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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
‘Great Bahamian story’ if Baha Mar opens quickly
The private sector remains “hopeful” that the Baha Mar development will open later this year, a Chamber executive said yesterday, adding that the $3.5 billion project will transform into a “great Bahamian story” if its current woes can be resolved quickly.
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
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.
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.
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”.
Gov’t to tackle mail boat concerns ‘in earnest’
A CABINET minister yesterday said he has committed to a “sit down” with mail boat operators after Christmas to address “in earnest” industry concerns.
BAIN CALLS COMPUTER SCIENCE A 'VITAL DISCIPLINE'
FORENSIC accountant John Bain is calling for computer science to be added to the school curriculum, calling it a 'vital discipline'. Bain, the managing director of John S Bain Chartered Forensic and E-learning specialist, said: "The study of Computer Sci
BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has
BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has
BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has
'Seven digit' Atlantisinvestment delayed bygaming reform wait
Atlantis’s top executive yesterday said its planned multi-million dollar, “seven digit” investment in private gaming rooms was being delayed by the wait for casino gaming reforms to be passed.
FNM deputy queries quality of Baha Mar building materials
The Opposition’s deputy leader yesterday expressed concern over Baha Mar slamming China State Construction, the lead contractor for its $3.5 billion development, and questioned whether there were material quality issues as well.
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.