Hundreds of CLICO clients to lose medical insurance
SOME 700 CLICO (Bahamas) policyholders are set to lose their medical insurance after the insolvent insurer’s liquidator yesterday gave two months’ notice of their policies’ cancellations.
Customs unveils WTO readiness training plan
THE Customs Comptroller yesterday said the department’s Trade Sector Support initiative was proceeding at “full throttle” as it unveiled a two-year training programme with the World Customs Organisation (WCO).
Corporate taxation on the way for Bahamas
The Government’s planned legal reforms pave the way for the introduction of “corporate taxation” on a wide range of Bahamian financial services products, it was revealed yesterday.
Former beauty queen lawsuit: ‘Throw it out’
A FORMER Bahamian beauty queen’s copyright lawsuit against the Ministry of Tourism “falls woefully short” and should be dismissed, the Government agency is demanding.
EU blacklist over end May ‘at latest’
The Deputy Prime Minister yesterday said the Government "trusts" the European Union (EU) will remove the Bahamas from its 'blacklist' by May 2018 at "the latest".
National Cyber-Crime Strategy critical to underpin ‘tech hub’
THE Bahamas must develop a National Cyber-crime Strategy otherwise its plans to become a ‘technology hub’ will be “gravely affected”, the Attorney General’s Office has warned.
Scooter, jet ski operators shrug off US warning
BAHAMIAN jet ski and scooter rental companies yesterday said the latest US crime alert had not dampened what one operator described as an “exceptionally good” Spring Break.
Airport upgrade promise called ‘dream come true’
THE Government’s promise of improved airport facilities represents “a dream come true” for Long Island, its MP yesterday branding it as key to sparking an economic revival.
Key US markets up 15% for Easter peak
Tourism bookings from the Bahamas’ key US markets are up 15 per cent for the peak Easter period, a Cabinet minister yesterday urging businesses to “work harder” at exploiting this growth.
Work permit increase ‘rationale’ questioned
THE Chamber of Commerce’s labour head yesterday said he did “not understand the rationale” for raising work permit fees, amid warnings it will not reduce Bahamian unemployment.
Bahamas must ‘leverage’ EU listing into opportunity
The Bahamas was yesterday urged to “leverage” the European Union’s (EU) ‘blacklisting’ and reposition itself as an international business centre based on ‘physical presence’.
Sarkis: ‘No good cause’ to halt my $2.25bn suit
Sarkis Izmirlian says Baha Mar’s contractor has “no good cause” to seal the $700 million deal that is central to its demand that his $2.25 billion fraud lawsuit be halted.
Gov’t urged to join Morton Salt appeal
THE Government was yesterday urged to join a Privy Council appeal against Morton Salt, amid fears it will “alter the very existence of collective bargaining agreements in the Bahamas”.
PI condo targeting May finish after $50m spend
A revitalised Paradise Island condo project is targeting early May for second phase completion, having been transformed from a stalled eyesore via its new developer’s $50 million investment.
Gov’t hires consultant to review BIA systems
THE Prime Minister yesterday revealed that the Government has selected a consultant to review the Bahamas Investment Authority (BIA) and its investment policy framework.
