Search results for : retainers
April 15, 2024
URCA fines BTC $209k over number portability rules violations, company to appeal
NASSAU, BAHAMAS — The Bahamas Telecommunications Company (BTC) last night said that it plans to appeal a $209,000 fine imposed by the Utilities Regulation and Competition Authority (URCA), calling it "unwarranted and excessive." The Bahamas Telecommunications Company (BTC) was hit with a fine for violations against the regulator's number portability rules back in 2022, a [...]
April 04, 2024
St. Nicholas University Champions Diversity in Caribbean Veterinary Medicine
St. Nicholas University School of Veterinary Medicine (SNU) is implementing a targeted initiative to increase diversity within the veterinary profession in the Caribbean, focusing on attracting and supporting students from the Caricom region. This effort addresses a documented and drastic lack of diversity in the regional field, where Caribbean, Black, and Minority individuals – often from lower...
March 26, 2024
URCA defends push for electronic communication sector outage reporting
NASSAU, BAHAMAS — The Utilities Regulation and Competition Authority (URCA) has defended its push for outage reporting from its electronic communications sector licensees, with Cable Bahamas Limited/Aliv arguing that outage reporting to a national regulatory authority is 'an exception rather than a rule.' Cable Bahamas/Aliv has also called on the regulator to demonstrate that such [...]
March 25, 2024
Bahamasair Management signs Five-Year Industrial Agreement with BALPA
The Management at the country’s National Flag Carrier, Bahamasair and The Bahamas Airline Pilots Association (BALPA) signed a five-year Industrial Agreement worth a little over $500,000 at the flag carrier’s administrative office on Friday, March 22, 2024.
Retirement Age Increased for Bahamasair Pilots
March 23, 2024
Retirement Age Increased for Bahamasair Pilots
NASSAU, BAHAMAS - The retirement age for Bahamasair pilots has been raised from sixty to sixty-five to retain valuable expertise.
March 22, 2024
New industrial agreement signed and retirement age increased for Bahamasair pilots
NASSAU, BAHAMAS- Bahamasair and The Bahamas Airline Pilots Association (BALPA), announced Friday morning that the national flag carrier and its pilots have agreed to increase pilots' retirement age to 65 and have also signed a $500, 000 industrial agreement which is set to provide salary increases, navigation production pay and a number of other benefits [...]
March 18, 2024
New Renderings of Six Senses Residences in Grand Bahama Released
The Six Senses Grand Bahama Development Team, consisting of Weller Development Partners and Pegasus Capital Advisors, announced today the launch of sales for the branded residences of the $250M+ Six Senses Grand Bahama development that will redefine luxury living in The Bahamas.
March 12, 2024
PM Davis: Revenues up $72.9 million compared to same period in previous budget cycle
While making his Opening Contribution to the Mid-Year Budget Debate 2023/2024, on March 6, 2024, Prime Minister and Minister of Finance the Hon. Philip Davis pointed out that, as of December 2023, revenues were up $72.9 million compared to the same period in the previous budget cycle.
March 08, 2024
International reports on crime wave have diminished says DPM
NASSAU, BAHAMAS – Deputy Prime Minister Chester Cooper informed Parliament on Thursday that international reports regarding the country's crime wave have diminished, with 90 percent of the coverage now either positive or neutral. Cooper said: "I am pleased to report that our monitoring of international news regarding these matters indicates a significant decline, with 90 [...]
March 01, 2024
Court of Appeal upholds former NIB director's pension benefit award
NASSAU, BAHAMAS — The Court of Appeal has upheld a Supreme Court judge's decision to award a former National Insurance Board Director seven years of pension benefits. NIB had appealed a decision of Justice Diane Stewart, who, in an April 28, 2023 ruling, determined that NIB "negligently misrepresented" to Rowena Bethel that she could participate [...]
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