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IMF: 12% VAT rate ‘lowest in Caribbean’
The Bahamas’ soon-to-be-repealed 12 percent VAT rate was branded “the lowest in the Caribbean” by the International Monetary Fund (IMF) in its much-debated report to the Government.
‘Rid yourselves of negative thoughts’ on $200m project
Bahamians were yesterday urged to “rid themselves of any negative thoughts” as to whether the latest $200m effort to revive the Cotton Bay Club is for real.
$200m plan to bring Cotton Bay to life
COTTON Bay Holdings Limited will partner with the Ritz Carlton Reserve brand in a $200m project in South Eleuthera that will employ 300 people during construction and 200 people during operation, according to officials.
Ayton scores 14 in win: Suns 1st team to 20 victories
PHOENIX (AP) — Chris Paul had 21 points and 10 assists, Jae Crowder added a season-high 19 points and the Phoenix Suns held off the San Antonio Spurs for a 108- 104 win last night.
INSIGHT: Are we ready to become a republic?
Barbados was the centre of attention last week – as the nation officially became a republic.
Out Island resorts 10% above Christmas 2019
Family Island resorts are “expecting” business for the November-December period to be 10 percent above 2019 levels, an industry executive saying: “The needle is moving in the right direction.”
Condolences sent to former U.S. Ambassador
THE Free National Movement has sent condolences to a former US Ambassador to The Bahamas whose mother was discovered murdered in her Beverly Hills home on Wednesday.
Retailer’s $10m spend creates up to 70 job
A Bahamian retailer yesterday said its $10m eastern New Providence investment, which has created 60-70 jobs, attracted more consumer traffic than expected during Saturday’s opening.
NCAA Division II basketball: McCoy, McFall, Bastian in spotlight
MALACHI McCoy earned conference player of the week honours, Jonathan McFall continued his high scoring and Lathaniel Bastian posted another double double in NCAA Division II basketball.
Testing for HIV/AIDS declined 55% in 2020
TREATMENT for HIV/AIDS has remained stable during the COVID-19 pandemic but testing for the virus declined by 55 percent in 2020, according to Dr Nikkiah Forbes, director of the National HIV/AIDS and Infectious Disease Programme.
Thompson: Economic performance improved from July to September
EAST Grand Bahama MP Kwasi Thompson is adamant that the former Minnis administration’s policies were working, pointing to increased revenues between July to September.
GB reefs decimated by disease
NINETY percent of coral reefs off Grand Bahama have been devastated by the lethal stony coral tissue loss disease – SCTLD – which threatens to ravage much of The Bahamas’ corals, affecting livelihoods and making the country less safe from storms.
FRONT PORCH: What’s the actual plan for vaccine booster shots?
A FRIEND recalls a recent exchange with an employee of a utility company who came to read a meter at his home. Asked by the friend if he was vaccinated, the utility worker replied: “No, I don’t believe in that stuff.”
Mother of former US Ambassador shot dead at Beverley Hills home
MINISTER of Foreign Affairs Fred Mitchell has sent condolences on behalf of Prime Minister Philip “Brave” Davis and the government regarding the shooting death of the mother of a former US Ambassador to The Bahamas.
Central Bank hit by staff sickout
A NUMBER of Central Bank workers called in sick yesterday to protest unresolved grievances with management.
Environment legislation
Thank you for giving me space to express my concerns about a situation that is unfolding that is deeply disturbing. I have heard numerous rumours since the new administration has taken over that the 2019 Environmental Planning and Protection Act and the 2020 Biological Resources and Traditional Knowledge Protection and Sustainable Use Act will be repealed.
Governor pledges to tackle private sector’s ‘pain spot’
The Central Bank’s governor yesterday pledged to tackle the “pain spot” suffered by many Bahamian companies over the difficulties encountered in opening bank accounts.
Credit union ‘over grading’ migrates to medium risks
Credit unions’ “over-grading” of the financial crime threat posed by customers has gone too far in the opposite direction with the percentage classified as “medium risks” near tripling in 2020.
Bahamas hitting ‘bull’s eye on HIV/AIDS global targets’
HIV/AIDS Foundation hosts candlelight vigil on December 1
TOMORROW the world re-commits to the fight against HIV/AIDS.
November was Movember: Men’s Heath Awareness Month
Movember is an annual worldwide event in the month of November that is geared towards the health awareness of men. Men throughout the world are encouraged to not shave during November and grow a moustache as a sign of solidarity and unity in the effort to emphasis the importance of men’s health awareness.
