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Wells-led group eyes third casino licence
Ex-Cabinet Minister Tennyson Wells is heading the second Bahamian group seeking to obtain a casino licence from the Government, Tribune Business can reveal, with their sights set on the one attached to the South Ocean Resort.
'PM boxed-in but must now move forward'
FNM chairman Darron Cash yesterday called for the government to make the “tough decision” to move forward with bi-partisan discussions on web shops, adding that shutting down the unregulated businesses should no longer be an option.
Partial National Health without tax to be introduced
PRIME MINISTER Christie looked down the dark tunnel and found what we all told him he would find — darkness. The light that he had hoped would be there was not there, neither was there an economy, or a people who could afford to be taxed to supply his much-heralded National Health Insurance scheme.
$5.5m Port Lucaya acquisition closes
A UK investor has finally closed his long-awaited $5.5 million purchase of Freeport’s Port Lucaya Marketplace, the Prime Minister has disclosed.
Galanis worried Sears will not get a fair shot
FORMER Progressive Liberal Party MP Philip Galanis yesterday suggested that Alfred Sears, who is challenging the party’s leadership post, will not receive a fair shot during the party’s convention later this month.
Ingraham wants VAT hearings
FORMER Prime Minister Hubert Ingraham called for public hearings to take place into the “secretive” dealings of the Christie administration, such as value added tax (VAT) spending, saying the public would be “surprised” to see where the revenue has gone.
Bishop wants level-headed election campaign
DESPITE calls for “peace and calm” during this election season by Progressive Liberal Party (PLP) Chairman Bradley Roberts last week, the verbal jousting between parties continued over the weekend, prompting one prominent religious leader to renew calls for “level-headed political behaviour”.
Gov't projects more gradual deficit drop
The Government is forecasting a more gradual reduction in its Budgetary financing gap as a result of the restructured Value-Added Tax (VAT), and will not eliminate its total GFS deficit by the 2015-2016 fiscal year as originally projected.
VIDEO: Jubilee Gardens evacuated as smoke from dump fire chokes residents
JUBILEE Gardens residents have been evacuated after a "massive" blaze broke out on Sunday at the city dump sending plumes of choking smoke billowing over parts of New Providence. Emergency services were tackling the fire from early afternoon and the Flamingo Gardens clinic will stay open until 9pm to help residents suffering from smoke inhalation as the Princess Margaret Hospital Accident and Emergency Department was said to be "overflowing".
One&Only staff ‘pretty supportive’, says manager
ONE&ONLY Ocean Club employees were yesterday said to be “pretty supportive” of the changes at the Paradise Island-based property, as the luxury hotel’s general manager dismissed talk of low employee morale ahead of the hotel’s anticipated reopening after four and half months.
Political parties pointing fingers after Nygard arrest
PROGRESSIVE Liberal Party leader Philip “Brave” Davis said allegations against Peter Nygard in a new indictment “are extremely serious and disturbing and should be pursued to the full extent of the law”.
EDITORIAL: Have Bahamians returned to ‘Ten, ten, the Bible ten’?
“LET us by our conduct in the general election campaign that officially starts today prove ourselves worthy of the great democratic traditions of free, fair and peaceful elections that have made our country the marvel of nations around the world,” said Prime Minister Perry Christie in a televised address on Tuesday as he announced the end of the 2007-2012 parliament.
Prime Minister takes over National Security
WE WERE surprised, and yet not surprised that in the absence on medical leave of National Security Minister Dr Bernard Nottage, Prime Minister Perry Christie has added national security to his own portfolios.
A victory for the Pharisees
IN botching the gambling referendum, Perry Christie and his Progressive Liberal Party dealt a serious blow to the prospects for liberalism and progress in the Bahamas.
‘Pivotal’ Gov’t move in Freeport legal battle
The Government’s decision yesterday to release the long-withheld McKinsey report could prove “pivotal to Freeport’s future”, a well-known QC argued, and help to end “the infighting” that has obstructed the city’s economic development.
$16m CLICO payout to launch next week
A prominent CLICO (Bahamas) policyholder yesterday pledged he would “continue to challenge” the authorities to ensure such a debacle is never repeated, with the $16 million cash payout to former clients set to begin next week.
PM ‘needs to go’ as he lacks ideas
A former Chamber of Commerce president yesterday said Prime Minister Perry Christie “needs to go” because he is too old and has no innovative ideas to revive the economy, adding: “The numbers speak for themselves.”
Baha Mar files for bankruptcy
Shock move by $3.5bn resort amid constructions deadlock
BAHA Mar CEO Sarkis Izmirlian announced yesterday that the $3.5bn Cable Beach mega resort has filed for Chapter 11 bankruptcy in a Delaware Court in the United States “in order to complete construction and successfully open”.
Fred Mitchell, hero of immigration
For the first time in recent memory, The Bahamas have been featured in a front-page New York Times story, published on January 30, just one day after our annual Business Outlook Conference.
Preparing to say goodbye
THE gruesome plane crash in Grand Bahama nearly a month ago, which claimed the lives of nine people, is still fresh in the minds of Bahamians as the final goodbyes will said at memorial and funeral services tonight and tomorrow.