Demand for standards and quality will improve the way business is done in the Bahamas does not inspire hope for imprpvement.
Bank fees have risen over 100% in the Bahamas the highest in the Caribbean and where was the Chamber of Commerce complaining over this astronomical cost all business would have incirred over 365 days of doing business?...
Where was the Chamber of Commerce complaining that the mail to and from its Budiness clients takes foreever to get to customers as the General Post Office is not working ar full level?...
Where was the Chamber of Commerce saying anything about web shop activities ...and are they represented by the Chamber of Commerce?..etcetcetc

The owners of the fallen down, decriped, eyesore properties east of East st are likely waiting on the govt to use borrowed funds to be repaid by the rest of the nation to build a boardwalk along the warerfront stretching from Ptrince George to the old Pan Am landing.
Currently they should be fprced to renovate or govt reclaim by eminent domson because it is an abominnation for tourists to pass through this corrodor too get to PI or do business woth owners of busonesses further east who maintain their proprrties law firms ,banking..showpieces of our Bahamian services.
Govt spends millions to market internationally and these run down properties should not be allowed to prevent the country to get full value of the beautiful scenes the ads portray
To get to Atlantis the touirist or internayional or local business people should not have yo pass through a mile of eyesore properties.

Dead for many reasons I fully agree.....Harbour is an industrial Harbour.....electricity prices drive away investors, HawksBill Agreement needs revamping...full tax incentives outside of zFreeport....remarketing of the missile base movie business, abandoned plans for the new touirist port between Caravel beach and Lucaya on non Port land, abandonment of Ginn marketing, non use of West End airport, Banks selling huge amounts of foreclosed property by one dept and next dept lowering collateral value held by existing businesses to survive.....unused Bazzar which has already millions of marketing dollars spent....closure of free roadway in front of Kings Inn....Oasis, New hospital needed....etcetcetc....
I dont fully agree with the current plans and if its only the persons who came out who are siffering what about the thousands others siffering..
A bonus for the sellers ...a bonus for the banks...customers likely paying loans for houses nor wort the loan balamce....attract more web shop gamblers....more employment for people who know better will have them relocate to nassau to their friends and families.......and more money shuffled down.
When you dont have mammy grammy will do ...after searching for 42 million and now having to spend 110 million plus.........this is an alternating situation how many govts have tried to change from over 30 years ago when Borco was closing laid off staff.....plus many Cabinets stuffed with Freeport residents in Ministerial posts, finance etc...and now a Deputy PM.....

.........and whomsoever responsible for this ......suffering and horriffic demise......not to be prosecuted is unforgivsble.
Even more shocking is the official(s) who keep on receiving payckeque(s) for 11 years to do their job.

Brilliantly Diagonosed that Grand Bahama has been suffering from the early 90s.

Any economic stimulus from the govt part must be coupled and augmented by the govt investogating predatory banking activities and exceptionally high banking fees that strip any gains the community makes.
Much of the new employment will directly go to the banks .......All Bahamians should not make sacrifices to Grand Bahama only to have the employed and families go to the banks and profits leave through the back door....and before business go to Bank of the Bahamas there should be a forensic investigation into its banking and anyone responsible for fraud punished so that business will go to build a healty bank. .?All banks need to be examined on the past mathematical calculations and other in granting loans and marginonal loans given without anyone looking out for the customer. And the use of mandated Indemnity insirances to protect loans. Indemnity insurance should have been restricted as in the hurricane senario which would have massive destruction as happened and the placing of massive teal estate fpr sale is impractical and common sense for it to work or beneficoal. Another banking practice to investigate.
Also needed is to check if mortgages are underwater in that customers are paying for loans and the value of the home is now so much less than the loan balance. Any stimulus has to be benefocial on a number of fronts moreso for the people.

Since the 90s some 27 years later many Grand Bahamians now reside in Nassau.

Kudos to Dr Minnis for forward movement

The private sector knows best.

Where exits should have been made is Bahamasair.....BEC...Water and Sewage....Development Bank, !,,Mortgage Corporstion....Bank of The Bahamas.....and where it should have kept is Batelco...Govt is not good at buying or selling. Total a,mounts especially in Bank of the Bahamas have cost us dearly and yet noone has been charged and o
It seems ecpected that all loan customers were to blame.
Instead the new govt bailed out BoB and politically changed Board Of Directors.
Looking at spending some 110 milliom to buy is a lot less than pumped into BoB and fron results it might be better to look at giving the money to start up variois ventures with the private sector instead where the mathematical probability of success is greater.

Free enterprize, market forces. How the foreign investor is treated determines future oinvestments.
Regretably that after decafes of trying to diversify thr economy to be less depemdent we have only managed to keep on switching politocians at the table.
Actually Bahamians werr given a good price to sell their shares in Atlantis.
While Bahamians should always benefit in this case the Freeport Lawyer shareholder and the Freeport Deputy PM of course must weigh the overall picture of seeking foreign capital not only for Freeport but for the entire country.

Yes there is a difficulty if web shops are the only banking option.

web shops are not banks

they are not members of the clearing banks association made up of eight banks whose members include the canadian banks whose policies imposed by their parent headoffices, canadian shareholders, canadian pension funds, ....prohibits them from accepting web shops deposits.....web shop depodits go to the bank of the bahamas and transactions in the clearing or interbank transactions happen by the second between bob and canadian banks.

shockingly the labour leader does not realize that all bahamian banks are under derisking and losing foreign banks as correspondent banks. banks controbutes towards gdp and emloys some 5,000 bahamian workers.

risking bank jobs is terrible

Fully agree John it is everywhere with easy access to the internet. Before the Church played a dominant role in the teaching of the Commandments, parents taught their children values of good broughtupsy.
Times have changed, dress lengths have changed, it is a style to wear jeans with holes it.
It is a common expression to say someone is a brother or soster with a dofferent mother.
Times have changed.
We want to be like Singapore but are not prepared to enforce existing laws like flogging and execution.

We need settle a lot of disputes by mediation.....was there a Real Estate agent and a sales commission...?