The cruise industry isn't going anywhere. The current players have raised impressive capital, but even if they were to seek bankruptcy protection, the industry itself will survive. Smaller ships would be a net positive to the port development.
The investment is what helps you in dire straits. The anti foreign sentiment is what hurts you. Notwithstanding the fact that one company is local, the other would most certainly create jobs and revenue for the Bahamas.
Wow. Maybe they want to lose seats in parliament to even things out a little? I can't think of why else they would do something this crazy. Nobody will come. People don't seem to realize that covid is just the tip of the economic iceberg. Without tourists this country will suffer far more than with Covid. It's simple math.
Nobody is talking about 'giving away the farm'. Making investment easier does not mean giving anything away. It still entails capital and risk, and it still employs Bahamians and contributes to the commonwealth. Making it inviting to do so here vs. Turks or Cayman (or anywhere else) is not giving away anything. On the contrary, it enriches our nation. The notion that investors are clamoring to come to our 'Disneyland' or would stay if we over taxed them is simply false. If only that were so.
SipPis says...
The cruise industry isn't going anywhere. The current players have raised impressive capital, but even if they were to seek bankruptcy protection, the industry itself will survive. Smaller ships would be a net positive to the port development.
On FULL STEAM AHEAD: COVID crisis won’t blow Global’s port project off course
Posted 24 June 2020, 11:27 a.m. Suggest removal
SipPis says...
The investment is what helps you in dire straits. The anti foreign sentiment is what hurts you. Notwithstanding the fact that one company is local, the other would most certainly create jobs and revenue for the Bahamas.
On Hurricane Hole developer's new $352m project
Posted 24 June 2020, 11:19 a.m. Suggest removal
SipPis says...
Wow. Maybe they want to lose seats in parliament to even things out a little? I can't think of why else they would do something this crazy. Nobody will come. People don't seem to realize that covid is just the tip of the economic iceberg. Without tourists this country will suffer far more than with Covid. It's simple math.
On Tourists need negative COVID-19 test from July 1
Posted 17 June 2020, 5:03 p.m. Suggest removal
SipPis says...
Please lord let's not begin this marxist history erasing craziness here. Bahamians are sensible, not radical.
On ‘We should march to force removal of Columbus statue’
Posted 11 June 2020, 4:34 p.m. Suggest removal
SipPis says...
Nobody is talking about 'giving away the farm'. Making investment easier does not mean giving anything away. It still entails capital and risk, and it still employs Bahamians and contributes to the commonwealth. Making it inviting to do so here vs. Turks or Cayman (or anywhere else) is not giving away anything. On the contrary, it enriches our nation. The notion that investors are clamoring to come to our 'Disneyland' or would stay if we over taxed them is simply false. If only that were so.
On Bahamians urged: Abandon foreign investor 'xenophobia'
Posted 10 June 2020, 1:32 p.m. Suggest removal