"%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BDTALK%3APC90%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%3Awww.za32.net" | Search

‘Payroll tax not a viable option’

BAHAMIAN workers would face grave reductions in take-home pay if a payroll tax were implemented instead of a Value Added Tax (VAT), the three leading government voices in financial affairs, including the Prime Minister, agreed.

Civil service pension deficit may 'explode'

The Government’s unfunded civil service pension liabilities will “explode” unless urgent reform action is taken, a senior accountant suggesting these could mean the national debt is really as high as $6.5 billion.

Financial sector not growing enough to cope with 100 job losses

The Bahamian financial services industry is not growing at a fast enough rate to absorb the more than 100 job losses announced year-to-date, the Opposition’s finance spokesman fears.

FINCO consolidation hits BISX-listed fund

FINCO’s planned consolidation has hit a BISX-listed fund’s ambitions of reducing the vacancy rate at its flagship property, its administrator conceding this would now increase to almost one-third of available space.

Jobs to go in RBC shake-up

JOB losses are imminent at RBC Royal Bank as it moves to better manage operating costs in a low-growth environment, managing director Nathaniel Beneby confirmed yesterday.

Chris Brown officially opens One Eleuthera Primary School Meet

SOUTH Eleuthera — Officially opening the One Eleuthera Primary School Meet on Thursday, Chris ‘Fireman’ Brown said he’s disappointed that the athletes are still competing on the grass track at his alma mater at the Preston Albury High School.

Colina defends 'double book value' CFAL deal

Colina Holdings (Bahamas) yesterday said it paid “a fairly modest multiple” to acquire an affiliate from its majority shareholder, despite the $11.153 million purchase price being more than double CFAL’s net book value.

Middle class 'under threat'

The Opposition’s finance spokesman yesterday warned that the Bahamian middle class was “under serious threat” from business downsizing and tax increases, as Scotiabank (Bahamas) became the latest institution to inform impacted staff of its outsourcing plans.

Make your domain your own

I like the Japanese proverb that says: “Tigers die and leave their skins, while people die and leave their names”. If this is accurate, let’s look at the significance of other name types. I am sure you’d agree that practically everyone, and everything is known, labelled, tagged or remembered by names.

BEC to pay $540k trespass damages

The Bahamas Electricity Corporation (BEC) was yesterday ordered to pay more than $540,000 in damages to a western New Providence developer for trespassing on its land.

Baha Mar project 'gateway to Asia'

THE $3.5 billion Baha Mar development will be the gateway that “opens up” the Asian market for this nation, a leading realtor said yesterday, suggesting that “a lot of moving parts are in place” for the Bahamas to capitalise on it. 

Sands lands win at golf tournament

THE Sands team recently held its 4th annual golf tournament at the Fortune Hills Golf Course in Grand Bahama.

VAT 'straw to break back' of food retail

Food prices would have increased by more than 7 per cent under a 15 per cent Value-Added Tax (VAT), with a sector body warning this tax in any form will be the “straw to break the back of our industry”.

Intervention call is a bit unusual

EDITOR, The Tribune.

BTC give $1.7m compensation after service outage

BTC has announced a $1.7m compensation package for customers following the Bahamas-wide disruption that left people out of service for nearly 24 hours last month.

Web shops hand out $100m in unregulated mortgages

The web shop industry has issued close to $100 millionworth of mortgages that are outside the Central Bank’s regulatory purview, a leading consultant to the industry yesterday adding that this was costing commercial banks $500,000 in fees per annum.

Bahamas falling behind on aircraft registry

The Bahamas risks falling behind in the fast-growing aviation sector, which accounts for $107 billion in regional revenue, if it does not keep pace with other countries that are making it easier and more attractive to do business, a local aviation law expert has warned.

Darville urges social workers to stay focused on those in need

ADMITTING that there are some troubled youth who seem focused on a life of crime and bad behaviour, Minister for Grand Bahama Dr Michael Darville on Monday encouraged social workers to remain focused and determined in their obligations to make a positive difference in people’s lives, particularly those in need.

Brewery volumes down 2% on 'Major' smuggling rise

Commonwealth Brewery yesterday attributed its almost-2 per cent sales volume decline in 2013 to a “significant increase” in beer and spirits smuggling, its chief executive warning that this was “bad” for both company and the Government.

Bank: 'worst' over in 2014 despite $4.2m loss

Bank of the Bahamas International yesterday expressed confidence that “the worst” of its net losses and bad loan provisions will be behind it after 2014, following a quarter in which shareholders incurred a further $4.172 million in ‘red ink’.

The Tribune

All results / Stories

Sort By

Date

Authors