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SIMON COOPER: Foreign examples show Bahamas the way on VAT

With the draft Value-Added Tax (VAT) Bill out for consultation, it is appropriate to consider the experience of other countries on the subject.

Our Lucaya

No one understands the economics and social implications of the indecision concerning this resort. However Ministers are talking double-talk.

Minnis tests negative for COVID-19

PRIME Minister Dr Hubert Minnis said he tested negative for COVID-19 last week. He told The Tribune he took a test on Wednesday in preparation for a trip to Grand Bahama to survey health facilities there. However, he said health officials have advised him not to travel to Grand Bahama because it is too risky.

Bahamas Roadmasters Virtual 9th Bahamas Half Marathon/ 10k set for November 20-21

WHILE they wait on the restrictions to be lifted for mass gatherings at public outings, Bahamas Roadmasters is encouraging persons to come out and participate in their Cancer Treatment of America Virtual 9th Bahamas Half Marathon and 10 Kilometre race.

All-out war over gaming

THIS all-out war between the gaming houses and the Bahamas Government is good example of what happens when one entity is struck by power and makes risky, uncalculated decisions without any considerations to consult the other.

El Faro captain intended to sail 65 miles from storm

Federal investigators say the captain of the doomed El Faro cargo ship that sank after being battered by Hurricane Joaquin intended to pass 65 miles from the centre of the storm, a decision maritime experts say was risky.

Credit Bureau to stop ‘risky loans’

Bahamian commercial banks issue “more risky loans” because they do not have full information on borrower creditworthiness, the industry regulator last night suggesting this had exacerbated the sector’s $1.028 billion non-performing loans.

$400m extra VAT 'more than risky'

The Government’s forecast of $400m in extra VAT revenues is “more than risky”, the Exuma Chamber of Commerce’s president warning: “I can almost guarantee it won’t happen.”Pedro Rolle yesterday told Tribune Business that the 60 per cent VAT rate hike’

‘More power’ to China if it finishes Baha Mar

A former Baha Mar director yesterday said financing the project’s full $600 million construction completion represents “an extremely risky strategy” for the China Export-Import Bank, but conceded: “More power to them if they do.”

Power cuts hit radio stations

RADIO 100 JAMZ and Joy 101.9 went off the air early Thursday morning after a series of power cuts affected the antenna and transmission systems. Engineers were working all day yesterday and late into the night to repair the antenna and restore transmission as quickly as possible.

Solar-powered plane crosses Pacific

A SOLAR-powered plane on a mission to fly around the world landed in California at the weekend, completing a risky, three-day flight across a great expanse of the Pacific Ocean.

Al Jarrett dies, aged 69

RETIED banker, economist and patriot Alfred Jarrett, pictured, died early yesterday morning after a massive heart attack.

Williams ‘must resign’ over ‘risky’ comments

THE acting director of public prosecutions has come under fire after telling a reporter the country has a “generation of highly sexualised young people” who sometimes “engage in risky behaviours”.

FOCOL chief: Little we can do over $6 gas prices

THE president and CEO of FOCOL Holdings Ltd said that local gas distributors have little say over fuel prices due to global supply issues, after Bahamian prices jumped past $6 a gallon.