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Banks to ‘double’ VAT recovery.... to just 10%
The Bahamian banking industry is hopeful it might be able to recover ‘double’ the amount of Value-Added Tax (VAT) inputs than previously thought, as one institution yesterday revealed its total tax burden will increase by $6-$7 million in two years.
‘It doesn’t jive’: Gov’t spending outpaces revenue
THE Government’s recurrent spending continued to grow at a faster rate than revenues during the 2014-2015 Budget year’s first half, with the Opposition yesterday arguing that the Prime Minister’s optimism “doesn’t jive” with the fiscal reality.
Skills transfer woe still a ‘sad reality’
The Bahamas must change “the sad reality” that key skills and knowledge are not being passed on to local workers by expatriate work permit holders, a prominent contractor argued yesterday.
ONE ELEUTHERA FOUNDATION: Regenerative agriculture - it’s a win-win situation
IN our day and age, we look around the world and see so many environmental problems, many of which seem unsolvable. It is rare to find a solution as simple and as impactful as the practice of Regenerative Agriculture.
BISX Micro Listing Tier 'no brainer'
ESTABLISHING a micro listing facility for small and medium-sized Bahamian companies seeking up to $1 million in capital is among the "major things" the Bahamas International Securities Exchange's (BISX) chief executive is hoping to accomplish by June 2012, expressing hope the exchange could "partner" with the newly-elected PLP government on this and other initiatives.
Bahamas can be 'Atlantic air hub'
The Bahamas has the potential to become an "Atlantic transshipment hub" between Latin America and Europe, a senior KPMG executive believes, adding that this nation's "60 per cent GDP" tourism dependency meant it was bound to suffer more than other nations during the recession.
Activists fear ‘total decimation’ of PI site by Royal Caribbean
BAHAMIAN environmental activists yesterday reiterated fears that Royal Caribbean’s $100m beach club project will cause “total decimation” of western Paradise Island despite assurances to the contrary.
‘Banner-breaking’ 38% visitor rise in Eleuthera
Eleuthera has followed a “banner-breaking” December for stopover visitors with a 38 percent year-over-year increase in such arrivals for 2023’s first two months, it was revealed yesterday.
Fund manager to be ‘little more defensive’
A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.
Developer’s fears on home construction ‘horror stories’
Construction materials shortages and COVID-19 will combine to create “horror stories” for Bahamians in the process of building their own homes, a prominent developer predicted yesterday.
Retailer's 'hard decision' to exit Mall at Marathon
A Bahamian retailer yesterday said high rental rates combined with the ongoing uncertainty over COVID-19 restrictions had given it no choice but to exit its space at the Mall at Marathon.
Test strips could end lockdown
The response to the COVID-19 pandemic has created a public health and economic crisis leading to psychological suffering and economic pain for all Bahamians.
Woods returns with solid round and good start in Bahamas
NASSAU, Bahamas (AP) — Tiger Woods looked a lot better in his return to golf than he did when he left.
WORLD VIEW: Structure not ad-hoc agendas key to US-Caribbean relations
MUCH has been said about the government of the United States of America cutting off aid to countries which do not support that country’s position in international organisations.
UPDATED: Remnant of Tropical Storm Beryl sweeps onto Dominica
Beryl, which had been the Atlantic season's first hurricane, disintegrated as a tropical storm shortly before reaching Dominica on Sunday. But the US National Hurricane Center said it still had maximum sustained winds of 45 mph (75 kph) as it zipped over Dominica moving west-northwestward at 26 mph (43 kph).
Bahamians seek to manage Abaco port
A BAHAMIAN group with 30 years experience in the maritime industry have made a bid to manage and operate Abaco’s container port as the $40m development in Cooper’s Town nears completion.
ALICIA WALLACE: We should applaud our judges for defending everyone’s rights
Following the holiday weekend the country is abuzz with news of the injunction granted by Supreme Court Justice Cheryl Grant-Thompson. The injunction pauses utility disconnections and evictions by the government until there is a judicial review of the government’s plan to bulldoze shanty towns.
INSIGHT: Nothing’s changed - second class citizens in our own country
SHOULD we really be surprised by how quickly the government acquiesced to the threats made by the Lyford Cay Association? A letter obtained by local media last weekend that was penned by the association’s chairman, Henry Cabot Lodge III, expressly indicated that homeowners in the exclusive community would sell and leave The Bahamas. These threats were made as a result of what Deputy Prime Minister and Minister of Finance Peter Turnquest called an “unintended impact” of changing the property tax laws.
‘Buddy’ Hield, Fox lead Kings to 113-92 rout of the Knicks
NEW YORK (AP) — Buddy Hield scored 22 points, De’Aaron Fox had 24 and the Sacramento Kings routed the New York Knicks 113-92 last night for their second straight victory following a 0-5 start.
New insight into the neurological impact of COVID-19: Virus can worsen strokes, affect brain and nervous system
WHILE there is at this time notenough data to prove that coronaviruscan be the root cause of neurological complications, medical professionals note that, like other viruses such as influenza, patients with COVID-19 may experience headaches, anosmia (loss of sense of smell), dizziness, Guillain-Barre syndrome (the immune system attacks your nerves), and even strokes.
