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SCRAP METAL REGULATIONS PUBLICATION TO COME SOON

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AMENDMENTS to the Customs Management Bill which are expected to provide for oversight of the scrap metal industry, are expected to be gazetted soon, the Minister the Environment tol

New $6M marina to open off Bay Street

A NEW $6 million state-of-the-art marina is slated to open by mid-June in the heart of historic Nassau.

Tourists ‘would be able to buy lotto tickets’ if gambling is legalised

A regulated web-shop industry and the creation of a national lottery could become tourism attractions for the country and sources of revenue, according to Tourism Minister Obie Wilchcombe.

FNM chair: BFS IPO should be 25-30% stake

The FREE National Movement’s (FNM) chairman has criticised the Government for mandating that only a 15 per cent stake in Bahamas Food Services (BFS) be sold to the Bahamian public, telling Tribune Business any initial public offering (IPO) should involve at least 25-30 per cent of the company’s equity.

Critical care block opening delayed by four months

HEALTH Minister Dr Perry Gomez yesterday confirmed that the opening of the new Critical Care Block at the Princess Margaret Hospital has been delayed.

'Freedom of Information Act crucial to V.A.T. implementation'

THE passing of a Freedom of Information Act and a Fiscal Responsibility Act were important in establishing trust in New Zealand residents over their government’s efforts to implement Value Added Tax (VAT) and other fiscal reform initiatives, New Zealand VAT experts said.

$5m renovation for Ansbacher building to be used by judiciary

THE government signed a contract worth almost $5 million yesterday for the renovation of the Ansbacher Building.

Wilchcombe concerned over effects of tax on tourism

A NEWLY imposed processing fee which has sparked the threat of a major cut back from US airlines coming to the Bahamas is an implication that the economy cannot afford, according to Tourism Minister Obie Wilchcombe.

Tax rises put ‘nail in Out Island coffin twice’

NEW and increased Customs fees will have a “more dramatic” impact on Family Island retail businesses, a top private sector executive said yesterday, adding that already-high freight costs coupled with the new 1 per cent Customs processing fee was like “putting the nail in the coffin twice”.

Gov't housing re-launch vital to 80% of contractors

THE BAHAMIAN Contractors Association’s (BCA) president yesterday said many smaller operators were anxiously awaiting a revival of the Government’s housing programme, telling Tribune Business this group makes up 70-80 per cent of construction teams in the country .

J R Cadot a force on the glass for Horned Frogs

By RENALDO DORSETT Sports Reporter rdorsett@tribunemedia.net Early into the 2011 season, it appeared as if his senior season and second in NCAA Division I basketball would be a breakout year for J R Cadot - he has slowed since with recent setbacks - but

Community service order for beating man at gas station

A 26-year-old man who assaulted another man at a local gas station was yesterday ordered to perform 80 hours of community service.

BTC celebrates small business in October

The Bahamas Telecommunications Company (BTC) is again celebrating October as Small Business Month in recognition of over 80 percent of its corporate client base.The company kicked-off its month-long series of events on Friday, September 28, during th

Happinets re-sign Kadeem Coleby in Japan B-League

KADEEM Coleby will return to the Akita Northern Happinets for his fourth consecutive season of pro basketball in Japan.

Giants and Regulators in battle for John Archer pennant

THE Commonwealth Bank Giants and Mr Ship It Freight Regulators, battling it out for the John Archer Divisional pennant, pulled off victories on Monday as the New Providence Basketball Association played a double header at the AF Adderley Gymnasium.

Minister: End of AIDS epidemic in sight

HEALTH and Wellness Minister Dr Michael Darville said The Bahamas has reached the moment where “tremendous progress is being made” and that the “end of the AIDS epidemic is in sight.”.

Miller brands $600m waste plant's output 'fiction'

The Bahamas Electricity Corporation’s (BEC) executive chairman has branded as “fiction” and “far-fetched” the assertion by Stellar Energy that its waste-to-energy plant could produce 75-80 Mega Watts of power daily, telling Tribune Business: “The capacity just isn’t there”.

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