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VAT revenues hit $271m for first 5 months
The $271.1 million in gross Value-Added Tax (VAT) revenues collected during the first five months of the Government’s 2015-2016 fiscal year slashed its fiscal deficit by almost 50 per cent to $134.1 million.
Ranfurly Children’s ‘amazing experience’ at NBA game
MIAMI, Florida - Thanks to the efforts of the Ministry of Tourism and Baha Mar, six residents of the Ranfurly Home for Children got a rare opportunity to watch a live National Basketball Association (NBA) game this week.
1,500 to be using social services debit card ‘by end of month’
NEARLY 1,500 people in New Providence will be able to utilise the Department of Social Services’ new pre-paid debit card by the end of this month, Social Services Minister Melanie Griffin has announced.
Mitchell creating relations with Middle East
LAST year, Foreign Affairs Minister Fred Mitchell announced that he was taking a year off to create relationships that would assist in the development of business and investment for the Bahamas. His first target was the Middle East — specifically the United Arab Emirates and Qatar.
PharmaChem deal gives Chamber chief 'optimism'
The Grand Bahama Chamber of Commerce’s newly-elected president hasexpressed “cautious optimism” for Grand Bahama’s economy, following the recently-completed acquisition of PharmaChem Technologies (Grand Bahama’s) net assets.
Bahamas urged to refine its own oil
By NATARIO McKENZIE
Red Cross ball returns - and aims to double income
THE Bahamas Red Cross Society is looking to double its proceeds for this year’s ball after two years without its largest fundraiser and the organisation encouraging the public to support.
New Abaco bridge gives benefit beyond resilience
The Ministry of Works’ deputy director yesterday said the $5.34m construction of The Bahamas’ longest-ever single span bridge will boost eco-tourism and creek regeneration as well as enhancing climate change resilience.
GSSSA volleyball season wraps up today
WITH the Government Secondary Schools Sports Association (GSSSA) volleyball regular season coming to a close, senior teams have turned up the intensity on the courts.
‘Quality new credit’ hard to find with $127m drop
Fidelity Bank (Bahamas) says the more than $127m collective decline in outstanding mortgage and consumer loans during 2022 shows “quality new credit” and borrowers will be tough to find despite the economy’s rebound.
Fidelity chair: Global recession risk ‘high’
A BISX-listed bank’s chairman has branded 2021 “the comeback year we all hoped for” after his institution cut loan loss provisions by almost $19m due to borrowers becoming current with their obligations again post-COVID.
Bahamas nets 3-0 win over Bermuda
Make it their second straight spectacular showing for the Bahamas women’s national tennis team at the prestigious Billie Jean King Cup at the Centro Nacional de Tenis Parque del Este in the Dominican Republic.
BTC not at Liberty’s top as revenue rise flattens
The Bahamas Telecommunications Company (BTC) was not among its ultimate parent’s best Caribbean performers during the 2022 second quarter as revenues flat-lined against prior year comparatives.
Acquire firms that match your taste
As the only business broker in Nassau, I come across many different models for small businesses. Some work, and some do not. Others nest themselves neatly in a particular niche and are succe
‘Enough is enough’ say gas dealers
THE vice president of the Bahamas Petroleum Dealers Association said to “stay tuned” as fuel retailers await government addressing a long-waited margin increase, saying the industry feels “enough is enough”.
EDITORIAL: Davis tries to shift the blame
WHEN Prime Minister Philip “Brave” Davis gave his mid-year Budget communication last week, it seems something did not add up. He told the House that the government experienced a net deficit of $285.7m – that’s $7.8m more than the previous year.
BTC chief says fibre roll-out 70% finished
THE BAHAMAS Telecommunications Company (BTC) will be increasingly relying on a fibre network roll-out that is 70 percent complete to drive revenue growth and market share, its newly-appointed chief executive says.
ABIDAL SCORES LATE AS BARCELONA BEATS REAL MADRID 2-1
By PAUL LOGOTHETIS AP Sports Writer MADRID (AP) -- Barcelona got the better of archrival Real Madrid again Wednesday as Eric Abidal scored a rare goal to give his team a 2-1 win in the first leg of the Copa del Rey quarterfinals. Abidal chested down Lione
Gov't completes 'big architecture' on renewables
Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ
Gov't completes 'big architecture' on renewables
Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ
