Bahamas Realty hopes 15% growth not hit by election
Bahamas Realty’s chief executive yesterday expressed hope the imminent general election will not stall the 10-15 per cent year-to-date growth in business, which comes on top of 2016’s 60 per cent gross sales rise.
Web shop loses injunction bid against GBPA
A web shop operator is appealing the Supreme Court’s refusal to prevent the Grand Bahama Port Authority (GBPA) from potentially cancelling its license to operate in Freeport.
Exporter targets live China lobster approval by Xmas
A Bahamian seafood exporter yesterday said it expects to receive approval to export live lobsters by air to China before Christmas, adding that this market could ultimately surpass the US as its largest.
DNA proposes 3% health payroll tax
The Democratic National Alliance’s (DNA) leader yesterday pledged that the party will “bring the economy back” so that Bahamians could afford its proposed 3 per cent payroll tax for financing universal health coverage (UHC).
Medical laboratories fear ‘unsustainable’ NHI fees
Medical laboratories yesterday expressed surprise that the National Health Insurance (NHI) Secretariat had launched registration for the sector, disclosing that the payment structure being offered was unsustainable.
Bran unveils ‘road map to salvage the economy’
The Democratic National Alliance’s (DNA) leader yesterday said the party had unveiled “a road map to salvage the economy”, while denying that its campaign platform was making promises it cannot keep.
Minnis’s tax breaks plan will ‘bankrupt Bahamas’
Dr Hubert Minnis’s plans to offer wide-ranging tax breaks “will lead the Bahamas into bankruptcy” if ever enacted, a well-known businessman has warned.
‘Jokey’ tax breaks won’t aid inner-city
The Government should seize abandoned Over-The-Hill properties for its low income housing programme, a well-known businessman is arguing, rather than employ the “jokey ideas” of Dr Hubert Minnis.
‘Iconic’ Exuma resort’s sale awaits Govt nod
The sale of Exuma’s “iconic” Club Peace & Plenty Resort is now awaiting government approval, a Cabinet Minister has confirmed, with the property’s overhaul a key component in Georgetown’s revival.
Realtor targets retiree village ‘game changer’ for Freeport economy
A Bahamian realtor is planning to target retirement village developers with his first-ever property conference, viewing such investments as “a game changer” for Freeport’s struggling economy.
FNM deputy fears Carnival privatise value undermined
The FNM’s deputy leader fears Junkanoo Carnival’s privatisation value may have been undermined by last week’s opening date reversal, and warned that the likelihood of taxpayers seeing a return on their investment was “next to zero”.
BPL can pass license fee on to consumers
The Utilities Regulation and Competition Authority (URCA) has rejected Bahamas Power & Light’s (BPL) argument that fuel costs not be included in the calculation of its annual license fee.
BTC boosts its data offerings
The Bahamas Telecommunications Company (BTC) is designing more offerings to meet ever-increasing Bahamian demands for data.
Wholesaler researches lobster exports by air
The Bahamas must maximse the economic returns from its key industries, the Prime Minister emphasised, revealing that one food processor is working on growing lobsters.
Portal to aid EU trade deal usage
The roll-out of the Bahamas’ Trade Information Portal will enable local businesses to fully exploit the Economic Partnership Agreement (EPA) with the European Union (EU), a Cabinet Minister believes.
