Attorney delighted ‘licensees not held hostage’ on taxes
A Freeport attorney yesterday expressed relief that the Government had not sought to “hold the licensees hostage” over the 20-year ‘blanket’ extension of their tax breaks.
Environment Ministry faces ‘legislative gap’
A Cabinet minister yesterday said the Government needs to “close the legislative gap” and establish the Ministry of Environment in law, enabling its Minister to introduce Bills when necessary.
Web shop gaming impact is a lottery
An Exuma businessman examines the impact of gambling’s proliferation, and what can be done to control it
ELECTIONS have consequences. The Free National Movement (FNM) won the recent election, so Prime Minister Hubert A. Minnis and his Cabinet must now make decisions.
Homeowner Protection Act must be 'fair to all'
The Government plans to review the Homeowners Protection Act to ensure it “is fair to all concerned” following industry complaints, the Deputy Prime Minister has confirmed.K P Turnquest told Tribune Business that the Minnis administration plans to co
Aliv gets 13,000 ports at 'accelerated pace'
THE Bahamas’ second mobile provider yesterday predicted it will complete its nationwide roll-out “well ahead” of target, having attracted 13,000 subscriber ‘ports’ at an “accelerating pace”.Damian Blackburn, Aliv’s chief officer, told Tribune Busines
BPL chair warns Bahamians: ‘No pain, no gain’
REFORMNG Bahamas Power & Light (BPL) may cause “pain” for Bahamians, its chairwoman yesterday warning that its $600 million legacy debt and liabilities “cannot be ignored”.
Baha Mar liquidators decline extension for Breezes land transfer
BAHA Mar’s secured creditor wanted liquidators to remain in place until the land swap with SuperClubs Breezes is completed - a request they were reluctant to comply with.
Bahamas has ‘ways to go’ on Gov’t Board governance
THE Bahamas “has a ways to go” in ensuring Government Boards are staffed by suitably-qualified persons, a prominent accountant said yesterday.
BPL makes provision for renewable funding
BAHAMAS Power & Light (BPL) has set aside financing to incorporate renewables into its energy generation mix, its newly-appointed chief executive said yesterday.
BACO founder: Regulation is ‘no substitute’ for governance
A FORMER Senator yesterday said regulation was “no substitute” for good governance at financial services institutions.
Trade missions ‘big part’ of Chamber’s agenda
THE Bahamas Chamber of Commerce and Employers Confederation (BCCEC) is pushing for more reciprocal trade arrangements, its chief executive describing this as a “big part” of the agenda going forward.
Uncertainty if Baha Mar completion target struck
Neither Baha Mar nor its main contractor were last night able to confirm whether Sunday’s ‘substantial completion’ target for the $4.2 billion project had been met.Robert Sands, Baha Mar’s senior vice-president of government and external affairs, tol
Financial provider slams 'absurd' IMF
A BAHAMIAN financial services provider yesterday slammed the IMF’s “absurd” conclusion that this nation has minimised the economic impact of the sector’s contraction.Paul Moss, principal of Dominion Management Services, told Tribune Business that the
Aliv: $5.6m bond release shows roll-out targets hit
THE Bahamas’ second mobile operator yesterday said more than 4,000 subscribers have switched to its network, with regulators releasing $5.6 million from its performance bond.Damian Blackburn, Aliv’s chief executive, said the Utilities Regulation and
Mail boat woes 'unacceptable in the 21st century'
MAIL boat practices are creating further hardship for Family Island economies, a Chamber of Commerce executive yesterday warning: “This is not acceptable in the 21st century.”Roderick Simms, chair of the Chamber’s Family Island division, told Tribune
