Mail boats: It won’t be ‘business as usual’
A CABINET minister says it cannot be “business as usual” with the mail boat system, acknowledging the need for government intervention to improve the system.
Long Island losing hope over banking solution
LONG Islanders were yesterday said to be losing hope over regaining a full-service bank any time soon with Royal Bank of Canada (RBC) set to pull-out in the coming weeks.
Long Island losing hope over banking solution
LONG Islanders were yesterday said to be losing hope over regaining a full-service bank any time soon with Royal Bank of Canada (RBC) set to pull-out in the coming weeks.Businessman Mario Cartwright, a director of the island’s Chamber of Commerce, to
Bahamas must be 'more sophisticated' in blacklist response
The Bahamas must employ a “more sophisticated response” to its ‘blacklisting’, a former Attorney General yesterday urging it to lobby for United Nations (UN) oversight of the matter.Alfred Sears QC told Tribune Business that the Bahamas should form a
National debt strikes $7.9bn at end-2017
THE Bahamas’ national debt hit $7.882 billion at year-end 2017, coming close to the 70 per cent debt-to-GDP ‘danger threshold’ despite the upward revision to this nation’s GDP data.The Central Bank of the Bahamas, in its quarterly economic review for
BAF gets Supreme Court approval as CLICO manager
The Supreme Court has approved the transfer of CLICO (Bahamas) remaining in-force insurance policies to BAF Financial’s management, Tribune Business can reveal.The approval, which is understood to have been granted last week, will free-up the insolve
Mail boats: It won't be 'business as usual'
A CABINET minister says it cannot be “business as usual” with the mail boat system, acknowledging the need for government intervention to improve the system.Frankie Campbell, minister of transport and local government, during his contribution to the
IDB: Only 22% of local companies 'innovative'
The Government is targeting the ‘Blue economy’ and agribusiness for economic diversification in an environment where just 22 per cent of Bahamian companies “innovate”.The Minnis administration’s plans to broaden the Bahamas’ economic base, which also
Bahamas seeks $100m disaster funding facility
The Government is seeking a $100 million ‘contingent’ loan facility that will finance “extraordinary spending” in the wake of hurricanes and other natural disasters.
Water Corp fires general manager
THE Water & Sewerage Corporation yesterday sacked Glen Laville as its general manager in the wake of the Ernst & Young (EY) forensic audit’s findings.
DPM: We must review taxation after ‘blacklist’
THE Deputy Prime Minister yesterday said the Bahamas’ tax system must be reviewed following the European Union (EU) ‘blacklisting’, with the Government “praying” for a swift removal.
Gov’ts signals ‘go close your doors’ on Bahamasair
A Cabinet Minister was yesterday said to have sent a “go close your doors” message to private Bahamian airlines by reaffirming unlimited government support for Bahamasair.
Don’t ‘throw baby out in bath water’ on EU response
A former financial services minister yesterday urged the Bahamas not to ‘throw the baby out with the bath water’ in addressing the European Union (EU) concerns that saw it ‘blacklisted’.
WTO membership will aid blacklisting fight
THE Bahamas would be better able to defend itself against the European Union’s (EU) ‘blacklisting’ if it was a full World Trade Organisation (WTO) member, this nation’s lead negotiator argued yesterday.
Gov’t in $45m deal for Harbour Island
A $45 million Harbour Island resort development is expected to create 150 construction jobs and 70 permanent posts, it was revealed yesterday.
