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Arbitration ‘key tool’ for economic benefit
Arbitration is an "important tool" that will improve The Bahamas' competitiveness, ease of doing business and slash the time and money incurred by companies in pursuing expensive court litigation, a Cabinet minister asserted yesterday.
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INSIGHT: Atlantis throwing its weight around over competitors
THE waters around Atlantis seem far from peaceful these days.
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WORLD VIEW: 1.5°C is upon us - are we prepared?
THE report on May 17, from the World Meteorological Organization, (WMO) that global temperatures are likely to surge to record levels in the next five years should have sent all Caribbean institutions, such as the CARICOM Secretariat, the Caribbean Development Bank, and the Caribbean Community Climate Change Centre, into overdrive to explore further ways in which the region could accelerate efforts to avert this calamity.
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Real estate faces greatest corporate tax burden rise
Real estate firms will experience the highest increase in their tax burden for each of the four corporate income tax options that the Government is proposing as replacements for the turnover-based Business Licence fees.
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Corporate tax plan 'dead on arrival' unless wider reform
The Government's corporate income tax consultation will be "dead on arrival" if it does not involve a "holistic" approach to comprehensive Bahamian tax reform, a prominent banker warned yesterday.
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Stay of proceedings ordered in Adrian Gibson trial
A STAY of proceedings has been ordered in the Adrian Gibson corruption trial pending the determination of an appeal hearing.
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Keep Freeport out of a 'political cess pool'
Major figures in last year's protest march to the Grand Bahama Port Authority (GBPA) have reiterated their opposition to its acquisition by the Government for fear Freeport will be dragged into "a political cess pool".
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Farquharson: ‘Not the first’ Atlantis probe
LABOUR Director Robert Farquharson insisted yesterday that his department’s investigation involving Atlantis is “nothing new”.
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Pintard slams PLP on tax - but govt says FNM signed up to it
THE Office of the Prime Minister and Free National Movement leader Michael Pintard traded volleys yesterday after the government released its green paper on corporate income tax options.
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PASTOR ON RAPE - PEOPLE DOES LIE: Rex Major says that some women would use claims to end marriage
AS Prime Minister Philip “Brave” Davis, cabinet ministers and other senior government officials looked on, a prominent pastor lamented efforts to criminalise marital rape during a national ecumenical church service yesterday, declaring: “People does lie!”
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US will warn over crime
My prediction has happened. Two American tourists in Exuma robbed of thousands of dollars, another State Department Advisory will happen warning American tourists of the crime in The Bahamas.
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Make-up of Davis and Billie Jean King teams complete
WITH their final trials held over the weekend at the National Tennis Center, the Bahamas Lawn Tennis Association completed the make-up of both the men’s Davis Cup and female Billie Jean King Fed Cup teams.
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Reloaded baseball champions crowned
AFTER hosting a successful Reloaded Baseball Invitational featuring teams from Nassau and the Family Islands in March, the programme held a team championship game for the Coach Pitch division this past Sunday at the Baillou Hills Sporting Complex.
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PM unveils lease-to-own Crown Land return plan
The Prime Minister has pledged to launch a lease-to-own initiative involving Crown Land to entice Cat Islanders to return home.
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Reinvesting 50% of corporate tax no GDP growth panacea
Reinvesting 50 percent of the revenues generated by a corporate income tax would lessen - but not eliminate - the negative economic impact of each of the four proposed implementation options, the Government is forecasting.
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Club Med: Over 75% of workforce returns
Club Med's general manager yesterday revealed that more than 75 percent of the resort's staff have returned to work at the property despite its near three-year shutdown due to COVID-19.
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Visitor 'leads' jump 40% for Family Islands duo
A senior tourism official says The Bahamas' digital marketing efforts have generated a 40 percent increase in visitor "leads" for Cat Island and San Salvador hotels this fiscal year.
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Little juice left
ActivTrades
Global stocks of orange juice have shrunk significantly, and raw material costs are rising. Consumers must be prepared for price increases for their most popular drink.
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'We’re 20 years late on corporate income tax, so we’re catching up' says expert
A TOP financial expert believes it is the time to have a discussion about corporate income taxes for companies in The Bahamas.
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AG: Govt working to reduce backlog of police-involved killing cases
ATTORNEY General Ryan Pinder said the government is working to reduce the backlog of police-involved killing cases by increasing staff capacity at the Coroner’s Court.
