Bran slams mid-year Budget ‘pie in sky’
The Democratic National Alliance’s (DNA) leader yesterday branded the mid-year Budget as “more pie in the sky” from the Christie administration, questioning where it was getting its $6 billion resort investment ‘pipeline’ from.
Economy ‘muted’, as is PM over Baha Mar
Prime Minister Perry Christie yesterday described the Bahamas’ economic performance as “more muted” than expected, as he delivered a much more downbeat assessment on the $3.5 billion Baha Mar project’s near-term prospects.
Opposition sceptical over Mortgage Relief
The Opposition’s deputy leader yesterday expressed scepticism that the Government would deliver on its latest promise to revive a Mortgage Relief Plan, saying: “We’ve been to this picture show before.”
Gov’t targets growth in livestock farming
The Government wants Bahamian farmers to achieve the highest international standards as part of initiatives to grow the livestock sector, a top Bahamas Agricultural and Industrial Corporation (BAIC) executive said yesterday.
Getting public sector ‘on board’ with its accounting
The Government’s ‘concept paper’ on improving public sector accounting standards is part of international efforts to assist the country, the Bahamas Institute of Chartered Accountants (BICA) president said yesterday.
Judge brands Blackbeard’s Cay developer ‘untruthful’
A Supreme Court judge has branded the businessman behind the controversial Blackbeard’s Cay development as “evasive and untruthful”, dismissing his claim to own the project’s dolphins.
Bahamas may be ‘failed state within 10 years’
The Bahamas risks becoming “a failed state in less than 10 years” because around 70 per cent of its population “will be challenged” to obtain well-paying jobs due to educational under-achievement.
Bahamasair ‘like spoiled child’ on Business Licence
Bahamasair has been accused by a rival of “acting like a spoiled child” over having to pay Business Licence fees for the first time, a development that helps ‘level the playing field’.
Moody’s report a ‘red flag’ alert
Moody’s has raised “a red flag” over the need to contain government spending and spur faster economic growth, the Opposition’s finance spokesman is arguing.
Ex-Baha Mar chief slams ‘outrageous’ contractor claims
Baha Mar’s former president today slams “outrageous and inaccurate” suggestions by its former contractor that the $3.5 billion project would have been a ‘foreigners only’ preserve.
Bus & Truck eyes dealer’ pole position
A well-known Bahamian auto dealership has invested $125,000 into its newly-revamped showroom, in the belief that its “cutting edge” rebrand will attract younger customers.
Standards boost for local exports
The private sector is hoping the Bahamas’ internationally-recognised standards for packaged water and food hygiene will help local exporters.
Bahamas failing because of ‘systemic’ governance woes
The Bahamas is failing due to “systemic break downs” in leadership and governance, a newly-created civil society organisation warning that far-reaching reforms are necessary to change course.
PM may face ‘committal’ over Blackbeard’s Cay
Prime Minister Perry Christie could soon face court proceedings seeking to imprison him, and other public officials, for failing to obey a Supreme Court Order to shut down the $12 million Blackbeard’s Cay development.
‘Right parties’ not involved in solving Cabbage Beach row
A trade union leader yesterday said achieving a resolution to the Cabbage Beach ‘access’ row was being complicated because the Minister of Tourism was not speaking to the vendors’ association.
