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PM: ‘No time to rest on laurels’ over EU

THE Prime Minister yesterday said the Bahamas has “no time to rest on our laurels”, given the European Union’s (EU) concerns over the absence of corporate income taxation. Dr Hubert Minnis told the House of Assembly that the EU’s Code of Conduct group had written to the Government expressing concerns that this nation’s tax system did not comply with its ‘blacklisting’ criteria.

DNA adviser pushes for tax, exchange reforms

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas should move towards changing its tax structure and explore an alternative system to exchange control, a well-known doctor and financial executive said yesterday. Dr Jona

Airline '90% complete' on $4.5-$5M project

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net WESTERN Air chief executive, Rex Rolle, said yesterday that construction on the airline's new terminal and maintenance facility in Freeport is "about 90 per cent" complete, telling

BEC: 5,500 make payment deals

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SINCE the government launched its third Bahamas Electricity Corporation (BEC) reconnection programme in February 2012, 5,499 persons have made payment arrangements with the Corporat

'Some movement' on gas commission

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE MINISTER of state for the environment, Phenton Neymour, said there has been "some movement" towards creating a promised commission to look into whether the Bahamas' petroleum in

'Some movement' on gas commission

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE MINISTER of state for the environment, Phenton Neymour, said there has been "some movement" towards creating a promised commission to look into whether the Bahamas' petroleum in

BEC: 5,500 make payment deals

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SINCE the government launched its third Bahamas Electricity Corporation (BEC) reconnection programme in February 2012, 5,499 persons have made payment arrangements with the Corporat

Sandals proposes Bahamasair change

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has been in discussions with Bahamasair over the airline adjusting its flight schedule into Exuma to facilitate more arrivals, a move which could translate into millions of

Sandals proposes Bahamasair change

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has been in discussions with Bahamasair over the airline adjusting its flight schedule into Exuma to facilitate more arrivals, a move which could translate into millions of

Abaco’s airlift capacity up 9%

Abaco has attracted 47,000 stopover visitors year-to-date, a Ministry of Tourism official says, with the island’s airlift capacity for international arrivals increasing for the third straight year.

GOV'T TARGETS RENEWABLE ENERGY FUNDING GROWTH

THE Government is seeking to establish new funding mechanisms as it expands its renewable energy infrastructure, the Minister of State for the Environment said recently. Speaking at the official launch of the solar water heater and solar photovoltaic (PV

KFC's union cancellation historic first

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The minister of labour yesterday said Kentucky Fried Chicken's (Nassau) move to cancel its 'voluntary recognition' of a trade union's 'bargaining agent' status marked the first time