Vehicle importers pocketed client Excise Tax payments
CUSTOMS top official yesterday revealed that unscrupulous importers pocketed monies provided by clients to pay Excise Tax on imported vehicles in a scheme that abused Dorian-related tax breaks.
Western air suspends flights to Cat Island
A MAJOR Bahamian airline has suspended flights to Cat Island’s New Bight airport due to the “hazardous state” of a runway that has previously damaged aircraft and prevented yesterday’s scheduled take-off.
Major retailer hits at armed officer ‘intimidation tactics’
A MAJOR Bahamian retailer yesterday accused government agents of employing “intimidation tactics” by sending heavily-armed officers into its main store as part of a tax compliance check-up.
PM’s office ‘addressing’ conflict on seized boat
THE Prime Minister’s Office has pledged it is “actively addressing” accusations of conflicts of interest and other irregularities involving a confiscated vessel that was forfeited to the Government.
‘it’s about time casinos and web shops pay same taxes’
ISLAND Luck’s co-founder yesterday called for hotel- based casinos to “pay their fair share” and an end to the rate disparity that sees web shops paying two-thirds of the gaming sector’s total tax contribution.
Pintard calls on govt to respond to gas retailers
Opposition leader Michael Pintard said yesterday the Davis administration should make a "determination" on the proposal for a margin increase on fuel prices and end the 30-month impasse.
Exports 'steady' despite 44% drop, insists Griffin
Senator Barry Griffin, deputy chairman of the National Trade Committee, maintained yesterday the export of Bahamian goods remain “steady” amid reports that exports declined by 44 percent in the first quarter of the year.
Extra renovations for Junkanoo Beach
Senator Randy Rolle, who is spearheading the government’s Downtown Revitalisation Project said during his Senate contribution yesterday the renovations to Junkanoo Beach will include regular landscaping and maintenance service as well as improved waste management to ensure the area remains attractive for visitors.
Price comparison portal for breadbasket items to launch
Senator Barry Griffin, deputy chairman of the National Trade Committee revealed yesterday a price comparison portal will be launched by the end of July, allowing consumers to compare the cost of breadbasket items among retailers.
Senator: Verified tourism programme a ‘game-changer’
Senator Randy Rolle, who spearheads the downtown revitalisation efforts, said the verified vendor identification cards which will be issued next month to approved vendors will help set a "new standard" in the quality and safety of the country’s leading industry.
Upgrades on way for markets, says minister
UPGRADES to market sites are on the government agenda, including further improvements to Arawak Cay and Potter's Cay, according to Minister of Agriculture and Marine Resources Jomo Campbell.
Big data analytics: Driving informed business decision-making
In today’s fast-paced, digitally-driven world, businesses are inundated with an overwhelming amount of data.
Shutdown possible warn gas retailers
GAS retailers are considering a shutdown after being disappointed that there was no margin increase included in the 2024/25 Budget.
Monthly bills for WSC as smart meters introduced
THE Water and Sewerage Corporation (WSC) is to switch to monthly billing with the introduction of smart meters, it was announced during the Budget debate.
Benchmark avoids qualified audit opinion for third year
A BISX-listed company’s top executive yesterday voiced delight it had avoided a “qualified opinion” on its annual financial results for a third consecutive year, saying: “Nobody wants that.”
