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08142023 HOME BUYER'S GUIDE
Monday, 14th August, 2023.
Digital banking ‘easing pain’ in Family Islands
DIGITAL banking providers are easing the “pains and pressures” faced by unbanked and underbanked Family Islands, according to Jevon Butler, chief sales officer at Kanoo, said yesterday.
Bank charges
I received an urgent email yesterday from one of our vendors saying please don’t send any wire payments to our account at Commonwealth Bank. While the other Bahamas banks have wound down their customer facing options, Commonwealth has been advertising like a native rooster, their “in-branch” availability as a competitive advantage.
Prove services exports deserve VAT-free rating
Bahamian accountants must prove audit and other services they provide to financial services entities are “for purposes outside” the jurisdiction to obtain VAT-free treatment, the tax authorities have ruled.
Bahamian firms urged to embrace AI benefits
Bahamian companies are being urged by the head of a local technology firm to embrace the advantages of using artificial intelligence (AI) in their day-to-day operations.
Diamond depository deal would help ensure Botswana not ‘held hostage’ by global north
PRIME Minister Philip “Brave” Davis elaborated on his hopes of turning Grand Bahama into a depository for diamonds from Botswana during the closing press conference of his trip.
Bahamas moves to block loss of investment funds
The Prime Minister yesterday unveiled reforms to a package of financial services laws in a bid to prevent The Bahamas losing “a material amount” of investment funds to Brazilian tax law changes.
Bahamas faced with losing ‘material amount’ of funds
The Attorney General has warned that The Bahamas is threatened with losing “a material amount” of its investment funds due to likely tax reforms in Brazil.
Joining WTO is not a Bahamas priority
A Cabinet minister yesterday reaffirmed that becoming a full World Trade Organisation (WTO) member is not a priority for The Bahamas at present although such a move is "not off the table."
Kwasi: Make sure $2bn investment felt by GB
KWASI Thompson, MP for East Grand Bahama and Shadow Minister for Grand Bahama, has urged the PLP government to ensure the $2bn investment touted by the government brings tangible benefits to Grand Bahamians.
Careers fair opens up options for future
ST George’s High School hosted a local college-career fair recently to expose students to post-secondary opportunities available in the Bahamas.
Gov’t ‘100% locked in’ to growing agriculture
The Prime Minister says agriculture holds “vast untapped potential” with The Bahamas’ annual $1bn food import presenting “million dollar opportunities” for local farmers to exploit.
Free Wi-Fi at National Family Island Regatta thanks to BTC
THOUSANDS attending the upcoming National Family Island Regatta in George Town, Exuma will be able to take advantage of free Wi-Fi - thanks to BTC - throughout the duration of the five-day event.
Halkitis: Economic zones were not achieving goals
ECONOMIC Affairs Minister Michael Halkitis said the Davis administration discontinued the Economic Empowerment Zones programme, which provided some tax exemptions to inner city residents and businesses, because it was not achieving its objectives.
Memphis in town for Battle 4 Atlantis
THE Memphis Tigers women’s basketball team, through their connection with Bahamian Olympic and world champion Shaunae Miller-Uibo, took advantage of their free day before the start of the Battle 4 Atlantis Tournament to host a basketball clinic for some of the local high school players.
Centreville Primary ‘plays tennis’ for fourth week
CENTREVILLE Primary School students have made great strides since partaking in The Bahamas Lawn Tennis Association’s (BLTA) Play Tennis programme for the spring session.
A.I.-driven solutions 'can improve our health care, reduce poverty, combat climate change, mitigate crime'
ARTIFICIAL Intelligence (AI) will be a tool the Bahamas Government plans to use in the future, according to Parliamentary Secretary of Economic Affairs Wayde Watson, who teased an app that is in development currently that utilises AI.
Public servants protest for better treatment
SCORES of disgruntled social services and healthcare workers demonstrated outside the House of Assembly yesterday, demanding promotions and better workplace benefits.
Target data storage for Bahamas AI growth
A Bahamian software developer yesterday said data storage represents the first Artificial Intelligence (AI) related growth area that this nation can exploit for economic advantage.
THE BTVI STORY: Zooming to a new career
With access to technical and vocational education and training (TVET) expanding across the archipelago, more people are taking advantage of remaining on their island while learning a trade. Lashanda Johnson is one of them.
