Freeport ‘perishing from lack of vision’
A former MP yesterday said Freeport residents have been caught up in “a three-way love affair that’s gone awry”, adding: “Because of the lack of vision the people are perishing.”
Gov’ts 25% target requires more equitable tax system
A more progressive income-based tax system is needed to hit the Government’s “aggressive” 25 percent revenue-to-GDP target and prevent the gap between rich and poor widening.
Taxi and jitney owners pushing for fare hikes
Taxi and jitney drivers have warned they may have to push for fare increases to offset the impact of increasing fuel costs.
Seven years surplus to hit budget target
The government must achieve an “unprecedented and very challenging” four percent primary budget surplus for seven straight years to cut the debt-to-GDP ratio to 50 percent by 2030.
Bahamas must adhere to Russia sanction consensus
The Bahamas must “act in a manner consistent” with protecting its reputation and integrity as an international financial centre (IFC) on Russian sanctions, an ex-attorney general says.
Realtors hope ‘best year ever’ continues into 2022
Bahamian realtors are looking to ensure that 2022 is a continuation of the “best year ever” in high-end property transactions.
Resorts await ‘dramatic’ improvement in groups
The Bahamian tourism industry will enjoy “a dramatic improvement” in its group business once US federal health authorities upgrade this nation’s COVID ranking.
The price of war
ActivTrades
An invading army can win all the battles and still lose the war. The objective of a military occupation, especially one driven by imperial ambitions, is to neutralise armed resistance and secure control of the centres of power, ultimately aiming to conquer the hearts and minds of the occupied.
Hotelier urges ‘shelving’ of all COVID restrictions
A top hotelier yesterday said he is “praying daily” for the US health authorities to upgrade The Bahamas’ COVID ranking amid calls from some in the industry to “shelve” all pandemic restrictions,.
BTC to be ‘shining jewel’ among CWC
The Bahamas Telecommunications Company’s (BTC) chief executive yesterday unveiled ambitions to become “the shining jewel” for its immediate parent by “accelerating” growth every year.
BTC HQ’s sale likely to complete in 2022
The Bahamas Telecommunications Company’s (BTC) long-time JFK Drive headquarters will likely be sold this year, it was revealed yesterday, as the carrier seeks to enter the data centre market.
Crypto exchange to build ‘7-storey’ hotel
The world’s second largest cryptocurrency exchange has included a 38-room, seven storey hotel in the plans for its proposed $50-$60m western New Providence headquarters.
Entrepreneurship Centre to boost digital transition
Grand Bahama’s Centre for Entrepreneurship and Innovation will benefit thousands of Bahamians by equipping them with the skills to exploit the fast-evolving digital economy.
Fears of $205m hit in BPL fuel hedge woe
Fears were raised yesterday that Bahamas Power & Light (BPL) customers could suffer a $200m-plus hit if the fuel hedging strategy that the Davis administration met in place was not renewed.
Gov’t’s $206.5m deal with Goldman ‘speaks volumes’
The Ministry of Finance’s top official yesterday asserted that the Government’s $206.5m “repurchase” deal with Goldman Sachs “speaks volumes” to the credibility of its fiscal and economic plans.
