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Bahamians warned: Brace for post-VAT delinquency cut-off
Bahamians must get used to companies increasingly cutting them off for non-payment due to Value-Added Tax’s (VAT) cash flow impact, a well-known businessman warned yesterday.
Freeport: Further uncertainty over VAT TIN demand
Fears are mounting that Freeport’s commercial environment is being further stifled by a new Customs edict that all Grand Bahama Port Authority (GBPA) licensees must obtain a VAT TIN number.
Gov’t ‘ill-prepared’ on Bill amendments
An FNM MP yesterday slammed the Government’s failure to provide the Opposition with the 12 amendments to the Petroleum Bill before yesterday’s debate, saying: “It’s ridiculous the Government was so ill-prepared”.
Be ‘mad as hell’ with PLP, FNM
The Bahamian people “should be mad as hell” with both the PLP and FNM for placing the country in a position where it is being threatened with a downgrade to ‘junk’ status, the Democratic National Alliance’s (DNA) leader has charged.
AML eyes $12-$15m new store sales goal
AML eyes $12-$15m new store sales goal By NEIL HARTNELL Tribune Business Editor AML Foods is targeting an annual $12-$15 million top-line boost by the third year of its proposed Solomon's "sister store" in Freeport, its chief executive telling Tribune B
Web shop owner in $27m bank rescue
By NEIL HARTNELL Tribune Business Editor Bahamas-based web shop boss, Craig Flowers, along with BISX-listed Bank of the Bahamas International, were both separately approached to rescue a bust Turks & Caicos bank that required a $27 million injection to r
Web shop owner in $27m bank rescue
By NEIL HARTNELL Tribune Business Editor Bahamas-based web shop boss, Craig Flowers, along with BISX-listed Bank of the Bahamas International, were both separately approached to rescue a bust Turks & Caicos bank that required a $27 million injection to r
Web shop owner in $27m bank rescue
By NEIL HARTNELL Tribune Business Editor Bahamas-based web shop boss, Craig Flowers, along with BISX-listed Bank of the Bahamas International, were both separately approached to rescue a bust Turks & Caicos bank that required a $27 million injection to r
ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND
By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ
ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND
By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ
ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND
By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ
ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND
By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ
ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND
By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ
GB Power urged: Don’t seek quick $25m recovery
Grand Bahama Power Company (GBPC) and its majority owner were yesterday urged not to target “the shortest period of time” to recover their $25 million in Matthew restoration costs from storm-devastated consumers.
'STRAW THAT BREAKS THE CAMEL'S BACK'
By NEIL HARTNELL Tribune Business Editor Failure to implement crime-prevention methods "could be the straw that breaks the camel's back" for many struggling Bahamian companies, private sector leaders warned yesterday, with "slack" businesses more suscept
'STRAW THAT BREAKS THE CAMEL'S BACK'
By NEIL HARTNELL Tribune Business Editor Failure to implement crime-prevention methods "could be the straw that breaks the camel's back" for many struggling Bahamian companies, private sector leaders warned yesterday, with "slack" businesses more suscept
Freeport suggestions to Gov’t ‘in 2 weeks’
The Government will likely receive recommendations on Freeport’s short and long-term future within the next two weeks, the Opposition’s deputy leader yesterday calling for “quid pro quos” in return for extending the city’s tax breaks.
US gives Cable growth ‘4 times’ that in Bahamas
Cable Bahamas yesterday said its US expansion had generated growth that would take three-four years to achieve in this market, having enjoyed an “immediate” 26 per cent top-line boost.
MP fears Baha Mar impact on sovereign rating
An Opposition MP yesterday warned that the Bahamas’ sovereign creditworthiness could be “very negatively” impacted if the $3.5 billion Baha Mar project fails to open within the next three to six months.
Insurer sees 38% fall from Summit
Summit Insurance blamed reduced real estate valuations for a 38.2 per cent year-over-year profits slump, as it focuses on “defending our book” in a year that will have “negative growth”.
