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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.

CITY MARKETS CHIEF HOPING DEAL 'IMMINENT'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net and NEIL HARTNELL Tribune Business Editor CITY Markets' principal believes the acquisition of the struggling five-store supermarket chain by Super Value's owner and president, Rupe

CITY MARKETS CHIEF HOPING DEAL 'IMMINENT'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net and NEIL HARTNELL Tribune Business Editor CITY Markets' principal believes the acquisition of the struggling five-store supermarket chain by Super Value's owner and president, Rupe

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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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