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Gov’t to phase-out VAT bi-annual filing

The Government is moving to eliminate the bi-annual filing of Value-Added Tax (VAT) returns by year-end, in a bid to boost its cash flow and obtain more consistent returns.

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Bahamians’ presence felt on MLB Pipeline’s Top 30 Prospects list

SINCE Major League Baseball (MLB) Pipeline began listing its top 30 prospects within each franchise for the upcoming 2019 season, Bahamians have been prominently featured.

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Rosa and crew lead field at Snipe World Masters

The restoration efforts from the effects of Hurricane Matthew have presented several challenges for the organisers of the Snipe World Championships Masters. However, the event continues this week at the Royal Nassau Sailing Club.

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Hotels eye 5-7% peak winter rate increases

A leading Bahamian hotelier yesterday said resorts were looking at a 5-7 per cent year-over-year room rate increase for the peak 2013 Winter season, adding that it was “premature to ring the Doomsday Bell” over the so-called US ‘fiscal cliff’.

DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012

By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti

DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012

By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti

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CIBC’s New Year halt to in-branch payments

CIBC FirstCaribbean last night justified its decision to halt physical in-branch transactions from January 3 - a move that will impact thousands of Bahamians - by asserting that 85 percent of clients are already using digital banking channels.

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Grant and Thunderwolves headed to Ontario University Association semi-finals

LEASHJA Grant and her Lakehead Thunderwolves are headed to the Ontario University Association semi-finals.

Banks: 25% never verified Building Code compliance

The Central Bank is urging all licensees to ensure their offices can withstand a Dorian-type Category Five hurricane after 25 per cent said they had never confirmed Bahamas Building Code compliance.

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Man shot dead in year’s 96th murder

A MAN is dead after a shooting incident in Coconut Grove early yesterday morning, police have said.

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Retailer 'can't afford to take risks blindly' after 80% sales fall

A Bahamian retailer has warned he and others "cannot afford to take blind risks any more" due to the Government's handling of COVID-19, with curb-side restrictions slashing his sales by 80 percent.

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Home owner tax breaks to aid 80% of new starts

AN ex-Bahamian Contractors Association (BCA) president yesterday hailed the Prime Minister’s home ownership tax breaks package for potentially boosting 80 percent of new construction starts, and said: “Better late than never.”

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Burrows, Augustin-Fairell make season debuts in France

THE French Pro A League tipped off the 2018-19 season and both Bahamian players made their season debuts.Jaraun “Kino” Burrows and his Fos-Sue-Mur Provence Byers competed in Pro A for the first time while Jonathan Augustin-Fairell played his first ga

Mr Prime Minister, is this not victimisation?

URBAN RENEWAL, the PLP’s solution to most of the country’s ills, has many Bahamians confused as to what it really is.

Competition fears on Super Value's City Markets 'deal'

By NEIL HARTNELL Tribune Business Editor Rival food retailers have voiced fears that allowing Super Value to acquire City Markets' remaining stores would create a "virtual monopoly" in the New Providence supermarket business, with an estimated 60-80 per

Competition fears on Super Value's City Markets 'deal'

By NEIL HARTNELL Tribune Business Editor Rival food retailers have voiced fears that allowing Super Value to acquire City Markets' remaining stores would create a "virtual monopoly" in the New Providence supermarket business, with an estimated 60-80 per

FTX Bahamas properties must fetch ‘80% of value’

All sales of FTX’s 35 high-end Bahamas properties must fetch a price that is “equal to or greater than 80 percent” of their broker-appraised values, it has been revealed.

$5.5bn refinery: 80% of jobs for Bahamians

THE developer behind the proposed $5.5 billion oil storage terminal and refinery for Grand Bahama yesterday pledged that 80 per cent of jobs will go to Bahamians. Peter Krieger, Oban Energies’ non-executive chairman, speaking at the signing of a Memo

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Jonquel Jones and Foxes continue to dominate Russian Premier League

JONQUEL Jones and her juggernaut UMMC Ekaterinburg Foxes club continue to dominate the Russian Premier League.

Port: GB Power rates to lower cost for 85%

THE Grand Bahama Port Authority (GBPA) says that the new rate structure being proposed by the Grand Bahama Power Company, if approved, would result in a reduction in the “all-in” price of electricity for 85 per cent for residential customers in Grand Bahama.