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Small businesses loss of business is blamed on VAT on charter yachts
BAHAMIAN small businesses servicing the charter yacht industry are hoping the government will reconsider last year’s imposition of Value Added Tax, which they say is driving international vessels away from Bahamian marinas and causing harm to their livelihoods.
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Knights, Dragons take home hardware
THE Samuel P Haven Jr National High School Soccer Championships commenced from May 19-27 to see which school would take home the championship hardware after more than one week of soccer action.
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Bahamas Lawn Tennis Association hosts 2-day umpire training course
THE Bahamas Lawn Tennis Association (BLTA) hosted a two-day umpire training course at the National Tennis Centre this past weekend.
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Engineer says 2023 'hottest' year for construction projects
The Bahamas Society of Engineers (BSE) president says 2023 is the “hottest” year for construction-related development that he has seen in a long time as there are “projects all around".
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Cruise port leases Kelly's dock for ground transport
Nassau Cruise Port's (NCP) chief executive says the new taxi call-up system will have a dedicated sales desk and better organisation for visitors seeking transportation following Friday's opening.
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Taxis back cruise port’s new system
The Nassau Cruise Port's (NCP) new taxi call-up system has been branded as “smooth”, with a union president voicing optimism that it will end hustling and 'hacking' for fares by drivers.
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Union officials want govt to end contractual work of employment
NATIONAL Congress of Trade Unions Bahamas (NCTUB) officials have called on the government to put an end to contractual work of employment, adding workers hired on a contract are being stripped of basic employment benefits.
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DIANE PHILLIPS: Bahamas’ biggest export – Bahamians
Brain drain growing, 56,000+ Bahamians living in US and more being lured
AT a press conference this week announcing a $250,000 tourism leadership scholarship provided by the Nassau Paradise Island Promotion Board and managed by the Lyford Cay Foundations, there was a seismic shift in the tone.
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Downtown needs improvement as ‘historic city has been rotting in front of us’ Maura says
NASSAU Cruise Port CEO Mike Maura said when the port opens, officials will meet members of the Downtown Nassau Partnership to determine how to beautify Downtown with an $8m investment.
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National Trade Policy looks to diversify the Bahamian economy
THE Ministry of Economic Affairs launched the country’s national trade policy yesterday, with Minister Michael Halkitis hailing the document as an important component of the government’s plans to diversify the Bahamian economy.
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Insurers 'over reacting' on 50% investment 'minimum'
The Ministry of Finance's top official yesterday said insurers are "over reacting" to the consultation on holding a "minimum" 50 percent of their investments in government securities as he refuted fears it is "desperate for funds".
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$6m 'breathing room' no long-term gas solution
Bahamian petroleum dealers yesterday argued that '"a short-term injection doesn't alleviate the problem" of fixed margins after a Cabinet minister disclosed the Government provided $6m in "relief" to the industry last year.
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Gov't is 'upping efforts' on $461m tax arrears
A Cabinet minister yesterday asserted that the Government is "upping our efforts" to collect a combined $461m in outstanding real property taxes owed by delinquent foreigners and businesses.
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Joining WTO is not a Bahamas priority
A Cabinet minister yesterday reaffirmed that becoming a full World Trade Organisation (WTO) member is not a priority for The Bahamas at present although such a move is "not off the table."
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Bahamas Striping working to improve Eleuthera and Long Island roads
BAHAMAS Striping Group of Companies (BSGC) general manager Melanie Roach said the company is working to improve roads on Eleuthera and Long Island.
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Judge: 'Now clear' Baha Mar sabotaged by CCA
Sarkis Izmirlian yesterday secured a major legal victory after a New York judge ruled "it is now clear" that China Construction America (CCA) sabotaged Baha Mar's completion and orchestrated the developer's removal.
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Trade Policy aims to break export barriers
A Cabinet minister yesterday asserted that the newly-launched National Trade Policy will play a key role in helping to diversify the Bahamian economy through the creative industries plus sectors such as agriculture and fisheries.
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IAN FERGUSON: Broaden your horizons with conference travel
Post-COVID businesses are understanding now, more than ever, the power and impact of the shrinking corporate village.
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'Significant regulatory reform' need on corporate income tax
The Attorney General yesterday acknowledged that corporate income tax is a "novel approach" for The Bahamas and will require "significant regulatory reform" to implement if adopted.
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STATESIDE: Could Republican’s Tim Scott be the party’s next Ronald Reagan?
THE Democratic party in the US has in recent years become the subject of much criticism for presuming the perpetual support of black communities. To many observers in America, the Democrats have overlooked changes in the African-American demographic that could presage some surprising electoral results down the road.
