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Gov't concern as hotel union on 'work-to-rule'

The hotel union's president last night said he told the Government "to talk" to industry employers as workers went into "full work-to-rule mode" over the impasse in industrial agreement talks.

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'World has changed': IBCs taxed on foreign earnings

Bahamas-domiciled International Business Companies (IBCs) will have to pay tax on their overseas earnings from New Year's Day 2024 in an historic first for this nation, a senior official confirming: "The world has changed."

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When will we learn, Bahamians?

My people Bahamians everywhere, we of these beautiful islands of the Bahamas. When will we come together the yellow, red, green, black, purple all the political partners? When will we speak the truth and say to each other enough is enough.

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Crackdown on tax cheats 'most co-ordinated' ever

The Government is launching its "most co-ordinated effort" ever to crackdown on tax cheats with its success in collecting hundreds of millions in outstanding revenue critical to avoiding "increased tax rates".

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Pineapple revival 'not as easy as throwing $2.5m'

A Bahamian pineapple farmer yesterday warned that the Governments ambitions to revive this agricultural niche will "not be as simple as just throwing $2.5m at it".

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Supreme Court seizes luxury goods for US company

THE Supreme Court has ordered the seizure of merchandise in a case involving local luxury goods.

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CLICO victims urge: 'We need a new day'

The Government was yesterday urged to "make it a new day" for long-suffering CLICO (Bahamas) policyholders amid concerns that zero of the $3.8m compensation allocated in the 2022-2023 Budget has been paid out.

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'Resounding no' to Business Licence filing extension call

The Government was yesterday said to have rejected calls to extend the Business Licence filing deadline despite multiple companies complaining they were unable to access its online tax payment portal.

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Jazz Chisholm Little League teams sweep five divisions at 2nd Reloaded Invitational

THE Jazz Chisholm Little League (JCLL) teams took home five division championships at the second edition of the Reloaded Baseball Invitational.

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BTC union anger erupts on manager dismissals

The Bahamas Telecommunications Company’s (BTC) top executive yesterday said there will be times when the carrier and its two trade unions "vigorously disagree" amid demonstrations over staff terminations.

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Businesses awaiting Budget with 'anxiety'

Bahamian business owners yesterday admitted to feeling "some anxiety" over today's Budget as the Davis administration was urged to prioritise ease of doing business reforms to generate faster economic growth.

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PM: 'Smell is rotten' on BPL's Wartsila purchase

The Prime Minister yesterday blasted that "the smell is rotten" as he and his predecessor resumed House of Assembly battle over whose administration is responsible for Bahamas Power & Light's (BPL) dire state.

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Low energy: Bahamas worst in Caribbean for renewables

Renewable energy providers yesterday voiced significant "doubts" that The Bahamas will meet its 2030 goals after this nation was found to have the lowest penetration in the Caribbean at just 2 percent.

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US visa concern

Here is a matter of great concern, I am one of the Bahamians who falls in the category of Bahamians who need a US Visa B1/B2 to visit the States, but felt I was wrongly treated in my reapplying for the visa, following numerous submitted applications through a JP Visa prepared my visa wasn't approved, but each time was told I may re-apply at a later date and I always waited over the suggested waiting time six months before re-applying.

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Staff and unions blast BTC during protests

Several dozen Bahamas Telecommunications Company (BTC) workers yesterday joined with executives from the company's two trade unions to demonstrate against feared job losses and other grievances with the carrier.

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Auto dealers optimistic 2023's 40% surge keeps momentum

A Bahamian new auto dealer yesterday voiced optimism that price stability and better availability will further boost sales in 2024 following a 40 percent year-over-year surge for the first 11 months last year.

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Insurers 'over reacting' on 50% investment 'minimum'

The Ministry of Finance's top official yesterday said insurers are "over reacting" to the consultation on holding a "minimum" 50 percent of their investments in government securities as he refuted fears it is "desperate for funds".

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Corporate tax paper 'setting foundation' to broaden base

A prominent banker yesterday asserted it was no accident that the Government released its corporate income tax 'green paper' just days before the Budget, adding: "It needs to increase its revenue base."

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Petroleum retailers agree to 'phased in' margin increase

Bahamian petroleum retailers yesterday said they will accept a "phased in" 30 cent per gallon margin increase as they urged the Prime Minister to meet with the sector this week "to put this baby to sleep".

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Budget deals marinas 'another slap in face'

A former Association of Bahamas Marinas (ABM) president yesterday asserted that the Budget has dealt the industry "another slap in the face" through multiple fee increases for dockage and vessel registration.