Search results for : retailers
PM: Meeting with Gas Retailers "Fruitful"
March 14, 2023
PM: Meeting with Gas Retailers "Fruitful"
NASSAU, BAHAMAS - Prime Minister Philip Davis says he is understanding of the concerns by gas retailers and has asked them to give the government another two weeks to assess the situation.
PM asks gas retailers to give govt two weeks
March 14, 2023
PM asks gas retailers to give govt two weeks
Prime Minister Philip Davis said he has asked members of the Bahamas Petroleum Retailers Association to give the government another two weeks to address their challenges. "The retailers do have serious issues in the concerning their survivability in the context of what's happening worldwide," Davis told reporters at the Office of the Prime Minister this ...
The post PM asks gas retailers to give g...
Govt spoke with fuel retailers on margins
March 14, 2023
Govt spoke with fuel retailers on margins
THE government has agreed to "explore other avenues" with fuel retailers to help bring them some relief while not increasing the cost of gasoline at the pumps for consumers, the Office of the Prime Minister said yesterday.
PM meets with petroleum retailers
March 14, 2023
PM meets with petroleum retailers
Prime Minister Philip Davis and senior government officials met yesterday with representatives of the Bahamas Petroleum Retailers Association to discuss the industry's ongoing issues and challenges and the need to find a balance that sustains their businesses while not negatively impacting them and the Bahamian consumer, the Office of the Prime Minister (OPM) said. "While ...
The post PM meets wit...
March 14, 2023
Government agrees to explore other avenues for petroleum retailers relief
NASSAU, BAHAMAS- On Monday, the government announced that it has agreed to explore alternative solutions to bring relief to petroleum retailers, who have been advocating for an increase in their profit margins on fuel. Prime Minister Davis and senior government officials met with representatives from the Bahamas Petroleum Retailers Association to discuss the challenges faced [...]
March 14, 2023
Government agrees explore other avenues for petroleum retailers relief
NASSAU, BAHAMAS- On Monday, the government announced that it has agreed to explore alternative solutions to bring relief to petroleum retailers, who have been advocating for an increase in their profit margins on fuel. Prime Minister Davis and senior government officials met with representatives from the Bahamas Petroleum Retailers Association to discuss the challenges faced [...]
Fronting in the retail and construction sectors
March 13, 2023
Fronting in the retail and construction sectors
A recent ruling by Chief Justice Sir Ian Winder exposed what has long been an open secret, that a beauty and cosmetic store located in Downtown Nassau was a "fronting operation". The store's managers and the vast majority of its staff were foreign nationals, most of whom it is now revealed had been working without the ...
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Retailers fire back at Halkitis
March 13, 2023
Retailers fire back at Halkitis
Vice President of the Bahamas Petroleum Retailers Association Vasco Bastian yesterday expressed deep disappointment in Minister of Economic Affairs Michael Halkitis' response to the cries of the retailers for a margin adjustment, stating that Halkitis clearly has some kind of a problem with the group of Bahamian businesspeople. Speaking in the Senate last Thursday, Halkitis ...
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Gas retailers plea for govt change of heart
March 13, 2023
Gas retailers plea for govt change of heart
THE vice president of the Bahamas Petroleum Dealers Association is pleading with government to reconsider its position on not granting retailers a margin increase, calling on Economic Affairs Minister Michael Halkitis to have a "change of heart".
Gov't Minister Hits Back at Petroleum Retailers
March 10, 2023
Gov't Minister Hits Back at Petroleum Retailers
NASSAU, BAHAMAS - Economic Affairs Minister Michael Halkitis laying out the government's position after the Petroleum Retailers Association foreshadowed that some action could come soon.
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