Insurers seeking urgent ‘closure’ on VAT refunds
THE Bahamian insurance industry yesterday said it was seeking urgent “closure” on its outstanding VAT refunds to ensure it is “on the same page” with government prior to hurricane season.
Bahamas 'behind 8-ball' on new bank technology
THE Government has received expressions of interest from mobile banking solutions providers to fill the Family Island void left by the commercial bank pull out, the Deputy Prime Minister said yesterday.K Peter Turnquest told Tribune Business: “We hav
RBC withdrawal to 'deepen hardship'
MPs and private sector executives from the two islands affected by Royal Bank of Canada’s (RBC) pull-out yesterday said this would only “deepen the hardship” for already-sluggish economies.Adrian Gibson, Long Island’s MP, told Tribune Business: “This
Developer beats potholes to bring motorists relief
AN online applications developer is racing to launch an app that could bring relief for unhappy New Providence motorists affected by ongoing pothole woes.Quincy Rolle, president of United Data Technologies, unveiled his Bahamas’ Smart City App six mo
PM’s rep admits to ‘ludicrous’ tax bills
The Prime Minister’s Abaco representative yesterday pledged that “every measure is being taken” to resolve the “ludicrous” property tax bills undermining all Family Island economies.
Florida firm collects ‘significant sum’ in local property taxes
A FLORIDA-based company yesterday said it had collected “a considerable sum” in outstanding Bahamian real property taxes amid concerns over the Government’s hiring of a foreign firm.
Double-digit lay-offs likely as a result of 4 RBC branch closures
MORE double-digit job losses are likely at Royal Bank of Canada (RBC) after it last night announced the closure of four branches, including a pull-out from Andros and Long Island.
Fears property tax damage ‘irreparable’
ATTORNEYS and realtors yesterday expressed fears that much of the damage caused by the Government’s property tax over-billing is “irreparable” for Abaco and other Family Islands.
Exchange controls relaxation pressure ‘not unmanageable’
THE Central Bank yesterday said the latest exchange control relaxations will “not pose unmanageable pressures”, as it moved to ease the import burden for merchants.
Farmer: Import ban is ‘make or break’
A BAHAMIAN farmer yesterday backed the Government’s temporary restriction on imports of sweet and bell peppers and tomatoes, saying: “That’s a make or break situation right now.”
Farmers chair: Import block ‘too late’ for many
THE Farmers United Association’s (FUA) chairman yesterday said the Government’s decision to temporarily restrict pepper and tomato imports was “too late” for many, even though he backed the move.
Farmer: Import ban is 'make or break'
A BAHAMIAN farmer yesterday backed the Government’s temporary restriction on imports of sweet and bell peppers and tomatoes, saying: “That’s a make or break situation right now.”Christopher Pinder, one of the owners of Abaco-based 5 Star Farms, a maj
Farmers chair: Import block 'too late' for many
THE Farmers United Association’s (FUA) chairman yesterday said the Government’s decision to temporarily restrict pepper and tomato imports was “too late” for many, even though he backed the move.Dennis Cates, proprietor of Cates Farm and Petting Zoo,
Water Corp’s two-page deals ‘not good enough’
The Water & Sewerage Corporation’s water supply contracts are “not good enough”, its chairman revealing many consist of just a two-page Letter of Acceptance.
'All hands must be on deck' for joining the WTO
THE Bahamas must resolve all its ‘ease of business’ weaknesses before joining the WTO, the Chamber’s chief executive warned yesterday, as he issued an “all hands on deck” call.Edison Sumner told Tribune Business that acceding to full World Trade Orga
