The Government’s alleged failure to prevent “unauthorised development activities” at Clifton Bay by Peter Nygard and his attorney, Keod Smith, is to be challenged by Judicial Review.
Sales of high-end Bahamian properties valued at more than $1 million have increased by 20 per cent year-over-year, with top realtors telling Tribune Business that serious buyers are “not just kicking tyres”.
An MP has admitted there is “a sub-set of Bahamians” who are unemployable, due to the absence of job skills or being “scarred for life” by previous criminal convictions.
A senior National Insurance Board (NIB) executive refuted Gregory Moss’s denial of allegations that he sought to push a $42,000 energy audit contract to a firm owned by one of his business partners.
THE Government needs to establish the proper regulatory framework for “environmentally responsible development”, a prominent Bahamian attorney warning this nation would “pay the price” if such protection was not enforced.
The benefits of an enhanced food safety regime “far outweigh” the implementation costs, a Cabinet Minister believing it could ultimately result in “significant” consumer savings.
Commonwealth Brewery’s managing director has expressed concern about a 2013 first quarter increase in spirits smuggling, although total sales remained “higher than historical trends”.
THE high cost of energy in the Bahamas is “hampering” national development, a prominent environmental attorney arguing that this nation’s almost-zero renewables penetration showed reform opportunities were being wasted.
Cable Bahamas has launched its REVON Extreme service, which with Internet speeds of up to 70 megabits per second is self-described as the fastest of its kind for Bahamian residential customers.
THE MINISTER of State for Legal Affairs said yesterday that the 15,000 file backlog at the Registrar General’s Department should be alleviated by month’s end, pledging major improvement through putting services on-line.
Commercial banks are “inviting” the Government to intervene in their lending practices, a top businessman warned yesterday, because they are “fuelling” behaviour that does not benefit the Bahamas.
The Government will “not abandon” this nation’s $146.56 million annual export trade with Canada, Tribune Business was told yesterday, should the Bahamas’ guaranteed market access be jeopardised.
The Bahamas has secured “sponsored exemptions” from the US Foreign Account Tax Compliance Act (FATCA) for its key financial services products, having chosen to comply via a government-government deal.
The Bahamas’ inability to generate economic growth over the past decade is “a recipe for economic and social disaster”, a Cabinet Minister warned yesterday, urging the private sector to lose its fear of international trade.
Bahamas Realty says that as a result of hosting the NAI Global Regional Conference last week, it has received “serious interest” in its multi-million dollar Union Wharf listing.