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Atlantis chief warns on hotel 'casualties'
Atlantis’s top executive yesterday warned there will be “casualties” among New Providence’s resorts if the island keeps adding hotel rooms without a matching increase in airlift.
‘Unreasonable’ to match VAT and price increases
Businesses should not have timed price increases to coincide with Value-Added Tax’s (VAT) implementation, its Comptroller said yesterday.
Cellular revenues per user up despite subscriber fall-off
The Bahamas Telecommunications Company’s (BTC) average revenue per user (ARPU) in the cellular market grew by almost 25 per cent in 2013, despite a market that declined slightly in terms of subscriber numbers.
Nathan Bain nominated for McDonald’s All-American honours
WE already know where he will begin his NCAA basketball career, but before he makes that transition, Nathan Bain hopes to end his high school career with a top national honour.
Gov’t deficit grows 56% to strike $151m
The Government’s fiscal deficit “deteriorated” by 56 per cent during the first quarter of its 2014-2015 financial year, growing by $54.1 million to hit $151 million.
Unemployment rises by 1.4%
THE unemployment rate rose by 1.4 per cent despite the labour force growing by slightly more in the second half of last year, according to the latest preliminary labour force report released yesterday by the Department of Statistics.
Haitian group rejects boycott
THE United Association of Haitians and Bahamians has publicly denounced the “vicious and unfair” comments of a Florida politician and a Haitian-Bahamian activist whom they said were “misinformed” and could not speak for those at the centre of the government’s new immigration policies.
Baptiste hits out at 'compromise'
HAITIAN rights activist Jetta Baptiste yesterday said the United Association of Haitians and Bahamians has “compromised” with the government on its new immigration policies.
Chamber executive: Make Freeport's tax incentive renewals conditional
Freeport’s expiring investment incentives should be extended until 2054 “in exchange” for the Grand Bahama Port Authority (GBPA) and Hutchison Whampoa fulfilling their 1993 commitments and new development goals.
Public loses confidence as politicians juggle figures
THE Department of Statistics is now being dragged to the Mad Hatter’s Ball. First it was the crime statistics, now it appears that the Department of Statistics and National Insurance are out of step with the score sheet set for them by the politicians.
Be ‘mad as hell’ with PLP, FNM
The Bahamian people “should be mad as hell” with both the PLP and FNM for placing the country in a position where it is being threatened with a downgrade to ‘junk’ status, the Democratic National Alliance’s (DNA) leader has charged.
National debt near $6.8bn following Govt spend rise
A 17.3 per cent increase in total government spending drove a $125 million jump in the national debt to almost $6.8 billion at end-March 2016, the Central Bank has revealed.
Michelle Miller Motivationals: Are you resilient enough?
I see resilience as that indefinable, elastic-like quality that stretches your capacity to hold yourself together in the midst of life’s ever changing weather.
BFSB chief: Good time for double tax model discussions
The Bahamian financial services industry believes “it is an opportune time” to determine whether this nation should pursue double taxation agreements as a means to attract international business, it was revealed yesterday.
Griffin: We will investigate auditor’s findings
SOCIAL Services Minister Melanie Griffin said further investigations will be conducted into the damning revelations highlighted by Auditor General Terrance Bastian’s report into the Department of Social Services which was tabled in the House of Assembly on Monday.
INSIGHT: Ingraham’s financial analysis is tragically wrong
There can have been few sadder sights in recent years than the almost nightly displays whereby former Prime Minister Hubert Ingraham gets on local TV apparently determined to lose all of the credibility earned over a successful political and governmental career.
UPDATED: First Zika case confirmed in the Bahamas
THERE is now one confirmed case of the Zika virus in the Bahamas, Health Minister Dr Perry Gomez announced on Wednesday morning.
Living up to nation’s Constitution
Greetings and thank you for the space in your publication to unveil the following events of concern to The Bahamian people, I appreciate it.
'Significant regulatory reform' need on corporate income tax
The Attorney General yesterday acknowledged that corporate income tax is a "novel approach" for The Bahamas and will require "significant regulatory reform" to implement if adopted.
Team Bahamas falls 6-1 to Grenada in CONCACAF ‘Road to Gold Cup’ opener
THE Bahamas’ senior women’s national football team went down 6-1 to Grenada in game one of the Confederation of North, Central American and Caribbean Association Football (CONCACAF) Women’s Road to Gold Cup.
