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MOTIA welcomes golfers to Great Exuma Classic – PGA Korn Ferry Tour
EXUMA, The Bahamas – Deputy Prime Minister and Minister of Tourism, Investments & Aviation Chester Cooper welcomed over 100 participants to the Great Exuma Classic/PGA Korn Ferry Tour, as the country rebounds from the COVID-19 pandemic.
‘Why we tightened the net for entry’
MINISTRY of Health officials noticed a significant increase in confirmed COVID-19 cases from travellers about three to four weeks ago, acting Chief Medical Officer Dr Phillip Swain said yesterday.
Betting shops new levy scrapped
ECONOMIC Affairs Minister Michael Halkitis said the government will do away with a patron tax on lottery winnings, although the levy was never implemented on gaming houses.
Reserves slide continues trend with four percent fall
External reserves slid by four percent in November, continuing a trend, according to the Central Bank of The Bahamas.
Gambler winnings tax ‘too complex’
The Minnis administration chose not to implement the tax on web shop patron winnings because it was “too complex” and could have driven gamblers back into the underground economy.
Restoring fiscal health, investing in our future
In 2022, the Davis administration is laser-focused on moving The Bahamas beyond recovery into a period of robust, broad-based economic growth. This means building an economy that widens the circle of opportunity and lifts all Bahamians - not just a few.
Gov’t targets property tax tripling to $400m
The Government is aiming to more-than-triple annual real property tax collections to at least $400m as a key component in its ambitions to achieve a 25 percent revenue-to-GDP ratio.
Super Value’s solar roll-out eyes 60% energy bill slash
Super Value’s principal yesterday revealed the supermarket chain is aiming to slash its energy bill by “60 percent or better” through installing solar power at all its stores by summer 2022.
HUBERT EDWARDS: Reigniting the debate on Bahamian taxation
Commenting on public policy issues requires careful and determined effort given that these are always fluid and dynamic, while positions taken often draw scrutiny. Over this series of articles looking at the Bahamian tax regime, I am always mindful there are things I do not know, but with careful analysis there are important matters that can be explored. This, the final of four pieces, looks at developing issues that have the potential to move the needle while sharing a few cautionary points.
Smugglers’ accusation investigated
POLICE Commissioner Paul Rolle said the Royal Bahamas Police Force is investigating a claim that an officer was allegedly involved in a $25 million cocaine operation.
Smith revels in RCCL’s Lucayan setback
A Bahamian entrepreneur said Royal Caribbean Cruise Line (RCCL) is on a losing streak in The Bahamas now, should re-evaluate their future.
Inflation to wipe VAT cut savings
Rising inflationary pressures could wipe out any consumer savings generated by the VAT rate being cut to 10 percent, a supermarket executive warned yesterday.
Supply chain woe ‘highly challenging’ for brewery
Commonwealth Brewery’s top executive yesterday said supply chain woes had made trade “highly challenging” for some of its imported brands with such issues set to persist in 2022.
923 police officers promoted this month
MORE than 920 Royal Bahamas Police Force officers of all ranks received promotions this month.
How the bounce-back was working before the fourth wave
The Central Bank of The Bahamas’ (CBOB) Monthly Economic and Financial Developments (MEFD) report for November, said tourist arrivals increased by nearly 3,400 percent from 2020.
Deandre Ayton clears COVID-19 protocols
DEANDRE Ayton recently cleared COVID-19 protocols but while fans are still waiting for his return to the court, the Phoenix Suns centre appeared on the leaderboard for a spot in the NBA All-Star game.
Frustration mounts over cay’s ‘economic disaster’
A Treasure Cay investor yesterday described the Abaco-based destination as an “economic disaster” due to its painfully slow rebound from the devastation inflicted by Hurricane Dorian.
Lavern Eve wins Macedonia Baptist Church Family Fun Walk Race
RETIRED Bahamian sporting icon Lavern Eve, back home for the holidays, displayed her keen sportsmanship by winning the ladies’ division of the Macedonia Baptist Church Men’s Family Fun Walk Race on Saturday.
MAN ‘TRIED TO SHOOT COP ON CHRISTMAS DAY’
AN Abaco man was remanded to prison yesterday after being accused of trying to shoot a police officer on Christmas Day.
Man denies breaking into school to steal $100 of food
A 22-year-old man who denied breaking into a local school and stealing food was yesterday granted bail before his trial.
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