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Bank fee moans? It’s your ‘own damn fault’
The Central Bank’s top inspector yesterday said he had little sympathy for those complaining about bank fees since it was their “own damn fault if they are too lazy to switch” to online banking.
Foulkes: Web shop job cuts unfortunate
A DAY after web shop Asure Win said it will close 11 locations and layoff about 50 workers, Labour Minister Dion Foulkes described impending staff cuts from the sector as “unfortunate”, but said there are several factors contributing to the closure of gaming houses aside from a tax increase.
Island Luck chief: ‘I was misled’ on web shop taxes
ISLAND Luck’s principal is alleging that the Government “misled” him over planned web shop tax increases, adding: “My legitimate expectation in a proper consultation was dashed.”
Bahamian connection lifts the Hurricanes to 2-0 in the AFL
THE Bahamian connection for the Holland College Hurricanes lifted the team to 2-0 in Atlantic Football League action yesterday.
ART OF GRAPHIX - Designing your ad for maximum effect
As a proud Bahamian I cannot begin without congratulating the Local Organising Committee, Minster Danny Johnson and his Ministry, the athletes and everyone else who contributed to making the IAAF World Relays a success. Well done, and it was a testament to teamwork and collaboration.
Cutting 1,000 companies to maximise VAT revenues
A top accountant yesterday backed the Government’s plans to slash mandatory Value-Added Tax (VAT) registrants by 1,000 firms, telling Tribune Business this would help to “maximize” revenues from the new tax.
Port winner ‘not worried one drop’ by cruise islands
The winning Nassau cruise port bidder’s chairman yesterday said he is “not worried one drop” about the rapid expansion of the industry’s private destinations, adding: “We’ll see who wins.”
Baha Mar sale process begins
Baha Mar’s receivers have launched a formal sales process for the stalled $3.5 billion project by hiring a Canadian-headquartered real estate firm to market it to potential purchasers.
Insurer hit by 50% contractor fall-off
A Bahamian insurer yesterday unveiled a 145.4 per cent net income increase for 2012, shrugging off a 50 per cent decline in construction industry premiums.
$50m project predicts 30-40% sales increase
A MAJOR western New Providence real estate development is on track to this year surpass 2011 sales by 30-40 per cent, its principal telling Tribune Business yesterday that it was preparing to take total build-out value to $50 million by starting two more construction phases in 2012.
Prices 'through roof' on grocers' 20% VAT recovery
Food stores could recover as little as 15-20 per cent of their Value-Added Tax (VAT) ‘input’ costs under existing legislation, a leading retailer yesterday warning this would drive prices “through the roof” plus result in business closures and lay-offs.
Robinson No. 39 overall, Chisholm No. 61 in MLB Pipeline top 100
FOLLOWING the completion of the 2020 Major League Baseball season, the pair of Kristian Robinson and Jasrado “Jazz” Chisholm each achieved their highest rankings to date in the MLB Pipeline top 100.
Coalition chief optimistic VAT cut to boost revenue
The Coalition for Responsible Taxation’s head yesterday voiced optimism that the 10 percent VAT slash will generate more revenue than the current structure once zero ratings are eliminated.
Jonquel Jones scores 16, Sun stop the Fever 88-69 for 4th straight victory
UNCASVILLE, Conn. (AP) — Brionna Jones scored 18 points and Jonquel Jones added 16 to help the Connecticut Sun beat the Indiana Fever 88-69.
Bahamas Union of Teachers at the Ministry of Labour for conciliation talks
Conciliation talks started this morning.
Bahamian legend Bonefish Folley dies at age 91
LEGENDARY fisherman and cultural icon Bonefish Folley has died at the age of 91.
Gov’t set to refinance $2.4bn in six months
THE Government has to refinance almost $2.4bn in maturing debt during the six months to end-June 2024, it has been revealed, with its euro-denominated liabilities almost doubling in percentage terms.
Liquidator blasts own creditors committee
A Bahamian broker/dealer’s liquidator has resumed battle with his own creditors committee by blasting their criticism of his $1m-plus fees as “significantly lacking in substance, truth and accuracy”.
Cybots take 3-1 lead
THE Bamboo Shack Cybots moved one game closer to winning the Bahamas Government Departmental Basketball Association’s 2014 championship title.
Sky get 101-95 double OT win over the Sun
UNCASVILLE, Conn. (AP) — Courtney Vandersloot had the second triple-double in WNBA playoff history with 12 points, a league playoff-record 18 assists and 10 rebounds to help the Chicago Sky beat the Connecticut Sun 101-95 in two overtimes last night in the opener of their best-of-five semifinal series.
