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State minister says public services union ‘ungrateful’
STATE Public Service Minister Pia Glover-Rolle has branded recent comments from the Bahamas Public Services Union as “ungrateful”, while denying claims the government is stalling on labour issues.
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Don’t allow COVID apathy to ‘strangle economic rebound’
A top hotelier yesterday warned The Bahamas “must not allow apathy” to undermine the COVID fight, while admitting the surge in cases will make the Government “more tentative” over the further restriction easing sought by tourism.
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‘Buy good real estate but a cheap vehicle’
Suggestions that today’s Budget will seek to “promote home ownership” and green energy yesterday generated calls for an attitude overhaul and a variety of tax reforms from participants in both sectors.
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Bahamas ‘can’t be complacent’ on 15% corporate tax push back
The Bahamas “cannot be complacent” despite yesterday being granted more time to determine its approach to the G-7/OECD-led push for a minimum 15 percent global corporate income tax rate.
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FNM and unions unite on $4m ‘overpayment’
A Cabinet minister’s assertion that the Government’s finance officers awarded themselves a $4m pay rise without any Cabinet or other approvals yesterday united the FNM and trade unions in opposition.
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FNM chairman calls for answers over alleged incident between govt official and police officer
FREE National Movement chairman Dr Duane Sands has called for answers regarding an alleged incident that took place between a government official and a police officer over the weekend.
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CDC raises COVID risk rating to level three
TOURISM, Investments and Aviation Minister Chester Cooper said he doesn’t expect the nation’s tourism product to be seriously affected after the US Centres for Disease Control and Prevention raised the country’s COVID-19 travel risk rating to level three due to increasing virus cases.
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‘Hardship’ threat over VAT medical bill move
The Government is threatening to cause “additional hardship” for thousands of Bahamians who enjoy private medical insurance through VAT-related reforms that will increase medical bills and treatment costs.
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BUDGET: Halkitis hints at homeowner help
SOME relief to the public and incentives to promote homeownership will be some of the features of the Davis administration’s first full budget presentation today, according to Economic Affairs Minister Michael Halkitis.
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HUBERT EDWARDS: Today’s Budget for a better tomorrow
We previously considered The Bahamas’ debt sustainability, and looked at the challenges faced from a Caribbean context.
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NIB to boost prosecution of delinquent employers
A Cabinet minister yesterday said the National Insurance Board (NIB) plans to prosecute more delinquent employers, and recover all contribution income due to it, amid projections that its $1.6bn reserve fund will be exhausted by 2028.
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‘No difficulties’ with South Ocean area casino licence
The deputy prime minster yesterday said a casino licence for the South Ocean area will have “no difficulties” in receiving approval from the Gaming Board (GB).
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EDITORIAL: Pay attention to details on Budget day
TODAY is a landmark day for the Davis administration – its first full Budget presentation.
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Man who attacked and threatened to kill his ex-girlfriend fined $850
A MAN was fined $850 in a Magistrate’s Court yesterday for assaulting his former girlfriend who he accused of having an affair with his brother.
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Bahamas urged: ‘Go back into the tourism business’
A prominent architect is arguing that The Bahamas must “go back into the tourism business for itself” to reverse the “dramatic drop” in its competitiveness versus faster-growing rival Caribbean destinations.
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Abaco Chamber chief: ‘We’re in a scary time’
Abaco’s Chamber of Commerce president yesterday said The Bahamas and whole world are entering “a pretty scary time”, adding that the island was “just waiting for the other shoe to drop” when it came to further price hikes.
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Accountant ‘surprised’ if any Budget tax hike
A Bahamian accountant yesterday said he would “definitely be surprised” if the Government introduced new and/or increased taxes in tomorrow’s Budget given that it would only worsen the cost of living crisis for vulnerable Bahamians.
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BISX-listed Fund eyes restart for dividends after 15-year gap
The BISX-listed Bahamas Property Fund’s Board will within the next month receive a recommendation to resume investor dividend payments after a 15-year hiatus following completion of its $8m preference share financing.
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‘No count’ on late disclosures
THERE has been a considerable increase in the number of officials who have filed their financial records, according to Public Disclosure Commission chairman Bishop Victor Cooper.