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Fidelity’s ‘ace in hole’ on $25m profit target
A BISX-listed bank has an “ace in the hole” when it comes to hitting its $25m profits target for 2022, its top executive revealed yesterday.
Chamber chief ‘astounded’ by 4,000 VAT payers
The Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chief executive yesterday said he was “astounded” by government figures showing less than 4,000 companies would be liable to pay Value Added Tax (VAT), adding that this emphasised the urgency of passing legislation designed to strengthen the small business sector.
Citi Bahamas Celebrates 12thAnnual Global Community Day
CITI Bahamas celebrated its 12th annual Global Community Day on June 10 with approximately 250 Citi volunteers in Nassau joining the efforts of nearly 100,000 of their colleagues, family and friends in 500 cities in 91 countries and territories to en
Bahamasair suspends flights to Haiti’s capital
Bahamasair’s weekly jet service to Cape Haitien has been “leaving full every time” even though service to the country’s capital has been suspended from January 28, its managing director revealed yesterday.
‘Complete disaster’ for 2,026 Baha Mar workers
The Government’s Baha Mar ‘liquidation strategy’ was yesterday branded “a complete disaster” by a former Board director, after the Supreme Court authorised the termination of 2,026 employees.
Insurers want same VAT treatment for all
The Bahamas Insurance Association’s (BIA) chairman has called for all property and casualty products to receive the same VAT treatment, adding that exempt status is “not the way to go”.Emmanuel Komolafe admitted to Tribune Business that he was “caugh
‘Cut suit to fit the cloth’: Movie demand off 85%
Galleria Cinemas must “cut the suit to fit the cloth”, its principal asserted yesterday, with consumer demand for cinema showings down “as much as 85 percent” compared to pre-COVID.
Ex-Cabinet minister in $2m crowdfund raise
A former Cabinet minister yesterday revealed he is targeting a maximum $2m capital raise via the ArawakX crowdfunding platform as he bids to expand his food treatment network throughout The Bahamas and the Caribbean.
BPL customers criticise light bills increase
Bahamas Power and Light customers yesterday criticised the government’s decision to increase light bills through its rate reduction bond, which will allow for additional charges to be added to customer’s monthly bills starting 2020.
COB Caribs complete 2-game sweep over Bantams
AS they prepare to complete the transition toward university status, the College/University of the Bahamas protected home court in their last act as the Caribs.
Ravens are champions of Flag Football League
FOR the second time in three years, the Summit Academy Ravens are the champions of the Bahamas Flag Football League.
Income tax is ‘not on table’
A Cabinet minister yesterday said income tax is “not on the table” although he appeared to leave open the possibility of replacing Business Licence fees with a corporate version.
Treasure Cay project sees 'shift in tides'
The Treasure Cay project that came under fire from both Abaconians and environmentalists yesterday said it had been assured its dredging permit was “imminent”, adding that local sentiment had shifted in favour of the development.
Parker on fire as Spurs take 2-0 lead
SAN ANTONIO (AP) -- San Antonio is halfway to turning the Western Conference finals into a runaway. Tony Parker scored 34 points, Manu Ginobili added 20 and the Spurs stayed perfect in the playoffs with a 120-111 win over the Oklahoma City Thunder in Game
Big Red Machine win six of eight divisional titles
THE Bahamas Association of Athletic Associations’ test run over the weekend completed the final standings for the National High School Track and Field Championships with the St Augustine’s College Big Red Machine securing five of the eight divisional titles.
DIANE PHILLIPS: A possible solution for Bahamians to benefit in the hospitality industry
Created just 15 years ago by two friends who rented out an air mattress on their floor when a major event sucked up all the hotel rooms in San Francisco, Airbnb has turned the short-term vacation industry on its head.
Sir Durward ‘Sea Wolf’ Knowles dies
NO matter who you asked, everybody had a different version of how they remembered the legendary Sir Durward ‘Sea Wolf’ Knowles.
INSIGHT: Why public approval is vital for effective policing
Former Assistant Police Commissioner Paul Thompson explains the need for strong and trusting relations between the force and society . . .
Sandals aiming to hold 'mid-90' occupancies until August
SANDALS Royal Bahamian saw a "fairly healthy May and June", its general manager, Patrick Drake, telling Tribune Business that the all-inclusive resort was running at 90 per cent occupancy - a level it expects to hold until about mid-August.
Anthaya Charlton wins gold, breaks record at NACAC championships
ANTHAYA Charlton added another historic performance for the Bahamas as the 10th North American, Central American and Caribbean U-18 and Under-23 Championships got underway in Queretato, Mexico.