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VAT exemptions 'not in best interest of gov't or businesses'
EXEMPTIONS under the proposed Value Added Tax (VAT) systems would “not be in the best interest of the government or businesses” according to the head of the Retail Grocers Association, who argued that the potential to recover only 20-25 per cent of their inputs would eventually drive some retailers out of business.
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Financial sector boost via perpetuity 'honour'
The Bahamian financial services industry may obtain a competitive advantage from a recent precedent established by the Supreme Court, which proves the judiciary will “honour” the law enabling old trusts to continue ‘in perpetuity’.
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Jones and Liberty lose WNBA Finals opener
Grand Bahama native Jonquel Jones and the New York Liberty were handed a 17-point blowout loss in the Women’s National Basketball Association (WNBA) Finals opener.
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Jones scores 31 as Sun use big run to beat Liberty 85-64
UNCASVILLE, Conn. (AP) — Jonquel Jones scored 31 points on 12-of-16 shooting and grabbed 13 rebounds to help the Connecticut Sun beat the New York Liberty 85-64 on Saturday night.
Obit
Willis Ferguson
Homegoing service for the Late Willis Ferguson, age 92, a resident of James Street, Hillside Park Estates, will be held on Saturday 27th July 2019 at 10:00am at St. Matthew’s Anglican Church, East Shirley Street. Officiating will be Rev. Father …
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Work stopped at The Pointe
FORMER Deputy Prime Minister Brent Symonette yesterday called for the country’s executive leadership to resign after it was revealed that developers of the $250m The Pointe resort had overstepped approved works and were issued a stop order from the Ministry of Works.
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PM says VAT will be a ‘major success story’
PRIME Minister Perry Christie said yesterday he is “absolutely certain” value added tax (VAT) will be a “major success story for the people of the Bahamas.”
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Unions offer support to health plans
AS parliamentary debate on the highly anticipated National Health Insurance Bill started yesterday, several of the country’s foremost medical and trade unions claimed that they have committed themselves to a partnership that seeks to make the NHI vision a reality.
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Promotion Board president urges 30% stopover focus
The Bahamas Out Island Promotions Board president yesterday urged the nation to near-double the proportion of stopover visitors that make up its tourism base to 30 percent.
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Pipe maker to hire 90 for $1m plant build-out
A NEWLY-created PVC pipe manufacturer has pledged to hire more than 90 persons for the construction of its $1m Grand Bahama plant that is due to be completed by September 2024.
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$41m instant financing for Disaster Relief Fund
The Prime Minister yesterday said reform of the dormant bank accounts regime will immediately release $41.3m to help create a Bahamian Disaster Relief Fund.
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Restaurants 'can't survive' with 60% sales devastation
Restaurants will simply be unable to survive if the loss of 60 percent of their sales persists amid continuing COVID-19 restrictions, one operator told Tribune Business . Mario Cash, the Burger King franchise’s operations manager, told this newspape
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Accounting firm plans 25% staff ‘ramp up’
A Bahamian accounting firm is aiming to “ramp up” staffing levels through 25 per cent growth over the next year, as it eyes opportunities in the digital space.
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Oil explorer: 'All the tools we will need'
A Bahamas-based oil explorer yesterday said it now has “all the tools we need” to drill an exploratory well within the 2020 year-end target set by the government, its top executive said yesterday.Simon Potter, the Bahamas Petroleum Company’s (BPC) ch
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Roker has double double in 78-74 win over Panthers
CANADIAN colleges and universities continued with their second weekend of play out of the holiday break at both the U-Sports and Canadian Colleges Athletic Association levels.
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$5m solar power plant a step toward renewable goal
Grand Bahama Power Company’s $5m solar plant will be able to supply 850 homes and reduce carbon dioxide (CO2) emissions by 4,200 tons annually, it has been revealed.
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Warning to US visitors
POINTING to the steady rise in violent crime over the past two years, US State Department officials again warned American visitors to avoid “Over The Hill” areas after dark in its annual crime and safety report.
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Baha Mar: Morgans is 'still part of plans'
Exuma’s February Point project is aiming to hire a further 120-140 persons when construction work ramps up within the next two months, its owners yesterday telling Tribune Business the project was “moving a little faster than we anticipated”.
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UB, Giants NPBA division leaders
Division leaders in the New Providence Basketball Association maintained their leads with dominant wins Monday night to stake their claim as contenders early in the season.
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$200 fine over Indian hemp find
A MAN was fined $200 in a Magistrate’s Court yesterday for possession of dangerous drugs.
