Business ‘choke point’ withdrawn
The Government yesterday retracted a private sector “choke point” by moving to eliminate the need for companies to supply “certified bank statements” with business licence filings.
NHI $1,000 cost 'not pulled from out of thin air'
THE National Health Insurance Authority’s (NHIA) chairman yesterday defended the $1,000 premium costing for its basic package, arguing it had not been “pulled out of thin air”.
OECD/EU: Lawsuits over tax breaks end are ‘your problem’
The Bahamas would have been “blacklisted” had it insisted on existing foreign investors fully enjoying their preferential investment incentives, the deputy prime minister revealed yesterday.
No ‘substance’ to private wealth fear
Private wealth management structures “ought not to” be impacted by The Bahamas’ physical presence response to global anti-tax evasion initiatives, the deputy prime minister said yesterday.
ART OF GRAPHIX: Reaching a ten year milestone
THE ART OF GRAPHIX column is blowing out ten big candles this year. It seemed like yesterday, but how time flies. Yes, November 2018 marks the tenth anniversary of this column. We began this journey in 2008 with the view that one should always cultivate or promote the things we are driven by. We should be prepared to enhance, and share our knowledge and abilities, with a wider platform.
Gov't tables $100 disaster loan plan
The Deputy Prime Minister last night sought parliamentary approval to activate a five-year, $100m emergency loan facility to help The Bahamas cope with natural disasters.
Cruise bid criticism ‘absolute rubbish’
A Cabinet minister yesterday blasted criticism of the Nassau cruise port bidding process as “absolute rubbish”, adding that it was vital to the destination’s “survival as a premier Caribbean port”.
End-of-week payout deal target for 227 Lucayan workers
The Grand Lucayan’s chairman yesterday said he is “aiming” to finalise voluntary separation packages for 227 staff by week’s end, after “substantially” narrowing differences with the unions.
Top civil servant: Ministries ‘failing’ to manage staff
A senior civil servant has “unequivocally” warned that all government ministries are failing to properly manage and develop personnel, and have “major room for improvement” in both areas.
Chamber confident ‘reason will prevail’ in labour disputes
The Chamber of Commerce’s chairman yesterday expressed optimism that “reason will prevail”, giving the Government a vote of confidence in its ability to prevent further industrial unrest.
Govt urged to exit utilities ownership
GOVERNMENTS must start “divesting” their interest in state-owned utilities, an ex-Water & Sewerage general manager urged yesterday, with progress often stifled by changing administrations.
Financial Centre marks bank’s fifth anniversary
A Bahamas-based financial institution has celebrated its fifth anniversary with the inauguration of its financial centre to show its belief this nation can become a “top five” financial centre.
CIBC pledges commitment to Caribbean infrastructure
Almost one-third of CIBC First Caribbean’s $1.8bn in financing for regional infrastructure projects over the past three years has gone to energy utilities in The Bahamas and elsewhere.
Talent shortages challenge on NHI
Continuing industrial unrest in the Bahamian healthcare sector underscores the need for this nation to “retain, regain and increase” workforce talent so it can realise its Universal Health Care (UHC) ambitions.
Natural resources boost vital to mitigating storms
CARIBBEAN COUNTRIES must combine “hard infrastructure” with increasing the “resilience” of the natural environment to combat natural disasters, a Bahamian engineer said yesterday.
