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AUTO PARTS FIRM EYES $1.2M FREEPORT MOVE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AN Abaco businessman yesterday revealed he plans to invest between $1-$1.2 million in expanding his auto parts business to Freeport, telling Tribune Business it would become the dis
AUTO PARTS FIRM EYES $1.2M FREEPORT MOVE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AN Abaco businessman yesterday revealed he plans to invest between $1-$1.2 million in expanding his auto parts business to Freeport, telling Tribune Business it would become the dis
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.
Fishermen: Gov't late on storm relief
Bahamian fishermen are hoping the Government will give further thought to their cry for fuel concessions, one representative telling this newspaper: “That would go a long way to helping the industry”.
Water Corp's threat to roads contractor
Water Corp's threat to roads contractor By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) had threatened to remove Jose Cartellones Construcciones Civiles Company (JCCC), the main contracto
‘Bleak’ Xmas start for many retailers
Bahamian retailers yesterday described early Christmas season sales as “slow” and “bleak”, but expressed optimism they will see a major pick-up over the next week.
Revisions to $1.8 billion I-group project a 'win-win'
Revisions to $1.8 billion I-group project a 'win-win' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net REVISIONS to the $1.8 billion Mayaguana-based I-Group project provide a "win-win" for all Minister of Tourism and Aviation Vi
DPM: Business Licence fee is ‘inherently unfair’
THE Government is examining how to adjust a Business Licence fee that the Deputy Prime Minister yesterday branded “inherently unfair” to firms with high turnover and low profit margins. K Peter Turnquest, who is also minister of finance, described as “misinformation” any suggestion that the Government has committed to the European Union (EU) that it will introduce a corporate tax or income tax.
Businesses monitor air cargo fall-out
Bahamian businesses are continuing to monitor the fall-out from new and increased Customs fines on the air cargo industry, which has prompted some carriers to threaten to withdraw from this market.
Gov't 'claws back' on Mayguana incentives
Gov't 'claws back' on Mayguana incentives By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government has not only recovered more than 50 per cent of Mayaguana real estate initially made available to the Boston-based I-Group
Activist slams Shell LNG deal as ‘regressive step’
A WELL-known environmentalist yesterday said the adoption of liquefied natural gas (LNG) as the Bahamas’ main power source is a “huge regressive step”, questioning why the Government was not aggressively pursuing solar energy.
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”.
Air cargo costs to rise ‘tremendously’
Bahamians were yesterday warned that the cost of imported air freight will increase “tremendously” as a result of the new Customs fees and fines set to be imposed on operators from today.
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