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Moody’s: Govt must broaden revenue
Moody's yesterday asserted that hitting the Government's fiscal targets "rests on broadening the revenue base" as a prominent banker urged the administration: "Stop saying no new taxes."
Memorial services to remember two ‘cultural giants’
YOUTH, Sports and Culture Minister Dr Daniel Johnson yesterday outlined plans to memorialise the life and work of two of the country’s most renowned “cultural giants” - entertainer Franklyn “Count Bernadino” Ellis and Junkanoo pioneer, Brian “Sir Boldy” Gibson.
Tax break may help 41,000 homeowners
Prime Minister Perry Christie yesterday said more than 41,000 homeowners could benefit from the Government’s decision to waive real property tax arrears for owner-occupied homes valued at less than $250,000.
Nassau targets 62.5% increase in cruise calls
Nassau Cruise Port is projecting a 62.5 percent in monthly cruise ship calls between September and December 2021, it was revealed yesterday, with demand exceeding available berths in the Christmas run-up.
'New' Rand Memorial Hospital nearly complete
Minister of State for Grand Bahama Kwasi Thompson has indicated that major rebuilding of “a new Rand Memorial Hospital” is nearly completed and should “see some normalcy” by late November.
54 deaths in car crashes in 2017
A TOTAL of 54 people died as a result of traffic accidents in 2017, according to Royal Bahamas Police Force crime statistics.
Grand Bahama Power Company reconnects 9,000 accounts
OF its 19,000 customers, Grand Bahama Power Company has reconnected some 9,000 accounts, representing 47 percent of its customer base, since Hurricane Dorian pummeled the island. Dave McGregor, CEO, said the company is making progress in getting pow
NCAA Basketball: Great expectations for Michael Carey Jr in senior season
EXPECTATIONS loom large for Michael Carey Jr headed into his senior season of college basketball.
Bahamas braced for Joaquin
THE Bahamas is bracing for the impact of Hurricane Joaquin, which strengthened into a category three hurricane in the Atlantic last night and is predicted to drop 10 to 15 inches of rain over San Salvador and Rum Cay today, with up to five inches expected over the rest of the central Bahamas.
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.
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.
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).
