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Sandyport resort's 14% occupancy rise
Sandyport’s existing report has enjoyed a 14 per cent year-over-year occupancy increase for 2014 to-date, its developer yesterday telling Tribune Business: “We’re feeling bullish about Bahamian tourism.”
Water Corp targets 60% private well use
THE Water and Sewerage Corporation (WSC) is aiming to expand its customer base “as much as possible”, its general manager telling Tribune Business yesterday it wanted to win back the 60 per cent of New Providence residents currently using private wells.
Oil explorer talks $20bn and counters deal critics
The Government will earn more than $20 billion in royalty revenues if the Bahamas Petroleum Company (BPC) discovers one billion barrels of oil in this nation’s waters, the company’s chairman revealed yesterday.
‘Writing’s on the wall’ on income tax reform
The Bahamas must see “the writing on the wall” and get ahead of the worldwide 15 percent minimum corporate tax push by enacting reforms for its own benefit, a top banker said yesterday.
Minister rejects call for VAT exemptions
A Cabinet minister yesterday said it was “oversimplistic” and “problematic” to call for Value-Added Tax (VAT) to be removed from food items and other staple products.
Chamber chief blasts VAT refund ‘disgrace’
Grand Bahama’s Chamber of Commerce president yesterday said it was “shameful and disgraceful” that companies have not been receiving timely Value-Added Tax (VAT) refunds.
Facebook adds more Snapchat-like features
Facebook is adding more Snapchat-like features to its app. The company says it wants to let your camera “do the talking” as more people are posting photos and videos instead of blocks of text.
Growth, fiscal ‘reality’ will strike on May 11
“Immediate focus” must be given to economic growth and development by the incoming administration, the Chamber of Commerce’s chairman said yesterday, adding that there must be clear communication of its fiscal and economic strategy.
More businesses added to exemption list
The government has added more businesses and services that are exempt from emergency order restrictions during the COVID-19 state of emergency.
Cycle your way to a fitter life
Park your car, throw away the keys, jump on your bike and make your noble contribution to climate change!
Tourism set to grow religion’s 10-15% group market share
THE Ministry of Tourism is committed to greater investment and involvement in religious tourism, its director-general saying it aimed to grow the sector’s 10-15 per cent share of the Bahamas’ overall group business.
Cuban hearings resume this week
THE hearings into the alleged abuse of Cuban detainees by Defence Force marines at the Carmichael Road Detention Centre earlier this year will resume on Wednesday, the lawyer for the marines, Wayne Munroe, said yesterday.
Gov't selects VAT system software
The Government’s Value-Added Tax (VAT) implementation team has selected Data Torque’s software to run the IT system for its new tax.
BGDBA Playoffs: Cybots and Avengers go up 1-0 in first round
The Bain and Grants Town Cybots and Airport Authority Avengers nabbed the first wins in their round one playoff matchups.
Save the Bays chairman warns on oil 'dark ages'
An environmental activist yesterday warned that the Government was taking The Bahamas back to “the dark ages” by entertaining petroleum industry investments. Save the Bays chairman Joseph Darville yesterday urged the Minnis administration to “come cl
PM pledges radical action to take on crime
PRIME Minister Perry Christie yesterday charged that the government will have to take radical action to positively impact the nation’s crime problem.
PM urged: ‘Get offensive’ to reclaim local economy
The prime minister has been urged by a local financial provider to “take the offensive and regain control of our domestic economy” by clearly differentiating it from the international sector.
Hield tips in winning basket in overtime
Chavano “Buddy” Hield’s late-game heroics helped the Sacramento Kings open the 2020-21 campaign with a thrilling win in the first overtime game of the season.
Union seeking answers as CIBC sale collapses
A trade union leader is today hoping to today discover whether CIBC’s efforts to exit majority FirstCaribbean ownership have hit “the end of the road” following the collapse of a $797m deal.
Colombian CIBC sale goes ahead
The deputy prime minister has voiced optimism that CIBC’s sale of majority control in its Bahamian and regional affiliate will be “positive” given the buyer’s reputation for innovation.
