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News Article

August 30, 2010
Letter: The term 'Catholic' and what it means

EDITOR, The Tribune.

I found the letter by "Catholic" to be very informative. However, his signing of the letter with "Catholic" would be permissible if he had left out that an aspect of his ministry was his ability to forgive sins. I would have no problem with anything in his letter if he had signed his name "Roman Catholic", because that denomination gives their priests the authority to forgive sins. His use of the term "Catholic" means Christian and if you call yourself Christian, it means that only Jesus Christ has the authority and ability to forgive sins. Being of the Protestant persuasion it is very difficult for me to read this "misrepresentation" ...

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News Article

August 30, 2010
Light at the end of the tunnel

By SCOTT ARMSTRONG
Guardian Business Editor
scott@nasguard.com
twitter.com/guardianbiz

After three years of continuous losses City Markets has finished a tough 2010 by making its first actual profit in the final period of the financial year.
Bahamas Supermarkets Limited, which runs the chain, has seen the first sign of hope that a turnaround is possible by making around$80,000 profit for period 13 of the year, sources toldThe Nassau Guardian.
However 2010 has been a year of much-needed restructuring that will come at a price, with the company on track to make a$7 million total loss for the year. While that is significantly lower than 2008's alarming$13.5 million loss it is more than last year & ...

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News Article

April 07, 2011
Contracts signed to aid Police and Customs operations

Nassau,
The Bahamas - Two contracts were signed during a ceremony on April 6 at
the Ministry of Public Works and Transport to undertake general repairs
and minor reconfiguration of spaces occupied by departments in CDU,
Criminal Records Office, Crime Scene Investigation and Drug Enforcement
Unit and continue work on the Customs Scanner Building.

Among
those attending the ceremony was the Hon. Neko C Grant, Minister of
Public Works and Transport; the Hon. Tommy Turnquest, Minister of
National Security; the Hon. Zhivargo Laing, Minister of State for
Finance; Elizabeth Keju, Acting Permanent Secretary, and Customs
Controller Glen Gomez...

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News Article

September 01, 2010
Canada Research Council pays courtesy call on National Security Minister

Nassau, Bahamas - Minister
of National Security the Hon. OAT "Tommy" Turnquest welcomes Dr.Veena
Rawat, president, Canada Research Council, during a courtesy call at the
Churchill Building on Monday, August 30.

Pictured from left: Marc Dupuis,
director general Engineering Planning Industry, Canada; Dr. Rawat; Minister
Turnquest; and Missouri Sherman-Peter, permanent secretary...

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News Article

September 01, 2010
Contract rsigned for enovations to the Ansbacher Building for Supreme Court accommodations

Nassau, Bahamas -

Minister of Public
Works and Transport the Hon. Neko Grant, along with Attorney General Senator the Hon. John
Delaney and executives of SUNCO Builders & Developers Ltd., on Wednesday,
Sept. 1 signed a contract for (ground floor) renovations to the Ansbacher
Building for Supreme Court accommodations.

The signing took place at
the Ministry of Public Works and Transport. Pictured from left: Colin
Higgs, permanent secretary, Ministry of Public Works and Transport;
Minister Grant; Attorney General Delaney; Archie Nairn, permanent secretary
in AG's Office;  Emmanuel Alexiou, SUNCO director; and  Ewan
Tough, SUCCO vice president.

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News Article

September 01, 2010
Contract signed for renovations to the Ansbacher Building for Supreme Court accommodations

Nassau, Bahamas -

Minister of Public
Works and Transport the Hon. Neko Grant, along with Attorney General Senator the Hon. John
Delaney and executives of SUNCO Builders & Developers Ltd., on Wednesday,
Sept. 1 signed a contract for (ground floor) renovations to the Ansbacher
Building for Supreme Court accommodations.

The signing took place at
the Ministry of Public Works and Transport. Pictured from left: Colin
Higgs, permanent secretary, Ministry of Public Works and Transport;
Minister Grant; Attorney General Delaney; Archie Nairn, permanent secretary
in AG's Office;  Emmanuel Alexiou, SUNCO director; and  Ewan
Tough, SUCCO vice president.

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News Article

April 12, 2011
Cooperation Needed on Migration Issues, says OAS Assistant Secretary General

The

Assistant Secretary General of the Organization of American States

(OAS), Ambassador Albert Ramdin, says international migration is a

growing phenomenon that requires countries to work together on

policies that protect the rights of all people. Speaking at a

conference on migration issues hosted by the Organization of

American States in Washington, DC, the OAS official said,

"Developing effective policies on migration is an intricate and

delicate challenge, but a challenge that can be

met."

According to Assistant Secretary General Ramdin,

countries and governments in the hemisphere are already confronting

a wide range of complex issues due to migration, since movement

across national borders permeates many policy fields.

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News Article

April 13, 2011
PM and minister thanked for helping school

Dear Editor,
Kindly permit me space in your paper to openly thank Prime Minister Hubert A. Ingraham and Minister of Education T. Desmond Bannister for delivering on a promise made to the parents and students of the Stapledon School.
On March 2, 2009, in a letter addressed to the then Minister of Education Carl Bethel, the PTA of the Stapledon School voiced its concerns over the construction of the then proposed road improvement project. Of particular interest was the Rock Crusher Corridor, which runs directly at the rear of the school. Our concern was for the safety of our students given the proximity of the new road to the school's campus and the fact that our school is home to scores of studen ...

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News Article

September 01, 2010
Letter: So it's not OK to be a nuisance

EDITOR, The Tribune

Re: Move to deal with problem of unlicensed street vending - The Tribune, August 28, 2010.

You mean to tell me it's not OK to be a nuisance, disregard permits and taxes, endanger lives, obstruct traffic, and otherwise break the law, if someone is "just trying to make a living"? C'mon, you just want to take bread out of the children's mouths!

KEN W KNOWLES, MD

Nassau,

August 30, 2010.

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News Article

September 02, 2010
2010 Little Miss Bahamas Organization now accepting applicants

Our

Little
Miss Bahamas Pageant in affiliation with World's Our Little Miss
International wants  "To select the most outstanding and outgoing little
Miss in the Bahamas".  Contestants meeting to be held at the Sheraton Nassau Beach Resort, September 19th, at 3pm.

Application Deadline: September 17th, 2010

Pageant Date: November 21st, 2010

Entry Requirements: Delegate
must be a citizen or resident of the Bahamas and must have resided in
the Bahamas as her permanent and primary residence for a period of at
least one year immediately prior to the national competition...

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News Article

September 07, 2010
Mitchell: City Markets Meeting...

Nassau, Bahamas -

On the 1st September, The Nassau Guardian carried a story with an
interview with Derek Winford, the CEO of Bahamas Supermarkets Ltd.,
which does business in The Bahamas as City Markets.  The story said that
I attended a meeting with the CEO to discuss my intervention in the
press on behalf of my constituents about the fate of City Markets.  The
story said that it was expected that I would issue a statement
subsequent to my meeting and I now do so.

 

In The Tribune 28th August, the CEO Derek Winford said that City Markets
is in business to stay in business.  I welcome that statement...

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News Article

September 07, 2010
Thousands show Baha Mar support

By SCOTTâ ARMSTRONG
Guardian Business Editor
scott@nasguard.com
twitter.com/guardianbiz
Thousands of Bahamians have gone online to express their support for the$2.6 billion mega resort Baha Mar which will help position The Bahamas as a world class destination resort, leading to a potentially significant increase in tourism, jobs and enhanced infrastructure for The Bahamas.
A resolution on the number of work permits needed by Baha Mar's Chinese partners will be tabled tomorrow in the House of Parliament, though the resolution may not be acted upon until Scotiabank and the Izmirlian family come to terms over an outstanding loan.
With the Office of the Prime Minister now stepping in to br ...

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News Article

April 20, 2011
PM: Accelerated permanent residence review for foreign homeowners

Commitment to a 21-day turnaround for accelerated consideration for permanent residence status may be more meaningful to realtors than the tripling of the value of the residence that would qualify applicants.
Prime Minister Hubert Ingraham outlined the nation’s National Investment Policy and recent amendments to it in the House of Assembly on Monday. Among the amendments is an increase in the value of a residence that would qualify an applicant for ‘accelerated consideration’ for permanent resident status from $500,000 to $1.5 million.
Bahamas Real Estate Association (BREA) President Patti Birch told Guardian Business yesterday that the expressed clarification of what ...

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News Article

September 08, 2010
Nominations for Cacique Awards 2010 Now Open

The Bahamas Ministry
of Tourism is now receiving nominations for their

Cacique Awards 2010
which will take place

January 28th, 2011.

Any
member of the public may cast a nomination for the general awards, the
Minster of Tourism's Hospitality Award or the Clement T. Maynard
Lifetime Achievement Award. They may nominate as many persons as they
wish. The same person may also be nominated for more than one award if
he/she is making a contribution in more than one area.

To be eligible for the awards, the nominees must be permanent residents
of The Bahamas, whose product or performance has a positive impact on
the quality development of Bahamian tourism...

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News Article

September 07, 2010
Private sector 'holds breath' on Baha Mar

By NEIL HARTNELL

Tribune Business Editor

The $2.6 billion Baha Mar project has been likened to "a marriage where the mother-in-law does not approve of the spouse", a former Bahamas Chamber of Commerce president warning the private sector would "go into shock for six months" if both political parties failed to approve work permits for the development's 5,000 Chinese workers.

Giving his apt assessment of the Government's seeming attitude towards the Baha Mar development and its Chinese government-owned partners, the China Import-Export Bank and China State Construction, Dionisio D'Aguilar told Tribune Business that the Cable Beach project was "the only short-ter ...

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News Article

September 08, 2010
Bimini Bay paying up in1.5m work permit row

By SCOTTâ ARMSTRONG
Guardian Business Editor
scott@nasguard.com
twitter.com/guardianbiz

The$1.5 million owed by the Bimini Bay Resort and Marina and its developer the Capo Group for outstanding work permit fees is to be paid back to The Bahamas at least in part,The Nassau Guardiancan report, as the deputy prime minister reveals the company has agreed to cough up"some of the money."
An investigation was launched back in December 2008 by the auditor general who recommended that the multi-million dollar luxury development owed$1.5 million in unpaid fees to the government. Since then negotiations have been taking place over how much money is actually owed and for what nationalities, ...

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News Article

April 28, 2011
Business Review: The month in review

INVESTMENT UPDATE

PRIME Minister Hubert Ingraham announced several changes to the National Investment Policy. This marked the first time since 1992 that there was a change to the policy. The government raised the minimum dollar requirement for direct foreign investment from $250,000 to $500,000 and increased the minimum required value of a residence acquired by a foreign person for the purpose of seeking accelerated consideration of permanent resident status from $500,000 to $1.5 million.

The update also saw the policy changed to remove the restriction prohibiting international investment in restaurants and/or entertainment facilities.

GLOBAL REVIEW

The Organisation for Economic Co-Operation and ...

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News Article

May 01, 2011
Panama's President Calls on OAS Permanent Council to Have an Organization that Is Strong, Vibrant, and Deliberative

The

Permanent Council of the Organization of American States (OAS) today

held a protocolary session to host the President of the Republic of

Panama, Ricardo Martinelli, who recognized the "excellent work"

carried out by the hemispheric organization, and called on Member

States to increase their contributions and make the OAS "a strong,

vibrant, and deliberative organization that helps us more in solving

our problems."

During the session, held in the Hall of the

Americas of OAS headquarters in Washington, DC, President Martinelli

said Member States "must begin to contribute more to ensure this

organization is not lacking resources, that it is able to provide

more services to all its members...

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News Article

September 08, 2010
City Market releases 2010 figures

By SCOTTâ ARMSTRONG
Guardian Business Editor
scott@nasguard.com
twitter.com/guardianbiz
The full picture of City Market's 2010 has been reported as the company has published its annual unaudited figures, ending the year some$7.4 million in the red despite generating sales of just under$100 million.
The Nassau Guardianrevealed last week how Bahamas Supermarkets Limited had actually made an$80,000 profit in the final period of the financial year as it continues it fight to turnaround its losses and get back on top.
In the end the company, which employs some 700 staff, made a gross profit of$23.9 million but its operating and administrative expenses of$29.9 million dragged that into the n ...

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News Article

September 08, 2010
The deciding factors for Baha Mar

IT IS understandable why former Prime Minister Perry Christie was still haggling over the BahaMar deal up to two days before the 2007 election, which he lost.

Not only was he concerned about whether the developer had enough finances to see the project through, but he certainly did not want the "secret" clauses involving prime land in the agreement to be exposed on the floor of the House. Just before an election an admission that government was prepared to transfer 264,965 acres of public land on Cable Beach to a foreign investor could have scuttled his election.

Likewise, Prime Minister Ingraham is taking no chances in the new Baha Mar deal with a new partner. The request for work permi ...

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News Article

September 08, 2010
'NO BAHA MAR VOTE' UNTIL COMPANY RESOLVES ISSUE

By ALISON LOWE
Tribune Staff Reporter

alowe@tribunemedia.net

AN ANTICIPATED vote by parliamentarians on whether it is wise for the Government to approve 8,150 work permits for foreign labourers to participate in the Baha Mar resort development did not take place yesterday, with the Prime Minister telling parliament this will only happen once Baha Mar resolves the last major issue that stands between the company and its Chinese financiers.

However, Prime Minister Hubert Ingraham did table the resolution which parliamentarians will be called to vote on when this occurs, saying it was inspired by the fact that the amount of foreign labour envisaged to be involved in the construction of the reso ...

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News Article

September 08, 2010
200m Baha Mar loan resolution 'in two weeks'

By NEIL HARTNELL

Tribune Business Editor

Prime Minister Hubert Ingraham yesterday indicated that Baha Mar was expected to resolve its outstanding $200 million loan issue with the Scotiabank-led syndicate over the next two weeks, postponing debate over the Chinese work permits' resolution until September 22-23, as he revealed that 71 per cent of the construction workforce for the $2.6 billion redevelopment would be foreign.

Describing this as "a complete reversal" of the conditions imposed upon Kerzner International during the various phases of its Paradise Island developments, the Prime Minister told the House of Assembly that it also ran contrary to the Government's philosop ...

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News Article

September 08, 2010
City Markets targeting Christmas profitability

By NEIL HARTNELL

Tribune Business Editor

City Markets chief executive yesterday said he hoped to return the supermarket chain to profitability over the Christmas shopping period, aided by a marketing "arsenal" it aimed to launch within the next two weeks, amid signs that the company is stemming the bleeding - the 2010 fourth quarter loss totalling $873,000.

Talking to Tribune Business after the company posted, according to management accounts, a $7.431 million net loss for the year to June 30, 2010, a 22.4 per cent increase over the previous year's $6.069 million, Derek Winford described increasing market share and winning back customers as "the biggest challenge right now...

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News Article

September 08, 2010
Work permits to continue despite GB unemployment

By DENISE MAYCOCK

Tribune Freeport Reporter

dmaycock@tribunemedia.net

FREEPORT - Minister of State for Finance Zhivargo Laing said work permits will continue to be issued even though many Bahamians are still unemployed on Grand Bahama.

Mr Laing explained that work permits are only issued for positions that require certain skills and qualifications that do not exist within the local labour force.

"We have to recognise that every work permit does not represent a job that a Bahamian can hold," he said.

The Grand Bahama Shipyard is perhaps the largest employer of foreign labour here on the island.

Bahamian workers are significantly out-numbered by expatriate workers. The shi ...

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News Article

September 09, 2010
Sands opts out of Commonwealth

By KELSIE JOHNSON
NG Sports Reporter
kelsie@nasguard.com
Olympic bronze medalist and national record holder in the men's triple jump,'Superman'Leevan Sands, has shut down his season, opting not to compete in the 19th edition of the Commonwealth Games.
Describing the season as an"up and down"one, Sands said he thought it would be best to just close it out and prepare for 2011. The Commonwealth Games is set to be held in New Delhi, India, from October 3-14. The Bahamas will be represented in track and field, swimming, tennis, boxing and cycling at the games.
"My season was up and down, so Iâ thought it was best to just shut it down,"said Sands."Iâ had kne ...

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News Article

September 09, 2010
Buyers circle City Markets' F'port stores

By NEIL HARTNELL

Tribune Business Editor

City Markets has received offers to acquire/take over all or some of its three Grand Bahama-based stores, including an approach from Sawyer's Fresh Market over its Eight Mile Rock outlet, but the listed supermarket chain's chief executive told Tribune Business that "nothing is signed or concluded" in terms of any deal.

Derek Winford confirmed Tribune Business's previous exclusive revelation of Sawyer's Fresh Market's interest in City Markets' Eight Mile Rock store, but denied that any agreement for the rival grocery/food retailer to take it over had been reached.

Explaining that the numerous approaches from potential ...

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News Article

September 10, 2010
Former Hotel Corp. chairman urges both parties to support Baha Mar

By STAFF WRITER
Guardian News Desk
Former Chairman of the Bahamas Hotel Corporation George Smith has expressed the view that both the Progressive Liberal Party and Free National Movement should vote to support the Baha Mar project.
"We ought to support it and wherever we differ we should meet with the people and arrive at an understanding,"said Smith in an interview yesterday withThe Nassau Guardian.
The government presented a resolution to the House of Assembly on Wednesday concerning the proposed$2.5 billion Cable Beach development. It is seeking the consent of the House regarding the controversial labor component of the deal.
Baha Mar is requesting 8,150 work permits for foreign worker ...

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News Article

September 12, 2010
Supermodels of the Bahamas arrive in New York for Fashion Week

New York, NY - 2010
Supermodel of the Bahamas winners, Sinardo Deleveaux and Peandra
Knowles, both from Grand Bahama Island arrive in New York city September
11th, for New York fashion Week 2010 showcasing for Marco Hall.

The young models will have the opportunity to participate in a photo
shoot for designer Paul Laurence, also a photo shoot with Essence Magazine, and will be guests on the Wendy Williams Show.

A welcome reception was held for them upon their arrival ...

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News Article

May 11, 2011
Mailboat strike 'catastrophic'

By NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net

THE mailboat strike continued today with more and more family islanders facing the possibility of food shortages.
Fred Bonaby, owner of the Church Grove Supermarket, in Crooked Island, said news of the strike has spread throughout the island, leaving residents filled with concern.
“We depend on the mailboat to bring our supplies. Right now my shop is almost out. It is a sad thing because only once a week we get service. There could be food shortages, especially with fruits and vegetables. It has already begun,” said Mr Bonaby.
The Mailboat Association met with the Ministry of Transport yesterday, according to a ...

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News Article

September 11, 2010
Old Bahama Bay Resort temporarily shuts down

By DENISE MAYCOCK

Tribune Freeport Reporter

dmaycock@tribunemedia.net

FREEPORT - Old Bahama Bay Resort has temporarily shut down its operations to allow for employee vacation and annual improvements and maintenance at the property in West End.

Derek Gape, project manager at Ginn Sur Mer, said the resort will be closed for four weeks and will reopen on October 10.

"It is our vacation shut-down, and what that does is permit us to go in and do renovations and improvements," he said.

Mr Gape said maintenance works will be carried out to the docks and the hotel.

Old Bahama Bay features 67 junior suites and six two-bedroom suites as well as a 72-slip port of entry marina. The p ...

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