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IMF: FISCAL REFORM DELAYS MAY 'JEOPARDISE RECOVERY'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

IMF: FISCAL REFORM DELAYS MAY 'JEOPARDISE RECOVERY'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

IMF: FISCAL REFORM DELAYS MAY 'JEOPARDISE RECOVERY'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

CARIBBEAN FIRM TO TAKE OVER TOP TOUR DESTINATION

By NEIL HARTNELL Tribune Business Editor A leading New Providence tourist attraction is set to be transformed into a "first class destination" via an investment worth "millions" of dollars, Tribune Business can reveal, with its Bahamian owners set to sel

Air freight operators in Bahamas boycott threat

Florida-based air cargo companies are threatening to boycott the Bahamas over the new Customs fees and fines set to be introduced tomorrow, with this newspaper told: “It’s D-Day time.”

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US gov't report 'tremendous blow' to FDI attraction

US government criticisms have dealt “a tremendous blow” to the Bahamas’ prospects of attracting increased foreign direct investment (FDI) at a time when this nation most needs it, the Democratic National Alliance’s (DNA) leader said yesterday.

HOME BUYERS LOSE $81K OVER STAMP DUTY 'LOOPHOLE'

By NEIL HARTNELL Tribune Business Editor Some 32 first-time Bahamian home buyers have collectively lost almost $81,000 because there is nothing in statute law to allow the refund of Stamp Duty mistakenly paid on their real estate purchases, it was reveal

HOME BUYERS LOSE $81K OVER STAMP DUTY 'LOOPHOLE'

By NEIL HARTNELL Tribune Business Editor Some 32 first-time Bahamian home buyers have collectively lost almost $81,000 because there is nothing in statute law to allow the refund of Stamp Duty mistakenly paid on their real estate purchases, it was reveal

HOME BUYERS LOSE $81K OVER STAMP DUTY 'LOOPHOLE'

By NEIL HARTNELL Tribune Business Editor Some 32 first-time Bahamian home buyers have collectively lost almost $81,000 because there is nothing in statute law to allow the refund of Stamp Duty mistakenly paid on their real estate purchases, it was reveal

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BEC survives a fuel ‘emergency’

The Bahamas Electricity Corporation (BEC) suffered an “emergency situation” on Wednesday night after it almost ran out of fuel due to bad weather disrupting shipping.

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Baha Mar becoming ‘huge white dinosaur’

A former Baha Mar director yesterday warned that the Government will soon “have a huge white dinosaur on their hands”, despite the project’s secured creditor promising that a solution is being developed.

Corporate redress regime upheld with $33m verdict

The Supreme Court has prevented the Bahamas being perceived as “a parochial, quirky jurisdiction” for international business through its recent ruling on a $33 million insolvency dispute, a former attorney general said yesterday.

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‘Farcical’: Govt picks up ‘entire’ $40m BOB issue

Bank of the Bahamas’ 3,000 minority shareholders have demonstrated their “complete lack of confidence” in the bank after forcing the Government to pick up its “entire” $40 million rights offering.

IDB TO BAHAMAS: RUN 2.5% PRIMARY SURPLUS

By NEIL HARTNELL Tribune Business Editor The Bahamas was yesterday warned to "pick up the pace" of fiscal reform, the Inter-American Development Bank's (IDB) top Caribbean economist saying this country needed to achieve primary Budget surpluses equivalen

'Level playing field' urged over Freeport bonded good reform

By NEIL HARTNELL Tribune Business Editor A leading wholesaler yesterday urged that any reforms to Freeport's 'bonded goods' economy create a "level playing field", and not place his firm and others at "a competitive disadvantage" by sucking money out of

SPEED WEEK 'CAN BECOME LIKE MONACO'

By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco

SPEED WEEK 'CAN BECOME LIKE MONACO'

By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco

SPEED WEEK 'CAN BECOME LIKE MONACO'

By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco

SPEED WEEK 'CAN BECOME LIKE MONACO'

By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco

SPEED WEEK 'CAN BECOME LIKE MONACO'

By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco