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How the bounce-back was working before the fourth wave
The Central Bank of The Bahamas’ (CBOB) Monthly Economic and Financial Developments (MEFD) report for November, said tourist arrivals increased by nearly 3,400 percent from 2020.
Smith revels in RCCL’s Lucayan setback
A Bahamian entrepreneur said Royal Caribbean Cruise Line (RCCL) is on a losing streak in The Bahamas now, should re-evaluate their future.
First Annual Potcake Golf Tournament ‘huge success’
PEDIGREES may have their Westminster Kennel Club show, but it was the Bahamian Potcake – that special breed of dog with the narrow head and a keen sense of how to cross the street on its own terms – that stole the show during the 1st Annual Potcake Golf Tournament.
ATLANTIS 6,000 BACK AT WORK: Staff return to full hours as surge in bookings arrives
ATLANTIS Paradise Island has 6,000 staff members back to work for the holidays as the resort is reporting full occupancy well into the New Year.
Coach Yo leads Rebels to 11th straight win
COACH Yolett McPhee- McCuin’s Ole Miss Rebels are one of the hottest teams in all of NCAA Division I basketball and streaked to their 11th straight win.
How income tax works
A letter appearing in your column of Friday the 17th of December, written by a Kim Sawyer, displays a common misunderstanding of the nature of the Bahamian economy.
‘Slippery slope’: Don’t exploit private aviation
The Bahamas must “nurture rather than exploit” a booming private aviation market that can become increasingly “fickle” if hit with increased taxes, a prominent industry executive is warning.
Insurers ‘trying to hold line’ on rate increases
Bahamian insurers yesterday warned businesses and homeowners that premium prices are again coming under “upward pressure”, with one pledging: “We’re trying to hold the line.”
ZNS anchor stripped of $27,500 Scotia award
A ZNS TV anchor has been stripped of the $27,500 damages she won from Scotiabank (Bahamas) after the Court of Appeal found there was “no basis in law” to hold it responsible for her loss.
Flamingos Women’s Golf Club 242 hosts its inaugural 18 hole scramble golf tournament at Baha Mar’s Royal Blue Golf Course
THE development of women’s golf is making headway led by the Flamingos Women’s Golf Club 242.
Nassau airport loss up 8-fold to $37.4m
The Nassau Airport Development Company’s (NAD) net loss rose more than eight-fold to $37.396m for the year to end-June 2021, exposing the full extent of COVID’s devastating travel impact.
Food for the homeless thanks to Rotary Event
THE Rotary Club of Grand Bahama distributed hot breakfast and food care packages to the homeless community and a local homeless shelter in Grand Bahama on Saturday.
‘We’re not taking VAT change sitting down’
A Freeport manufacturer yesterday warned its competitiveness will be undermined, and presence in The Bahamas endangered, by VAT reforms that have seemingly removed its ‘zero rated’ status.
‘Time long overdue to act on gender violence’
SENATE President LaShell Adderley says the time is now to enforce, amend and enact legislation to curb the scourge of gender-based violence in the country. “Enough is enough,” she said yesterday.
National debt just under economy’s size at 98.4%
The Bahamas’ national debt was just less than the size of the economy at end-September 2021 after increasing to almost $10.5bn over the previous three months, it was revealed yesterday.
Doctors ‘completely confident’: COViD test staff grow by 100
Doctors Hospital is “completely and absolutely confident” it can meet new US COVID testing protocols and higher Christmas/New Year travel demand after a 100-strong staffing expansion.
STATESIDE: Make no mistake, the game’s already begun before the first votes are cast
These days, it often seems like the United States actually has four major political parties, not just the two-party duopoly which has prevailed for much of the past 100 years. While there have been exceptions like Ross Perot in 1992 and Ralph Nader in 2000, third-party candidates have rarely influenced national election results in recent decades.
Cruise port profitability matches ‘lock up’ end
Nassau Cruise Port is forecasting that it will start generating profits by 2024 - a timeline that coincides with the end of a three-year “lock-up” for investors in its 49 percent local shareholder.
IMF: 12% VAT rate ‘lowest in Caribbean’
The Bahamas’ soon-to-be-repealed 12 percent VAT rate was branded “the lowest in the Caribbean” by the International Monetary Fund (IMF) in its much-debated report to the Government.
Halkitis hits out at FNM over VAT Bill amendment
MINISTER of Economic Affairs Michael Halkitis accused the Free National Movement of continuing to “peddle its misguided tax policy” by trying to pass a last-minute amendment to the government’s Value Added Tax Bill in the House of Assembly last night.
