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Atlantis braces for $14m hit from BPL’s fuel hike
Atlantis is predicting it will take a $14m hit this year from Bahamas Power & Light’s (BPL) hiked fuel charges but remains hopeful this will be minimised by higher visitor spend and room rates.
Boat registration fee hikes ‘not a tax grab’
The significant hikes in boat registration fees are not designed “as a tax grab”, the New Providence Port Authority’s chairman asserted yesterday, adding that the new regime will be a “game changer” for compliance and competitiveness.
North Andros hotel hopes for 85% regatta retention
A North Andros hotel yesterday voiced hope that “at least 85 percent” of visitors scheduled to attend this weekend’s postponed homecoming will still come out when it is held later this month.
Bahari gets $20 national symbols usage permit
NATIONAL Security Minister Wayne Munroe said Bahari Bahamas applied and received a permit on Wednesday to feature Bahamian national symbols on their merchandise.
Two men killed while on bail for murder
TWO men on bail for serious crimes were murdered last night.
‘MOTION DENIED’ IN GIBSON TRIAL: Long Island MP’s constitutional motion ‘improper’, judge said
A SUPREME Court judge rejected Adrian Gibson’s latest constitutional motion to impact his corruption trial yesterday.
Gardiner cruises to victory in 400
Bahamian professional track and field athletes stole the show on day two of the Bahamas Association of Athletic Associations’ (BAAA) Junior & Senior National Track and Field Championships.
Anna Vlasov makes history for Bahamas equestrian sport
Becomes first Bahamian to compete in a Regional Show Jumping Championship
ANNA Camille Vlasov has made history for Bahamas equestrian sport by becoming the first Bahamian to compete in a Regional Show Jumping Championship.
Women’s shelter to be ready in a few weeks says Wilchcombe
SOCIAL Services Minister Obie Wilchcombe said officials are preparing four new shelters for women, the first of which would be ready in a few weeks.
Atlantis: 30% spend, rate jumps ‘as good as it gets’
Atlantis yesterday said its year-to-date performance is “as good as you can get” with rates and visitor spending per occupied room both exceeding pre-COVID levels by up to 30 percent.
Fishing ‘distress’ over boat registration hike
Bahamian fishermen were yesterday said to be “distressed” over “ten-fold” rises in annual boat registration fees that are causing “a lot of panic” in the sector.
Bahamas ‘not tapped out’: FDI inflows at $1.3bn high
The Bahamas is “nowhere near to tapping out” its ability to attract greater foreign direct investment (FDI) flows, it was argued yesterday, after these increased by 6 percent to near-$1.3bn in 2022.
Businesses fear major loss from North Andros BPL fire
Hundreds of North Andros businesses and visiting vendors were yesterday fearing they could suffer substantial losses after the area's entire power generation capacity was destroyed by an early morning fire.
Selling out! Independence Day sales soar
RETAILERS are reporting strong sales of Independence Day-related merchandise ahead of the Bahamas’s 50th anniversary celebrations.
Babe Ruth Baseball Caribbean Region Championships all set for July 20-24
THE boys will be back in town to participate in the 2023 Babe Ruth Baseball Caribbean Region 12-and-under Championships and the 16-and-under invitational, scheduled for July 20-24.
‘No choice’ but to go Bahamian
The Government must build greater “trust and confidence” in its fiscal plan among Bahamian investors given it has “no choice” but to almost exclusively tap the local capital markets to meet its nine-figure deficit financing demands.
‘Nothing to lose’ on 5% corporate tax
A Bahamian financial services provider yesterday argued that this nation should smash “conformity” by adopting a low-rate 5 percent corporate income tax, asserting: “We have nothing to lose.”
Inland Revenue must be a ‘well oiled machine’ for corporate tax
The Department of Inland Revenue (DIR) must become “a well-oiled machine” that is far more responsive to taxpayer needs under a corporate income tax regime, a prominent accountant is urging.
Munroe: Bahari has no permit for National symbols use
NATIONAL Security Minister Wayne Munroe said a popular clothing store, Bahari Bahamas, does not have permits to feature Bahamian national symbols on their merchandise and has not responded to his ministry’s demands to comply with the law.
Team New Providence ready for Bahamas Games
AFTER 20 long years, the Bahamas Games are finally back.
