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Expect Gas Prices To Rise, Says Petroleum Retailer
Expect Gas Prices To Rise, Says Petroleum Retailer
NASSAU, BAHAMAS - As gas prices in New Providence hover just below six dollars, Vice President of the Petroleum Retailers Association Vasco Bastian says it's likely prices at the pumps will continue to rise.
Gas retailer laments rent increase on top of govt's inflexible fuel margin
A petroleum retailer who operates four stations in New Providence said yesterday an "unconscionable" rent bill issued by Sol Petroleum Bahamas Limited for the Esso service station off the Six-Legged Roundabout coupled with the government's thus far inflexible position on a margin increase request could mean he would have to close two of his stations.
Retailer warns of 'shortage of goods' as global supply chain disruption continues
The owner of a major retail store cautioned Bahamians yesterday not to wait to buy necessary items, since a shortage of goods will inevitably drive prices up over the coming months.
Zulily Says It Will Go Into Liquidation
Zulily Says It Will Go Into Liquidation
USA - In a surprising move, U.S. online retailer Zulily is shutting down, leaving customers shocked and hundreds of workers laid off after failed attempts to rescue the business.
Atlantis donated $50,000 to the Bahamas Red Cross for hurricane relief
Atlantis donated $50,000 to the Bahamas Red Cross for Hurricane Relief
Bad loan recovery to take 2-3 years
Bad loan recovery to take 2-3 years
It will take "two-three years at a minimum" for the Bahamian commercial banking industry to work out its $1.194 billion total bad loan portfolio and reduce this to close to pre-recession levels, Tribune Business has been told.
URCA's regulatory ambit extended to natural gas activities
NASSAU, BAHAMAS — The Utilities Regulation and Competition Authority (URCA) will see its regulatory ambit expand to encompass natural gas activities, with the government tabling the Natural Gas Bill 2024 yesterday. The Natural Gas Bill 2024 aims to establish a comprehensive regulatory framework governing the importation, regasification, storage, transport, and retail distribution of natural gas ...
New industrial agreement between Bahamasair's management and pilots nears completion
NASSAU, BAHAMAS- Bahamasair pilots, represented by the Bahamas Airline Pilots Association (BALPA), will soon breathe a sigh of relief as the inking of a new industrial agreement with airline management is said to be on the horizon. BALPA and executives of the national flag carrier have been locked in dialogue at the negotiation table for [...]
U.S. Agencies ‘Handover’ disaster response equipment
U.S. Agencies ‘Handover’ disaster response equipment
Officials of the United States Embassy, Nassau, and the United States Northern Command (USNORTHCOM), presented counterparts at The Bahamas’ Ministry of Disaster Risk Management and its agencies with several critical pieces of disaster response equipment in a move that is expected to further boost the nation’s capability to better respond to natural disasters.
Letters to the Editor: Get helicopters to fight crime and illegal immigration
Dear Editor, Nassau is dying, both literally as well as figuratively, and unless something is done immediately and without any hesitation, the entirety of The Bahamas will surely collapse and might not ever recover. In its entire 50-year history as an "independent" nation (a topic for another conversation), the Commonwealth Of The Bahamas has never [...]