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Anger over new business licence requirements for renewals
SOME small business owners expressed frustration over the new requirements affecting business licence renewals, describing them as “short notice”, “offensive”, “insensitive” and “cruel”.
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$250m resort developer: We want to be with ‘best of best’
The developer behind Grand Bahama’s $250m Six Senses project yesterday said he wants it to be viewed “at the top level of resort development in the world” with a construction start targeted for early 2024.
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Opposition ‘stunned’ at tripling of property tax
The Opposition yesterday said it was “stunned” by the Government’s forecast that property tax revenues will more than triple to $555m within four years, its leader saying: “I don’t see what the Prime Minister does.”
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Cheque end ‘solving non-existent problem’
A Bahamian businessman says the Central Bank and its licensees are seeking to “solve a problem that does not exist” with their drive to eliminate the use of cheques by year-end 2024.
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Goodman’s Bay property opens to $1.5m bookings
A NEWLY-opened Goodman’s Bay resort has more than $1.5m worth of confirmed bookings during its initial months, its developer revealed yesterday.
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Signing allows $150m Briland expansion
THE Davis administration signed an amended Heads of Agreement yesterday with developers behind the Briland Club Residences & Marina development that will allow for the expansion of the Harbour Island-based project, set to cost some $150m.
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Company responsible for Exuma Spill ‘will face penalties’ says AG
ATTORNEY General Ryan Pinder said yesterday the company responsible for last summer’s Exuma oil spill will face penalties.
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Marijuana laws nearly complete - but no date for Parliament yet
ATTORNEY General Ryan Pinder said legislation for marijuana legalisation is nearly completed however, he was unable to provide a timeline as to when it will be presented to Parliament.
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$64K NIB SALARY AS MUCH AS AUDITOR’S: IDB says ‘bloated’ cost structure highlighted by average income
National Insurance Board (NIB) employees enjoy an average $64,000 income that nearly matches the earnings of the Government’s top financial watchdog due to a bloated cost structure, a study has revealed.
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University of the Bahamas Mingoes Women’s Volleyball Team knocked out of the postseason
THE University of The Bahamas Mingoes women’s volleyball team was knocked out of the New Providence Volleyball Association postseason after dropping to the Lady Technicians in a play-in game Tuesday night at The Anatol Rodgers Gym.
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Insurers dismiss VAT Act ‘misinterpretation’
BAHAMIAN health insurers yesterday said “no one wants to pay an additional 36 percent on their medical insurance” from April 1, 2023, when consumers will have to bear the full VAT burden on claims payments.
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THE ED Armbrister Baseball League was officially opened on Saturday and will continue through April.
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STATESIDE: Church, State and votes
MARGARET and her friend Cecile were worrying about the latest coming of the polar vortex and how it would affect their desire to go shopping in Manhattan later this week. Enjoying a latte together in a suburban New York coffee house as they contemplated changing their plans, Cecile frowned.
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EDITORIAL: Captain Rolle offers insight into Haiti situation
THE diplomats who have returned safely from Haiti have seen the situation on the ground there first-hand.
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Bahamian diplomats return from Haiti ‘temporary’
PRIME Minister Philip Davis yesterday met with Bahamian diplomatic officers recently evacuated from Haiti, who expressed being “okay” despite an “abnormal” incident involving the country’s law enforcement.
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Davis administration has ‘thrown in the towel’ on illegal migration, Pintard says
AMIDST the upswing in illegal migrants seeking refuge in The Bahamas, Free National Movement leader Michael Pintard called on the Davis administration to do more to stem the flow.
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UPDATED: BPL’s hedge mishandling to cost Bahamians $150m
Bahamians have been burdened with a $150m bill due to the mishandling of Bahamas Power & Light’s (BPL) fuel hedging strategy, it was revealed yesterday.
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Gov’t revenues beat early goal by $50.6m
The Government’s top finance official yesterday said “close to $50m” in real property tax arrears has been collected during the 2022-2023 fiscal year’s first seven months as it seeks to crack down on tax and bill duckers.
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Corporate income tax paper before Q1 end
The Government is hoping to release a public consultation paper on possible corporate income tax reforms before the 2023 first quarter’s end, it was revealed yesterday.
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Bipartisan support as debate begins on new Nurses and Midwives bill
MEMBERS of Parliament yesterday began debating the Nurses and Midwives Bill (2022) which, once enacted, will repeal the Nurses and Midwives Act (1971) and expand the nursing and midwifery practice in the country.