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Banking limitations restrict BISX model for crowdfunding
Banking system limitations are restricting the Bahamas International Securities Exchange’s (BISX) development of crowdfunding and small business listing platforms, its chief executive has revealed.Keith Davies, in a recent interview with Tribune Busi
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'Embrace' private sector into work permit decisions
Private sector representatives should sit on the Immigration and Labour Boards, a well-known businessman suggested yesterday, warning that many companies were beginning to “resent” being forced to hire understudies as a condition of work permit approvals.
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Construction fears over 150% Business Licence fee increase
Most Bahamian construction firms are staring at a 150 per cent increase in their Business Licence tax rate, a senior industry executive warning the Government it was “trying to kill the goose that laid the golden egg”.
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Four months to 'convince' Gov't on spending cuts
The Tax Coalition has four months to “convince” the Government that commitments to spending curbs are “essential”, a co-chair adding that expenditure increases across 30 ministries do little to inspire confidence.
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Budgeting to face future challenges
* In the second of a four-part series, Hubert Edwards argues that the Government had limited options with the 2021-2022 Budget due to a paucity of resources
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Realtors hail 'awesome' exchange control relax
Realtors yesterday hailed as “awesome” the Central Bank’s proposal to relax exchange controls on residential property deals involving foreign buyers and sellers with effect from October 1. The regulator, in a four-page document outlining its liberal
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Bahamas urged: 'Clean up' $184m unverified accounts
A Caribbean regulatory body has urged Bahamian banks to show “more dedication and urgency” in cleaning up 20,000 ‘unverified’ accounts that collectively hold almost $184 million.The Caribbean Financial Action Task Force (CFATF), in its July 2017 repo
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Tech winners and losers of 2020
We streamed, we Zoomed, we ordered groceries and houseplants online, we created virtual villages while navigating laptop shortages to work and learn from home. In many ways, 2020’s pandemic-induced isolation threw our dependence on technology into overdrive, snipping away at our real-life connections while bringing digital relationships to the fore.
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