#TheBahamas, June 1, 2022 – Less than one week after insurance companies asked the Insurance Commission to allow them to invest in U.S. funds, a leading businessman is calling for a lifting of similar restrictions on the consumer, declaring that Bahamians should be allowed to seek coverage from companies outside the jurisdiction. “The laws that […]
Bahamas Feeding Network announces Mario Carey appointed to board of directors
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Businessman Mario Carey calls FTX s landing in The Bahamas the holy grail of financial services ; compares FTX impact to Sol Kerzner s – Eye Witness News
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Mario Carey.
NASSAU, BAHAMAS Restrictive covenants imposed on vast chunks of undeveloped land decades ago are placing a chokehold on much-needed economic activity that could help The Bahamas pick up the slashed financial pieces left by the COVID pandemic and get back on track for true economic growth, said one of the country’s most successful businessmen.
Mario Carey, founder of Better Homes and Gardens MCR Bahamas, Mario Carey Realty and his most recent company, Mario Carey Ventures, said several newly proposed and long-pending projects on the drawing board are being hampered because of what he called “antiquated, outdated covenants” that prevent a wide range of uses for large parcels of property.