Search results for : payroll
Commonwealth Brewery records $4.6 million profit in Q2
NASSAU, BAHAMAS — Commonwealth Brewery recorded a second-quarter net profit of $4.6 million, a slight decline in comparison to its second-quarter performance for the same period back in 2022. The BISX-listed brewer in its Q2 financial reported that it continued to experience strong growth in net review during the period ending June 30, 2023—up 11 percent [...]
AML Foods sales up, but rising costs lead to net profit decrease
Despite rising costs from continued inflationary pressures, including increases in energy, insurance, and payroll, AML Foods Ltd. recorded a 5.5 percent increase in sales for the year ending April 30, compared to the same period in 2022. AML Foods CEO and President Gavin Watchorn revealed in the company's fourth quarter financial report that total sales for the quarter ...
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AML Foods records $2.8 million net profit amid supply chain and inflation challenges
NASSAU, BAHAMAS — BISX-listed AML Foods says that it continues to battle supply chain challenges and the impact of inflation, although the company reported a 5.5 percent sales increase for its last fiscal year. The company, in revealing its results for the fourth quarter and fiscal year ended April 30, 2023, noted that sales for the [...]
Bahamian software development company reaches major milestone
NASSAU, BAHAMAS — Plato Alpha, a Bahamian-owned and operated software development company, announced today that its proprietary human resources product, Triblock HR, has achieved a major milestone by reaching over 2,000 employees on the platform. The 'next-generation' HR and Payroll platform is stated to have been designed to introduce a new era for human resources [...]
Plato Alpha's Triblock HR Reaches Major Milestone with Over 2,000 Employees on Platform
Plato Alpha's Triblock HR Reaches Major Milestone with Over 2,000 Employees on Platform
Plato Alpha, a Bahamian-owned and operated software development company, announced today that its proprietary human resources product, Triblock HR, has achieved a major milestone by reaching over 2,000 employees on the platform.
900 public workers' pay delayed again
900 public workers' pay delayed again
STATE Minister for Public Service Pia Glover-Rolle said that 900 participants in the Public Service Professional Engagement Programme (PSPEP) participants have had a delay in the payment of their wages.
Ministry speaks out on public service payment delays
Ministry speaks out on public service payment delays
NASSAU, BAHAMAS — A "minor delay" in monthly payments for participants in the Public Service Professional Engagement Programme (PSPEP) will be addressed by "end-of-day tomorrow, April 4, 2023", according to a press release from the Ministry of Public Service. "Due to delays in submissions to the Ministry of Public Service, these payments were unable to [...]
Prime Minister Philip Davis - Contribution to the Public Finance Management and Public Procurement Bills
Prime Minister Philip Davis - Contribution to the Public Finance Management and Public Procurement Bills
Madam Speaker:
Sound financial management principles are a cornerstone of my administration’s efforts to improve the government’s fiscal health. Today, we are here to repeal and replace the Public Finance Management Act 2021.
'EXPANDING OPPORTUNITY': PM outlines changes to public procurement
NASSAU, BAHAMAS — Nearly 1,500 vendors have registered on the government's new procurement platform since its launch last November according to Prime Minister Philip Davis, with the government realizing nearly $3 million in savings from its use. During his contribution to the Public Finance Management and Public Procurement Bills debate, Davis said: "We will also [...]
Hometown heroes
Hometown heroes
A. Charlene Gibson is described as a person who prides herself on having a direct and professional approach, but still retains an open-minded easy-going side. It was for this that she was nominated for a Baha Mar Hometown Hero award – in the area of community – and won. Gibson, the business manager at the Children's Emergency Hostel, was one of a number of winners.