June 5, 2019
Deputy Prime Minister and Minister of Finance K Peter Turnquest.
Stories this photo appears in:
Turnquest promises to support GB business
DEPUTY Prime Minister K Peter Turnquest said the government is committed to facilitating the ease of doing business in Grand Bahama. He spoke after the owners of an air-cargo business, which has operated in Freeport for some 20 years, said they are
Six-month plant delay hits Pharmachem jobs
A six-month construction delay has forced Pharmachem Technologies to lay-off 23 staff, with possibly more to follow, in what was yesterday described as a “major blow” for Freeport’s economy.
Turnquest: Prepare for hurricanes
ALTHOUGH the Bahamas is predicted to have a “normal” hurricane season, Deputy Prime Minister K Peter Turnquest yesterday pointed out that it “only takes one storm to really cause devastation.”He noted the major hurricanes of 2015, 2016, and 2017 cost
Free tuition grades for university are revealed
IN a major policy shift beginning this fall, Bahamian students enrolled full-time at the University of Bahamas will be required to only maintain a 2.0 grade point average to receive free tuition and full financial coverage of their compulsory course fees.
DPM hails 42% rise in FDI equity inflows
The deputy prime minister yesterday hailed a 42 percent year-over-year increase in foreign investors’ equity investments as confirmation that “The Bahamas’ economic turnaround has begun”.
$699m VAT collection lower than expected
THE Minnis administration collected $699.3m in value added tax in the 2018/2019 fiscal year, a 21.5 percent increase over the previous fiscal year, according to Deputy Prime Minister K Peter Turnquest yesterday.
VAT fuel waiver beat households target
AN estimated 79,000 households have benefitted from the Minnis administration’s concession that eliminates value added tax on Bahamas Power and Light bills under $300.
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