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Web shops: Tax rises attempt to seize industry
The government has been accused of trying to seize control of the web shop industry through tax increases that will “decimate” all operators and 3,000 jobs in less than a year.The Bahamas Gaming Operators Association, in a furious post-budget counter
Wells and Rose finish in tie with Jamaica for trophy
A FIFTH overall finish for Team Bahamas was highlighted by an historic performance from the senior members of the team which ended a drought that lasted more than two decades.
VAT rate will 'double' with poor compliance
A Tax Coalition co-chair yesterday said the Government “desperately” needed to release its Value-Added Tax (VAT) education curriculum and modules, warning that this was vital to “maximise compliance” immediately the new tax kicked in.
Mortgage approval rate drops to 43%
MORTGAGE loan approval rates have been slashed in half to 42.6 per cent in just two-and-a-half years, highlighting the commercial bank retreat from the vital Bahamian housing market.Data produced by the Central Bank of the Bahamas’ research departmen
Child pornography accounts for 9% of all cyber crimes
THERE were 118 reported cases of cyber crime in the country in 2015, nearly 25 per cent of which were comprised of child pornography matters and online threats combined, according to data contained in the latest police crime statistics.
Jonquel Jones and Sun start fast, breeze to 92-70 victory over Fever
JONQUEL Jones’ individual numbers are short of her MVP pace from a year ago, but a more balanced Connecticut Sun has surged ahead of the WNBA’s Eastern Conference standings.
FEEDBACK FROM THE FIRM'S KING
By Ian Ferguson We agree that a stronger focus on our customers enhances our ability to grow and expand our businesses, and to deepen our ability to maximise customer satisfaction. We say often that the customer is 'KING', and that they are the driving f
Dispute over start of school orientations
DIRECTOR of Education Marcellus Taylor and Bahamas Union of Teachers president Belinda Wilson were at odds yesterday over the confusion surrounding this week’s school orientations.
Romad Dean and Paul Greene named to boys nominees list
A PAIR of Bahamian prep basketball players have had standout seasons in their first year with new programmes in Canada and have now been nominated for the country’s premier showcase. Paul Greene and Romad Dean were two of 198 players named BioSteel
‘Buddy’ Hield contract drama talk of the town
The drama continues around Buddy Hield’s contract negotiations with the Sacramento Kings.
No Gov’t pressure on debt ratio drops
The Central Bank’s governor yesterday said there had been no pressure from the Government to revise the Bahamas’ various debt ratios downwards, a move that led to the re-publication of its 2016 second quarter economic review.
2013: A year to remember in local sports
THE local sporting community includes Bahamians from every segment of the community. Everyone from weekend warriors to former collegiate and professional athletes were represented and collaborated to make 2013 a year to remember in local sports.
‘Strong bank interest’ sparks hope $150m issue fully subscribed
The Government’s new Treasury Note security will ultimately reduce its debt financing costs, its financial adviser said yesterday, conceding it was “difficult to tell” whether the first $150 million issue will be fully subscribed.
‘Successful start’ but T-Notes miss first $150m target
The Government’s financial advisers believe its new Treasury Note debt security has enjoyed “a successful start”, despite the first-ever offering raising just two-thirds of the $150 million target.
Promotion in the RBDF
Sir, first of all, let me start out by saying that for the past 23 plus years, it was a pleasure for me to serve the government and the people of the Commonwealth of the Bahamas.
BPL apologises for blackouts and admits: NOT GOOD ENOUGH
BAHAMAS Power and Light chairman Donovan Moxey has blamed this month’s adverse weather conditions for the power provider’s inability to receive rental generators earlier, which rendered it unable to fulfil electricity demands over the weekend when two of its units went offline.
Gov’t wage bill’s $68m jump ‘not annual norm’
The Ministry of Finance's top official last night said the $68m year-over-year increase in compensation for government employees during the 2022-2023 fiscal year is "not an annual norm".
Baha Mar’s foreign creditors to get ‘3-4 cents on dollar’ offer
Baha Mar’s remaining foreign creditors will likely receive an offer this week to pay them “three-four cents on the dollar”, the claims committee’s chairman revealed yesterday.
Freeport airlift problems 'can't hold us over barrel'
A Grand Lucayan board member yesterday called for The Bahamas to create its own airlift for Freeport, adding: “We can’t let anybody hold us over a barrel.”Carey Leonard, pictured, the former Grand Bahama Port Authority (GBPA) in-house attorney, told
Tourism targets 45,000 visitor reopening peak
A Cabinet minister yesterday predicted stopover visitor arrivals will hit a 45,000 post-COVID re-opening peak for March - albeit they remain up to 90 percent down on pre-pandemic levels.
