Road Traffic reforms to House this year
A Cabinet Minister yesterday said she expects to table legislation to reform the Bahamas’ antiquated Road Traffic Act in Parliament this year, with changes focusing on vehicle inspection, licensing criteria and offences.
Chamber chair: ‘Cut out corruption cancer’
The Bahamas was yesterday urged to “cut out the cancer” of corruption, the Chamber of Commerce’s chairman describing this nation’s persistent failure to tackle the problem as “the real tragedy”.
Receivers confident Baha Mar buyer ‘in place’ by end-2016
Baha Mar’s receivers yesterday expressed optimism that a new owner for the $3.5 billion project will be “in place” before year-end 2016, with all bids due to be submitted by May 7.
Civil service union’s trade dispute warning
The Bahamas Public Service Union’s (BPSU) president yesterday warned he is preparing to file a trade dispute against the Government over “across the board” complaints that civil servants are not being paid their correct salaries.
RoyalStar ‘won’t chase rainbows’
RoyalStar Assurance “won’t be chasing the rainbow” for new business in 2016, with pricing pressures and other market uncertainties driving it to forecast a flat year-over-year performance.
Bahamasair targets more loss reduction
BAHAMASAIR’S new non-stop air service between Grand Bahama and Orlando was yesterday said to be part of a strategy to reduce the airline’s losses and burden on the taxpayer.
ART OF GRAPHIX: Designing your true career path
Are you naturally creative? Do you have a knack for thinking outside the box? Do your friends often come to you for tips on colour palettes or accessorising outfits?
Bahamas urged: Change ‘sun, sand, sea’ thinking
A well-known architect said yesterday that the Bahamas had to go beyond viewing its ‘sand, sun and sea’ as just a tourism marketing tool, arguing that they were “fundamental tools” for national development and sustainability.
Bahamas must fix ‘State of the Nation’
An architect said yesterday that while the National Development Plan’s (NDP) ‘State of the Nation’ report has outlined the Bahamas’ current condition, the “great opportunity” lies in fixing the issues it identifies.
Insurer invests $3.45m in ‘bad mortgage’ JV
An insurer yesterday said it will “get a bigger bang for the buck” from investing $3.45 million in a joint venture, also involving its chairman, which aims to alleviate the Bahamas’ bad mortgage crisis.
Bahamas urged: ‘Bite bullet’ on registered land
Arawak Homes’ president yesterday agreed that the Bahamas needed to “bite the bullet” and switch to a registered land system, in a bid to prevent frauds that have victimised hundreds of real estate purchasers.
Bank: Correspondent pull back vindicates web shop refusal
Commonwealth Bank’s president yesterday said the increasing ‘pull back’ by correspondent banks from the Caribbean had vindicated its decision not to accept web shop industry deposits.
Private sector alert over VAT late fees
The private sector was yesterday warned to be on its guard as April’s Value-Added Tax (VAT) payment deadline looms, after bank-related delays resulted in numerous businesses incurring financial sanctions last month.
Social Services audit: Taxpayers will pay price
“Beleaguered taxpayers” will pay the price of the corruption exposed at the Department of Social Services, a well-known ‘fiscal hawk’ yesterday saying: “It’s just mind-boggling.”
Gov’t ‘lacks foresight’ over aviation reforms
A leading Bahamian aviation executive said yesterday that while he supported “long overdue” civil aviation reforms, there was “a lack of foresight” in the Government’s approach to this sector.
