"P %EC%84%A0%EB%B6%88%ED%8F%B0%ED%8C%85%E3%80%8A%E0%B4%A05%E0%B4%A04%2B%E0%B4%A0965%2B%E0%B4%A0965%E3%80%8B %EA%B4%91%EC%A3%BC%ED%8F%B0%ED%8C%85 %EA%B4%91%EC%A3%BC%EB%B2%88%EA%B0%9C%E3%85%A1%EA%B4%91%EC%A3%BC%EA%B2%B0%ED%98%BC%E3%8F%B3%EC%9C%A0%EB%B6%80%ED%8F%B0%ED%8C%85%EB%B0%A9 %E3%82%8D%E3%BB%96 mismanagement" | Search

Pinder: Sue for $13m over ‘Bahamas papers’

A former financial services minister yesterday suggested that this nation sue to recover the $13 million in Companies Registry search fees owed by the international journalists’ group responsible for the ‘Bahamas papers leak’.

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.

Economist backs spending cuts to end ‘major wastage’

A University of the Bahamas economist yesterday backed government spending cuts on the grounds there has been “a great deal of wastage”. Rupert Pinder, addressing a Rotary Club of West Nassau luncheon, said: “We cannot overemphasise the importance of economic growth. You can cut spending until the cows come home, but what is really going to put this economy on a strong footing is growth. I am a proponent for cuts in public spending because I think there has been a great deal of wastage.

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.

Chamber chief urges holiday crime ‘vigilance’

THE Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chief executive yesterday urged businesses and consumers to be “vigilant” and “take every precaution” to avoid becoming victims of crime this Christmas season. Edison Sumner expressed concern over the “startling” increase in cyber crime and credit card fraud.

Cotton Bay developer: ‘Open up’ work permits

Prime Minister Perry Christie yesterday said the developers behind the proposed Four Seasons resort project at Cotton Bay had asked the Government to “open up on work permits”, so the development could maintain the brand’s standards.

Unions: Employers leaving us with no choice but strike

A union leader yesterday said employers are ignoring the legally-stipulated 45-day period in which to begin negotiations, leaving organised labour with no choice but to resort to industrial action.

Employers identify dozens of new hires

THE Director of Labour yesterday hailed the success of his department’s latest job fair, with major New Providence employers having identified dozens of potential hires.

REGULATIONS DELAY KEY MEDICAL BILL

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net HEALTH care providers yesterday said they were still awaiting word on when the proposed Medical Care Improvements Bill would be implemented, the minister responsible for the sector