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WHY DO WE PUT UP WITH THESE BANKS?
EDITOR, The Tribune.
S&P’s higher deficits on VAT ‘uncertainties’
Standard & Poor’s (S&P) has agreed that there are “indeed uncertainties” surrounding Value-Added Tax (VAT) implementation, and is less optimistic than the Government in projecting a 3 per cent fiscal deficit for 2015-2016.
Radio stations fear closures under URCA changes
THE Utilities Regulation and Competition Authority (URCA) has come under fire for its plans to “standardise” FM radio broadcasting, with industry insiders accusing the regulator of making the sector “pay” for the organisation’s “mismanagement”.
$300m stocking island project to bring 200 permanent jobs
PRIME Minister Perry Christie yesterday announced the government’s approval of an application for the sale of 70 acres of land on Stocking Island, off Exuma, where a $300m five star development will be constructed.
Atlantis near sell-out for holiday weekend
ATLANTIS’S occupancy for the Thanksgiving weekend is ‘over 90 percent’, according to a senior executive at the resort with the annual ‘Battle for Atlantis’ tournament a ‘significant contributor’ to its boost in business for the period.
Death penalty
We understand the position of the highest Civil Court - the Privy Council…the death penalty can only be considered in the worst of the worst scenarios. The death penalty remains an active item of law.
Retailer hails 'huge help' of govt lockdown change
A major Bahamian retailer has hailed the government’s decision to modify its “locked down” businesses list as “a huge help” both to its sector and the wider economy.Brent Burrows, vice-president of CBS Bahamas (Commonwealth Building Supplies), told T
12,000 on food assistance to receive ten percent boost
SOCIAL Services Minister Obie Wilchcombe said the number of people receiving food assistance has grown by 1,000 since October, climbing to roughly 12,000 monthly, however those receiving help will get an increase of more than 10 percent beginning next week.
Sarkis: $84m cut-off caused by CCA 'lies'
SARKIS Izmirlian has accused Baha Mar’s main contractor of causing an $84 million funding “squeeze” due to its desire to eliminate the “project watchdog”.Baha Mar’s original developer, in his $2.25 billion damages claim filed on Boxing Day, alleged t
Bahamasair suspends flights to Haiti’s capital
Bahamasair’s weekly jet service to Cape Haitien has been “leaving full every time” even though service to the country’s capital has been suspended from January 28, its managing director revealed yesterday.
Local teacher brings unique STEM tournament to the Bahamas
FOR LAURENA Finlayson, working with children is a very special and fulfilling experience.In fact, she is so passionate about kids that she pursued graduate studies in education, with a focus on elementary education, and can now boast a 15-year career
BPL says just two per cent without power in New Providence
BAHAMAS Power and Light has restored electricity to approximately 98 per cent of customers in New Providence and has completed restoration efforts in the Family Islands, the company said.
Charities asked: Do you hold any of FTX’s $5.4m?
FTX’s Bahamian liquidators are “liaising” with local charities and non-profits over the collective $5.4m in donations they received from the collapsed crypto exchange to determine if they still hold any of these funds.
VAT covering 99% of economy despite $50,000 exemption
THE Government’s plan to exempt businesses with an annual turnover of $50,000 or less from paying Value Added Tax (VAT) will capture “99 per cent” of the turnover taking place in the Bahamian economy, a senior Ministry of Finance official believes, relieving small businesses from the compliance burden.
NPBA: Regulators stop Pirates in Division 1 as Kings get win in Division 2
THE New Providence Basketball Association had some interesting games over the weekend as the division II swung into high gear along with the division one play at the AF Adderley Gymnasium.
A Honkin' Conchin' Christmas Jollification!
THIS year’s Christmas Jollification saw record numbers of attendees, said organisers, as thousands of people walked through the gates of The Bahamas National Trust (BNT) last Saturday and Sunday.
Do you know what makes up your perception?
IF your perception is 99 per cent of your reality, then isn’t it important to know what makes up your perception?
INSIGHT: Trump's eagerness to open up could be the last thing we need
AS the saying goes: When America sneezes, The Bahamas catches a cold. Imagine what becomes of us if that proverbial sneeze is caused by a disease that has already infected more than one million Americans. Despite being armed with this knowledge and t
Sports Notes
THE Bahamas Chess Federation has announced plans for two major events.
‘We’ve been waiting for someone else to make it for a very long time’
FORMER Bahamian baseball players Antoan Richardson and Edison ‘Ed’ Armbrister were both excited to see Jasrado ‘Jazz’ Chisholm’s rise to the Major League.