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'No 100% escape' from VAT's grip
There is “no 100 per cent escape” from the proposed Value-Added Tax (VAT), a senior official has warned, while acknowledging the private sector must realise the Government is “serious” about collecting all due revenues.
COB survey says Bahamas Junkanoo Carnival made positive impression
A COLLEGE of the Bahamas survey into May’s inaugural Bahamas Junkanoo Carnival events concluded that most participants had a positive impression of the event.
Lucius Fox and Biscuits eliminated in semi-finals
LUCIUS Fox’s debut season in Double A baseball came to an end after his Montgomery Biscuits were eliminated in a decisive game five of the Southern League semi-finals.
Chamber chief says 'space for third mobile operator'
The Bahamas Chamber of Commerce's chief executive believes "there is space for another mobile player", and is urging the Government to issue a third licence come 2019.
Queen Elizabeth II, Britain's monarch for 70 years, dies – updates
Queen Elizabeth II, Britain’s longest-reigning monarch and a rock of stability across much of a turbulent century, has died. She was 96.
Conch verdict preserves $3.3m fisheries exports
BAHAMIAN fishermen yesterday hailed as “welcome news” the US’s decision not to place the Queen Conch on its endangered species list, and blamed harvesting shortfalls on “destructive” methods by foreign poachers.
Palm Cay ahead of schedule for third condo phase launch
A southeastern New Providence real estate development yesterday said it will open reservations ahead of schedule for the third phase of its luxury condominium complex, The Anchorage, after demand outpaced supply in the first two phases.
PM plans to ask China for funds
PRIME Minister Perry Christie has announced plans to request funding from China to support the national budget, refinance and restructure the country’s debt.
Towing fare increase could heighten risks
Automotive repair shops yesterday voiced concern that the 67 percent, or two-thirds increase, in standard towing fees could prompt Bahamians to take more risky measures to move broken down vehicles.
‘We knew’ prison would fail accreditation bid
DOAN Cleare, the acting commissioner of corrections, admitted yesterday that the Bahamas Department of Correctional Services failed an accreditation inspection earlier this year, saying officials knew the prison would “fail miserably”.
Strong start on market for Windsor Lakes project
A Western New Providence gated development pegged at $50m has reserved one third of its lots in its first month on the market, with marketing expected to ramp up in the next month.
Minister discusses ‘betrayal’ claim by former commissioner
NATIONAL Security Minister Wayne Munroe has recalled his personal experiences with former commissioner Paul Rolle regarding the senior officers who were made to take accumulated vacation and later seconded to various ministries.
Super Value to ‘duck’ energy hike via solar
Super Value’s president yesterday said it plans to “duck” any long-term impact from higher Bahamas Power & Light (BPL) prices through the installation of solar power across its business beginning on August 2.
Police crack down on marijuana
THE government is cracking down on the use and production of marijuana across the country. Minister of National Security Tommy Turnquest said that while the use of cocaine - which rose to epidemic proportions in the 1980s - has substantially fallen off, the use of marijuana has grown, especially among young people.
Extra pharmachem investment revealed during PM tour
The expansion project at Pharmachem Technologies in Freeport has significantly exceeded its original investment cost by some $60m and is now estimated to be around $180m.
Tourism numbers jump by a third
INTERNATIONAL visitor arrivals to The Bahamas for the month of October have grown over 30 percent compared with the same time last year, according to the Ministry of Tourism and Aviation.
Bahamas 'DARES' to enter digital industry
The level of interest from digital asset entrepreneurs in using The Bahamas for token issues and other ventures "mandated" this nation move swiftly on a supervisory regime, a top regulator said yesterday.
Eleuthera bracing for lockdown
AS health officials conduct more COVID-19 testing on Eleuthera, some residents say they have already started preparing for a possible lockdown should the government take that course of action.
Miller warns over labour law reform
Outspoken PLP MP, Leslie Miller, yesterday warned about the possible repercussions from the Government’s proposed labour law reforms, urging: “We must be reasonable in our approach.”
