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‘Ship has sailed’ over Bahamas 15% revisit

THE Bahamian financial services industry’s call to “revisit” the 15 percent minimum global corporate tax is too late because “that ship that has sailed”, a prominent local banker warned yesterday.

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‘Crack down on real’ maritime tax evaders

THE Government was yesterday urged to “crack down on the real tax evaders” in the maritime industry as opposed to continually hiking fees on the same compliant businesses that always pay.

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Act amendment mandates boat insurance

AMENDMENTS to the Boat Registration Act that passed the House of Assembly yesterday mandates that boat owners have a comprehensive insurance policy and outlines inspection requirements and registration fees.

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Financial group chair to gain trailblazer award

A BAHAMIAN financial institution’s chairman is set to receive the Trailblazer Award at today’s Society of Trust and Estate Practitioners (STEP) Bahamas conference.

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Opposition urges air fees ‘legal challenge’

THE Opposition’s leader last night argued that the fees imposed by the air freight terminal’s new private operator should be “challenged legally” as he questioned the Prime Minister’s silence on the issue.

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No ‘monopoly pricing’ through $25m air freight terminal deal

THE Government will not permit “monopoly pricing” by the private operator of Nassau’s air freight terminal, its top finance official asserted last night, as he pledged to make the deal a “win-win-win” for all.

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URCA independence fear over director terminations

CABLE Bahamas is urging the Government to reform the law so as to preserve the Utilities Regulation and Competition Authority’s (URCA) independence and reduce its costs.

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PM is well suited for finance role

IT WAS written by the revered Chinese sage and philosopher, Confucius in 500 BC that “the ruler of a country of a thousand chariots must give diligent attention to business; he must be sincere; he must be economical; he must love his people; and he must provide employment for his people at the proper seasons”.

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Two men charged with armed robbery of a man in his home

TWO men were remanded in custody after they were accused of stealing $500 from a man during an armed home invasion in Fox Hill earlier this month.

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Genesis triumph at BSAA annual meet

THE Bahamas Scholastic Athletic Association completed its annual track and field meet on Friday at the original Thomas A Robinson Track and Field Stadium with Genesis Academy emerging as this year’s champions.

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Nassau Gas chief pledges to fully refund all investors

A Bahamian company that raised equity capital through the collapsed ArawakX platform has pledged to return all funds to investors once they are verified, its principal saying: "I want to get out of this mess."

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Bahamas financial services: 'Revisit' 15% minimum tax

The Bahamian financial services industry is calling for the 15 percent minimum global corporate income tax to be "revisited" as it violates the sovereign right of nations to set their own tax systems and rates.

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Property tax pace 20% up amid ‘over aggressive’ fear

Real property tax collections are pacing 20 percent ahead of the previous record year, the Government’s top finance official disclosed yesterday, as he predicted it will be “very close” to its full-year deficit target.

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The Bahamas stuns Panama in 6-5 win

AFTER losing their first two games, the Bahamas team stunned sixth ranked Panama in a dramatic come-from-behind victory on Monday at the World Baseball Softball Confederation Under-15 Championships in Boca Chica, Dominican Republic.

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Get set for the summer

THE International Game Fish Association (IGFA) Kids Fishing Camp programme will be held this summer.

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Carifta games Kenny Moxey Jr opts for just the octathlon, leaves out pole vault

KENNY Moxey, Jr, is one of the few athletes who qualified for more than one event at the 51st CARIFTA Games that will be held in Georgetown, Grenada, over the Easter holiday weekend.