DPM: 'Reimagine' the economy from scratch
The Deputy Prime Minister has urged Bahamian entrepreneurs to “reimagine the economy” and how they would create industries such as tourism “from scratch” today.K Peter Turnquest, speaking at the Millionaire’s Mile Fireside Chat, an event held to mark
Opposition pegs Grand lucayan cost at $100m
The Opposition’s deputy leader yesterday estimated that the Government’s Grand Lucayan purchase will ultimately cost Bahamian taxpayers “at least $100m”, branding the deal “ill-advised”.Speaking in the House of Assembly yesterday, Chester Cooper, pic
Hutchison escapes $3.25m tax on Grand Lucayan sale
The Government was “too nice” in allowing Hutchison Whampoa to exit its Grand Lucayan debacle without paying $3.25m in Stamp duty and pocketing other payments/concessions.
Bahamas ‘in good shape’ over WTO’s 15% tariff demand
The Bahamas’ “is in good shape” to lower its average tariff rate to the 15 percent demanded by the WTO, its chief negotiator said yesterday, describing this as a “good deal” for consumers.
Crypto, ICO rules completed within ‘the next 30 days’
A regulatory framework to facilitate initial coin offerings (ICO) and crypto currency exchanges in The Bahamas could be completed within 30 days, Government’s technology “hub” chairman said yesterday.
Oil explorer shrugs off end to ‘exclusive’ talks
A Bahamas-based oil explorer yesterday said it was now locked in joint venture talks with “multiple parties” after a “major global oil company” ended their exclusive negotiations.
No PI bridge toll rise to end $6.7m deficit
The Paradise Island Bridge Authority yesterday expressed optimism it will wipe out the $6.676m deficit in its bond repayment fund by the 2019 year-end target without having to raise toll fees.
BAIC aids 'Silicon valley' objectives
The Bahamas Agricultural and Industrial Corporation (BAIC) is supporting the Government’s plan to make this nation the “Silicon Valley of the Caribbean” by hosting a seminar to enhance small businesses’ Internet presence.The technology workshop was h
BTVI readies for City and guilds expansion
Twenty-seven persons from the Bahamas Technical and Vocational Institute (BTVI) recently attended training sessions that focused on City and Guilds’ assessment and quality assurance.The four-day training session in New Providence came as BTVI further
Resort developer in Q1 2019 IPO target
A Bahamian-led developer yesterday expressed hope its planned BISX listing in 2019’s first quarter will “change attitudes” towards local investment in the country’s largest industry.Sir Franklyn Wilson, pictured, head of Eleuthera Properties,
Marine pilot 'conflict' cost $108k offer
A Bahamian’s “conflicting” ties with a marine pilots group meant he lost the chance to become the South Riding Point terminal’s $108,000 per year ship berthing master.The Court of Appeal, in a unanimous September 13 ruling, upheld a previous verdict
QC: Bar must open for financial services
A well-known QC yesterday repeated calls for greater liberalisation of the legal profession if The Bahamas to sustain and grow its financial services industry.
Disney, opponents won't 'reignite South Eleuthera'
Disney and its opponents will “fail to reignite South Eleuthera’s middle class and change the game” with their rival plans for Lighthouse Point, a nearby developer argued yesterday.Instead, Sir Franklyn Wilson told Tribune Business that the controver
Ex-AG: Public owner register is ‘sector killer’
An ex-attorney general yesterday warned that a beneficial ownership registry accessible by the public will be an “industry killer” for Bahamian financial services, and should be “resisted at all costs”.
Businessman: My WTO concerns were eased
A Bahamian businessman yesterday said many of his WTO-related concerns have been eased following the private sector’s meeting with the Government negotiating team last week.Robert Myers, pictured, who is part of the Chamber of Commerce’s World Trade
