Tag: Eyewitness Newsonline
KEEP ‘EM COMING: Businesses urged to register for eProcurement platform; more than 2,220 signed on to date
Procurement process for all departments, agencies, ministries and state-owned enterprises will be governed by new Public Procurement Act as of Sept 1 NASSAU, BAHAMAS — Over 2,200 businesses are registered on the government’s e-Procurement system to date, according to Ministry of Finance officials, who noted that each government agency will have to produce an annual […]
MAKING A COMEBACK: Crystal Cruises to resume sailing with all-Bahamas cruise in early July
Passengers will be required to be vaccinated against COVID-19 and test negative before boarding NASSAU, BAHAMAS — Miami-based luxury cruise line Crystal Cruises will offer seven-night all-Bahamas cruises in early July, a move Tourism Minister Dionisio D’Aguilar said could serve as a “tipping point” for the country’s stalled tourism industry. “This is a milestone achievement, […]
LOW MORALE: Bahamasair union says airline is at its worst in 40 years
NASSAU, BAHAMAS — The union representing some 350 Bahamasair employees said yesterday morale was “really low”, adding that the state of the airline was the worst he has seen in nearly 40 years. Gladstone Adderley, president of the Airport, Airline and Allied Workers Union (AAAWU), told Eyewitness News: “The morale is real low, I’d say […]
Top real estate agent Timothy Smith appointed Better Homes and Gardens partner
NASSAU, BAHAMAS — For top-producing estate agent Timothy Smith, 2021 is off to a promising start as he is taking on a new role as partner in Better Homes and Gardens Real Estate MCR Bahamas Group. Smith — a real estate pro with industry honors, an entrepreneurial spirit and a social media following that numbers […]
“Workable” plan needed on economic recovery, says UB lecturer and economist
NASSAU, BAHAMAS — This nation must have a “workable plan” with measurable key performance indicators towards its economic recovery or will otherwise remain in the crosshairs of international ratings agencies, according to a Bahamian economist. Rupert Pinder, a University of The Bahamas (UB) lecturer, told Eyewitness News: “There are some very interesting parallels in terms […]
BPC stock plummets as Bahamas oil exploration ends in disappointment
NASSAU, BAHAMAS — Hopes of finding commercial quantities of oil in The Bahamas have been dashed with Bahamas Petroleum Company (BPC) announcing that it has abandoned its exploratory drilling after its well came up largely dry. The company’s stock took a nearly 70 percent hit as a result of the long-awaited announcement. BPC has been […]
Country’s fiscal deficit widens 279 percent
NASSAU, BAHAMAS — The country’s fiscal deficit widened by a whopping 279 percent between July and December of last year, according to data released by the Ministry of Finance. According to the combined first six months’ fiscal snapshot and report for July to December released by the Ministry of Finance last night, provisional data on […]
