Aviation attorney ‘turned clients away’ over tax uncertainty
A Bahamian aircraft registry must have clarity on its tax and incentive structure to succeed, an aviation law specialist warning that current uncertainties had forced him to “turn away a lot of work”.
Miller attacks BPL’s elementary ‘hot air’
BEC’s former executive chairman has slammed his successor’s meeting with the private sector as “hot air and elementary rhetoric”, telling this newspaper: “I was most unimpressed.”
Gov’t urged: Avoid ‘cookie cutter’ over FI airport upgrades
The Government has been urged by a senior Bahamian airline executive to avoid the “cookie cutter” approach to the planned $160 million overhaul of Family Island airports.
Tourism tackles ‘myth’ impacting yacht market
The Ministry of Tourism is hoping this week’s inaugural Bahamas Yacht and Travel Show will change industry perceptions of this nation, and continue the market’s growth by “leaps and bounds”.
Airport woes threaten 1.7m passenger boost
The Family Islands will be unable to capitalise on a projected 2.4 per cent annual growth rate in air passengers over the next 17 years unless $160 million is invested to bring their airports to “the highest possible” standards.
Cable readies $30m pref share offering
Cable Bahamas is again preparing to tap the Bahamian capital markets for a further $30 million in preference share financing, which will help fund the roll-out of this nation’s second mobile provider.
Businessman supports GBPA ‘strong arming’
A veteran Freeport businessman believes the Government may have to “strong arm” the Grand Bahama Port Authority (GBPA) and its owners to revive the city’s moribund economy.
Activists demand BEC management deal’s disclosure
Environmental activists are seeking a Supreme Court Order that will force the Government to disclose the management agreement signed with PowerSecure International for Bahamas Power & Light (BPL).
Pre-paid meter solution to BPL ‘cut-off trap’
Bahamas Power & Light (BPL) has been urged to accelerate the roll-out of pre-paid electricity meters, an outspoken businessman arguing that it would help low income Bahamians avoid the “cut-off trap”.
IAN FEGUSON: Making education everyone’s business
Today marks the end of another school year.
Road Traffic ‘fraud’ passed to the police
The Auditor General’s findings of multi-million dollar losses at the Road Traffic Department due to “collusion” and “fraud” have been turned over to the Royal Bahamas Police Force for investigation, a Cabinet minister said yesterday.
28-month timetable for aircraft registry
Government consultants have recommended that the Bahamas proceed to estabish an international aircraft registry, and outlined a 28-month implementation timetable.
Post Office set for ‘fundamental reform’
A Cabinet Minister yesterday outlined what she described as “fundamental reforms” to the General Post Office’s operations, disclosing that it planned to launch new products.
Former MP refutes Hard Rock ‘conspiracy’ claim
An ex-MP has denied participating in an alleged conspiracy to force out the previous Hard Rock Cafe (Nassau) franchisee, and allow ‘friends’ of the restaurant chain’s senior executives to take over the business.
Resolve sale woes threaten ‘bail-out’ payment to BOB
Bahamas Resolve’s ability to service the $100 million worth of bonds that plugged the hole in Bank of the Bahamas’ balance sheet will “soon” be impaired unless it can sell its distressed properties, Tribune Business was told yesterday.
