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Retailers target 'exciting' Xmas
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMIAN retailers told Tribune Business yesterday that they expect an 'exciting Christmas', with customer traffic expected to increase substantially in the coming days. The Christm
Retailers target 'exciting' Xmas
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMIAN retailers told Tribune Business yesterday that they expect an 'exciting Christmas', with customer traffic expected to increase substantially in the coming days. The Christm
Retailers target 'exciting' Xmas
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMIAN retailers told Tribune Business yesterday that they expect an 'exciting Christmas', with customer traffic expected to increase substantially in the coming days. The Christm
BAHAMAS EYES 15% Q1 GROUP TOURISM RISE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is set to experience a "robust" 2012 first quarter in the tourism sector, Vincent Vanderpool-Wallace said yesterday, attributing this to an expected 15 per cent uptick
BAHAMAS EYES 15% Q1 GROUP TOURISM RISE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is set to experience a "robust" 2012 first quarter in the tourism sector, Vincent Vanderpool-Wallace said yesterday, attributing this to an expected 15 per cent uptick
$20K SHIPMENT AIMS TO CRACK A TOUGH NUT
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Agricultural and Industrial Corporation (BAIC) has spent some $20,000 on a shipment of lethal yellowing-resistant coconuts in a bid to foster the industry, an executive
GOVT LIKELY TO SELL 40% PORT EQUITY STAKE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PRIME Minister Hubert Ingraham yesterday said he expects the Government to eventually sell its 40 per cent stake in Arawak Cay Port Development Company (APD), allowing the Nassau Co
Maritime marriage revenues beating forecasts by 20%
Maritime mariages on Bahamian-registered vessels have generated 20 per cent more revenue than projected for 2014 to-date, the Attorney General telling Tribune Business that this nation has been approached by all the major cruise lines over this venture.
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
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
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.
Retailers await ‘busy weekend’
BAHAMIAN retailers yesterday said sales have began to pick-up in the week prior to Christmas, amid anticipation of a “very busy weekend”. “The response to our retail Christmas offer has been outstanding. We are so thankful to our subscribers for their continued support of us, and we are looking forward to closing out the season with a bang,” Aliv’s chief business developer, Gravette Brown, told Tribune Business.
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
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”.