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S&P ‘wants more’ from Gov’t on spending curbs
Standard & Poor’s (S&P) wants “more detail” from the Government on how it plans to curb its spending, its lead Bahamas analyst describing 2015 as “a pivotal year” for this nation and its economy.
Gov’t targets ‘balanced Budget’ until end-June
The Government is targeting a near-balanced Budget for the fiscal year’s second half, a target that one private sector executive yesterday described as “very ambitious”.
‘Breath of fresh air’: 150k cruise arrivals over Xmas
The Downtown Nassau Partnership’s (DNP) co-chair yesterday hailed the increase in cruise ship traffic as a “breath of fresh air” for business with close to 150,000 passenger arrivals forecast for Christmas week.
INSIGHT – A JOURNALIST’S VIEW OF INDIA: Emerging technological powerhouse struggles with pollution and poverty
FROM its rich history to its colourful heritage and diverse culture, India has a lot to offer. It was a fact that I became increasingly aware of each day during my visit to the country last month.
RoyalStar: 15% of profits from ‘bad mortgage’ link
RoyalStar is aiming to “diversify” by building a closer relationship with its mortgage restructuring affiliate, its top executive yesterday revealing this will generate 10-15 per cent of its profits within the next three years.
WHY AREN’T THEY TESTING PEOPLE? Questions raised over why large numbers are not taking Day Five test
DOCTOR Michael Darville, the co-chair of the Progressive Liberal Party’s COVID-19 task force, says the revelation that 46 percent of travellers to The Bahamas have not taken the COVID-19 antigen test after five days in the country is alarming and should “greatly concern” Bahamians.
Minister: No decision yet on Bay Street height restrictions
A CABINET minister says no decision has been made on calls to revise downtown Nassau’s height/zoning restrictions, amid fears they are deterring investment to spark the city’s revival.Dionisio D’Aguilar, minister of tourism, told Tribune Business in
Medical Pavilion performs groundbreaking breast implant surgery
THE team of professionals at the Medical Pavilion led by Dr Conville Brown recently performed a pioneering breast implant surgery – a first, groundbreaking procedure for advanced medical tourism in the Bahamas.The successful procedure was done on an
Port's 50% tariff slash 'for masses, not few'
Nassau’s main commercial shipping port yesterday pledged that slashing all tariff rates by 50 percent for the next month will ease the COVID-19 pain for “the masses rather than the select few”.
A COMIC'S VIEW: The good, the bad and the ugly of the new Cabinet
THIS week, we welcomed the first whole week of Progressive Liberal Party (PLP) governance, once again.
RICHARD COULSON: How BISX falls short
Our Bahamas International Securities Exchange (BISX) recently launched its “new and improved, user friendly, website”. Just type www.bisxbahamas.com on your computer, and there it is ... unfortunately, a damp squib.
Govt ‘almost there’ on Grand Lucayan
The Government feels it is “almost there” in resolving the Grand Lucayan resort’s fate, a Cabinet Minister yesterday saying negotiations had reached “a good but very sensitive” stage.
GOOD TO KNOW: The dark side of plastics
Our toxic love of plastic might be sending us to an early grave. Prostate and breast cancer rates have risen exponentially over the past couple of decades, fertility rates in men and women have dropped dramatically, young girls have entered early puberty, young boys have become increasingly hyperactive, and children have become obese.
'Highly efficient' Bahamas: OECD praises 85% tax mark
The Bahamas has been praised by the Organisation for Economic Co-Operation and Development (OECD) for the “highly efficient manner” in which it deals with tax information requests, processing 85 per cent within six months of receipt.
Report urges oversight controls
THE independent report commissioned into the Urban Renewal Small Home Repairs programme called for the government to immediately establish a litany of controls to increase oversight of the project’s operational management and payment system.
CCA breaks ground on $250m Bay Street development
CHINA Construction America yesterday broke ground on its $250m Bay Street luxury development with no end in sight to its dispute with mega-resort Baha Mar over the completion of the $3.5bn Cable Beach project.
Private sector brands VAT compliance ‘very impressive’
Super Value’s owner has described initial Value-Added Tax (VAT) compliance rates as “very impressive”, amid hopes there has been “a paradigm cultural shift” in attitudes towards paying taxes.
Smith calls on Mitchell to remember his activist days
HUMAN rights activist Fred Smith is calling on Immigration Minister Fred Mitchell to remember his “Human Rights days” and do his job in a lawful, organised and systematic way.
Palm Cay marina targets 50% slip rental growth
The manager of New Providence’s newest full-service marina yesterday said he is expecting a “solid season” that could see a 50 per cent improvement in boat slip rentals, and an even greater increase in fuel and other services sales.
Ground broken on $15m solar farm project
LUCAYA Solar Power Ltd. officially broke ground on its $15m solar farm project in Freeport on Friday.
