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Export boost eyed from trade initiative
Bahamian entrepreneurs seeking to target foreign markets were yesterday urged to register with the Bahamas Trade Portal, which was hailed as a “groundbreaking resource” to increase exports and trade.
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Super Value chief in VAT ‘exclusive’ push
* Blames ‘inclusive’ switch for 10% sales fall * Plans to ‘go back at Gov’t’ over issue * ‘We don’t have to be contrary to world’
SUPER Value’s owner yesterday said will appeal to government for permission to revert to Value Added Tax (VAT) ‘exclusive’ pricing, blaming the switch for this year’s 10 per cent sales decline. Rupert Roberts, while likely reigniting the ‘inclusive’ versus ‘exclusive’ VAT pricing debate, told Tribune Business that Super Value’s 2017 top-line had seen a marked decline in comparison to the two years prior, during which time the food store chain had used VAT ‘exclusive’ pricing.
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Concern on Out Island approvals for construction
A Bahamian architect yesterday expressed concern that Family Island construction projects were being approved by persons lacking the necessary expertise, with the process susceptible to corruption.
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FNM: What led to decision to terminate workers?
DESPITE the Freeport Container Port reversing its decision to terminate some 20 staff, Free National Movement MP for East Grand Bahama Kwasi Thompson said he believes it is still incumbent on the government to investigate the circumstances that led to the decision in the first place.
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US donates generators and reverse osmosis systems to NEMA for shelters
THE United States government donated 28 generators that will be deployed to shelters in seven Family Islands and six reverse osmosis systems.
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TOP REALTOR CALLS FOR STAMP TAX 'REVERSAL'
A LEADING realtor is urging the Government to reverse its Stamp Tax increase on real property transactions, arguing that it is costing the Bahamas much-needed business and discouraging both local and foreign buyers. Mario Carey, head of Mario Carey Realty
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TOP REALTOR CALLS FOR STAMP TAX 'REVERSAL'
A LEADING realtor is urging the Government to reverse its Stamp Tax increase on real property transactions, arguing that it is costing the Bahamas much-needed business and discouraging both local and foreign buyers. Mario Carey, head of Mario Carey Realty
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TOP REALTOR CALLS FOR STAMP TAX 'REVERSAL'
A LEADING realtor is urging the Government to reverse its Stamp Tax increase on real property transactions, arguing that it is costing the Bahamas much-needed business and discouraging both local and foreign buyers. Mario Carey, head of Mario Carey Realty
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New osmosis plant for hurricane-hit Ragged Island
OFFICIALS expect to have a recently procured solarised reversed osmosis plant online in Ragged Island by next week, Water and Sewerage Executive Chairman Adrian Gibson has said. Addressing long-standing water issues on the island, Mr Gibson said the
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Offshore sector 'reverses' decline via 12.6% growth
The Bahamas’ international banking industry had “reversed” the recession-induced balance sheet contraction by 2011, growing assets by 12.6 per cent that year.
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Opposition calls for full disclosure on PLP links to oil
THE Opposition has vowed to do everything in its power to block exploratory oil drilling in the Bahamas before comprehensive regulations are put in place and unless there is full disclosure of any relationship between the oil industry and senior PLPs.
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Bran slams ‘career politicians’ for ease of business slump
The Bahamas’ slump to 121st spot in the World Bank’s ‘ease of doing business’ rankings stems from the country being run by “career politicians who know nothing about business”, the Democratic National Alliance’s (DNA) leader charged yesterday.
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Dual reverse osmosis system installed at Rand
WATER Mission has completed the installation of a dual reverse osmosis system at the Rand Memorial Hospital to ensure there is always access to a safe water supply, especially following a disaster.
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Water Corp debt to main supplier grows to $16.6m
The Water & Sewerage Corporation's outstanding debts to its main BISX-listed reverse osmosis supplier increased slightly to $16.6m during the 2023 first quarter despite government pledges to eliminate this, it was revealed yesterday.
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Major Upgrade to Water Supply for North Eleuthera
RELIEF is on the way for the water woes of approximately 5,000 residents of North Eleuthera. A major upgrade is presently underway to the water supply in that district that will bring relief to complaints of no water, salt water, low pressure and brown odorous water.
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Water Corp supplier in ‘tremendous’ costs rise
THE Water & Sewerage Corporation’s main supplier says the cost of operating its two New Providence reverse osmosis plants has increased “tremendously” over the past year due to the rise in global oil prices.
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Boost productivity to end business ease stagnation
The Bahamas must match increased business costs with “productivity and efficiency” improvements to reverse its ‘ease of doing business’ stagnation, the private sector urged yesterday.Christel Sands-Feaste, chair of the Chamber of Commerce’s (BCCEC) ‘
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Tourism flat-lines as yields off 28% since millennium
A 28 per cent decline in per tourist spending yields since 2000 has resulted in “no growth” this century in the Bahamas’ largest industry, the Minister of Tourism revealed yesterday.Dionisio D’Aguilar told the House of Assembly that the decline in pe
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Long lines and empty shelves after lockdown U-turn
Food stores were inundated with shoppers on Wednesday, hours after the government reversed the seven-day lockdown.
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'The bleeding's stopped' on doing business ease
The private sector yesterday warned the Bahamas “can’t jump through hoops” over its rise in the World Bank’s ‘ease of doing business’ index, even though its 119th position means “the bleeding’s stopped”.Edison Sumner, the Bahamas Chamber of Commerce’
