BREA chief supports Quieting Act reform
The Bahamas Real Estate Association’s (BREA) president yesterday backed calls for this nation to both establish a Land Registry and reform the Quieting Titles Act to prevent widespread real estate fraud/theft.
Bahamian ‘hacker’ could have cost music artist $6m
A Bahamian ‘celebrity hacker’ could have cost an international pop artist $6 million in lost sales had he made good on threats to reveal half the songs on their new album prior to its release.
New Sandals staff ‘too scared’ to join trade union
A former hotel union leadership contender believes re-hired Sandals Royal Bahamian staff will be too scared to join a trade union, and described August’s 592-strong termination as “clearly union busting”.
IAN FERGUSON: Developing deep roots over customer service
If one were to ask the average businessman what they believe to be one of the main, or critical, components that helps to ensure a business’s success, I am certain the term ‘customer service’ will be among the top responses. Given that this is so vital to the success of the enterprise, it is surprising that the average business fails to meet this standard.
Potter’s Cay overhaul may reach $12m cost
Potter’s Cay’s total redevelopment may cost $12 million if the Government fully approves plans for the area’s overhaul, it was announced last night.
Island Luck in deal for web shop rival
Island Luck is awaiting regulatory approval for the acquisition of the rival Bahama Dreams web shop chain, Tribune Business can reveal, the first consolidation to occur in the newly-legalised industry.
Bar chief: Land reform thwarted by society’s elite
The Bahamas Bar Association’s president yesterday accused a political and economic elite of thwarting land reform for more than half-a-century, in a bid to safeguard their own interests.
Contractors no ‘cap in hand beggars’ on Baha Mar recovery
Bahamian contractors have been urged not to view themselves as “cap in hand beggars” in the Baha Mar claims process, the Chamber’s chairman arguing that they “have some leverage”.
NIB takes $10m BOB, Cable hit
The National Insurance Board (NIB) took a $10.026 million hit last year as a result of its loss-making investments in BISX-listed Bank of the Bahamas and Cable Bahamas.
Legislate to keep expired industrial deal terms in place
A former hotel union leadership contender yesterday urged the Government to “legislate” that expired industrial agreements, particularly their terms and conditions, remain in effect until a new deal is sealed.
Court ‘unwitting pawn’ in assisting land frauds
An Appeal Court justice yesterday admitted that the Bahamian judicial system is vulnerable to being used as an “unwitting pawn” in the commission of real estate frauds.
‘Tax expert’: OECD won’t buy Bahamas tax exchange route
The ‘tax expert’ quoted in The Economist’s full-scale attack on the Bahamas warned two months ago that the OECD would never accept this nation’s preferred tax information exchange approach, and asked: “What koolaid are you drinking?”
OECD alters rules for Bahamas ‘half way through game’
A Bahamian QC yesterday accused the OECD of “changing the rules half way through the game” by attempting to force this nation into abandoning its preferred approach for implementing automatic tax information exchange.
Central Bank chief: ‘Ultimate’ goal is to bank web shops
The Central Bank’s governor yesterday said the “ultimate” goal is for the web shop industry to satisfy commercial bank concerns and reach the point where it can be “banked”.
Bahamas told: Don’t be ‘intimidated’ by new OECD offensive
A Bahamian financial services provider yesterday demanded “strong leadership” in response to the latest OECD attack, and warned against being “cowed and intimidated”.
