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Governor: Profit repatriation tax would deter investment
The Central Bank's governor has warned against introducing a tax that solely targets profit repatriation on the grounds that it may deter foreign direct investment (FDI) into The Bahamas.
Bahamas failing to fully exploiting trade deals
The Prime Minister says Bahamian businesses are failing to properly exploit trade agreements that would give them preferential export access and potentially lower the cost of imports.
PM: Family Islands 'must not be left out'
The Prime Minister says the Family Islands must "not be left out" as he pointed to "major" investments in those locations and the $1.5bn project pipeline for Grand Bahama.
Soaring crime rate 'impacting EMS staff mentally'
NATIONAL Emergency Medical Services Deputy Director Kevin Bell said the soaring crime rate is having a “tremendous impact” on staff members mentally and efforts are being made for more mental healthcare avenues.
Man jailed for breaking into former girlfriend's house, causing over $4,000 worth of damage
A MAN was sentenced to six months in prison on Friday after he admitted to breaking into his former girlfriend’s house last month and setting fire to over $4,000 worth of her property out of revenge.
ERIC WIBERG: The Eleutheran Adventurers and William Sayle’s early days
THE story of the Eleutheran Adventurers is woven deeply into the fabric of national identity. The general themes are of escaping religious prosecution to take great risks by sailing to unknown shores – so far that is like the Puritan’s voyage in the Mayflower from England to New England’s Plymouth Rock.
Tax environment ‘worrisome’ for Bahamas-keen investors
A SENIOR accountant yesterday suggested The Bahamas should "pause" to assess whether its tax structure and mooted reforms are making the jurisdiction sufficiently attractive to investors.
NPBA Recap: CB Giants, Cyber Tech Blue Marlins remain undefeated
THE Commonwealth Bank Giants, the reigning division one champions, along with the Cyber Tech Blue Marlins reeled in emphatic victories against the Sunlight Cottage Stampers and Mekaddish Millionaires in Wednesday’s action for the New Providence Basketball Association (NPBA).
Crying wolf too often on crime?
I have postulated before and I will do so again, in saying, without fear of contradiction that crime, per se, is not out of control. Yes, it is to be readily admitted that the inordinate spike in alleged homicides is problematic, but most all other types of crimes and criminal offences are trending downwards. Mind you, any type of crime poses destabilising effects of the economy and national life but, I submit, the average Bahamian is apparently getting hysterical or worse.
Albany chief faces ‘largest insider trading’ fine for decade at $50m
THE Bahamas-based billionaire who led Albany’s development will pay “the largest financial penalty for insider trading in a decade” at $50m after he yesterday pleaded guilty to perpetrating a securities fraud.
‘Moral imperative’ to boost financial watchdog’s staff
THE Government’s top financial watchdog has warned that “insufficient” staffing and resources are undermining its ability to protect Bahamians and hold successive administrations to account.
Sonja Knowles Track Classic on Saturday
THE fourth edition of the Sonja Knowles Track Classic returns to the original Thomas A Robinson Stadium this Saturday and Sunday with a new timing system to facilitate a quicker and more efficient track meet.
France should lead in helping Haiti, not The Bahamas and CARICOM
I read carefully the words of Prime Minister Philip "Brave" Davis at the 19th Summit of the Non-Aligned Movement in Africa regarding the well-documented plight of Haiti.
Israel is deserving of our support
Now that Alicia Wallace has produced a long column on the grievances of Palestinians we shall look forward to another column on the problems which Israel has experienced for decades with hostile neighbours.
British billionaire and Albany developer Joe Lewis pleads guilty in insider trading case
British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, pleaded guilty Wednesday to insider trading and conspiracy charges in New York, saying he knew that sharing nonpublic information about publicly traded companies was wrong and that his crimes have left him "so embarrassed."
Gov't 'on target' for 60-day contract unveiling by March
The Government's top procurement official yesterday predicted that it will be "on target" to disclose all contract awards within 60 days - as required by law - come March 2024.
Balmoral condo hotel appeals may be joined
The planning authorities will decide on February 15 whether to combine two appeals over the Balmoral Club's plans to develop a condo hotel into one hearing.
Garvin Clarke named Player of Week again
For the second time this year as he makes his transition from the University of Akron to the Indiana University of Pennsylvania, Garvin Clarke has been named the Pennsylvania State Athletic Conference (PSAC) West Athlete of the Week.
Minister: National stadium ‘repairs are going quite well’
CONCERNS have mounted as repairs continue at the Thomas A Robinson National Stadium and Betty Kelly- Kenning Aquatic Centre about whether the renovations of both venues will be completed in time for the 2024 CARIFTA Aquatics Championships and World Athletics Relays in March and May respectively.
Approval delays cost ex-Olympic swimmer
Planning authorities yesterday informed a former Olympic swimmer that there are no legal restrictions that can block the proposed expansion of his Rose Island beach day excursion.