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Silver Airways Begins Service To Nassau PM Announces Tax Reductions
 

Silver Airways Begins Service To Nassau

Fort Lauderdale-based airline Silver Airways made its inaugural flight from Tampa, Florida to New Providence yesterday adding 25,000 new seats to The Bahamas. Silver Airways will provide flights from Tampa, Fort Myers, Jacksonville and West Palm Beach, Florida to New Providence. “Today’s activities are significant in that the new routes allow a wide range of […]

PM Announces Tax Reductions

In an effort to provide relief to consumers and businesses, Prime Minister Perry Christie yesterday announced a number of customs duty reductions. During his 2016/2017 budget communication yesterday, Mr. Christie said the government is proposing to      extend the City of Nassau Revitalization Act for another year to June 30, 2017; extend the Family Island Development Encouragement […]

Oppostion rejects budget communication

26 May 2016

The Free National Movement (FNM) called Wednesday morning’s Budget Communication presented by Prime Minster Perry Christie, exhausting, dull and unimaginative. Immediately following an almost three hour reading by the prime minister, the FNM responded saying the budget was not for the Bahamian people, trite and overall disappointing. Speaking on behalf of the opposition was the […]

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New Mortgage Relief Plan

26 May 2016

Prime Minister Perry Christie yesterday in the House of Assembly said that homeowners qualifying for the government’s forthcoming mortgage relief programme will cause a 20 per cent to 25 per cent reduction in mortgage payments. Mr. Christie said the mortgage relief programme will give residents “a chance to get back on track”. This relief programme, […]

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More Than $10Million Paid To Clico Policy Holders

26 May 2016

The government has honoured its pledge to compensate Clico policyholders who were left in limbo after the company folded its operations in The Bahamas nearly seven years ago. The move created widespread uncertainty and caused the government to be bombarded with complaints from policyholders demanding they not be left in the dark. In March, Prime […]

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Gov’t To Borrow $99 Million

26 May 2016

The government plans to borrow less than $100 million, it was announced yesterday. State Minister for Finance Michael Halkitis announced tabled a resolution for the Government of The Bahamas to borrow just over $99 million for expenditure. This, he said is significantly down from the $543 million needed when the Christie administration first took office […]

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Bill For The University Of The Bahamas Tabled

26 May 2016

After much anticipation and wait the bill responsible for the funding that will allow the College of The Bahamas to transition to university status was tabled yesterday in Parliament. This legislation was one of the more significant promises the Progressive Liberal Party made leading up to the most recent election. Fitzgerald expressed his optimism for […]

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Louis Bacon Has Crossed The Line

25 May 2016

By P.J. Malone Hedge-fund billionaire, Louis Bacon, seeks to defy the Constitution of The Bahamas by applying to the Supreme Court of The Bahamas to ignore the rights of Parliament, in order to protect his self-admitted political organization, Save The Bays, from being called into question. Look at where we are because of this hedge-fund […]

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Roberts Calls For Party Unity on Bills

25 May 2016

Progressive Liberal Party(PLP) Chairman Bradley Roberts yesterday called for solidarity between his party and the Free National Movement(FNM) on the four constitutional amendments on gender equality. Mr. Roberts noted that the bills were near unanimously voted on in both houses of parliament, and he said this is an indication that there is bipartisan support for […]

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Over 170,000 new people registered for Referendum

25 May 2016

Parliamentary Commissioner Sherlyn Hall has confirmed that over 170,000 new persons are registered for upcoming gender equality referendum.   Persons that were not registered for the last referendum would’ve had to register for the upcoming gender equality referendum.   “In terms of the numbers, as of yesterday, we have 179, 829 registered Bahamians on that […]

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Out Island Schools Affected By Hurricane Joaquin Have Been Repaired

25 May 2016

With the start of the 2016 Hurricane Season a few weeks away the wounds are still fresh in the minds of a large number of Bahamians due to the significant impact and loss due to Hurricane Joaquin. Hurricane Joaquin was a devastating storm that ravaged much of the out island infrastructure with schools suffering a […]

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MOU Between COB and BAMSI Signed

25 May 2016

The Memorandum of Understanding between the College of The Bahamas and the Bahamas Marine Science Institute was signed yesterday at the Harry C. Moore Library boardroom on the COB’s Oakes Field campus.   The agreement marks a monumental milestone in Bahamian history as the two projected leaders in Bahamian tertiary education have partnered to help […]

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