Young accountants reception
YOUNG accountants who recently completed their degree programme were welcomed into the profession by the …
‘Dismiss $600m damages bid over Supreme Court slip-up’
Resorts World Bimini’s majority owner is demanding that the $600m damages claim launched against it by the project’s original developer be dismissed because it failed to obtain the Bahamian Supreme Court’s permission prior to bringing the action.
DIR VAT disputes a ‘huge confusion’ in real estate deals
A Bahamian realtor yesterday warned that disputes over property sale valuations are delaying transactions to the point where “everybody loses” as he urged the Government to place priority focus on making the Department of Inland Revenue’s (DIR) acceptance process as “seamless” as possible.
Opposition seeks answers on ‘ballooning’ Gov’t debt
The Opposition yesterday said it will demand “answers” from the Government on why the “ballooning” national debt is increasing at a much faster rate than its annual fiscal deficits and its continued reliance on borrowing amid record revenues.
Construction feels pressurefrom 30% aggregate jump
The Bahamian Contractors Association’s president yesterday warned that price hikes of up to 30 percent for aggregate materials, such as sand, and growing shortages of limestone fill are placing mounting pressure on construction with little sign that cost pressures will ease soon.
Manufacturing hubs key to drive self-sufficiency
As the dust settles after another general election, the national focus must now shift from politics to production. The Bahamas stands at a defining moment where the conversation must shift towards practical economic transformation.
Bahamian realtor details sector’s blockchain future
A Bahamian realtor has spoken at two international conferences on how blockchain and tokenisation are set to reshape the handling of land and property transactions.
Bahamas regains eligibility for US quality ship initiative
The Bahamas has regained eligibility for a US Coast Guard initiative that “recognises and rewards” flagged states and their vessels for “commitment to safety and quality”.
Chamber urges productivity, business ease Budget focus
The Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chairman yesterday urged the Government to use next week’s Budget to deliver reforms that strengthen productivity, improve transparency and create a more business-friendly economy.
Family Islands: Execution critical for Gov’t pledges
Family Island officials yesterday said the Davis administration’s new development agenda could bring much-needed infrastructure and economic opportunities but warned that implementation and local consultation will determine whether the promises produce real results.
Security executive not ‘big advocate’ for armed guards
BUSINESSES concerned about robberies and violent crime should prioritise stronger security procedures, surveillance and staff training instead of choosing to arm security guards, an industry executive argued yesterday.Gamal Newry, president of Preventative Measures, said businesses often overlook fundamental security practices that can reduce crime risks before incidents escalate.
