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VAT fears for private healthcare coverage
Doctors Hospital’s president yesterday said he was “very concerned” about the potential for Value-Added Tax (VAT) to increase healthcare costs.
VAT fears for private Healthcare coverage
By NEIL HARTNELL
Letter: PM should accept FOCOL plan
Executive Chairman of the Bahamas Electricity Corporation (BEC) Leslie Miller and the Progressive Liberal Party (PLP) government are both determined to follow through with their pledge to offer a 10 per cent discount in their light bills to BEC customers in the not-too-distant future
Charged broker waits five months for Commission's liquidation backing
A Bahamian broker/dealer facing two US lawsuits has been waiting over five months for the Securities Commission of the Bahamas to approve its liquidation plan.
BEC 'stability' fears delay renewable energy
By NEIL HARTNELL
CIBC Trust fights $113m fraudster
By NEIL HARTNELL
TOUGH CALL: Tax justice and what it would mean for the Bahamian economy
IN July, the Observer newspaper in Britain published an exhaustive study by the Tax Justice Network asserting that at least $21 trillion of unreported private financial wealth was hidden in secret tax havens by the global super-rich elite at the end of 2010 – a sum equal to the combined size of the American and Japanese economies.
Colina Insurance in outlook boost
The Bahamas’ largest life and health insurer yesterday received a boost from the industry’s top rating agency, which upgraded the company’s outlook to ‘stable’ from ‘negative’.
LJ Rose to play for Houston Cougars
HOUSTON Cougars transfer LJ Rose will not have to wait the customary season on the sidelines before he takes the court for his new programme this fall.
'Changing landscape' doubles realtor's foreign web share
A well-known realtor yesterday said international visitors had more than doubled their share of ‘hits’ on his website, after he expanded into the luxury market within the last six months.
'No reason to delay' renewable energy until 2014
There is “no reason” for the Government to delay decisions on renewable energy proposals until 2014, a leading proponent yesterday calling for it to reintroduce the recently-withdrawn tender for Family Island project.
'Limits on firms paying VAT is discriminatory'
THE proposal from government to only require Value Added Tax from companies making more than $50,000 in profits is discriminatory, according to director and operations manager of Nassau Motor Company Rick Lowe.
RBC Wealth Management appoints co-heads
RBC Wealth Management, part of Royal Bank of Canada, has announced the appointment of David Foster and Mike Adams as co-heads of the Caribbean business, based in Cayman and Barbados respectively.
NPIF reports 7.25% return year-to-date
THE New Providence Income Fund Ltd (NPIF) launched by Sterling Financial Group last January, has reported a year-to-date return of 7.25 per cent to its investors.
Dame Marguerite launches Red Cross grand raffle
DAME Marguerite Pindling launched the Bahamas Red Cross Society’s Grand Raffle yesterday as the charity hopes to recoup critical shortfalls from this year’s fair.
Consolidated Water reports two percent revenue increase
THE BISX-listed Consolidated Water Company Ltd (CWCO) is reporting improved operating results and for the 2013 second quarter and first half of 2013, with total revenues for the quarter increasing two per cent to approximately $16.6 million.
Lourawls 61st ranked basketball player in America for class of 2014
By RENALDO DORSETT
Port urged: Dispel 'closed shop' myth
The Grand Bahama Port Authority (GBPA) has been urged to stimulate investment by Nassau’s business community, a top QC saying it needed to dispel the notion that Freeport was a “closed shop”.
Vat branded as 'huge mistake'
The Bahamas is making “a huge mistake” in introducing a Value-Added Tax (VAT), a prominent financial services provider arguing that it should instead implement a 2 per cent corporate income tax.
It's a first as Giants stun Jaspers 88-82
THE Manhattan College Jaspers were hoping to return home to Riverdale, New York, with a perfect run through the Bahamas Basketball Federation’s 5th annual BTC Summer of Thunder Classic in the Bahamas.
