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'No time' to repair VAT unity

Super Value’s owner says he is “more satisfied” heading into Value-Added Tax (VAT) implementation following last week’s meeting between the Government and private sector, but suggested there was too little time to repair the “disunity”.

GB to Abaco power cable ‘fraught with complications’

Grand Bahama Power Company’s top executive says running an electricity cable to Abaco is “fraught with complications” and remains a “longer-term opportunity” it plans to explore.

Bahamas ‘open for business’ with latest COVID upgrade

The Bahamas is “unquestionably” in a strong competitive position after US federal health authorities confirmed this nation’s COVID ranking is set to be upgraded to ‘moderate’, a top hotelier said yesterday.

MAB chief's 'surprise' at insurers' NHI meet

The Medical Association of the Bahamas (MAB) president yesterday expressed “surprise” that the Minnis administration had yet to meet with doctors over its plans to reform National Health Insurance (NHI).Dr Sy Pierre indicated he had been taken aback

Hotels eye 5-7% peak winter rate increases

A leading Bahamian hotelier yesterday said resorts were looking at a 5-7 per cent year-over-year room rate increase for the peak 2013 Winter season, adding that it was “premature to ring the Doomsday Bell” over the so-called US ‘fiscal cliff’.

BORCO to undergo further expansion

The Bahamas Oil Refining Company (BORCO) is set to undergo further multi-million dollar upgrades beginning this quarter, as its owner seeks to improve its “crude oil handling” capabilities.

Mavs rout Suns, force Game 7

DALLAS (AP) — Luka Doncic scored 33 points and the Dallas Mavericks beat the Phoenix Suns 113-86 last night to force a Game 7 in the Western Conference semifinals.

Pro basketball player Miller off to impressive start in Norway

TAVARIO Miller’s transition to professional basketball is off to an impressive start with a new destination in Norway.

The link between prostate and breast cancer

What does prostate cancer have in common with breast cancer?The answer is the BRCA 1 and 2 gene mutations. The BRCA 1 and 2 genes were first discovered in 1994.BRCA stands for Breast Cancer associated gene. Women with the inherited BRCA 1 or BRCA 2 g

Hotels strike ‘glass ceiling’ on 15-20% room shortage

The Bahamas may be unable to fully meet tourism demand for 12-18 months due to a room shortage caused by up to 15-20 percent of available inventory being taken offline, a senior hotelier has revealed.

Bad loans and credit decline threaten growth

Difficulties in one bank’s commercial loan portfolio seemingly sparked a $38.7 million deterioration in the sector’s ‘bad credit’ position during April, another month in which the Bahamian economy was “relatively subdued”.

BGDBA Playoffs: Cybots advance to next round, Patrollers tie series 1-1

The Bain and Grants Town Cybots booked their tickets to round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs on Monday night after sweeping the Police Royals 2-0.

Knights strike gold in St Lawrence Invitational Tournament

THE Niagara College Knights, with several Bahamian players on their roster, were back on the floor for the preseason as they prepare to contend in the Ontario Colleges Athletic Association.Van Hutchinson Jr, Kevin Cooper, Stephone Augustine, Livingst

Adults the cause of society’s decay

The Bahamas has come full circle. We have seen all of what we have been doing ourselves come back in “full colour”.

Fat melting fruit - a help to weight loss

THERE are countless weight loss products, systems and fad diets on the market, making the one claim boasting quick weight loss.

Day three with no new cases

DESPITE increased testing for COVID-19, the country has not recorded new cases of the disease for three days in a row.

‘SIGNIFICANT’ RISE IN SYPHILIS CASES

THE number of syphilis cases among other reported instances of Sexually Transmitted Diseases (STDs) is on the rise in the Bahamas, said Ministry of Health officials yesterday.

All registrants to pay VAT monthly

A top private sector executive yesterday questioned whether planned amendments to the Value-Added Tax (VAT) Act are due to concerns that non-monthly filers are spending the taxes they collect on the Government’s behalf.

Auto chief waits 6-8 months for $200k tax refund

The Bahamas Motor Dealers Association’s (BMDA) president yesterday revealed he has been waiting six-eight months for a $200,000 tax refund, while seeing “only red ink” on his company’s financial spreadsheets.

Hurricane Hole Superyacht Marina opened

STERLING Global Financial officially opened its Hurricane Hole Superyacht Marina on Paradise Island on Friday, marking a significant milestone for the international company.

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