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Businesses are warned: Stop ‘lying’ on turnover
The Government’s tax collection chief yesterday voiced scepticism that fewer than 20 percent of businesses meet the VAT registration threshold, and demanded the private sector “be truthful”.
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‘All back to normal’ assures airport authority
THE chairman of the Airport Authority yesterday allayed fears of further flight delays in New Providence following delays at the airport last week and international reports of grounded flights in the United States due to computer outages.
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‘Sooner the better’ over BPL base rate increase
Bahamas Power & Light’s (BPL) chief executive yesterday warned the utility’s base tariff rate must ultimately increase to offset “diminished returns”, adding: “The sooner, the better.”
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Roots wants Junkanoo judging change
MEMBERS of The Roots have called for the “abolition” of Junkanoo’s “flawed” judging system, adding it is overdue to be changed.
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NPBA: Giants and DDL in win column
THE defending champions Discount Distributors Liquors and runners-up Commonwealth Bank Giants both pulled off victories over the weekend to highlight the men’s division one play in the New Providence Basketball Association.
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DIANE PHILLIPS: Thanks, Eric Carey, you took the elitism out of the Bahamas National Trust and made it ours
WHEN Eric Carey said a final formal farewell to the Bahamas National Trust at the end of December, he left an organization that belonged to the people.
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FTX’s Bahamian customers financed SBF’s $546m deal
FTX’s Bahamian subsidiary, and its customers/investors, were yesterday said to have unwittingly helped finance a $546m investment by Sam Bankman-Fried that has now been seized by US federal authorities.
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‘NPBA action is fantastic’
University of the Bahamas Mingoes open new year with big victories
WITH the return of the New Providence Basketball Association action at the AF Adderley Gymnasium, the University of the Bahamas Mingoes and the Rockets opened the new year with big victories.
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FRONT PORCH – Majority Rule: A shared celebration
THE LATE Roman Catholic Vicar General Monsignor Preston Moss grew up a stone’s throw away from the top of the hill East Street, not far from Mortimer Candy Kitchen.
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‘Settle down’ before tax crackdown tie-in
The Government should allow the corporate real estate market to “settle down” before seeking to tie Business Licence renewals to property tax compliance by commercial landlords, a prominent realtor argued yesterday.
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COVID non-factor: Winter tourism season up 10-15%
Forward bookings for The Bahamas’ peak winter tourism season are 10-15 percent ahead of 2022 numbers, a leading hotelier disclosed yesterday, with the industry “satisfied” there will be no return to past COVID restrictions.
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‘ALARM’ AT CHILD ABUSE STATISTICS: Advocacy group questions lack of public outrage
THERE were 240 new reported cases of child abuse, neglect and abandonment documented between January and October of last year, according to data released by the Ministry of Social Services.
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Towing fare increase could heighten risks
Automotive repair shops yesterday voiced concern that the 67 percent, or two-thirds increase, in standard towing fees could prompt Bahamians to take more risky measures to move broken down vehicles.
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McKay Jr and Saints on a roll
AFTER some good Bahamian cooked meals and some quality time with family and friends, Gregory McKay Jr returned to Limestone University and helped the Saints men’s basketball team to two straight victories.
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Platinum Knights march to GB victory
PLATINUM Knights captured its fifth consecutive win in the New Year’s Day Junkanoo Parade in Grand Bahama, dominating with a lead of more than 130 points ahead of rival Superstar Rockers.
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Gov’t pledges law change over its $233m borrowing
The Government has promised to change the law to facilitate its “use” of $233m in International Monetary Fund special drawing rights (SDRs) that have for the past 16 months boosted The Bahamas’ foreign reserves.
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Minister urges gas retailers not to rush to lay off staff
LABOUR Minister Keith Bell yesterday urged gas retailers to exercise restraint and “not to be swift to any sort of action” amid warnings about potential layoffs in the sector as costs rise.
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Towing prices up – but businesses say it stops job cuts
TOWING businesses said although the recent price rise in towing services may deter some customers, it ultimately benefits business by preventing downsizing of staff.
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Minister: No ‘sweeping lay-offs’ from minimum wage increase
A Cabinet minister yesterday voiced confidence “there won’t be sweeping lay-offs” as a result of the 24 percent minimum wage increase despite previous warnings by petroleum retailers that they ma be forced to terminate staff.
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Gas stations to ‘manage’ minimum wage increase
Petroleum retailers yesterday the minimum wage increase was something they “all have to manage” as they continue to push for a change to the industry’s fixed-margin business model.
