What is controversy? Buying a property next to Albany? What is the community’s interest after Dorian? No hotel? No investment? They should be grateful that a billionaire invests in The Bahamas. The country is being monitored by many institutions. Better be careful.
Corporate tax will come and business license fee go. Import duties will go and incompetitive businesses will go. Prices will be halved. Welcome to the free market for the benefit of 400,000 consumers.B$ will go…It’s the economy what else.
Yes - it’s a teardown - so land value minus demolition costs minus landfill storage so rather negative value. This building is done and the can will be kicked down the road as long as possible - nice events and nice words will not resolve anything. Our Lucay is history.
Yes, unbelievable contribution to the countries GDP now Atlantis and BahaMar will be frightened as all people planes will divert. This is worthless show business for the next elections.
RIP - wondering how the world’s biggest hotels operator can waste their excellent name on a project dead from day one. No infrastructure nothing nothing who should waste money on Hotel condos in the middle of nowhere. Fortunately this will be dead before groundbreaking.
Let’s see when IMF will be asked for support to avoid 9-11% loan sharks for repayment of $2+ bn due next year? Any good idea? The golden rule “who has the gold sets the rule”
Maximilianotto says...
$200 m taxpayers money and cutting cakes at NIB. Teardown. Nobody will buy, all unrealistic. Will linger until closed by the IMF soon.
On ‘Linking Lucayan to port project was best deal’
Posted 23 December 2021, 5:15 p.m. Suggest removal
Maximilianotto says...
What is controversy? Buying a property next to Albany? What is the community’s interest after Dorian? No hotel? No investment? They should be grateful that a billionaire invests in The Bahamas. The country is being monitored by many institutions. Better be careful.
On Kovats emerges as potential buyer for Treasure Cay
Posted 22 December 2021, 5:50 p.m. Suggest removal
Maximilianotto says...
The next buyer will pay $1,00 and ask for $100 m government loan. The 6 “interested investors” are wishful thinking, simply don’t exist.
On WALKING AWAY: Govt pulls plug on Grand Lucayan deal and is now seeking other investors
Posted 22 December 2021, 11:06 a.m. Suggest removal
Maximilianotto says...
Corporate tax will come and business license fee go. Import duties will go and incompetitive businesses will go. Prices will be halved. Welcome to the free market for the benefit of 400,000 consumers.B$ will go…It’s the economy what else.
On IMF and taxation
Posted 15 December 2021, 5:02 p.m. Suggest removal
Maximilianotto says...
Yes - it’s a teardown - so land value minus demolition costs minus landfill storage so rather negative value. This building is done and the can will be kicked down the road as long as possible - nice events and nice words will not resolve anything. Our Lucay is history.
On Cooper - like FNM - hopes for Lucayan deal ‘soon’
Posted 14 December 2021, 6:46 p.m. Suggest removal
Maximilianotto says...
What a mess!
On Carnival operator to seek judicial review if go-ahead not given
Posted 14 December 2021, 6:36 p.m. Suggest removal
Maximilianotto says...
Read the famous book „Do not stop the carnival“ - this would be second edition.
On INSIGHT: If this is how we do business, no wonder we’re in such a mess
Posted 13 December 2021, 8:29 p.m. Suggest removal
Maximilianotto says...
Yes, unbelievable contribution to the countries GDP now Atlantis and BahaMar will be frightened as all people planes will divert. This is worthless show business for the next elections.
On New Ragged Island Airport Terminal opened
Posted 13 December 2021, 2:43 p.m. Suggest removal
Maximilianotto says...
RIP - wondering how the world’s biggest hotels operator can waste their excellent name on a project dead from day one. No infrastructure nothing nothing who should waste money on Hotel condos in the middle of nowhere. Fortunately this will be dead before groundbreaking.
On Still scepticism on revival of Eleuthera ‘benchmark’
Posted 13 December 2021, 2:40 p.m. Suggest removal
Maximilianotto says...
Let’s see when IMF will be asked for support to avoid 9-11% loan sharks for repayment of $2+ bn due next year? Any good idea? The golden rule “who has the gold sets the rule”
On ‘Don’t let IMF drag us into income taxation’
Posted 11 December 2021, 9:03 a.m. Suggest removal