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Bahamas urged to ‘review’ corporate income tax merits

The Bahamas was yesterday urged to examine the benefits of implementing a ‘low rate’ corporate tax, and whether this would unlock potential “benefits” from double taxation agreements.

'Madness': 90% of loan requests are consumer

The Bahamas' consumer loan "madness" is making sustainable economic development impossible, as more than nine out of every 10 credit applications fall into this category.

Income-type tax ‘likely inevitable’, warns ex-minister

A FORMER financial services minister believes it is “probably inevitable” that the Bahamas will have to introduce some form of low-rate income tax, warning: “We’re not in the clear yet.”

Construction finds a regulatory home

By Simon Cooper Res Socius Some things are really strange. We have guarantees for just about everything these days, and that even includes a notice promising that some biscuits have never seen a nut before - unless, of course, the factory owner went craz

Construction finds a regulatory home

By Simon Cooper Res Socius Some things are really strange. We have guarantees for just about everything these days, and that even includes a notice promising that some biscuits have never seen a nut before - unless, of course, the factory owner went craz

Finlaysons eye JV partner for City Markets

By NEIL HARTNELL Tribune Business Editor The Finlayson family is seeking a joint venture partner that would acquire a majority equity stake in the City Markets supermarket chain from it, high-level sources have told Tribune Business, with talks being hel

NO 'OPEN DOORS' FOR $8BN-$10BN INDUSTRY

By NEIL HARTNELL Tribune Business Editor A potential $8-$10 billion industry lies beneath Bahamian waters if its development is handled correctly, a local archaeological salvage expert yesterday warning against an 'Open Doors' policy that would allow for

NO 'OPEN DOORS' FOR $8BN-$10BN INDUSTRY

By NEIL HARTNELL Tribune Business Editor A potential $8-$10 billion industry lies beneath Bahamian waters if its development is handled correctly, a local archaeological salvage expert yesterday warning against an 'Open Doors' policy that would allow for

FAILED BROKER IN '16 REGULATORY BREACHES'

By NEIL HARTNELL Tribune Business Editor The Securities Commission uncovered 16 alleged regulatory breaches during an on-site inspection of Caledonia Corporate Management less than one year before its $25 million collapse, Tribune Business can reveal, th

AML chair: three food retail players likely to survive

By NEIL HARTNELL Tribune Business Editor The Bahamian food retail market will ultimately be dominated by just three major players, AML Foods' chairman telling Tribune Business in the wake of Robin Hood's demise that consolidation was "inevitable". Dionis

RENEWABLE ENERGY 'AMAZING CHANCE' FOR DIVERSIFICATION

By NEIL HARTNELL Tribune Business Editor The Bahamas has an "incredible opportunity" to diversify its economy by becoming a renewable energy exporter, a leading Caribbean expert yesterday saying it could emulate Israel's 92 per cent penetration rate if i