All results / Stories
Sort By
Date
Authors
- Everyone
- Neil Hartnell (137)
- Samora St Rose (62)
- Natario McKenzie (33)
- Eloise Poitier (10)
- Paul Turnquest (8)
- Paco Nunez (7)
- Renaldo Dorsett (5)
- Ava Turnquest (2)
- Celeste Nixon (1)
- Dana Smith (1)
Insurer’s $5m payout to boost equity return
A Bahamian insurer will “significantly reduce our cost of capital” by redeeming $5m in preference shares as it awaits regulatory approval to acquire an agency owned by one of its main shareholders.
Construction costs to jump 20% this year
Two ex-Bahamian Contractors Association (BCA) presidents yesterday warned that construction costs will likely increase up to 20 percent this year as cement became the latest product to take a hit.
‘Greater resolve’ to eliminate Bahamas in financial services
A former prime minister yesterday warned that COVID-19 has “only strengthened the resolve” of major nations to eliminate the competitive threat posed by The Bahamas and other Caribbean countries.
STATESIDE: You can feel it’s coming – another summer of unrest for a troubled country
WHILE the meteorological hurricane season has already begun for 2021, there is increasing evidence that a new political and social hurricane season is just starting to get underway in the United States.
Deandre Ayton soars for last second alley-oop, Suns top Clippers to take 2-0 lead in West finals
PHOENIX (AP) — Deandre Ayton jammed an alley-oop pass from Jae Crowder with 0.7 seconds left, giving the Phoenix Suns a thrilling 104-103 win over the Los Angeles Clippers last night in Game 2 of the Western Conference finals.
Govt touts 14,000 new SMEs created
The government yesterday sought to show its small and medium-sized enterprise (SME) focus is delivering results by reiterating that almost 14,000 such businesses have been formed since the 2017 general election.
Junior golfers take home national amateur titles
HEATHCLIFF Kane and Anne Fernandez emerged as the Bahamas Golf Federation’s 2021 National Amateur Golf Championships’ male and female champions.
Straw Market Authority pays off debt
DEPUTY Prime Minister and Minister of Works Desmond Bannister said the board of the Straw Market Authority has paid off nearly $500k in debt owed to the National Insurance Board, Bahamas Power and Light and the Water and Sewerage Corporation.
Ex-AG: Put real estate residency threshold to $1m
A former attorney general has called for The Bahamas to increase the real estate investment threshold for economic permanent residency to $1m, and asserted: “It should never have been lower than that.
‘Farm thieves need a tougher penalty’
SOCIAL Services Minister Frankie Campbell said yesterday he believes there should be tougher penalties for people who steal from farmers, saying the issue is a vexing problem in his constituency that needs to be addressed.
PETER YOUNG: Outdated - by no means as the G7 has a vital role still to play tackling global issues
FOR a few days last week it could reasonably have been claimed the centre of international affairs and diplomacy was in England’s southwestern county of Cornwall. Under the annual rotating presidency system of the G7 – the world’s largest advanced economies and wealthiest liberal democracies – the UK had organised the group’s first face-to-face meeting since the beginning of the pandemic 18 months ago.
Govt mulling $1m investment floor for permanent residency
The government is eyeing a $1m minimum for investors to qualify for economic permanent residency by making non-real estate investments in The Bahamas, a Cabinet minister revealed last night.
Kalik maker’s loss doubles as revenues decline 15%
Commonwealth Brewery yesterday blamed a 15 percent year-over-year revenue decline for its 2021 first quarter loss more than doubling in comparison to 2020 figures.
EX-DPM: Collect all taxes ‘without fear or favour’
An ex-deputy prime minister yesterday urged the government to develop a US Internal Revenue Service-style mindset to collect taxes “without fear or favour” while slamming proposed new compliance measures.
Ex-AG: ‘No cause to panic’ over 15% tax
An ex-attorney general yesterday reassured that The Bahamas has “no cause to panic” over the 15 percent global minimum corporate tax rate agreed by world’s powerful nations at the weekend.
Gaither looks ahead to Tokyo
SHE'S been holding her own as one of the top sprinters in the country for the past few years, but Tynia Gaither said she's looking for more.
Tourism minister ‘anxious for end to quarantines’
A Cabinet minister says he is “anxious to get rid of quarantines and curfews”, adding that this is having an impact on the ability of Bahamian hotels to jumpstart their lucrative group travel business post-COVID.
Exemptions are a cruel gimmick
By its nature, a Value Added Tax affects the whole domestic eco-system of an economy. It applies to everything. That is how it is intended and that is its strength. As such, the application of “exemptions” is meaningless, because everywhere the recipient of the exemption turns, he still has to pay VAT in order to use the money he has “saved” via the exemption.
Hurricane VAT holiday to have ‘net zero’ effect
An ex-Bahamian Contractors Association (BCA) president yesterday said building material price hikes mean the government’s hurricane readiness VAT “holiday” and other tax breaks will just have a “net zero” effect.
Royal Caribbean: No Crown Land lease for $110m project
A senior Royal Caribbean executive has confirmed it has yet to secure a crown land lease for its $110m Paradise Island project as he indicated a willingness to “co-exist” with rival developers in that area.
