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Bobby Brown headlines the Jingle Ball
FORGET Santa Claus, ‘80s R&B superstar Bobby Brown is coming to town.
Long Island bananas: 80-90% destruction
While Long Island farmers likely lost 80-90 per cent of their banana crop due to Hurricane Sandy, Tribune Business was told yesterday, but many homes and businesses were likely to be “back to normal in a few days”.
NHI will cost you $15-$80 a month
THE government is “revamping” National Health Insurance to focus more on catastrophic care with the introduction of the BahamaCare Plan and expects a contributory plan of $15 to $80 per month to fund it.
Sprint champ Bailey charged with drunken driving
TORONTO (AP) -- Former sprint champion Donovan Bailey has been charged with drunken driving. The 1996 Olympic champion from Canada has been charged with having a blood-alcohol level of more than 80 milligrams while driving in Toronto. The Toronto Star repo
Sailing for science
OFFICIALS yesterday praised the STEM for the Oceans programme that hosted 80 students and others on board the world’s largest cruise ship, calling the initiative something that speaks to the bright future for Bahamian natural resources.
Junior Golf: Bahamas in 5th place after day 2
FOLLOWING day two of the Caribbean Amateur Junior Golf Championships, the Bahamas is currently fifth in the standings and the Under-15 girls continue to lead the team with the top performances in their respective divisions.Ashley Michel is the top pe
Eliminate VAT need via 70-80% tax compliance
The Tax Coalition’s co-chair has suggested that increasing tax compliance rates to 70-80 per cent under the existing system would eliminate the need for Value-Added Tax (VAT) or any other revenue reforms.
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.
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
PM: 40% of VAT money to deficit
Prime Minister Perry Christie yesterday said 40 per cent of the $1.14 billion Value-Added Tax (VAT) revenues has gone towards reducing the deficit, as he gave an accounting designed to end the “grave and nonsensical misconceptions that revenues were being squandered”.
GBPA ‘exposed’ to legal challenge on power rate process
The Grand Bahama Port Authority (GBPA) was yesterday warned it is “exposing” itself to potential legal challenge by allowing just a nine-day public consultation over the island’s proposed electricity rates for the next three years.
Chamber chief ‘astounded’ by 4,000 VAT payers
The Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chief executive yesterday said he was “astounded” by government figures showing less than 4,000 companies would be liable to pay Value Added Tax (VAT), adding that this emphasised the urgency of passing legislation designed to strengthen the small business sector.
Sandals eyes $1m in storm repairs
SANDALS Royal Bahamian’s general manager yesterday estimated the resort would spend just under $1 million to carry out repairs to areas damaged by Hurricane Sandy, telling Tribune Business that its occupancy levels were near 80 per cent at the time of the storm.
Mandatory guides push threatens 80% of fly fishing impact
The Bahamas could lose almost 80 per cent of the fly fishing industry’s $141 million annual economic impact if it alienates the ‘do-it-yourself’ anglers, a leading tourism executive has warned.
American Airlines adds Nassau flight
American Airlines began taking bookings at the weekend for the return of its year-round service between New York’s LaGuardia Airport and Nassau, which will resume on December 22.The carrier, in a statement, said it will operate a Saturday-only flight
Bahamas First chief ‘very confident’ over VAT deal
Bahamas First’s top executive is “very confident” the government and general insurers will reach “a mutually beneficial resolution” to end the uncertainty over VAT recoveries on claims payouts.
GSSSA: Rattlers to face Mystic Marlins
By BRENT STUBBS
VAT hike puts further strain on cook-outs
“Cook-out” targets will have to increase due to the VAT rate hike, a well-known insurer yesterday warning that 85 per cent of healthcare costs will not benefit from planned tax exemptions.Emmanuel Komolafe, the Bahamas Insurance Association’s (BIA) c
HALF OF MEDICAL STAFF STILL WON’T TAKE JAB: Doctor among COVID deaths as Pfizer rollout scheduled for Thursday
AN unvaccinated physician has died of COVID-19 complications, while three unvaccinated healthcare workers are currently hospitalised with the virus, according to Dr Merceline Dahl-Regis, the National COVID-19 Vaccine Consultative Committee chairperson.