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Governor backs corporate income tax if ‘framing right’
The Central Bank’s governor has given guarded backing for a corporate income tax amid private sector calls for the Government to avoid a “piecemeal” approach to this reform.
Atlantis touts $20bn visitor spend impact
Atlantis guests have accounted for almost one-third of The Bahamas’ total air arrivals during the past 25 years, a senior executive said yesterday, while generating more than $20bn in visitor spending.
Firms ‘doomed to fail’ on Business Licence audit
The Chamber’s newly-elected chairman has voiced concern that some companies are “doomed to fail” their upcoming full Business Licence audit because they have been given inadequate time to prepare.
‘Huge inconvenience’ on BOB San Salvador close
San Salvador businesses yesterday voiced concern over the timing and uncertainty created by Bank of The Bahamas’ “temporary closure” of the island’s only bank branch ahead of the Christmas holiday.
$25m air freight firm’s links to gaming boss
The company charged with the $25m transformation of the Government’s air freight terminal has links to a web shop principal, Tribune Business can reveal.
‘NO ONE TOLD US MY SISTER DIED’: Family ‘not notified’ as Sandilands patient fell ill and died at PMH
A FAMILY claims Sandilands Rehabilitation Centre failed to tell them about their loved one’s deteriorating health and admittance to Princess Margaret Hospital, where the woman died on December 5 without the comfort or awareness of her relatives.
Coaches ready for Hoopfest in Paradise
A NUMBER of the top high school teams from the United States of America (USA) made their arrival yesterday for the second Hoopfest in Paradise High School Basketball Tournament.
Lewis calls for more funding to develop local sports talent during anti-doping bill debate
CENTRAL Grand Bahama MP Iram Lewis said more funds should be allocated to the Ministry of Youth, Sports and Culture to develop local talent.
Pintard calls on govt to pay retired officers ‘denied millions in gratuity'
FREE National Movement leader Michael Pintard renewed calls for the government to pay hundreds of retired police officers who claim they have been wrongfully denied millions in gratuity.
Ex-minister blasts ‘outrageous’ Business Licence audit fines
A former Cabinet minister yesterday slammed the “outrageous” fines for Business Licence audit non-compliance even as government officials questioned why there was so much private sector anxiety.
Air freight terminal ‘disgrace’ set for $25m transformation
The Ministry of Finance’s top official yesterday assured there will be “a very minimal” cost impact to Bahamian imports from a $25m deal to overhaul “a disgrace” of an air freight terminal.
Business Licence audits to impact ‘less than 1%’
The Ministry of Finance’s top official yesterday challenged why Business Licence audits for firms with turnover over $5m is “posing a great difficulty” given that less than 1 percent of all companies are impacted.
Minnis warns on increased New Year air import costs
An ex-prime minister yesterday warned Bahamians will have to pay increased costs to import goods via air freight from New Year’s Day due to a $25m outsourcing deal struck by the Government.
INGRAHAM: REBELS WANT NEW LEADER – Former PM backs Pintard – while standing next to likeliest rival Minnis
IN a rare and fascinating joint interview with Dr Hubert Minnis yesterday, Hubert Ingraham said “rebels” in the Free National Movement are unnecessarily pushing the party to hold a convention, but he still has confidence in the team Michael Pintard leads and does not want FNMs to be distracted.
Teams announced for Hoopfest in Paradise
AFTER a successful hosting of the inaugural Hoopfest in Paradise High School Basketball Tournament in 2022, the basketball extravaganza has returned for its second year, this time with more teams added to the fold.
Non-profit reveals 36% fall in distributed meals
The Bahamas Feeding Network (BFN) yesterday said corporate donations have dropped-off noticeably since the COVID pandemic even though one in every eight Bahamians is thought to be living in poverty.
Royal Caribbean says PI project is 'near finish line'
Royal Caribbean's senior Bahamas executive yesterday said its Paradise Island project is "near the finish line" on obtaining the necessary approvals with a Heads of Agreement now being finalised.
Gov't urged to move on bus fare increase
Bus drivers yesterday said the Ministry of Transport (MOT) needs to just get on with increasing jitney fares rather than delay any decision until the New Year.
Hurricane Hole developer takes on Briland project
Hurricane Hole’s developer has been hired to manage a $200m resort and marina project on Harbour Island with effect from January 2024.
Genesis Academy donates to local charities
GENESIS Academy wished Merry Christmas to four local charities yesterday by giving them donations.
