Sands: 'We will not scrap NHI'
SWITCHING $40 million from National Health Insurance to finance essential capital works will not produce taxpayer value, a Cabinet Minister pledging: “We will not scrap NHI.”Dr Duane Sands, minister of health, told Tribune Business that Bahamians wou
Arawak Port: Tough to match 157% profit rise
THE Nassau Container Port’s chief executive yesterday said it “will take something quite significant to repeat” 2017’s 157 per cent profits rise, which received a $1.1 million Baha Mar boost.Michael Maura told Tribune Business that Baha Mar’s remobil
Doctors chief labels $89m public health gap 'a bombshell'
THE Medical Association of the Bahamas’ (MAB) president has described revelations of an $89 million public healthcare funding shortage as “a bombshell”, and “warranting extreme concern”.Dr Sy Pierre told Tribune Business that the problems laid out by
Resort owner: 'We're all in same boat even more'
A Family Island resort operator yesterday stressed that tourism stakeholders must work together for the success of the destination as a whole, while calling for more nature-based offerings.“There are some barriers that we need to get over,” said Jeff
'We have lost our way' in tourism
ANDROS is the “gateway” for Bahamians to truly define themselves and invest in the tourism industry, an industry executive yesterday arguing: “We have lost our way.”Peter Douglas, Andros’s manager for sustainable tourism development, and a presenter
Standards essential to diversifying economy
STANDARDS that verify quality goods and services are essential if the Bahamas is to properly compete with global rivals in rules-based trading regimes, a Cabinet Minister said.Brent Symonette, minister of financial services, trade and industry and Im
Andros 'master plan'unveiled at Outlook
ESTABLISHING linkages between Androsian farmers and resort properties is one of several “quick wins” outlined in the island’s Sustainable Development Master Plan, which creates a long-term road map for investment and economic support.Brett Lashley, p
Tax disputes backlogcreates 'vexing issues'
The Government yesterday said it is hoping to further “accelerate” improved GDP growth forecasts, while bidding to clean up “vexing issues” stemming from a tax disputes backlog.K P Turnquest, the deputy prime minister, told Tribune Business that the
Gov't targets 75% technical comply on anti-money launder
THE Government is targeting “at least” 75 per cent compliance with anti-money laundering ‘technical’ standards, the Attorney General yesterday pledging there would be no regulatory “over-reach”.Carl Bethel, in an address to the Bahamas Association of
'Policy decisions' before GB Power buy-out approval
THE Government will take further “policy decisions” before the proposed $35 million buy-out of GB Power Company’s Bahamian investors receives final approval, it was confirmed yesterday.K P Turnquest, the Deputy Prime Minister, told Tribune Business t
Seaplane provider urges greater Andros exposure
A Florida-based seaplane company is aiming to boost visitor traffic to Andros via its 18,000-plus client database, arguing yesterday that the island needs greater exposure.Scott Young, head of sales and charters at Tropic Ocean Airways, who presented
Grand Lucayan needs Gov’t to ‘strong arm’
THE Government is today being urged to use “strong arm” tactics to ensure the Grand Lucayan’s rapid sale and re-opening, a prominent attorney warning: “Freeport will disappear otherwise.”
The 'Holy Grail' for kickstarting Freeport
Terence Gape, senior partner at the Dupuch & Turnquest law firm, unveils his strategy for getting the Bahamas’ second city moving again.
IAN FERGUSON: Securing employee buy-in for the vision
THIS part of the calendar usually finds responsible companies preparing and planning for a new year. Creating and updating various plans and objectives becomes the focus until the end of the calendar year. Successful companies do not leave these thin
'Brave' upholds 'Bahamas first' over $50m tax battle
The PLP’s leadership front-runner is battling on behalf of a once-jailed gaming kingpin’s family trust to uphold Bahamian law’s supremacy against a $50 million US tax claim.Court documents obtained by Tribune Business reveal that a Supreme Court Orde
