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Fair share: Hotel rental unit tax not in effect yet
A key Budget measure designed to ensure hotel rental pool units pay their fair share of taxation has yet to be implemented amid the wait for legislation to give it lawful effect.
Bahamas ‘nears a socialist state’
The Bahamas “is becoming a socialist state”, an outspoken FNM candidate said yesterday, blasting the Government’s decision to move ahead with controversial labour law reforms as “madness”.
Bahamas 'underestimated' cruise visitors spending
The Bahamas may have “underestimated” cruise passenger spend in Nassau and Freeport, a Cabinet Minister admitted yesterday, following reports of a 59 percent increase since 2015.
Ministry happy with coral farm progress post-Dorian
AGRICULTURE and Marine Resources Minister Michael Pintard toured Coral Vita’s land-based coral farm in Grand Bahama on Friday as his ministry moves to begin its Coral Restoration/Climate Action Project.
Oil exploration fears for 'eco centric mecca'
An Andros bonefishing lodge's co-owner has voice alarm that that "the eco-centric mecca" of The Bahamas could be irreparably harmed if oil exploration plans go awry.
Flowers: 'We grew up, not just as friends, but as family'
BUSINESSMAN and golfer Craig Flowers has called this one of the most difficult periods of his life, having lost his childhood friend and sporting legend Prince ‘Zorro’ Stubbs on Christmas Eve.Stubbs, 80, died at the Princess Margaret Hospital as a re
Flowers: I’m not firing staff
CRAIG Flowers says he has gone against the grain in opting not to lay off employees because it is not known if his company – FML Group of Companies - will suffer loss due to increased government taxes, which includes a five percent stamp tax on patrons.
DIANE PHILLIPS: The finest line of all – the last breath
AN old friend died this week. His death was not the saddest part of the story, the end of his life was.
INSIGHT: Don’t panic - it’s time to think of others, not just ourselves
AS the nation has watched the coronavirus, also known as COVID-19, go from a “foreign virus” that spread through Wuhan, China, with epic speed, inch closer and closer to our shores, it has been unsettling to see it reach 118 countries to date. No doubt, any nation still reeling from the disastrous impact of Hurricane Dorian would have citizens gripped by fear.
Oil explorer shrugs off end to ‘exclusive’ talks
A Bahamas-based oil explorer yesterday said it was now locked in joint venture talks with “multiple parties” after a “major global oil company” ended their exclusive negotiations.
Judo: World juniors set for Atlantis this month
IN approximately two weeks, the international judo community will descend on the Bahamas as the island nation hosts the sport’s elite talent from around the world.A total of 510 judokas, including 295 men and 215 women from five continents and 81 cou
200 jobs with new Grand Bahama medical school
A HEADS of Agreement was signed yesterday by the government for a new medical school in Freeport to be built in phases at an overall investment of $64.2 million over a 10-year period.
‘Right church, wrong pew’ over second GB marina
A Grand Bahama investor yesterday said he has yet to receive a satisfactory offer for his second marina asset, revealing: “They’re in the right church, but sat in the wrong pew.”
Bahamas ‘Jamaica bound’ on present fiscal course
The Bahamas will be “Jamaica bound” unless it immediately implements measures to tackle its growing debt and deficits, a well-known fiscal hawk warned yesterday.
GOVT LIKELY TO SELL 40% PORT EQUITY STAKE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PRIME Minister Hubert Ingraham yesterday said he expects the Government to eventually sell its 40 per cent stake in Arawak Cay Port Development Company (APD), allowing the Nassau Co
Insurance faces 'significant strain' if rates cut again
The Bahamian insurance industry will be placed under “significant strain” if there is a further cut in the Prime interest rate, with one underwriter also said to require “recapitalisation”.
Seven players share lead in Pure Silk-Bahamas LPGA Classic
MAJOR winners Paula Creamer and Catriona Matthew were among seven players sharing the lead at five-under-par 68 on Thursday after the first round of the Pure Silk-Bahamas LPGA Classic.
Patron taxes a 'major concern' for web shops
THE twin five percent Stamp Tax levies on web shop patrons are a “significant concern” for operators, the Gaming House Operators Association’s chief executive said yesterday.Gershan Major told Tribune Business that while it was difficult to determine
Renewable provider hails resort’s new solar system
A renewable energy provider yesterday said the system installed at a major Family Island resort will cut its emissions by 95 percent through slashing diesel fuel consumption.
Cursillo Movement bids farewell to Herbert Scott
THE Cursillo Movement within the Bahamas is alive and continues with the work of God in the renewing of His church. It is an international movement found all over the world.
