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‘Don’t base corporate income tax decision on Shell $1.55bn’

The Bahamas must not implement a corporate income tax “on the narrow performance of entities” such as Shell which last year paid zero tax on its local subsidiary’s $1.55bn profits.

PLP candidate Kingsley Smith wins West Grand Bahama and Bimini by-election

ROUND UP: PLP candidate Kingsley Smith has won the West Grand Bahama and Bimini by-election. In the unofficial vote total, Mr Smith finished with 2,150 ahead of the FNM's Bishop Ricardo Grant with 1,276, Coalition of Independents leader Lincoln Bain with 307, DaQuan Swain, Independent, with 28 and Terneille Burrows, Independent, with four. Don't miss Thursday's Tribune with all the news and reaction from the day's events.

Deal’s ‘equal treatment’ for 53k FTX Bahamas claims

FTX’s Bahamian liquidators “are in the advanced stages” of negotiating a “global settlement” with their US counterpart that will ensure equal treatment for their near-53,000 creditors.

Commonwealth cuts loan delinquency by up to 5%

Commonwealth Bank says non-performing loans have reduced by between 1-5 percent across all credit segments since year-end 2022 as its portfolio expands faster than market growth.

BBFF can now boast of having 20 active professionals in the sport

WITH four more competitors earning their professional status this year, the Bahamas Bodybuilding and Fitness Federation can now boast of having 20 active professionals in the sport.

Better IP protection ‘great’ but creatives require more

The Government’s bid to create a dedicated intellectual property (IP) office was yesterday hailed by musicians as a “great” advance in helping to safeguard their creative works against piracy and theft.

Maritime Corps thriving - with some challenges

Recently, the instructors involved in the Bahamas Maritime Cadet Corps (BMCC) held a conclave to discuss both progress and challenges.

No Bahamas taxes on Shell’s $1.55bn profits

The case for imposing a corporate income tax was yesterday said to be have been strengthened by revelations that a Shell subsidiary paid not a cent in tax on $1.55bn of profits generated in The Bahamas.

REBELS RUN AWAY WITH BATTLE 4 ATLANTIS TITLE: Coach Yo - first Bahamian coach to win the crown - and Ole Miss make history

The University of Mississippi Ole Miss Rebels pulled off a decisive 60-49 win over the University of Michigan Wolverines in the championship round of the third Bad Boy Mowers Battle 4 Atlantis women’s tournament yesterday at the Imperial Arena, Paradise Island.

Baha Mar Hoops takes centre stage

THE 2023 Baha Mar Hoops Pink Flamingo Championships for 10 NCAA division one collegiate women’s teams got started yesterday at the Baha Mar Convention Center with the Georgia Bulldogs, Ohio State Buckeyes and Florida Gators all producing early victories.

WORLD VIEW – Guatemala: Lessons in the fight for democratic integrity

IT was a prophesy foretold – the eruption of violence in the face of attempts to disqualify from office a President and his party who were elected by the overwhelming majority of the electorate in Guatemala.

Chamber chief: Cost of living ‘is out of control’

Abaco’s Chamber of Commerce president says the cost of living is “getting out of control” as she warned the island can absorb no further hikes following the summer’s “exorbitant” light bills.

Stalls destroyed at Potter’s Cay after boat catches fire

A FIRE destroyed three stalls at Potter’s Cay Dock yesterday and significantly damaged two others.

Pro Boxer Rashield Williams wins again

IT didn’t take Rashield Williams that long to win his fourth professional boxing match for the year.

Sports Notes

THE New Providence Basketball Association continued its regular season action with a pair of games played at various gyms on Friday and Saturday night.

Saintus, Lightbourn victorious in Bahamas Half Marathon

CHRISTOPHER Saintus and Yunelis Lightbourn celebrated their second victories in the Bahamas Roadrunners’ Bahamas Half Marathon yesterday.

Triple murder accused gets eight month sentence for violation of bail conditions

A MAN on bail accused of a triple murder was sentenced to eight months in prison after he admitted to consistently failing to sign into his local police station.

Eric Wiberg – A budget and a dream that became a passion

Bomber on a budget. That’s what I chose to name my pyric missions to find the metal and scraps of old World War II aircraft in our country.

Long Island developers eye Diamond Crystal site revival

A developer aiming to transform the site of Long Island’s one-time largest employer yesterday pledged to “change the narrative” that “conservation and development are at odds” in The Bahamas.

Long Island developers hope for ‘quick’ approvals

Two developers targeting Long Island’s former Diamond Crystal plant with separate eco-tourism investments yesterday voiced optimism that the required approvals will be processed “very quickly”.

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