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Insurance ‘confusion’ over first VAT returns
Large insurance industry players were caught up in “confusion” over whether it was necessary for them to complete Value-Added Tax (VAT) returns for January despite their ‘exempt’ status, Tribune Business was told yesterday.
Govt 'will not rest' until Grand Lucaya solution achieved
The Government yesterday said it was seeking “the best redevelopment deal” possible for the Grand Lucayan resort and associated amenities, promising it “will not rest” until this is achieved.Senator Kwasi Thompson, minister of state for Grand Bahama,
‘We didn’t threaten doctors’
HEALTH Minister Dr Duane Sands said yesterday he was “flabbergasted” to learn of doctors allegedly being threatened with non-contract renewal if they choose not to volunteer in the COVID-19 fight.
IDB loans $200m to aid business climate
The Inter-American Development Bank (IDB) yesterday said it has approved a $200m loan to boost the business climate through increased productivity, innovation and greater diversification. The multilateral lender said the initiative would support the
‘Comfort’ as PM pledges tax increases last resort
Businesses and Bahamians can take “comfort” from the Prime Minister’s repeated assertion that new and/or increased taxes will be “a last resort”, a governance reformer said yesterday.
‘We see NAIA membership in our short term future’
WHILE the College of the Bahamas will be transformed into the University of the Bahamas next week, everybody is waiting for the unveiling of its new Athletic Department.
Builder defends $20m contract
GOVERNMENT-hired builder Rev Lloyd Smith has defended his construction firm Holiday Industrial Builders International (HIBI) insisting that during the arbitration process, which followed a “politically motivated” contract termination, he pocketed nearly $10 million as there was no evidence that his work did not meet coding standards.
Bucket knock off Rockets 85-79, Stingers stop Rockets 94-78
THE New Providence Basketball Association’s double header on Monday night at the AF Adderley Gymnasium saw the Aliv Bucket and the PJ Stingers emerge victorious.
REGATTA TIME AGAIN: Best-of-the-Best off to great start in Montagu Bay
The sixth Best of the Best Regatta lived up to the hype on day one of the sloop sailing event. Skippers and their crew members were in top form on the waters at Montagu Bay, competing in Class A, B, C and E.
Rio reveals complete route of the Olympic Torch Relay
RIO 2016 has revealed the complete route of the Olympic Torch Relay that will begin on May 3 and spread the spirit of the Games around Brazil.
COVID death toll increases to 523
COVID-19 deaths have increased by one after an 81-year-old New Providence man died on September 7.
The extent of cellphone use in the Bahamas
THE Bahamas has 81 mobile cellular subscriptions for every 100 people according the World Bank’s World Development Indicator’s Report published this year.
MP voices support for lockdown of Eleuthera
Central and South Eleuthera MP Hank Johnson voiced support for a total lockdown of the island during a virtual town hall.
Jonquel Jones and Sun lose Game 2
Las Vegas gets 85-71 win over Connecticut
LAS VEGAS (AP) — A’ja Wilson had 26 points and 10 rebounds to lead the Las Vegas Aces to an 85-71 victory over the Connecticut Sun last night in Game 2 of the WNBA Finals.
PAHO: Be vigilant over monkeypox
THE Pan American Health Organisation (PAHO) has urged countries in the region to remain vigilant in light of monkeypox being declared a global health emergency.
DEADLIEST YEAR FOR NATION SINCE 2017: Body found dumped on Cowpen Road in latest murder
THE Bahamas reached a grim milestone yesterday morning after another murder was recorded, surpassing last year’s murder count.
Contractor chief hails removal of 'cloak and dagger'
THE Bahamian Contractors Association’s (BCA) president yesterday hailed the new pre-qualification process for removing the “cloak and dagger” secrecy around public project bidding.Leonard Sands told Tribune Business that the new regime, unveiled by g
IDB’s 37% digital woe ‘totally different’ now
A digital payments provider yesterday said a survey that found 37 percent of Bahamian firms have challenges accessing electronic payments would have “a totally different result” if done today.
Bimini Bay sparks Hotel Corp revival
Genting’s partnership with the Bimini Bay Resort’s developers appears to have created a revival opportunity for the Hotel Corporation, whose subsidiary will be operating the project’s transportation and water sports facilities.
NO SHORT-TERM END TO WATER CORP SUBSIDIES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water & Sewerage sCorporation (WSC) is purchasing more water today than ever before, according to minister of state for the environment, Phenton Neymour, who told Tribune Busine
