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No easy task to reform pensions, warns expert
THE scale of pension reform has been described as “no small feat” by Dr Stephen Brien, chairman of the UK Social Security Advisory Committee, who said policy decisions will affect current and future pensioners.
Graycliff expanding private dining options
A prominent Nassau resort is expanding its wine cellar to add more private dining options.
Water Corp chief clarifies billings for Treasure Cay
THE Water and Sewerage’s (WSC) general manager says Treasure Cay customers are only being billed for the period after Dorian reconstruction began as he acknowledged their "frustration".
Snob effect
ActivTrades
Whether it is fine whisky or trendy Warhol painting, many things are becoming more expensive, even for the ultra-wealthy. This leads to a bull market in luxury properties because many rich people are eager to demonstrate to their community how bulging their wallets are.
PLP National General Council accepts recommendation of Kingsley Smith for West Grand Bahama and Bimini by-election
The National General Council of the Progressive Liberal Party has accepted the candidates committee recommendation of Kingsley Smith for the upcoming West Grand Bahama and Bimini by-election after a raucous meeting.
Clubs & Societies October 20th, 2023
The Bahamas Down Syn- drome Association is to hold a buddy walk-fest on Saturday, October 21, from 8am to noon.
Bahamas kickstarts FTX assets sell-off
An auto dealer yesterday disclosed he expects to sell 60 percent of the former FTX vehicle fleet assigned to him within 30 days, but warned: “This is not a fire sale.”
Exuma’s tourism up 21% as utilities ‘behind 8-ball’
The Deputy Prime Minister yesterday asserted that Exuma is “going places” with tourism 21 percent ahead of pre-COVID levels, but admitted this growth caught the public utilities “behind the 8-ball”.
Bahamasair targets 20% capacity growth
Bahamasair is aiming to increase its fleet’s seat capacity by 20 percent come summer 2024 through adding two new jets, with its top executive describing the carrier as a “safeguard” for airlift and tourism.
Doctors to slash nation’s 213-bed shortage by 32%
Doctors Hospital yesterday pledged it will slash The Bahamas’ 213-strong hospital bed shortage by almost one-third come 2025 through the opening of two new facilities.
Developer: ‘Rumours of my death greatly exaggerated’
An Exuma developer yesterday said “rumours of my death have been greatly exaggerated” as he outlined progress with his “semi-private club and marina” project.
$500M PROJECT TO BRING 700 JOBS: Carnival Cruise Line move hailed as ‘turning point’ by top executive
CARNIVAL Cruise Line’s investment in Celebration Key, a new port destination that will welcome guests in 2025, has increased to $500m, more than double the initial $200m investment.
20-member Team Bahamas named for Pan Am Games
TWENTY participants will represent The Bahamas at the Pan American Games in Santiago, Chile following the selection made by the Bahamas Olympic Committee (BOC).
Halkitis: We’re following law on publishing of contracts
Michael Halkitis, Minister of Economic Affairs, said yesterday the government is still complying with the Public Procurement Act and information is still being updated on the system.
Bahamas ‘prioritises’ debt servicing over its people
The Bahamas has reached a point where the Government is prioritising interest payments on its $11.645bn national over services to its people, an investment analyst argued yesterday.
BPL base tariff review moves forward to bid
Consultants are being sought to conduct an “independent” study on whether Bahamas Power & Light’s (BPL) base tariff should be increased, it was revealed yesterday.
Water Corp’s monthly bills to aid consumers
The Water and Sewerage Corporation’s (WSC) top executive yesterday said customers will enjoy “quite a few benefits” such as earlier leak detection through the utility’s switch to monthly billing.
STATESIDE: Hard to be hopeful with state and future of the Middle East
We will be reading and watching for days and weeks to come about the awful human misery unfolding in Gaza, one of the most politically sensitive enclaves anywhere on earth. The Tribune featured an in-depth look at the history of the region earlier this week. Here’s another brief take on the current tragedy.
Parliamentary Registrar looking to modernise the voters card registrations system
THE Parliamentary Registration Department plans to streamline the registration process to get a voter’s card - as well as modernising the card itself.
Halkitis: State-owned-enterprises will eventually be added to government procurement system
ECONOMIC Affairs Minister Michael Halkitis said state-owned enterprises (SOEs) will eventually be incorporated into the central government’s procurement system so that awarded contracts are disclosed to the public.
