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Regulatory uncertainty 'stunts' Bay Street revival
DOWNTOWN Nassau’s revival is being “stunted” by regulatory confusion that is deterring potential developers and financiers, a senior realtor warned yesterday.Charles Christie, C. A. Christie Real Estate’s president, said zoning restrictions - especia
‘Polish product’ to maximise record-breaking cruise port
Downtown Nassau must “polish its product” to maximise the benefits from the “busiest cruise port in the world”, which is this week enjoying a record-breaking 32 vessel berths.
ALICIA WALLACE: We need to have our say at climate talks
IN less than two weeks, world leaders and activists will meet at COP26, the United Nations Climate Change Conference. The conference will be hosted by the United Kingdom in partnership with Italy. Parties that signed the 1994 United Nations Framework Convention on Climate Change (UNFCCC) treaty.
STATESIDE: States’ rights could signal trouble ahead for Trump
America is the United States of America. The 50 states all agreed, upon gaining entry into the confederation that is the USA, to subordinate their preferences in several areas to those of the federal government in Washington, DC. Areas often cited for exercise of this federal primacy are national defence, foreign affairs and intelligence operations. Other examples are maintenance and development of transportation networks such as federal roads and waterways.
INSIGHT: National stock can rise by spreading share ownership
As the country begins the recovery after Hurricane Matthew, Richard Coulson says now more than ever the BISX needs to be reconstructed to help the Bahamian economy grow.
FUND 'BELOW PAR' AFTER 50% VACANCY CUT FAILURE
By NEIL HARTNELL Tribune Business Editor The Bahamas Property Fund's failure to cut the 20 per cent vacancy rate at its flagship Bahamas Financial Centre by half meant its 2011 performance fell "slightly below expectations", although last May's Bahamian
Knowles celebrity tennis event a blast
MARK Knowles, not yet feeling the effects of being a retired professional tennis player, was pleased with the support he got from his peers for the 12th version of his Celebrity Tennis Invitational that was held at the Atlantis Tennis Center on Paradise Island over the weekend.
Bahamas Union of Teachers at the Ministry of Labour for conciliation talks
Conciliation talks started this morning.
Battle resumes over $7m West Bay condo wind-up
The long-running legal battle over an upscale, $7 million West Bay Street condominium project has reignited over attempts to place it into court-supervised liquidation, Tribune Business can reveal.
Attorneys: Real estate legal work down 90%
Two leading attorneys yesterday said real estate-related legal work in Freeport was down by “more than 90 per cent” compared to pre-recession levels, with an Albany or Baker’s Bay-style development vital to a market turnaround.
Financial sector not growing enough to cope with 100 job losses
The Bahamian financial services industry is not growing at a fast enough rate to absorb the more than 100 job losses announced year-to-date, the Opposition’s finance spokesman fears.
DRUM UP THE SPIRIT AND PUT INDEPENDENCE CELEBRATIONS IN TOP GEAR
By Rev Canon S. Sebastian Campbell
'Punished for being a bold, independent thinker'
MARVA Moxey, third child of Ed Moxey, creator of Jumbey Village, told those gathered to pay tribute to her 80-year-old father Friday night of the hardships the family suffered because they were Moxeys – particularly the children of the former PLP parliamentarian.
‘Complete disaster’ for 2,026 Baha Mar workers
The Government’s Baha Mar ‘liquidation strategy’ was yesterday branded “a complete disaster” by a former Board director, after the Supreme Court authorised the termination of 2,026 employees.
CCA pursued new work while Baha Mar ‘failed’
Baha Mar’s contractor was allegedly so busy pursing work on other Caribbean mega resort projects that it failed to focus on the $3.5 billion development “at a crucial time”, bringing it to the “point of failure”.
Sarkis to local creditors: Unite to pursue $192m
Baha Mar’s original developer yesterday moved to intensify pressure on the Government by calling on the several thousand Bahamian creditors to unite behind pursuit of a $192 million legal claim against the project’s contractor.
TRIBUNE BUSINESS OPINION: New approach needed to break Baha Mar deadlock
Neil Hartnell suggests how to exploit the breathing space provided by the Supreme Court and resolve the 10-month impasse
TOUGH CALL: The Yellow Brick Road or the road to Hell?
LIKE others, I spend a lot of time grazing on social media these days. Although you have to wade through muddy water, it is one of the best ways to gauge the opinions of a wide cross-section of Bahamians.
Minority interest holds UK political power in the balance
The race is finally on. Following last week’s dissolution of Parliament by The Queen, official campaigning is under way in the lead-up to a General Election in Britain on May 7. Six hundred and fifty seats at Westminster will be contested and few would dare predict the outcome of what is likely to be an exceptionally close battle.
Bay St: 'Get on board or get out of the way'
An ex-Deputy Prime Minister yesterday said Perry Christie was effectively telling Bay Street stakeholders “to get on board or get out of the way” over Chinese plans to redevelop downtown Nassau, questioning whether the Government was trying to “socially re-engineer” the city.
