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Gov't developing system for '90% of investor needs'

The Government is aiming to “instutionalise” an approvals process that “meets 90 per cent of the needs of investors” coming into the Bahamas, a Cabinet minister telling Tribune Business that “hundreds” of proposals were before it.

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‘It’s bouncing back with a vengeance’

Tourism was yesterday said to be “bouncing back with a vengeance” with 13,000 cruise visitors expected in the week before Independence and Nassau’s mega resorts reporting occupancies of up to 90 percent.

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NHI: We’ll protect 90% of Bahamians by 2025

The National Health Insurance (NHI) scheme is targeting a rapid expansion that aims to provide “more than 90 percent” of Bahamians with its basic primary care coverage by 2025.

URCA orders ‘middle ground’ on NewCo’s BTC roaming period

Regulators have ordered a ‘middle ground’ compromise on how long NewCo2015 can use the Bahamas Telecommunications Company’s (BTC) network to deliver its own mobile services, stipulating a 24-month time period.

Out Island resorts see Easter uptick

Family island resorts are reporting strong bookings for Easter, with some fully booked and voicing optimism that they have “turned the corner” despite COVID-19’s lingering impact.

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'Buddy' Hield: 'I know what I'm worth'

NEGOTIATIONS continue between Buddy Hield and the Sacramento Kings with just days remaining for the parties to reach an agreement on a contract extension. According to Chris Haynes of Yahoo Sports, the two sides remain $20 million apart after the Ki

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Burrows and Tigers undefeated so far in preseason

SHAMAR Burrows continues to lead the Dalhousie Tigers in an undefeated preseason as Canadian U-Sports basketball returns to the floor.

Leading QC calls for 20% Gov't spend cut

The Government has been urged to cut spending by 20 per cent over the next five-10 years, with a top QC warning Bahamians they must abandon “cradle to grave entitlements”.

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'We're working to provide temporary housing in Abaco'

CHAIRMAN of the Disaster Reconstruction Authority John-Michael Clarke said yesterday the authority will be working with the Department of Social Services to determine a solution to provide “temporary” housing in Abaco for displaced shelter victims li

Cutting 1,000 companies to maximise VAT revenues

A top accountant yesterday backed the Government’s plans to slash mandatory Value-Added Tax (VAT) registrants by 1,000 firms, telling Tribune Business this would help to “maximize” revenues from the new tax.

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CWC: 'Public opinion on our side' over BTC

Cable & Wireless Communications’ (CWC) top executive yesterday asserted that “public opinion is on our side” when it came to the Bahamas Telecommunications Company’s (BTC) privatisation, a survey having found that 84 per cent of Bahamian consumers backed the move.

CAC Games: Defence key for men's national softball team

WITH a little more depth added to their pitching staff, manager Perry Seymour said if they can tighten up on their defence, the men’s national softball team should be able to perform very well at the Central American and Caribbean Games.Seymour, who

Central Bank: Growth ‘very mild’ for 2016

The Central Bank of the Bahamas agrees with international agencies that the Bahamian economy “will continue to grow at a very mild pace in 2016”.

Louis Bacon wins conservation award

DECLARING that his “bold actions were inspiring others to protect and steward their lands,” the Land Trust Alliance (LTA) this month presented one of its highest and rarest honours to philanthropic conservationist Louis Bacon.

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Giants rout Stingers

The New Providence Basketball Association resumed its regular season on Monday night after taking a break for the Christmas holiday. The Commonwealth Bank Giants pulled off a rout and the Pyramid Food Rockets got by in a squeaker at the AF Adderley Gymnasium.

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.

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YOUR SAY: The challenges posed by Venezuelan government

THE Bahamas and the United States share a deep democratic tradition. With the most recent election in the Bahamas, I witnessed first-hand the power of that democracy and the dedication of the Bahamian people to that tradition. With nearly 90 per cen

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Call for union chiefs to resign 'for failing hotel workers'

There has been a call for executives of the Bahamas Hotel Catering and Allied Workers Union to resign for failing to present to the Bahamas Hotel Employers Association a proposal in time for a new industrial agreement.

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Minister: Sixfold rise in cases of incest last year

ALTHOUGH there was a reduction in the number of reported cases of child abuse in the country last year compared to 2013, the number of reported cases of incest increased six-fold in New Providence last year, according to data provided by Social Services Minister Melanie Griffin.

NCAA: Buddy Hield has his best game of the season

Saturday was a successful day for Bahamian basketball players in men’s division I basketball programmes across the NCAA with standout individual performances and thrilling upsets.