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VAT real estate 'game changer'
Value-Added Tax’s (VAT) impending implementation may give buyers “the push” to secure properties before January 1, one realtor suggesting: “It may be better to do it now rather than seven months from now.”
Pro basketball player Miller off to impressive start in Norway
TAVARIO Miller’s transition to professional basketball is off to an impressive start with a new destination in Norway.
COVID shutdown for auto dealer’s ‘major generator’
One of an auto dealer’s “two major generators” has likely been forced to close until tomorrow after almost one-third of staff tested positive for COVID-19 amid the latest case surge.
Auto dealers brace for 70% orders fall
New car dealers are warning that the government’s tax earnings from the industry will be severely reduced with 2021 orders expected to be up to 70 percent off compared to pre-COVID levels.
The world is changing and we must react
The boom and bust cycle of the global economy is well established. WTO says global trade has under performers with growth of 3% and is expected to decline in 2019 to 2.6 %. The IMF forecast a global slowdown for 2019. The United States (US) is the world’s largest economy in nominal GDP so I will focus mainly on the US in my analysis.
BEC: 95% of Family Islands 'have power restored'
BEC said it had substantively completed repairs in New Providence and had restored supply to more than 95 per cent of customers in the Family Islands.
Buddy grabs career high 11 rebounds for first double
BUDDY Hield has been on a torrid stretch during the final week of October and his latest performance produced one of the best all-around games of his career and a fourth win for his Sacramento Kings.Hield finished with a season high 25 points and a c
BTC faces 20% income cut via monopoly end
The Bahamas Telecommunications Company (BTC) is bracing for a 20 per cent cut in income over the next four years as a result of losing its lucrative cellular monopoly, it was revealed yesterday.
Undefeated Hurricanes power on with Whylly
The Holland College Hurricanes are No 1 ranked team in the Canadian Collegiate Athletic Association the poll powered by Roosevelt Whylly who continues to be one of the league’s most dominant players.
Rattlers win Holiday Classic
The CI Gibson Rattlers closed out 2015 by repeating as the champions of their own Providence Basketball Club’s Holiday Classic for senior boys by holding off the CC Sweeting Cobras at the Kendal Isaacs Gymnasium on Tuesday night.
Accounting firm plans 25% staff ‘ramp up’
A Bahamian accounting firm is aiming to “ramp up” staffing levels through 25 per cent growth over the next year, as it eyes opportunities in the digital space.
City Markets staff allege 'conspiracy'
TEN Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave voluntarily, thereby relieving the supermarket chain of the need to pay them severance and pension benefits.
Olympic pioneer sends message to Atlantic College graduation class
A SURPRISE videotaped message from Sir Durward Knowles, the first Bahamian Olympic gold medal winner, encouraged more than 70 graduates from Atlantic College’s class of 2015 last week.
Giants take 1-0 leads in NPBA best-of-7 series
THE New Providence Basketball Association got its best-of-seven championship series started on Wednesday night at the AF Adderley Gymnasium with the Giants winning the double header.
Scotiabank beats target with 20% net income rise
Scotiabank (Bahamas) yesterday said it had “exceeded expectations” with the almost-20 per cent year-over-year net income increase it enjoyed in 2013, with the improvement largely driven by “stabilisation” in its non-performing loan portfolio.
Fox and Chisholm named to Arizona Fall League rosters
LUCIUS Fox and Jazz Chisholm continue their progression through their respective Major League Baseball organisations and reached another pair of milestones this week.
Blair killing suspect is denied bail
A MAN accused of the recent home invasion and murder in Blair Estates was remanded to prison yesterday with a second man alleged to be an accessory after the fact.
Burrows and Tigers to face No. 5 Queen’s Gaels in the quarterfinals
SHAMAR Burrows and the Dalhousie Tigers learned their possible path toward a championship in the upcoming U Sports Men’s Final 8.
‘Far too premature’ for PM to claim VAT success
A well-known businessman yesterday said it was “far too premature” for the Prime Minister to boast about Value-Added Tax (VAT) being successful, accusing him of “gloating” over the hundreds of millions of dollars the tax will suck out of the Bahamian economy.
No Bahamian firms represented on Baha Mar creditors body
No Bahamian companies are directly represented on Baha Mar’s unsecured creditors committee in the Chapter 11 bankruptcy proceedings in Delaware, the membership of which was published last night.
