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‘Ball’s rolling’ on new multi-billion industry

The Bahamas could unlock a potential “multi-billion dollar industry” if it gets its planned aircraft registry right, an aviation legal specialist said yesterday, adding: “We have great momentum.”

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Realtors: IMF’s price index will ‘require work’

Realtors yesterday backed the IMF’s call for the creation of a Bahamian real estate price index but warned it “will take a lot of work” to obtain the necessary information.

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Bahamians ‘heed call’ as over 1,000 airbags replaced

Airbags were replaced on more than 1,000 vehicles during last week’s free Honda/Acura recall, a senior executive saying yesterday: “A lot of Bahamians heeded the call.”

First sponge export departs for Europe

The first shipment of Bahamas-harvested sponges produced under an Inter-American Development Bank (IDB)-financed project left Andros on Monday bound for Europe.

Maritime Authority confirms top official

The Bahamas Maritime Authority (BMA) has confirmed Captain Dwain E Hutchinson’s appointment as its new managing director and chief executive.

Baha Mar eyes 90% Easter occupancies

BAHA MAR yesterday said bookings across its three properties continue to “exceed our expectations”, as it heads into the Easter holiday weekend with occupancies in the “90 percent range”.

60% boating growth opens job prospects

Bahamians were yesterday urged to pursue jobs in a rapidly-growing marina industry that has witnessed a more than 60 percent increase in visiting boaters over the past three years.

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DPM: ‘Touch and feel our tremendous work’

The government’s “tremendous” economic and fiscal progress will soon be “touched, seen and felt” by many Bahamians, the deputy prime minister promised yesterday.

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Bahamas needs ‘ability to pay’ taxation system

The Bahamas must seriously examine switching to a tax system based on “ability to pay”, a top private sector executive urged yesterday, amid renewed IMF calls for “greater income equality”.

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‘Don’t tax us into oblivion’ on public pension deficit

The government “cannot tax Bahamians into oblivion” to cover its multi-billion dollar public sector pension deficits, the Chamber of Commerce’s chief executive warned yesterday.

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‘More pressure for change’ call after IMF reveal

Governance reformers yesterday called for “more pressure for change” after the IMF warned that addressing structural impediments to growth was “critical” ahead of joining the WTO.

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Former Bar chief hails ‘a new day’ in construction

THE Bahamian Construction Adjudication Bill will create a “paradigm shift” for the industry, a senior attorney and former Bar Association president said yesterday, hailing it as “a new day”.

We cannot ignore Out Island banking woes

An assessment of the banking system in the southern Bahamas needs to be performed in an effort to accommodate the financial needs of pensioners, business owners, investors and consumers living in this region.

Consumers reveal concerns to URCA

Utilities Regulation and Competition Authority (URCA) executives heard the concerns of Bahamian consumers at its recent New Providence town hall meeting.

WTO opponents urge Govt to ‘come clean’

Opponents of The Bahamas’ bid to become a full World Trade Organisation (WTO) member yesterday urged the Government to “come clean” on what this will mean for workers and the economy.