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The Tribune
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Permanent Link: http://ufdc.ufl.edu/UF00084249/00984
 Material Information
Title: The Tribune
Uniform Title: Tribune (Nassau, Bahamas)
Portion of title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Place of Publication: Nassau, Bahamas
Publication Date: March 26, 2008
Copyright Date: 2008
Frequency: daily, except sunday
daily
normalized irregular
 Subjects
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
 Notes
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850
System ID: UF00084249:00984

Full Text





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The


Tribune


Review raises Albany concerns


Claim that project

'could potentially

have significant

impact on coastal

resources'


AN INDEPENDENT
review of the Albany project
EIA by international consult-
ing firm Black & Veatch in
July 2006 reveals that con-
struction of the project could
have significant impacts on
coastal resources and the
marine environment.
The review also claimed
that the Albany EIA did not
fully comply with BEST
guidelines or meet industry
standards.
The review states, "Con-
struction of the project will
have significant impacts on
coastal resources" and "con-
struction and operation of the
marina, jetties, and access
channel and construction of
other project components
near the beach have the
potential to cause adverse
impacts to the marine envi-
ronment."
The report entitled,
"Albany Project: Environ-
mental Impact Assessment
Evaluation Report to the
Bahamas Environment, Sci-
ence and Technology Com-
mission," was recently posted
on the BEST Commission
web site.
According to the review,
Black & Veatch International
was contracted to review and
support the BEST Commis-
sion in conducting an objec-


tive evaluation of the Albany
Environmental Impact
Assessment (EIA) submittals.
Black & Veatch's findings
of the potentially significant
environmental impacts of con-
cern were summarized:
* Groundwater Resources
Black & Veatch stated,
"Potentially significant
impacts to groundwater
resources could arise from the
application and management
of fertilizers, herbicides, and
pesticides particularly on the
golf course, as well as from
salt water intrusion from con-
struction of the marina."
The review said that the
proposed Albany mitigation
measures should be sufficient
to protect groundwater
resources. However, the
report also recommended
additional measures be estab-
lished to manage fertilizers,
herbicides and pesticides and
recommended groundwater
monitoring to ensure that
water from constructed lakes
and the marina do not conta-
minate the freshwater lens.
* Terrestrial Resources
Black & Veatch stated,
"Construction and operation
of the project will cause
SEE page 10


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accident occurred on Adelaide Road.


Efforts to recover
bodies of plane
crash victims
are called off
* By DENISE MAYCOCK
Tribune Freeport
Reporter
dmaycock@tribunemedia.net
FREEPORT The remains
of two American businessmen
killed in a plane crash are still at
sea trapped in the submerged
plane wreckage in waters off
West End, Grand Bahama.
Efforts to recover the plane
and the bodies were called off
for a second time due to rough
conditions at sea on Tuesday,
authorities reported.
Although police have not yet
released the identities, the vic-
tims are believed to be busi-
nessmen Frank Delaporte and
David Castle of Florida.
Chief Supt Basil Rahming
reported that a number of body
parts which surfaced from the
wreckage on Monday have
been recovered by police for
identification purposes.
He said that the US Coast
Guard called off the recovery
operation on Tuesday after a
Royal Bahamas Defence Force
vessel was unable to venture
out to the crash site because of
rough seas.
SEE page seven


FORMER Minister of State for
Finance James Smith


N By PAUL G
TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net
FORMER Minister of State
for Finance James Smith pre-
dicted yesterday that despite
the looming recession in the
United States' market, the
Bahamas will not necessarily
be affected as much as the US
economy itself.
In fact, Mr Smith, who is
SEE page seven


Election Court case 'likely
to be over by end of April'
N By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net
THE MARCO City Election Court case is likely to end by the
end of April, it was stated yesterday.
The potential date for the conclusion of the case was dis-
cussed at the end of yesterday's session when Senior Justice Ani-
ta Allen asked the lead attorneys for both sides Philip 'Brave'
Davis and Fred Smith for an update on the status of the
proceedings.
SEE page 11


SEE PAGE THREE

Fifty-seven per
cent of births
in 2005 to
single women
MOST recent numbers from
the Department of Statistics
indicate that 57 per cent of all
live births in the Bahamas in
2005 were to single women.
With the concern over the
rise in crime and erosion of fam-
ily values in the Bahamas, num-
bers like these have Bahamians
concerned.
These trends, however, are
not exclusive to the Bahamas.
Since 1970, the number of
children living in a single parent
family in the US has doubled.
Statistics from 1992 indicate that
single parent families represent
30 per cent of US households,
while 25 per cent represent two
parent households.
Based on current trends,
there are predictions that
upwards of 70 per cent of chil-
dren born since 1980 will spend
some time living in a single par-
ent home before their 18th
birthday.
Meanwhile in 2005, there
were a total of 4,769 live births
in the Bahamas of that number
2,705 were for single women,
nine for widowed and 27 for
,divorced women. Only 2,027 of
SEE page seven


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THE TRIBUNE


PAGE 2. WEDNESDAY, MARCH 26, 2008


LOA'NW


0 In brief

Man appears in

court on charge

of armed robbery
A 23-YEAR-OLD
Fritz Lane man was
arraigned in Magistrate's
Court yesterday on
an armed robbery
charge.
According to court
dockets, it is alleged that
on Sunday March 9,
while armed with a
handgun, Camario
Miller robbed Guerrier
Lenice of $1,300 cash
and an assortment of
phone cards together
valued $2,100, the prop-
erty of Texaco Service
Station on West Bay
Street.
Miller, who appeared
before Magistrate Susan
Sylvester at Court 11 in
Nassau Street, was not
required to plead to the
charge and was remand-
ed to Her Majesty's
Prison.
The case was
adjourned to June
27.


Minister of Tourism: the Bahamas



committed to fighting climate change


MINISTER of Tourism
Neko Grant said the
Bahamas is committed to
fighting climate change -
which he said has the
potential to seriously dam-
age the tourism industries
and landscapes of small
island states.
Mr Grant was speaking
before a crowd of environ-
mentalists, scientists and
tourism industry profes-
sionals at the Caribbean
Tourism Organisation's
(CTO) Climate Change
and Tourism Workshop.
The workshop was staged
by the Ministry of Tourism
and Aviation along with
the Caribbean Regional
Sustainable Tourism
Development Programme
(CRSTDP) through the
sponsorship of the Euro-
pean Union.
It was designed to orien-
tate stakeholders in the
Caribbean tourism sector
to developments in the cli-
mate change debate and to


present the findings of warming, the resulting
CRSTDP's research on the changes to international
market response to global policy, and the implications
for the Caribbean tourism
sector.


Emissions
Mr Grant said the Min-
istry of Tourism is con-
vinced that the Bahamas,
given its limited capacity
to reduce emissions, and its
vulnerability to the impacts
of climate change, must
place emphasis on adapt-
ing to global climate
change.
"We will, therefore, sure-
ly support your own com-
mitment to bring to us the
information we need to
make wise choices about
our future in tourism and
on this planet earth," he
told researchers and envi-
ronmentalists.
"We promise to give you
our support, because the
task that lies at your feet
is a crucial one, and your


work is fundamental to
bringing about national
and regional policies and,
. ultimately, positive, change.
"We need you to provide
us with reliable, substan-
tive data, from which we
can create necessary guide-
lines and legislation, as
regards environmental pol-
icy."
Mr Grant pointed out
that the Bahamas faces an
overwhelming and dispro-
portionate level of risk
from the impact of green-
house gases despite the fact
that the country, like other
small island developing
states, contributes only a
very small amount to total
greenhouse gas emissions.
He said the Bahamas
remains committed to
meeting the goals of the
United Nations' Frame-
work Convention on Cli-
mate Change (UNFCCC)
that the Bahamas signed in
June 1992 and ratified in
March 1994.
The convention is intend-


ed to reduce global green-
house gas emissions and
address the impact of cli-
mate change.
In addition, the Bahamas
has taken other steps to
combat climate change
under the Development of
Wetlands Policy. These
include:
planning for the pro-
tection of mangroves, wet-
lands and shorelines in the
event of hurricanes and
storms resulting from cli-
mate change
elimination of customs
duty on solar panels and
related parts
creation of a national
sustainable architectural
design competition to edu-
cate architects regarding
environmentally responsi-
ble designs and develop-
ments
Mareba Scott, CTO's sus-
tainable tourism product
specialist, pointed out that
climate change is not only
an environmental concern.

Development
"It is a developmental
issue that threatens to
undermine the sustainable
development of many of
our small states who
depend on tourism as the
pillar of their economies,"
she said.
"Sadly, tourism is both a
vector and a victim of cli-
mate change, which has
implications for other
industries and internation-
al trade to which the multi-
dimensional tourism indus-
try is inextricably linked."
The workshop, held last
week, took place over two
days and featured presen-
ters including University of
Oxford senior research
associate Dr Murray C
Simpson and University of
Waterloo researcher Dr
Daniel Scott.


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THE TRIBUNE WEDNESDAY, MARCH 26, 2008, PAGE 3


L A


o In brief

Man in court

charged with

attempted

murder

A 25-year-old man was
arraigned in Magistrate's
Court yesterday on' an
attempted murder charge in
connection with a shooting
incident over the Easter holi-
day.
Rony Jean Marius of Gold-
en Isles Road appeared before
Magistrate Renee McKay at
Court Six in Parliament Street
yesterday, charged with the
attempted murder of Regina
Bonaby.
Court dockets allege that on
Friday March 21, Marius
attempted to murder Bonaby.
According to reports, the
19-year-old victim was shot
just before 9pm while she was
driving on Windsor Field
Road. Marius was not
required to enter a plea to the
attempted murder charge.
He was also arraigned on
two charges of possession of a
firearm with the intent to
endanger life as well as a
charge of causing damage.
According to court dockets,
it is alleged that on March 21,
Marius was in possession of a
handgun with the intent to
endanger the life of Anika
Darville. It is also alleged that
on the same day, Marius was
in possession of a handgun
with the intent to endanger
the life of Edison Smith Jr.
It further alleged that on
March 21, Marius caused $500
in damage to a white 1998
Honda CRV, the property of
Eucal and Jacqueline Bona-
by. Marius was not required
to plead to the charges and
was remanded to Her
Majesty's Prison. He will
return to court on April 3 for
a bail hearing.

Arrest warrant
issued in libel
allegation case

A warrant of arrest was
issued yesterday for a man
who failed to appear in court
in connection with an inten-
tional libel charge.
According to court dockets,
it is alleged that between
Wednesday, March 12, and
Friday, March 14, Theodore
Roberts intentionally pub-
lished images of a woman on
the Internet with the intent to
defame and cause damage to
her character.
Roberts was expected to be
arraigned before Magistrate
Renee McKay in Court Six on
Parliament Street yesterday.

Shotgun found
after high-speed
police car chase

A high-speed police car
chase early Wednesday morn-
ing ended with the arrest of
one man and the discovery of
a sawn-off shotgun.
Officers on patrol in the
Wulff Road area at around
4.25am observed two occu-
pants of a beige coloured Nis-
san Sentra "acting suspicious-
ly," according to police
reports.
As the officers approached
the two men, the vehicle sped
off. A car chase followed, end-
ing in the Palmetto Avenue
area, Assistant Superintendent
Walter Evans reported.
Both suspects got out of the
vehicle and attempted to flee
the area on foot. However, the
officers were able to appre-
hend one of the men.
A search of the Nissan Sen-
tra turned up a sawn-off shot-
gun and four live rounds of
ammunition, Mr Evans said.


Police are still searching for
the second occupant of the
vehicle. The car used in the
high speed chase was reported
stolen, Mr Evans said.
A 30-year-old Redland
Acres man is currently in cus-
tody in connection with the
incident, and is helping the
police with their investigation,
he said.


Thirteen taken to




hospital after




Easter Monday




road crashes


A total of 13 persons had to
be taken to hospital on Easter
Monday after being injured in
two separate traffic accidents.
Shortly after 7pm on Mon-
day, a 1989 Chevrolet pick-up
truck carrying seven passengers
crashed headlong into a grey
2002 Jeep Cherokee carrying
four occupants.
Police reported that the dri-
ver of the Chevrolet truck was
overtaking several vehicles on
John F Kennedy Drive when
he crashed into the Jeep Chero-
kee which was travelling in the
opposite direction.
Following the collision, all 11I
passengers from the two vehi-
cles had to be taken to hospital
for treatment.
The second traffic accident
on Easter Monday occurred at
7.30pm as the male driver of a
Ford F-150 truck lost control of
his vehicle while travelling on
Adelaide Road, west of the
Coral Harbour round-a-about.


WRCED heatemthoteAdelaide Road accdn.


The truck swerved off the
road and hit an utility pole on
the southern side of the street.
Emergency medical personnel
were called to the scene and the
"Jaws of Life" extrication tool


was used to cut and pull mashed
metal away from the two vic-
tims.
The driver and a female pas-
senger were taken to hospital
by ambulance.


SMASHED UP: All
11 passengers
from two vehicles
needed hospital
treatment follow-
ing an accident on
John F Kennedy
Drive. Police say
the the driver of a
Chevrolet truck
was overtaking
several vehicles on
John F Kennedy
Drive when he
crashed into the
Jeep Cherokee
which was travel-
ling in the opposite
direction.


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WEDNESDAY, MARCH 26, 2008, PAGE 3


THE TRIBUNE


IN


In





PAGE 4, WEDNESDAY, MARCH 26, 2008


THE TRIBUNE


EDIORAUL E S T HEEITOR


The Tribune Limited
NULL1US ADDICTS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

LEON E. H. DUPUCH, Publisher/Editor 1903-1914

SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G.,
(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.
Publisher/Editor 1972-

Published Daily Monday to Saturday

Shirley Street, P.O. Box N-3207, Nassau, Bahamas
Insurance Management Building., P.O. F-485, Freeport, Grand Bahama

TELEPHONES
Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager (242) 502-2352
Circulation Department (242) 502-2387
Nassau Fax: (242) 328-2398
Freeport, Grand Bahama: 1-(242)-352-6608
Freeport fax: (242) 352-9348


Educational system needs rescuing


THE MINISTRY of Education should be
grateful that concerned citizens business
persons, unionists, and hotel employers -
have spent many precious hours trying to
analyse and then recommend remedies to
rescue the Bahamas' failing educational sys-
tem.
Obviously, the Education Ministry does
not have the answers, because rather than
improving, the system continues to deterio-
rate.
Not only is this a concern to the business
community and the leaders of industry whose
firms need an educated employment pool
from which to draw, but it is also of concern
to a society that can't sleep at night knowing
that unemployable semi-illiterates are roam-
ing the streets.
The situation is serious. And those in the
Ministry who are living in the security of the
past are going to have to break out of their
protective moulds and face reality. They
should sit down with the Coalition of Edu-
cation Reform and together find a way to
turn failure into success.
As a member of the Coalition noted "both
the unions and the business organizations -
in a very real historic sense, embraced one
another to research and commit to moving
forward together to address this most critical
national issue." It would be productive if
Minister Bethel and his staff would sit down'
and hear them.out.-- after all these.airahe
men and women who hope to hire the Min-
istry's graduates. And these are the men and
women who are frankly telling the Ministry
that too many of its "graduates" being emp-
tied into the employment pool in the past
several years are just not educationally
acceptable. And if there is no change they will
have to look beyond the Bahamas to keep
their firms functioning.
In an age where money seems to be life's
goal "no matter how you get it", a young
person without the education to get the job to
which he aspires and the things that money
can buy, takes a few steps down the ladder,
getting a toe-hold into whatever spot he can
find. If he still lusts for the high life, which he
cannot afford, he often takes a detour onto
the path to criminality.
The Coalition is particularly concerned by
what it terms the "disengaged male." Any
discussion of the education crisis, said the
report, "must consider the dysfunctional
aspects of Bahamian society such as the con-


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sequences of the single parent-female head-
ed family unit, the related disengagement of
the average father from parenting, etc. With-
in this social environment young males fall
behind academically."
We fully support the Coalition's suggestion
of an all male primary and secondary school
to rescue these young men from their envi-
ronment. The aim, said the Coalition, is to
"shape the culture of the student."
Examining other education models for all
male schools, the Coalition has found that
60 per cent more instruction time is given to
the student. The school is headed by a strong
principal with the power and authority to
manage. It has outstanding teachers. There is
a relentless focus on the core academic sub-
jects; and insistence that students learn basic
historical facts, basic math, punctuation,
grammar, and the meaning of often unfamil-
iar words. As the Coalition pointed out, it is
also a safe and orderly environment con-
ducive to learning.
Such a school, said the Coalition's report,
would "demonstrate how good public edu-
cation can be" and it would "create initially a
male 'varsity team' in academics."
Bahamian males are being left behind aca-
demically and too many are sending each
other to early graves in gun-blasting drug
wars.
u, At Mass on Easter Sunday morning, Mon-
signor Preston Moss baptised nine babies.
He paused to note that of the nine babies
eight were boys. There was a lone girl in their
midst. During the Easter Vigil five teenagers
were baptised, four of them boys. Earlier
three adults were also baptised, one of them
was a male. Two years ago, he said, a Con-
firmation class of 18 was made up of 16 boys.
He noted this trend because it was unusual.
He said that over the past several years he
had noticed an increase of boys over girls
coming to the fore. He observed that man
tries to order and manipulate Nature, but in
times of calamity, such as warfare when there
is a great loss of manhood, Nature seeks to
replenish itself and "God maintains a bal-
ance."
Monsignor Moss sees this happening in
the Bahamas today with the recent murder of
so many young men who have gone astray.
But this new male generation now stepping
into the breach will suffer the same fate unless
society dramatically changes the cultural envi-
ronment to save them.


Where is the




proof gambling




increases crime?


EDITOR, The Tribune.
Gambling... just why can't we
all grow up and be part of the
rest of the world?
We seem continuously to try
to isolate The Bahamas from
the rest of the world we cer-
tainly incredibly feel The
Bahamas is a special place in
the world as of late we have
yet again coined what only can
be described as negative a slo-
gan which suggests that The
Bahamas is the "best little coun-
try in the world", however the
headlines of our newspapers
herald that we had 90 murders
in 2007 in addition we have
2,600+ persons in our prison, I
certainly question that stupidity
as further utterances of politi-
cians.
In another newspaper Pastor
Lyall Bethel writes and lists his
11 reasons why legalising gam-
bling would be disastrous to our
already troubled society.
My very simple question of
Pastor Bethel is -- Why in your
11 points you do not insist that
the current law of The Bahamas
be upheld and all gambling -
numbers and otherwise places
be closed down and the propri-
etors charged in front of a Mag-


istrate?
Looking through Pastor
Bethel's list I honestly cannot
accept that gambling increases
crime where is the proof pas-
tor?
The police admit that the
majority of the 90 murders in
2007 were domestic or drug
related certainly major rob-
beries decreased so?
Many refuse to understand
the Constitution on the Casino
Gambling aspect the current
laws are upheld as non-discrim-
inatory as the constitution
accepts the conditions of the
Lotteries and Gaming Act
which bans residents access to
Casinos etc, note the act does
empower the Minister to
License a Lottery.
Emotionalism seemingly
bending scientific evidence to
suit and support an argument
is unacceptable.
There are over 160 National-
State Lotteries globally surely
pastor Bethel is not suggesting
worldwide governments of


those people are acting contrary
to well-being of their peoples?
Stage (1) of an obvious
process of legalising aspects of
this must be that the power of
charging will be placed in the
hands of the Commissioner of
Police and not have to go to the
Attorney General whose attor-
neys are simply too busy dealing
with more important criminal
cases.
Why can't the Attorney Gen-
eral act on this with a simple
amendment to the Act?
Immediately thereafter every
single illegal numbers operation
must be closed and where the
law has been breached imme-
diate prosecutions must occur.
We must take this initial step
without further delay give
the power to the Commissioner
of Police and then let's see the
crucial first step the total adher-
ence complying with the Law.
If at that point it does not
happen then we have to con-
sider the obvious who is pro-
tecting who as it would obvi-
ously seem numbers controls
Law and Order?
B FERGUSON
Nassau,
March 13. 2008.


Strange airport decisions


EDITOR, The Tribune.
PLEASE allow me valuable
space in your paper to show the
flying public what strange deci-
sions are being made at LPIA.
Someone with the powers
that be is deciding to close the
Main Runways on our airfield
during the peak busiest hours
"to cut grass"!
It is apparent that they have
zero 'aviation skills' because the
consequences of this decision
are multiple and begging for
"an incident."
Twice in a week recently
when the winds were very
strong out of the south east (140
degrees on the compass) run-
way 014 was "closed for grass
cutting" for three hours in the
morning.
Sure enough when the wind
was howling from the east (090
degrees on the compass) "they"
closed runway 09 with the sim-
ilar excuse!
For those who are not aware
this makes aircraft and crew
tackle what is called a "Cross
wind landing" where the air-
craft has to overcome the effect
of being blown sideways down a
runway. For large aircraft the
"cross wind component" is
more forgiving than the smaller
planes which now have a major
task on their hands to come in
safely.
Unnecessary runway closures


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now have aircraft having to taxi
all around the airport to take
their place in a now growing
queue for the "active runway"
prompting delays on both
departures and arrivals all hav-
ing to use the same piece of
concrete!
This long period on the
ground with engines running is
burning what are called "fuel
reserves and minimums".
Commercial carriers now
because of the delay sometimes
reach "their minimum" and
have had to return to the ramp
for additional fuel required for
the safety of the flight.
Aircraft have been heard
having to shut down engines
due to over heating while in the
queue for the active runway.
All this chaos "to cut grass"!
The Control Tower were
asked on the radio by pilots sit-
ting in the queue "was it really


necessary to cut grass during
these busiest hours," they
replied "that they all agreed on
the poor decision." A commer-
cial airliner then came on the
air and said 'it is always a cluster
.... here'! Great reputation we
are getting here.
Added to the insult we sit
there looking at this brown
stubble they call grass, that is
not causing any obstruction,
being mowed sending clouds of
dust and stones on to the run-
ways.
With plans for a new Inter-
national Airport to be con-
structed we could do well to
first play the part out there on
the runways with logical, safe
decisions from Airport Man-
agement.
P HARDING (Capt)
Nassau,
March 7, 2008


Some questions for our PM
EDITOR, The Tribune.
WHY does Ritz Carlton have more rights in The Bahamas than
Bahamians?
What is going on with our Immigration Department? Why is our
Government allowing permits to be granted for jobs that Bahami-
ans can fill'?
They are bringing people in as trainers, then promoting them into
positions that Bahamians can fill, they are using our system to
their own advantage. Trainers who have been here for over one
year and receiving a paycheck and have never held one day of train-
ing.
This trainer is now waiting for a work permit that has been
applied for. I think that this is unfair to Bahamians, who are pay-
ing taxes and have voting rights.
This individual has no respect for the Bahamian labour laws he
thinks that he is still in Cancun. Mexico. I am a concerned employ-
ee and discouraged Bahamian.
Mr Ingraham please look into this for your young Bahamians'
future.
Thanking you in advance for your co-operation.
DISCOURAGED BAHAMIAN
Nassau.
March 14. 2008.









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I







THELOCAL TRIBUNEEWEDNESDAYWSMRCH26,2008,IPAGE


MDR hosts leadership



roundtable discussions


MARKING its 20th year in
business, Management Devel-
opment Resources (MDR) will
host a series of leadership
round-table discussions, pro-
viding senior managers and
entrepreneurs with the oppor-
tunity to discuss strategies for
planning leading the growth,
development and competitive
strength of their businesses in
the local and global markets.
Roosevelt Finlayson, presi-
dent and creative collaborator
with MDR, says the purpose of
the round-table is to share
lessons learnt through chal-
lenges along the journey of
leadership.
Each session of the pro-
gramme will be held at 7.30-
9am at the Victoria Room,
British Colonial Hilton.
The first round-table session
is scheduled for Thursday,
March 27, when Elvin Taylor,
CEO of The Mailboat Compa-
ny, will speak on the topic
"Visionary Leadership in
Action".
Mr Taylor will present suc-
cessful initiatives launched at
The Mailboat Company to
develop a family-oriented
organisational culture focused
on producing excellence.
Taylor emphasises the
importance of every role within
an organisation.
"Everyone has worth in every
organisation and every chal-
lenge should be viewed as an
opportunity, as it helps your
business to grow," he said.
Philip Simon, executive
director at Bahamas Chamber
of Commerce, says the Cham-
ber is in full support of the
series.
He noted that it is significant
when chief executive officers
from various industries gather
together to share best business
practices, as invaluable lessons
can be learit, and applied to
help a business grow.
He said: "We believe in the


Chance for entrepreneurs and senior

managers to debate business strategies
........................................................................... 6 .......................................................................... ........... .... ..... ........... .........


PICTURED left to right are Elvin Taylor, CEO, The Mailboat Co., Roosevelt Finlayson, President, MDR, Philip
Simon, Executive Director, Chamber of Commerce and Michael Diggiss, Principal Associate, MDR.


concept of leadership and the
impact effective leadership has
on the growth and development
of Bahamian businesses.
"We are hoping that individ-
uals come to the event with an
open and creative mind."
Michael Diggiss, MDR's
principal associate, noted: "I
think the leadership round-table
discussions also provide a com-
fortable avenue for business
leaders to have dialogue on
common issues facing individ-
ual businesses.
"No matter what industry
you are in, there are certain
issues that cross over.


"This is really a way to broad
awareness that you are not
alone in the issues you face, but
you can build a network and get
assistance to overcome obsta-
cles within your business."
Roosevelt Finlayson said
MDR has scheduled several key
learning events for 2008. includ-
ing the Performance Manage-
ment Forum in April with Peter
Downes of Profiles Caribbean.
and the third International Dia-
logue on Festival in the Work-
place during June.
Since 1988, MDR has been a
pioneer in people and leader-
ship development.


Courtesy call on GovernorGene1ral


TOASTMASTERS CLUB 7178 paid a courtesy call on Governor General Arthur Hanna at Government
House. From left are treasurer.Derwin Munroe, secretary Deidre Goodman, vice-president of education
Monique Sands, Governor General Hanna, president Glennette Reckley and vice-president of public relations
William Wilson.
S ------ n *-**--*1""" ------------II


JOtIl i S~...


elitt Women In Touch Network
Presents


DATE: Wednesday 26th Thursday 27th March 2008
TIME: 7:30pmr
VENUE: WORKMANSHIP MINISTRIES INT'L
TREHL PLAZA, Tonique Williams-Darling Highway
(West of The Paint Place)

HOST: Pastor Talbot W. Collie
Dip/Biblical Studies. BSc., MSc,. MBA


SPEAKER: Prophet Brian S.Faircloth
Antioch Global Worship & Ministerial 1


raining Center, Daytona, Florida


"We believe in
the concept of
leadership and the
impact effective
leadership has on
the growth and
development of
Bahamian
businesses."


Philip Simon


American Airlines sale on

flights to Bahamas, other

Caribbean destinations
AMERICAN Airlines announced a sale on flights to all its
destinations in the Caribbean, including the Bahamas, Bermu-
da and certain locations in Mexico on Thursday.
The airline and its regional affiliate, American Eagle, will dis-
count flights to these destinations applicable for travel through
May 22.
Tickets are valid from US destinations to all locations in the
Caribbean, The Bahamas, Mexico and Bermuda, served by the
airlines.
According to a discount travel website, sample sale fares for
a round-trip from Fort Lauderdale to Nassau is $104, excluding
taxes.
The discount fares will be available through American and
American Eagle for flights taken between April 1 and May 22,
2008, on the condition that they are booked no later than March
27.



In a story in Wednesday's Tribune headlined: "Residents
Claim Police Chase Almost Resulted in Boy Being Shot", the
Drug Enforcement Agency (DEA) was incorrectly identified as
the agency involved in the incident.
It was in fact the Royal Bahamas Police Force's Drug Enforce-
ment Unit (DEU) which was involved in the chase.


Share your news
The Tribune wants to hear
from people who are
making news in their
neighborhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.
If so, call us on 322-1986
and sharpmyour story.,u ,


Bahamas Bus & Truck Co., Ltd.
Montrose Avenue

Phone:322-1722 Fax: 326-7452



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--- -- ~~.


It .~.~11 -


WEDNESDAY, MARCH 26, 2008, PAGE 5


THE TRIBUNE


----~











CLIMATE CHANGE COULD HARM THE ECONOMY BY DAMAGING THE BAHAMAS' APPEAL






Green tourism is a winner


I voou want to be inun-
dated with acronyms
and overwhelmed by
obscurities, you should
hbeck out one of the zillion
icgional workshops that are
oing on around the Caribbean
I iV ll'r.
I went to one last week it
'as a mind-numbing forum at
'he Wvndham Nassau Resort
'n holw climate change will
ilffect tourism in the region -
'laged byv the Caribbean
Regional Sustainable Tourism
Development Programme,
Which is funded by the Euro-
pean I lnioll.
More specifically, it was a
workshop to discuss the results
o' "a technical assistance assign-
ient to research the strategic
implications for the Caribbean
tourism sector of the interna-
tional policy and market
response to global warming."
(ht that?
To explain, we have to back
up a bit. Scientists now have
conclusive evidence that the
\world has been heating up ever
since people began burning oil
and coal in the 19th century.
Burning these fossil fuels has
released huge amounts of
greenhouse gases like carbon
dioxide, which trap heat in the
;tlnosphere.
This global warming is
changing the climate in ways
that will have a serious effect
on both human societies and
natural ecosystems. And there
is a whole cottage industry of
Scegional and international bod-
ies out there trying to find ways
to help us deal with the impacts.
Are Ya Feeling Hot, Hot,
!H ot?
accordingg to Dr Ulric Trotz,
science adviser to the Caricom
Climate Change Centre in
Belize, minimum temperatures
in our region have increased by
1.4 degrees centigrade since
I)6. and trends through 2100
include higher global tempera-
tures accompanied by sea level
ixse and more extreme weather


TOUGHH CALL





"... apart from the bureaucrats
and NGO representatives who
regularly attend, much of the
information these meetings

discuss is off the radar of the
populations they are seeking
to educate."


patterns.
"The region is already vul-
nerable to climate variability
and these changes will make it
more so," he told the workshop
last week. "A combination of
sea level rise with more intense
hurricanes means that storm
surges will have a bigger impact,
causing more coastal erosion.
Within a decade we will see
storm surges that can put entire
coastal infrastructures under
siege."
Without going into all the
gory details, experts say the con-
sequences of climate change for
the Caribbean will include a fall
in agricultural output, the move-
ment of migratory fish out of
the region, less fresh water,
more infrastructure damage, the
loss of insurance cover, a die-
off of coral reefs, and more
health issues like the spread of
malaria and dengue fever. All of
these have the potential to
affect travel to the region.
And that's just the direct
physical impact on the region.
But the workshop presenters
pointed out that the adoption.
of international policies to
addressAthese issues will also


create problems in part,
because the tourism industry
itself is a big source of green-
house gases. In fact, if global
tourism was a country, it would
be the fifth largest polluter -
after the US, China, the Euro-
pean Union and Russia.
Last week's event was not
the first regional workshop of
its kind. There have been many
- sponsored by the Europeans,
the OAS, the UN, the Com-
monwealth Secretariat and oth-
ers going back to the mid-
90s. But apart from the bureau-
crats and NGO representatives
who regularly attend, much of
the information these meetings
discuss is off the radar of the
populations they are seeking to
educate.

Bahamas Will Be One of
Worst Affected

This upsets Earlston
McPhee, who is in charge of
sustainable development at the
Bahamas Ministry of Tourism
and who arranged for last
week's workshop to be held in
Nassau. "Creating more aware-
ness of climate change issues is


one of the most important
things we can do in terms of
sustainable tourism," he told
Tough Call. "We are one of the
countries that will be most
affected, and people need to
know that."
He was referring particularly
to a recent World Bank study
that said the Bahamas will be
severely affected by anticipat-
ed sea level rise of three to 9
feet in this century. The study
added that even a small increase
in sea level will significantly
magnify the impact of storm
surges.

Flooding

Indications are that some
fresh water marshes in the
Bahamas have become brack-
ish, which can be attributed to
rising sea levels. The current
rate of increase is estimated
globally at about 2 millimeters a
year, but this could speed up.
In fact, experts are looking for
changes to fresh water bodies
as the first signs of changing
conditions.
We are not alone in this -
the Pacific island nation of
Tuvalu is already experiencing
flooding and coastal erosion,
while saltwater intrusion is
affecting its drinking water and
food production. Tuvalu could
be inundated by 2050, and New
Zealand has agreed to accept
its citizens as refugees. In our
case, a one-meter rise (about
the same as our current tidal
range) would impact 11 per cent
of our land area, the World
Bank report said.
"We have to ensure that our
coastal wetlands are preserved
and that buildings along the
coast are sufficiently set back,"
Mr McPhee said. "We have to
be proactive to adapt to the
inevitable aspects of climate
change and plan to mitigate the
worst impacts, knowing that
most Bahamians live on or near
the coast."
According to Dr Daniel


"Technical
efficiency alone
could reduce the
region's carbon
footprint by 36
per cent, while
actually changing
people's
behaviour could
result in an
absolute
reduction."


Scott, a member of the United
Nations Intergovernmental
Panel on Climate Change, "in
2007 the world's scientists spoke
clearly with a united voice.
Global warming is the defining
challenge of our age and 79 per
cent of people surveyed in 21
countries accept human-
induced climate change as a
reality and believe that action is
necessary to address it."
He told the workshop that
the impact of climate change on
tourism can already be seen,
whether in a lack of snow at ski
resorts, or the bleaching of coral
reefs and infrastructure dam-
age along coastlines. All the evi-
dence says these impacts will
only get worse over the next
few decades.
"The risks could be similar to
those associated with the great
wars and economic depression
of the early 20th century," Dr
Scott warned. "The assumption
that things are always better for


the next generation is not his-
torically accurate. Climate
change could bring about a
reversal of development."

Tourism Hot Spots
Must Adapt

The Caribbean is one of sev-
eral tourism hot spots around
the world that are especially
vulnerable to climate change,
and experts say there is much
work to be done to help deci-
sion-makers cope. "We don't
have the luxury of time," Dr
Scott said. "The next genera-
tion will have to deal with all
the problems, so this is not a
long term issue, and neither is
adaptation an overnight
process."
The research presented at
the workshop was aimed at
finding ways for the tourism sec-
tor to respond to these chal-
lenges. Led by Dr Murray
Simpson, of Oxford University
Centre for the Environment,
researchers surveyed regional
stakeholders, analysed aviation
tourism and climate data, and
looked at ways to reduce the
region's carbon footprint.
Stakeholders estimate that a
25 per cent rise in travel costs
will result in a 15 per cent
decrease in demand, meaning
we can expect fewer tourists in
five to 10 years because of rising
costs coupled with a deteriora-
tion of conditions in the region.
But they also said this could be
offset by higher value visitors
who would be attracted by envi-
ronmentally sustainable ser-
vices.
Bahamians may be unfamil-
iar with the jargon of carbon
markets because we get most
of our news from the US, and
the current administration there
won't face the reality of climate
change. But Europeans and
Canadians do, and the likeli-
hood is that whoever moves
into the White House next Jan-
uary will take immediate steps
to tackle global warming.

A Carbon-Neutral
Destination

The Caribbean region's car-
bon intensity relative to GDP
is currently the world's highest.
But according to the workshop
presenters, becoming a carbon-
neutral destination would pro-
vide us with a unique branding
platform. And they noted
strong support among regional
stakeholders for this to happen.
Policies to achieve this could
include electric rental cars, ener-
gy-efficient technologies, incen-
tives to reduce emissions and
promote renewable energy,
enforcing smart development
policies, expanding eco-tourism
programmes like Green Globe
and Blue Flag, mandating envi-
ronmentally sustainable con-
struction, and promoting car-
bon offsetting.
Technical efficiency alone
could reduce the region's car-
bon footprint by 36 per cent,
while actually changing people's
behaviour could result in an
absolute reduction.
Green Globe is an interna-
tional programme that chal-
lenges companies, as well as
communities, to improve their
environmental standards over
time.
Blue Flag is a similar bench-
marking programme for mari-
nas and beaches.

Construction

T he Leadership in Ener-
gy and Environmental
Design (LEED) green building
rating system seeks to transform
I0* lHilEI

i, i. I~


the construction market by
improving energy, water and
materials use rather than simply
building to code. At least one
big construction project in Nas-
sau, along with one or two small
resorts in the out islands, is
applying LEED standards.
Carbon offsetting is the act
of paying for greenhouse gas
emission reductions to take
place elsewhere instead of cut-
ting one's own emissions.
One example of this involves
compensation for the pollution
caused by air travel.
Aviation accounts for about 2
per cent of global carbon emis-
sions, an amount that is rising
by about 3.5 per cent a year.
It works like this: passengers
can visit the Caribbean Airlines
web site, calculate flight emis-
sions based on their destination,
and neutralise them by con-
tributing online to eco-friendly
projects in developing countries.
For example, the emissions pro-
duced by travel from London
to Trinidad could be offset by a
small donation to a renewable
energy project in India.
This is a good green market-
ing tool for tourism.

It All Boils Down
to Common Sense

For many at the workshop, it
all boiled down to common
sense.
There are obvious things we
shouldn't do, such as destroy-
ing mangroves, or building
hotels on the beach.
We must factor these issues
into national development plan-
ning, but the problem is that
developers often ignore such
advice, despite paying lip ser-
vice to environmental concerns.
Bimini Bay Resort and the
Crystal Palace Hotel (which
hosted the workshop) spring
instantly to mind.
Insurers can help to police
this by providing cover for
smart development and penal-
ties for bad.
In Britain, for example, peo-
ple can't get insurance to build
on a flood plain.
But according to Dr Trotz,
"we have to build support for
better government at the civil
society level so the politicians
will sit up and take notice,
which is why this kind of gath-
'ering is important.
We have to make people
understand what bad policy
means to their livelihood and
their children's livelihood."
There are signs of changing
attitudes.
At the recent Caricom heads
of government meeting in Nas-
sau, Prime Minister Hubert
Ingraham said the region's lead-
ers would create a "sustainable
economic commission on
tourism" to improve coopera-
tion in product development,
service standards and eco-
tourism marketing.
It remains to be seen whether
this will result in anything but
more acronyms.
Tourism is one of the world's
biggest businesses, involving
almost a billion travellers a year,
The Caribbean receives 12 mil-
lion of those travellers and the
Bahamas gets about a third of
that total, but climate change
can damage the region's attrac-
tiveness, which will have obvi-
ous economic consequences.
One of the chief influencing
factors for modern travel is
environmental awareness, and
the message coming out of last
week's workshop is that we
should do all in our power to
leverage that factor.
Green tourism is a win, win
policy for the region, no mat-
ter how you look at it.

What do you think? Send
coneiiints to larrv@tribuneme-
dii.net

Or visit www.bahamrnapun-
dit.com


i- '- -
k a
v- &


Passengers can visit the Caribbean Airlines web site,
calculate flight emissions based on their destination,
and neutralise them by contributing online to eco-
friendly projects in developing countries.


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PAGE 6, WEDNESDAY, MARCH 26, 2008


*--


THE TRIBUNE







THE TRIBUNE


WEDNESDAY, MARCH 26, 2008, PAGE 7


LOCALNW


Fifty-sevem

per cent

of births

in 2005

to single

women

FROM page on

the total number of birt
were for married women.
Many believe that this
situation is at the root of
many of the social ills in
the Bahamas.
Carlos Reid, President
of Youth Against Violen
and Chairman of the
Chance Foundation, said
that God had designed th
family with the male and
female, also there are cer
tain qualities a mother
cannot give her children,
and their are certain qual
ties a father cannot give
his children.
"For example, a mothe
cannot teach a young boy
to become a man, nor cai
a father teach a young gil
to become a young
woman. There is break-
down in our society
because of this same situ,
tion, and this is why we
have to get back to the ol
cliche where it says it
takes a village to raise a
child," he said.
Mr Reid said that
Bahamians know that
there is a breakdown in
the family structure and
that it is not going to
change.
"So the solution is that
we all have to become ou
brothers keeper, we need
to get back to where we
love people in spite of wh
they are, we need to get
back where we need to
teach respect, first for
God, our elders, ourselves
each other, and our envi-
ronment. If we do this
then we can impart some
values that our young peo
pile probably won't ge't
from their biological fam
ly," he said. .- '


SFormer min



recession i



Bahamas a

FROM page one rience an upturn due to the
slowdown in the US.
"I think that after you have
e now the chairman of the been around for sometime
investment company CFAL looking at the performance of
hs (Circle Vision Financial Plan- the Bahamian economy and
ning) said that the Bahamas' the long term trends over the
economy could in fact expe-


Efforts to recover
ce *
bodies of plane crash

le victims are called off

FROM page one

li- The plane wreckage is submerged in about 800ft of water about
one mile off West End. The bodies of the victims are believed to be
still trapped inside the plane's fuselage at the sea bottom.
Yr The men, believed to in their 50's, flew to Freeport aboard a sin-
n gle engine Mooney aircraft on Friday. They were returning to
l |Florida on Monday when the aircraft went down around 1.39pm
shortly after take-off around 1.19pm from Grand Bahama Inter-
national Airport.
There is a strong possibility that bad weather may have con-
tributed to the crash. Rain and lightning were experienced in the
a- |vicinity of Grand Bahama on Monday.
Justin Snisky, director of rescue operations at BASRA, said it
appeared that the plane got caught up in a squall. He said a boater
who saw the incident said the plane exploded and disintegrated after
crashing in the water.
The Treasure Coast Palm, a newspaper in the Fort Pierce area,
reported that a boater at sea heard a "sonic boom" and saw black
smoke in the sky.
The newspaper also reported that the men were businessmen in
Vero Beach, Florida. It reported that realtor David Castle was
co-owner of the Mooney aircraft, and Delaporte was the owner of
Delaporte's Heating and Cooling in Vero Beach.
According to Supt Rahming, the men were residents of Fort
Ir Pierce, and had filed a flight plan to fly to West Palm Beach.
Civil Aviation authorities in the Bahamas are investigating the
ho incident and are expected to make inquiries into the maintenance
record of the Mooney aircraft, registered N2943L. to determine
whether mechanical factors were involved.
BASRA and Police Marine Patrol were able to collect several
pieces of debris and luggage that were floating in waters at the crash
s' site on Monday before suspending its recovery operations.
Supt Rahming said the body parts that were collected by scenes-
of-crime officers have been packaged and labelled and sent to the
o- morgue at Rand Memorial Hospital.
He said an autopsy will be performed once all of the remains have
been recovered from the wreckage. The Federal Aviation Admin-
i-. i stationn (FAA) in the United States has been informed of the
incident.


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past 30 or 40 years have
shown that the global down-
turns, US downturns, have
never affected the Bahamas
to the same degree.
"If you go back to the Iraqi
war, which would have been
almost 20 years ago, there
were dire predictions for the
Bahamian economy. But what
happened was the reverse.
Because of the threat of ter-
rorism the US visitors gener-
ally stayed closer to home not
going to Europe and the
Bahamas and the Caribbean
were the beneficiaries of that
change in plans," he said.
Bahamian tourism officials


have been warning that the
country's industry could see a
significant drop-off in arrival
numbers as some of the
Bahamas' core markets in the
US have been hardest hit by
the country's ongoing credit
crisis.
Director general of Tourism
Vernice Walkine earlier this
year said that the Bahamas
will have to repackage itself
at a lower price level in order
to still attract those US visi-
tors who now have less dis-
posable income due to the
downturn in the US economy.
However, Mr Smith
explained yesterday that dur-


ing periods of not only US
recessions, but global reces-
sions, the weakening of the
US dollar has seen US trav-
ellers staying closer to home
- often frequenting destina-
tions closer to their country,
i.e., the Bahamas, followed by
Bermuda.
"So our historical experi-
ence with the downturns in
the US economy, or the glob-
al economy has been that we
were not affected to the same
degree as the US itself or the
rest of the world. And there is
no reason to believe that this
may not continue into 2008
and 2009," Mr Smith said.


NASSAU LISTINGS

I L ESIDNTIL & OMMECIA


7. SOUTH BEACH ESTATES SUBDIVISION
LOT NO.1 Block 22
DESCRIPTION: Split Level Residential
Building with 3 Apts.
PROPERTY SIZE: 6,600 sq. ft.
LOCATION: Travel south along East Street
from Bamboo'Boulevard take 1st corner
on right Bougainvilla Blvd. Heading west
on Bougainvilla Blvd. take the 2nd comer
on the right Madeira Avenue come to the
"T" junction and turn left onto Oxford Drive.
Property is 3rd house on the right at the
western comer of Serville Drive and Oxford
Avenue.
APPRAISED VALUE: $397,000
8. TWYNAN HEIGHTS SUBDIVISION
LOT NO. 117
DESCRIPTION: Single Family Residence
PROPERTY SIZE: 8,000 sq. ft.
LOCATION: Take Portland Boulevard east
of Super Value Food Store Prince Charles
Drive south to the 2nd comer (Continental
Avenue) on the left. Continue around the
curve then take the 3rd comer on the left
(TpMal Avenue), Traveling north the property
is the 10th lot on the left or first property after
passing Tote Avenue.
APPRAISED VALUE: $295,000
9. SOUTH BEACH CROWN ALLOTMENTS
LOT NO. Portion of Lot 52
DESCRIPTION: Single Family Residence
PROPERTY SIZE: 37,550 sq. ft.
LOCATION: Northwestern comer of Marshall
Road.
APPRAISED VALUE: $197,000

10. ROCKY PINE ROAD
LOT NO. A
DESCRIPTION: Multi-Family Duplex
Apartment
PROPERTY SIZE: 7,288 sq. ft.
LOCATION: Travel west on Rocky Pine
Road property is midway on the 3rd
comer on left.
APPRAISED VALUE: $275,000


I-


VACANTLOT^S I


2.EAST STREET
LOT NO. Parcel of Land
DESCRIPTION: Commercial Lot
PROPERTY SIZE: 5,687 sq. ft.
LOCATION: Traveling south along East
Street from Wulff Road, the subject
property is on the left side about 1,000
ft. south of Wulff Road or 65 feet north
of Coleman lane which is the first comer on
the left from Wulff Road.
APPRAISED VALUE: $85,000


1. CARMICHAEL ROAD
DESCRIPTION: Single Family Residence
3 bed/ 2 bath
PROPERTY SIZE: ; l,988 sq. ft.
FLOOR AREA: 1.710 sq. ft.
LOCATION: East on Carmichael Road from
Bacardi Road take the 1 st asphalt paved
easement on the right. Property is 150 ft.
south of Carmichael Road
APPRAISED VALUE: $232,000
2. STAR ESTATES EASTERN DISTRICT
LOT NO. 54
DESCRIPTION: Multi-Family Duplex
PROPERTY SIZE: 7,000 sq. ft.
LOCATION: Traveling East along Pni.
Charles Drive take the 1 st comer on the right
past Sea Grape Shopping Plaza. Heading
South on Jupiter Way take the 1 st right then
the 2nd left to Venus Avenue. The property is
the 2nd building on the left
APPRAISED VALUE: $348,000
3. BEL-AIR ESTATES ,
LOT NO. 259
DESCRIPTION: Single Storey Residence'.
PROPERTY SIZE: 6,000 sq. ft.
LOCATION: East on Charmichael Rd. from
Faith Ave., take the 4th comer on the right
(Turtle Drive) property is 4th lot on the right
APPRAISED VALUE: $186,000
4. CHIPPINGHAM
LOT NO. 17
DESCRIPTION: Single Storey Residence,
2 bed/1 bath
PROPERTY SIZE: 5,832 sq. ft.
LOCATION: North side of Quarry Mission Rd.
700ft. West of Nassau St.
APPRAISED VALUE: $125,000
5. GOLDEN GATES ESTATES SUBDIVISION


NO.2
LOT NO. 597
DESCRIPTION: Single storey Residence
PROPERTY SIZE: 6,000 sq. ft.
LOCATION: Traveling south on Blue Hill Road
turn on to St. Vincent Road heading west
on St. Vincent Road the property is the 2nd
house on the right
APPRAISED VALUE: $233,000
6. SHERWOOD DRIVE SUBDIVISION
LOT NO. 25 Unit 2 of condo complex
DESCRIPTION: 2 bed 1 bath unit
PROPERTY SIZE: 785 sq. ft.
LOCATION: Sherwood Subdivision runs
North of Prince Charies Drive opposite Sea
Grape Shopping Centre Enter Sappphire
Ridge from Prince Charles Drive property is
the 3rd building on the right painted peach
trimmed white.
APPRAISED VALUE: $108,150


1. SUMMER HAVEN ESTATES SUBDIVISION
LOT NO. H & G
DESCRIPTION: Single/ Multi- Family
Residential Lots
PROPERTY SIZE: 5,400 sq. ft. EACH
LOCATION: Traveling north along South
Beach Road from Marshall Road take
the second corner on the right, a graveled
road. Traveling east take a right. The subject
property is the 6th lot on the left.
APPRAISED VALUE: $120,000


n


E







PAGE WEDESDA, MARH 26,2008THE TIBUN


0 In brief


Six winners of

the Bahamas

Humane

Society raffle

THE Bahamas Humane Soci-
ety raffle was drawn by six mem-
bers of the public who bought
tickets in the Mall at Marathon on
Saturday, March 15.
Ist prize, a 2008 KIA Optima
car, was won with ticket 5006 by
Denez Moss.
2nd prize, a 2008 KIA Picanto,
was won with ticket 0990 by
Janette Smith. Both cars were
donated in memory of Mr and
Mrs Trevor Kelly.
The 3rd prize, two round trips
to London, were donated by
British Airways and were won on
ticket 1017 by Mrs Strawbridge.
4th prize, a $1,000 gift voucher
donated by Super Value, was won
with ticket 4984 by Sharon Wal-
lace.
The 5th prize, a $500 gift cer-
tificate donated by Cole's of Nas-
sau, was won on ticket 6845 by
Jake Grypma.
6th prize, a $250 gift certificate,
was won on ticket 3939 by Steven
Hoffer.
Money raised helps the soci-
ety's constant struggle to improve
the lives of animals throughout
The Bahamas, as will be evident
during the BHS free spay and
neuter clinic for animals in Math-
ew Town, Inagua,.between April
8 and 15.

Calling young

filmmakers -

submit your

documentaries
EMERGING Filmmakers
between the ages of 16 and 25
have been asked to submit docu-
mentaries on Bahamian commu-
nity or cultural awareness, the
Bahamas International Film Fes-
tival has announced.
The announcement was made
by BIFF founder and executive
director Leslie Vanderpool.
Final submissions are to be pre-
sented in DVD format and must
be 10 to 20 minutes in length.
The submissions may include
dialogue and commentary.
The grand prize is $1000 and
special recognition at BIFF '08.


Mural competition aims to





reduce graffiti at schools


* BY MATT MAURA
THE North-eastern Division
of the Royal Bahamas Police
Force has joined forces with
officials of the Department of
Education, the National Art
Gallery of The Bahamas, busi-
ness owners and residents, to
develop a "keen idea" to help
keep graffiti off the walls of two
primary schools in Wulff Road
and surrounding areas with the
launch of a Mural Competition.
Competition will be open in
four categories, including chil-
dren aged 9-11; those 12-14
years of age; 15-17 and a cate-
gory for persons 18 years and
older. Participants will be
required to submit their designs
to school officials no later than
Friday, April 25.
The designs must be on paper
no larger than 11 by 17 inches
and will be judged on originali-
ty, creativity, presentation and
best depiction of the theme:
"Livable Neighbourhoods are
Clean, Healthy, Safe and Crime
Free."
The winning designs are
expected to be selected within
three days of the deadline of
entry.
Curator of the National Art
Gallery of The Bahamas Ms
Erica James will head the judg-
ing panel.
A panel consisting of top
Bahamian artists is scheduled
to assist in further developing
the designs "and working on the
preparation and the painting-of
the walls."
The competition, which falls
under the auspices of the Liv-
able Neighbourhoods Pro-
gramme (Short Title), is being
spearheaded by the Neigh-
bourhood Community Policing
Initiative Unit of the North-
eastern Division and was devel-
oped after School Board offi-
cials had to paint more than 400
feet of wall, four times within
a relatively short span, using
125 gallons of paint.
School Board officials say the
constant repainting of the walls


- 7--


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ORGANISERS of the North-eastern Mural Competition hope to reduce the large amount of graffiti, as pictured, painted on the walls surround-
ing Claridge and Uriah McPhee Primary Schools.


has been "an unacceptable
drain on the resources of the
school" while the graffiti has
also contributed to "an unac-
ceptable environment" for the
primary school students.
"As a result, we came togeth-
er as a committee to organise a
Mural Competition for the
school and the communities sur-
rounding the Claridge Primary
School and Uriah McPhee Pri-
mary School so that we can
begin to show that these walls
are not meant for graffiti, but
that they are meant for a better
purpose," said Mr Willard Barr,
district superintendent for the


South-eastern District, Depart-
ment of Education.
"For some time we were all
trying to find a way to reduce
the amount of graffiti, particu-
larly in this area, as it is not just
taking a toll on the budgets of
the School Board and the
schools, but because it is also
exacting a price on the Bahami-
an taxpayer when we have to
continuously repaint our school
boundary walls.
"We view the competition as
a step in the right direction and
believe that once the youngsters
put their own talents to use,
they will want to protect that


work and, hence, save us some
money in the process," Mr Barr
added.
He said the opportunity to
work with some of the coun-
try's finest artists should serve
as an incentive for those who
deface the walls with their graf-
fiti.
"Hopefully it will also result
in some of them being able to
channel that energy into more
positive art forms from which
they can launch into careers,"
he said. "What has been found
in the past is that young people
who are involved in graffiti,
many of them evolve to be fine


artists and one such gentleman
is presently holding an exhibi-
tion at the National Art Gallery
of The Bahamas that was com-
missioned by the National Art
Gallery.
"When he was about 13-14,
he was the chief mural artist for
the group that he hung around
with at that time and one of his
murals, which was completed
at Government High School
almost 15 years ago, still stands
without being defaced, which is
a testimony to the fact that graf-
fiti artists appreciate the value
of this type of art form,", Mr
Barr added.


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THE TRIBUNE


PAGE 8, WEDNESDAY, MARCH 26, 2008


f 4
AUB






WEDNESDAY, MARCH 26, 2008, PAGE 9


THE TRIBUNE


LOA NW


0 In brief

Sarkozy says he
cannot rule out
possibility of
boycotting Beijing
opening ceremony
* PARIS
FRENCH President Nicolas
Sarkozy said Tuesday that he can-
not rule out the possibility he
might boycott the opening cere-
mony of the Beijing Olympics if
China continues its crackdown in
Tibet, according to Associated
Press.
Asked whether he supported
a boycott, Sarkozy said he could
"not close the door to any possi-,
bility." A spokesman for the pres-
ident said Sarkozy was referring to
a possible snub of the Aug. 8
opening ceremony.
"Our Chinese friends must
understand the worldwide con-
cern that there iS about the ques-
tion of Tibet, and I will adapt my
response to the evolutions in the
situation that will come, I hope, as
rapidlysas possible," the president
said during a visit with a military
regiment in southwest France.
Sarkozy also said he had told
Chinese President Hu Jintao of
his concern, asking for restraint,
dialogue and the end of violence
in Tibet.
Sarkozy also disclosed contacts
between his office and that of the
Dalai Lama, Tibet's exiled spiri-
tual leader.
"I have an envoy who spoke
to the authorities who are closest
to the Dalai Lama," Sarkozy said.
"I want dialogue to begin, and I
will gauge my response on the
response that the Chinese author-
ities give."


Veteran vocalist hits the




high notes at festival


GEORGE Whylly carries a
tune like a veteran vocalist
and performer. The notes may
last for only a second, but each
one carries the weight of four
decades of experience.
He started his career in
entertainment in 1966 in Nas-
sau as a young man in his ear-
ly 20s. Now, 42 years later, he
is still doing what he loves -
pleasing audiences that enjoy
good music from a seasoned
performer.
Most recently, Mr Whylly
lit up the stage at the Bahami-
an Music and Heritage Festi-
val in Exuma, the island he
now calls home. Amid per-
formers from Nassau, Grand
Bahama and Inagua, Mr
*Whylly and a host of other
Exuma musicians brought a
local island flair to the main
festival stage.
The appearance before a
crowd of thousands was a long
way from his first job in a
band with Michael Sweeting
and the Starlighters in 1966.
Mr Whylly recalled playing
clubs like the Yellow Bird,
Lover's Holiday, The Green
Apple and Sugar Hill in Nas-
sau.
His resume grew when he
moved to Exuma in 1969 and


settled there. He estimated
that he has played every con-
ceivable venue on the island,
easily listing past engagements
- Norma's Place, Fisherman's
Inn, Hilltop Tavern, The


dent. talk s-hoo%% ho'r ct are
and author
McCo -Mli'tck. whto t, ,iho
I E L ithe nrtrt lad' ol the Turk' and
SCaicose Ilands. got her start
as a model.
She has been featured in
CELEBRITY TV personality Star Jones Reynolds, along with Hollywood several films, has collaborat-
actress LisaRay McCoy-Misick, enjoyed a stunning evening at Aura ed on several songs and
Nightclub in the Casino at Atlantis, Paradise Island. launched two fashion lines.





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Three Sisters, Peace 'N Plenty,
Edgewater, Silver Dollar and
more.
"I can't even remember the
names of all of those clubs
because they are not clubs
anymore," he said.
The BMHF appearance was
actually a rare occurrence for
George Whylly and his band,
"The In Crowd" in recent
times. Due to a broken leg, he
had not worked in more than
a year.
His recently-healed leg and
the timing of the festival
allowed for the performance
by a man considered to be a
legend in Exuma.
Now, Mr Whylly is eager to
get back on the club circuit.
He believes Exuma residents
are also anxious to hear him
on a regular basis again.


"As soon as we get it
together, people will be wait-
ing for us," he said.
Other Exuma entertainers
appearing at the festival
included Al Gibson, The
Rolle Town Boys, New Upris-


ing Group, Police Youth
Marching Band, Trinitee
Dance Troupe, Exuma Youth
Marching Band, Rolleville
United Band, Cindy Romer,
Peaches and Audley Dames
and the Sweet Love Band.


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Share your news
The Tribune wants to hear
from people who are
making news in their
neighborhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.
If so, call us on 322-1986
and share your story.


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PAG 104WDNEDACMRCL26N208WHETRIUN


Review raises concerns


over the Albany project


FROM page one

adverse impacts to biological
resources on the project site.
Beneficial impacts will also
occur as a result of the pro-
ject." In this regard, the
review said that the mitigat-
ing measures proposed by the
project are reasonable.

Coastal Resources
Black & Veatch stated,
"Construction of the project
will have significant impacts
on coastal resources."
The report outlined that the
implementation of proposed
setbacks and the beach
enhancement and re-nourish-
ment programme proposed by
the development will provide
substantive mitigation for the
coastal impacts.
However, Black & Veatch
also cautioned that "if the pro-
posed beach re-nourishment
mitigation programme is not
continuously and sufficiently
maintained and implemented,
significant erosion of coastal
resources will occur, poten-
tially all the way back to the
limestone ridge."
Black & Veatch also
advised: "If sufficient assur-
ances cannot be provided,
prohibiting development of
the marina feature will elimi-
nate the risks of incurring
these significant adverse
impacts altogether."

Marine Resources
Black and Veatch stated:
"Construction and operation
of the marina, jetties, and
access channel and construc-
tion o other project compo-
nents near the beach have the
potential to cause adverse
impacts to the marine envi-.
ronment."
The review said that the
mitigation measures proposed
by the Albany developers
appeared reasonable but rec-
ommended additional mea-
sures to enhance mitigation.
Other areas of concern out-
lined in the review were air
quality, noise, cultural
resources and socio-economic
resources.
According to Black &
Veatch, a summary of the
more significant elements of
the Albany EIA content were
found to be "lacking minimum
specificity or altogether
absent."
In this context, the review
states that "the EIA docu-
ment itself does not fully com-
ply with applicable BEST EIA
guidelines requirements nor
.does it meet general industry
standards for minimal content
and document completeness."
Black & Veatch also said
that their review was based on
studies provided by the
Albany EIA and other sup-


piemental information not
contained in the EIA.
According to the review,
the studies included ground-
water, terrestrial ecology and
coastal conditions. The report
claims that other information
used in the Albany EIA came
from secondary sources on cli-
mate information, winds, rain-
fall and hurricane events;
information on site geology
and aquifers; and cultural,
archaeological and historic
resources.
The review further
observed that "no direct mea-
surements through physical
monitoring, sampling and
analysis were made to quanti-
tatively characterize baseline
existing ambient air quality,
noise levels, seawater quality,
or current traffic loads on
South West Bay Road."
With respect to the Albany
EIA's Impact Assessment
Methodology, Black and
Veatch stated, "Because the
methodology for characteriz-
ing the significance of poten-
tial impacts was never fully
explained in the EIA or sup-
plemental submittals, evalua-
tion of the nature and extent,
intensity, duration, perma-
nence and ultimately risks and
significance of the impacts
were for the most part left up
to the reader (BEST) to deter-
mine.

Project has potential to
affect physical environment
In reviewing the environ-
mental impacts and mitigation
of the Albany EIA, Black &
Veatch reports, "The project
has the potential to affect the
physical environment, biolog-
ical communities and socio-
economic environment of
New Providence Island."
Some of the primary envi-
ronmental concerns for the
project included the follow-
ing:
Marina design, especially
the flushing rate and material
used for piers.
Marina jetties, including
their affect on sand drift, accu-
Smdlation, antl erosion and the
methods for and financing of
beach maintenance and
restoration.
Marina access channel,
including dredging, reef ball
relocation, and maintenance.
Golf course, especially
the use and control of fertiliz-
ers, herbicides and pesticides,
the impact of ponds and water
hazards on the freshwater
lens, and sources of irrigation
water.
Terrestrial landscaping,
including replacing invasive
species with native species, the
percentage of retained open
space, and preservation areas.
Housing especially coastal
set backs.


RIDEFORHI


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. 0.-


a".<


Storm water management
for all areas of the project.


* Black & Veatch
Conclusions and
Recommendations
The report concludes that
"the resources that will be
impacted to a potentially sig-
nificant extent include ground-
water, terrestrial habitats,
marine ecology, coastal shore-
line, cultural resources, and
road traffic. Lesser impacts
may occur to baseline air qual-
ity, noise, land use and socio-
economic conditions."
To avoid, mitigate or man-
age all significant environ-
mental and socio-economic
impacts from construction and
operation, the independent
review recommended that a
comprehensive Environmen-
tal Management Plan (EMP)
be developed and approved
by BEST as a pre-condition
to authorizing any project con-
struction activities to proceed.
The review outlined that a
comprehensive EMP should
include at a minimum:
Beach enhancement, re-
nourishment and monitoring
plan;
Dredging plan for the
access channel and marina
entrance;
Coral relocation plan;
Marina water quality
monitoring plan;
Groundwater monitoring
plan;
Storm water management
plan;
Hazardous materials,
fuels and chemicals manage-
ment plan;
Waste management plan;
Landscaping and mainte-
nance plan;
Noise and odour control
plan;
Construction erosion and
sediment control plan;
Personnel environmental
training and awareness plan;
Health and safety plan;
Spill control, emergency
response and contingency
plans;
Environmental manage-
ment, reporting and reca
keeping systems;
The report said that
EMP should set out in suffi-
cient detail all the design mea-
sures, monitoring pro-
grammes, best management
practices, and emergency and
contingency plans to assure
BEST that all the potential
impacts are methodically con-
trolled and suitably mitigated.
Albany managing director
Christopher Anand said he
could not comment yesterday,
as he was busy with the Tavi-
stock Cup golf tournament.
BEST Commission director
Phillip Weech was unavailable
for comment, as he was said to
be out of the country.


PE


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Prohibiting Albany Marina feature 'will

eliminate risks of significant adverse,

impacts to marine environment'

* Public requests release of Albany environmental information
before mile-long channel is cut through Adelaide Beach
* Environmental information still not released after six months


A RECENTLY released Black & Veatch
report supports recent claims that the BEST
Commission had concerns about the potential
negative effects of the Albany marina channel
on Adelaide beach and the surrounding
coastal and marine environment.
According to reliable sources, "The BEST
Commission felt the marina channel could
damage Adelaide beach and the surrounding
coastal area.
They advised the government against cut-
ting through Adelaide beach."
Sources claim that the BEST Commission
felt that government might ignore their rec-
ommendations and recommended that if the
marina channel was built, a minimum $5-mil-
lion bond should be established to offset
potential damage to the surrounding coast-
line.
These concerns appear to be supported
by the independent Black & Veatch review of
the environmental impact of the Albany pro-
ject. The report said that constructing the


marina and channel has the potential to cause
adverse impacts to the marine environment,
and advised that prohibiting development of
the marina feature will eliminate the risks of
incurring significant adverse impacts alto-
gether.
To date, the BEST Commission has
refused to make its recommendations avail-
able to the public, despite promises by Works
Minister Earl Deveaux that environmental
information related to the Albany and South
Ocean developments would be released to
the public and posted on the BEST Com-
mission web site
Concerned members of the public have
insisted that all of the information in the
Black & Veatch report be released to the
public for review before Adelaide beach is cut
in half for the marina.
Several documents and reports have bpen
referred to in the Black & Veatch report, but
have not been made available on the BEST
Commission web site.


S.-... .. .. ..1 I
A MAP produced by Water Management Consultants shows that the 500 plus acre Albany development sits
atop the largest freshwater lens in New Providence. The map also shows that the thickest part of the lens is
in the vicinity of Albany. The New Providence freshwater water lens is one of the largest in The Bahamas after
Andros, Grand Bahama and Abaco.


Claim that Albany project 'could


have significant effect on largest


freshwater lens in New Providence'

Independent review states project could have significant impact
on groundwater resources
US Army Corps of Engineers report outlines that freshwater
resources in The Bahamas are finite and vulnerable
It warns that ignoring the over exploitation and protection of
water resources could have severe repercussions for the Bahamas.


Black & Veitch, an independent firm
hired to review the Albany EIA, said that
potentially significant impacts to ground-
water resources could arise from use of
fertilizers, herbicides and pesticides on
the Albany golf course and from saltwa-
ter intrusion from construction of the
Albany marina.
A report entitled,
"Water Resources
Management: Water
Conservation Meth- Alba
ods" by the Depart-
ment of Statistics out-
lines that the freshwa-
ter resources of The
Bahamas occur as
"three-dimensional
lens-shaped bodies,
which overlie brack- t
ish and saline waters
at depth."
The report said
that The Bahamas'
water resources are
vulnerable to a
number of sources,
including, ease of lack
access ain. overex- lack & Veatch
ploitation, saline
intrusion and Jly6
damage or V.6,
destruction by
man's activities
such as canals
and rock min-
ing. It also out-
lined that water
resources are
prone to inun- -L AC
dation, storm LACK & VE
surges and sea
level rise as
well as pollu-
tion from a
variety of other
sources.
A 2004 Water Resources Assessment
by the US Army Corps of Engineers said
that freshwater resources in The Bahamas
are finite and vulnerable and stressed
that regulating and protecting the water
resources is essential.
The report states, "Freshwater
resources are finite and vulnerable in The
Bahamas. The extent of freshwater


resources is limited to very fragile fresh-
water 'lenses' in the shallow karsticlime-
stone aquifers. The 'freshwater' is actu-
ally derived from precipitation, lying on
top of the shallow saline water as a 'lens',
less than 5 feet from the ground surface.
Fresh surface water is basically non-exis-
tent."
"The country, therefore,
relies on a
single
source of
mny Project water.
Water
availability
is so low
that it is
considered
scarce',
according to
0 the U n i t e d
Nations cri-
teria. Precip-
it at ion
decreases
from north to
south through
the archipel-
In ago. The
International southernmost
islands, there-
2006 fore, have
greatly reduced
freshwater sup-
plies. Inagua,
the southern-
most island, is
practically a
desert. The avail-
ability of water is
EATCHl a limiting factor
for economic and
social develop-
ment."
The report also
cautioned, "The
need for regulating
and protecting the
water resources is essential.
"Regulating the resource through inte-
grated ground water management is rec-
ommended. Ignoring the over exploita-
tion and protection will have severe
repercussions, such as health issues from
water-borne diseases and much greater
water costs."


JAW Al -


-m Me.. .


Largest Water Lens
on the island


PAGE 10, WEDNESDAY, MARCH 26, 2008


THE TRIBUNE






THE TIBUNEWEDNEDAYMARCH26,O208, PGEW1


Election Court case 'likely


.to be over by end of April'


FROM page one
When asked by the court, Mr Davis, lead
attorney for Pleasant Bridgewater said that he
is likely to finish presenting his case by the end
of next week.
Fred Smith, who will then lead Zhivargo
Laing's case, said that he may have more wit-
nesses than Mr Davis, as the burden appears
to have fallen on the first respondent Mr
Laing to refute evidence presented on behalf
of Ms Bridgewater. However, he said that
the case should be finished by the end of
April.
The Marco City case is one of three Elec-
tion Court petitions filed by the PLP after
the May 2nd general election. Pinewood, the
first of these cases, was unsuccessful for the
party, as FNM MP Byran Woodside retained
his seat.
After a ten-week trial and a 12-hour
recount, Mr Woodside's margin of victory
dropped from 64 votes on election night, to 49
votes.
Blue Hills, the third of the petitions filed by
the PLP, may not proceed due to the reluc-
tance of Leslie Miller, the PLP contestant in
the election, to continue with the action. No
formal announcement has been made thus
far on whether or not this petition will pro-
ceed by either Mr Miller or PLP Leader Per-
ry Christie.
Mr Smith also told the court that Mr Laing
is no longer challenging the votes of Carol


CHRISTOPHER FORBES, Brent Symonette and Frances Singer-Hayward share a light moment on board The
-Highlander as Mr Forbes makes a presentation to Symonette as a tribute to his legacy of public service.


Forbes Magazine


'celebrates Bahamas'


CHRISTOPHER Forbes,
*ice chairman of FORBES
Magazine, hosted a large, glit-
ering party "to celebrate the
ahamas" on board his fami-
yyacht "The Highlander" at
Atlantis Marina.
Among those in attendance
at last weeks event were
Deputy Prime Minister Brent
Symonette, former prime min-
ister Perry Christie and Mrs
Christie, US Ambassador Ned
Siegel and Mrs Siegel, former
deputy prime minister Frank
Watson, Minister of Health
Dr Hubert Minnis and Mrs
Minnis, Minister Maritime
Affairs and Labour Dion
Foulkes, Sir William Allen,
Frances Singer-Hayward and
a cross section of the business
community from throughout
the Bahamas.
The evening, which included
a mini cruise around the Par-
adise Island harbour, honored
FORBES' long standing rela-
tionship with the Bahamas,
Mr Forbes' continued com-
mitment to the promotion of
ihe islands and served to
underrrore his interest in
encouraging investors to the
Bahamas through FORBES'
Magazine.
I "The Highlander" last
served in a high profile capac-
ity in the Bahamas in 2006
ivhen Mr Forbes and Ms
Singer-Hayward hosted a gala
party in honour of Bernadette
Christie.
A photo marking the event
remains in the Highlander
photo gallery in company with
heads of state and celebrities
I


who have visited the yacht
throughout the years.
Mr Forbes said that he was
"delighted to welcome every-
one on board" and hopes that


the evening represents the
continuation of "the wonder-
ful relationship that FORBES
has enjoyed with the Bahamas
over these many decades."


and Antoinette Richardson, who both went to
court yesterday to testify. Carol testified, but,
as Antoinette entered the witness box fol-
lowing her, Mr Smith informed the court of
Mr Laing's decision.
The number of voters being challenged by
Mr Laing declined to 43 at the end of last
week. However, a final tally is still being done
by his legal team, and that number may
decline further. Ms Bridgewater is challenging
95 votes as of the last declaration by her legal
team.
Cutelle FergusoU-Gaitor confirmed the evi-
dence of her uncle, Kirkwood Ferguson -
who testified last week during her testimo-
ny yesterday. Referring to the relevant six-
month period in the run-up to the last elec-
tion, Mr Ferguson, an author, said that he
had lived at 196 West Plantain Road which
is in Marco City from November 2006 until
February 2007. He then moved to Nassau for
employment.
Tiffany Moss told the court that her moth-
er Flora Hinsey who is being challenged by
Mr Laing lives at 20 Coral Reef Estates,
but works as a housekeeper in Cat Cay from
mid-December to April. Ms Hinsey was in
CatCat Cay from December 2006 to April 2007,
her daughter testified.
If this testimony is accepted by the court,
Ms Hinsey would still qualify to vote in Mar-
co City as she was ordinarily resident there for
a part of the six-month period in the run-up to
the election.


7j $1.2


It. snGN


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at the 19th Annual Bahamas Motor


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THE TRIBUNE







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PAGE 12, WEDNESDAY, MARCH 26, 2008


THE TRIBUNE


~LL ~-2~_


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T R IBUNE


WEDNESDAY,
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eSs

MARCH 26, 2008


IU ZI


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Activist insists EPA


'backdoor' to CSME


* By NEIL HARTNELL
Tribune Business Editor
AN anti-
trade activist
yesterday
argued that
the fact the
Economic
Partnership
Agreement
(EPA) with
the European
Union (EU)
would give Caribbean compa-
nies access to Bahamian mar-
kets showed the proposed
trade treaty was "CSME
through the backdoor".
Paul Moss, a leading figure
with Bahamians Agitating for
a Referendum (BARF) on
free trade, again argued that
the EPA would take the
Bahamas into a CARICOM
Single Market & Economy
(CSME)-type arrangement by
stealth, given that the agree-
ment was repletee with refer-
ences to regional integration".
BARF and anti-trade
activists are set to hold a Town
Meeting on the EPA this com-


ing Tuesday, Mr Moss said,
warning that his group
planned a "massive demon-
stration" against the trade
agreement.
"We have much more
momentum and support that
we had with CSME," Mr Moss
said. "Therefore, if the Gov-
ernment feels it is going to
simply sign on to it [the EPA],
as Zhivargo Laing indicated
at the recent Town Meeting, I
can assure you it will not be
without incident.
"In looking at the docu-
ment, not only is it replete
with references to regional
integration, but the fact that
you are tied through this
agreement to CARICOM, we
have negotiated it with CARI-
COM, and the objective of the
CARICOM nations is to have
regional integration and the
CSME. I don't see how he [Mr
Laing] thinks that's not going
to be an offshoot of the EPA.
This aids and abets the
CSME."

SEE page 6B


Port licensees appeal ruling


* By NEIL HARTNELL
Tribune Business Editor
GRAND Bahama Port
Authority (GBPA) licensees
have appealed a Supreme
Court ruling that they have no
ability to bring a legal action
against Freeport's quasi-gov-
ernmental authority to the
Supreme Court.
The notice of appeal, filed
on February 27, 2008, by Mau-
rice Glinton, attorney for the
Freeport Licensees and Prop-
erty Owners Association, is
challenging Justice Neville
Adderley's ruling that it was
unable to bring its action
against the GBPA, Prime
Minister and Attorney-Gen-
eral because it had applied to
be formed as a limited liabili-
ty company without the word
'limited' appearing in its name.
This, Juistice Adderley
found, meant that the Associ-
ation could only be incorpo-
rated once the minister
responsible, the attorney-gen-
eral in this case, granted its
licence. No such licence had
been granted to the Associa-
tion, meaning it was not incor-
porated and thus had no abil-
ity to bring the case or sue.
The Association's action,
which sought to replace the
former GBPA receivers, Clif-
ford and Myles Culmer, with a
public trustee, was thus
thrown out on interlocutory
issues raised by attorneys for
the GBPA and the Govern-
ment.


In its appeal, the Associa-
tion alleged that the ruling
ignored its December 21, 2007,
summons that challenged the
procedure the judge used to
determine that the issues
raised be tried as "preliminary
points of law".
Alleging that this resulted
in the proceedings becoming
"misconceived by the judge",
the Association also appealed
on the ground that Justice
Adderley was wrong to deal
with the issues raised by the
GBPA and government fiist,
rather than its own summons.
This had asked the court to
determine whether the GBPA
could retain and instruct attor-
neys to act for it when in
receivership.
The Association also
appealed on the grounds that
the judge "misconstrued and
misapplied the relevant pro-
visions of the Companies Act"
in relation to the case.
The GBPA and govern-
ment attorneys had success-
fully challenges the Associa-
tion's ability to bring the
action, arguing that it was not
a legal entity because no cer-
tificate of incorporation had
been issued under section 16
of the Companies Act 1992.
Mr Glinton had argued that
the Association was incorpo-
rated on November 30, 20o6,
the date its Memorandum of
Association was lodged with

SEE page 5B


Hotel suffers an 80%

Spring Break decline


* By CARA BRENNEN-
BETHEL
Tribune Business
Reporter
THE Quality Inn at
Junkanoo Beach Hotel yes-
terday reported a Spring
Break visitor decline of at
least 80 per cent over 2007,
reminiscent of the decline that
market experienced last year.
Sonia Bain, a front desk
clerk at the hotel, told Tribune
Business they had seen a
decrease in Spring Break traf-
fic of around 80 per cent when
compared to last year, which
also saw a major decline.
"I really do not know why
the numbers arc so low this
year, but the week of Easter is
usually the very high peak of
the season, and this year we
are not doing as well," she
said.
Last year saw a major
decline in Spring Break
arrivals in the aftermath of the
implementation of the West-
ern Travel Hemisphere Initia-
tive (WHTI), with IUnhamian


hoteliers seeing a decrease of
up to 25 per cent.
. Hoteilers then told Tribune
Business that Florida was tak-
ing a lot of business away
because of its competitive
room rates and the fact that
there was no passport require-
ment.
One hotelier last year said
he was sitting on 40 per cent of
his Spring Break room inven-
tory.
Spring Break visitors were
among the four visitor cate-
gories given special monitor-
ing and attention by the Min-
istry of Tourism in relation to
the WHTI's impact. The min-
istry felt that Spring Breakers
were "key" to many non-
resort properties in the
Bahamas.
The latest statistics revealed
that almost 50,000 visitors
between the ages of 12 and 24
arrived in the Bahamas on a
vacation during March and
April 2006, traditionally spring
break time, averaging 5.6
nights in the Bahamas and
totalling 280,000 visitor nights.


'Global Economic Gateway'



strategy to revive Freeport


* By NEIL HARTNELL
Tribune Business Editor
A potential Grand
Bahama Port

(GBPA) purchas-
er has been urged to transform
Freeport into a 'Global Eco-
nomic Gateway' and "the west-
ern hemisphere's most signifi-
cant free trade zone", with con-
sultants suggesting that doing
so could generate $2 billion in
per annum GDP by achieving a
fraction of Dubai's success.
Excerpts from a report pro-
duced for Fleming Family &
Partners, the private equity and
wealth management firm that
is seeking to buy-out both the St
George estate and Hayward
family trust, suggested that
among its objectives for the
GBPA should be for Freeport
to double the Bahamas' GDP
by 2017.
The document, written by
Rob Millard of Grand Bahama-
based Global Fulfillment Ser-


* Fleming consultants suggest using Dubai's Jebel Ali model to

create 'western hemisphere's most significant free trade zone'

Conservative analysis suggests 'sterile zone' in Port

area could generate $2bn in per annum GDP

Changes in immigration and National Investment

Policy needed to bring initiative to fruition


vices, and which aims to pro-
vide Fleming with options for
developing Freeport and the
GBPA should its acquisition
plans succeed, suggested that
the city be diversified so that
non-tourism sectors account for
more than 50 per cent of its
economy without any decrease
in the tourism industry's size.
Other objectives suggested in
the report were the creation of
a Global Economic Gateway,
described as "a discreet, sterile
geographic area within the Port
area" that would act as a free


trade zone similar to the Jebel
Ali Free Trade Zone in Dubai.
To ensure the Global Eco-
nomic Gateway's success, the
Global Fulfillment Services
report suggested reforms to the
Bahamas' immigration and
National Investment Policy -
especially when it came to
industries supposedly reserved
for 100 per cent Bahamian own-
ership only would be neces-
sary (see other story on this
page).
"There are three key levers
that impair the ability of


Freeport to compete effectively
in the global economy, and
which set it apart from the Jebel
Ali model," the Global Fulfill-
ment Services report said.
"They are: Policies that
restrict the talent pool for busi-
ness of what is available within-
the Bahamas (immigration).
"Policies that restrict foreign
equity investment in a wide
range of industry sectors (for-
eign business ownership).

SEE page 4B


'Profound shift' in immigration

policy needed for Freeport plan


* By NEIL HARTNELL
Tribune Business Editor
A "profound shift" in the Bahamas' Immigra-
tion policy away from a protectionist approach to
one that seeks out skilled expatriate labour will be
necessary if the development of a free trade zone
in Freeport is to succeed, consultants to a poten-
tial Grand Bahama Port Authority (GBPA) pur-
chaser have said.
A report produced by Grand Bahama-based
consultants Global Fulfillment Services, designed
to give Fleming Family & Partners options and
recommendations for Freeport's future develop-
ment, said "access to skilled and willing talent is
essential" if plans to develop a 'Global Econom-
ic Gateway' the western hemisphere's "leading
free trade zone" was to succeed.
The report, authored by Rob Millard, said the
original Hawksbill Creek Agreement, which set
out the legal and legislative framework for
Freeport's development and existence, had recog-
nised the need for the GBPA to balance Bahanii-
an employment with the need for highly-skilled


Fleming consultants also
suggest National Investment
Policy needs to be adjusted
for the 'Global Economic
Gateway' vision's fulfillment

expatriate workers. In addition, the Government
was able to police the arrival of expatriates and
bar any undesirables.
Yet this had not worked to Freeport's benefit in
practice, the Global Fulfillment Services report
saying: "The vast empty tracts of land in the des-
ignated Sea/Air Business Centre bear witness to
the failure of this policy to drive economic invest-
ment on iii\iliing like the scale that might have
been."
The only businesses that had thrived on Grand


SEE page 7B


I










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Nassau
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appoints 20-year




sales veteran


GRAND Isle Resort & Spa,
the $100 million condo hotel
nearing completion in Emerald
Bay, Exuma, has appointed
Laurinda Jelinek as on-site sales
representative.
"We are very pleased to
announce that Laurinda Jelinek
has joined the Grand Isle
Resort & Spa team," said
Pamela McCullough, senior
vice-president of EGI Ltd, the
resort's developers.
"Laurinda brings a wealth of
experience gained over 20 years
in resort communities in Den-
ver and Florida. She's excited
about the quality of this project
and the stunning tranquility of
Exuma, with its incredible
waters that for years have made
this a yachting paradise. In the
few days since she has been on
property, she has demonstrat-
ed her eagerness to cooperate
with real estate firms and has
already met with several leading
agents."
Located at the highest peak
of the Emerald Bay enclave, a
short walk along the beach from
the Four Seasons resort, Grand
Isle is home to 78 Caribbean-
style residences, ranging in price
from a one-bedroom villa at
$895,000 to a four-bedroom
penthouse at $6 million-plus.
Amenities include an endless
horizon pool, private beach, fit-
ness centre, Pallappa Bar &
Grille and availability of 24-
hour concierge, butler or chef
service.
Guests also have access to the
spa, casino and restaurants at
Four Seasons, the Emerald Bay
mega-yacht marina and the
Greg Norman Golf Course.
Grand Isle is a condo-tel
development in the Bahamas,
a global trend credited with


boosting the resort construction
industry. Unlike timeshare or
fractional share resorts, condo-
tels allow owners complete
ownership plus the right to earn
revenue from their home when
not in residence while it is mar-
keted and managed by a resort
operations company. Grand
Isle's hotel operation is man-
aged by Grand Caribbean
Resorts.
"Selling the condo-tel con-


cept is interesting because it is a
win-win situation," says Ms
Jelinek who has sold luxury sin-
gle family, high rise and resort
residential developments.
"Condo-tels make good sense
in that they allow the owner to
defray the cost of buying
because they receive rental
income. Plus, the owner knows
they have a place they love to
vacation that feels like home
away from home."


SaS



*i



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P. 0. Box N-7518
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Switchboard #: 242-502-5700 / Fax # 242-502-5785



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PAGE 2B, WEDNESDAY, MARCH 26, 2008


THE TRIBUNE








THE TRIBUNE WEDNESDAY, MARCH26, 2008, PAGE 3B


Winding-up petitions


no debt pressure tactic


* By NEIL HARTNELL
Tribune Business Editor
BAHAMIAN companies
cannot use winding-up petitions
under the Companies Act to
pressure another to settle a debt
that is disputed in good faith,
the Court of Appeal has ruled
in relation to a case involving a
well-known Freeport hotel.
Throwing out an appeal
brought by a Danco Ltd and
Carl Johansen, over a winding-
up petition initiated over an
alleged debt that had its origins
with The China Emperor Hotel,
appeal justices Lorris Ganpats-
ingh, Emanuel Osadebay and
Hartman Longley, backed the
original verdict of Supreme
Court Justice Stanley Moore
that the whole matter was
"founded on a disputed debt".
Recalling the background to
the case, the Court of Appeal
recorded that The China
Emperor Hotel, constructed at
Freeport's Bell Channel Bay,
was established in 1973. Knud
Paulsen, named as the respon-
dent in the Danco action, was
its president, director and a
shareholder in the resort hold-
ing company, The China
Emperor Ltd.
In December 1982, Mr
Paulsen guaranteed a loan from
the Bank of Montreal
(Bahamas & Caribbean) to The
China Emperor Ltd, which was
secured by a debenture over the
company's assets.
The bank eventually assigned
its interest in the loan and
debenture, in return for pay-
ment of $136,360, to a company
called Medic Ltd on December
22, 1987. Then, a month later, in
return for a $140,641 payment,
Medic Ltd assigned its interest
to Danco Ltd. The latter was
incorporated in the same day.
The China Emperor Ltd's
attorneys inquired about the
balance owing on the loan,
seeking to pay it off, around the
same time as these transactions
took place. On January 25,
1988, it forwarded $137,784 to
Medic Ltd through the latter's
attorney, Maurice Glinton &
C-,.
However, three days later,


The China Emperor Ltd
received a letter from another
attorney's offices, Maynard &
Co, representing Danco Ltd,
stating that $139,769 was need-
ed to discharge the debt.
After The China Emperor
Ltd's attorneys forwarded the
$1,985 balance to Maynard &
Co on February 2, 1988, they
then received a reply stating
that apart from the $139,769
that had been paid, a further
$140,641 was owed to Mr
Johansen to repay advances
allegedly made to the resort that
had been assigned to him.
Some 10 years later, Rawle
Maynard, of Maynard & Co,
made a statutory demand on
The China Emperor Ltd for the
repayment of $409,331. When
no payment was forthcoming,
a previous Supreme Court rul-
ing in 1988 having found that
the disputed $140,000 was not
an advance to the resort, Danco
Ltd and Mr Johansen filed a
winding-up petition with the
Supreme Court on October 13,
1999.
They alleged that The China
Emperor Ltd was unable to pay
its debts and should be wound-
up as a result, but Justice Moore
dismissed their argument and
refused to grant the winding-up
petition.
Danco Ltd and Mr Johansen
appealed on the grounds that
the judge erred in finding both
parties accepted there was a dis-
pute over the existence of a
debt, and that he did not give its
petition "due consideration".
Mr Paulsen, in response,
argued that The China Emper-
or Ltd had discharged its
indebtedness through the
$139,000 payment.
In addition, there was nothing
to substantiate the claim by
Danco Ltd over the $140,000
advances, with The China
Emperor Ltd not admitting any
advances were made.
Justice Osadebay, writing the
verdict on behalf of all three
appeal judges, said: "It has been
said so many times before and
in so many ways that it is an
abuse of process to petition for
the compulsory winding-up of
a company for the improper


purposes of pressurizing a com-
pany to settle a disputed
debt.....
"The company does not
admit that it owes the petition-
er [Danco] any debt by reason
of advances made by the sec-
ond petitioner, Mr Johansen, to
the company as claimed by him.
The petitioners were unable to
point to a debt of a specified
sum by way of advances alleged
to have been made to the com-
pany that could not be serious-
ly questioned either as to exis-
tence or quantum."
Justice Osadebay concluded:
"The liability in respect of the
alleged debt on which the peti-
tion is founded is disputed by
the company in good faith and
on substantial grounds. The
prosecution of the winding-up
petition should be restrained."
As a result, he ruled that The
China Emperor Ltd had a "rea-
sonable excuse" for not com-
plying with the demand for pay-
ment that was served upon it.
Danco Ltd and Mr Johansen
had also argued that the
Supreme Court was wrong not
to determine whether The Chi-
na Emperor Ltd was insolvent,
for if it was they would be enti-
tled to apply for a winding-up
order.
However, this, too, was
rejected by the Court of
Appeal, which said no evidence
to support any claim that The
China Emperor Ltd was insol-
vent had been offered.
"The petitioners relied sim-
ply on the company's non-com-
pliance with the statutory
demand to raise the presump-
tion that the company was insol-
vent, as provided for under sec-
tion 188 of the Companies Act,"
Justice Osadebay explained.
"On the hearing of a wind-
ing-up petition, founded on the
ability of the company to pay
its debts, the onus is on the peti-
tioner to prove that the compa-
ny is unable to pay its debts, not
on the company to prove its sol-
vency.
Danco Ltd and Mr Johansen
were represented by Mr May-
nard, Mr Paulsen by Philip
Davis and Ian Winder of Davis
& Co.


VACANC FR HEPOITIOOF
aaC' Aulto
B H AnCoMnNAGER


Core responsibilities:


* Manages a branch in Nassau with approximately thirty
employees.
Plans branch's work on a weekly and monthly basis,
S including setting goals, adjusting priorities and
deadlines.
Provides leadership in area of consumer and
mortgage loans.


Knowledge, Skills and Abilities:


* Bachelor's degree, plus five (5) years banking experience.
* Core knowledge of accounting and finance to track and manage
budgets.
* Knowledge of Banking laws, including requirements of The
Central Bank of The Bahamas which governs Commercial
Banking.
* Strong supervisory skills to manage staff, build teamwork, as
well as excellent customer service skills.
* Strong oral and written communication skills as well as to
interact with staff, the general public.
* Time management and organizational skills.
Ib
Benefits include: Competitive salary commensurate with
experience and qualifications; Group Medical (includes
dental and vision) and Life Insurance; Pension Scheme.


Interested


persons should apply no later than

March 31st, 2008 to:


DA 60935

c/o The Tribune

P.O. BoxN3207

Nassau, Bahamas


The successful candidate should have previously worked in
the client accounting department of a Trust Company or
other financial institution. Familiarity with integrated
accounting software required. CPA or CA preferred but not
essential.

Experience to include ability to understand client's financial
and investment needs and be .able to perform in-depth
analysis and prepare financial statements in accordance
with internationally accepted financial reporting standards
as well as clients' specialized reporting needs. Experience with
complex accounts, e.g. active real estate development,
leveraged portfolio investments in multi-currencies,
commodities and a broad spectrum of derivatives, et al.



International Protector Group is a specialist provider of
Protector and related services in the trust industry. We are
closely involved in the establishment and operation of
Private Trust Companies, Foundations, Trusts and Companies
for our clients.

Interested candidates who wish to apply for the above
position should apply in writing to the following:

Gordon Rodland
International Protector Group Limited
Montague Sterling Centre
East Bay Street
P.O. Box N-3924
Nassau, Bahamas

info @ ipg-protector.com


IPG
PROTECTOR


www.ipg-protector.com


CLIENT ACCOUNTANT


FIRSTCARIBBEAN
INTERNATIONAL BANK


CAREER OPPORTUNITY
jfr

SENIOR FINANCIAL ANALYST

BAHAMAS

Qualifications:

* Accounting designation (ACCA, CPA or other similar designation)
* Audit experience (Preferred)
* Prior experience working in/with financial institutions
* Proven analytical skills in reporting, modelling and forecasting
* Proven team management skills

General Requirements/Responsibilities:

* Ensures the integrity of financial information presented for FirstCaribbean
International Bank (Bahamas) Limited
* Analyzes financial results and prepare variance reports for local and parent
company leaders.
* Assist with the preparation of accurate and timely quarterly financial
statements for publication as required by the Securities Commission and
BISX.
* Ensures that financial and management reports are prepared and distributed
within established timelines
* Consults with business units of the Bahamas entity, monitors their
performance and provides advice based on analyzed results and strategic
plan priorities
* Liaises with business heads, anticipating the impact of internal and external
factors and trends on overall profitability, return on investment and future
growth for the Bahamas entity.
* Interpret changes in accounting and reporting standards and recommend
changes and enhancements to systems and reports.

Remuneration:

* Salary commensurate with management position at the FC Level 6
(Note: 1 11 job levels)
Benefits- attractive salary, six weeks vacation, preferred loan rates, employee share
purchase plan, variable incentive pay (bonus), medical scheme, pension benefit

Applicants are requested to submit their resume with a cover letter via e-mail
by April 4th, 2008 to: deangelia.deleveaux@firstcaribbeanbank.com

FirstCaribbean International Bank (Bahamas) Limited thanks all applicants for their
interest, however only those under consideration will be contacted.
Vacancies are open to Bahamian residents only.


. ...........


I


WEDNESDAY, MARCH'26, 2008, PAGE 3B


THE TRIBUNE







THE TRIBUNE


PAGE 4B, WEDNESDAY, MARCH 26, 2008


PUBLIC NOTICE
INTENTTO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, EDELINE LOUISSAINT
of Nassau, Bahamas, intend to change my name to
EDLINE ELAINE MAJOR. If there are any objections to
this change of name by Deed Poll, you may write such
objections to the Chief Passport Officer, P.O.Box N-742,
Nassau, Bahamas no later than thirty (30) days after the
date of the publication of this notice.




Invites final comment on the proposed

CONTRACTORS BILL 2007


A copy of the proposed bill is on

the BCA website at:

www.bahamiancontractors.com

Please use the "contact us" section

to email your comments.

Written comments may be

dropped off at our office in the

Chamber of Commerce building

or faxed to 322-4649.


NOTICE

NOTICE is hereby given that MELAINE FRANCOIS
of HOPE TOWN, ABACO, BAHAMAS is applying to
the Minister responsible for Nationality and Citizenship,
for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason
why registration/ naturalization should not be granted,
should send a written and signed statement of the
facts within twenty-eight days from the 19TH day of
MARCH 2008 to the Minister responsible for Nationality
and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.


Legal Notice


NOTICE


MULTIMAX GROUP SERVICES CORPORATION
(In Voluntary Liquidation)



Notice is hereby given that the above-named Company is
in dissolution, which commenced on the 7th day of March
2008. The Liquidator is Argosa Corp. Inc., P.O. Box N-7757
Nassau, Bahamas.




ARGOSA CORP. INC.
(Liquidator)


The Scotiabank Rate Booster Deposit
Combines the higher interest rates of a longer term
investment with the flexibility of a short term deposit.

Your interest rate increases twice during the term of your investment,
so your money is guaranteed to grow faster! Plus you have access to
your money at two set dates within the term of your deposit, giving
you penalty free access to your money. t


Visit your nearest Scotiabank branch today.


t Some conditions apply. Rates subject to change.
* Tradrn aks of The Bank of Nova Scotia.
Tidemarrks used under Ilcnse and control of Thle Bank If N, vN S-Lt,'


Life. Money. Balance both:


'Global Economic



Gateway' strategy



to revive Freeport


FROM page 1B

"Uncertainties at both the
legislative and executive level
about how the free trade zone
(and Freeport in general)
should be governed and ren-
dered safe for investment."
Acknowledging that its esti-
mates of the free trade zone's
economic impact were prelimi-
nary in nature and that more
detailed assessments were nec-
essary, the report said that even
if the Global Economic Gate-
way made an impact equivalent
to 20 per cent of that of Dubai,
it would generate 25 per cent
of Bahamian per annum GDP
or $2 billion.
The Jebel Ali Free Trade
Zone in Dubai was estimated
to account for 26 per cent of
that nation's economy by
Moody's, acting as home for
5,500 companies from 110
nations as at November 2007.
Global Fulfillment Services
said that by applying the con-
servative 20 per cent estimate
to these figures, it was possible
that Freeport's free trade zone
could harbour 1100 companies
from 22 countries within five to
10 years, employing 10-15,000
workers.
And with the Jebel Ali Free
Trade Zone in Dubai generat-
ing $4.26 billion in per annum
GDP, the same 20 per cent
yardstick indicated that
Freeport's envisaged Global
Economic Gateway could add
an additional $850 million per
annum in GDP. This, Mr Mil-
lard wrote, translated into an


average $775,000 per annum
spend by businesses in that
Global Economic Gateway.
The report suggested that this
extra economic activity could
bring 25,000 new residents to
Freeport, with one-third or
8,500 employed or owning busi-
nesses in the Global Economic
Gateway. The remainder would
be family members.
The Global Fulfillment Ser-
vices report said that using US
market data, 25,000 additional
Freeport inhabitants could cre-
ate demand "for the equivalent
of five new shopping malls" and
50 restaurants.
With US retail spending esti-
mated at $5,000 per capital, the
report said Freeport's extra
25,000 inhabitants could boost
retail spending in the city by
$125 million per annum.
Other areas that could bene-
fit were the construction indus-
try, with 8-10,000 new residen-
tial units needed at a construc-
tion rate of just under 250 new
units per month for three years,
and 8,300-12,000 new vehicles
also likely to be required.
The Global Fulfillment Ser-
vices report said: "A more
detailed analysis is likely to con-
firm indirect benefits to the
island of 25,000 additional medi-
um to upper income residents of
anything from $1 billion per
annum upwards.
"This would furthermore
imply over $100 million (per-
haps significantly more than
that) per annum into the
Bahamas Treasury in addition-
al import duties."


Pricing Information As Of: C FA L
,FridayD& 25 March 2008. L T '&TRADED SECURITIES VISIT WWW BISXBAHAMAS.COM FOR MORE DATA & INFORMATION
S .MX ALL SHARE INDEX' CLOSE 1.975.87 / CHG -27.58 /%CHG -1.38 / YTD -90.88 / YTD % -4.40
52wk-HI 52wk-Low Securit y Previous Close Today's Close Change Daily Vol. EPS $ Div S P/E Yield
1.91 0.82 Abaco Markets 1.89 1.91 0.02 3.000 0.157 0.000 12.2 0.00%
11.80 11.25 Bahamas Property Fund 11.80 11.80 0.00 1.502 0.400 7.9 3.39%
9.68 8.60 Bank of Bahamas 9.6619.61 0.00 0.643 0.160 14.9 2.71%
0.99 0.85 Benchmark, 0.99 0.99 0.00 0.188 0030 53. 3.03%
3.74 2.10 Bahamas Waste 3.66 3.66 0.00 0.289 0.090 12.7 2.46%
2.70 1.30 Fidelity Bank 2.60 2.60 0.00 0.058 0040 44.8 1.54%
13.63 10.35 Cable Bahamas 13.62 13.63 0.01 2.735 1.093 0 240 12.5 1.76%
3.15 2.10 Colina Holdings 2.87 2.87 0.00 0.031 0.040 92.6, 1.39%
8.50 4.67 Commonwealth Bank (S1) 7.46 7.46 0.00 0428 0,270 17.4 3.62%
7.22 3.60 Consolidated Water BDRs 4.78 4.78 0.00 1.403 0.157 0.052 30.4 1.09%
2.50 2.20 Doctor's Hospital 2.48 2.50 0.02 30,000 0.316 0.040 7.9 1.60%
7.90 5.94 Famguard 7.90 7.90 0.00 0.713 0280 11.1 3.57%
13.01 12.45 Finco 12.92 12.92 0.00 421 0.810 0.570 16.0 4.41%
14.75 13.50 FirstCaribbean 13.95 13.50 -0.45 14.200 0914 0.470 14.8 348%
6.10 5.12 Focol (S) 5.50 5.50 0.00 0 363 0.140 15.2 2.55%
1.00 0.54 Freeport Concrete 0.74 0.74 0.00 0035 0.000 21.1 0.00%
8.00 6.86 ICD Utilities 6.86 6.86 0.00 0.411 0.300 16.7 4.37%
12.50 8.60 J. S. Johnson 12.30 12.30 0.00 1.059 0.610 11.6 4.96%
10.00 10.00 Premier Real Estate 10.00 10.00 0.00 1.167 0.600 8.6 6.00%
Fidelity Over-The-Counter Securities
52wK-,Hi 52wk-Low Symbol B.a 5 Ask $ Last Price Weekly Vol. EPS $ Div $ PIE Yield
14.60 14.25 Bahamas Supermarkets 14.60 15.60 14.60 1.999 1.160 0.900 13.4 6.16%
8.00 6.00 Caribbean Crossings (Pref) 6.00 6.25 6.00 0.000 0.480 NM 7.80%
0.54 0.20 RND Holdings 0,35 0.40 0.35 -0 023 0.000 N/M 0.00%
Colina Over-The-Counter Securities
41 '0 41 00 ABDAB 41.00 43.00 41.00 4450 2.750 9.0 670%
14.60 14.00 Bahamas Supermarkets 14.60 15.60 14.00 1 160 0.900 13.4 6.16%
0.55 0.40 RND Holdings 0.45 0.55 0.45 -0.023 0.000 N/M 0.00%
..;. -- L-- BISX Listed Mutual Funds
52wk.Hi 52wn-Low Fund Name NA VT Ci Last 12 Months D.. S Yield %
1 3041 1 2037 Colina Bond Fund 1 304-134- 094' '
3.0008 2.6254 Colina MSI Preferred Fund 2.982729* -0.60% 14.89%
1.3837 1.2647 Collna Money Market Fund 1.383727- 0.63% 3.89%
3.7969 3.1424 Fidelity Bahamas G & I Fund 3.6651 -3.47% 18.28%
12.0429 11.4467 Fidelity Prime Income Fund 12.0429* 0.92% 5.69%
100.0000 100.0000 CFAL Global Bond Fund 100.00"
100.0000 100.0000 CFAL Global Equity Fund 100.00"
1.0000 1.0000 CFAL High Grade Bond Fund 1.00"
10.5000 9.6433 Fidelity International Investment Fund 9.6433* -0.20% -8.16%
:. '',-...: .. :-' FINDEX CLOSE 000.00 /YTD 0.00% / 2007 34.47%
61X S LL -..a e INDE A 19 Del 02 = l O.t 0 F.XG'E l' 7 ,1 r l YIF LD last 12 month dividends divided by closing price NAV KEN
52wk-H, Highest closing price in last 52 weeks Bid Buying price of Colain and Fidelity
52wk-Low Lowest closing price in last 52 weeks Ask $ Selling price of Coline and fidelity 29 I tru-nv 200
Previous Close Previous day's weighted price for dally volume Last Price Last traded over-tho-counter price 1 LDc-mn hr, 2007
Today's Close Current day's weighted price for dally volume Weekly Vol Trading volume of the prior week 14 M1ri1h .OO, t
Change Change in closing price from day to day EPS $ A company's reported earnings per share for ihe last 12 mths
Daily Vol. Number of total shares traded today NAV Net Asset Value
DIV S Dividends per share paid In the last 12 months N/M Not Meaningful
PIE Closing price divided by the last 12 month earnings FINDEX The Fidelity Bahamas Stock Index. January 1. 1994 = 100
S) 4-for-1 Stock Split Effective Date 8/8/2007
'S1 3-for-1 Stock Split Effective Date 7111/2007
". TOatiralm .QPWa34*L.. .502-7O10 I FIDELITY 242-356-7784 / FOR MORE DATA & INFORMATION CALL (242) 394-2503


Legal Notice


NOTICE


MONTFORT LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named Company is
in dissolution, which commenced on the 18th day of March
2008. The Liquidator is Argosa Corp. Inc., P.O. Box N-7757
Nassau, Bahamas.




ARGOSA CORP. INC.
(Liquidator)




Legal Notice


NOTICE


JPMA ENTERPRISE LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named Company
is in dissolution, which commenced on the 8th day of
February 2008. The Liquidator is Argosa Corp. Inc., P.O.
Box N-7757 Nassau, Bahamas.




ARGOSA CORP. INC.
(Liquidator)




Legal Notice


NOTICE


VENUS AND MARS LIMITED
(In Voluntary Liquidation)



Notice is hereby given that the above-named Company is
in dissolution, which commenced on the 11th day of March
2008. The Liquidator is Argosa Corp. Inc., P.O. Box N-7757
Nassau, Bahamas.




ARGOSA CORP. INC.
(Liquidator)


I


BUSINESS













Albany appoints



environmental



manager


THE $1.4 billion Albany
Golf & Beach Resort has
named Rochelle Newbold as
its environmental manager,
with responsibility for ensur-
ing the developer meets its
environmental commitments
that were agreed with the
Government.
A former Bahamas Envi-
ronment, Science and Tech-
nology (BEST) Commission
executive, Mrs Newbold said
in a statement: "I am excited
to be a part of the team to
help bring Albany to life. We
will be responsible, and in the
process, we will set a new
standard of partnership bring-
ing together private sector
business, the Government and
the surrounding community to
preserve and enhance envi-
ronmental quality with this
mixed-use resort."


Port licensees

appeal ruling

FROM page 1B

the Registrar General's Depart-
ment. He argued that whether a
company was incorporated was
a question of law, the certifi-
cate of incorporation only being
evidence of its incorporation.
As a result, Mr Glinton had
argued that the absence of such
a certificate was not fatal to the
Association's case.
Justice Adderley, though,
agreed with the GBPA and gov-
ernment attorneys that when a
non-profit company, such as the
Association, was incorporated
under section 14 of the Act,
obtaining a licence from the rel-
evant minister was a prerequi-
site for this. Without this, the
company was not incorporated.


Dr Tyrone McKenzie, vice-
president of Albany Develop-
ment Ltd, added: "Rochelle
was with the BEST Commis-
sion from 2000-2007, and few


other people in the Bahamas
are as well-qualified and expe-
rienced to help protect the
environment as we bring the
Albany development to the
country."
Albany agreed in its Envi-
ronmental Management Plan
(EMP) to provide financial
assurances to its long-term
commitment to protect the
environment. The agreements
include maintaining the
integrity of its south ocean
beaches, renourishing portions
of the Adelaide beachfront,
and protecting native species
and coral beds.
Albany will employ more
than 1,600 construction work-
ers, and will also offer 600 new
jobs. The economic impact
towards the country's Gross
Domestic Product (GDP) is
expected to exceed $2 billion.


WEDNESDAY, MARCH 26, 2008, PAGE 5B


fielding questions from internal guests and filing. Maintaining paperwork and processes for selection
process.
* High School graduate
" Organization and effective time management skills
* I Itunan Resources professional experience
. Computer experience (Microsoft Word, Excel, PowerPoint. Access)
* Public speaking experience
* Strong organizational skills, creativity and resourcefulness
* Very strong interpersonal and relationship building skills
* Highly visible, approachable and professional presence
Please e-mail or fax a copy of your resume and telephone contacts to:
The Director of Human Resources
The Abaco Club on Winding Bay
(A Ritz-Carlton Managed Property)
P.O. Box AB20571, Marsh Harbour
Abaco, Bahamas
E-mail:hhumanresourcesiatheabacoclub.co i OR
Fax #: 242-367-0392
The deadline for receipt of anil resumes or applications is Friday, March 28, 2008.
Sorry, no telephone calls will be accepted for these positions.


Legal Notice



INTERNATIONAL BUSINESS COMPANIES
ACT
(No.45 of 2000)

WEDGE INVESTMENT CORP
InV'oluntary liquidation

Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000)),
WEDGE INVESTMENT CORP has been dissolved and struck
off the Register according to the Certilicatec of Dissolution issued by
the Registrar General on the 13th day of March, 2008.

ROBERTO DIEGO LICIO SINISCALCHI
Colonia 810, Apto. 403
Montevideo, Uruguay
Liquidator


THE PUBLIC HOSPITALS AUTHORITY
PRINCESS MARGARET HOSPITAL & SANDILANDS
REHABILITATION CENTRE











PUBLIC NOTICE

TENDER FOR THE SUPPLY OF PROVISIONS & FOOD ITEMS

Tenders are invited from qualified Contrators for the supply of
Provisions and Foods Items for the Princess Margaret Hospital and
Sandilands Rehabilitation Centre Public Hospitals Authority, for a
period of one (1) year

Tender documents, which include instructions to Tenderers,
specifications and other relevant information can be collected
9:00 a.m.- 5:00p.m., Monday through Friday at the Materials
Management Directorate, Princess Margaret Hospital's compound
Shirley Street.

A Tender must be submitted in duplicate in a sealed enve-
lope or packaged identified as TENDER FOR THE SUP-
PLY OF PROVISIONS AND FOODS ITEMS FOR THE
PRINCESS MARGARET HOSPITAL AND SANDI-
LANDS REHABILITATION CENTRE" and addressed to:



The Chairman
Tenders Committee
Public Hospitals Authority
Third Terrace west
Collins Avenue
P.O. Box N-8200
Nassau, Bahamas

All tenders must be received at the above address by 5:00 p.m. on
Thursday 1st May, 2008

A copy of a valid business license and a certificate of up to date
National Insurance Contributions should accompany all proposal.

The Public Hospitals Authority reserves the right to reject any or all
Tenders(s)


THE TRIBUNE


WINDINO BAY

The Abaco Club on Winding Bay (A Ritz-Carlton managed property) is
accepting applications for the following positions:

Executive Chef
Responsible for all aspects of managing the kitchen and kitchen personnel, ensuring the quality
preparation of all menu items and proper handling/storage of all food items in accordance with
approved standards. Coordinate the purchase of all food and develop menus, maintaining approved
food and labor costs.
* Culinary college degree preferable. High School diploma and/or equivalent
* Vocational training certificate acknowledged
* Certification of culinary training or apprenticeship
* 3 years experience in a similar position at a 5 star restaurant or resort
* Ability to work all stations in the kitchen
* Ability to communicate in English with Members, Co-workers and Management
* Exceptional skills in long range guest relationship maintenance
* Strong knowledge of food control costs and strategies
* Use of tracking systems for effective follow-up and customer purchase sequence
* Ability to maintain Club's standards, policies and procedures with all kitchen personnel
Membership Sales Executives (2)
* Exceptional written and verbal communication skills, organizational skills
* Exceptional Telephone skills
* Public speaking preferred
* Ability to demonstrate strong relationship sales capability
* Ability to interface professionally with all members of staff
" Generation and execution of an annual business plan
G Self generation of business through referrals and other personal contacts
* Exceptional skills in long range guest relationship maintenance
* Use of tracking systems for effective follow up and customer purchase sequence
* College degree preferred
Club Director
Assists the General Manager and is responsible in his/her absence for all aspects of the Hotel's
operations including Rooms Division, Engineering, Catering/Conference Services etc., in accordance
with hotel standards.
* Maximum five (5) years experience in property management for a high end private members
club and development
* Negotiations experience with international destinations clubs as vendor partners
* Responsible for overseeing turnover of physical assets from construction and development stages
to operational
* Knowledge of "fractional ownership" and rental pool arrangements at private membership clubs
is an asset.
* Pre-opening management experience with contractors and sub-contractors is an asset
* Must have eight (8) or more years of hotel operations experience in a luxury full-service
environment, with at least five (5) years at executive level
* Strong proven leadership abilities and a vision for quality and excellence in hotel operations
* Support hotel executives in planning, developing, implementing and evaluating the quality of
products and services given to internal and external customers.

Director of Operations
Assists the General Manager and is responsible in his/her absence for all aspects of the Hotel's
operations including Food & Beverage, Engineering. Catering/Conference Services etc., in
accordance with hotel standards
* Immediate area of responsibility are the Food & Beverage and Culinary areas, including
pre-offering consultation and purchasing for new restaurants and kitchens
* Knowledge of engineering and construction is key for the right applicant
* Supervision of the engineering area will require knowledge of skills and trades, man power and
recruitment and retention of employees
* Successful applicant must be able to demonstrate experience commensurate with Ritz-Carlton
brand Five Diamond Standards.
* Must have 8 or more years of hotel operations experience in a luxury full-service environment,
with at least 5 years at executive level
* Strong proven leadership abilities and a vision for quality and excellence in hotel operations
* Support club executives in planning, developing, implementing and evaluating the quality of
products and services given to internal and external customers.

Equestrian Manager
Responsible for managing and overseeing the Equestrian Department including responsibility for
budgeting, forecasting, staff scheduling, caring for six horses and the stables and product inventory.
Provides and maintains services to enhance the guests' equestrian experience by performing the
following duties.
* Oversees the maintenance of all tack equipment and repairs equipment as needed
* Ensures that horses are fed, watered and that the cleanliness of stables and surrounding areas are
maintained
* Inspects animals on a regular basis for health and injury and ensures that require attention is
given.
* High school diploma
* Relevant training and five (5) years experience in related field


Director of Finance (Operations)
Provide finance and accounting leadership for a unique resort property. Provide accounting &
financial support for luxury, mixed use membership resort operation. Ensure accurate and timely
on-site financial management, reporting, forecasting and budgeting of all on-site Ritz-Carlton
business units and ancillary profit centers, including the Homeowner & Member Associations.
Safeguard company assets and maintain a strong environment of financial control. Responsible for
heavy corporate reporting to regional and international corporate bodies of Ritz-Carlton and Marriott
Vacation Club International.
* BS or BA in Accounting or Finance required
* CPA/MBA preferred
* 5-7 years accounting experience in real estate, hospitality or related field
* 3-5 years management experience at senior levels desirable
* Excellent presentation skills
* Strong Human Resources and Training abilities a plus.


Pastry Chef
Responsible for the supervision and coordination of the production of desserts, confections.
ice creams and fancy pastries and must have thorough knowledge of pastries and desserts
* Prepare all pastry and dessert items for buffet, banquet and restaurant use according to standard
recipes
* Visually inspect appearance of all cold food for proper color combination and overall
presentation to maintain appeal
* Supervise all pastry staff including, hiring, training, counseling and discipline
* Schedule appropriate ntunber of staff according to daily needs, banquet functions and weekly
forecasts
* Knowledge of accepted sanitation standards
Extensive experience with slicers, mixers, grinders, food processors, etc.
* lHigh school or equivalent education required: bachelor's )Degree prefcired
* Minimum of two years experience as a pastry chef in a five star restaurant


Human Resources & Learning Coordinator

Responsible for maintaining and updating all administrative aspects of training and quality, presenting
core training and quality classes, and assisting in the implementation and monitoring of all training
and quality functions in accordance with company's philosophy and hotel's standards. Duties to
include tvynine memos, updating HR database, maintaining employee files, answering telephones,








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Experience
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The successful candidate will be required to manage and direct the
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Please submit resume and supporting documentation to:
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FROM page 1B


Mr Moss said the EPA nego-
tiating arrangements suited both
the EU and CARICOM
nations that wanted the CSME.
He explained that the EU did
not want to negotiate with the
Bahamas and other Caribbean
nations on a one-to-one basis, as
this would be too cumbersome,
bureaucratic and inefficient in
that it would result in the cre-
ation of numerous competing
trade agreements.
Therefore, it always wanted
to negotiate with the Caribbean
nations as a group through
CARIFORUM and the
Caribbean Regional Negotiat-
ing Machinery (CRNM), some-
thing that also facilitated CSME
objectives.
Mr Moss also questioned
1 whether the Government's eco-
nomic and trade policies over
the EPA were designed to
chiefly benefit the Bahamian
fisheries industry and Polymers
International the two main
exporters who had most to lose
if this nation did not sign the
e EPA.
r He said there were unan-
swered questions over whether
the Government was tailoring
policy to satisfy these industries'
concerns at the expense of the
wider Bahamian economy's
interests.
"We have to examine what
makes the Government behave
so irrationally that it seems pre-
pared to jeopardise the 99 for
the one," Mr Moss told The Tri-


tj


involves regional political and
economic integration to create a
single economic space.
Yet that has not satisfied Mr
Moss, who said: "We plan a
massive demonstration. You
will not have seen anything like
this in this country since you
have been here. We really want
to bring attention to it."
Arguing that citizens across
the European region were
opposed to the EPA, he added:
"We have defended this agree-
ment as if it were drafted in
Cabinet or Ministry of Finance.
It's just incredible. We will put
some pressure on this govern-
ment to draw back, just as they
did with CSME."
Mr Moss questioned how
much the Bahamas would have
to give up in talks with the US,
its major trading partner, over a
new trade agreement if it con-


ceded what it planned to give
the EU to preserve $60 million
worth of Bahamian exports.
"It is absolutely critical that
we sit down and devise a plan
for where the country needs to
go, whether we need to be part
of these trade arrangements,
and how far we should go," Mr
Moss said.
"We have to know where the
country wants to go with respect
to trade, and what we're pre-
pared to liberalise. We cannot
be in this kind of position where
we sit back, do nothing, allow
these agreements to come and
then go out and agree it, as
Zhivargo Laing is doing."
Mr Moss said the trade issue
was non-political, and Bahami-
ans had to understand decisions
on the EPA and other matters
would impact the quality of life
for future generations.


bune. "It doesn't seem rational
economics to me.
"We are concerned that the
Government of the Bahamas
cannot of itself make these deci-
sions without understanding all
the impacts of these agree-
ments. These agreements will
change a lot of things for this
country.
"The Bahamas really has to
recognize that it must be very
smart in the manner in which it
negotiates. Yes, it's part of
CARICOM, but I said a long
time ago that we're being roped
into things we do not want to be
part of."
He added: "The agreement
was supposed to have been
Bahamas to Europe. We have
to have reciprocity now. We did
not negotiate for the CAR1-
COM nations to have the same
thing with us. They will tell you
that the Bahamas will have the
same benefits, but these coun-
tries will have access to the rev-
enue streams of the Bahamas. It
is CSME through the back-
door."
Both Mr Laing and the
Bahamas Trade Commission's
chairman, John Delaney, have
denied to The Tribune that the
EPA is a 'backdoor' route into
the CSME, pointing out that
they are two completely sepa-
rate issues. The EPA is a pure
trade treaty, while the CSME







INS G H


For, t stories


THE PUBLIC HOSPITALS AUTHORITY
MATERIALS MANAGEMENT DIRECTORATE


PUBLIC NOTICE

TENDER FOR THE SUPPLY OF MEDICAL & SURGICAL ITEMS

Tenders are invited from qualified Contrators for the supply of
Medical & Surgical Items for the Materials Management
Directorate Public Hospitals Authority, for a period of one (1) year

Tender documents, which include instructions to Tenderers,
specifications and other relevant information can be collected
9:00 a.m.- 5:00p.m., Monday through Friday at the Materials
Management Directorate, Princess Margaret Hospital's compound
Shirley Street.

A Tender must be submitted in duplicate in a sealed envelope or
packaged identified as TENDER TO SUPPLY MEDICAL
& SURGICAL ITEMS FOR THE PUBLIC HOSPITALS
AUTHORITY" and addressed to:


The Chairman
Tenders Committee
Public Hospitals Authority
Third Terrace west
Collins Avenue
P.O. Box N-8200
Nassau, Bahamas


All tenders must be received at the above address by
Thursday 1st May, 2008


5:00 p.m. on


A copy of a valid business license and a certificate of up to date
National Insurance Contributions should accompany all proposal.

The Public Hospitals Authority reserves the right to reject any or all
Tenders(s)


Activist insists EPA






'backdoor' to CSME


CITC0

Moving Fund Services Forward"


Citco Fund Services is a division of the Citco Group of Companies and is the
largest independent administrator ofi ledge Funds in the world with offices in Curaqao,
Amsterdam, Dublin, London. l.uxembourg, Miami. New York, Toronto. Halifax. Cayman
Islands, the British Virgin Islands, The Bahamas, Bennuda, San Francisco, Singapore,
The Channel Islands and Sydney. The division provides full service administration to
over 2,000 Hedge Funds for multinational banks and international Investment Managers,
totaling over $600 billion in net assets.





As part of our continued expansion. in our office in The Bahamas, we now have an
opportunity for a professional and commercially oriented


Human Resources Manager

Applicants will have a solid understanding of the following Human Resources
functional areas:
* Recruitment & Resource Planning
* Employee Relations
* Performance Management & Review
* Benchmarking
* HR Policies, Procedures and Projects
* HIRIS (Human Resource Information System)
* Payroll & Benefits Administration
* Training Management (Technical & Soft Skills)

The successful candidates should meet the following criteria:
* 5 years Human Resources experience with at least 3 years in a similar role
* Ability to demonstrate prior capabilities across the spectrum of HR
(recruitment, compensation and benefits, employee relations, performance
management, training)
* Proven working knowledge of Bahamian employment law
* Proven ability to deliver Best Practice Human Resource Services & Practices
* Coaching, mentoring and consultative skills gained in a similar role
* Excellent interpersonal and communication skills
* Strong organizational, administrative and analytical skills
* Prior experience in the training function (delivery or management) is desirable
* Financial Services experience is desirable
* Strong business/customer service orientation essential.

We offer you: a challenging job in a rapidly expanding international company, with an
informal company culture. You will have the opportunity to broaden your job specific
knowledge with excellent prospects for participation in Citco's global best practice HR
initiatives.

If you are interested in this opportunity, please send your cunriculum vitae and covering
letter via
e-mail at the latest on April 1', 2008 to: Citco Fund Services (Bahamas) I.td.,
(hrbahamuascitco.com). You can find more information about our organization, on our
website: www.citco.com


I~ -


- -I


THE TRIBUNE


PAGE 6B, WEDNESDAY, MARCH 26, 2008


NOTICE
NOTICE is hereby given that KENSON LOUIS of
THIRD STREET, THE GROVE, NASSAU, BAHAMAS,
is applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason why
registration/naturalization should not be granted, should send a
written and signed statement of the facts within twenty-eight days
from the 19TH day of MARCH, 2008to the Minister responsible for
Nationality and Citizenship, PO.Box N-7147, Nassau, Bahamas.



NOTICE
NOTICE is hereby given that SHERLINE EUGENE of
HARBOUR ISLAND, ELEUTHERA, P.O. BOX CR-54802,
BAHAMAS, is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/naturalization should
not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 19TH day of
MARCH, 2008 to the Minister responsible for Nationality
and Citizenship, P.O.Box N 7147, Nassau, Bahamas.








WEDNESDAY, MARCH 26, 2008, PAGE 7B


'Profound shift' in immigration





policy needed for Freeport plan


FROM page 1B
Bahama over the past 53 years,
the report said, were those
whose workforce skills were
available in good supply locally
or could be trained, or where
Freeport's geographic and infra-
structure outweighed these dis-
advantages.
The Global Fulfillment Ser-
yices report said that given the
finite supply of skilled workers
in the world, and the intense
competition for their services,
current Bahamian immigration
policy "excludes a great many
businesses that might otherwise
make a significant economic
contribution to Freeport and
he Bahamas.
"The costs of building train-
ing programmes into budgets,
even where this is feasible, and
to have both an expatriate and a
Bahamian understudy in every
position requiring skills unavail-
able locally has often simply
made Freeport unattractive as
an investment destination, rela-
tive to other options available to
potential investors/businesses."


For any Global Economic
Gateway plans to succeed,
Freeport needed to become a
"destination of choice" for the
best, brightest and most high-
ly-skilled workers.
With not enough Bahamians
likely to be available to staff the
estimated 1,000-odd businesses
likely to set up home in the free-
trade zone, the Global Fulfill-
ment Services report said edu-
cational reform and training
programmes would be needed
to help prepare Bahamians for
the opportunities Fleming might
bring.
"As a controlling principle,
the immigration policy empha-
sis should move from a default
of protecting Bahamian jobs
and restricting expatriate immi-
gration to a default of attracting
the best talent available in the
world to come to Freeport to
contribute to the development
of the 'Global Economic Gate-
way' and the Bahamian econo-
my in general," the Global Ful-
fillment Services report sug-
gested.


It added that restrictions lim-
iting the employment of expa-
triate workers in certain posts
be eliminated completely with-
in the Global Economic Gate-
way, with the rest of Freeport to
potentially follow at a later date.
There were also recommen-
dations for greater transparency
on work permit fees, and for
work permit timeframes to be
extended from one to three
years.
The Global Fulfillment Ser-
vices report added that 8,500
extra expatriate business owners
and employees would generate
$50 million in permit fees per
annum.
It was also recommended that
the National Investment Poli-
cy's restrictions on certain
industries having to be 100 per
cent Bahamian-owned be elim-
inated inside the 'Global Eco-
nomic Gateway' free trade
zone, with the removal of these
requirements phased-in for the
rest of Freeport.
Companies in the free-trade
zone needed no ownership


restrictions if they were going
to be able to compete with rival
free-trade zones, the Global
Fulfillment Services report said.
It added that the National
Investment Policy also pre-
vented Bahamian owners from
maximising the value of their
companies if they decided to
sell-up by restricting the pool
of buyers, while there were sim-
ply not enough Bahamian
entrepreneurs to meet demand
if Freeport's population expand-
ed through the free trade zone
taking off.
"Inefficient supply chain
management and lack of
economies of scale in the whole-
sale industries have led to a sit-
uation where basic household
necessities and foodstuffs are
considerably more expensive
that just 50 miles away in Flori-
da. An approximately 50 per
cent increase in the population
of Freeport will render this
shortcoming completely unac-
ceptable," the Global Fulfill-
ment Services report conclud-
ed.


JTHE TRIBUNE


SRBC
FINCO




FINANCE CORPORATION OF BAHAMAS LIMITED


Chairman's review of the unaudited results
For the three months ended January 31, 2008



We wish to report that net income of $5,495,736 for the three months ended January 31, 2008
increased by S440m or 8.7% compared to the corresponding period last year.

The Bank's return on equity was 23.65% compared to 23.01% for the same period last year
Earnings per share totaled .21 compared to 19$ for the same period last year. The Bank experienced
growth in its mortgage portfolio although net interest margins were compressed during the quarter,
due to contracting spreads. Demand for mortgages remains strong and the bank is well positioned to
take advantage of growth opportunities.

An interim dividend of. 130 per share was declared based on the results for the quarter ended January
31, 2008, which was paid on 13t" March 2008, to all shareholders of record as of 5"' March 2008. The
dividend payment of.130 is consistent with the payment for the same period last year.






Meaning Diretoretr


FINANCE CORPORATION OF BAHAMAS LIMITED
CONSOLIDATED BALANCE SHEET (Unaudited)
As of January 31, 2008 and
October 31, 2007
(Expressed in Bahamian dollars)


January 31, 2008'


Cash
Statutory reserve account with
The Central Bank of The Bahamas
investments
Loans Net
Fixed assets Net
Other assets
TOTAL
LIABILITIES AND SHAREHOLDERS' EQUITY
LIABILITIES
Deposits
Dividends payable
Deferred fees'
Other liabilities
Total liabilities
SHAREHOLDERS' EQUITY
Share capital
Share premium
General reserve
Retained earnings
Total shareholders' equity
TOTAL


October 31. 2007


$ 23.222.359 S 17.337.02


29,195,566
46,363,173
634,684,524
2,720.410
1,299,863
$ 737,485,895


$ 614,864,021
21,800,000
6,890,055
1,050,338
$ 644,604,414

5,333.334
2,552,258
500,000
84,495.889
92,881,481
$ 737,485.895


FINANCE CORPORATION OF BAHAMAS LIMITED
CONSOLIDATED STATEMENT OF INCOME (Unaudited)
Three Months Ended January 31, 2008
(Expressed in Bahamian dollars)


INCOME
Net interest income
Provision for credit losses net
Net interest income after provision for credit losses
Fees and commissions
Total income
NON-INTEREST EXPENSES
Total non-interest expenses
NET INCOME
EARNINGS PER SHARE


Three Months
Ended
January 31, 2008

$ 7,346.083
27,635
7,373,718
817,865
8,191,583

2,695,847
S 5,495,736
$ 0.21


28.315.862
46.388,244
616.230,842
2,824,516
904.82 I
$ 712.002.187


$ 592.199.955
S'1.200,000
0.722.764
1.493.723
S 619,816,442

5.3 3. 4
?.55.. _58
"00.000
83,800,153
92,185.745
S. 712,002,187





(Restated)
Three Months
Ended
January 31, f;07

S 7,273.478
(113,624)
7.159,854
737,983
7,897,837

2,847,274
$ ._ 055 63
S 0.19


FINANCE CORPORATION OF BAHAMAS LIMITED
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (Unaudited)
Three Months Ended January 31, 2008
(Expressed in Bahamian dollars)


Share Share General
Capital Premium Reserve


Balance ait October 31, 2006, restated

Net profit for the period. restated
I )ividends
Balance at .lanuarv 31. 2007

Balance at October 31, 2007

Net profit for the period
Dividends
Balance at January 31, 2008


Retained
Earnings


Total


55,333,334 2,552,258 500,000 77,644,813 86,030,405

5,0.5W.) 5,055563

S5.13'.334 2.552.258 500,000 77.900)376 86,285.968

S5.33,,334 2,552.258 500,000 83,800,153 92.l85.74"

5,495,736 5,495,736
(4.Sun().!)(i(! 0 .l.S, 0( IlO


S5.333,334 2.552.258 500,000


84,495,889 92,881,481


FINANCE CORPORATION OF BAHAMAS LIMITED
CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited)
Three Months Ended January 31, 2008 .
(Expressed in Bahamian dollars)


CASH FLOWS FROM OPERATING ACTIVITIES
Net income
Adjustments or.
Depreciation
Provision for credit losses
Loss or disposal of fted assets


Changes in operating assets and hab.i:itcs
LItcrease in loans and advances, nct
Increase in deposits
Net cash from opera'.ing activities
CASH FIOWS FROM INVESTING ACTIVITIES
Purchase of fixed assets
Net (Purchase) Proceeds of investments
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITY
Dividends said


NET INCREASE IN CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS. BEGINNING OF THE PERIOD
CASH AND CASH EQUIVALENTS. END OF THE PERIOD


January 31, 2008

S 5.495,736


(27,635)
551
5.604,523

(1,550,840)
(18,426,047)
S22,464,066
8,091,702


25,071
(Z7.245)


(Restated)
January 31, 2007

S 5.055,563

123.188
1!3,624

5.292,375

(392,092)
(12,356,983)
9,236,244
,779.5--


7,987,006
.,943,08"


(2,200000 (1,20000 1,00000)


5,88.,457
7,337 902
S 23.222.359


8.522.628
21,823,993
S 30,326.62?


FINANCE CORPORATION OF BATIAMAS LIMITED
Notes to Unaudited Interim Consolidated Financial Statements
Three Months Ended January 31, 2008


1. ACCOUNTING POLICIES

These interim condensed financial statcnmi have been p-repared in accordance \\lith
Intemational Accountrig Standard 34 Inttenm. I inn,:il Rp oarinl. The accounting policies used
in the preparation of these interim finani.il staicmecnts a:c consistent Inh ihose used in the
audited financial statements fbt the year ended t-obe .3 1. 2()07

2. COMPARATIVES


Certain comparative figures have
financial statements.


been restated to conmpl \ \ilh lie plesentatiion of these inte ml


'I


ASSETS


6


_ ~...


I~in


NOTICE
NOTICE is hereby given that ST. GERARD TERRY SAINVIL of
STRACHAN'S CORNER, OFF EAST STREET, NASSAU,
BAHAMAS, is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/naturalization should
not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 19TH day of
MARCH, 2008 to the Minister responsible for Nationality
and Citizenship, P.O.Box N 7147, Nassau, Bahamas.


NOTICE
NOTICE is hereby given that CLARINE SYLVIUS of
FOXDALE, FOX HILL, P.O. BOX CR-54802, NASSAU,
BAHAMAS, is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/naturalization should
not be granted, should send a written and signed statement
'of the facts within twenty-eight days from the 19TH day of
MARCH, 2008 to the Minister responsible for Nationality
and Citizenship, P.O.Box N 7147, Nassau, Bahamas.


NOTICE

NOTICE is hereby given that ACEDY JEAN JULES
of MARSH HARBOUR, ABACO, BAHAMAS is
applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen
of The Bahamas, and that any person who knows any
reason why registration/ naturalization should not be
granted, should send a written and signed statement of
the facts within twenty-eight days from the 19TH day of
MARCH 2008 to the Minister responsible for Nationality
and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.




PAGE 8B, WEDNESDAY, MARCH 26, 2008


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THE TRIBUNE


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Mazda MX-5, Scion tC, Ford Mustang, Mini Cooper, Volkswagen GTI
Compact SUV
Honda CR-V, Suzuki Grand Vitara, Hyundai Tucson, Kia Sportage, Saturn
Vue, Toyota RAV4
Midsize SUV
GMC Acadia, Honda Pilot, Mazda CX-9, Saturn Outlook, Hyundai Santa
Fe, Hyundai Veracruz, Toyota Highlander
Compact Pickups
Toyota Tacoma, Dodge Dakota, Honda Ridgeline, Nissan Frontier
Large Pickups
Chevrolet Avalanche, Chevrolet Silverado 1500, Ford F-I150. GMC Sierra
1500, Toyota Tundra
Minivans
Chrysler Town & Country, Dodge Grand Caravan, Honda Odyssey,
Hyundai Entourage, Kia Sedona, Toyota Sienna


A
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Ready to GO!

fur I" i* A9kJW i&kzd


TOYOTA


Yaris


Corolla


T'-.'- s


... Hi ux
...... ..... ,: fi eh


See us at the BMDA NEW CAR SHOW
Friday & Saturday, March 28 & 29
at the Mall at Marathon


Land
i -Cruiser
Prado
rnovo


Auto Mall, Shirley Street (opp. St. MattheWs Church)
Open Mon to Fri 8amn 5:30pmt
SSat 8am- 12noon
MOTORS LTD Te: 397-1700
E-mail: cxccmolor@batelnet.bs
AUTHORISED TOYOTA DEALER Parts and service guaranteed
Available in Grand Bahama at Quality Auto Sales (Freeport) Queens Hwy, 352-6122 Abaco Motor Mall, Don MacKay Blvd. 367-2916


A L


4Runner


i i Him_




IPg 1 9hANNAL M A NW AR UPLEEN-WdnsdyMach26


TYRE FL'E;X STAR MOTORS
Authorized Deal, 'rstom. Mercedes-Benz, Isuzu and Subaru
Wulff Ro d" CSII;325.4961', Fax 323.4667







Wednesday, Ma 2 0h.rch ggi: 8 9 NA LANW ARS P M


Concept Vehicles-Dreams


May Come


Toyota A-BAT
Aside from its hybrid
drivetrain, the A-BAT's
green credentials are
bolstered by solar pan-
els embedded in the
dash to drive the acces-
sories. This compact
truck features unique
styling, low emissions
and high fuel economy.
It rides on a lightweight
unibody platform for
car-like handling

Jeep Renegade
Chrysler's Jeep
Renegade 2008 con-
cept looks like a tank,
but actually is a plug-
in diesel hybrid with
4-wheel drive and seat-
ing for two, giving this
never-to-be vehicle a
110 mpg range. There
is no paint, the colour
is molded into the com-
posite body and inte-
rior. All metal used is
aluminium to keep the
weight down. Although
many aspects of the


Renegade will never
make it to production,
the overall theme could
- perhaps as a Jeep
Wrangler Hybrid.

Nissan Forum
Showcasing Nissan's
advanced minivan de-
sign, the FORUM fea-
tures a Bose Media
System, rear seat mon-
itoring cameras, track-
less sliding doors, swiv-
eling second row seats,
and a glass roof.

Honda CR-Z
The CR-Z hybrid is a
concept built around
Honda's current-gen-
eration hybrid Civic/
Accord. The CR-Z is
a next-generation
lightweight sports car
equipped with Honda's
original gas-electric
hybrid system which
achieves both clean
performance and a high
level of torque.


True

Ford Verve
Three-Door
Ford's Verve concept
indicates what the
company's upcoming
global car, the Fiesta,
will look like in a cou-
ple of years. The 2010
Ford Fiesta will chal-
lenge the Honda Fit and
Toyota Yaris in the sub-
compact car class.

Chrysler
FcoVoyager
Ine four-door, four-
passenger ecoVoyager
is powered by a fuel


tures an all-new exte-
rior and more powerful
.engine choices, plus a
drastically revamped
interior. The distinctive
RAMstylingwasevolved
and made more aero-
dynamic. According to

I


to convey a pure and
functional look. It joins
Kia's versatile and styl-
ish line of cars and
SUVs for those who
enjoy active and ener-
getic lifestyles. Borrego
features Kia's first-ever
V8 engine, making it
the most powerful Kia
vehicle to date. The
Borrego is based on the
Mesa concept vehicle
shown in 2005.

Toyota Venza
Toyota has launched an
all-new utility vehicle
for the 2009 model year
- the Venza, a cross-
over sedan. Toyota


That

came up with the
designation be-
cause the Venza
combines "com-
fort and fun-to-
drive performance
elements of a five-
passenger sedan"
with the "util-
ity of an SUV."
The Venza was
designed with a
"sleek sedan con-
cept" in mind,

Hyundai Genesis
Hyundai's new rear-
wheel-drive Genesis
luxury sedan was on
display at the Detroit
Auto Show. The Korean
automaker says the car
'delivers features equal
to that of a $60,000
premium sedan for half
the price. Genesis will
compete with cars like
the Chrysler 300 and
Pontiac G8, providing
a combination of per-
formance, luxury, and
value.


cell and lithium ion bat-
tery pack giving a total
range of more than 300
miles with no tailpipe
emissions except wa-
ter. Production possi-
bilities are unknown at
this point.

NEW MODELS
Dodge Ram 2009
Dodge showed off its
redesigned Ram pickup
truck in January. It fea-


Chrysler, many
people use trucks
as luxury family
vehicles, and the
new Ram was re-
designed accord-
ingly.

Kia Borrego
Kia recently an-
nounced the
world debut of the
all-new Borrego
SUV, intended


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Bring this ad in and g

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)et 5% off
until Apr 1 5,20081

Road locations
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AUTO ~PRTS





Page 1419thANNUAL NEWCARU


ACDelco Parts are
premium quality most
makes replacement parts

Other ACDelco product lines include:
Oil, fuel & air filters, disc brake rotors,
conventional batteries, automotive &
marine maintenance-free batteries,
spark plugs, belts, fuel pumps, shock
absorbers, wiper blades, transmission
fluid & coolant.


O


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Toyota

Aims For


Sustainable

Mobility
Toyota, Scion and Lexus sales were up nearly 3 per
cent in 2007 against an industry-wide drop of 3 per
cent.
Toyota makes the top-selling passenger car in
America, and the top selling compact car.
The eco-friendly Prius Hybrid is Toyota's third
best-selling car, accounting for 11 per cent of total
sales. In fact, 11 Toyota and Lexu vehicles sell 100,000
units or more.
The company is adding V-8 flex fuel and clean
diesel engines to its Tundra and Sequoia truck models
this year, and continues to road test a fuel cell hybrid
vehicle.
Toyota is also developing cleaner and more effi-
cient methods of producing ethanol from wood waste
rather than food crops.:
Toyota has partnered with SunPower Corpora-
tion to install a 2.28 megawatt solar electric power
system on the roof of its California Parts Centre. When
completed this year, the photovoltaic system will
be the largest single-roof solar power installation in
North America.
The system is financed and owned by a third-
party, letting Toyota take advantage of the environ-
mental and financial benefits of solar without capital
costs.
The most immediate response the auto industry
can take to meet the challenges posed by energy
demand and climate change is to improve fuel
economy. Toyota gasoline vehicles are among the
most fuel-efficient in their class.
The Prius hybrid is the most fuel-efficient passenger
car sold in America, the Yaris is the most fuel-efficient
subcompact, and the Sienna is the most fuel-efficient
minivan.
Advanced conventional engines, plug-in hybrids,
fuel cells and clean diesels all play a part in Toyota's
vision of sustainable mobility. Toyota is represented in
the Bahamas by Executive Motors, located at the Auto
Mall on Shirley Street.


Honda I

Ranked
The 2008 Honda Fit ranks first
out of28 Affordable Small Cars
rated by US News & World
Report. This ranking is
based on the magazine's anal-
ysis of 66 published reviews
and test drives of the Honda
Fit, as well as reliability and
safety data.
Reviewers praise the 2008
Honda Fit's all-around appeal
compared to similarly styled
and powered subcompacts.
Both Motor Trend and Road and
Track magazines conducted
comparison tests featuring the
Fit.
Motor Trend called the
Fit "the right choice for the
enthusiast who wants a car
that handles twisties as well
as it does chores, saves gas,
and eases your budget."
To Road and Track, the
Fit was "the most fun to drive"
of comparable cars.


-it is Top-

Affordable Car


The Fit was also selected
as one of Car and Driver's 10
Best for 2008, as well as one of
Car and Driver's Top 10 Urban
Vehicles and Japan Car of the
Year. In 2007, the Fit received
Popular Mechanics' Automo-
tive Excellence Award.
The next-generation
2009 Honda Fit offers top-of-
class feature content including
one-motion, dive-down rear
seats; improved suspension,
steering and body rigidity;
and high levels of standard
safety equipment. The interior
provides surprisingly large
passenger and cargo space to
maximize comfort and utility.
"The goal is to provide
entry-level customers with
functionality and refine-
ment that's a class above,"
said a Honda spokesman.
"Buying a Fit is a choice, not
a compromise."


The Fit features a new
1.5-liter-VTEC!M 4-cylinder
engine designed to offer the
best balance of fuel economy
and power.
Dual-stage, dual-
threshold front airbags,
dual front-side airbags with
passenger-side Occupant
Position Detection System
and side-curtain airbags are
standard equipment on all Fit
models.
The Fit has a 5-star"
frontal-crash safety rating
from the US National Highway
Traffic Safety Administration.
This five-door hatchback
was introduced in 2001 and
is now one of Honda's global
models.
Comfort and quality are
combined with peppy perfor-
mance and unmatched versa-
tility for a car of its size.


Mercedes Bluetec Hybrid


The Mercedes-Benz Vision
concept SUV is a Bluetec
diesel hybrid that achieves
low fuel consumption while
meeting the strictest emis-
sions standards.
The car features a start-
stop function, which switches
the engine off when the car
is stopped at traffic lights.
Similar to other hybrids, the
electric motor acts as a gener-
ator under braking.
Mercedes is systemati-
callyequippiingits entire range
with BlueTec diesel engines -
the company built the world's
first diesel passenger car in
1936.


Over the years, diesel
engines have become cleaner
and more powerful while
retaining their reputation for
fuel economy.
BLUETEC is Mercedes'
latest technology for low
emission diesel power plants.
Currently more than half of
the Mercedes range features
a diesel engine under the
hood.
Although popular in
Europe, the market share for
diesel passenger cars in the
US is under 4 per cent, but is
expected to quadruple by the
year 2015.
Mercedes-Benz is convinced


that BLUETEC technology
will improve this forecast.
Clean diesel engines offer
fuel economy improvements
of some 20-30 per cent
over comparable gasoline
platforms.

GAS
SAVING
TIPS


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2008 Car m Iow


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nassau 242.328.7888 242.325.3151
freeport 242.352.5705 242.352.5118


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r .; "1 -1 '.e r ,-' -.,,v"-.,,^ -. '- ,


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IPage1619thANNAL NECAR


JD Power Initial

Quality Survey


The J.D. Power Initial Quality Study for 2007 sur-
veyed thousands of new model-year vehicle buyers
after 90 days of ownership.
Consumers were surveyed on problems with
their new vehicles, and results presented using a
problems-per-100 vehicles metric, often referred to
as "things gone wrong."
The study includes quality comparisons by man-


ufacturer, assembly plant, model, and platform.
Awards were given to the top-ranked models in 19 vehicle cat-
egories, as well. as to assembly plants that produce vehicles with
the fewest reported defects. Key findings of the 2007 study are:
Vehicle quality levels have remained stable since 2006, but new
product launches were problematic for many automakers. For ev-
ery new redesigned model that is introduced without quality con-
cerns, three others perform worse than their predecessors.
Modern technology integration remains a challenge for auto-
makers. Consumers want technology to be easier to use, the survey
showed.
Ford showed a dramatic quality improvement in the 2007 study,
particularly for its Land Rover and Lincoln divisions.
Land Rover was the most improved nameplate in 2007, and
Lincoln rose from 12th to 3rd overall industry ranking behind Lexus
and Porsche.
Mercedes-Benz also showed dramatic improvement in the
nameplate rankings. The Mercedes-Benz M-Class was one of the
study's most improved models year over year.


Kia Breaks All-


Time Sales Record


Kia Motors had a 3.5 per
cent increase in global sales
in 2007.
The company's best-
selling model for the second
consecutive yeai was the
Cerato.This was followed by
the Sportage compact SUV,
the Rio and the Pican+o.
Kia has seven top-sell-
ing models listed as "Best
Bets" in The Car Book a
consumer guide published
in co-operation with the US-
based Centre For Safety,
a leading auto advocacy
group.
The Car Book's "Best
Bets" are based on informa-
tion from government and
other sources that evaluate
consumer product safety
and performance.
"As we continue to
raise our brand profile, we
are proud to receive these
awards based on safety
features and performance
Miaiam...


characteristics in our vehi-
cles," said a spokesman for
Kia Motors.
KIA's philosophy is to
build high value, safe and
dynamic vehicles that evoke
the KIA tagline: "The Power
to Surprise".
A'l KIA vehicles carry a
5-Star Safety Rating given
by the US National Highway
Safety Association.


Kia is also the "Official
Automobile Partner of the'
NBA", a Sponsor of Davis
Cup Tennis, and the UEFA
EURO Football Cup.
From its humble begin-
nings as a maker of bicycle
parts in South Korea, Kia
Motors has emerged as a
driving force behind the
Korean auto industry. It was
the first Korean automaker


2009 COROLLA


Now in its 9th generation,
the 2009 Toyota Corolla is
the best-selling nameplate in
automotive history. With its
dynamic and advanced
design the Corolla continues
winning hearts and minds
around the world.

The Toyota Corolla
generates outstanding
power, minimises its
environmental impact, and
provides warm reassurance.


Features include:
1.6- or 1.8-litre 4-cylinder engine
Automatic transmission
Air conditioning
Power windows, locks and mirrors
Driver front airbag and
front passenger airbag
4-wheel anti-lock brake system (ABS)
Remote keyless entry
Anti-theft system with engine
immobililzer
AM/FM CD player


I E U1, IVET Auto Mall. Shirley SnLeet (opp, St.i MN.1cw'shurch)
E.XEC U TIVE 1 OpenMu to Fri Sim -5:30pm ..
M.OTORS ITD ,,O 397,700'
l l)-I) )nailt i 'iL\ > iUoi'ih,, i'biclic i hl)s '
AIUTiHORISED TOYOITA lDEAIER Parts and clr M 'ict guni ainteed c
Available in Grand Bahama at Quality Auto Sales (Freeport) Queens Hwy, 352-6122 Abaco Motor Mall, Don MacKay Blvd, 367-2916


1 TOYOTA
Backed by a 3-year/60,000 mile factory warranty.


I


-. I


-27 W. .- -i1 1^




















































































































































































Designed, written and edited h\ MRlt' II, ',.. I 1i :'\? I:' '1 0 1 ( miI inow ahlh amiinsmedia.com





IPg219hANAL : IA NWCRSPPLM EN WdnsdyMrc 2, 00


19th Annual BMDA New Car Show


Auto Dealers
Bahamas Bus & Truck
Executive Motors
Friendly Motors
N.,iu1ii Motor Company
Quality Auto Sales
Sanpin Motors
Tyreflex Star Motors

Banks
Bank of the Bahamas
Commonwealth Bank
FirstCaribbean International
Bank
RBC Royal Bank of Canada
Scotiabank

Insurance Brokers
Carib Insurance Agency
Colina General Insurance Agency
Confidence Insurance
J. S. Johnson & Co. Ltd.
Nassau Underwriters Agency
Royal Star Insurance

Show
The 19th Annual BMDA New
Car Show will feature the latest
sedans, hatchbacks, trucks, vans
and sport utilities from Toyota,
Honda, Ford, Hyundai, GM,
Nissan, Daihatsu, Suzuki, Dodge,
Kia, Jeep, Mercedes-Benz, Isuzu
and Subaru at one location.


Let RBC

put YOU

in the

driver's

seat!


Main Attractions
An impressive line-up of almost
70 vehicles from 14 of the world's
leading automakers. Plus the abil-
ity to make a deal and have your
car financed and insured on the
spot!

Giveaways
Some companies are offering
promotional prizes to persons
registering at their booth. No
purchase necessary.

Win $1,000
voucher from the
Tribune towards
your new car.
Original newspaper
entries must be in by
8pm on Friday, March
28 and placed in
marked entry bins.

Special Offers
Special show prices will be avail-
able on most models. Banks and
insurance companies are offering
special rates and concessions.

Sponsor
The Bahamas Motor Dealers
Association, which represents all
franchised auto dealers and asso-
ciated companies.


With a Royal Premier Car Loan
you can:
> Get a PRE-APPROVED loan and
shop for your car with ease
> Take advantage of special low rates
> Enjoy NO PAYMENTS for 60 days!

Come see us at the Bahamas
Motor Dealers' Association Car
Show, March 28 & 29 at the
Mall at Marathon.

*Purchase your new car by April
18 and enter to win $1,000 cash
back plus, more great prizes!
Visit your nearest RBC Royal Bank
of Canada branch for more details
today!


Iv


A


Tmy


^^^^^^^^^^^^^^^BH^ WWIf-
RBC > vliTn*~u*HELP






i A A


S


ANPIN


THOMPSON BI

SALES
PARTS
SERVICE
BODY
SHOP
RUST PROOFING


(242) 326.6377


R 0. BOX GT-2947
CABLE "SANPIN"
TEL/ FAX (242) 326-6315 (Office)
TEL/ FAX (242) 356-0362( Parts)
E- Mail:sanpl n(@hohtmall.com
E-Mail: sanpln@coralwave.com

~i6\\


NISSAN X-TRAIL T30/T31
MODELS
i~i~M~iD ^k-.


MOTOR


S


OLVD. OAKES iE-D OPPOSITE DAVIS ST.


NT--SA 11 -1 RI.
' "--" a -
*




NTSSAN B16 SENTRA


TIIDA 4 DOOR SEDAN


NISSAN MURANO


r.~ .~*


LTD.


Mechanic Shop
* Oil change and grease jobs
* Tune-ups
* Brake jobs
* Wheel alignment
* Wheel balancing
* Complete engine overhaul
* Valve jobs
* Clutch jobs
* Radiator jobs
* Automatic transmission
rtpairs
* Rond service
* Air condilioning Installation
and sewice
* Rustproofing
Parts Department
Mechanical and body
parts for Datsun vehicles
Tyres supplied and
mounted
Batteries
Air conditioning units
etc.
Body Shop
Min r. o major body and
pal in obs.



NISSAN B13 SENTRA


NISSAN FRONTIER


3.0L DIESEL URVAN 15 SEATER


NISSAN


NISSAN ALMERA 4 DRI SEDAN


Shift to


SANPIN MOT1() I ORS LTD.I)
THOMPSON B-'D OAKES F Et-L)
P ( 0 0 I A
e-wta I p 'p n-s, ;o lrs a t o
^ k ^1 sa t~p*fi.< 03o'.1*8a -, e O i'
TEL (242) 326-6377 326-0013-4
FAX (242) 326-6315 officee. FAX (242: 356-0362 (parts)
FAX (242) 323-8009 servicee,
NASSA& -DAMASA


LARGEST SELECTION OF
COMLiAERCAL VE HICL-S.
AT UBFATABLE PRICES.
SHC FFPS rICF O BUSES
"HARMONY BETWEEN
MAN AND CAR-


A-J


KIA SORF.N 'O
SUV 3.5 GAS 2 5 DIESEL
gi (KIA MOTORS

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K12700 II Line-Up (1) TON DIESEL





K2700 II DOUBLE CAB


KIA OPTIMA
SKIA MOTORS


KIoAC\ (ARhNS SF,-FAIER





KA OPIRUS 1 SE)DA N





KIA R:O 1 DOOR Sh)DAN


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KIA CERATO
4 DOOR SEDAN





Ia 49 ANNUAL ANE CARLW sdayMarch


IOI VD.oDA
The Power of Dreams


BMDA Show


Specials


Accord V6
Car Show Special $46,462
Variable cylinder management; power windows & mirrors;
A/C; 6-Disc CD changer; AM/FM radio; Telescopic steering
wheel with stereo & cruise controls; 17" alloy wheels; power
seats; chrome door handles; full size spare; MP3 auxiliary
input jack; driver, passenger, & side airbags, 2.4 litre 4cyl
engine; keyless entry, factory alarm & immobilizer.


Civic EX Sedan
Car Show Special $30,773
Driver, passenger & side airbags; A/C; power windows &
mirrors; Telescopic steering wheel with cruise & stereo
controls;single CD; AM/FM radio; full size spare tire; 16" alloy
wheels; 1.8litre 4Cyl engine; keyless entry, factory alarm &
Immobilizer.


Pilot EX
Car Show Special $52,991
Driver, passenger, & side airbags. A/C, power windows,
mirrors & sunroof; 4WD drive, 4x4 SUV; full size spare tire;
6-Disc CD changer AM/FM radio; stereo & cruise controls on
steering wheel; Keyless entry; factory alarm and Immobilizer;
Leather interior; 3.5litre 6cyl engine.


Odyssey EX
Car Show Special $51,889
Automatic sliding side doors; A/C, driver, passenger & side
curtain airbags; 6-Disc CD changer; AM/FM radio; stereo &
cruise control on steering wheel; keyless entry; factory alarm
& immobilizer; rear view camera; power windows, mirrors, &
sunroof; 3.51itre 6cyl engine, leather interior.


Fit LX
Car Show Special $22,373
Power windows & mirrors; driver airbag; alarm &
factory immobilizer; AM/FM radio; CD player; A/C,
1.4litre 4cyl engine.


CRV EX 4WD
Car Show Special $38,389
Driver, passenger & side airbags; power windows, mirrors &
sunroof; keyless entry; factory alarm & immobilizer; A/C; 6-Disc
CD changer; AM/FM radio; full size spare tire; real-time 4WD;
fog lights; stereo & cruise controls on the steering wheel;
telescopic steering wheel; 2.41itre 4cyl engine.


See you at the 19th Annual BMDA New Car Show on Friday the 28
and Saturday the 29 of March, 2008 at the Mall at Marathon.


/ --- j .---\ / ---s C ---- j


I1;Ta~P-







I -WdnsdyMach26.20819h:NNA L A : NEW AR UPEETPage-


Sonata

seen as

green

and lean
The American Council
for an Energy-Efficient
Economy has recognized
the Hyundai Sonata on its
"Greener Choices 2008" list
that features widely avail-
able gasoline-powered
cars and light trucks with
automatic transmissions.
The 2008 Hyundai
Sonata four-cylinder
model achieved a green
score of 39 out of 100 and
is certified as an Ultra Low
Emission Vehicle, deliver-
ing up to 30 mpg in high-
way driving.
The Council is a non-
profit, organization dedi-
cated to advancing energy
efficiency as a means of
promoting economic pros-
perity and environmental
protection.
Hyundai was founded
in 1947 as a construction
company, and eventually
became South Korea's
largest conglomerate.
It's automotive division,
Hyundai Motor Company,
is the world's 6th largest
automaker.


GAS
SAVING
TIPS



~. 6 -"


'07 Global Auto Sales


Despite higher oil prices
and global credit worries,
worldwide car sales will rise by
several percentage points this
year, experts say.
But they will shift from mature
markets like the United States and
Europe to emerging markets like China,
India, Russia and Latin America, where
demand is strong.
According to Global Insight, world
demand will grow by about 3 per cent
a year for the next four years. Most
of that growth will be concentrated in
emerging markets, and all automakers
will attempt to expand their global
footprint.
By 2012, automakers globally are
expected to produce 82 million vehicles,


16 million more than in 2006.The
two main industry drivers will be (a)
meeting fuel economy and emissions
standards, and (b) making cheaper cars
for emerging markets.
The top 10 manufacturers currently
account for most of the volume as
well as most of the growth, but they
will be increasingly challenged by new
players in countries
like China and India. Experts say t
Their focus will be great potent
on ultra low-cost China to bec
subcompacts. leading auto
Experts say there ding auto
is great potential for and exporter
China to become
a leading auto
producer and exporter as it learns to
improve product quality.
That is what happened with
Japanese and Korean automakers
following the Second World War.


In 1955, GM accounted for half of the
American auto market, at a time when
four out of every five cars in the world
were produced in the US.
Emerging from war-torn Japan,
Toyota was a small company that
produced only 23,000 cars, compared to
4 million made by GM in the US.
But last year, for the first time in


there is
ial for
ome a
producer


76 years, General Motors
forfeited the title of world
auto sales leader.Totals for
2007 showed the company
in a dead heat withToyota,
after holding the number-
one spot since 1931.
Both companies sold 9.37
million vehicles worldwide


last year, although GM is still the US
sales leader at roughly 23.8 per cent,
with sales of 3.8 million vehicles.


Suzuki makes more than cars


Suzuki began life as a
textile loom manufacturer
in 1909. After the Second
World War the company
branched off to make inex-
pensive, reliable transporta-
tion products.
It created a powered
bicycle in 1952, which
launched Suzuki's motor-
cycle business. A decade
later, the firm brought its
innovative, lightweight
motorcycle lineup to the
United States. And today,
Suzuki is one of the world's
"Big Four" motorcycle
makers.
In 1955 the company
unveiled its first mass
produced car the Suzu-


light. This vehicle featured
some radical innovations
for the time, including front
wheel drive, four-wheel
suspension and rack- and-
pinion steering. In 1985
Suzuki brought its auto-
mobile line to the United
States for the first time.
In 2000, Automo-
tive News named Suzuki
the fastest-growing Japa-
nese auto company in
America. In addition to its
popular line of SUVs like
the Samurai, Grand Vitara
and XL-7, Suzuki offers
the Verona and Forenza
sedans, the versatile Reno
and fully-loaded Forenza
wagons.


Today the Suzuki
Motor Corporation is a
multinational corpora-
tion that makes automo-
biles, a full range of motor-
cycles, and the all-terrain
vehicles it pioneered, It
also produces outboard
marine engines, wheel-
chairs and a variety of other
small internal combustion
engines.
Suzuki's five- door SX4
crossover and its sedan
counterpart, the all-new
four-door SX4 Sport, are
the company's latest sales
leaders.
Launched in late
2007, the SX4 has enjoyed
media acclaim thanks to


its appealing design and
standard features competi-
tive with compact sedans
costing thousands more.


HYUnflOI

2008 Sonatas


have ARRIVED!


The award-winning Hyundai Sonata features a
new engine, chassis and suspension as well as better
safety and up-rated quality throughout.
The Sonata features a fresh new European look with
cutting edge highlights. And there's a bigger interior
with upgraded seats and simplifed switchgear.
A patented new electronic suspension system to
improve cornering stability and ride quality.
ON-THE-SPOT FINANCING




\jji4


The Sonata has
won the J. D.
Power initial
quality award for
best entry-level,
mid-size sedan


eA


Price includes rustproofing, licensing and inspection to birthday, full tank of fuel,
24,000 miles/24 months warranty and emergency roadside assistance.



QUALITY YaE,
#1 AUTO DEALER IN THE BAHAMAS
EAST SHIRLEY STREET 322-3775 325-3079
Visit our showroom at Quality Auto Sales (Freeport) Ltd for similar deals, Queens Highway, 325-6122
or Abaco Motor Mall, Don MacKay Blvd, 367-2916


rsu


il.4a-W.

jf4-?;tatf


See us at the BMDA NEW CAR SHOW
Friday & Saturday, March 28 & 29
at the Mall at Marathon


wq '.
s ,f~sW j,






Page619thANNUALMNEWCARSPPLME


'08

Bahamas Bus
& Truck
Dodge Durango
Dodge Ram
Dodge Dakota
Dodge Calibre
Dodge Astro
Jeep Patriot
Jeep Grand
Cherokee
Jeep Liberty,
Jeep Commander
Jeep Compass

Executive
Motors
Toyota Corolla
Toyota Camry
Toyota Yaris
Toyota Hilux
Toyota 4Runner
Toyota Rav4
Toyota Land Cruiser
Prado
Toyota Avalon
Daihatsu Terios

Friendly Ford
Ford Focus
Ford Escape
Ford Explorer Ford
Ford Taurus Sedan
Ford Taurus X
Ford Everest
Ford Sport Trac
Ford Edge


Line-up!


Ford Fusion
Ford Hurricane
Ford High Rider

Nassau Motor
Company
Chevy Captiva
Chevy Tahoe
Chevy Optra
Chevy Colorado
Honda Accord V6
Honda Civic EX
Sedan
Honda Odyssey EX
Honda Pilot EX
Honda CRV EX 4WD
Honda Fit LX

Quality Auto
Sales
Hyundai Santa Fe
GLS
Hyundai Tucson GL
-Suzuki SX4 Sedan
Suzuki SX4
Hatchbback
Suzuki Grand Vitara
Suzuki Swift

Sanpin
Motors
KIA Cerato(Spectra)
Kia Carens (Rondo)
Kia Sorento
Kia Sportage


Nissan B16 Sentra
Nissan TIIDA
(Versa)
Nissan N16 Almera
(Sunny)
Nissan NEW X-Trail
Nissan Murano
Nissan Frontier
Pick-Up

Tyreflex Star
Motors
Mercedes-Benz
E-Class 350
Mercedes-Benz
C-Class 180
Mercedes-Benz
ML 350
Subaru Forester
Subaru Impreza
Subaru Legacy
Isuzu D-Max Truck
Crew Cab



SAVN |
GAS
SAVING
TIPS



9- I
.. 5 . .U


ON-THE-SPOT FINANCING- Q 7 damUWl r-
Price includes rustproofing, licensing and inspection to birthday, full tank of fuel,
24,000 miles/24 months warranty and emergency roadside assistance.


1.2'.n


@


#1 AUTO DEALER IN THE BAHAMAS
EAST SHIRLEY STREET 322-3775 325-3079
Visit our showroom at Quality Auto Sales (Freeport) Ltd for similar deals, Queens Hwy, 352-6122
or Abaco Motor Mall, Don MacKay Blvd, 367-2916


Daihatsu's Eco-

friendly Microcars


Daihatsu started life as a small
Japanese engine manufacturer in
1907. It began producing three-
wheel motorcycle trucks in 1930.
By the 1960s Daihatsu was
exporting cars. And in 1999 it
became a subsidiary of Toyota,
benefitting from a variety of tech-
nological spin-offs.
Today, Daihatsu is a global
company manufacturing a range
of eco-friendly microcars. One of its
most popular models is the Terios -
a very attractive budget 4x4 that is


a derivative of the more expensive
Toyota Rav4.
Daihatsu's latest concept car is
the OFC-1. It forecasts the future
design of an open sports car. It
features a glass top with liquid
crystal sunshade giving an open-air
feeling, regardless of the weather.
With five factories in Japan,
Daihatsu makes about a million
vehicles annually and exports to
over 140 countries. The local dealer
is Executive Motors, located at the
Auto Mall on Shirley Street.


Subaru's New Forester
Subaru has a reputation for high-quality, reliable vehicles that don't sacri-
fice performance for practicality.
The company is best known for its symmetrical All-Wheel Drive, and
other advanced technologies.
The AWD system constantly adjusts tor-que distribution to the wheels
for better handling in all conditions. Its inherent superiority has been proven
repeatedly in the competitive arena of the FIA World Rally Championship.
Subaru is the automobile manufacturing division of the Japanese con-
glomerate, Fuji Heavy Industries.
Fuji formed its Subaru automotive division in 1954. In the 1990s the
company moved away from commercial vehicles to concentrate on main-
stream passenger car models, starting with the Legacy and including the
SVX (1992), and the Impreza (1993).
Today, the Forester is Subaru's best-selling vehicle, and the all-new,
third generation model was launched early this year with a striking new
look, clever cabin refinements, enhanced efficiency and comfort.
It is more fuel efficient, offers exceptional safety
levels and has a comfortable yet practical cabin
that offers a flexible choice of seating and cargo GAS
configurations to suit family life. SAVING
All 2009 Foresters feature standard side-curtain TIPS
airbags with a rollover sensor, and a special stabil- a I -
ity and traction control system is standard on all R
models.
Forester has achiev-ed a five-star rating for oc- .
cupant protection in independent crashworthiness
testing.P r
_n th shad

W-4 ..


ALBURY's U Y

* * SUPPLY CO.


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P, ,t

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B11CKLE
LP..




M CiAMPION|
6 M


BUMIVPER
-.---il TO
THE AUTO PARTS'
SPECIALISTS


MULTI-PURPOSE
HOSE


TOOLS & EQUIPMENT
AUTO PAINT & SUPPLY


Can't Find The Right Part
We'll Get It In 48 Hours






124 MACKEY STREET SOUTH OF THE BRIDGE
PH: 393-0872, 393-8473, 393-3328, 393-8496
FAX: 393-7155 P.O. BOX N-7773

You'd be surprised at what you find at ALBURY'S
SERVING NASSAU AND THE BAHAMAS SINCE 1955


1






I WednesdayMarch26,200819thANNUAL A AR SUPPLEMENT


Honda Makes

Greenest

Vehicle

Four Honda models have earned recognition as the "greenest ve-
hicles of 2008" from the American Council for an Energy-Efficient
Economy.
The Civic GX natural gas car won the title of greenest vehicle
for the eighth consecutive year. It is the world's only natural gas
passenger car, and gets 39 miles for every gallon-equivalent of
natural gas at about 70 cents less than a gallon of gasoline in the
US.
But the Civic GX is available for retail sale to the public in
only two American states, NewYork and California. It's produced
mainly for fleet sales,
The other three Honda green cars are the gasoline-powered
Civic and Fit, and the Civic Hybrid, which is powered by a combi-
nation gasoline engine and electric motor.
To make its choice, the Council measured fuel economy,
health-related.pollution impacts and global warming emissions to
produce a green score. According to the report, the Civic GX, in-
troduced in 1998, is the cleanest internal combustion vehicle 90
per cent cleaner than the average gasoline-powered car.


2008 North

American

Auto Show
Over 700,000 people saw 58 new vehicles and 22 concept ve-
hicles unveiled at the 2008 North American International Auto
Show in Detroit recently.
The two-week event contributed half a million dollars to the Detroit
metro area. It was covered by thousands of journalists from 63 coun-
tries.
Kicking off the show's media events was the International Car of the
Year award, which went to the Honda Accord. The Truck of the Year
award went to the Chrysler Town & Country minivan. Both vehicles
were recently redesigned and are among the top sellers in their class.
To be eligible for the award, a vehicle must be a new model,
or a significant redesign. Attributes considered include: head-turning
ability, ergonomics, style, afford- "Attributes
ability, performance, practicality, Attributes
safety and dependability. Considered include:
A jury of 12 auto journalists head-turning
from a variety of automotive pub-
lications chooses the winners ability, ergonomics,
This year, the Detroit show's style, affordability,
vehicle debut list included the performance,
Chevy Impala 50th anniver- mance
sary edition, the Ford glass-roof practicality, safety
Mustang, the Genesis luxury se- and dependability."
dan from Hyundai, the Mercedes-
Benz carbon fibre roadster, the
Toyota Venza, the Kia Borrego and the redesigned Dodge Ram.
Concept cars included the Chrysler Ecovoyager fuel cell vehicle,
the Jeep Renegade hybrid, the Mitsubishi RA diesel coupe, the Nissan
Forum advanced minivan, the Honda CR-Z hybrid sports car, the Ford
Verve minicar and the Toyota A-BAT hybrid pickup.
Now in its 21st year as an international event, the North American
International Auto Show is among the most prestigious automotive
events in the world, and one of the largest media events in North
America.


Mi~ll 44i i~j&LfJ^ 722
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low 232-75







IPage819thANUAL BAN CAR8II:


Driver-pleasing


Upgrades in


the NEW FORD


EVEREST


"Whethei tiav-
elling in Nassau to
an important busi-
ness meeting, or
exploring the Family
Islands, the new Ford
Everest will get you
there safely and in
the lap of luxury,"
said a spokesman for
Friendly Ford, the local
dealership.
The new turbo
diesel engine give
more power, cleaner
emissions and better
fuel economy, Safety
features include larger
wheels, all-terrain tires


and an improved F
electronic
braking system
In addi-
Lion to side
airbags, the
Everest features l
advanced dual
stage driver and
passenger airbags for a
cocoon of safety in the
event of an accident.
And a uniquely
coded computer chip
is included on the igni-
tion key to ensure the
vehicle will not start
without the correct
key.
The 7-seater
Everest offers true
car-life comfort with
better seats, a new air-
conditioning system
featuring overhead


air vents, new easy-
to-read instrument
console and a fantastic
new audio system.
The luxurious
feel of quality mate-
rials, including factory
leather, is evident
throughout the new
Ford Everest, marking
it as a premium
product.


NEW FOCUS ON

SMALL CAR DESIGN


The redesigned 2008 Ford Focus
brings a bold new look and a high
level of driving enjoyment to the
small car segment.
The Focus comes as a four-door
sedan as well as a sporty two-door
coupe.
An influx ofyounger
buyers combined with
rising gas prices have
led to growing sales in
the subcompact market
- the world's largest
passenger vehicle
segment. And this
growth is expected to
continue.
"We know the formula for
success in the small car segment:
Affordability, quality and a fun to
drive, sporty personality," says Cisco
Codina, a Ford vice president. "These
are the priorities that drove the rede-
sign of the Focus for 2008."

COM!


The new interior design features
more flexible storage space in a
modern, contemporary cabin with .
sense of openness.
The 2008 Focus is powered by
a 2-liter, Duratec 20 dual-overhead-
cam, inline four-cylinder engine


delivering an estimated 136 hp.
An all-new air intake system,
cooling and exhaust system are
designed to improve the power-
train's smoothness, efficiency and
response.


Let Scotiabank put you in the driver's seat of your new car.

With flexible terms, attractive rates and low monthly payments, you can borrow with confidence and
enjoy smooth, efficient service along the way. Visit your nearest branch or call our Auto Finance
Specialist at 356-1615 today and ask about a Scotia Plan Loan.

You'll like the way it handles.


Scotislek


Life. Money. Balance both:
*Tradernakf, of The Bank of Nova Scotia.
Trademarks used under authorization and control of The Bank of Nova Scotia.
**On Selec Model,


Check out Scotiabank's Booth at the 2008 BMDA Car Show, March 28 & 29