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Economist: Enterprises Bill $250k should be ‘bit higher’
THE Commercial Enterprises Bill’s $250,000 investment threshold should have been “a bit higher”, a University of the Bahamas economist argued yestrerday. Rupert Pinder, addressing the Rotary Club of West Nassau, said the $250,000 benchmark for foreign companies applying under the Bill did not match the level of incentives being granted.
Economist backs spending cuts to end ‘major wastage’
A University of the Bahamas economist yesterday backed government spending cuts on the grounds there has been “a great deal of wastage”. Rupert Pinder, addressing a Rotary Club of West Nassau luncheon, said: “We cannot overemphasise the importance of economic growth. You can cut spending until the cows come home, but what is really going to put this economy on a strong footing is growth. I am a proponent for cuts in public spending because I think there has been a great deal of wastage.
MSC deal to give Bahamian company ‘widest ever smile’
The Bahamian leaseholder of Ocean Cay will have “the biggest smiles ever” as a result of the deal that will see Mediterranean Shipping Company (MSC) take over the island for its $100 million cruise port.
Insurers unhappy at Gov’t ‘neglect’
The Bahamas Insurance Association’s (BIA) chairman says the industry believes the Government has neglected it, as there are numerous long-standing legal and policy issues it is still battling to resolve.
Union leader calls for Productivity Council
A leading trade unionist has called for the creation of a tripartite National Productivity Council, arguing that the Bahamian education was “designed for students to fail”.
Atlantis owner eyes 'significant' 5-year investment programme
The Atlantis resort’s owner is looking to invest a “significant sum” in a five-year capital expenditure plan for the Paradise Island resort, having pronounced itself “quite excited” to have completed the $1.9 billion refinancing.
$10m Port IPO hits the road
The roadshow for Arawak Cay Port Development's (APD) $10 million initial public offering (IPO), which kicked off last week, has received significant public interest, the company says. APD began the meetings at the Harry C Moore Library in Nassau, and the
Firm mulls legal fight on URCA licence revocation
Firm mulls legal fight on URCA licence revocation Sub-Deck: * Says that under Hawksbill Creek should not pay fees * 'No doubt' it can win case on merits By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A GRAND Bahama businessma
FIRM MULLS LEGAL FIGHT ON URCA LICENCE REVOCATION
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A GRAND Bahama businessman said yesterday he is considering whether to pursue legal action against the Utilities Regulation & Competition Authority (URCA) "as a matter of principle"
Firm mulls legal fight on URCA licence revocation
Firm mulls legal fight on URCA licence revocation By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A GRAND Bahama businessman said yesterday he is considering whether to pursue legal action against the Utilities Regulation & Comp
Firm mulls legal fight on URCA licence revocation
Firm mulls legal fight on URCA licence revocation By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A GRAND Bahama businessman said yesterday he is considering whether to pursue legal action against the Utilities Regulation & Comp
Firm mulls legal fight on URCA licence revocation
Firm mulls legal fight on URCA licence revocation By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A GRAND Bahama businessman said yesterday he is considering whether to pursue legal action against the Utilities Regulation & Comp
Firm mulls legal fight on URCA licence revocation
Firm mulls legal fight on URCA licence revocation By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A GRAND Bahama businessman said yesterday he is considering whether to pursue legal action against the Utilities Regulation & Comp
STRAW VENDORS SEE '200% SALES RISE' ON WHARF
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors said yesterday that their greater visibility along Prince George Wharf has increased sales volumes, with one vendor telling Tribune Business business was "200 per cent
DNA adviser pushes for tax, exchange reforms
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas should move towards changing its tax structure and explore an alternative system to exchange control, a well-known doctor and financial executive said yesterday. Dr Jona
Big Game afoot for Bimini
THE Big Game Club on Bimini yesterday said its re-opening had sparked a number of new tourism opportunities on the island. The resort is continuing to build its own tourism-focused base in 2012, promoting its traditional water sports activities, along wit
BAHAMAS 'PUNCHING WELL ABOVE WEIGHT' IN SHIPPING
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas "punches well above its weight" in the global maritime industry, the Bahamas Maritime Authority's (BMA) chairman saying yesterday that through its involvement with the I
Union 'not sitting idle' over Atlantis
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) is closely monitoring the Atlantis ownership situation, and is prepared to take legal action if necessary, its executiv
$10m Port IPO hits the road
The roadshow for Arawak Cay Port Development's (APD) $10 million initial public offering (IPO), which kicked off last week, has received significant public interest, the company says. APD began the meetings at the Harry C Moore Library in Nassau, and the
DNA LEADER BLASTS RIVALS ON ATLANTIS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DEMOCRATIC National Alliance (DNA) leader, Branville MCartney, last night heaped blame on both PLP leader Perry Christie and Prime Minister Hubert Ingraham over the continuing $2.5
