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EDITORIAL: What next for Downtown?
AS the ribbon was cut on the new cruise port on Friday, much of the discussion was centred not on the new facility – but on what it means for Downtown.
'Huge lift': Land free-up for Bay Street's revival
A former tourism minister yesterday admitted that reviving downtown Nassau is "a huge lift" that would require "cutting" a corridor from East Street through to Dowdeswell Street to free-up land for redevelopment.
GAS DEALERS WANT 30 CENT INCREASE – Association: Govt discussed change to fuel margins
Petroleum retailers say they refuse to become "paupers" as they intensify demands for a 30 cent per gallon margin increase which they have been seeking to obtain from the Government since April 2022.
Engineer says 2023 'hottest' year for construction projects
The Bahamas Society of Engineers (BSE) president says 2023 is the “hottest” year for construction-related development that he has seen in a long time as there are “projects all around".
EDITORIAL: Rulings give glimpse into Baha Mar debacle
THE latest in the courtroom battles over Baha Mar has proven to be a resounding legal victory for Sarkis Izmirlian.
Bahamas Striping working to improve Eleuthera and Long Island roads
BAHAMAS Striping Group of Companies (BSGC) general manager Melanie Roach said the company is working to improve roads on Eleuthera and Long Island.
Judge: 'Now clear' Baha Mar sabotaged by CCA
Sarkis Izmirlian yesterday secured a major legal victory after a New York judge ruled "it is now clear" that China Construction America (CCA) sabotaged Baha Mar's completion and orchestrated the developer's removal.
Trade Policy aims to break export barriers
A Cabinet minister yesterday asserted that the newly-launched National Trade Policy will play a key role in helping to diversify the Bahamian economy through the creative industries plus sectors such as agriculture and fisheries.
Bright spots for The Bahamas
Informed observers have long understood the persistence of regressive tax policies to be one of our biggest development challenges since independence.
Corporate income tax is 'wrong way around'
The Opposition's finance spokesman yesterday argued that The Bahamas has corporate income tax "the wrong way around" because the proposed reform options are forecast to suck "more money" from the private sector via taxation.
PM says dealers 'impacting themselves' with diesel halt
The Prime Minister yesterday said his "technical team" is working on a resolution to the petroleum dealers' margin increase demands as many continued the halt to diesel sales for a third day.
DIESEL SALES HALT TO LAST UNTIL MARGIN RESOLUTION: However, sites owned by FOCOL continue to make fuel available
Bahamian petroleum retailers have "no intent to disenfranchise the motoring public", their president asserted yesterday, as he warned that the halt to diesel sales will "go on until such time" as their plight is resolved.
Bank shrugs off $2.8m fee rise to 'beat target by 54%'
Commonwealth Bank yesterday revealed its $19.58m first quarter profits "exceeded expectations by 54 percent" despite having to contend with a more than one-third year-over-year increase in licence fees.
'Anyone who wants diesel able to buy it'
FOCOL Holdings chairman yesterday voiced optimism that "anyone who wants to buy diesel on this island can get it" even though "the majority" of petroleum retailers were said to have stopped sales of this fuel.
Silver Airways adds two routes to Family Islands
A US airline has added two non-stop routes to the Family Islands from Orlando this past weekend.
Court of Appeal stays Gibson corruption trial
THE Court of Appeal stayed Adrian Gibson’s corruption trial yesterday pending the outcome of his appeal of a ruling from Justice Cheryl Grant-Thompson.
INSIGHT: Atlantis throwing its weight around over competitors
THE waters around Atlantis seem far from peaceful these days.
WORLD VIEW: 1.5°C is upon us - are we prepared?
THE report on May 17, from the World Meteorological Organization, (WMO) that global temperatures are likely to surge to record levels in the next five years should have sent all Caribbean institutions, such as the CARICOM Secretariat, the Caribbean Development Bank, and the Caribbean Community Climate Change Centre, into overdrive to explore further ways in which the region could accelerate efforts to avert this calamity.
Corporate tax plan 'dead on arrival' unless wider reform
The Government's corporate income tax consultation will be "dead on arrival" if it does not involve a "holistic" approach to comprehensive Bahamian tax reform, a prominent banker warned yesterday.
Stay of proceedings ordered in Adrian Gibson trial
A STAY of proceedings has been ordered in the Adrian Gibson corruption trial pending the determination of an appeal hearing.
