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Port's tariffs 'fair'
Port's tariffs 'fair' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE "net impact" of Arawak Port Development's (APD) new tariff structure is not "unreasonable" the company's chief executive said yesterday, telling Tribune B
Excise Tax snafu stymies start-up's 60 hires plan
A Bahamian-owned tobacco manufacturing start-up said yesterday it would pursue legal action as a “last resort” if it is unable to obtain an Excise Tax exemption on domestic sales, adding that its business model had been thrown “totally out of whack”.
WSC set to spend up to $1m on drainage and sewerage system for NP
WSC set to spend up to $1m on drainage and sewerage system for NP By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) will spend between $750,000 to $1 million on a master plan for New Provid
WSC set to spend up to $1m on drainage and sewerage system for NP
WSC set to spend up to $1m on drainage and sewerage system for NP By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) will spend between $750,000 to $1 million on a master plan for New Provid
KFC IN 'SURVIVAL' FIGHT ON STAFF COSTS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Kentucky Fried Chicken (KFC) Nassau yesterday warned its survival hinged on renegotiating a reduced wages and benefits package for its line staff, saying this was "more than double"
KFC IN 'SURVIVAL' FIGHT ON STAFF COSTS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Kentucky Fried Chicken (KFC) Nassau yesterday warned its survival hinged on renegotiating a reduced wages and benefits package for its line staff, saying this was "more than double"
Carrier adds fourth Saabs
Carrier adds fourth Saabs SILVER Airways continues to upgrade its fleet, having accepted delivery of its fourth Saab 340Bplus. The Fort Lauderdale-based carrier, which received US Federal Aviation Administration (FAA) approval to operate the Saab 340Bp
BAHAMAS AND CANADA TIEA 'WILL CEMENT RELATIONSHIP'
THE Tax Information Exchange Agreement (TIEA) between the Bahamas and Canada which came into force last week "will further cement the relationship between the two countries" it was stated yesterday. In a bulletin from the law firm of Higgs and Johnson it
BAHAMAS AND CANADA TIEA 'WILL CEMENT RELATIONSHIP'
THE Tax Information Exchange Agreement (TIEA) between the Bahamas and Canada which came into force last week "will further cement the relationship between the two countries" it was stated yesterday. In a bulletin from the law firm of Higgs and Johnson it
PM promises developers partnership on air access
Two government ministries will support Eleuthera resort developers to ensure there is sufficient air access to the island in accord with international standards, the Prime Minister has said.
Port IPO over $10m target
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Arawak Port Development (APD) initial public offering (IPO) has raised 'north' of the $10 million subscription target, Tribune Business was told yesterday, with interest reachin
Chamber chief: Tax reform within 10 years
Chamber chief: Tax reform within 10 years By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamian companies will have to improve their record-keeping and accounting procedures with a new tax structure set to be introduced withi
Chamber chief: Tax reform within 10 years
Chamber chief: Tax reform within 10 years By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamian companies will have to improve their record-keeping and accounting procedures with a new tax structure set to be introduced withi
Five-day course trains Bahamian mediators
TEN Bahamians were trained to international mediation standards following a five-day course conducted for the first time ever in the Bahamas by the London School of Mediation. The training course was held between February 6-10 at the British Colonial Hilt
Baha Mar: No gratuity deal in 10 months
Baha Mar yesterday said it had been forced to cease the normal 15 per cent gratuity payments at the Meliá Nassau Beach Resort, after 10 months of negotiations failed to reach an agreement with the Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) on a new arrangement.
$10-$12M PROJECT RESTARTS SALES AFTER YEAR-LONG HIATUS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BETWEEN $10-$12 million has been invested in the 281-lot South Seas subdivision to date, its developer said yesterday, telling Tribune Business that the project "didn't move as we a
Super Value chief in VAT ‘exclusive’ push
* Blames ‘inclusive’ switch for 10% sales fall * Plans to ‘go back at Gov’t’ over issue * ‘We don’t have to be contrary to world’
SUPER Value’s owner yesterday said will appeal to government for permission to revert to Value Added Tax (VAT) ‘exclusive’ pricing, blaming the switch for this year’s 10 per cent sales decline. Rupert Roberts, while likely reigniting the ‘inclusive’ versus ‘exclusive’ VAT pricing debate, told Tribune Business that Super Value’s 2017 top-line had seen a marked decline in comparison to the two years prior, during which time the food store chain had used VAT ‘exclusive’ pricing.
CITY MARKETS NAME 'SHOULD HAVE DIED'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE City Markets name was what ultimately caused the struggling supermarket chain to fail to recover, a rival food retailer believes, telling Tribune Business that the Finlayson fam
CITY MARKETS NAME 'SHOULD HAVE DIED'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE City Markets name was what ultimately caused the struggling supermarket chain to fail to recover, a rival food retailer believes, telling Tribune Business that the Finlayson fam
$10m Port IPO oversubscribed before public sector advance
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE $10 million Arawak Cay Port Development (APD) initial public offering (IPO) was already oversubscribed prior to the Government offering an interest-free salary advance for civil
