Don't 'continually' hike VAT for fiscal escape
The government “cannot continually” use VAT hikes to solve its fiscal woes, a top accountant is warning, describing its rising debt servicing and unfunded pension costs as “worrisome”.
'Unfair' to tax web shops into losses
The government should not force the web shop industry out of business through the imposition of onerous taxation, a top accountant is arguing.
'Sanctions threat' from web shop taxation hike
The prime minister has been warned by the Caribbean’s former top financial regulator that The Bahamas faces the “considerable danger” of sanctions from the web shop gaming tax hikes.Calvin Wilson, the immediate past executive director for the Caribbe
Baha Mar contractor: No rooms for Sarkis
Baha Mar’s main contractor refused to turn over completed rooms to the original developer in early 2015 as it sought leverage to claim an extra $119m in their growing payment dispute.A senior China Construction America (CCA) official, in a February 1
Ginn purchaser plans initial 120-room hotel
A Canadian-based developer aims to build a new 120-room hotel, add 75 marina slips and upgrade the airport and golf course within 24 months once it closes its acquisition of the former Ginn sur mer.Skyline Investments, a Toronto-based real estate inv
Manufacturers slam 'inaccuracy' on sector
Manufacturers have challenged recent statements by The Bahamas’ chief World Trade Organisation’s negotiator, arguing that “worrisome” inaccuracies undermine the sector’s significance.The Bahamas Light Industries Development Council (BLIDC), respondin
Tourism director-general gains top regional award
The Bahamas’ tourism director-general has received the Caribbean Tourism Industry’s Allied Award for her work on the industry’s sustainable development. Joy Jibrilu was presented with the honour during the Caribbean Tourism Industry Awards Dinner and
'Gate should never have been open' to web shops
A Bahamian businessman has urged the government to present a “detailed audit” of the web shop gaming sector, and is backing the introduction of a National Lottery.Peter Roker, operator of the Bargain City Plaza on Carmichael Road, told Tribune Busine
Two held after $168,000 of marijuana recovered in Exuma
A joint operation between police and Defence Force officers resulted in the seizure of $168,000 worth of dangerous drugs in Exuma on Sunday morning.
Man shot dead by armed robber
A man was shot dead outside his home on Saturday night - the third homicide of the day in the capital.
Two dead after shooting inside barbershop
Two men are dead after a shooting inside a barbershop on Saturday morning.
06082018 EDITION
Friday, 8th June, 2018.
Business man says people will suffer if gambling issue not addressed
A VETERAN businessman yesterday said the Bahamian people and economy will suffer if the gambling issue is not addressed.
Hotel Corporation transitioned to the Tourism Development Corporation
THE Hotel Corporation has now transitioned to the Tourism Development Corporation (TDC), according to its Chairman, Pineridge MP Frederick McAlpine.
Woman accused of daughter's death to have mental fitness tested next month
A 40-year-old woman accused of killing her one-year-old daughter by setting her on fire last year will have her mental fitness to stand trial tested by a Supreme Court jury next month.
Two armed robberies within hours
POLICE are investigating the circumstances surrounding two armed robberies that occurred within five hours of each other in the capital on Thursday.
Judge denies man's claim on ex-wife's properties
A Supreme Court judge has denied a man’s attempts to secure an interest in his ex-wife’s $4m home and her 12 condominiums, while ordering his ex-wife to pay him $100,000 to “ease his transition” into living without a partner.
MP: Grand Bahama 'dying a slow death'
PINERIDGE MP Frederick McAlpine said Grand Bahama “is dying a slow death,” urging his governing party to try a “little harder and faster” to bring some economic relief to the island.
