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Central Bank in multiple exchange control eases
THE Central Bank last night unveiled multiple reforms to further relax The Bahamas’ exchange control regime that it believes will not create any “material” risks for the US dollar peg and wider economy.
GAIN AN EDGE – Sophia Walker: BTVI helping to boost and enhance employment skills
IT has been over ten years since Sophia Walker began serving on Programme Advisory Committees (PAC) of the Bahamas Technical and Vocational Institute (BTVI).
‘Specialist skills dearth’ hurts financial services
A “DEARTH of specialist skills” in the legal and other professions is undermining the Bahamian financial services industry’s competitiveness, a prominent KC warned yesterday.
DPM’s alarm: ‘Shockingly low’ GB Carnival port participation
The deputy prime minster has warned Grand Bahama businesses not to be “passive observers” of the island’s economic revival after their initial participation in Carnival’s $600m port project was “shockingly low”.
Regulator pledges probe into BPL’s fuel charges
REGULATORS yesterday again pledged to investigate Bahamas Power & Light’s (BPL) fuel charge and how this is calculated to ensure consumers are protected after last year’s up to 163 percent hikes.
‘Ship has sailed’ over Bahamas 15% revisit
THE Bahamian financial services industry’s call to “revisit” the 15 percent minimum global corporate tax is too late because “that ship that has sailed”, a prominent local banker warned yesterday.
Taxi fare increase gazetted - and ministry to meet drivers
THE fare increase for taxi drivers has been gazetted, Minister of Energy and Transport JoBeth Coleby-Davis said yesterday.
More than 200 eviction notices issued in Eleuthera shanty towns
THE Ministry of Works has issued over 200 eviction notices in Eleuthera shanty towns and hopes to post more this week.
Kate, Princess of Wales, says she has cancer and is undergoing chemotherapy
LONDON (AP) — Kate, the Princess of Wales, has cancer and is undergoing chemotherapy, she said Friday in a stunning announcement that follows weeks of speculation about her health and whereabouts.
‘Crack down on real’ maritime tax evaders
THE Government was yesterday urged to “crack down on the real tax evaders” in the maritime industry as opposed to continually hiking fees on the same compliant businesses that always pay.
Cooper defends Prime Minister’s travels, dismisses car controversy
DEFENDING Prime Minister Philip "Brave" Davis' travels yesterday, acting Prime Minister Chester Cooper said former Foreign Affairs Minister Darren Henfield did not travel enough.
Shock as tornado hits woman’s home
A TORNADO ripped through Deidre Miller’s South Ocean Boulevard home on Saturday, leaving behind a damaged roof, shattered glass and torn-down doors.
Legal win for Sandals on ex-butler sex claims
SANDALS Royal Bahamian and its parent have won two legal victories in just over a month against a US couple who generated massive global publicity in making claims of indecent assault against an ex-butler.
‘Big question mark’ on Boating Act insurance
CONCERNS were yesterday raised over whether there is sufficient local insurance capacity to meet the new Boat Registration Act requirements as one carrier deemed the sector “too risky” to cover.
STATESIDE – Southcom commander on Haiti intervention: ‘Not right now’
LAURA Richardson is only the second woman to hold 4-star rank in the US Army. And she is the first female commander of the US Southern Command.
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