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Port chief: ‘Too tight’ over private cruise island VAT
Nassau Cruise Port’s top executive yesterday warned that giving the cruise industry just 60 days to implement VAT on its Bahamian private islands “seems unreasonable” and is “just not enough time”.
Tour providers suffer 50% crime alert drop
Bahamian tour and excursion providers yesterday revealed a 50 percent across-the-board business decline because tourists “don’t want to leave the hotel or ship” due to crime fears.
Boat owners: Let us know reduced fees
Fishermen yesterday urged the Government to promptly disclose the new “reduced” boat registration fees prior to their March 1 introduction and ensure all Bahamian-owned vessels are “protected’.
Hotel worker ‘lump sum’ as industrial deal agreed
Hotel union members will receive the “first of two lump sum payments” early next week after a new industrial deal for the sector was agreed last night following days of intense negotiations.
Giants junior boys win basketball title
Game two was all the St John’s College Giants junior boys and Charles W Saunders senior boys needed last night to sweep their opponents in the Bahamas Association of Independent Secondary Schools (BAISS) best-of-three championship series.
Bahamas to host CARIFTA Aquatics Championships
THE Bahamas is gearing up to host 30th CARIFTA Aquatics Championships at the Betty Kelly-Kenning Aquatics Centre from March 28 to April 7 and, with nearly a month remaining on the countdown, preparations which include facility repairs, are in full swing.
Mingoes rain down goals on Inter-Nassau FC blues
THE University of the Bahamas men’s soccer team started off very slow against Inter-Nassau FC Blues Sunday in Bahamas Football Association action at The Roscow A.L. Davies Field.
Economics and crime
Thanks again in advance for space to address two issues sure to intersect in ways some of us cannot imagine or desire if we can: Economics and crime!
DEIDRE BASTIAN: Accept ‘the customer is sometimes wrong’
The expression that the “customer is always right” is central to customer service, but is it always applicable to every situation? While it is essential to prioritise the customer’s satisfaction, it is also important to not waste resources through becoming sidetracked by this goal.
Pintard: ‘Why did leading finance officials contradict each other?’
The Opposition’s leader yesterday challenged the Prime Minister to explain why The Bahamas’ two top finance officials “would openly contradict each other” over the Government’s recent $500m borrowing.
Entrepreneur eyes product, manufacturing expansion
A Bahamian manufacturer yesterday confirmed it is aiming to “scale up” and expand after exhausting existing inventory due to high consumer demand.
Businesses blame COVID, KYC in bank account delay
Bahamian businesses are blaming stringent Know Your Customer (KYC) due diligence rules and the post-COVID hangover for why it takes an average two months to open a corporate bank account.
MOE security officers protest for owed overtime, promotions and insurance
SECURITY officers in the Ministry of Education protested outside the Office of the Prime Minister yesterday, saying they are tired of fighting for owed overtime pay, promotions, and insurance.
FTX’s Bahamian liquidators did ‘everything in their power’
A SUPREME Court judge has backed assertions by FTX’s Bahamian liquidators that they “have done everything within their power to strike the best possible deal” in settling the dispute with their US counterpart.
Banker backs IMF on tax reform scepticism
A SENIOR banker has backed the International Monetary Fund’s (IMF) scepticism over the Government’s stance that it will hit its deficit and revenue targets solely through better compliance and enforcement.
Developer reassures Adelaide: ‘Heavy work’ to end this month
A BAHAMIAN developer yesterday pledged that noise and other nuisances impacting Adelaide residents should be over by month’s end, and asserted his project will “bring great value” to the area.
‘About time’ cruise lines private islands face VAT
BAHAMIAN tour operators yesterday asserted it is “only fair” that VAT be levied on the goods and services bought by passengers on the cruise lines’ private islands, adding: “It’s about time.”
$250m resort requires ‘meaningful’ Bahamian participation to succeed
THE developer behind Grand Bahama’s $250m Six Senses resort project says it will struggle to succeed without “really meaningful” participation by Bahamians in all aspects of its build-out.
BTC blames rival utility on east Nassau fibre cut
THE Bahamas Telecommunications Company (BTC) yesterday blamed a rival utility for cutting its fibre optic cable and depriving customers in the Eastern Road area of landline, mobile and Internet services.
Senate’s vice-president attends trade conference
THE Senate’s vice- president represented The Bahamas at a recent trade and economic conference in his role as the Trade Commission’s deputy chairman.
