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NAD gains 20 year extension to LPIA lease

The Nassau Airport Development Company’s (NAD) lease to manage Lynden Pindling International Airport (LPIA) has been extended by a further 20 years to 2057, it was disclosed yesterday.

John Watling’s in US export launch

John Watling’s Distillery has marked the start of 2019 by exporting its namesake rum to the US and selling it online via its website.

Ex-Bar chief in WTO warning

THE Bahamas must carefully assess whether it would benefit from the World Trade Organisation’s (WTO) much-touted dispute resolution processes, an ex-Bar Association chief is warning.

Ex-Bar chief: Business ease score ‘disgraceful’

THE Bahamas must take “serious corrective action” to improve its “disgraceful” 118th ease of doing business ranking, a former Bar Association chief arguing that poor dispute resolution was a key factor.

Planning a fresh for a future Bahamas

A Chamber director urges the nation to lay the foundations for growth beyond tourism and financial services

Planning is one of the most underrated features of success. In many instances, an idea -be it good or bad - should always be paired with a plan.

Cruise lines aids future mariners

Royal Caribbean Cruises has given two recent graduates of the Lowell Jason Mortimer (LJM) Maritime Academy full-tuition scholarships to the Caribbean Maritime University (CMU).

‘Revolutionise Cat Island hospitality’ for under $6m

A Bahamian real estate firm believes the two resorts and one private island it has listed for sale for collectively less than $6m “can revolutionise the hospitality industry on Cat Island”.

Auto dealers ‘up the ante’

NEW auto dealers have “upped the ante” in efforts to attract consumers and prevent cheaper imports from undercutting their business, the Bahamas Motor Dealers Association’s (BMDA) chief said yesterday.

BAMSI confirms structure revamp

The Bahamas Agriculture and Marine Science Institute (BAMSI) has confirmed it is revamping its business model by exiting the food retail sector to focus solely on wholesale activities.

High-end realtor in ‘slight’ sales growth

A high-end Bahamian realtor says it enjoyed a “slight increase” in sales volumes last year compared to 2017, with average prices ranging from $1.4m to $1.55m.

Bahamas takes over major Florida mall

The Bahamas has taken over one of South Florida’s major shopping malls for a four-week tourism promotion.

Standards Bureau aims to expand ‘bread and butter’

THE Bahamas Bureau of Standards and Quality (BBSQ) yesterday said it is aiming to expand its “bread and butter” after achieving 86 percent of the targets in its last strategic plan.

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CLIMBDOWN? Webshops set to win deal on new tax rates

The web shop industry’s “sliding scale” tax structure could be cut to just two bands with much lower rates under new proposals being considered by the Government.

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Aliv targets summer 2019 for ‘break even’

Aliv is targeting summer 2019 for its operations to hit “break even” through $50-$60m in annual revenues, as it unveiled plans to “double down” on investment in its mobile network.

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Ex-AG: ‘IBCs are not dead’

A former attorney general has called for an “upgrading” of the Companies Act while rejecting arguments that recent reforms meant the “death of international business companies”.