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2010/2011 Budget Debate Contribution - Minister Earl Deveaux
commend the Rt. Honourable Prime Minister and his team for their leadership and competence in finalizing the budget.
I especially single out
The Prime Minister for continuing to engage every corner of The Bahamas as he seeks solutions to the challenges before us. I have never heard of a man having so many people and being so available. Contrary to the view expressed publicly. I know that ...
Regional economies facing a challenge
Regional economies facing a challenge
If Caribbean economies are not to be imperiled, something must be done about so-called "de-risking" by U.S. banks and the threat it poses to our economies.
A call for answers
A call for answers
There is great confusion surrounding whether former Cable Beach properties owner Phil Ruffin owes any casino taxes 11 years after he sold those hotels to make way for the now-troubled Baha Mar development.
PM should report on Phil Ruffin's casino tax bill
PM should report on Phil Ruffin's casino tax bill
Prime Minister Perry Christie previously indicated in Parliament that his friend and former client Phil Ruffin settled his casino tax bill upon the sale of the Cable Beach properties, but Auditor General Terrance Bastian has concluded that Ruffin owes the Bahamas government millions of dollars in casino taxes.
Closed casinos owed 51 mil. in taxes at end of 2013/2014
The government was owed more than $51 million in outstanding taxes from closed casinos and $10.8 million from casinos that were in operation at the end of the 2013/2014 fiscal year, according to the report of the auditor general.
Multimillion-dollar Grand Bahama airport upgrades underway
Hutchison Whampoa is undertaking millions of dollars in upgrades to the Grand Bahama International Airport to accommodate hundreds of additional travelers who are expected to descend on the facility when Canadian travel conglomerate Sunwing launches its direct flights to the island early next year...
Bahamians being considered to operate Our Lucayan casino
The government will reveal the new operator for Grand Lucayan's casino in mid-June, according to Minister of Tourism Obie Wilchcombe, who confirmed that Bahamians are among those being considered.
"We have some documents that we are going to look at today (Tuesday). We have to move quickly on it," Wilchcombe said.
"We know the people who have applied. We're just doing our due diligence and then, ...
Strong interest by investors in Grand Lucayan casino
Strong interest by investors in Grand Lucayan casino
Grand Lucayan's new casino operator is expected to be unveiled soon, according to a senior government official.
Minister of Tourism Obie Wilchcombe told Guardian Business yesterday that at least five companies have applied to take over casino operations at the Grand Lucayan resort on Grand Bahama. However, he revealed that number has been narrowed down to three.
In February, the government negoti...
Rollins Hits Out on Casino Spend
Rollins Hits Out on Casino Spend
Gaming Board Chairman Dr. Andre Rollins said he does not think Bahamians should have to fund and develop the local casino industry while it is off limits to them. Rollins revealed in the House of Assembly on Thursday night that $17.5 million in taxpayer money was spent...
Govt Secures GB Casino Extension
Govt Secures GB Casino Extension
The government has negotiated an extension with Treasure Bay to continue its operation of a casino at the Grand Lucayan.
While the exact terms of the deal are unknown, the agreement buys the Ministry of Tourism time until the end of April to find a replacement casino partner.