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$10m to be borrowed to fix flaws in social services
By LAMECH JOHNSON Tribune Staff Reporter ljohnson@tribunemedia.net THE government is set to borrow $10 million from the Inter-American Development Bank to correct serious flaws in the Ministry of Social Services and its various assistance programmes for
$10m to be borrowed to fix flaws in social services
By LAMECH JOHNSON Tribune Staff Reporter ljohnson@tribunemedia.net THE government is set to borrow $10 million from the Inter-American Development Bank to correct serious flaws in the Ministry of Social Services and its various assistance programmes for
$10m to be borrowed to fix flaws in social services
By LAMECH JOHNSON Tribune Staff Reporter ljohnson@tribunemedia.net THE government is set to borrow $10 million from the Inter-American Development Bank to correct serious flaws in the Ministry of Social Services and its various assistance programmes for
$10m to be borrowed to fix flaws in social services
By LAMECH JOHNSON Tribune Staff Reporter ljohnson@tribunemedia.net THE government is set to borrow $10 million from the Inter-American Development Bank to correct serious flaws in the Ministry of Social Services and its various assistance programmes for
Realtor partners with Florida airplane firm
A BAHAMIAN real estate firm is teaming up with a Florida-based seaplane outfit to allow clients to explore options throughout the Bahamas “in style”.Gavin Christie, C.A. Christie Real Estate’s managing partner, yesterday told Tribune Business the fir
Company removes 'boat load of harbour garbage'
A Bahamian mosquito control firm has cleaned up Nassau Harbour by removing a “boat load of garbage” from the water and bushes along the western Paradise Island shoreline. Bahamas Mosquito Fogging Company collected plastic, styrofoam, tyres, nets, ro
PM 'not minded' to allow oil drilling
PRIME Minister Philip Davis said he is “not minded” to allow oil drilling in The Bahamas and is completely opposed to oil exploitation in the country.
Kaitlyn first Bahamian female to participate in collegiate water polo
KAITLYN Williams, the first Bahamian female to participate in collegiate water polo, scored a goal as the Iona Gaels women’s water polo picked up a 15-13 overtime win over Salem over the weekend.
Bahamas in estate planning 'uptick'
THE Bahamas has seen an “uptick” in interest for estate planning services, it was noted yesterday, particularly from countries such as Mexico, Brazil and Canada.
Bahamas tops Caribbean on Brazil air benefits
The Bahamas would benefit the most out of four Caribbean countries from starting a direct flight between Nassau and the Brazilian city of Sao Paolo, an Inter-American Development Bank (IDB) report has suggested.
Gov’t urged: Keep VAT ‘simple’ for real estate
A leading realtor yesterday urged the Government to eliminate potential market “confusion” by reducing the Value-Added Tax (VAT) rate on conveyances to 5 per cent, thereby maintaining the existing tax split.
Clarke and Blazers suffer second straight match loss
SYDNEY Clarke and her University of Arlington Blazers at Birmingham suffered their second straight match loss, dropping a 5-2 decision to the Georgia Tech Yellow Jackets on Friday at the Ken Byers Tennis Complex in Atlanta.
Brewery’s $1.331m loss exposes COVID fall-out
Commonwealth Brewery yesterday unveiled a negative $11.685m bottom line reversal as full-year 2020 revenues slumped by 28.4 percent due to COVID-19’s economic devastation.
Local insurers in $85m Dorian loss
The Bahamian insurance industry’s share of Hurricane Dorian losses is a collective net $85m, industry regulators revealed yesterday. Jamel Bodie, the Insurance Commission of The Bahamas (ICB) supervision manager, told the Accountants’ Week conferenc
Taking risks helps progress
According to former US president Franklin D Roosevelt, “The test of our progress is not whether we add more to the abundance of those who have much it is whether we provide enough for those who have little”.
Minister seeking to 'level playing field' on redundancy
LABOUR Minister Shane Gibson yesterday emphasized the need for a strengthened social safety net for workers in cases of redundancy, telling Parliament his ministry was looking at ways to “level the playing field” and ensure measures were in place for employees to receive compensation.
Arawak Port warns of 48% profits fall
Arawak Port Development Company (APD) has effectively delivered a profits warning to shareholders, projecting that net income for its 2016 financial year is likely to fall almost 48 per cent year-over-year.
Freeport services VAT: 'No Gov't revenue gain'
The Government’s plan to levy Value-Added Tax (VAT) on services transactions between Grand Bahama Port Authority (GBPA) licensees was yesterday described as “peculiar”, given that it would likely generate zero revenue for the Public Treasury.
NAD eyes fee rise after $15.1m loss
The Nassau Airport Development Company (NAD) is currently mulling another fee increase, as it predicts a “few more years” of losses following $15.1 million in ‘red ink’ incurred during its 2015 financial year.
Ex-Cabinet minister urges: ‘Rescue financial services’
An ex-Cabinet minister yesterday urged the Bahamas to move rapidly in rescuing its financial services industry, which he warned was “under tremendous strain”.
