The writer wants the native Bahamian to become a second class minority in this blessed country of ours. If what he wants takes place, Gentrification will be the order of the day in this country Our resources will be further strained and classism will have a new meaning this country.
I say eliminate or reduce the Brain drain, Give Bahamians the same investment incentives as foreigners and we will be just alright.
Retrenchment in the the pension, investments and capital markets business in the Bahamas will continue as long as Bahamians fail to adopt a long term view with their personal finances. What is needed is more education from the primary school level so that our youth can learn about what is possible with consistent saving, power on compounding interest, investment products, that are available. Too many of us see national insurance as our hope for survival in retirement so we live for today with the attitude that tommorow will take care of itself. The old fashion asue that our parents partook in along with the Money we gamble every day can easily be pooled into financial products to create thousands of financially secured individuals. A change in the Bahamian mindset is needed.
Some of the failed IPO s that come to my mind in the Bahamas recent history include RND cinemas, Benchmark Bahamas LTD,, Freeport Concrete was also a major failure and Bank of the Bahamas. You are right in saying city market was a failure, there is hope still for BOB if the political interference is removed from that institution. . Cable Bahamas can also be considered failure with the absence of divididend payment over the last few years
Banker. as usual while the world moves forward. The Bahamas plays catch up. Tell me do you care to become a government advisor on what should be included in the DARE bill and give back because i dont think they would even consider paying you for your services..
Meanwhile with the amount of Chinese stores popping up in the retail sector and Chinese businesses in other areas, one can easily conclude that the WTO assention has already arrived
This would be a great move. Commonwealth Bank initiated their IPO in 2000 because pop wife sold a portion of her large share holding in the bank. With the thinking of the likes of Mr Roberts. It may take one of his kids to finally decide to go the IPO route for super value because his mind set is colonial and he does not beleave in spreading the wealth to the masses. Joining the WTO may just be the thing that forces his hand.
Mr Roberts can see that his Super Value chain will go the way of City Markets as soon as the Bahamas joins the WTO. Market forces will prevail with the likes of US giants Publix and Kroger waithing in the wings
Brave them need to sit small and watch the investment results pile up for every island. These kind of results happen because Bahamians wised up and changed the status quo and put a doctor in charge. Them lawyers like brave been talking fool to the people for too long. The Bahamian population are no longer interested in the PLP foolishness
Big feather in the Minnis Governent cap and for the people of Grand Bahama. My only concern is would the Government be charging the RC/ITM group **stamp tax** on the 65 million sale price of this transaction.or is the Stamp Tax apart of the many concessions given to close the deal.
realitycheck242 says...
The writer wants the native Bahamian to become a second class minority in this blessed country of ours. If what he wants takes place, Gentrification will be the order of the day in this country Our resources will be further strained and classism will have a new meaning this country.
I say eliminate or reduce the Brain drain, Give Bahamians the same investment incentives as foreigners and we will be just alright.
On BUSINESS BITES: To really grow our economy we need foreigners - tens of thousands of them
Posted 11 April 2019, 8 p.m. Suggest removal
realitycheck242 says...
Retrenchment in the the pension, investments and capital markets business in the Bahamas will continue as long as Bahamians fail to adopt a long term view with their personal finances. What is needed is more education from the primary school level so that our youth can learn about what is possible with consistent saving, power on compounding interest, investment products, that are available. Too many of us see national insurance as our hope for survival in retirement so we live for today with the attitude that tommorow will take care of itself. The old fashion asue that our parents partook in along with the Money we gamble every day can easily be pooled into financial products to create thousands of financially secured individuals. A change in the Bahamian mindset is needed.
On FamGuard chief hails Leno deal as 'win-win'
Posted 11 April 2019, 3:52 p.m. Suggest removal
realitycheck242 says...
Some of the failed IPO s that come to my mind in the Bahamas recent history include RND cinemas, Benchmark Bahamas LTD,, Freeport Concrete was also a major failure and Bank of the Bahamas. You are right in saying city market was a failure, there is hope still for BOB if the political interference is removed from that institution. . Cable Bahamas can also be considered failure with the absence of divididend payment over the last few years
On Super Value chief says ‘no’ to WTO
Posted 9 April 2019, 1:01 p.m. Suggest removal
realitycheck242 says...
Banker. as usual while the world moves forward. The Bahamas plays catch up. Tell me do you care to become a government advisor on what should be included in the DARE bill and give back because i dont think they would even consider paying you for your services..
On Crypto ‘marriage’ with traditional financial services
Posted 9 April 2019, 10:08 a.m. Suggest removal
realitycheck242 says...
Meanwhile with the amount of Chinese stores popping up in the retail sector and Chinese businesses in other areas, one can easily conclude that the WTO assention has already arrived
On Super Value chief says ‘no’ to WTO
Posted 8 April 2019, 6:24 p.m. Suggest removal
realitycheck242 says...
This would be a great move. Commonwealth Bank initiated their IPO in 2000 because pop wife sold a portion of her large share holding in the bank. With the thinking of the likes of Mr Roberts. It may take one of his kids to finally decide to go the IPO route for super value because his mind set is colonial and he does not beleave in spreading the wealth to the masses. Joining the WTO may just be the thing that forces his hand.
On Super Value chief says ‘no’ to WTO
Posted 8 April 2019, 6:15 p.m. Suggest removal
realitycheck242 says...
Mr Roberts can see that his Super Value chain will go the way of City Markets as soon as the Bahamas joins the WTO. Market forces will prevail with the likes of US giants Publix and Kroger waithing in the wings
On Super Value chief says ‘no’ to WTO
Posted 8 April 2019, 3:44 p.m. Suggest removal
realitycheck242 says...
Brave them need to sit small and watch the investment results pile up for every island. These kind of results happen because Bahamians wised up and changed the status quo and put a doctor in charge. Them lawyers like brave been talking fool to the people for too long. The Bahamian population are no longer interested in the PLP foolishness
On A GRAND RESULT: Lucayan deal brings massive economic boost
Posted 28 March 2019, 11:38 p.m. Suggest removal
realitycheck242 says...
Big feather in the Minnis Governent cap and for the people of Grand Bahama. My only concern is would the Government be charging the RC/ITM group **stamp tax** on the 65 million sale price of this transaction.or is the Stamp Tax apart of the many concessions given to close the deal.
On Royal Caribbean International, ITM Group purchase Grand Lucayan
Posted 28 March 2019, 5:24 a.m. Suggest removal
realitycheck242 says...
Take it or leave it. Yourll trying to swing the government. Mean while the culprit is Hutchison Whampoa thats where they should take their case.
On Lucayan managers ‘just want justice’
Posted 27 March 2019, 3:35 p.m. Suggest removal