CLICO failure exposes need to ‘better protect small man’
The Bahamas must “better protect the small man” from unscrupulous companies, a prominent cleric urged yesterday, as CLICO victims receive the latest payouts on their surrendered or in-force life insurance policies.By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
Companies hail ‘big leap’ on business ease tax promises
Bahamian companies yesterday hailed “a big leap” forward if the Government delivers on its pledge to enact ease of business-friendly incentives alongside corporate income tax reforms.
Tax incentive plan ‘to cut cost’ of business
THE government plans to introduce tax incentive legislation to reduce the cost of doing business, according to Deputy Prime Minister Chester Cooper.
Hospital expansion plans revealed at loyalty launch
Representatives of Doctor’s Hospital revealed their plans of expansion on the Family Islands during the announcement of their Loyalty Advantage Membership Programme.
Businesses question whether bills will be cut by power deal
QUESTIONS have been raised about the effect on BPL rates after Prime Minister Phillip “Brave” Davis announced the government finalised a power purchase agreement for a new 117 megawatt power plant.
Resorts World bimini ‘never been close’ to budget
Resorts World Bimini’s financial performance has “never been close” to budget projections in 15 years, its minority owner is complaining, as the property suffers under an annual $57m debt servicing burden.
NAD executive features in aviation panel talks
A Nassau Airport Development Company (NAD) executive recently participated in a panel discussion at the Routes World 2024 global aviation conference.
FOCOL affiliate gains 30-year power deal
A 30-YEAR power purchase agreement will allow BPL to increase generation capacity and improve reliability for businesses and residents, according to Minister of Energy and Transport JoBeth Coleby-Davis.
‘Concerns’ as Margaritaville cuts sailings to Grand Bahama
Deputy Prime Minister Chester Cooper said yesterday the Ministry of Tourism has “some concerns” about Margaritaville at Sea’s schedule of calls for 2025.
DEREK SMITH: Embrace ethics and avoid corporate peril
In today’s rapidly-evolving regulatory environment, governance, risk and compliance (GRC) play a critical role in shaping operational integrity, especially in industries such as telecommunications and banking.
Bahamas targeting 20 air connectivity agreements
The Bahamas is aiming to boost tourism and airlift connectivity by signing air services agreements with up to 20 countries at an international conference next week.
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Wednesday, October 16, 2024
‘Market share fight’ as yacht charters fall 40%
Bahamian marinas face “a fight to get back market share” that will take years as a study revealed more than-tripling tax rates cost this nation $90m through a 40 percent slump in foreign yacht charters.
PM pledges full energy reform disclosure within three weeks
The Prime Minister yesterday pledged that all details on New Providence’s energy generation, grid and renewable reforms will be fully disclosed in Parliament within the next three weeks.
Graycliff targets visitor tripling to 5,000 daily
Graycliff yesterday unveiled ambitions to triple its daily cruise ship visitors to 5,000 through expansion that involves “taking over” the nearby Mountbatten House and adding up to 42 new jobs.
