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.
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.Raymond Winder, addressing a Bahamas Chamber of
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.The Government yesterday signed a Heads of Agreement (HOA) with 4 M Harbour Ltd for the redevelopment of the
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.Captain Randy Butler, Sky Bahamas’ chief executive, said Dionisio D’Aguilar’s c
Don’t panic - EU’s ban won’t last long
The Government was last night “optimistic” The Bahamas’ blacklisting will be “quickly reversed”, suggesting the European Union (EU) had ignored top-level pledges to meet its demands.
EU warning to Bahamas: Tax system ‘harmful’
THE Bahamas was warned in late January 2018 that its tax system is “harmful”, with the European Union (EU) demanding a detailed action ‘plan’ to remedy “deficiencies” within one month.
BAIC suffers NIB pay delinquency
THE Bahamas Agricultural and Industrial Corporation (BAIC) “largely” failed to pay NIB contributions between 2012-2017 despite deducting these from employee salaries, it was revealed yesterday.
