ART OF GRAPHIX: How to unlock your designing potential
Graphic design is a field that changes rapidly, both creatively and technically. While it is easy to get caught up in learning new technical skills, it is just as important to focus on improving and pushing the limits of our creativity. Therefore, I have listed a few design tips that can help in the business of design.
Regulator sees ‘higher volume’ of bank licence fee rejections
The Central Bank of the Bahamas has expressed concerns over “a higher volume” of rejected licence fee payments by the banks and trust companies it regulates, due to “shortfalls” in some sums paid.
Gov’t ‘happy’ with VAT inclusive price roll-out
The Ministry of Finance’s top official said yesterday that the Value-Added Tax (VAT) Unit was happy with initial retail compliance on ‘inclusive’ pricing compliance, though this was not yet at 100 per cent.
Customs in smooth VAT introduction
The Customs Department has seen a relatively smooth Value-Added Tax (VAT) roll-out despite some minor hiccups, its assistant comptroller said yesterday.
Gov’t quietly outsources landfill tip fee control
The Government has quietly outsourced another part of the New Providence landfill’s operations, contracting the Baker Tilly Gomez accounting firm to bill and collect its multi-million annual tipping fees.
Gov’t ‘certainly going to miss’ deficit targets
The Government is “certainly going to miss” its projected $286 million deficit target for the 2014-2015 fiscal year, a leading private sector executive said yesterday, with its spending outpacing revenue intake.
Bahamas stopover visitors up 4.9%
Total stopover visitors to the Bahamas grew by 4.9 per cent year-over-year in 2014, with senior Baha Mar officials yesterday pledging a further “significant increase” in this growth rate once the $3.5 billion project opens.
‘Make it crystal clear’ no VAT on commercial property transactions
The Government was yesterday urged to “make it crystal clear” that Value-Added Tax (VAT) will not be levied on the purchase price in commercial real estate transactions, amid warnings that the resulting “uncertainty” was harming this market.
Ex-marina chief ‘not a bit worried’ by Cuba opening
A former Marina Operators of the Bahamas (MOB) president yesterday said he was “not worried one bit” about Cuba’s potential tourism challenge, arguing that this nation had a “real lead” in the Caribbean as an attractive yachting destination.
Gov’t is urged to ‘clarify’ VAT data
The Government was yesterday urged to “clarify” its Value-Added Tax (VAT) collection statistics, a leading private sector executive acknowledging the progress but warning it was too early to “heap praises on ourselves”.
‘No surprise’ if Moody’s deficit projection true
The FNM’s deputy leader yesterday said he would “not be surprised at all” if Moody’s prediction that the Government will overshoot its fiscal deficit forecast by more than $100 million proves true, arguing there was no real evidence it has curtailed spending.
FNM deputy blasts Gov’t delay over BEC
The FNM”s deputy leader said yesterday that there appears to be “no coordinated approach” over the Bahamas Electricity Corporation’s (BEC) ong-proposed restructuring, arguing that Bahamian consumers were the ones who will ultimately suffer.
Baha Mar relief: Breezes injunction bid rejected
Baha Mar and the Government are likely breathing a sigh of relief after the Supreme Court rejected SuperClubs Breezes work-stopping injunction bid, finding the $3.5 billion developer was at “greater risk of prejudice”.
Moody’s: Deficit to overshoot by $100m
The Government will overshoot its 2014-2015 fiscal deficit projections by more than $100 million, a credit rating agency warned yesterday, due to over-optimistic Value-Added Tax (VAT) revenue forecasts.
Gov’t seeks bids for underwriting of $250m notes
The Government is seeking bids from investment advisory firms to underwrite/manage the placing of “up to $250 million” in short-term securities into the Bahamian capital markets, Tribune Business can reveal.


