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'Over 80%' of food products VAT-free
The Government yesterday urged consumers to be “patient” as they familiarise themselves with the VAT-free breadbasket, with the industry suggesting “80 percent” of products fall into this category.The Ministry of Finance, in a statement yesterday, sa
Companies urged to build investor sustainability trust
A Bahamian accountant says it is vital that investors have trust in a company’s sustainability reporting in an environment where increasing emphasis is being placed on climate action.
Retailer 'can't afford to take risks blindly' after 80% sales fall
A Bahamian retailer has warned he and others "cannot afford to take blind risks any more" due to the Government's handling of COVID-19, with curb-side restrictions slashing his sales by 80 percent.
Baha Mar interest like ‘beauty parade’
A Bahamian QC yesterday likened buyer interest in the $3.5 billion Baha Mar property to “a beauty parade”, while its former developer was left distinctly unimpressed by the latest winding-up petition adjournment.
Bahamas urged to adopt corporate ‘rescue culture’
The Bahamas needs to begin moving towards a “rescue culture” and create Chapter 11 -style legislation that will allow companies to restructure rather than go into receivership or liquidation, a senior Bahamian accountant argued yesterday.
Portraits draw the crowds to ‘Sports Legends Walk’
ONE of the highlights of last week’s naming ceremony of Mychal Thompson Boulevard was the unveiling of 28 specially commissioned portraits by Jamaal Rolle of Bahamian sporting stars adorning the “Sports Legends Walk” at the Queen Elizabeth Sports Centre.
Baha Mar liquidators: We won’t submit to Delaware
Baha Mar’s provisional liquidators have warned the Delaware Bankruptcy Court that they will not submit to its jurisdiction, and that they will challenge the “jurisdiction” of its decisions and Orders over them if necessary.
Bahamians receive postseason honours
A GROUP of Bahamian players played a prominent role on the Tallulah Falls varsity boys’ baseball programme and were recognised with postseason awards for their outstanding 2022 season.
Ready to celebrate Pompey Day?
WITH the reconstruction of Pompey Museum well underway, the Antiquities, Monuments and Museum Corporation will hold a Pompey Day to celebrate the preservation of the country’s rich history.
Union claims Atlantis seeking to terminate staff missing work for medical reasons
A HOTEL union yesterday warned the Atlantis resort against allegedly seeking to terminate employees who have missed work for medical reasons, charging that it would “fight” the company “tooth and nail” to preserve the jobs of workers at the Paradise Island property.
Lucayan Board refutes BREA ‘face slap’ claim
The Grand Lucayan’s Board yesterday defended itself from accusations that it had given “a reprehensible slap in the face” to Bahamian realtors over the property’s impending sale.
Atlantis hosts launch of ocean pollution prevention initiative
ATLANTIS resort yesterday celebrated the launch of the first Seabin installed in The Bahamas, which aims to reduce ocean pollution.
MONTAQUE LIQUIDATORS 'FULL FORCE' IN CANADA
By NEIL HARTNELL Tribune Business Editor Liquidators for Owen Bethel's Montaque Capital Partners have been recognised by the Ontario Superior Court of Justice through a ruling given "full force and effect" throughout Canada, a move critical to enabling t
Areas try to get back to normal
RESIDENTS, business owners, families and schoolchildren were trying to get back to normal life today in the wake of a major thunderstorm and record downpours which deluged Nassau, wrecking property, closing schools and leaving homeowners stranded.
Insurers fearing ‘flood of claims’
Bahamian insurance companies were yesterday said to be concerned about a potential “flood of claims” as a result of Tuesday night’s heavy rains, as New Providence yesterday attempted to dry out and get back to business.
Eleuthera's Pineapple Jam lineup 'entirely exciting'
As if a free afternoon and evening of the best of Eleuthera’s local bands was not enough, the Pineapple Jam has now landed the hot New Providence-based musical act Willis and the Illest.
GB Shipyard hires young professionals
FREEPORT, Grand Bahama – The Grand Bahama Shipyard has hired three young Bahamian professionals to permanent positions, employing Jeffery DeGregory, Natasha Bethel and Justan Campbell as a junior naval architect and junior planners respectively.
INSIGHT: A vision for Downtown Nassau
ALTHOUGH the bulk of the plans for the rejuvenation of downtown Nassau are medium to long-term, Downtown Nassau Partnership (DNP) managing director Ed Fields is adamant the organisation is working to bring significant changes to the city.
Second Baha Mar SPV asset transfer
Baha Mar’s receivers and liquidators have left “no stone unturned” in their hunt for assets, quietly transferring a second tranche to the project’s secured creditor in December 2016.
FIBA AmeriCup launches social media campaign
FIBA Americas looks to galvanise support for its upcoming AmeriCup through social media and the Bahamas Basketball Federation is on board with the new initiative as one of the participating programmes.
