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Harbour Island ‘thrilled’ at BPL energy resolution

Tourism stakeholders on Harbour Island yesterday hailed Bahamas Power and Light’s (BPL) plan to provide a 6 Mega Watt (MW) power plant to address long-standing energy concerns as “very encouraging”, one executive telling Tribune Business: “We’re thrilled.”

Business ease slippage ‘doesn’t represent nation’

The 121st ranking in the World Bank’s 2016 ‘ease of doing business’ rankings “does not represent who the Bahamas is”, Prime Minister Perry Christie argued yesterday, touting a Competitiveness Council as the answer to these woes.

'BUY BAHAMIAN' PRODUCES STRONG WHOLESALE RESPONSE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AN "increasing number" of Bahamian wholesalers and retailers are purchasing local produce, according to Bahamas Agricultural and Industrial Corporation (BAIC) executives, who recent

Chamber chief: Tax reform within 10 years

Chamber chief: Tax reform within 10 years By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamian companies will have to improve their record-keeping and accounting procedures with a new tax structure set to be introduced withi

Chamber chief: Tax reform within 10 years

Chamber chief: Tax reform within 10 years By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamian companies will have to improve their record-keeping and accounting procedures with a new tax structure set to be introduced withi

NO SHORT-TERM END TO WATER CORP SUBSIDIES

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water & Sewerage sCorporation (WSC) is purchasing more water today than ever before, according to minister of state for the environment, Phenton Neymour, who told Tribune Busine

NO SHORT-TERM END TO WATER CORP SUBSIDIES

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water & Sewerage sCorporation (WSC) is purchasing more water today than ever before, according to minister of state for the environment, Phenton Neymour, who told Tribune Busine

A Cabinet minister yesterday moved a parliamentary motion to create a select committee that will probe the the Bahamas Telecommunications Company’s (BTC) 2011 privatisation. 

A Cabinet minister yesterday moved a parliamentary motion to create a select committee that will probe the the Bahamas Telecommunications Company’s (BTC) 2011 privatisation. 

Long Island is ‘like nation’s step child’

Long Island feels “like the step child of the Bahamas”, its Chamber of Commerce president yesterday warning an absence of growth and infrastructure is forcing businesses to close down.

KFC LABOUR DEAL, BUT 'NOT BUSINESS AS USUAL'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NINE KENTUCKY Fried Chicken (Nassau) restaurants reopened yesterday, with union executives telling Tribune Business a tentative labour agreement had been reached with management

KFC LABOUR DEAL, BUT 'NOT BUSINESS AS USUAL'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NINE KENTUCKY Fried Chicken (Nassau) restaurants reopened yesterday, with union executives telling Tribune Business a tentative labour agreement had been reached with management

KFC LABOUR DEAL, BUT 'NOT BUSINESS AS USUAL'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NINE KENTUCKY Fried Chicken (Nassau) restaurants reopened yesterday, with union executives telling Tribune Business a tentative labour agreement had been reached with management

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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.

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Excise Tax snafu stymies start-up's 60 hires plan

A Bahamian-owned tobacco manufacturing start-up said yesterday it would pursue legal action as a “last resort” if it is unable to obtain an Excise Tax exemption on domestic sales, adding that its business model had been thrown “totally out of whack”.