Airlift and infrastructure stunt Long Island growth
Tourism and rentalsWith a picturesque blend of hills, blue holes and secluded beaches, Long Island has much room for growth in the tourism sector via Bahamian and international investors. Luxury rental properties offer an exciting way for both local
App-based transportation firm aims 'to make a name'
AN app-based Bahamian transportation network is looking to “make a name for itself”, having attracted just over 1,500 users within its first year, with new management committed to a renewed focus on improving the business.Bahrezy, similar to the popu
Investment bar cut for troubled Family Islands
The Government was yesterday said to be “putting the meat on the bones” of plans to lower the permanent residency investment threshold for economically-depressed Bahamian islands.
Exumians 'locked out of prosperity'
EXUMA’S MP yesterday lamented that many islanders feel “locked out of prosperity” due to the “imbalance” between human capital investment and Public Treasury contributions.Chester Cooper, the keynote speaker at the 10th Exuma Business Outlook confere
'New industries can't wait long for work permits'
THE Government’s ‘fast-track’ work permit process aims to remove bureaucratic obstacles to attracting “a large amount” of new industries to the Bahamas, a Cabinet Minister said yesterday.Brent Symonette, minister of financial services, trade and indu
Good labour Exuma's 'greatest limitation'
THE imbalance between Exuma’s economic potential and shortage of skilled labour is its “greatest limitation”, the Ministry of Tourism’s director-general warned yesterday.Joy Jibrilu, addressing the 10th annual Exuma Business Outlook conference, said:
Tourism: 30 per cent of marketing' not putting heads in beds'
THE Minister of Tourism yesterday said 30 per cent of his marketing spend is tied up in long-term contracts that are failing “to put heads in beds”.Dionisio D’Aguilar told Tribune Business that the Bahamas’ sponsorship of sporting events and teams wa
Bahamas converts Finland taxation deal to automatic
THE Bahamas yesterday upgraded its tax information exchange agreement with Finland to the automatic variety, as it bids to meet global standards by September 2018.K P Turnquest, deputy prime minister, signed the Protocol to Amend the Tax Information
IAN FERGUSON: Perfecting the skills granted for working
MUCH has been said and written about unlocking the motivation to accomplish great things in the workplace. We often talk about the external motivators, and how both employers and employees must consistently find stimuli that will propel them to great
Gov't, banks agree committee on fees
THE Government and commercial banks yesterday agreed to create “a working committee” to examine the industry’s fees and charges, although few details were released.Dion Foulkes, minister of labour, told Tribune Business that all parties present had a
Exuma leads growth via 14% stopover increase
EXUMA is experiencing the fastest growth rate of any multiple-island destination in the Bahamas, with its 46,000 stopover arrivals year-to-date representing a 14 increase.Joy Jibrilu, the Ministry of Tourism’s director-general, told the 10th Exuma Bu
Increased web shop taxes not ruled out
The Deputy Prime Minister has not ruled out new or increased taxes for web shops, saying the Government had to consider sector integrity as well as revenues.
Gov’t unveils ‘fast track’ work permits
THE Government yesterday unveiled a ‘fast track’ process, targeted at specific industries, that will allow top foreign executives to enter the Bahamas without possessing work permits.
Landfill tender eyes December launch
PRIVATE sector offers to take over New Providence’s landfill will be “unfettered”, a Cabinet minister yesterday saying the bidding process was expected to launch this December.
Gov’t hailed over Freeport’s ‘20-year tax regime certainty’
FREEPORT’S private sector yesterday hailed the Government for “delivering 20 years of tax regime certainty” with its plans to repeal the Christie administration’s controversial actions.
