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Baha Mar remains Gov’ts economic ‘Achilles heel’
THE Bahamas Chamber of Commerce’s (BCCEC) chief executive yesterday said he was “sceptical on the timelines” for a Baha Mar resolution, describing the $3.5 billion project as the Government’s economic “Achilles heel”.
Physician fears NHI care ‘dumbing down’
A well-known physician yesterday expressed concern that National Health Insurance (NHI) could create “a dumbing down” in healthcare quality in the Bahamas, and likened the gap between the Government and private sector to “a chasm”.
Freeport suggestions to Gov’t ‘in 2 weeks’
The Government will likely receive recommendations on Freeport’s short and long-term future within the next two weeks, the Opposition’s deputy leader yesterday calling for “quid pro quos” in return for extending the city’s tax breaks.
US gives Cable growth ‘4 times’ that in Bahamas
Cable Bahamas yesterday said its US expansion had generated growth that would take three-four years to achieve in this market, having enjoyed an “immediate” 26 per cent top-line boost.
Realtors targeting $40m sales to wake ‘sleeping giant’
Bahamian realtors yesterday said they were targeting “$40-odd million” in total sales as they bid to awaken the ‘sleeping giant’ that is the Lyford Hills project, which is being developed by ex-Cabinet minister Tennyson Wells.
All Govt’s ‘committed sins’ managing nation
A Cabinet Minister yesterday admitted that successive governments had “committed some sins” in failing to properly manage the Bahamas, as he warned: “The world is leaving us behind.”
Moody’s to make Govt ‘come clean’
Moody’s downgrade threat will force the Government “to come clean”, the DNA’s leader said yesterday, and be more accountable and transparent than it has been with the Bahamian people on the nation’s fiscal crisis.
Insurers: ‘Light at end of tunnel’ over taxation
Bahamian insurers yesterday voiced relief that there is “light at the end of the tunnel” after the Government said it would drop plans to move the industry to a Business Licence fee taxation regime.
Insurers: Don’t sleep on EU blacklisting ‘breathing room’
The Bahamas must not fall asleep after it gained “two years’ breathing room” to escape the European Union’s (EU) tax blacklist and preserve up to 40 percent of its hurricane reinsurance capacity, insurers are warning.
‘Unprecedented’: Hotel staff enjoyed slow season boost ‘unpred
Many hotel staff worked “unprecedented” five-day weeks during the tourism season’s slowest months, a union leader revealed yesterday, as he bids to complete multiple new industrial agreements in early 2023.
Cable blasts 'unfair advantage' for BTC
Cable blasts 'unfair advantage' for BTC By NEIL HARTNELL Tribune Business Editor Cable Bahamas has blasted the proposed licensing plan for a key wireless spectrum band for giving an "unfair advantage" to the Bahamas Telecommunications Company (BTC), urg
Ex-BCA chief says $15m to Bahamians for roadworks 'low'
Ex-BCA chief says $15m to Bahamians for roadworks 'low' By NEIL HARTNELL Tribune Business Editor A former Bahamian Contractors Association (BCA) president yesterday said the 13.7 per cent of work sub-contracted out to Bahamian firms on the New Providenc
Ex-BCA chief says $15m to Bahamians for roadworks 'low'
Ex-BCA chief says $15m to Bahamians for roadworks 'low' By NEIL HARTNELL Tribune Business Editor A former Bahamian Contractors Association (BCA) president yesterday said the 13.7 per cent of work sub-contracted out to Bahamian firms on the New Providenc
Real property tax compliance 'higher than in the past'
By NEIL HARTNELL Tribune Business Editor Real property tax compliance is "higher than in the past, that's for sure", a government minister telling Tribune Business yesterday that new administration/enforcement measures would "yield" improved collection r
Bahamians urged: Show ‘more ‘outrage’ over financial crimes
BAHAMIANS were yesterday urged to show “more outrage” over financial crime and poor business practices, a prominent cleric arguing that these had become “entrenched in our culture”.
Consumer chief set to investigate BPL bill spike
The Consumer Protection Commission’s chairman last night promised to investigate the “double” and “triple” energy bill increases many consumers are now experiencing as a result of Bahamas Power & Light’s (BPL) post-Matthew billing practices.
ATLANTIS TAKEOVER 'BEST THING THAT EVER HAPPENED'
By NEIL HARTNELL Tribune Business Editor Brookfield Asset Management's ownership takeover at Atlantis and the One & Only Ocean Club has been described by a leading accountant as "the best thing that ever happened for the Bahamas". Raymond Winder, managin
ATLANTIS TAKEOVER 'BEST THING THAT EVER HAPPENED'
By NEIL HARTNELL Tribune Business Editor Brookfield Asset Management's ownership takeover at Atlantis and the One & Only Ocean Club has been described by a leading accountant as "the best thing that ever happened for the Bahamas". Raymond Winder, managin
ATLANTIS TAKEOVER 'BEST THING THAT EVER HAPPENED'
By NEIL HARTNELL Tribune Business Editor Brookfield Asset Management's ownership takeover at Atlantis and the One & Only Ocean Club has been described by a leading accountant as "the best thing that ever happened for the Bahamas". Raymond Winder, managin
ATLANTIS TAKEOVER 'BEST THING THAT EVER HAPPENED'
By NEIL HARTNELL Tribune Business Editor Brookfield Asset Management's ownership takeover at Atlantis and the One & Only Ocean Club has been described by a leading accountant as "the best thing that ever happened for the Bahamas". Raymond Winder, managin
