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Jonquel, Liberty advance to WNBA playoff semifinals
WOMEN’S National Basketball Association (WNBA) player Jonquel Jones posted her second straight double double to complete the 2-0 sweep against the Washington Mystics last night.
BaptistBasketballLeagueheats up
MACEDONIA Baptist and Temple Fellowship split their head-to-head match-up Saturday as the Baptist Sports Council continued its 2012 Basketball League at Baillou Hills Sporting Complex. In the 15-and-under division, three-time defending champions Macedonia
Mega resorts disclose ‘bright’ COVID revival
The Bahamas’ two mega resorts yesterday branded their post-COVID recovery as “very bright” with Baha Mar revealing that “business on the books” for early 2022 is ten percent ahead of 2019 levels.
Taxation out even if no recovery by end-2021
The government yesterday ruled out new and/or increased taxes to cure its fiscal woes even if the Bahamian economy has failed to recover from COVID-19 by winter 2021. K Peter Turnquest, deputy prime minister, speaking at a post-budget press conferen
At 'breaking point' on 30-40% tax burden
A leading accountant yesterday urged the Government not to enact reforms that would increase the existing 30-40 per cent tax burden on Bahamians, warning that many were “at their breaking point right now”.
Customer services makes for ‘phenomenal’ firms
Transitioning a business from “mediocre to phenomenal” begins with customer service, an international speaker and lead trainer said yesterday, adding that few companies grasp this concept.
‘Transformational shot’ from new industry park
Freeport’s economy will receive “a transformational shot in the arm” from a 300-acre light industrial park venture, which will see an $18 million first phase investment.
Joaquin borrowing still ‘a final option’
The Government will only borrow money to finance Hurricane Joaquin-related reconstruction as “a final option”, a Cabinet Minister confirming that Value-Added Tax (VAT) revenues would be used to defray some spending.
Port unveils VAT training initiative
The Grand Bahama Port Authority (GBPA) yesterday announced plans to launch Value Added Tax (VAT) readiness training for businesses in the coming weeks.
Central Bank forecasts mildly positive growth
THE Bahamian economy will maintain its mildly positive growth path over the near term according to the Central Bank, which has noted that the fiscal sector outlook will continue to depend on the success of government measures to strengthen revenue collections and restrain expenditure growth.
Best-of-3 championship series all set for BSC basketball league
THE best-of-three championship series for the Baptist Sports Council’s 2016 Basketball League is all set.
Local excursion operators: Tax foreign charters more
Bahamian excursion operators yesterday said this nation should ban foreign yacht charters on vessels below a certain length as well as requiring this sector to pay Business Licence and work permits fees.
DPM unveils ‘authentic product incubation’ plan
The deputy prime minister has unveiled plans to create a “Bahamian product incubation centre” for downtown Nassau by year-end in a bid to address the “shockingly” low number of entrepreneurs selling local, authentic product.
Yacht charters able to aid cruise conversion
Charter yacht industry participants say the sector can play a key role in converting cruise passengers to higher spending stopover visitors.
Eleuthera 'improvises' with dock as Glass Window shut
ELEUTHERA residents have “had to improvise” to facilitate movement between the island’s north and south after the “vital commercial link” of the Glass Window Bridge was closed by high swells.Ivan Ferguson, the Family Island administrator for North El
Chamber to ‘hold Govt to account’ on VAT extension
The Chamber of Commerce’s chairman yesterday pledged to “hold the Government to account” over Value-Added Tax (VAT) filing extensions granted to businesses hit hard by Hurricane Matthew.
Abaco to get VAT relief immediately
PRIME Minister Dr Hubert Minnis has announced the drafting of an order to immediately make Abaco a value added tax-free zone.The order, when enforced, would override government’s previously announced start date of December 1.However, the change will
Retailers moving swiftly on Christmas inventory
Bahamian retailers are moving swiftly to ensure they have sufficient inventory for the upcoming Christmas holiday season as concerns mount elsewhere about the impact of supply chain shortages and backlogs.
Ex-DPM backing 2023 for full COVID rebound
The former deputy prime minister yesterday backed the Central Bank’s assessment that the Bahamian economy will not fully recover from COVID-19 until 2023, with much depending on how the latest case surge is handled.
Royal Caribbean chief: Private isles don’t hurt Nassau
Royal Caribbean’s top executive has refuted arguments that the cruise industry’s reliance on its Bahamian private islands is hurting Nassau, adding that there are “opportunities’” to improve the latter’s product.
