Six months to 'iron out' all VAT problems
A Value-Added Tax (VAT) Education Task Force co-chair yesterday said it would take at least six months post-implementation to “iron out all the bugs” with the new tax, adding: “It’s not a quick fix.”
Use Cuba opening to 'motivate' tourism
The emergence of Cuba as a “new competitor” to this nation’s tourism industry should be used as a “motivating force” for improved product offerings and greater creativity, the Bahamas Hotel & Tourism Association’s (BHTA) president said yesterday.
Baha Mar ranked among world's top 10 for '15
Baha Mar has been rated one of the world’s top 10 destinations to visit in 2015 by CNN Travel, as a new resort making an impact on luxury travel in the Caribbean.
How to stop Xmas spending madness
Christmas is typically the season where Bahamians and people the world over disregard saving patterns and fiscally responsible spending, in exchange for impulse buying and the satisfaction of extensive wish lists.
Scotia unveiled as Bahamas' top bank
Scotiabank has been named Bank of the Year in the Bahamas by The Banker magazine, a Financial Times publication.
Hotel Association elects executives
The Bahamas Hotel and Tourism Association (BHTA) held its 62nd annual general meeting (AGM), followed by its traditional Christmas luncheon, at the Atlantis resort.
Bahamas in regional tourism brand leap
By NEIL HARTNELL
Tax Coalition chief: Hope VAT ‘pessimists’ not right
The Tax Coalition’s co-chair yesterday expressed hope the Bahamas was not so far behind as Value-Added Tax (VAT) “pessimists” believe, ahead of a “full day” meeting today to tackle multiple unresolved issues.
Tourism share loss to Cuba ‘inevitable’
A prominent businessman yesterday said it was “inevitable” that a fully-open Cuba will eventually “take a piece of the Bahamian tourism pie”, amid calls for this nation to urgently boost its economic competitiveness.
Bank pledges openness before AGM ‘fireworks’
Bank of the Bahamas executives yesterday pledged they would be “upfront” and detail “everything” about its future plans, amid suggestions there would be “fireworks” from disgruntled shareholders at tonight’s annual general meeting (AGM).
Gov’t share already ‘embedded’ in oil explorer’s licence
The Government yesterday unveiled plans to “maximise” its revenue share from oil exploration activities, although it is unclear whether its increased take will apply to the current licensee.
Consultant’s comments ‘mystify’ retailers
The Bahamas Federation of Retailers (BFR) yesterday hit back at a New Zealand consultant’s assertion that concerns surrounding Value-Added Tax’s (VAT) implementation date and associated costs, plus the ‘inclusive pricing’, were being overplayed.
Trust administrator passes the Series 7
A junior trust administrator at The IPG Group, Patwell Rose, has passed the Series 7 Exam in the US after studying with the Nassau-based Securities Training Institute (STI).
VAT register goal exceeded by 30%
By NATARIO McKENZIE
Central Bank to manage sovereign wealth fund
By NATARIO McKENZIE
