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Get 'house in order' for aircraft registry

The Bahamas will be unable to fulfill its aircraft registry ambitions unless it “gets its house in order” on the industry’s civil aviation regulatory regime, a Cabinet minister has admitted.Dionisio D’Aguilar, pictured, minister of tourism and aviati

‘Buddy Marvellous’: Hield wins NBA All-Star 3-Point contest

Buddy Hield needed a nearly perfect final round to become the NBA’s new three-point champion and the Grand Bahama native did just that to highlight his appearance at the league’s All-Star Weekend.

Bahamas must 'adapt to survive' natural disasters

THE Bahamas must allocate the necessary time and resources to “adapt to survive” natural disasters according to a local engineer, noting that ‘millions’ will be needed to upgrade the country’s physical and environmental protection. Carlos Palaciou

Baha Mar 'unsure what caused' halt in benefit payouts

A senior Baha Mar executive was last night "unsure what caused" the delay in resort employees receiving their unemployment benefit but said the situation had been resolved at one of its properties.

'Grey clouds' must lift to get Cable dividends

Cable Bahamas' top executive says dividend payments to ordinary shareholders will only resume after "some of the grey clouds" presently hovering over the Bahamian economy disappear.

Liquidator concern on $8m taken from collapsed broker

A Bahamian broker/dealer’s liquidator has voiced concern that its majority shareholder and then-senior management removed over $8m in the two-and-a-half years prior to its insolvency.

Realtor fears for Bahamas over Democrat wins

A prominent realtor yesterday warned that Democratic control of both houses in the US Congress could hit The Bahamas' post-COVID recovery if the party moves to push through steep tax hikes.

$400m shortfall: 'We're running out of options'

A former finance minister is warning that The Bahamas' $400m foreign currency deficit could be the start of "a quite worrisome trend", and added: "We're running out of options."

Cable’s $70m loan remedies ‘breaches’ with Aliv bond terms

Cable Bahamas’ $70m long-term loan to its Aliv affiliate was yesterday said to have remedied the mobile operator’s non-compliance with conditions attached to $60m in previously-issued bonds.

Next Govt urged: Break ‘constant borrowing mindset’

The Chamber of Commerce’s chairman yesterday urged the next Government to “break the mindset of constant borrowing” and enable the Bahamas to finally get a grip on its recurring fiscal deficits.

Davis blasts 2,500 job cuts in public sector as 'shameful'

PROGRESSIVE Liberal Party Leader Philip “Brave” Davis said he is not surprised by the latest unemployment figures, which highlights a “shameful” public sector shrinkage of more than 2,500 jobs, adding he believes the number will double once the compl

MONEY MATTERS: Early training start right on the money

Of all the things parents decide to have a serious conversation with their children about, money rarely makes the list. That is understandable but unfortunate. Understandable because of the significant negative consequences associated with many of th

Tolls, not taxpayer, will fund PI bridge 'deficit' if needed

THE Bridge Authority’s $9.4 million “deficiency” will “not be put on the taxpayer”, a Cabinet Minister pledged yesterday, saying any financing needs would have to be met by increased toll fees.Desmond Bannister, the minister of works, told Tribune Bu

Aliv’s $15m offering could ‘double’ goal

ALIV’s advisers yesterday expressed confidence that its latest $15 million capital raising, which launches Monday, could raise double the target despite lower-than-forecast revenue margins.

Bahamas ‘going backwards’ over government size

The Bahamas is “going backwards” because the $1 billion-plus Value-Added Tax (VAT) revenues are being used incorrectly in expanding the size of government, the Democratic National Alliance’s (DNA) leader charged yesterday.

Baha Mar construction finish to require $400m

Baha Mar’s construction completion will cost some $400 million, the Central Bank said last night, with around 95 per cent of the project’s full-time employees to be Bahamian.

‘No political party is committed’ to cutting Govt size

Shrinking the size of government will be extremely hard to achieve in the Bahamas, a well-known businessman believes, because “no political party is committed to it as a philosophy”.

Govt takes just 1/3 of BOB bond

The Government took up just one-third of Bank of the Bahamas’ controversial $30 million bond issue, which is now at the centre of the latter’s regulatory dispute with the Central Bank.

Glimpse of a Minnis doctrine

Students of politics who parse words and debate policy were absolutely delighted with the first public statements by the new Prime Minister.

Bahamas can’t afford ‘another five years’ of secretive governance

The Bahamas cannot afford “another five-year cycle” of unaccountable government spending, a governance reformer warned yesterday, arguing that a Fiscal Responsibility Act should have “preceded” Value-Added Tax (VAT).

The Tribune

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