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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.

75 JOBS FROM DOCTORS' $1M WESTERN MOVE

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DOCTORS Hospital plans to invest in excess of $1 million to re-open its Western Medical Plaza facility, its president telling Tribune Business yesterday that the move could ultimate

$83m Port's fee rises 'never seen' before

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The $83 million Nassau Container Port's new tariff structure has made the Bahamas' capital city "one of the more expensive ports in the Caribbean", a leading shipping company yester

$83m Port's fee rises 'never seen' before

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The $83 million Nassau Container Port's new tariff structure has made the Bahamas' capital city "one of the more expensive ports in the Caribbean", a leading shipping company yester

$83m Port's fee rises 'never seen' before

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The $83 million Nassau Container Port's new tariff structure has made the Bahamas' capital city "one of the more expensive ports in the Caribbean", a leading shipping company yester

$83m Port's fee rises 'never seen' before

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The $83 million Nassau Container Port's new tariff structure has made the Bahamas' capital city "one of the more expensive ports in the Caribbean", a leading shipping company yester

$83m Port's fee rises 'never seen' before

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The $83 million Nassau Container Port's new tariff structure has made the Bahamas' capital city "one of the more expensive ports in the Caribbean", a leading shipping company yester

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

BPC undertaking further studies to prepare to spud

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A BAHAMAS-BASED oil exploration company has spent almost $50 million on its oil exploration efforts here in the Bahamas thus far, its chief operating officer noting that while a rev

BPC undertaking further studies to prepare to spud

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A BAHAMAS-BASED oil exploration company has spent almost $50 million on its oil exploration efforts here in the Bahamas thus far, its chief operating officer noting that while a rev

BPC undertaking further studies to prepare to spud

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A BAHAMAS-BASED oil exploration company has spent almost $50 million on its oil exploration efforts here in the Bahamas thus far, its chief operating officer noting that while a rev

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.

QC tells the web shops: Form own credit union

A prominent QC has called on web shop gaming operators to establish their own credit union, as blasted the Canadian-owned banks’ refusal to accept the sector’s deposits as making “no sense whatsoever”.

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'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.

Shipping industry 'gone through hell'

Shipping industry 'gone through hell' By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE past three years have been "hell" for the shipping industry, to Arawak Port Development (APD) chief executive Mike Maura Jr said yesterday

Shipping industry 'gone through hell'

Shipping industry 'gone through hell' By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE past three years have been "hell" for the shipping industry, to Arawak Port Development (APD) chief executive Mike Maura Jr said yesterday

Shipping industry 'gone through hell'

Shipping industry 'gone through hell' By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE past three years have been "hell" for the shipping industry, to Arawak Port Development (APD) chief executive Mike Maura Jr said yesterday

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”.

Competition absence aids bad businesses

Competition absence aids bad businesses By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A LARGE number of Bahamian companies enjoy repeat business simply due to lack of competition, a Bahamas Development Bank (BDB) executive sa

Competition absence aids bad businesses

Competition absence aids bad businesses By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A LARGE number of Bahamian companies enjoy repeat business simply due to lack of competition, a Bahamas Development Bank (BDB) executive sa