Bimini developer: 'We expect no dredge delay'
Resorts World (Bimini) is not anticipating any delays to the dredging schedule for its cruise terminal and pier project, despite the undertakings given at last week’s Judicial Review hearing.
Scotiabank chief leaves Bahamas
Scotiabank (Bahamas) will soon have to appoint a new managing director, after Kevin Teslyk, confirmed his departure to Tribune Business.
Attorneys urged to watch global pace
With international business and cross-border transactions increasing dramatically, a partner in a Bahamian law firm said it is critical for local attorneys to keep pace with legal precedence, trends and changes in other jurisdictions.
Phone number portability to launch today
Fixed-line number portability will finally launch in the Bahamas today, after regulators granted both Cable Bahamas and the Bahamas Telecommunications Company (BTC) their Certificates of Readiness.
Cellular monopoly push for Cable's $100m US deals
Cable Bahamas yesterday confirmed its inability to go head-to-head on cellular services with the Bahamas Telecommunications Company (BTC) influenced the $100 million Florida expansion, the final acquisition for which closed yesterday.
BEC preferred bidder to Gov't 'within week'
The Government should “within the next week” receive recommendations as to who the preferred Bahamas Electricity Corporation (BEC) bidder(s) should be, Tribune Business was told yesterday.
'Great victory' over Bimini dredge pledge
Resorts World (Bimini) yesterday promised not to do any dredging for its proposed ferry terminal before December 16, a development that was hailed as “a great victory for the environment and Bimini”.
Gov't 'receptive' to Stamp Duty pre-approvals
The Government was yesterday said to be “very receptive” to proposals for ‘pre-approving’ first-time home buyers for the Stamp Duty exemption, and already moving to ensure all parties understood how the incentive was to be applied.
Banks' appraisal outsource plan causing concern
Bahamian realtors were yesterday said to be “very concerned” over a contract they are being required to sign by a Canadian-headquartered company that is taking over the appraisal management process for Scotiabank (Bahamas) and Royal Bank of Canada.
Port executives welcome envoy
Grand Bahama Port Authority (GBPA) and Grand Bahama Development Company (Devco) executives welcomed Mohamed Abdulla Al-Rumaihi, Qatar ambassador and special envoy to the Bahamas, during his first official visit to the island.
Trust backs close to grouper season
The Bahamas National Trust (BNT) yesterday backed the Government’s decision to again close the Nassau grouper season, in a bid to preserve a species whose population has declined by 60 per cent over the past three decades.
The primary focus of our discussion
By Ian Ferguson
'Easy ride' with Budget is over
By Simon Cooper
Businessman urges capital gains tax
A well-known businessman yesterday suggested the Bahamas implement a small capital gains tax on property transaction profits, as he warned the Government not to “pile” its National Health Insurance scheme on top of Value-Added Tax (VAT).
First-time buyers' 'pre-approval game changer'
The Bahamas Real Estate Association’s (BREA) president yesterday met with a key Cabinet Minister to propose a ‘pre-approval’ process for first-time buyers seeking the Stamp Duty exemption, something he described as a potential “game changer” for the industry.
