Eleuthera developers target December open
Eleuthera’s French Leave Resort and Marina plans to be “open and operational” by mid-December, its developers telling Tribune Business that more than $8 million has been invested in the project to-date.
Coldwell Banker boosts sales team
Coldwell Banker Lightbourn Realty has added Michael Turnquest to its sales team.
Make clients belong to reach tough road's end
E. Clement Bethel wrote the following words to a song a few years ago. This song ought to be the motto for those who consider themselves marketing revolutionaries. The song goes like this: “When the road seems rough, when you’ve borne enough, don’t faint, don’t sigh, don’t cry, wonder why, just keep on trying, cease your sighing, look beyond the present way, this time will pass, tomorrow’s another day.”
Private sector frustration grows on VAT Unit response
A senior private sector executive yesterday called for “immediate improvement” in the Value-Added Tax (VAT) Unit’s responsiveness to business community inquiries, amid concerns this could stymie the last minute “run on registration”.
'Wonderful development' for workplace relations
A three-party meeting will today attempt to finalise legislation designed to create smoother labour relations in the Bahamas, a private sector representative describing it as “a wonderful development”.
Coalition 'won't relent' on wider fiscal reforms
The Tax Coalition will take the lead in tackling all outstanding Value-Added Tax (VAT) concerns due to the Government’s “slower than anticipated” response, its chairman yesterday promising it “will not relent” on wider fiscal reforms.
Insurers seeking VAT input credit clarity
The Bahamian insurance industry yesterday urged the Government to clarify which inputs it will be allowed to claim Value-Added Tax (VAT) credits on during the 2015 first half, a leading carrier saying this “makes all the difference in the world”.
Agriculture policy to emphasise buyer links
Small Bahamian producers and livestock developers must have secure access to regional and international markets, the Minister of Agriculture said yesterday, adding that “connecting buyers to sellers” was central to the the Bahamas’ Agriculture Policy Programme (APP).
Hotels to 'still pursue' VAT on compliment rooms
The Bahamian hotel industry will “continue to pursue” the Value-Added Tax (VAT) treatment of complimentary rooms, as it has yet to achieve its “preferred position” despite the Government giving ground.
Bimini businesses hit by new Resorts World cruising schedule
Several Bimini business owners yesterday said Resorts World’s new cruising schedule, which has seen its vessel pull out of Port Everglades and revert to sailing from Miami, in what the company has called a “repositioning” to two-night cruises, has caused a fall-off in business levels.
US officials meet with Port Authority
US Embassy officials met with the Grand Bahama Port Authority (GBPA) last week during a visit to the island.
Palm Cay marina targets 50% slip rental growth
The manager of New Providence’s newest full-service marina yesterday said he is expecting a “solid season” that could see a 50 per cent improvement in boat slip rentals, and an even greater increase in fuel and other services sales.
Near $200m energy saving from natural gas switch
The Bahamas would realise between $172-$186 million per annum in “net savings benefits” if it switched to natural gas as its main energy generation source, with this nation’s electricity system costs the highest in the Caribbean.
Morton Salt hits at union claims
Industrial unrest is brewing at Morton Salt, as the company and its German owners prepare to this week open a $1.2 million administration building to replace facilities destroyed by Hurricane Ike.
BISX listee's principal seeks SEC suit dismissal
A BISX-listed company’s principal, and its broker/dealer affiliate, are demanding that a federal regulator’s lawsuit against them be dismissed because the US courts have “no jurisdiction”.
