In a press statement Prime Minister Hubert Ingraham said there will be no margin increase for petroleum retailers and that a commission will be appointed to review the petroleum dealers’ complaints.
Leslie Miller said petroleum retailers are gutless and their licenses should be suspended for threatening strikes against the government and Bahamian people when they should be fighting Esso, Texaco and Shell to lower charges.
Although humble, Benchmark (Bahamas) has recorded its first net profit for 11 quarters, with the investment firm’s business model and investing strategy looking stable.
Currently located only in Nassau, the Bamboo Shack restaurant chain may soon expand to Freeport, and eventually to the U.S.
Trades Union Congress (TUC) president stated that “survival of the business” is paramount and Bahamian trade unions need not push for unrealistic wages and employment terms from their employers.
Grand Bahama police shut down five businesses and arrested 13 people for various offences, including drug and firearm possession.
The $3.4 billion Baha Mar development announced that management agreements have been signed with world-renowned resort chains Hyatt Hotels Corporation, Morgans Hotel Group and Rosewood Hotels and Resorts.
Developer of the 1,887 acre oceanfront Bimini Bay Resort community, Rafael Reyes, President of RAV Bahamas LTD, said they are in the process of creating and branding their next development phase as “Miami’s backyard playground.”
With the launch of the new E-Government Web Portal and e-services, a $10.2 million investment, the public has a new way to do business with the Government.