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Market access, poaching threat to $70m exports

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas' $70 million per year spiny lobster (crawfish) exports are under pressure from market access and poaching issues, the Department of Marine Resources' director told Tribu

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

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.

VAT to raise health insurance payments $40-$100 per month

Bahamian workers could see their contributions to employer-sponsored health insurance plans increase by between $40 to $100 per month once premiums are subjected to Value-Added Tax (VAT) from July 1.

Mortgage Corp still stuck at 40% arrears

The Bahamas Mortgage Corporation’s (BMC) arrears ratio continues to hover around 40 per cent, its chairman said yesterday, despite it adding $49.7 million in new mortgages to its portfolio over the past four years.

INVESTMENTS TO BENEFIT ABACO

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net ABACO'S tourism sector should benefit immensely from investments in its airport and medical facilities, one local businessman believes, adding that the island's second home indust

INVESTMENTS TO BENEFIT ABACO

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net ABACO'S tourism sector should benefit immensely from investments in its airport and medical facilities, one local businessman believes, adding that the island's second home indust

INVESTMENTS TO BENEFIT ABACO

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net ABACO'S tourism sector should benefit immensely from investments in its airport and medical facilities, one local businessman believes, adding that the island's second home indust

INVESTMENTS TO BENEFIT ABACO

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net ABACO'S tourism sector should benefit immensely from investments in its airport and medical facilities, one local businessman believes, adding that the island's second home indust

INVESTMENTS TO BENEFIT ABACO

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net ABACO'S tourism sector should benefit immensely from investments in its airport and medical facilities, one local businessman believes, adding that the island's second home indust

Gov’t to tackle mail boat concerns ‘in earnest’

A CABINET minister yesterday said he has committed to a “sit down” with mail boat operators after Christmas to address “in earnest” industry concerns.

BAIN CALLS COMPUTER SCIENCE A 'VITAL DISCIPLINE'

FORENSIC accountant John Bain is calling for computer science to be added to the school curriculum, calling it a 'vital discipline'. Bain, the managing director of John S Bain Chartered Forensic and E-learning specialist, said: "The study of Computer Sci

BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has

BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has

BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has

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'Seven digit' Atlantisinvestment delayed bygaming reform wait

Atlantis’s top executive yesterday said its planned multi-million dollar, “seven digit” investment in private gaming rooms was being delayed by the wait for casino gaming reforms to be passed.

MSC deal to give Bahamian company ‘widest ever smile’

The Bahamian leaseholder of Ocean Cay will have “the biggest smiles ever” as a result of the deal that will see Mediterranean Shipping Company (MSC) take over the island for its $100 million cruise port.

FNM deputy queries quality of Baha Mar building materials

The Opposition’s deputy leader yesterday expressed concern over Baha Mar slamming China State Construction, the lead contractor for its $3.5 billion development, and questioned whether there were material quality issues as well.

Education reform first step in ‘skills gap’ fight

CURRICULUM reform in the school system should be the first step in tackling this nation’s ‘skills gap’, a veteran educator arguing that the education system must shift to a model that requires all students to meet a certain standard before they can obtain a high school diploma.