The 'write' way to book your fortune
By D’Arcy Rahming
Tourism targets 3-4% niche market growth
The Ministry of Tourism is pushing for 3-4 per cent growth in niche markets such as religious and sports tourism, a senior official said yesterday. Harrison Thompson, permanent secretary in the Ministry of Tourism, said: “We are hoping for at least a 3 to 4 per cent growth out of the niche markets. Sports tourism is very big now.
'Political controversy' hits multi-million PHA saving plan
The leading advocate for a consortium that would provide all the Public Hospitals Authority’s (PHA) medical supplies yesterday said it was “unfortunate this has become political”, adding that his plan would save $2 million in equipment maintenance costs alone over a four-year period.
Tourism in best physical condition for ‘20 years’
The Bahamian hotel industry is enjoying a “strong” summer season, the Bahamas Hotel and Tourism Association’s (BHTA) president yesterday suggesting the industry was preparing for perhaps its “best physical product in 20 years”.
Court non-interference key to arbitration hopes
The courts must “not interfere inappropriately” if the Bahamas is to establish itself as a leading international arbitration centre, a top practitioner agreeing that this nation already possesses many of the requirements for success.
Gov't urged: Move fast over poacher penaties
The Government was yesterday urged to rapidly bring revised fisheries legislation carrying stiffer penalties for poachers to Parliament, the head of the Bahamas Commercial Fishers Alliance (BCFA) warning that delaying placed the industry in “peril”.
Liberalise Immigration to recreate Freeport 'boom'
A liberalised Immigration policy would enable Freeport to recreate its “economic boom years” of the 1950s and 1960s, a leading QC yesterday again calling for the city’s expiring investment incentives to be extended to 2054.
Williams unveils BTCmanagement shake-up
Leon Williams has begun “the repairs to flight BTC” with an extensive management restructuring, with well-placed insiders yesterday suggesting turbulence lies ahead at the privatised communications carrier.
Bahamasair in US union battle
Bahamasair has become embroiled in a trade union battle across the Florida Straits, after it allegedly breached US law by refusing to submit two employee dismissals to arbitration.
Gov't: Customs reforms 'trump' Hawksbill Creek
The Government is urging the Supreme Court to dismiss a leading Freeport wholesaler’s Judicial Review action on the basis that the Hawksbill Creek Agreement “cannot trump” Customs laws and regulations.
BTC deal closing eyed for July 21
The Government and Cable & Wireless Communications (CWC) are now aiming to conclude their ‘2 per cent’ deal over the Bahamas Telecommunications Company (BTC) on July 21, Tribune Business has been told.
Super Value boss: VAT on January 1 is 'a joke'
Super Value’s owner has warned that the Government’s target Value-Added Tax (VAT) implementation date is becoming “a joke”, suggesting that March 1 is the earliest achievable start date.
FATCA compliance to drive 'increased real estate activity'
The Bahamas’ full compliance with US FATCA legislation should drive “increasing real estate activity”, with one realtor already working with two New York firms seeking to relocate to western New Providence.
Waste-to-energy plantreaches 'critical stage'
A waste-to-energy provider has reached a “critical stage” in its negotiations with the Government over a $600 million-plus plant at the New Providence landfill, its principal confirming that no final agreement had been concluded.
'High hopes', but $600m waste plant process 'less than Stellar'
A Bahamian provider has “high hopes” that a $600 million waste-to-energy plant will deliver the solutions this nation requires, while again expressing concerns that the Government had been less than transparent.
