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Gov’t plans to narrow VAT payment window

The Government yesterday unveiled plans to shrink the Value-Added Tax (VAT) payment window by seven days, and other revenue enforcement measures, amid the numerous tariff rate cuts consistent with a pre-election Budget.

The art of leadership

The art of leadership By Ian Ferguson As we prepare ourselves as a nation to select our political leaders for another term in office, the Chamber Voice begins a series on Leadership. Leadership is probably best defined as the ability a person has to bui

The art of leadership

The art of leadership By Ian Ferguson As we prepare ourselves as a nation to select our political leaders for another term in office, the Chamber Voice begins a series on Leadership. Leadership is probably best defined as the ability a person has to bui

The art of leadership

The art of leadership By Ian Ferguson As we prepare ourselves as a nation to select our political leaders for another term in office, the Chamber Voice begins a series on Leadership. Leadership is probably best defined as the ability a person has to bui

DON'T SETTLE FOR A SURVIVAL 'RUT'

By Ian Ferguson A paradigm is defined as a mindset or pattern of behaviour that appears to be the established norm. A paradigm shift, though, is the force driving individuals and organisations out of that prevailing mindset, propelling them towards a bri

Bahamasair reduces staff 12% in 5 years

Bahamasair reduces staff 12% in 5 years By NEIL HARTNELL Tribune Business Editor Bahamasair has reduced staff levels through "natural attrition" by more than 12 per cent over the past five years, Tribune Business was told yesterday, while improving its

LAW FIRM BLASTS CUSTOMS OVER 'WHIMSICAL FANCY'

By NEIL HARTNELL Tribune Business Editor A leading Bahamian law firm yesterday blasted as "almost unbelievable" Customs' second effort within two years to allegedly disrupt Freeport's $70-$120 million 'bonded goods' economy, arguing that arbitrary requir

BAHAMAS 'UNAWARE' OF FINANCIAL 'WATCH LIST' PLACEMENT

By NEIL HARTNELL Tribune Business Editor A government minister last night said the Ingraham administration "was not aware of any international concerns" relating to the Bahamian financial services industry, after reports surfaced that this nation had bee

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

JUST 17% OF POOR GETTING BENEFITS

By NEIL HARTNELL Tribune Business Editor Less than 17 per cent of poor Bahamian households are receiving social security benefits, an Inter-American Development Bank (IDB) report highlighting a dysfunctional welfare system that is failing to reach those

'Unsustainable' costs drive Old Fort Club's 67% fee rise

By NEIL HARTNELL Tribune Business Editor The exclusive Old Fort Bay club yesterday warned members it had "no alternative" but to implement the first ever increase in annual membership dues, raising them by 67 per cent to $5,000 per year, given that costs

'UNSUSTAINABLE' COSTS DRIVE OLD FORT CLUB'S 67% FEE RISE

By NEIL HARTNELL Tribune Business Editor The exclusive Old Fort Bay club yesterday warned members it had "no alternative" but to implement the first ever increase in annual membership dues, raising them by 67 per cent to $5,000 per year, given that costs

CAR DEALERS SUFFER $75M REVENUE HIT

By NEIL HARTNELL Tribune Business Editor Bahamas Motor Dealers Association (BMDA) members saw their collective sales revenues fall by more than $75 million over the first 10 months of the years between 2009-2011, one dealer suggested yesterday, although

CAR DEALERS SUFFER $75M REVENUE HIT

By NEIL HARTNELL Tribune Business Editor Bahamas Motor Dealers Association (BMDA) members saw their collective sales revenues fall by more than $75 million over the first 10 months of the years between 2009-2011, one dealer suggested yesterday, although

Kerzner couldn't get 'unqualified' 2010 accounts

By NEIL HARTNELL Tribune Business Editor Kerzner International defaulted on its $2.5 billion loan agreement in May 2011, a lawsuit has alleged, with auditors unable to provide a set of 2010 'unqualified' financial statements for the Atlantis and One & On

Kerzner couldn't get 'unqualified' 2010 accounts

By NEIL HARTNELL Tribune Business Editor Kerzner International defaulted on its $2.5 billion loan agreement in May 2011, a lawsuit has alleged, with auditors unable to provide a set of 2010 'unqualified' financial statements for the Atlantis and One & On