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‘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.
Reserves hit $2.9bn on Gov’t borrowing boost
The Bahamas’ foreign currency reserves expanded by almost $169m in May due to a boost from the Government’s external borrowing activities as they closed the month at near-$2.9bn.
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.
Swimmer Lamar Taylor happy with gold, bronze
Makes a name for himself at Central American & Caribbean Games in El Salvador
LAMAR Taylor said he was surprised by his double medal winning performance at the Central American and Caribbean Games last week in San Salvador, El Salvador.
No licence? Then don’t use national symbols
NATIONAL Security Minister Wayne Munroe warned against the unsanctioned use of Bahamian national symbols yesterday as officials announced that people can now apply online for licences to use the symbols.
Stopover tourists strike 94% pre-COVID levels
TOTAL air arrivals to The Bahamas in May hit 94.2 percent of pre-COVID’s 2019 high, the Central Bank revealed yesterday, with overall visitor numbers for the first five months of 2023 some 68 percent ahead of last year.
‘Something’s got to give’ in Govt’s fight with GBPA
A LONG-STANDING Freeport licensee says “something has got to give” in the struggle between the Government and Grand Bahama Port Authority (GBPA), and warned: “Change is inevitable.”
Gas retailers ‘not gone to sleep’ on margin rise
BAHAMIAN petroleum retailers yesterday said they “haven’t gone to sleep” over their push for a margin increase but are willing to take a “sensible” phased-in approach that will not overly burden motorists and the wider economy.
Bahamas Games opening on Saturday
THE opening ceremony for the sixth edition of the Bahamas Games will take place on Saturday at 6pm at the Thomas A Robinson National Stadium.
Emaniel Alexandre pleased with season, happy to be back home
EMANIEL Alexandre was glad to be back home. Alexandre was back on familiar grounds in the CI Gibson Gymnasium after he teamed up with Saheed Sanusi, Jaden Strachan, Bryan Rolle, Collin Storr and Charles Joseph on the CI Gibson Rattlers senior boys and Providence Storm basketball club teams.
INSIGHT: After Watson move, are there other positions in Davis’ administration needing a shuffle?
WITH Independence almost upon us, it has been a time of taking stock – looking back over our 50 years and establishing our progress as a nation.
'Why I don't care to see Gov't takeover of GBPA'
A Bahamian investor has highlighted the contrasting treatment his project received in Nassau and Freeport to explain why he "does not care to see the Grand Bahama Port Authority (GBPA) fall into the Government's hands".
Gov't 'examining merits' of oil explorer carbon credits
The Government is "examining the merits" of an oil explorer's proposal to gain a return on its $100m-plus investment in The Bahamas via the use of carbon credits.
DEREK SMITH: Artificial intelligence key to governance risk battle
For companies to operate ethically, comply with regulations and mitigate risks effectively, Governance, Risk and Compliance (GRC) strategies are vital.
Eric Wiberg: A beacon that saved lives of pilots
WHEN the 112-foot Castle Island Light off Acklins was operational, it was a critically important beacon that three World War Two bombers crash-landed near in order to be rescued.
Escalating GBPA row ‘disaster for Freeport’
The Grand Bahama Chamber of Commerce’s president yesterday branded the escalating row between the Government and Grand Bahama Port Authority (GBPA) as “another disaster for Freeport” that must be calmed rapidly.
Planning concern on $1.3m propane plant
Planning authorities are voicing concern over a proposed $1.3m “state-of-the-art” propane gas plant off Tonique Williams Highway due to “compatibility with its neighbours”.
Licensee fury: Freeport ‘moving at snail’s pace’
Freeport’s ease of doing business is “moving at a snail’s pace”, a group of Grand Bahama Port Authority (GBPA) licensees warned yesterday, as they blasted both the Government and city’s authority for the escalating row over its governance.
