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VAT health claims change may drain foreign reserves
THE changed VAT treatment on health insurance claims payouts could further drain The Bahamas’ foreign reserves by driving patients to seek care outside the country, a senior executive warned yesterday.
FRONT PORCH: Constitution matters and questions
“IT IS something which is very healthy and something which is very much in keeping with the democratic spirit of the country to periodically examine the Constitution and make changes which are likely to be to the benefit of the country over the long term.” – Sean McWeeney, chair, 2013 Constitutional Commission.
Man sentenced for two years for theft of $80
A MAN was sentenced to two years in prison yesterday after he admitted to stealing cash in a housebreaking in Andros late last year.
John Kerry: US ‘delegation here to listen’
UNITED States special presidential climate envoy John Kerry last night told government officials at a welcome reception hosted by the US embassy that every country must join in the fight against climate change and do its part to respond to the crisis for the future generations to come.
PETER YOUNG: Horror of a lethal earthquake
WITH video coverage of natural disasters and war zones beamed instantly around the world these days, people have become almost accustomed to witnessing human suffering from afar. But the images and stories of the scale of destruction and horror this past week following Monday’s severe earthquake in southern Turkey and northern Syria have been hard to take in.
WORLD VIEW: Haiti at the tipping point of becoming fully hostage to criminals
HAITI continues to occupy the concerns of nations around the world, especially its closest neighbouring states.
Debt jumps $256m on IMF rights borrowings
Much of the $256.2m increase in the national debt during the six months to end-December was driven by the Government’s “use” of $232.3m in IMF special drawing rights (SDRs), it has been revealed.
Bran: 'Can't water out of stone' over health VAT
A former Democratic National Alliance (DNA) leader is blasting the Government's "misguided decision" to change the VAT treatment of health insurance claims payouts, arguing: "You can't get water out of a stone."
STATESIDE: Restlessness in the US over amount of aid to Ukraine
THERE’S been a lot of talk since the beginning of this year about American resolve.
36th St Valentine’s Day Regatta in Montagu Bay February 18-19
IN keeping the memory of their father alive, the family of the late Eleazor ‘the Sailing Barber’ Johnson will continue with the 36th edition of the St Valentine’s Day Regatta in Montagu Bay next weekend.
Tourism Minister calls Minnis’ Bahamasair comments ‘irresponsible’
TOURISM, Aviation and Investments Minister Chester Cooper said former Prime Minister Dr Hubert Minnis was “irresponsible” when he told parliamentarians on Monday that millions of dollars were missing from Bahamasair.
‘Worryingly low’ graduation’s blow to high-value economy
The Bahamas’ ability to develop high-value industries and diversify its economy are impaired by “worryingly low” graduation rates at its sole university with just 7 percent of students studying science and technology-related courses.
The Bahamas has enough US fast food chains
We are crossing a dangerous threshold. At risk is not only the nation’s veritable blood pressure, but Nassau’s sociocultural integrity.
Tennis ace Justin Roberts looking forward to productive season
AFTER sitting out for the past two months and-a-half with an injury, the Bahamas’ top ranked international tennis player Justin Roberts is back and is looking forward to a productive season this year.
FACE TO FACE: Kenise leaves behind a legacy of giving
KENISE Symonette-Darville will be remembered and honoured in a special memorial candlelight vigil tomorrow, Wednesday February 8, 2023 at 7pm at the Pinewood Park. Her death was a blow to many, and hundreds are expected to show up in her honour.
WORLD VIEW: Haiti and Peru biggest worries as democracy in Americas in decline
ALL the countries of ‘the Americas’ ie, those in North, Central and South America and the Caribbean are experiencing political, social and economic trials to some extent.
Bahamasair suspends flights to Haiti’s capital
Bahamasair’s weekly jet service to Cape Haitien has been “leaving full every time” even though service to the country’s capital has been suspended from January 28, its managing director revealed yesterday.
DEREK SMITH: Balancing the risks of working at home
There is no doubt that remote working will continue to grow. With remote work becoming a significant business practice, it has quickly risen to the top of many executives’ agendas and become a vital component of talent attraction, employee retention and staff satisfaction. According to Deloitte & Touche’s Global Remote Work Survey, “over 80 percent of organisations have implemented some form of remote work policy”.
Goodman’s Bay property opens to $1.5m bookings
A NEWLY-opened Goodman’s Bay resort has more than $1.5m worth of confirmed bookings during its initial months, its developer revealed yesterday.
Insurers dismiss VAT Act ‘misinterpretation’
BAHAMIAN health insurers yesterday said “no one wants to pay an additional 36 percent on their medical insurance” from April 1, 2023, when consumers will have to bear the full VAT burden on claims payments.
