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Young liberals accuse govt over road project
Young liberals accuse govt over road project THE Progressive Young Liberals accused the government yesterday of mismanaging the New Providence Infrastructure Improvement Project, and said the additional money allotted to the scheme could have been used
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.
Straw vendors suffer losses
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors are estimating thousands of dollars in losses after an early Friday fire destroyed their stalls at the temporary facilities on Bay Street. The fire, which is believed
STRAW VENDORS SUFFER LOSSES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors are estimating thousands of dollars in losses after an early Friday fire destroyed their stalls at the temporary facilities on Bay Street. The fire, which is believed
STRAW VENDORS SUFFER LOSSES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors are estimating thousands of dollars in losses after an early Friday fire destroyed their stalls at the temporary facilities on Bay Street. The fire, which is believed
STRAW VENDORS SUFFER LOSSES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors are estimating thousands of dollars in losses after an early Friday fire destroyed their stalls at the temporary facilities on Bay Street. The fire, which is believed
STRAW VENDORS SUFFER LOSSES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors are estimating thousands of dollars in losses after an early Friday fire destroyed their stalls at the temporary facilities on Bay Street. The fire, which is believed
STRAW VENDORS SUFFER LOSSES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors are estimating thousands of dollars in losses after an early Friday fire destroyed their stalls at the temporary facilities on Bay Street. The fire, which is believed
Better links to 15% Out Island cruise rise goal
Better links to 15% Out Island cruise rise goal By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net WHILE CRUISE arrivals to the Family Islands grew by 15 per cent in 2011, the minister of tourism and aviation yesterday said he want
4% growth sees Out Island air visitors recover
4% growth sees Out Island air visitors recover By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net FAMILY Island air arrivals recovered to grow year-over-year by 4 per cent in December 2011, according to a report by the Ministry of
Road tax breaks 'too little, too late'
Road tax breaks 'too little, too late' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Many businesses adversely impacted by the New Providence Infrastructure Improvement Project (NPIIP) yesterday said the Government's pledge to
FORUM TO EXAMINE KEY FINANCIAL LAWS
Several pieces of financial services legislation passed at-end 2011 will be looked at in depth during an upcoming seminar enititled, The Bahamas Advantage: An Evolving and Dynamic Legislative Regime. The Bahamas Financial Services Board (BFSB) will partne
NASSAU HOTELS TO 'HOIST' ADR
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Nassau/Paradise hotel industry is aiming to "hoist" average daily room rates (ADRs) in 2012 to drive further room revenue increases, as nights sold and room revenue in December
60% FIRST PHASE SELL-OUT MARKS 'SERENE' PROGRESS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A MAJOR western New Providence real estate development has sold about 60 per cent of its 400 first phase lots, an executive telling Tribune Business yesterday that the sales pace h
BEC EYES 'BREAK EVEN' FOR 2011
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Electricity Corporation's (BEC) 2011 bottom line performance is expected to be closer to "break even" than original $5 million projections, due to Hurricane Irene, but w
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”.
DPM: Business Licence fee is ‘inherently unfair’
THE Government is examining how to adjust a Business Licence fee that the Deputy Prime Minister yesterday branded “inherently unfair” to firms with high turnover and low profit margins. K Peter Turnquest, who is also minister of finance, described as “misinformation” any suggestion that the Government has committed to the European Union (EU) that it will introduce a corporate tax or income tax.
NIB 1% RATE IS RISE PROPOSED
By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A recommendation to increase the National Insurance Board (NIB) contribution rate by one percentage point to 10.8 per cent has been lodged
NIB 1% rate is rise proposed
By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A recommendation to increase the National Insurance Board (NIB) contribution rate by one percentage point to 10.8 per cent has been lodged
Web shop gains 'stay' on closure
The only web shop operator to be denied a licence has obtained a stay of the Supreme Court decision that effectively paved the way for its closure two weeks ago.
