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Chamber chief: ‘We can’t settle for 2.1% GDP rise’
The Bahamas must “challenge itself” to achieve higher GDP growth rates than the 2.1 percent expansion projected for 2019, the Chamber of Commerce’s chief executive has urged.
RoyalStar targeting Caribbean acquisition
RoyalStar Assurance and its Trinidadian partner are targeting a Caribbean acquisition that is expected to close before year-end 2019 as part of a regional expansion strategy.
Aircraft registry needs ‘glaring advantages’
The Bahamas must develop “glaring advantages” over rival jurisdictions if its proposed aircraft registry is to overcome its late market entrance, a Cabinet minister admitted yesterday.
‘Ball’s rolling’ on new multi-billion industry
The Bahamas could unlock a potential “multi-billion dollar industry” if it gets its planned aircraft registry right, an aviation legal specialist said yesterday, adding: “We have great momentum.”
Realtors: IMF’s price index will ‘require work’
Realtors yesterday backed the IMF’s call for the creation of a Bahamian real estate price index but warned it “will take a lot of work” to obtain the necessary information.
'FNM hypocritical over firing then re-hiring'
PROGRESSIVE Liberal Party chairman Fred Mitchell yesterday ridiculed Public Service Minister Brensil Rolle for admitting that a “large number” of the 9,000 people hired under the Christie administration have been re-engaged by the Minnis administration.
Super Value chief warns on potential paper plant close
Super Value’s principal has warned he may have to close his paper manufacturing plant due to tariff cuts, as he called on the government to outline WTO’s benefits instead of attacking him.
THE 600 CLUB: Buddy Hield sets new 3-point record
Buddy Hield has now made more three-point field goals than any other player in National Basketball Association history through their first three seasons in the league.
FamGuard general agency’s ‘historical’ $4m top-line break
Family Guardian’s general insurance agency broke the $4m top-line barrier for the first time in 2018, its group president saying this showed it shrugged off a “challenging economy”.
Bahamas at crossroads through financial reform
The Bahamas is considered a tax haven for both companies and people alike.
FamGuard chief hails Leno deal as 'win-win'
Family Guardian’s president yesterday hailed the offloading of its under-performing pensions and capital markets business to Leno Corporate Services as a “win-win” for all parties.
Searching for junior tennis stars on rise
The President of the Southwest Tennis Club (SWTC), Mike Butler, organised a tennis tournament for beginners at the Flamingo Gardens tennis courts.
Bahamas ‘deliberate’ over WTO accession strategy
THE government will be “deliberate” in ensuring that The Bahamas’ WTO accession terms reflect its peculiar economic vulnerabilities and realities, a Cabinet minister has pledged.
INSIGHT: An old ally, stuck in the wilderness, looking for friends
“At this moment it’s not possible for us to go into the Bahamas,” conceded Dr Timothy Hsiang, Secretary General of Taiwan’s International Cooperation and Development Fund (ICDF).
Hotels pile up 48% rise in revenue
The hotel industry's "most robust performance for 12 years", highlighted by January's 48 percent year-over-year room revenue increase, was maintained for the entire 2019 first quarter.
It's hard to influence PM
Lawyers are taught that in order to prevail in the courtroom the premise of their argument must be more plausible than the conclusions they draw.
Financial provider set to trigger expansion
A Bahamas-based multi-family office, which plans to double its workforce by launching a new business and investment fund, says this nation must avoid the “rogue country” label at all costs.
GAIN AN EDGE: Kristal’s battle to tackle Bahamas’ plastic pollution
Kristal Ambrose is a changemaker. She has participated in research conferences around the world and has been recognized for her fight in ending plastic pollution. Kristal’s advocacy and the work of a Bahamian non-profit she founded have also been featured in international publications showcasing the work of environmental innovators.
Colina suffers 26% profit drop in 2018
Colina Holdings (Bahamas) suffered a 26 percent year-over-year net income decline in 2018 as a result of increased policyholder claims, it revealed last night.
Nassau air arrivals strike 28-year peak
Air arrivals to New Providence achieved their highest quarterly growth for 28 years during the final three months of 2018, expanding by 20.6 percent to complete a strong year for Bahamian tourism.
