Big doctor fee cuts ‘only way NHI can work’
The Medical Association of the Bahamas (MAB) president yesterday said “significant” cuts to doctors’ fees were “the only way” to make National Health Insurance (NHI) work, adding: “This is what you get with socialised medicine.”
Sarkis ally: Baha Mar sale ‘classic PLP deal-making’
A key Sarkis Izmirlian ally yesterday blasted confirmation of Baha Mar’s sale as “classic PLP deal-making”, telling Tribune Business it was “amazing” that the Government had yet to table any documents in Parliament.
PM promises ‘no Baha Mar mystery’
Prime Minister Perry Christie yesterday pledged that he would ensure “transparency and accountability” over Baha Mar’s sale by releasing the Heads of Agreement with Baha Mar’s purchaser once it is completed.
Developers forcing taxpayers ‘to foot’ Judicial Review bill
Foreign developers are forcing Bahamian taxpayers to “foot the bill” for defending their interests in Judicial Review actions brought by environmental activists, a well-known QC said yesterday.
Bahamas strengthens trust regulatory regime
Amendments passed by the House of Assembly will help to strengthen and add value to trust administration, a cornerstone of the financial services industry, a Cabinet minister said yesterday.
PM pledges ‘rigorous’ casino investigation for Baha Mar buyer
Prime Minister Perry Christie yesterday pledged that Baha Mar’s buyer will have to undergo normal due diligence requirements, including a “rigorous” investigation with respect to its casino operations.
Doctors blast 70% NHI fee reduction
Doctors have slammed the 70 per cent “across-the-board” fee reduction that will be imposed upon them by the proposed National Health Insurance (NHI) scheme, and warned they will not sign up for “something that will fail”.
NHI fee slash may undermine health quality
A prominent physician has warned that the massive cuts in doctors’ fees proposed by the National Health Insurance (NHI) scheme could compromise healthcare quality for many Bahamians.
Sarkis ally: Govt ‘scared to show’ Baha Mar deal
A key Sarkis Izmirlian ally has accused the Government of being “scared to show” the Baha Mar deal to the Bahamian people, suggesting it must come at “an enormous cost” to taxpayers.
Small businesses in ‘funding crisis’
Bahamian small businesses are facing “a funding crisis”, a sector consultant has warned, with “nothing in the kitty” at both traditional public and private financing sources.
Central Bank sponsors web shop ‘interactions’
The Central Bank has sponsored interactions between the Gaming Board and commercial bank compliance officers to highlight the level of anti-money laundering monitoring and controls that exist in web shops, its governor says.
Disney targets more Bahamas expansion
Disney Cruise Line is continuing to explore new projects in the Bahamas, its top executive saying it plans to make a significant investment in its private island.
Court overturns brothers’ $200k ‘backdoor’ escape
The Court of Appeal has rejected a “backdoor” escape route that would have allowed the Alexiou brothers to continue their near-two decade avoidance of a $200,000 debt owed to a fellow Bahamian investor.
RoyalStar eyes Matthew payout ‘over’ $90m total
A Bahamian insurer yesterday said it will be paying out “in excess of $90 million” in Hurricane Matthew-related claims on behalf of itself and network partners, with 65 per cent already settled.
‘No room for failure’ on auto tax exchange
The Bahamas “has no room for failure” in implementing automatic tax information exchange, a prominent QC warned yesterday, adding that it would be “extremely prejudicial” to this nation’s interests to miss the 2018 launch date.
