I doubt that it will be successful. Corn, a big component of chickenfeed is highly subsidised in the US and other countries. With import duties, any chickens grown in The Bahamas will be more expensive than the factory farms that produce chickens on a scale that can only be imagined at a price any domestic producer cannot achieve.
I would send the police to gun range training for marksmanship lessons. If there were only two suspects in the front seat, why is the entire car peppered with bullet holes, even in spots where there were no suspects? My God, the police are bad shots-- either that or very trigger happy.
Just like when the Cuban doctors came here several years ago. I met one at the Green Parrot. He told me that his family was not allowed to join him, even though he had young kids, so that he wouldn't defect and leave Cuba for good. The person who called this institutional slavery in the above comments was spot on. It is a way for the Cuban government to get hard currency by slaving out their population.
We could have a corporate income tax rate of 4% and stay out of a lot of trouble with the rest of the world. It is currently at 5.5% in Barbados, and half of the Canadian top 100 companies have an office there. Plus it would add a lot of money to the coffers, and maybe stay the exit of Canadian banks from the Bahamas.
Privatising a Swiss bank into a local domiciled small entity is not the way to boost Financial Services in the Bahamas. The regulators are paper tigers with virtually no oversight until customer funds are gone. Thinking of Montaque and Alliance and many others.
Another closed shop in the Bahamas that actually inhibits development. Notice how quick they are to say "Prosecution" and "having our back" while the words of "Innovation" and "development" are missing.
It's these small operations with under-capitalized reserves (for crying out loud, the capital requirements do not have to be cash. They can be houses, real estate, or boats or any other "assets") coupled with poor oversight, a blind, paper-tiger regulator that gives Bahamas Financial Services a bad name on the international stage.
Another respected player getting out of the Financial Services sector in the Bahamas. Slip-sliding away.
banker says...
Money laundering.
On Bahamas investor gives oil explorer $36m war chest
Posted 2 March 2020, 11:11 a.m. Suggest removal
banker says...
I doubt that it will be successful. Corn, a big component of chickenfeed is highly subsidised in the US and other countries. With import duties, any chickens grown in The Bahamas will be more expensive than the factory farms that produce chickens on a scale that can only be imagined at a price any domestic producer cannot achieve.
On Ex-minister explores poultry farm revival
Posted 2 March 2020, 11:10 a.m. Suggest removal
banker says...
Moxey is in over his head.
On EDITORIAL: Last chance saloon for BPL
Posted 25 February 2020, 11:17 a.m. Suggest removal
banker says...
I would send the police to gun range training for marksmanship lessons. If there were only two suspects in the front seat, why is the entire car peppered with bullet holes, even in spots where there were no suspects? My God, the police are bad shots-- either that or very trigger happy.
On Robber shot dead in sting operation
Posted 25 February 2020, 11:15 a.m. Suggest removal
banker says...
Just like when the Cuban doctors came here several years ago. I met one at the Green Parrot. He told me that his family was not allowed to join him, even though he had young kids, so that he wouldn't defect and leave Cuba for good. The person who called this institutional slavery in the above comments was spot on. It is a way for the Cuban government to get hard currency by slaving out their population.
On 60 Cuban teachers to cover shortages
Posted 25 February 2020, 11:11 a.m. Suggest removal
banker says...
We could have a corporate income tax rate of 4% and stay out of a lot of trouble with the rest of the world. It is currently at 5.5% in Barbados, and half of the Canadian top 100 companies have an office there. Plus it would add a lot of money to the coffers, and maybe stay the exit of Canadian banks from the Bahamas.
On Dutch demand 9% corporate taxation to escape blacklist
Posted 24 February 2020, 12:21 p.m. Suggest removal
banker says...
Privatising a Swiss bank into a local domiciled small entity is not the way to boost Financial Services in the Bahamas. The regulators are paper tigers with virtually no oversight until customer funds are gone. Thinking of Montaque and Alliance and many others.
On Bank warns 'efficiency' key to Bahamas' IFC survival
Posted 11 February 2020, 6:45 p.m. Suggest removal
banker says...
Don't do it.
On Oil explorer extends fund offer by 3 days
Posted 11 February 2020, 11:07 a.m. Suggest removal
banker says...
Another closed shop in the Bahamas that actually inhibits development. Notice how quick they are to say "Prosecution" and "having our back" while the words of "Innovation" and "development" are missing.
On Realtors close on reforms to 'take it to another level'
Posted 11 February 2020, 11:04 a.m. Suggest removal
banker says...
It's these small operations with under-capitalized reserves (for crying out loud, the capital requirements do not have to be cash. They can be houses, real estate, or boats or any other "assets") coupled with poor oversight, a blind, paper-tiger regulator that gives Bahamas Financial Services a bad name on the international stage.
Another respected player getting out of the Financial Services sector in the Bahamas. Slip-sliding away.
On Bahamas bank in managers buy-out
Posted 10 February 2020, 1:47 p.m. Suggest removal