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Property Tax giveaway
One of the giveaways that we became so accustomed with from the outgoing Government was concerning the substantial arrears of unpaid Real Property Tax — some $600m on personal properties.
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Credit access slumps to under 50% of GDP
Credit to the private sector continued its “long-term decline” during the COVID-19 pandemic to drop below a sum equivalent to 50 percent of GDP, Moody’s has revealed.
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Bahamas GDP rebounds 4-8 months after storms
The Bahamas has returned to pre-hurricane gross domestic product (GDP) levels between four to eight months after each of the last four major storms struck this nation, a study has found.
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PLP debt led to ZNS ad block
THE Broadcasting Corporation of The Bahamas has denied allegations it had an unfair policy of refusing advertisements from the Progressive Liberal Party before the general election.
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Moody’s throws wrench into PLP’s VAT cut plan
The Davis administration’s pledge to slash the VAT rate to 10 percent has been undermined by Moody’s downgrade of The Bahamas’ creditworthiness, Tribune Business was told yesterday.
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Goldwynn targets $160m sales amid ‘non-stop’ buyer inquiries
The Wynn Group yesterday said the “phones are ringing non-stop” with buyer inquiries on its Goodman’s Bay project as it targets $160m in total sales at full build-out.
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UPDATED: Govt promises to increase pensions, enhance social assistance
THE government has promised to increase pensions for the elderly and raise benefits for the disabled community as a part of its plan to improve social assistance.
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Common sense over COVID
This Covid-19 pandemic, which seems intent on cleansing an over populated planet, has presented many problems for humanity.
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EDITORIAL: Foul or fair? The PLP puts promotions on hold
ON the eve of the 2017 election, the Royal Bahamas Police Force promoted 851 officers under the then PLP government.
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Davis: We have seen damage from rule by just one man
PRIME Minister Philip “Brave” Davis has revealed that his government will follow a “servant-leadership” concept, saying “we have all seen how the rule by one man has damaged our country”.
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‘We’ll seek new terms to avoid debt default’
PRIME Minister and Minister of Finance Philip “Brave” Davis said his administration is “assessing” the country’s debt arrangements and will seek to negotiate where necessary to avoid default.
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Our three NBA players reflect, and project what’s left to come
As NBA franchises enter training camp, players took the opportunity to reflect on their offseasons and project what’s next to come on the upcoming campaign.
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August marks ‘historic’ revenue high for Aliv
Aliv’s top executive yesterday said August was the highest revenue-generating month in the mobile operator’s history as it bids to dominate market share by end-June 2022.
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Activists urge ‘permanent’ ban on all oil exploration
Environmental activists yesterday urged the Davis administration to impose a total ban on oil drilling in Bahamian waters after an explorer confirmed it has still to settle outstanding licence fees due to the Government.
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Bahamas in world’s eighth largest electric car sale rise
The Bahamas was yesterday said to have exceeded last year’s electric vehicle sales in the first nine months of 2021, having produced the world’s eighth largest year-over-year increase during COVID-19’s peak.
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Privy Council hearing could halt Gov’t/developer ‘scuttling’
An outspoken QC was yesterday optimistic that an upcoming Privy Council case may set legal precedent over tactics employed by the Government and developers to “scuttle” court challenges.
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Bahamas’ DARE pays off
The Securities Commission’s executive director yesterday said its legislative DARE has received “a huge vote of confidence” through attracting a major crypto currency exchange to The Bahamas.
