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Small business agency refutes ‘demand letter’
The Government’s key small business support agency yesterday disputed assertions it sent a “demand letter” to one of its clients seeking repayment of a loan that had fallen into arrears.
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Big data is big business
ActivTrades
A lot of investors call data the new oil or gold. But they are wrong, since data nowadays is much more valuable to all companies as it is almost irreplaceable.
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Roger Kelty ‘was a good friend’
PAT Strachan, chairman of the Retired Boxers Association, expressed sadness on the passing of Roger Kelty, calling him “a good friend”.
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New location drives 80% of December sales rise for AID
A major Bahamian retailer yesterday revealed that its newly-opened Blue Hill Road and Coconut Grove store was responsible for 80 percent of the December sales increase seen in Nassau.
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VAT slash ‘not reckless’ as revenues up $160m
The Ministry of Finance’s top official yesterday said the VAT rate cut “is not a reckless, populist act” as he revealed the Government has outperformed first half revenue targets by $160m.
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Bowleg apology for Junkanoo film errors
AFTER complaints over the New Year’s Day virtual Junkanoo presentation, Youth, Sports, and Culture Minister Mario Bowleg said errors are being corrected and a rebroadcast is planned.
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Sir William’s son hits back in $144k dispute
A son of the late Sir William Allen yesterday denied that his father owed a $144,000 debt to a local businessman, and argued that any obligation to repay hinges on a “deal” that has not yet closed.
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Dorian-hit islands slam VAT change as ‘short-sighted’
The Government’s assertion that reimposing VAT on construction services in Dorian-hit islands will only hurt a “minority” of wealthy homeowners was yesterday blasted as “short sighted”.
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IHOP Bahamas arrival targets up to 130 jobs
A Bahamian entrepreneur yesterday revealed plans to create up to 130 local jobs by making this nation “the anchor for the whole Caribbean” with the IHOP franchise he has just secured.
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DIANE PHILLIPS: The Great Resignation – is The Bahamas vulnerable?
ALL the talk about everything COVID has made us weary.
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Hilton’s ‘indefinite’ close threatens up to 130 jobs
The “fragility” of tourism’s post-COVID rebound was yesterday underscored by the British Colonial Hilton’s decision to “indefinitely” close from February 15, 2022, and terminate up to 130 staff.
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GB Power’s ‘major cash flow constraint’ warning
Grand Bahama Power Company yesterday said it will suffer “a significant cash flow constraint” after it was granted just 53 percent of the base electricity rate increase it was seeking.