Search results for : retailers
YOU'VE BEEN WARNED: PM says retailers not cutting prices after import duty reductions
NASSAU, BAHAMAS — Prime Minister Philip Davis told local wholesalers and retailers that they have "been warned" while expressing concern that the lack of competition in the market has resulted in businesses not passing on the government's import duty reductions to consumers. While addressing the Progressive Liberal Party's (PLP) 55th National Convention on Friday, Prime [...]
Halkitis says govt still in talks regarding fuel retailers' concerns
Minister of Economic Affairs Michael Halkitis assured yesterday that the government is still working with the Bahamas Petroleum Retailers Association (BPRA) to come to an agreement on appropriate margins on fuel products, which are price-controled.
BTC Opens Fully Digital Retail Store In Abaco
BTC Opens Fully Digital Retail Store In Abaco
“BTC has done it again,” this time, with the snip of a ribbon signifying the opening of its brand-new retail store in the Marsh Harbour community.
Carnival's dredging complete, retailers being sought
Carnival's dredging complete, retailers being sought
Grand Bahama retailers hoping to partner with Carnival Grand Cruise Port and become part of the new port experience met with cruise line executives last week.
Govt hoping for deal with petroleum retailers by end of summer
Financial Secretary Simon Wilson told members of the media yesterday that the government hopes to finalize an agreement with the Bahamas Petroleum Retailers Association (BPRA) by the end of the summer, adding that talks have currently stalled.
JOINT STATEMENT: The Ministry of Finance and The Bahamas Retail Grocers Association
Over ?80 percent? of the grocery store is now VAT-Free Cost reduced for thousands of everyday items at the grocery...
Fuel retailers optimistic but Halkitis says no change to come
THE Bahamas Petroleum Retailers Association's (BPRA) president expressed optimism yesterday about resolving long-standing issues affecting gas retailers even as Economic Affairs Minister Michael Halkitis reiterated the government would not change fuel or tax margins to accommodate them.
Petroleum retailers pledge 'decisive action'
Petroleum retailers pledge 'decisive action'
Bahamas Petroleum Retailers Association President Raymond Jones said yesterday retailers are set to take "decisive action" to cut their operating costs within the coming week after the government failed to live up to its word and address concerns regarding inflexible margins within a stated time frame.
Meeting with fuel retailers was 'fruitful'
Meeting with fuel retailers was 'fruitful'
AFTER meeting with gas retailers on Monday to discuss their concerns amid rising costs, Prime Minister Phillip "Brave" Davis said he believes the discussions with the group were "fruitful" and added he is hopeful that his administration will be able to reach within the next two weeks an amicable solution for the benefit of all.
Gas retailers plea for govt change of heart
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".