budget surplus for July 2022 despite VAT revenues declining by more than 25 percent or some $36.5m year-over-year.
Price control expansion ‘last straw’ for grocers
The Retail Grocers Association’s president yesterday warned that expanding the price control regime could be “the last straw” for small and medium-sized food stores, adding: “I’d like to know what the magic formula is.”
Two-thirds of hotel staff in minimum wage boost
Up to two-thirds of the hotel industry’s workforce may benefit from the 24 percent minimum wage increase unveiled by the Prime Minister, it was revealed yesterday, amid hopes the sector’s rising business volumes will offset the extra cost.
Minimum wage rise to hit firms with 'tight margins'
MERCHANTS yesterday said that, while a minimum wage increase is necessary to help ease the cost of living crisis, the increase in payroll expense may force some companies operating on tight margins to lay-off staff.
Innovation hub seeking to boost technology funding
A NEWLY-LAUNCHED innovation hub aims to give Bahamian digital assets and technology entrepreneurs direct access to international financing by forging links with California's Silicon Valley.
Tourism crime threat ‘boggles the mind’
THE Deputy Prime Minister yesterday downplayed the impact of the most recent US travel advisory while saying “it boggles the mind” to believe that criminals would deliberately hurt or target the tourism industry.
NIB unemployed payout drops to $610k monthly
A CABINET minister yesterday said the collective $610,000 per month that the National Insurance Board (NIB) is paying in unemployment benefit is “considerably less” than during the COVID-19 pandemic.
Job fair targeting 2,000 attendees
THE Department of Labour is aiming to attract 2,000 employment seekers to its latest ‘Labour on the Blocks 2.0’ job fair this Saturday, with 45 companies ready to vet and hire as many as possible that same day.
‘I don’t know if businesses will survive’ double blow
THE head of the Retail Grocers Association yesterday warned that the government’s decision to expand its list of price-controlled items and increase the national minimum wage at the same time will be a “big hit” to businesses, adding: “I don’t know if they’ll be able to survive it.”
IMMIGRATION TO SEND IN OFFICERS: The Farm reported to have quadrupled in size since Dorian
IMMIGRATION Minister Keith Bell said there will be an increased number of immigration officers deployed to Abaco due to the recent expansion of several shanty towns there, with one unregulated community mushrooming to 200 acres since 2019.
Labour on the Blocks job fair to be held this weekend
OFFICIALS say the upcoming Labour on the Blocks job fair this weekend promises to be the “largest job fair ever”.
Miller-Uibo in the running for Women’s World Athlete of the Year
A triple crown at the World Athletics’ Indoor and Outdoor Championships and the North American, Central American and Caribbean (NACAC) Championships has landed Bahamian multiple national record holder Shaunae Miller-Uibo back in the running for the 2022 Women’s World Athlete of the Year.
