Govt targets 2.5% GDP growth goal
The Government is targeting 2.5 percent GDP growth as a “reasonable” short-term goal, asserting that the IMF’s recent assessment is “a boost of confidence” for its economic plans. KP Turnquest, deputy prime minister, told Tribune Business in a recent
Businessman 'a sad case' says court
The “sad case” of a Freeport businessman, who paid off a company’s $103,259 mortgage debt only for the property to be sold from under him, has won “considerable” judicial sympathy.But the Court of Appeal said it was still unable to rule in Cyril Minn
QC: OECD goal posts movement ‘very disturbing’
A prominent QC yesterday said he was “very disturbed” that the OECD again appeared to have “moved the goal posts” on The Bahamas and other international financial centres (IFCs).
DPM intervenes at world bank meeting
K Peter Turnquest, deputy prime minister and minister of finance, last week attended the 2018 annual meetings of the International Monetary Fund (IMF) and the World Bank in Bali, Indonesia. He is pictured, second right, at a Caribbean Caucus Round Ta
Bahamian realtors join global network summit
Representatives from Bahamas-based HG Christie were among more than 250 agents who attended last month’s invitation-only Christie’s International Real Estate network meeting.The event took place at Christie’s flagship auction house at Rockefeller Pla
Bahamas hosts financial industry delegate briefing
The Bahamas Financial Services Board (BFSB) hosted a successful briefing session for delegates attending the recent Society of Trust and Estate Practitioners (STEP) conference in Mexico City.The event, held on October 4, attracted more than 150 finan
Margarita war - PI v The Pointe
Margaritaville’s Bahamian franchisee is urging the US courts to block the brand’s $250m operating partner deal with The Pointe and prevent it suffering “irreparable injury”.
KEEP YOUR HANDS OFF: Sir Frankie dealt blow over land ownership - but locals lose out too
Sir Franklyn Wilson, pictured, yesterday pledged that the Privy Council’s rejection of his development company’s claim to 2,086 acres “in no way changes our plans and commitment” to South Eleuthera.
Chips are down for Atlantis over $60k casino loss
A 29-year Atlantis veteran has recovered his termination pay after the Court of Appeal determined he was not guilty of “gross negligence” over the loss of $60,000 in casino chips.Acting appeal justice Sir Michael Barnett, in a unanimous verdict, rule
Crawfish season 'turning out to be the worst ever'
BAHAMIAN fishermen remain “extremely concerned” over potential clashes with Dominican poachers, while lamenting that the crawfish season to-date is “turning out to be the worst season ever”.Keith Carroll, the Bahamas Commercial Fishers Alliance’s (BC
PM's Disney project justification 'scary'
Previous development plans for Lighthouse Point are “not the right measuring stick to determine” if Disney’s project should be approved, the Bahamas National Trust’s (BNT) chief believes.Eric Carey, its executive director, told Tribune Business that
Senior accountant to gain lifetime award
Senior accountant, Philip Stubbs, pictured, will be presented with the 2018 Lifetime Achievement Award at the financial services industry’s upcoming November 2 honours ceremony.This award recognises individuals who have reached the pinnacle of their
Bahamas takes STEPs for a strong presence
Almost 30 Bahamian delegates attended the annual Society of Trust and Estate Practitioners (STEP) Latin America conference, which was held in Mexico City from October 4-5.STEP is the global professional association for specialists in family inheritan
Labour chief eyes work permits cap
The Government’s top labour official yesterday said it is examining whether to cap the number of work permits that can be issued to any one person as part of a strategy to crack down on abuses.John Pinder, pictured, director of labour, said his depar
Disney rival mulling Judicial Review suit
Disney’s Lighthouse Point rival says it may mount a Judicial Review-style legal challenge over the lack of proper consultation should the Government approve the cruise line’s $400m project.Shaun Ingraham, the One Eleuthera Foundation’s (OEF) chief ex
