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Minnis expects to save $3m on electricity bills after refit
THE government expects to save $3m in electricity bills each year with its recently announced street lighting retrofitting project, according to Prime Minister Dr Hubert Minnis.
Brewery targets brand marketing
COMMONWEALTH Brewery maintained its cautiously optimistic outlook at its first shareholders annual general meeting (AGM), following a year in which it paid out 100 per cent of profits in a collective $0.58 per share dividend.
GDP boost from raising Bahamas' 60% Net access
GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said
GDP boost from raising Bahamas' 60% Net access
GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said
Halkitis, magician and joker
Perry Christie’s alter ego in the Ministry of Finance stepped completely out of character the other day and allowed himself to get caught up in the hype of the PLP convention.
FINCO blames Matthew for 15.5% ‘bad’ loan rise
FINCO yesterday confirmed that the Bahamas’ mortgage crisis is far from over, blaming Hurricane Matthew for a $16 million increase in non-performing loans as profits slumped 54.7 per cent.
Deandre Ayton is 'Mr Efficiency'
Deandre Ayton’s efficiency has been an integral part of the Phoenix Suns’ rise in the NBA standings.
Candidate’s silence on his $53m fortune
KEVIN King, the Kingdom Government Movement’s leader who is vying for the East Grand Bahama seat, yesterday evaded questions to clarify his declared net worth of $53,129,820.
Can we bite NIB bullet? ‘Bold decision’ needed - raise contributions to sustain cash assistance
NATIONAL Insurance Minister Brensil Rolle yesterday admitted that no government has been “bold enough” to take on recommendations that National Insurance Board contributions must increase to sustain the financial viability of the social security net.
PLP: The PM's address 'offered no immediate economic, social relief'
THE Progressive Liberal Party yesterday downplayed the announcements in Prime Minister Dr Hubert Minnis’ national address, saying it “offered no immediate economic and social relief”. “The net result of the government’s fiscal and economic policies
‘Good tournament’ for Bain and Ramirez despite final defeat
BAHAMIAN freshman Jacobi Bain and his Xavier University of Louisiana senior teammate Juan Ramirez gave it their best shot, only to fall short in the final of the men’s doubles at the Intercollegiate Tennis Association (ITA) Cup Championships in Rome, Georgia on Saturday.
$13m campaign targeting 30k Asian visitors
A $13 million independent Bahamas tourism marketing campaign targeting the Asian travel market could net 30,000 visitors within the next three years, its developers said yesterday,
Cans For Kids launchs 'Spring Bash Collection Competition'
By ALESHA CADET
Gone fishin’
The Bahamian people have misinterpreted the generosity of the Chinese munitions factories, and all one hears today is “what is the defence force going to do with all of those grenades” ?
Insurer ‘re-lends’ $15m to offshore bank affiliate
BISX-listed Colina Holdings has taken a $15 million credit facility from FirstCaribbean International Bank (Bahamas) and re-lent it - on the same terms and conditions - to its offshore bank affiliate.
Gov’t ‘definitely’ beat first $150m VAT goal
Value-Added Tax (VAT) “definitely” generated more than the $150 million net revenue increase targeted for the 2015 first half, a top official yesterday revealing that June’s compliance rates matched those for the first quarter.
BISX-listed firm guarantees its broker’s solvency
A BISX-listed company has been forced to guarantee its main subsidiary’s financial solvency, after it failed to meet the Securities Commission’s minimum $300,000 capital requirements.
IDB project to unlock Andros's $260m 'capital'
The Government is seeking to develop a sustainable framework for unlocking Andros’s ‘natural economic capital’, which studies have suggested could deliver $260 million a year “in net economic benefits”.
'Exclude' renewable energies from VAT
The Government has been urged to “exclude” renewable energy devices from Value-Added Tax (VAT), a leading sector provider suggesting this would incentivise their use and match existing tax policy.
Stand up and be counted (part II)
Recently, I started to write about apathy/complacency of Bahamian citizens and residents. As the article became much longer than I anticipated, I decided to break the topic into two portions to try and ensure that the newspaper would be more likely to accept and publish the presentation.
