No bad WTO deal must be 'order of day'
The Government’s pledge that it will not accept a “bad WTO deal” must be “the order of the day”, the Chamber of Commerce’s top trade executive urged yesterday.Darron Pickstock, who heads the Chamber’s trade and investment division, told Tribune Busin
'Seamless migration' for Grand Lucayan
The Government is pledging a “seamless migration” in a bid to reassure 400 “very anxious and concerned” Grand Lucayan workers prior to taking over the resort’s operations today.Well-placed Tribune Business sources, speaking on condition of anonymity,
Chamber: ‘Think again’ on new BPL plant at Clifton
Bahamas Power & Light (BPL) would be “well advised to consider” if Clifton Pier is suitable for both its current and proposed new power plants, the Chamber of Commerce’s chief executive urged yesterday.
Govt urged to boost car rental regulation
Auto repairers yesterday urged the Government to intensify regulation of the car rental business, amid calls for the removal of alleged “foreign elements” in its ownership.Dwaine Scavella, president of the Bahamas Auto Repair Association, told Tribun
New legislation to 'codify' quarterly fiscal reporting
The Government’s plans to publish quarterly fiscal reports will be “codified” in new laws to overhaul the public sector’s financial management, the deputy prime minister said yesterday. K Peter Turnquest told a seminar for senior civil servants that
Food store VAT exceeds forecast by double digits
Food stores’ early 12 percent VAT collections have exceeded predictions by double digits, with Super Value’s owner admitting: “We were all wrong about breadbasket sales.”Rupert Roberts told Tribune Business that VAT “zero rated” food products were up
Top negotiator: WTO 'won't hurt' this economy
The Bahamas’ newly-appointed chief negotiator yesterday pledged this nation “cannot join the WTO on terms that injure” its economy or any major industries.Zhivargo Laing, pictured, who replaces Raymond Winder, sought to reassure the private sector an
'Go no further than have to' over EU Bill
The financial services industry wants the Bahamas “not to go further than it has to” in meeting Europe’s anti-tax avoidance demands and averting a potential ‘blacklisting’.Michael Paton, a former Bahamas Financial Services Board (BFSB) chairman, told
Cruise port proposal ditches 'cookie cutter'
A 50-strong Bahamian investor group says its “reimagination” of Nassau’s cruise port and downtown will fulfill demands “that we move away from cookie cutter proposals with no sense of place”.Gerald Strachan, founder, president and chief executive of
Benchmark crypto tie-up 'marriage made in heaven'
Benchmark (Bahamas) last night hailed its newly-formed three-way alliance as “a marriage made in heaven” that will help position this nation as a leader on blockchain and crypto currency.Julian Brown, the BISX-listed firm’s chief executive and presid
CIBC names new top Caribbean executive
CIBC FirstCaribbean International Bank has named Colette Delaney as its new regional chief executive from November 1, 2018, succeeding the retiring Gary Brown.Ms Delaney has more than 30 years’ banking experience, having started her career with CIBC
Cigar enthusiasts enjoy five-day Bahamas blow
A Houston-based group enjoyed a five-day stay in The Bahamas where they were able to indulge their passion for fine cigars and the associated lifestyle with help from Graycliff.The visit by the Westside Smokers club came after its president, Jory Ten
Comfort Suites adds value with excursion
Comfort Suites is offering a “book now and receive a free private island excursion for two” special that gives its guests a full-day beach excursion to Sandy Toes private island.The offer is intended to enhance the value of the 223-room Paradise Isla
A 'national disaster' for jobs and growth
The 2018 decline in already-troubling education standards “is a national disaster” for Bahamian economic growth and employment prospects, governance reformers warned yesterday.Robert Myers, the Organisation for Responsible Governance’s (ORG) principa
Bahamian group in cruise port proposal
A 50-plus Bahamian investor group has submitted a proposal to take over management of Nassau’s cruise port as part of wider plans to grow the capital’s tourism industry.The group, which first proposed a “cultural village” development for Arawak Cay u
