Category: BHA News
Bahamas Chamber of Commerce Hosts EPA Seminar
The SMESU Trade Unit of The Bahamas Chamber of Commerce in partnership with the Caribbean Regional Negotiation Machinery (CRNM), and the Grand Bahama Chamber of Commerce recently hosted a two-day seminar to highlight the benefits and opportunities that are available to professional service providers through the European Partnership Agreement (E.P.A.). Seminars were held both in New Providence and Grand Bahama.
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National Trust Proposes Marine Park
The Bahamas National Trust (BNT) is looking to add to its 25 national parks, but this time around they are proposing that a marine park be established in southwest New Providence.
If approved, the park will be the first to be located in waters off New Providence.
Organizers behind the initiative, which has been dubbed the Southwest Marine Park Project, are looking to turn waters and marine life, stretching from east of Old Fort Point to south of Adelaide, into protected park land.
Atlantis Will Retain Work Permit Policy
A top Kerzner executive is confirming that the Atlantis Resort will retain its work permit policy, despite the tight economy — a move coming as Bahamian calls intensify for a crackdown on permit issuance.
“In every instance where a work permit is held it is because of the value that the permit holder brings to the organization,” Atlantis spokesman Ed Fields told Guardian Business. “Whether in good times or bad times, work permits are based on that philosophy [and] quite naturally it follows that in difficult economic times all positions are analyzed based on the value to the organization.
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Emerald Bay Bidder Sues
U.S.-based Mountain Lake Development Company (MLDC) has filed a $3 million lawsuit against Japan-based Mitsui Corporation and PriceWaterhouse Coopers (PWC) along with several other parties, claiming that the companies have refused to refund the money that was held in escrow as a deposit when it was in the running to buy the Emerald Bay development in Exuma a few months ago.
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