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‘Buddy’ scores 28 in loss to Ayton and Suns
DEANDRE Ayton and the Phoenix Suns got the edge in their first matchup of the season against Buddy Hield and the Sacramento Kings.
Tourist shoppers: VAT refund to fall to 85%
Visiting duty-free shoppers will be refunded 85 per cent of their Value-Added Tax (VAT) payments from July 1 this year, when the Government’s private sector contractor takes over management of the process.
'VAT holiday? Who's buying uniform for virtual school?'
Retailers are not enthused about the back to school value added tax (VAT) holiday set to run from August 31 to September 20.
Getting caught in the VAT net
Value-Added Tax (VAT) is a levy on profit in terms of the difference between the input cost and the amount billed. The Bahamian model is still evolving. No doubt, there will be more exemptions and exceptions. That said, we will undoubtedly be implementing it. The only doubt is when this will happen.
WORLD VIEW - The Caribbean: Facing a fatal fate
HIGH-tide flooding is set to become an every-other-day affair in coastal areas along the Gulf of Mexico and the East Coast of the United States of America by the year 2100. It will also fatally harm the countries of the Caribbean.
Waltiea Rolle: ‘I can still play a little more before saying goodbye’
WALTIEA Rolle has had a successful return to pro basketball this season, but the veteran centre still believes she has much room for growth to reach both her short term and long term goals.
IMF slashes Bahamas 2015 growth to 1.2%
The International Monetary Fund (IMF) yesterday slashed the Bahamas’ 2015 economic growth forecast to just 1.2 per cent, further “widening the gap” with the 7 per cent rate it says is needed to slash this nation’s near-14 per cent unemployment rate in half.
Baha Mar fury at Pointe claim
BAHA Mar’s former President Tom Dunlap has hit out at China Construction America (CCA), accusing the company’s Senior Vice President Daniel Liu of being a part of an organisation that gave little attention to Baha Mar.
Gov’t warned over Freeport ‘side deals’
The Government was yesterday warned not to agree any “side deals” with Freeport’s largest investors at the expense of all other businesses, should it ultimately decide not to renew the city’s expiring tax breaks long-term.
Baha Mar files for bankruptcy
Shock move by $3.5bn resort amid constructions deadlock
BAHA Mar CEO Sarkis Izmirlian announced yesterday that the $3.5bn Cable Beach mega resort has filed for Chapter 11 bankruptcy in a Delaware Court in the United States “in order to complete construction and successfully open”.
Jonquel Jones holds court for the George Washington Colonials
ALTHOUGH the George Washington Colonials women’s junior female basketball player will be the first to tell you that her team performances are the priority, Jonquel Jones just can’t help racking up the individual awards.
Fashion students gear up for Miss Bahamas Contest
For the second consecutive year, fashion design students and alumni of the Bahamas Technical and Vocational Institution (BTVI) will be creating designs for the Miss Bahamas Organisation’s (MBO) Top Model and Designer showcase competition.
Port: Freeport deal reached with Gov’t
The Grand Bahama Port Authority (GBPA) yesterday said it had reached agreement with the Government and key licensees on a deal to bring “ significant growth and job creation to Freeport”.
Port accused of ‘total abdication’ via MoU signing
A Freeport-based QC yesterday accused the Grand Bahama Port Authority (GBPA) of “complete abdication” of its regulatory and developmental obligations as a result of its agreement with the Government.
Back to school for PM as Class of '68 hands over donation
PRIME Minister Philip "Brave" Davis returned to his school days with a visit to St John's College, as the school received a donation of $160,000 on Friday from its class of 1968.
Trade Policy ‘won’t be Nassau centric’
The Bahamas Trade Commission’s chairman has pledged that the country’s national trade policy will not be “Nassau centric” as it seeks to complete consultation on the initiative by month’s end.
Gov’t to cut foreign debt portion in half
The Government is aiming to slash the portion of its debt held in foreign currency by more than 50 percent, a Cabinet minister said yesterday, as he reaffirmed the key components of its liability management strategy.
Serious crimes up on last year in Grand Bahama
SIX murders have been recorded on Grand Bahama so far this year and serious crimes are slightly up compared to last year, according to a senior police official.
Albury, Greene lead team to wins
THE Chipola coaching staff has raved about the contributions of its Bahamian stars as the team has continued its undefeated season and risen as high as no.4 in the national junior college rankings.
External reserves 'run-off' in 2012 no major concern
External reserves 'run-off' in 2012 no major concern By NEIL HARTNELL Tribune Business Editor While the Central Bank of the Bahamas is expecting "some run-off" in the nation's external reserves, its governor yesterday told Tribune Business any drop woul
