Software developer: Tax woe drove us to Cayman
A Bahamian software developer yesterday revealed he was forced to domicile in the Cayman Islands to prevent VAT and Business License fees “killing” his competitiveness.Bruce Raine, International Private Banking Systems (IPBS) principal, told Tribune
CLICO liquidator eyes BAF management deal
CLICO (Bahamas) liquidator is aiming to secure a pre-Christmas deal to outsource management of its remaining insurance portfolio to BAF Financial.Basil Christie, head of the insolvent insurer’s creditors’ committee, yesterday confirmed to Tribune Bus
Bahamians told: 'Forget about being protectionist'
BAHAMIANS are too scared of foreign competition, a local businessman warned yesterday, adding: “We have to forget about being protectionist.”Bruce Raine, International Private Banking Systems (IPBS) principal, told Tribune Business that an increasing
PLP 'crazy' to oppose brain drain reversal
A CABINET Minister yesterday slammed the PLP’s “crazy” opposition to the Government’s bid to halt the loss of the Bahamas’ “best and brightest”.Dionisio D’Aguilar, minister of tourism, told Tribune Business that the Minnis administration was trying t
'Very important' for Atlantis, Baha Mar to get separation
A FORMER tourism minister yesterday said it will be “very important” for Atlantis and Baha Mar to differentiate themselves and prevent visitor ‘cannibalisation’Vincent Vanderpool Wallace, founder of the Bedford Baker Group consultancy, said the Baham
IAN FERGUSON: 'Incredible task' to engage workforce
PERHAPS the most resented, and often-hated, company department is the human resources (HR) division. HR is sometimes saddled with problems it alone cannot fix, such as improving a company’s culture or supporting a leader with low emotional intelligen
Bahamas 'missing out' on evidence-based decisions
AN accounting firm yesterday launched a Centre for Excellence to boost the Bahamas’ reliance on data and anlaytics to drive evidence-based decision-making.Dennis Deveaux, KPMG (Bahamas) head of management consulting and data and analytics, said the f
BISX adds mutual fund to its listings
THE Bahamas International Securities Exchange (BISX) has boosted its mutual fund listings with an addition facilitated by a Bahamian-owned administrator.The exchange yesterday confirmed that the Artisans of Value (SAC) Brick1 Cell Dubai fund had comp
Sanitation Services plans $500k system upgrades
FREEPORT’S Sanitation Services is investing $500,000 to outfit its garbage trucks with ‘Tippers’ and bring operations into line with international trash collection standards.The waste collection and disposal company said it is introducing a new syste
Arawak port generates $100m Customs boost
Bahamas Customs has enjoyed a $100 million revenue increase over the past 12 months through enhanced controls at the Nassau Container Port, Tribune Business can reveal.Michael Maura, the Arawak Port Development Company’s (APD) president and chief exe
Bahamians warned: All must pay for NHI
ALL Bahamas residents must “contribute” to the National Health Insurance (NHI) scheme’s financing to ensure its sustainability, its chairman warned yesterday.Dr Robin Roberts said the newly-appointed NHI Authority had effectively been given a ‘blank
National Health Insurance scheme still 'operating outside the law'
THE Government was yesterday urged to “go back to the drawing board” on a National Health Insurance (NHI) scheme that is still “operating outside the law”.Tina Cambridge, Generali’s regional director, argued that the newly-created NHI Authority “cann
QC: Enterprises Bill ‘doesn’t go far enough’
THE Government was yesterday urged to find its “political courage” and create “a volcanic boom” by liberalising the Bahamian economy beyond the Commercial Enterprises Bill.
ART OF GRAPHIX: The true meaning of 'iconic' design
TRANSLATING the ‘iconic’ features of an object into something that is metaphorically meaningful, and instantly recognisable, is no easy task, especially when the design needs to be as effective at 48 x 48 pixels as it is at 256 x 256. A memorable an
Gov't can't account for 'day-to-day' liabilities
A “road map” has been created to transition the Government to accrual-based accounting, the Deputy Prime Minister yesterday admitting it cannot currently account for its “day-to-day” liabilities.K P Turnquest, speaking to Tribune Business at a worksh
