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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.

‘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.

More than 200 eviction notices issued in Eleuthera shanty towns

THE Ministry of Works has issued over 200 eviction notices in Eleuthera shanty towns and hopes to post more this week.

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.

Man who stole lawnmower ordered to drug counselling

A MAN was ordered to demonstrate good behaviour for a year after he admitted to stealing $715 worth of property last month.

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.

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.

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.

Second sky dive provider now seeks CAAB permits

THE company behind the Grand Bahama sky diving demonstration is different from a separate entity that has voiced repeated frustrations over its inability to obtain the necessary licences.

Supreme Court to review student assault accusation

A TEACHER'S alleged assault on a six-year-old child at Adelaide Primary School and the Ministry of Education's attempt to transfer the girl to a different school may be the subject of a Supreme Court examination after a judge granted the parent leave to apply for judicial review.

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”.

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.

Newbold: God not done with me yet

DESPITE the injuries and some unrelated track issues that sidelined his glaring career, quarter-miler Stephen ‘Dirty’ Newbold admits that God is not finished with him yet.

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.

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."

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.

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.

Man accused of three murders

A MAN was remanded in custody yesterday for allegedly killing three people in New Providence last year.

Soaring into Grand Bahama’s future

THE Bahamas appears set to have its first licensed skydiving operation after a Grand Bahama company conducted a successful demo dive under the watchful eyes of the Civil Aviation Authority Bahamas (CAAB) yesterday.

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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