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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.
BAHAMAS 'PUNCHING WELL ABOVE WEIGHT' IN SHIPPING
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas "punches well above its weight" in the global maritime industry, the Bahamas Maritime Authority's (BMA) chairman saying yesterday that through its involvement with the I
PM promises developers partnership on air access
Two government ministries will support Eleuthera resort developers to ensure there is sufficient air access to the island in accord with international standards, the Prime Minister has said.
AG GIVES TIMELINE ON INSOLVENCY REFORMS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AMENDMENTS to the Bahamas' insolvency regime are expected to be implemmented in a month's time, Attorney General John Delaney said yesterday, adding that the amendments will allow f
Accountants facing US state challenges
The Bahamas Institute of Chartered Accountants (BICA) is in talks with the American Institute of Certified Public Accountants (AISPA) to resolve challenges encountered by members in maintaining their US State Board memberships, its president said yesterday.
'LOT OF ABUSE' IN WELFARE SYSTEM
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas' social security system has been subjected to "a lot of abuse", the minister responsible has admitted, acknowledging that welfare assistance was not always being given t
$10m Port IPO oversubscribed before public sector advance
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE $10 million Arawak Cay Port Development (APD) initial public offering (IPO) was already oversubscribed prior to the Government offering an interest-free salary advance for civil
Industrial system frustrates unions
THERE is “no question” that the present industrial relations system is set up to frustrate the Bahamian trade union movement, as one leader renewed his call for a united labour front.
Swain warns: 'We can't continue at this same pace'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GREATER efforts need to be made in attracting new businesses to Grand Bahama and reducing the cost of doing business to help boost its ailing economy, the island's chamber of commer
Swain warns: 'We can't continue at this same pace'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GREATER efforts need to be made in attracting new businesses to Grand Bahama and reducing the cost of doing business to help boost its ailing economy, the island's chamber of commer
Bahamas could get marketplace again in 2013
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas could play host to the Caribbean Hotel and Tourism Association's (CHTA) Caribbean Marketplace summit again next year, the organisation's president, Josef Forstmayr told
Call for orderly behaviour during elections
POLITICIANS have renewed calls for civil and orderly behaviour during elections after a supporter spit at the wife of a party leader.
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
‘Much work’ ahead over business ease
The Bahamas has “a lot of work to do” before it sees a dramatic improvement in the ease of doing business, the Opposition’s finance spokesman said yesterday, adding: “There’s just too much government bureaucracy.”
Self-starter targeting more major projects
Self-starter targeting more major projects By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMAS Striping, a grant-winning company from the Ministry of Youth, Sports and Culture's Self-Starter Programme, is on its way to becom
Self-starter targeting more major projects
Self-starter targeting more major projects By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMAS Striping, a grant-winning company from the Ministry of Youth, Sports and Culture's Self-Starter Programme, is on its way to becom
Bahamian retailers hit by ‘showroom effect’
BAHAMIAN retailers yesterday said they have fallen victim to the “showroom effect” with consumers using them as ‘fitting rooms’ before purchasing online.
BAHAMAS ULTIMATELY 'RID' OF EXCHANGE CONTROLS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister has suggested that the Bahamas will eventually be "rid" of exchange controls via gradual liberalisation, although they have served this nation well during the
BAHAMAS ULTIMATELY 'RID' OF EXCHANGE CONTROLS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister has suggested that the Bahamas will eventually be "rid" of exchange controls via gradual liberalisation, although they have served this nation well during the
BAHAMAS ULTIMATELY 'RID' OF EXCHANGE CONTROLS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister has suggested that the Bahamas will eventually be "rid" of exchange controls via gradual liberalisation, although they have served this nation well during the