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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

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

Gas retailers fear oil price 'beating'

Gas retailers fear oil price 'beating' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMIAN petroleum retailers yesterday said they feared "a beating" from global oil prices that have surged back over $100 per barrel, due to

'Internal brain drain'costs Bahamas $3.5bn

The Bahamas is losing nearly $3.5 billion to the “internal brain drain” caused by low worker productivity, a well-known eye doctor yesterday arguing this was having a greater economic impact than the loss of 61 per cent of tertiary-educated Bahamians to jobs abroad.

SCRAP METAL REGULATIONS PUBLICATION TO COME SOON

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AMENDMENTS to the Customs Management Bill which are expected to provide for oversight of the scrap metal industry, are expected to be gazetted soon, the Minister the Environment tol

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.

Mortgage Relief: 16%of targeted borrowers qualify

Some 16 per cent of troubled borrowers targeted by the Government’s revised Mortgage Relief Plan have been enrolled in the scheme, a Cabinet Minister yesterday saying it had already been “more successful” than the first version.

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

'LOT OF ABUSE' IN WELFARE SYSTEM

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas' social security system has been subjected to "a lot of abuse", the minister responsible has admitted, acknowledging that welfare assistance was not always being given t

SCRAP METAL REGULATIONS PUBLICATION TO COME SOON

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AMENDMENTS to the Customs Management Bill which are expected to provide for oversight of the scrap metal industry, are expected to be gazetted soon, the Minister the Environment tol

Relays give Atlantis 4,700 nights boost

The IAAF World Relays generated 4,700 occupied room nights for Atlantis, a Cabinet Minister said yesterday, with the event attracting more than 1,400 visitors to the Bahamas.

Ex-Senator renews call for Bahamian industry ownership

Bahamians must have ownership of key economic sectors "from the top straight through the supply chain", a former FNM Senator is arguing, adding that this would protect the "haemorrhaging" foreign currency reserves.

BISX seeks embrace with crowdfunding

The Bahamas International Securities Exchange (BISX) is seeking to marry its Small Alternative Market (SAM) and regulated environment with the new crowdfunding phenomenon, its chief executive said yesterday.