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Bran slams ‘fallacy’ of low-tax Bahamas

The Democratic National Alliance’s (DNA) leader has pledged to reform the Business Licence fee if elected to office, so that companies do not pay more in taxes than they earn in profits.

A YOUNG MAN'S VIEW: Too many questions and not enough answers over Baha Mar

THE Chinese Government, the China Export-Import Bank (CEXIM) and their co-conspirators, the Bahamian Government, all appeared to have “gooseyed” Baha Mar developer Sarkis Izmirlian, ripping his brainchild from his hands and ignoring him like the rude child in the room.

Unions seek 20-fold employer fines rise

Bahamian trade unions are pushing labour law reforms that will impose a 20-fold increase in financial sanctions on businesses and an exorbitant redundancy cost burden - while simultaneously removing restrictions on their operations.

$150m loan for storm repairs

THE Christie administration yesterday moved a resolution for a loan of up to $150m to defray the costs of this country’s recovery and reconstruction efforts as a result of not only Hurricane Matthew, but for last year’s Hurricane Joaquin.

SANCHESKA V RENALDO: NFL Picks Week Seven

The “I Take Everything Back” Award presented by every ex-boyfriend of Scarlett Johansson - Bob McAdoo. Odell Beckham Jr was a distraction until he caught eight passes for 222 yards and two touchdowns.

Commercial banks to acquire 80 per cent of restoration bond

Some 80 per cent or $120 million of the Government’s Hurricane Restoration Bond will be raised from the commercial banks, the Government yesterday confirming the offering’s multi-tiered nature.

Matthew’s $1bn blow not a ‘horrid disaster’

A FORMER finance minister says Hurricane Matthew may have cost the Bahamas up to $1 billion in total economic losses, yet the storm is not necessarily “the horrible disaster” it first appears.

FOURTH QUARTER PRESS: Sports can bring a welcome distraction after Matthew

AS sports in the Bahamas has taken a back seat to Hurricane Matthew and the repairs in its aftermath, I have been speculating on how much of a hit sports across the country has taken due to this storm.

Matthew drives construction sector to five-year ‘peak’

The construction industry is the “busiest” it has been in five years as Hurricane Matthew rebuilding ramps up, the Bahamian Contractors Association’s (BCA) president yesterday estimating 90 per cent of the sector is now “fully engaged”.

NCAA Basketball: Great expectations for Michael Carey Jr in senior season

EXPECTATIONS loom large for Michael Carey Jr headed into his senior season of college basketball.

Sears to resume campaign and visit hurricane-hit areas

FORMER Attorney General Alfred Sears said he plans to resume his leadership campaign for the Progressive Liberal Party in the coming weeks, with initial plans calling for visits to those areas hardest hit by Hurricane Matthew.

BISX-listed firm’s $5m ‘recapitalise’ after SEC settles

A BISX-listed company will have to undergo a $5 million ‘recapitalisation’ as a result of the deal struck by its principal and main subsidiary to settle a lawsuit against them by US federal regulators.

Baha Mar to be sold twice as court process ends

BAHA Mar’s secured creditor has acquired the project from its receivers for a sum “substantially higher” than that offered by the top bidder, with the property essentially being sold twice as part of the process.

Matthew will hit on Tuesday

AS Hurricane Matthew takes aim at Jamaica and Haiti, emergency management officials in The Bahamas along with other governmental agencies have ramped up preparation efforts as computer models project landfall in the southeast Bahamas by Tuesday.

Fountain, Wright cart off first crown in King Eric Memorial

THE seasoned team of Harry Fountain and Fred Wright carted off the first gross crown in the second annual King Eric Memorial Golf Tournament.

Assistance for 60 single mothers in Grand Bahama

SIXTY single mothers in Grand Bahama received much needed assistance this week thanks to the Bahamas Feeding Network (BFN) with the support of AML Foods Ltd.

News website backs annual race weekend

FOR the second year in a row, TheBahamasWeekly.com has signed on as a Sunshine Insurance Race Weekend (SIRW) sponsor.

Government approves $2m to rebuild BAMSI dorm

THE government has approved the use of more than $2m to rebuild the Bahamas Agriculture and Marine Science Institute (BAMSI) dormitory that was destroyed by fire in early 2015, according to Agriculture and Marine Resources Minister V Alfred Gray yesterday.

Bahamas urged: ‘Resist’ new global tax pressure

A former Bahamas Financial Services Board (BFSB) chairman yesterday urged the Government to resist “disingenuous” international pressure, after this nation was accused of single-handedly undermining the global “war on tax dodgers”.

A foolish plan

I invite the Department of Labour to identify any country that has enacted such asinine legislation as floated in your publication under the above captioned headline.

The Tribune

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