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Second-Home Rental Market, Property Management Companies and Government Grapple with Evolving Industry

According to people intimately involved in the industry, protection is needed to ensure the thriving second-home vocational rental sector can withstand growing pressures from global giants such as AirBnB and VRBO. Subsequent to a Memorandum of Understanding (MOU) the Government is reviewing it is expected that they will begin to …

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Culinary, Baking Professional Transforms Family Business

Chante Basden is now at the helm of the family bakery business – Da Bes’ Yet Bakery & Patisserie. For as long as she can remember, baking has always been a passion of hers. “Since the age of five, I was always fascinated with the kitchen and would always ask …

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Fruity Freddie Farms Products Attain International Acclaim

Huel Moss Jr. experienced the best of both worlds growing up with his grandfather in Crooked Island and his father in Nassau. Moss’ earliest memories were that of his father doing odd jobs here and there to support his family. This work ethic soon transferred to him. “I always felt …

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New Projects on Horizon for the Abaco Club

Quite a few changes have occurred at The Abaco Club on Winding Bay in the last couple of years, besides the final touches to the golf course. “The construction of more structures is on-going,” mentioned Mr. Brian Shaver, director of Golf, who joined the resort one and a half years …

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BPL Chief Explains 26 Percent Fuel Surcharge Hike

Residents and businesses across Abaco and The Bahamas were faced with “ridiculously high” electricity bills as Bahamas Power and Light (BPL) compensates for mechanical losses at New Providence’s generation plant. Bahamians are paying the price of “a double whammy” caused by the recent fires at Bahamas Power & Light’s (BPL) …

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Gov’t Policies Key to Poultry Industry

While the government speaks about encouraging and growing the agricultural sector, their actions send mixed messages according to Abaco Big Bird’s Operations Manager Lance Pinder. In September, Minister of Agriculture Michael Pintard lauded the domestic poultry sector’s growth potential as “huge” given that it currently supplies just 15 percent of …

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Visitor Numbers in Abaco Peak; Minister Suggests Expanding Agri-Tourism

Michael Pintard, Minister of Agriculture and Marine Resources, speaking at the fifteenth annual Abaco Business Outlook conference, suggested expanding the relationship between tourism and agriculture as an economic driver for the island and a model for the country. He suggested, noting that Abaco is a leader in several categories in …

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Abaco Business Outlook Highlights Successes and Challenges

The Counsellors Limited (TCL) held their fifteenth annual Abaco Business Outlook on September 20 at the Abaco Beach Resort Pavilion under the theme “Creating a World-Class Abaco” with the Minister of Agriculture and Fisheries, Michael Pintard as the Keynote Speaker. Central and South Abaco Member of Parliament and Parliamentary Secretary …

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Unlicensed Businesses Impacting Abaco Economy

Addressing the Abaco Business Outlook conference, Abaco Chamber of Commerce (ACC) President, Ken Hutton, highlighted the impact of unlicensed businesses a list of issues facing the Abaco business community. “Unlicensed businesses and competition are probably one of the biggest problems here,” he said. “Unregulated settlements have their own energy generation, …

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World Trade Organization Ascension in Near Future for Bahamas

Kevin Seymour, business consultant and chartered accountant, addressing the Abaco Business Outlook told attendees to be prepared as it is “a matter of when and not if” The Bahamas joins the World Trade Organization (WTO). Mr. Seymour said that it is necessary that The Bahamas finalize its ascension to the …

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