Search results for : payroll
October 23, 2015
Baha Mar redundancies 'don't bode well' for negotiations, Turnquest worries
Shadow Minister of Finance Peter Turnquest says the "unfortunate" and "disappointing" redundancy of about 2,000 former Baha Mar employees - effective today - does not bode well for the closed-door negotiations between Baha Mar, the Export-Import Bank of China (CEXIM) and China Construction America (CCA) to get work on the $3.5 billion resort restarted.
10m more in govt salaries
June 09, 2017
10m more in govt salaries
THE government's payroll increased by $10m as new employees were hired in the final five months of the former Christie administration, State Minister for Public Service and National Insurance Brensil Rolle said during his contribution to the budget debate in the House of Assembly yesterday.
March 31, 2017
PM Christie Speaks to VAT 'Naysayers in HOA Communication
During his Communication to the House of Assembly on VAT (Value Added Tax) Revenues, Prime Minister and Minister of Finance the Rt. Hon. Perry Christie said, on March 29, 2017, that any "financial person or purported financial person" that suggested there was reasonable expectation...
March 01, 2017
Ministry of Finance criticised over failure to pay customs officers
LABOUR Minister Shane Gibson yesterday criticised the Ministry of Finance for failing to honour its commitment to pay customs officers money agreed to by the Bahamas Customs and Immigration Allied Workers Union by the end of February...
February 16, 2017
"BTC Promoting from Within-4 Women Rise in the Ranks"
Women continue to take top positions at The Bahamas Telecommunications Company (BTC). Just recently, four of them secured some of the company?s most senior titles, in a wave of new appointments to the executive leadership team...
Nassau's Air Arrivals Off 16.5% in October
November 30, 2016
Nassau's Air Arrivals Off 16.5% in October
Visitor arrivals through Lynden Pindling International Airport (LPIA) were slightly ahead of last year for the first 10 months of 2016, despite a 16.5 per cent October drop-off due to Hurricane Matthew.
July 26, 2015
Baha Mar's DIP financing filing report reveals 'skeleton crew' strategy
Baha Mar's initial monthly filing report for its debtor-in-possession (DIP) financing has further illuminated the resort developer's potential "skeleton crew" strategy set to slash its projected payroll obligations to $737,000 by October 17 in the event of further deadlocked negotiations between the developers and its partners China Construction America (CCA) and the Export-Import Bank of China (C...
Smith: Over 1,500 Baha Mar employee claims settled
September 29, 2016
Smith: Over 1,500 Baha Mar employee claims settled
More than 1,500 former Baha Mar employees have received payments as part of the agreement the government signed with the Export-Import Bank of China (CEXIM), according to Claims Committee Chairman James Smith.
August 26, 2016
Road Traffic still supplying details on missing money
ROAD Traffic Department Controller Ross Smith confirmed yesterday that officials are still actively supplying evidence to police in connection with the auditor general's findings of multi-million dollar losses at the department.
July 21, 2016
Bahamas Striping to host second day of prayer for small and medium-sized businesses
Thirteen years ago First Step Academy (FSA) opened its doors with six students and three staff members. Today its enrollment is 630 and growing, with the school set to open its fourth location in the new school year.
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