"%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

Beware the promises of the national health scheme

WE HAVE been told that the report for the introduction of a National Health scheme, prepared by Sanigest Internacional, a Costa Rican firm, which was delivered to the government on October 12 last year, is not for general consumption.

MP: What about existing web shop loans?

The Gaming Bill and accompanying regulatory package fails to address the multi-million dollar ‘parallel banking system’ created by a web shop industry that is unlikely to “suddenly give that up”, Tribune Business was told yesterday.

Canada’s crime warning reinforces tourism fears

The upgraded travel warning on “high rates of crime” in the Bahamas, issued by this nation’s fastest-growing tourism market, yesterday reinforced the industry’s fears about the immense potential damage the recent surge in violence could cause.

Auto dealers fear VAT 'perfect storm'

Bahamian auto dealers yesterday said they feared Value-Added Tax (VAT) would combine with a flat economy to create “another perfect storm”, with new car sales still 45 per cent below their 2007 peak.

'Comprehensive list' of all outstanding VAT issues sought

The Coalition for Responsible Taxation’s co-chairman yesterday urged that a “comprehensive list” of all outstanding Value-Added Tax (VAT) issues be drawn up, with matters involving ‘inclusive’ pricing, loan origination fees and homeowners associations all still unresolved.

$100m bank rescue 'no reflection' on Board and managers

Bank of the Bahamas’ $100 million rescue is “not an adverse reflection” on its management or Board, but epitomises a commercial bank “reality” that was last week reiterated by Scotiabank’s nine-digit Caribbean writedown.

SEC blasts broker’s ‘intent to conceal’

A Bahamian broker/dealer’s lawsuit against the Securities Commission proves its “stubborn intent to hide” thousands of documents relevant to a New York court battle, US federal regulators are alleging.

‘We can’t defy Bahamian law’, broker tells SEC

A Bahamian broker/dealer and its principal are arguing that they “cannot defy” Bahamian law, and expose themselves to client lawsuits, simply because US federal regulators have chosen to do so.

Contractor 'grind' over Baha Mar pay delays

Bahamian contractors yesterday disclosed it was “a grind” to obtain timely payment for work done on the $3.5 billion Baha Mar project, with waits up to 90-120 days hitting cash flow and eating into already-thin profit margins.

Income tax 'on horizon' within next 10 years

A Tax Coalition co-chair yesterday said he believes a Bahamian income tax will be “the subject of great discussion, if not already on the books”, within a decade due to it being the only equitable reform option.

‘Non-compliance’ forces Sports Authority into $237,000 write-off

The National Sports Authority has effectively been forced to write-off $237,000 due to “non-compliance” by users of the Thomas A. Robinson stadium in paying rental fees.

Insurers fear 'force feeding' over VAT

Family Guardian’s president wants the duration of insurance products, rather than type, to determine their Value-Added Tax (VAT) treatment amid fears that underwriters will be forced to “eat” the tax.

'Significant risk' from VAT registrant doubling

The Government is taking “a significant risk” if it believes just 4,000 businesses will register for Value-Added Tax (VAT), a Tax Coalition co-chair yesterday predicting the number might be double that.

BOB needs $30m capital injection

Bank of the Bahamas needs to increase its capital base by $30 million to meet global regulatory requirements, with its Board now assessing “various options” to achieve this.

S&P: Primary surplus key to stable rating

The Government will take a major step towards convincing Standard & Poor’s (S&P) to maintain the Bahamas’ ‘investment grade’ rating if it can hit primary Budget surplus targets from the 2015-2016 fiscal year onwards.

Sir Franklyn urges Cable to meet the ‘highest standards’

Sir Franklyn Wilson has urged Cable Bahamas to “meet the highest standards of transparency and accountability” following the issuance of its new mobile licence.

Governor eyes IMF-beating 4-6% GDP growth for 2023

The Central Bank’s governor yesterday forecast that The Bahamas could beat International Monetary Fund (IMF) projections by growing its economy “anywhere in the 4-6 percent range” for 2023.

Avoid ‘jack up numbers’ on Business Licence renewal

Companies are only suffering delayed Business Licence renewals if they have “jack up numbers” and are unable to provide proof of income, a small business consultant and activist argued yesterday.

Judge bids to protect $2.3m for City Markets pensioners

The Supreme Court has upheld an injunction seeking to preserve $2.288m for the benefit of City Markets pensioners even though 75 percent of this sum may already have been paid out to “third parties”.

Esso dealers fearing rent hikes will hit all

The Bahamas Petroleum Retailers Association’s vice-president yesterday said he is “very, very concerned” by a dispute that has left one Esso dealer fearing he has no choice but to “give them back their station”.

The Tribune

All results / Stories

Sort By

Date

Authors