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BTC and Cable Bahamas oppose URCA's publication of accounts
BTC and Cable Bahamas oppose URCA's publication of accounts By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE publication of separate accounts and cost accounting information is being opposed by the Bahamas' two leading commun
Pinder: Sue for $13m over ‘Bahamas papers’
A former financial services minister yesterday suggested that this nation sue to recover the $13 million in Companies Registry search fees owed by the international journalists’ group responsible for the ‘Bahamas papers leak’.
ICTs have ‘key role’ in sustainable development
Information and Communication Technologies (ICTs) have a “critical role” to play in ensuring sustainable development, the Utilities Regulation and Competition Authority’s (URCA) policy director believes.
Financial sector: Dual citizenship 'loophole' fears
Financial sector: Dual citizenship 'loophole' fears By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Dual citizenship issues are a "loophole" in the US Foreign Account Tax Compliance Act (FATCA), a Bahamian attorney said yesterd
BAHAMAS AND CANADA TIEA 'WILL CEMENT RELATIONSHIP'
THE Tax Information Exchange Agreement (TIEA) between the Bahamas and Canada which came into force last week "will further cement the relationship between the two countries" it was stated yesterday. In a bulletin from the law firm of Higgs and Johnson it
BAHAMAS AND CANADA TIEA 'WILL CEMENT RELATIONSHIP'
THE Tax Information Exchange Agreement (TIEA) between the Bahamas and Canada which came into force last week "will further cement the relationship between the two countries" it was stated yesterday. In a bulletin from the law firm of Higgs and Johnson it
ICTs cited as ‘enabler’ for sustainable cities
Information and Communications Technologies (ICT) can be used as ‘enablers’ to tackle environmental challenges and build sustainable cities, an adviser to the International Telecommunications Union (ITU) said yesterday.
Retailers await ‘busy weekend’
BAHAMIAN retailers yesterday said sales have began to pick-up in the week prior to Christmas, amid anticipation of a “very busy weekend”. “The response to our retail Christmas offer has been outstanding. We are so thankful to our subscribers for their continued support of us, and we are looking forward to closing out the season with a bang,” Aliv’s chief business developer, Gravette Brown, told Tribune Business.
Worker productivity concerns businesses
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net WORKER productivity is a growing concern for employers, the Bahamas Chamber of Commerce and Employers Confederation (BCCEC) chairman telling Tribune Business yesterday this was vita
'Only God knows how we survived'
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Companies impacted by the New Providence Road Improvement Project (NPRIP) definitely need a "cash injection", one such businessman yesterday estimating his firm had suffered a loss
'Only God knows how we survived'
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Companies impacted by the New Providence Road Improvement Project (NPRIP) definitely need a "cash injection", one such businessman yesterday estimating his firm had suffered a loss
Citibank confirms staff downsizing
CITIBANK (Bahamas) yesterday confirmed it had laid-off several employees, a bank executive telling Tribune Business it was part of its "ongoing efforts to control expenses". At least eight employees were reportedly laid-off, but Rose Ferguson, public affa
Rolle: Bahamian unemployment rate 'not out of the doldrums yet'
Rolle: Bahamian unemployment rate 'not out of the doldrums yet' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamian unemployment rate now at 15.9 per cent is a clear indication that the economy has "not turned out of th
KFC union concern on recognition precedent
KFC union concern on recognition precedent By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net KENTUCKY Fried Chicken's (Nassau) nine stores remained closed yesterday, although union executives told Tribune Business they had informe
Roadwork hit firms: 'It's never too late to do the right thing'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government's plans to provide assistance to businesses impacted by the New Providence Road Improvement Project was hailed as a good move yesterday, with Coconut Grove Business L
Roadwork hit firms: 'It's never too late to do the right thing'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government's plans to provide assistance to businesses impacted by the New Providence Road Improvement Project was hailed as a good move yesterday, with Coconut Grove Business L
PM: ‘No time to rest on laurels’ over EU
THE Prime Minister yesterday said the Bahamas has “no time to rest on our laurels”, given the European Union’s (EU) concerns over the absence of corporate income taxation. Dr Hubert Minnis told the House of Assembly that the EU’s Code of Conduct group had written to the Government expressing concerns that this nation’s tax system did not comply with its ‘blacklisting’ criteria.
OIL EXPLORER NAMES MCDONALD DIRECTOR
Former Royal Bank of Canada (RBC) Bahamas and Caribbean head, Ross MacDonald, has been appointed to the board of the Bahamas Petroleum Company (BPC). Mr MacDonald, 59, will join the board with immediate effect. Dursley Stott, a current non-executive direc
PM pledges road project reviews
PM pledges road project reviews By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PRIME Minister Hubert Ingraham said yesterday that an independent review would be undertaken of the government's administration of the New Providenc
Chamber chief urges holiday crime ‘vigilance’
THE Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chief executive yesterday urged businesses and consumers to be “vigilant” and “take every precaution” to avoid becoming victims of crime this Christmas season. Edison Sumner expressed concern over the “startling” increase in cyber crime and credit card fraud.