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Judicial Review over Nygard 'breach of duty'

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.

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Realtors enjoy 20% high-end sales rise

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”.

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MP: 'Sub-set of Bahamians are unemployable'

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.

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Top NIB executive refutes Moss denial

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.

Bahamas will 'pay the price' without environmental law

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.

Food regime benefits 'far outweigh' the cost

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.

Brewery concerned on spirits smuggling rise

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”.

Bahamas 'wasting' energy reform chances

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.

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Cable launches its 'Extreme' Internet

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.

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Registrar General clears 15,000 file backlog

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.

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Banks 'inviting' Gov't intervention

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.

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Gov't will 'not abandon' $146m Canada trade

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.

Bahamas gets key FATCA exemptions

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.

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Stagnant GDP growth 'recipe for disaster'

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.

Conference sparks 'serious interest' in Union Wharf

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.

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