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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

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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”.

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

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'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.

Union 'not sitting idle' over Atlantis

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) is closely monitoring the Atlantis ownership situation, and is prepared to take legal action if necessary, its executiv

KFC: Union on 'amber alert'

KFC: Union on 'amber alert' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Kentucky Fried Chicken (Nassau) employees are "adamant" that they are not prepared to take a reduction in their wages or benefits, a Bahamas Hotel, Cat

KFC: Union on 'amber alert'

KFC: Union on 'amber alert' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Kentucky Fried Chicken (Nassau) employees are "adamant" that they are not prepared to take a reduction in their wages or benefits, a Bahamas Hotel, Cat

KFC: Union on 'amber alert'

KFC: Union on 'amber alert' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Kentucky Fried Chicken (Nassau) employees are "adamant" that they are not prepared to take a reduction in their wages or benefits, a Bahamas Hotel, Cat

Hutchison ‘streamlines’ Freeport investments

The sales process for the 409-acre Grand Lucayan property on Grand Bahama is “still ongoing”, Prime Minister Perry Christie said yesterday.

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.