I can now use the money I saved from not paying for light and water and use it in the web shop, after that I go to the liquor store to get tune up, then church on Sunday and I hear dey legalizing marry Jane.
Wit all dis free stuff who needs to work?
All I know how to do is my safe government job. Where I don’t have to do anything anymore because we need to close down.
Clamshell this would be useful to know if she worked in a public place (hotel, restaurat or bar). Immediately with this information her colleagues could self quarantine. But with zero information the risk of spread continues unabated.
I agree Newcitizen. This will be an "economic catastrophe" bigger than Dorian for the Bahamas.
As usual, our leaders are not addressing the fast moving events nor have they diversified the economy away for big box tourism projects...which are now "dead in the water". With Dorian knocking out Abaco and Grand Bahama and CoVID 19 knocking out Nassau is this the black swan we were praying never comes?
1.Just under 50% of all persons in The Bahamas are directly employed in tourism.
2. If you add those who are indirectly employed in tourism, the percentage increases to 70%.
3. Tourism provides foreign exchange (US dollars) which allows the government to pay bills
4. Approximately 1.5 million stopover visitors and 3.5 million cruise visitors per annum. (Canada has advised its citizens to stop non essential travel abroad and to self quarantine for 14 days when you return).
“The cruise ships currently pay $18 per passenger “head tax” to the Public Treasury, now that rebates ceased from June 30 last year, plus an estimated $3-$4 per head in docking fees. This takes the total levy imposed on them to around $21-$22 per passenger.“ The Tribune.
So the government gets $21 per passenger, the average passenger spends $15 in port. Total $36 per passenger x 10,000 x 365 days per year = $131,400,000 in loss taxes and retail business. Using an economic multiplier of 4 and considering the loss of hard currency to the Bahamas then the impact is $500,000,000.
Assuming a $10 billion economy this will equate to a 5% shrinkage in GDP.
As Well muddo says the business model of these sea monster is to pack as many ppl on each cruise, clean to the minimum standards and dump as much garbage in the ocean where no one is watching and there is zero penalties compared to the recycling.
I would be shocked if the CDC comes out even after CoVID 19 passes in a couple of months and says it is now safe to put 3,500 on a cramp dirty boat.
If these monsters stop operation it will put a dent in sea pollution and global warming.
This story is a bunch of nonsense. The headline should read: "Royal Caribbean suspends US cruise operations after national emergency declared". The Verge.com
Rest assured if Royal Caribbean was a black Bahamian over the hill business god knows they would get such gracious treatment.
So Mr. Tribune please do a little more investigation and answer the questions or interview somoe one who has the answers:
1. What is the governments reaction? Are they going to help business ppl by lowering taxes. 2. What is Bay St's merchant's reactions? 3. What is the financial impact of not having 10,000 visitors a day paying the Cruise ship per head tax to the government?
Its almost as if the newspaper it tip toeing around this storey.
Excellent point BID. The fact remains that if the Bahamas Ship Registry in London registers a ship in the Bahamas then that ship's home, like a Bahamian Citizen, can not be denied entrance into the Country. So the British government, often very frustrated with banana republics with fly by night offshore companies, permanent residencies, zero income tax rates and ship registry flags of convenience told the ship to "go home".
"Many shipowners are allowed to remain legally anonymous in open registry systems, making it difficult to identify and prosecute legal actions (whether civil or criminal) against these individuals. Some ships with flags of convenience have been found engaging in criminal activity, offering substandard working conditions, and spewing pollution into the environment or illegally fishing. As a result, ships flying under these flags are now targeted by other nations for special enforcement when they make call in one of the host nation's ports." Source: Internet.
Now that we have 5 confirmed cases of Covid 19 at the dock where 10,000 tourist a day disembark, we have put the entire country at risk for a couple of ship registration fees. Greed at its worse.
Hmmm? I guess because this is a Bahamian ship and we have taken registration fees from them for decades we are obligated to help them when they are in distress.
This is the problem with the offshore flags of convenience. We have zero capacity to help.
This ship didn't even start off in the Florida.
27 Feb Departing from La Romana, Dominican Republic hotels 28 Feb Santo Domingo, Dominican Republic 02 Mar Cozumel, Mexico 03 Mar Belize City 06 Mar Puerto Limon, Costa Rica 07 Mar Colon, Panama 08 Mar Cartagena, Colombia 10 Mar Willemstad, Curacao Island, Dutch Antilles 12 Mar Arriving in Bridgetown, Barbados
observer2 says...
I can now use the money I saved from not paying for light and water and use it in the web shop, after that I go to the liquor store to get tune up, then church on Sunday and I hear dey legalizing marry Jane.
Wit all dis free stuff who needs to work?
All I know how to do is my safe government job. Where I don’t have to do anything anymore because we need to close down.
On BPL Board to consider disconnection suspend
Posted 17 March 2020, 7:03 p.m. Suggest removal
observer2 says...
What happen wit de $600 million rate reduction bond from Wall Street. Stock market done crash so I guess ain no money comin in.
And Ain no use me payin my bill after 40 years because ain no body else ga pay.
I broke broke.
On BPL Board to consider disconnection suspend
Posted 17 March 2020, 3:34 p.m. Suggest removal
observer2 says...
Clamshell this would be useful to know if she worked in a public place (hotel, restaurat or bar). Immediately with this information her colleagues could self quarantine. But with zero information the risk of spread continues unabated.
On UPDATED: 61-year-old woman is the first confirmed case of COVID-19 in The Bahamas
Posted 15 March 2020, 2:43 p.m. Suggest removal
observer2 says...
As usual the news is incomplete.
Did the lady travel travel in the last 21 days or the last month? Did any member of her family travel? Did any of her working colleagues travel.
She has been in the hospital since Friday, at least we could have gotten more clarity.
The lack of information from the government is causing the panic.
And why is the minister of education giving updates when he is no medical credentials.
On UPDATED: 61-year-old woman is the first confirmed case of COVID-19 in The Bahamas
Posted 15 March 2020, 1:39 p.m. Suggest removal
observer2 says...
Also, Spain just closed it boarders.
Catholic Church in New York cancelled mass tomorrow.
On President Trump says top cruise ship companies stopping trips from the US
Posted 14 March 2020, 4:02 p.m. Suggest removal
observer2 says...
I agree Newcitizen. This will be an "economic catastrophe" bigger than Dorian for the Bahamas.
As usual, our leaders are not addressing the fast moving events nor have they diversified the economy away for big box tourism projects...which are now "dead in the water". With Dorian knocking out Abaco and Grand Bahama and CoVID 19 knocking out Nassau is this the black swan we were praying never comes?
Some statistics about tourism found on the www.tourismtoday.com website:
1.Just under 50% of all persons in The Bahamas are directly employed in tourism.
2. If you add those who are indirectly employed in tourism, the percentage increases to 70%.
3. Tourism provides foreign exchange (US dollars) which allows the government to pay bills
4. Approximately 1.5 million stopover visitors and 3.5 million cruise visitors per annum. (Canada has advised its citizens to stop non essential travel abroad and to self quarantine for 14 days when you return).
On President Trump says top cruise ship companies stopping trips from the US
Posted 14 March 2020, 10:41 a.m. Suggest removal
observer2 says...
Excellent analysis Well muddo.
“The cruise ships currently pay $18 per passenger “head tax” to the Public Treasury, now that rebates ceased from June 30 last year, plus an estimated $3-$4 per head in docking fees. This takes the total levy imposed on them to around $21-$22 per passenger.“ The Tribune.
So the government gets $21 per passenger, the average passenger spends $15 in port. Total $36 per passenger x 10,000 x 365 days per year = $131,400,000 in loss taxes and retail business. Using an economic multiplier of 4 and considering the loss of hard currency to the Bahamas then the impact is $500,000,000.
Assuming a $10 billion economy this will equate to a 5% shrinkage in GDP.
As Well muddo says the business model of these sea monster is to pack as many ppl on each cruise, clean to the minimum standards and dump as much garbage in the ocean where no one is watching and there is zero penalties compared to the recycling.
I would be shocked if the CDC comes out even after CoVID 19 passes in a couple of months and says it is now safe to put 3,500 on a cramp dirty boat.
If these monsters stop operation it will put a dent in sea pollution and global warming.
On President Trump says top cruise ship companies stopping trips from the US
Posted 14 March 2020, 9:15 a.m. Suggest removal
observer2 says...
This story is a bunch of nonsense. The headline should read: "Royal Caribbean suspends US cruise operations after national emergency declared". The Verge.com
Rest assured if Royal Caribbean was a black Bahamian over the hill business god knows they would get such gracious treatment.
So Mr. Tribune please do a little more investigation and answer the questions or interview somoe one who has the answers:
1. What is the governments reaction? Are they going to help business ppl by lowering taxes.
2. What is Bay St's merchant's reactions?
3. What is the financial impact of not having 10,000 visitors a day paying the Cruise ship per head tax to the government?
Its almost as if the newspaper it tip toeing around this storey.
I wonder why?
On Cruise line hopeful it can handle 'challenging' times
Posted 13 March 2020, 7:59 p.m. Suggest removal
observer2 says...
Excellent point BID. The fact remains that if the Bahamas Ship Registry in London registers a ship in the Bahamas then that ship's home, like a Bahamian Citizen, can not be denied entrance into the Country. So the British government, often very frustrated with banana republics with fly by night offshore companies, permanent residencies, zero income tax rates and ship registry flags of convenience told the ship to "go home".
"Many shipowners are allowed to remain legally anonymous in open registry systems, making it difficult to identify and prosecute legal actions (whether civil or criminal) against these individuals. Some ships with flags of convenience have been found engaging in criminal activity, offering substandard working conditions, and spewing pollution into the environment or illegally fishing. As a result, ships flying under these flags are now targeted by other nations for special enforcement when they make call in one of the host nation's ports." Source: Internet.
Now that we have 5 confirmed cases of Covid 19 at the dock where 10,000 tourist a day disembark, we have put the entire country at risk for a couple of ship registration fees. Greed at its worse.
On VIRUS SHIP TOLD: YOU CAN’T LAND – Cruise liner with five infected not allowed to dock
Posted 13 March 2020, 11:16 a.m. Suggest removal
observer2 says...
Hmmm? I guess because this is a Bahamian ship and we have taken registration fees from them for decades we are obligated to help them when they are in distress.
This is the problem with the offshore flags of convenience. We have zero capacity to help.
This ship didn't even start off in the Florida.
27 Feb Departing from La Romana, Dominican Republic hotels
28 Feb Santo Domingo, Dominican Republic
02 Mar Cozumel, Mexico
03 Mar Belize City
06 Mar Puerto Limon, Costa Rica
07 Mar Colon, Panama
08 Mar Cartagena, Colombia
10 Mar Willemstad, Curacao Island, Dutch Antilles
12 Mar Arriving in Bridgetown, Barbados
On UPDATED: Cruise ship carrying persons with coronavirus 'will not be permitted to dock'
Posted 12 March 2020, 3:01 p.m. Suggest removal