Gov’t urged to address service charge ‘inequity’
The Government has been urged to address “the gross inequities” in Freeport’s service charges, an outspoken QC suggesting it was among the issues potentially being ignored in its Hawksbill Creek Agreement review.
Gov’t reclaims 60 farm land parcels
The Government last year reclaimed 60 parcels of agricultural land that were being improperly used, with some acting as locations for churches and other activities that violated lease agreements.
Fly Fishing Bills set for February House arrival
The Minister of Agriculture and Marine Resources is hoping to table legislation that will regulate the fly fishing industry in Parliament by mid-February .
Xmas ‘didn’t measure up’ for Super Value
Super Value’s owner yesterday said its three-week Christmas period “didn’t measure up to last year”, with total sales revenues down around 5 per cent year-over-year.
Top realtor firm’s normal growth rate halved during 2015
A leading real estate firm’s typical 10 per cent year-over-year sales growth rate was halved in 2015, with its principal yesterday calling for the Bahamas to “make it easier” for foreign buyers to invest.
Oil ‘majors’ in talks on Bahamas exploration
The Bahamas Petroleum Company (BPC) is in talks with “major” oil industry players over a $100 million joint venture partnership for its first $100 million exploratory well, and renewed its pledge to eventually offer shares to local investors via dual listing on BISX.
PM ‘unnecessarily raising Baha Mar expectations’
The Prime Minister was yesterday urged by a former Baha Mar director to stop “unnecessarily raising the Bahamian people’s expectations” that the $3.5 billion project’s fate will be resolved quickly, adding: “It’s out of his control.”
Real estate needs ‘bread and butter’
The real estate market needs its Bahamian “bread and butter” buyers to return if it is to mount a full recovery, a well-known realtor yesterday suggesting it was becoming increasingly difficult for locals to afford homes.
IAN FERGUSON: ‘Taking stock’ of a cultural change
At the start of a new calendar year, most companies assess their past performance with the aim of improving upon that in the coming 12 months.
Insurance chief urges PPP over storm risks
The Bahamas Insurance Association’s (BIA) chairman yesterday said a public-private partnership (PPP) is required to manage risks associated with catastrophic events such as hurricanes.
Companies challenged to offer internships
Bahamian businesses were yesterday urged to to offer more internships as a way of recruiting high school students, a move one academic believes could ultimately help curb this nation’s ‘brain drain’.
Switch to electric autos, firms told
Bahamian companies were yesterday urged to consider changing their vehicle fleet to electric cars, a move hailed as “good for the pocket and the environment”.
Bradford Marine eyes sale ‘options’
Bradford Marine’s general manager yesterday confirmed that the yacht repair facility is considering sales offers, with the likely buyer a multi-billion dollar private equity fund that recently eyed the Grand Bahama Port Authority (GBPA).
‘Perfect storm’ fear on Business Licence
Fears were mounting yesterday that the Government’s Business Licence reforms may create “a perfect storm” for the private sector, amid further calls for the filing deadline and $100,000 certification threshold to be changed.
Crime yet to cause investors to flee
Escalating crime levels have yet to cause any existing or potential investors to flee the Bahamas, the Government’s investments minister said yesterday.
