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Taxi union threatens stoppage
THE Bahamas Taxi Cab Union is threatening to withdraw services this holiday season if Transport Minister Renward Wells does not meet with them soon to disclose the government’s plans for the sector on the issue of taxi plates.
Turnquest laments closure of Deep Water Cay
THE closure of the country’s oldest bonefishing lodge will have “significant” economic impact on communities in East Grand Bahama, according to the minister of finance. K Peter Turnquest, deputy prime minister and also member of Parliament for East G
Govt: No VAT on insurance claims
The Ministry of Finance’s top official yesterday said it had moved swiftly to “pre-empt” erroneous social media claims that VAT is being charged on Dorian claims payouts. Marlon Johnson, acting financial secretary, told Tribune Business that the min
Deandre Ayton posts his 17th double double of the season
DEANDRE Ayton was off his minutes restriction and had his most dominant performance of the three games he has been back on the floor since his return from an ankle injury.
IDB pledged $59m Bahamas savings through guarantee
The Bahamas would save $59m per year via a $200m guarantee from the Inter-American Development Bank (IDB) to underwrite a proposed foreign currency bond issue, it has been asserted.
Smith revels in RCCL’s Lucayan setback
A Bahamian entrepreneur said Royal Caribbean Cruise Line (RCCL) is on a losing streak in The Bahamas now, should re-evaluate their future.
Inflation to wipe VAT cut savings
Rising inflationary pressures could wipe out any consumer savings generated by the VAT rate being cut to 10 percent, a supermarket executive warned yesterday.
Supply chain woe ‘highly challenging’ for brewery
Commonwealth Brewery’s top executive yesterday said supply chain woes had made trade “highly challenging” for some of its imported brands with such issues set to persist in 2022.
Coach Yo and Ole Miss Rebels win second straight game
YOLETT McPhee- McCuin’s Ole Miss Rebels will conclude a busy regular season schedule with three games over the course of the next seven days.
Ole Miss Rebels clinch No.4 seed in the SEC Tournament
Yolett McPhee- McCuin continues to lead the Ole Miss women’s basketball programme to an accolade season filled with milestones and now they head into the postseason as one of the top ranked teams in the nation’s most competitive conference.
Titan funds speed up Family Islands launch
Sebas Bastian’s investment house yesterday said potential investor demand had caused it to speed up the launch of its two Titan investment funds outside New Providence.
Portable pensions, redundancy fund under exploration
Portable worker pensions and creating a National Redundancy Fund are among the reforms being eyed by the National Tripartite Committee’s strategic plan, it was revealed yesterday.
‘Three years’ grace urged for $1m residency change
The Government has been urged to give the real estate market a ‘three-year grace period’ to adjust to the new $1 million permanent residency ‘fast track’ threshold, a realtor saying it was “amazing” that no one in the industry seemed to have been consulted on the move.
FOURTH QUARTER PRESS: Sports can bring a welcome distraction after Matthew
AS sports in the Bahamas has taken a back seat to Hurricane Matthew and the repairs in its aftermath, I have been speculating on how much of a hit sports across the country has taken due to this storm.
Mingoes rain down goals on Inter-Nassau FC blues
THE University of the Bahamas men’s soccer team started off very slow against Inter-Nassau FC Blues Sunday in Bahamas Football Association action at The Roscow A.L. Davies Field.
Executive Entity eyes 'big global take-up'
There could be “a lot of international take-up” of the Bahamas’ Executive Entity product if a Guernsey-based provider’s interest in using it comes to fruition, Tribune Business was told yesterday.
BAAA CHIEF: Carifta hiccups inevitable
MIKE Sands, Bahamas Association of Athletic Associations president, believes that “hiccups” were inevitable during Carifta as thousands flocked to the national stadium over several days.
Galanis: Flat $100 Business Licence fee is ‘mistake’
A prominent Bahamian accountant yesterday urged the Government to reconsider its proposal to reduce all Business Licence fees to a flat $100 rate, arguing that such a move would “fly in the face” of achieving equality in taxation policy.
Speed Week unveils $1m economic impact
Bahamas Speed Week’s organisers yesterday said that despite themselves incurring financial losses, its inaugural revival - after a 48-year hiatus - last year pumped more than $800,000 into the Bahamian economy.
CHAMBER VOICE: Making the most of what we have
WHILE registered voters in the Bahamas make their way to the polls today to decide whether or not to accept, and support, local gambling, businesses make similar decisions daily.
