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PROPOSED US immigration reforms could have positive implications not only for Caribbean nationals living in the US but also their home countries, a former Bahamian Cabinet minister believes. “The reforms that offer a pathway to citizenship might be applicable to thousands of Caribbean nationals who have spent years living and working in the US, and might be deemed entitled to regularisation as citizens,” said former minister of state for finance Zhivargo Laing.
Have you ever regretted choosing a particular career path, or feel devastated after finding out you have made a poor choice? Even though it isn’t always possible to foresee the changes in our lives, many people find themselves trapped in careers that initially seemed glamorous and appropriate, but resulted in monotony and boredom.
A Bahamian law firm’s Private Clients and Wealth Management Group has been shortlisted for ‘Team of the Year’ at the inaugural Society of Trust and Estate Practitioners (STEP) Caribbean Awards 2013. The Higgs & Johnson team has more than 40 years of experience in the private client field, including offshore and onshore trusts and, more recently, foundations.
The Government yesterday pledged it would monitor the $5 million Blackbeard’s Cay project to ensure there was an “equitable distribution” of cruise visitors with Bay Street, emphasising that it wanted to bring downtown Nassau “alive”.
The Bahamian economy will be impacted “across the board” if deficiencies in its aviation safety regime are not rapidly addressed, top industry executives warned yesterday, with airline expansion plans and a proposed Aircraft Registry having to be placed on hold.
The Bahamian liquidators for an alleged multi-million dollar international fraud have been blasted by a British Virgin Islands (BVI) judge over a “remarkable” and “gratuitous” agreement with a BISX-listed broker/dealer.
The Central Bank of the Bahamas was holding almost $71 million in ‘dormant account’ funds at year-end 2012, having received a further $3.58 million last year.
THE Bahamas is playing “catch up” on a number of aviation safety reforms that should have been implemented two to three years ago, a Cabinet Minister said yesterday, acknowledging that deficiencies in this area could hurt the country’s tourist destination reputation.
REGULATORY policy and Immigration were among the issues raised by financial services industry leaders during a recent conclave for chief executives hosted by the Bahamas Financial Services Board (BFSB).
TOURISM Minister Obie Wilchcombe yesterday described the casino gaming industry as being “fundamentally important” to the Bahamas tourism product, noting that proposed reforms were vital if it was to compete with rival jurisdictions.
A senior pastor yesterday called for Bahamian businesses and workers to be placed on “level ground” with their foreign counterparts, warning that failure to do so could create major social unrest.
When I was in primary school I never got a 4.0 on my grade point average (GPA), even though I did ‘A’ level work for the majority of my classes.
The Minister of Financial Services yesterday said he had submitted a written policy proposal to deal with the sector’s Immigration needs, and said there was “no need for panic” over work permit issues.
The Bahamas is 75 per cent complete on an ‘action plan’ designed to overhaul what a leading international authority has branded the worst aviation industry safety regime in the entire Americas region.
Bahamian casinos are currently earning just one-fifth of the annual revenue take enjoyed by their Las Vegas counterparts, Tribune Business was told last night, with proposed reforms having the potential to “quadruple” the industry’s income.
Atlantis’s new $6 million sports book will be open “by September 1 this year, its top executive yesterday saying that it would be a question of “how many guests will you lose” if the Bahamas did not reform its casino gaming laws.
The Bahamian financial services industry is fearful it may be “targeted next” by the Immigration Department, amid concerns that the work permit crackdown has created a “disconnect” with this nation’s ‘international business centre’ image
The Bahamas must decide whether to take its financial services business “to the next level or watch its current market base erode”, a leading attorney yesterday calling for the industry to develop a ‘Master Plan’.
We watched on April 1, 2013, as members of the union representing Bahamas Electricity Corporation (BEC) line staff prevented access and departure from the Corporation’s Blue Hill Road headaquarters
A $12 million West Ridge condominium development is expected to be completely sold out within “a month to a month-and-a-half”, its realtor telling Tribune Business yesterday that eight commitments were secured at this weekend’s open house.
A BAHAMIAN boat/yacht broker expects the “fantastic” turnout at the weekend’s PalmCay Boat Show will translate into significant sales over the next few months, telling Tribune Business the 2013 version generated ‘10 times’ the amount of interest compared to last year.
The Nassau Airport Development Company (NAD’s) entire management team this month took a field trip to the Atlantis resort and spent half a day with their hotel industry peers, discussing tourism trends, current challenges and future prospects for industry growth.
RoyalFidelity’s domestic mutual fund family attracted almost $7 million in new assets during the 2013 first quarter, amid concern that Bahamian investor returns could be hit by a lack of new fixed income investment opportunities.
A two-time Bahamas Real Estate Association (BREA) president is seeking legal advice on whether he can file a lawsuit that would force the organisation to become separate from the Board that regulates the industry.
THE Bahamian web shop industry will likely fall into the hands of organised crime if established operators are forced to shut their businesses down, one of their attorneys telling Tribune Business: “I don’t think people understand how much trouble we are looking at”.