$130m landfill deal ‘in the last 50 yards’
A Bahamian consortium yesterday said it is “in the last 50 yards of the journey” to take over management of New Providence’s landfill, and pledged: “We will not, and must not, fail.”
Web shops financial crime fear ‘put to rest’
The Gaming Board has “put to rest once and for all” fears that web shops pose a risk to the Bahamian financial system’s integrity, a prominent accountant argued yesterday.
NHI’s $130m price tag ‘just govt's exposure’
The Minister of Health has confirmed that the much-touted $100m-$130m price tag for National Health Insurance (NHI) only covers “the government’s exposure” to the scheme.
Central Bank: No money laundering sign ‘on any scale’
The Central Bank says “there is nothing” to suggest money laundering occurs “on any scale” in The Bahamas based on its analysis of currency circulation trends.
DPM: Insurers will receive due VAT refunds
The deputy prime minister has pledged that VAT refunds will not be unduly “withheld” from the insurance industry, voicing hope the two sides will resolve their differences “in the near future”.
Downtown group hopes cruise ports ‘benefit all’
THE Downtown Nassau Partnership (DNP) yesterday said it hopes that the cruise port developments eyed for both Nassau and Freeport will benefit “all stakeholders”.
Nassau told: ‘Don’t fear’ Freeport’s cruise ports
Nassau has “nothing to be afraid of” from Freeport’s two mega cruise ports, the Minister of Tourism is arguing, while admitting both projects have added “fresh” urgency to the capital’s revival.
‘Myth debunked’: Web shops no illicit finance risk
The Gaming Board says its one-month study has “debunked the myth” that web shops are vulnerable to financial crime and pose a significant risk to The Bahamas’ integrity.
NHI in ‘severe’ solvency threat to local insurers
Private health insurers yesterday warned that National Health Insurance’s (NHI) current structure threatens to “severely” undermine their solvency, with the mid-July 2020 launch date likely “unachievable”.
Bahamas hopes Kravitz ad rocks tourism growth
The Minister of Tourism is hoping The Bahamas’ new Lenny Kravitz-inspired advertising campaign will help drive stopover visitor growth “in the teens or low double digit” percentages for 2019.
Bahamian architects in first overseas work
A firm of Bahamian architects has just finished work on its first overseas project - the headquarters building of Bahamas First’s Cayman affiliate.
Aliv teams with DHL for courier expansion
Aliv has partnered with DHL Express to enable customers to use its stores to ship items via the courier company.
Banks ‘no longer in touch’ with Bahamian home need
MANY Bahamians are unable to qualify for home construction mortgages because lending institutions are “no longer in touch” with the economy, a top contractor is arguing.
Avoid new ‘Driftwood disaster’ on Lucayan
THE government was yesterday urged to “take its time” and find the right buyer for the Grand Lucayan, an ex-Cabinet minister warning the nation can ill-afford another “driftwood disaster”.
Downtown turnaround ‘key catalyst’ for growth
The government’s renewed focus on reviving downtown Nassau will be “a key catalyst” for economic growth, a prominent investment banker has predicted.
