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Resort’s reputation has been tarnished - Symonette
FORMER Deputy Prime Minister Brent Symonette yesterday questioned the effort being given to revive the international perception of Baha Mar subsequent to the resort’s bankruptcy ordeal.
Insurers in Obamacare style alternative to NHI
The Bahamas Insurance Association (BIA) yesterday unveiled its own Obamacare-style alternative to the proposed National Health Insurance (NHI) plan, arguing that requiring all legal residents to have insurance will be “less disruptive” to the economy.
‘Partisan politics gets in way of fighting crime’
FORMER Governor General Sir Arthur Foulkes yesterday highlighted the negative impact “partisan politics” has on remedying the country’s crime crisis, saying that the country “has not been good at knowing where to draw the lines in our politics” when addressing the issue.
Container Port in 20-30% share cut over tax breaks
The Freeport Container Port’s market share could be slashed by 20-30 per cent if the city’s expiring tax breaks are not renewed, with more than 60 per cent of existing cargo volumes put “at risk”.
Baha Mar troubles ‘threaten recession’
The FNM’s deputy leader yesterday warned that Baha Mar’s ongoing woes threaten to throw the Bahamas back into a recession, and said: “It is the day we feared.”
Taxpayers should get 25% Baha Mar stake
The Bahamian taxpayer should have a 25 per cent equity stake in the Baha Mar project given the “shocking” amount of concessions handed to it by the Government, an outspoken QC argued yesterday.
QC ‘terrified’ by Freeport tax grab
An outspoken QC has been “terrified” by what he perceives as the Government’s planned Freeport ‘tax grab’, forcing him to launch a second Judicial Review challenge to its ongoing Hawksbill Creek Agreement (HCA) assessment.
PM told: ‘Be decisive’ and close $8m project
Environmental activists have urged the Prime Minister to replace “procrastination” with “decisive action” and implement a Supreme Court Order to close the $8 million Blackbeard’s Cay project, one yesterday describing the situation as “beyond ridiculous”.
Payment row caused Baha Mar ‘slow down’
The Government has intervened in the row between Baha Mar and its main contractor, amid suggestions that China Construction America slowed down its work rate in the run-up to the planned March 27 opening due to a payment dispute.
Alfred Sears calls for 'sensitivity' in immigration approach
FORMER Attorney General Alfred Sears said the government needs to "exercise the level of sophistication" and "sensitivity" in "harmonising" its local and international obligations while enforcing its new immigration policies.
Ground broken for new Andre Rodgers Baseball Stadium
BASEBALL will once again have a home in the Bahamas as the government officially broke ground on the intended site for the new Andre Rodgers Baseball Stadium.
DNA criticises latest job losses
DNA Leader Branville McCartney said he has “no confidence” in the implementation of value added tax by a government that “can’t even get their disclosures right”.
Gov’t pushing MSC, Hutchison on MoU
The Government is pushing for Mediterranean Shipping Company (MSC) and Hutchison Whampoa to sign a Memorandum of Understanding (MoU) this week, which some observers believe deals with the Grand Bahama Port Authority’s (GBPA) acquisition.
Moody’s to make Govt ‘come clean’
Moody’s downgrade threat will force the Government “to come clean”, the DNA’s leader said yesterday, and be more accountable and transparent than it has been with the Bahamian people on the nation’s fiscal crisis.
Forbes, Smith and Miller ratified as PLP gets ‘war ready’ for election
THE Progressive Liberal Party last evening moved one step closer to its “war ready” mantra, as the party announced the ratification of three incumbent candidates on Thursday evening.
Deputy P.M. calls reports on Baha Mar ‘mischief’
DEPUTY Prime Minister Philip “Brave” Davis yesterday said he could not confirm reports that Chinese investors have requested significant concessions and benefits from the government as incentive to remobilise Baha Mar, but he called concerns about the matter “political mischief”.
‘Magical partnership’ urged between Gov’t and private business
The Government and private sector were yesterday urged to form “a magical partnership” to combat high unemployment and escalating levels of violent crime.
$10m needed to complete building of sports stadium
MORE than $10m of the Ministry of Works’ capital budget will be spent to complete the Andre Rodgers Baseball Stadium in the upcoming fiscal year. According to Minister of Works Desmond Bannister yesterday, $10,070,065.53 is committed to the project,
Albany: Bahamians to get 95% of 650 new construction jobs
ALBANY’s developers yesterday said its newly-launched Marina Residences would create 650 construction jobs over the next 18-24 months, telling Tribune Business that approximately $370 million in economic activity had been generated from lot sales.
The House should vote the gambling issue
THE much awaited letter from House Speaker Dr Kendal Major informing him of North Abaco MP Hubert Ingraham’s resignation from the House arrived on the Governor General’s desk yesterday morning.