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VAT to hit CIBC operating costs
CIBC FirstCaribbean believes the factors that drove a 74.8 per cent first quarter profit increase will remain present throughout 2015, even though Value-Added Tax (VAT) will grow its Bahamian subsidiary’s operating expenses.
$30m investment set to aid 25,000 Bahamians
Some 25,000 Bahamians and 150 small and medium-sized enterprises (SMEs) are projected to benefit from a $30m investment to unlock the country’s ‘blue economy’ potential and enhance coastal protection.
Gov’t boost from moody’s $44m deficit miss forecast
MOODY'S has given the Government’s fiscal consolidation campaign a major boost by predicting that this year’s fiscal deficit will only narrowly overshoot its target by $44m.
CIBC deal positive if 'breaks up the cartel'
An ex-Central Bank governor yesterday said the proposed acquisition of CIBC FirstCaribbean could be positive for the Bahamian economy if it “breaks up the cartel” in the banking industry.James Smith, pictured, told Tribune Business that the Colombia-
House dispute erupts over controversial water plant
A dispute erupted in the House of Assembly yesterday over a troubled New Providence wastewater treatment plant that the new administration is pledging to finish “in the shortest possible time”.
House dispute erupts over controversial water plant
A dispute erupted in the House of Assembly yesterday over a troubled New Providence wastewater treatment plant that the new administration is pledging to finish “in the shortest possible time”.
Mitchell: Bill may let web shop owners launch banks
FOX Hill MP Fred Mitchell has questioned whether the new Banks and Trust Companies Regulations (Amendment) Bill will open the door for web shop owners to petition the Central Bank for permission to launch their own lending institutions.
Demand to criminalise marital rape
Thank you for allowing me to make a comment on the continuing discussion about the alleged need for the criminalisation of marital rape by the Parliament of The Bahamas.
Woman charged with sexual assault 'to submit alibi'
A FRENCH-Canadian woman accused of sexually assaulting a minor said on Friday that she would submit an alibi to the Office of the Attorney General within 21 days.
Burrows helps team to Game 1 victory in the Finals
JARAUN Burrows and FOS-Provence Basket are one step closer to a championship title and league promotion after a game one win in the LNB French Pro B Division Finals.Burrows was limited to just 17 foul-plagued minutes and scored six points in Fos-Sur-
Bahamas ranks 60th on UN preparedness list
THE Bahamas ranks 60th in the world in preparedness for the COVID-19 pandemic, according to the United Nations Development Programme. The UNDP has explored countries’ readiness in terms of overall human development, inequality, doctors per 10,000 pe
116 new cases of COVID-19, 22 virus-related deaths
MINISTRY of Health officials have reported 116 new cases of COVID-19 and 22 virus-related deaths, bringing the nation’s overall tally to 20,030.
Achieving the profile for business success
When I’m asked how business people find themselves in the wrong place at the wrong time, I generally follow two lines of reasoning. These include wrongly thinking there was a market in a gap where there was none, and lacking the right personality to be in business in the first place.
Renewable energy backlash on BPL utility-scale ‘no go’
Renewable energy professionals yesterday rejected PowerSecure’s dismissal of utility-scale solar for New Providence, describing its model costs as “extraordinarily high”.
Temple Christian Suns are national track & field champions
FOR the third consecutive year, the Temple Christian Suns emerged as the champions of the Ministry of Youth, Sports and Culture’s annual Frank ‘Pancho’ Rahming National Primary School Track and Field Championships at the Thomas A Robinson Track and Field Stadium.
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.
Father of two found hanged
POLICE are investigating the suspected suicide of a 35-year-old father of two who was found hanged from a tree in the yard of his Coconut Grove home yesterday morning.
Jury shown images of aftermath of murder
A SUPREME Court jury yesterday was shown nearly five 100 images illustrating the aftermath of the murder of a web shop employee in Deadman’s Cay, Long Island.
Buddy scores 24 in loss to the Raptors
SACRAMENTO, California (AP) — Buddy Hield scored 24 points, including three 3-pointers, and dished out three assists but it wasn’t enough as the Toronto Raptors beat the Sacramento Kings 114-105 on Wednesday night.
Bahamas to field its best team ever: FIBA Pre-Olympic qualifier August 14-20
With National Basketball Association’s DeAndre Ayton and Eric Gordon all committed to joining Chavano “Buddy” Hield and Kai Jones, the Bahamas is expected to field its best team for the Pre-Olympic Qualifier in Santiago de Estero, Argentina.
