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Kalik maker sees profitability return
Commonwealth Brewery produced a more-than $7.32m bottom line reversal to return to profitability in the 2021 second quarter, with its revival aided by relaxed COVID restrictions and a more open economy.
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Bahari Bahamas brand pops up in Grand Bahama
BAHARI Bahamas is returning to Grand Bahama with a pop-up shop to launch its new independence collection at the Port Lucaya Marketplace.
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Retailers detect Black Friday spend rebound
RETAILERS reported a “spending rebound” on Black Friday as shoppers queued from 5am to seek-out bargains leading into the Christmas holiday shopping season.
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Water Corp ‘author of own demise’ on supply cut-off
The Water & Sewerage Corporation has been blasted as “the author of its own demise” over $644,000 in unpaid bills that resulted in water supply to central Eleuthera residents being cut-off for several days last October.
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Time to break cycle
The reasons for the upcoming snap election (the first in Bahamian history) are as clear as daylight. The unprecedented fiscal challenges posed by a year of lost economic activity have the government facing a dilemma long in the making.
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Police shoot man in buttocks
A JUVENILE who led police on a car chase yesterday morning was shot in the buttocks by officers.
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Two VAT holidays to help families cope
PRIME Minister Dr Hubert Minnis announced that both a back-to-school value added tax holiday and a hurricane preparedness VAT holiday will take place during August and July.
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Robbers snatch Miller’s payroll
FORMER Tall Pines MP Leslie Miller says he was robbed yesterday of $2,700 when he went shopping at an Oakes Field grocery store.
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Christmas ‘make or break’ for local retail
A Bahamas Federation of Retailers co-chair yesterday warned the upcoming Christmas season will be “make or break” for many merchants still grappling with the COVID-19 pandemic’s devastating economic fall-out.
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VAT cut’s ‘modest’ jobs, growth effect
Cutting the VAT rate to 10 percent will cause “only slight improvement” in job creation and economic growth, a University of the Bahamas (UoB) study asserts, while advocating it still “be pursued’.
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Eleuthera water cut-off prevented at last minute
CENTRAL Eleuthera’s water supply enjoyed a last-minute rescue after the Water & Sewerage Corporation finally submitted a newly-signed contract to the area’s supplier before Friday’s cut-off deadline.
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Marinas’ ‘one-stop shop’ dream in Customs halt
The Association of Bahamas Marinas (ABM) president yesterday voiced growing frustration that its dream of creating a “one-stop shop” for all boating fees and permits has been halted by Customs.
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Gambler winnings tax ‘too complex’
The Minnis administration chose not to implement the tax on web shop patron winnings because it was “too complex” and could have driven gamblers back into the underground economy.
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Local shop initiative looking for ‘next big thing’
THE ShopLocal initiative will be extended through this month as the initiative’s director is looking for “the next big thing” to spur Bahamians into shopping at home.
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Retailers glad curfew won’t prevent shopping
RETAILERS were yesterday happy that the newest curfew change taking effect today does not prevent customers from shopping and gives workers sufficient time to get home from work.
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Rental expenditure
Issue: The Government’s Huge Rental Expenditure Let’s have a look at abandoned and derelict Bay Street properties.
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AID in expansion to Harbour Bay
A major Bahamian retailer yesterday confirmed it has expanded to the Harbour Bay Shopping Centre in a bid to reach consumers who would never travel to its main location.
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Man shot dead on Robinson Road
A MAN was shot dead outside of a place he worked early Friday morning.
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‘Huge dreams' snatched away in deadly shooting
A RELATIVE of a Muffler World employee who was shot dead last week said he was planning to attend Florida International University before he was killed.
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‘We’re not taking VAT change sitting down’
A Freeport manufacturer yesterday warned its competitiveness will be undermined, and presence in The Bahamas endangered, by VAT reforms that have seemingly removed its ‘zero rated’ status.
