Comment history

realitycheck242 says...

Now that BOB has transitioned to a retail-lending focused business model, A turn around in its profits should be expected. .Also Moody's it quoted as saying "added that BOB's seeming recovery, with the BISX-listed institution starting to turn small quarterly profits following the bad loans' removal, could help offset any migration of Bahamas Resolve's liabilities on to Bahamian taxpayers.This slight turn around is the result.

realitycheck242 says...

Now that the Waste Resources Development Group (WRDG) and its Providence Advisors partner, have won the Land fill bid, I think it would be prudent for the government to not put too many eggs in one basket by eliminating Providence advisors and the Nassau Port Partners consortium, from any contention of winning the Nassau Cruise Port redevelopement contract...Global Ports Holding consortium in partnership with CFAL and; Cultural Village (Bahamas) headed by Gerald Strachan in partnership with Royal Fidelity are in my opinion the best choices and the front runners for the cruise port.

realitycheck242 says...

Ok so the government will be getting $50 million minimum per annum from the web shops in taxes. The government main bank is Royal Bank. It goes to show money is money. The Banks will not accept money directly from the web shops with BOB being the only exception, but they will accept money from the government .

On Govt gives up $25m annually on web shops

Posted 14 February 2019, 1:43 p.m. Suggest removal

realitycheck242 says...

While Mr Brown concerns has merit. The Bahamian dollar supply which the web shop industry is primarily denominated with will always carry alot of nagative weight in any argument the government may provide for to clearly differentiate it from the international sector. While Bahamian dollars, may be of little to no use to international money launderers and other international financial criminals, Can the same thing be said about the local web shop businesses some of whom have cross border operations ???.

realitycheck242 says...

Say their idea. That may be true, but you sir are the single and most important reason why the PM and the FNM will be relected.the government in 2022. Your leadership and daily verbal jabs are like a spear in the backs of all right thinking Bahamians who dont want to see your leadership and the likes of what your.ll did to this country in power again. My advice to you is sit small and let chester be the PLP leader.

realitycheck242 says...

I go on record as saying Oban is dead. This government has awoken from the stupor that they started of with the first two years.A whole cabinet meeting in Grand Bahama and Oban is not on the agenda. If the PM says"“Listen I’m talking about futuristic - Oban is not"…Thats a win for the envioronment, a win for the government wiseing up to the present day realities of investors who only see the Bahamas as a third world country where they could come pollute a whole island and laugh all the way to the Bank.

On Future of Oban deal unclear

Posted 6 February 2019, 12:17 p.m. Suggest removal

realitycheck242 says...

The Barbados government has put a freeze on borrowing for the next four years. While the Bahamas is not in the precarious situation as Barbados who has a depth to GDP ratio of 146%. Our government should be commended for the Fiscal Responsibility Act’. However over the next three years this administration must find a way to have more funds filter down to the small man in this country. The small people are saying the government does feel their pain and are out of touch with their situation.

realitycheck242 says...

**“tokenised securities” listings and trading. These digitised/electronic instruments effectively replicate ordinary shares issued by blue chip companies such as Amazon, with holders enjoying the same voting and other rights.** These are the key words to this whole article. This some valid stuff. The question is will BISX be able to provide a secure environment for these securties and will the central bank and the government implement the necessary legislation for regulation of this type of securities .

realitycheck242 says...

Going well thanks to Sarkis Vision of the hotel Brands offered there ....but i get your point.

realitycheck242 says...

Sheep ....i think he should get Baha Mar back .... CTFE should be made to pay Sarkis 2.2 Billion or give him back the hotels and CCA should made to pay a substantial amount in fines