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$21m border taxes fall 'very serious' for impending VAT

THE Government has been urged to establish a ‘national land bureau’ for the management of Crown Land, a well-known doctor arguing that its sale and lease was being “misused and abused”.

Realtor 'pioneer' eyes Middle East

A top realtor yesterday said he felt like “a pioneer” in his efforts to market the Bahamas to the world, as he seeks to build on his recent Chinese visit by now pitching to wealthy Middle East investors.

Top VAT adviser rejects 21-day tax reporting

A senior Ministry of Finance consultant yesterday dismissed the private sector’s call for quarterly Value-Added Tax (VAT) filing and reporting, saying this “would not suit the Government’s position”.

Bahamas tops Caribbean on Brazil air benefits

The Bahamas would benefit the most out of four Caribbean countries from starting a direct flight between Nassau and the Brazilian city of Sao Paolo, an Inter-American Development Bank (IDB) report has suggested.

Trust - historic or broken?

EDITOR, The Tribune.

Union: We can't help Scotiabank workers

THE BAHAMAS Financial Services Union (BFSU) said the latest round of potential commercial banking lay-offs showed the benefits of being unionised, as it could do nothing for Scotiabank workers.

The better solutions for fiscal salvation

By JOHN BOSTWICK II

Doctors chief calls for healthcare to be VAT 'zero rated'

Doctors Hospital’s president has called for healthcare to be ‘zero-rated’ rather than ‘exempt’ under the proposed Value-Added Tax (VAT), arguing that it is already “too late” for the Government to meet its July 1 implementation target.

Being careful when serving two masters

In every sector of our corporate environment, moonlighting has become a consistent mainstay, with many persons enjoying the benefits of receiving two and three salaries at any one given time.

Scotiabank to minimse outsourcing lay-offs

SCOTIABANK (Bahamas) yesterday announced plans to “centralise’ some of its Bahamian back office functions into its Trinidad & Tobago hub, and is attempting to either avoid or minimise staff lay-offs as a result.

CWC: $25m BTC deal 'price worth paying'

Cable & Wireless Communications (CWC) decided that $25 million was “a price worth paying” for peace with the Bahamian government, a London-based analyst yesterday describing their deal as “an elegant resolution”.

BISX targeting 'same level of success and more' on fund listings

The Bahamas International Securities Exchange (BISX) yesterday said it was aiming to “achieve the same level of success as last year and then some” when it comes to attracting new fund listings in 2014.

Receivers accused of 'outrageous privacy invasion'

A Bahamian realtor has accused the former receivers for Abaco’s Orchid Bay project of “an extensive and outrageous invasion of privacy”, and denied inferences that he or his family had “behaved in any way fraudulently”.

Insurer at the 'mountain top'

A Bahamian insurer yesterday reached “the mountain top” after being upgraded to the industry’s highest-possible financial strength rating, revealing that its 50 per cent profit retention policy had ‘paid dividends’.

Bahamas 'can't survive many' banker detention-type hits

The Bahamas “cannot survive many incidents” similar to this week’s detention of a senior UBS banker, a leading QC warning it will reinforce perceptions in some quarters that this nation has a “hostile” Immigration policy.

Immigration 'driving business from nation'

The Immigration Department was yesterday accused of “systematically driving business from this country”, as the Government moved swiftly to contain any negative fallout from Tuesday’s detention of a top UBS (Bahamas) executive.

CIBC eyes lay-offs for 10% staff cost cutting

CIBC FirstCaribbean International Bank (Bahamas) last night warned lay-offs were imminent as the bank moves to cut regional staffing costs by 10 per cent, with at least 12 employees having already accepted voluntary separation packages to-date.

Gospel musician champions 'No VAT' campaign

By JEFFARAH GIBSON

Top bank executive detained at immigration road block

An executive of an offshore bank at New Providence was taken into custody and held at the Carmichael Road Detention Centre yesterday as part of the continuing the crackdown by Immigration officials.

Palm Cay shares the New Year spotlight in New York

WHEN the famed ball dropped in Times Square ushering in a new year of hope and promise, it was more than just the 2,688 Waterford Crystals that shone – a waterfront development in the Bahamas flashed on the huge screen as an estimated one billion people around the world watched.

The Tribune

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