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Leno adds a real estate affiliate

LENO Corporate has become the latest Bahamian financial services provider to launch a real estate affiliate.

Almost 200 sign up for Venetian package

Almost 200 persons signed up for units at the Venetian West development during its latest open house, with the developers reporting that 52 per cent of units having been reserved to-date.

BTC installs five new mobile towers

The Bahamas Telecommunications Company (BTC) has installed five new cellular towers in New Providence, in a bid to improve service quality for mobile phone users in key traffic areas.

Union hails key taxi self-ownership step

By NATARIO McKENZIE

Port 'completely loses VAT plot'

A prominent QC is threatening to launch a Judicial Review action against the Grand Bahama Port Authority (GBPA) for linking Value-Added Tax (VAT) registration to licensees being current with their Port licence fees.

Development Bank: Less than 30% of loans 'good'

Less than 30 per cent of the Bahamas Development Bank’s (BDB) outstanding loan portfolio was ‘performing’ at year-end 2013, with the taxpayer underwriting its operations via multi-million dollar annual subsidies.

New insurer in 'softly, softly' build to 2015

A newly-formed insurer yesterday said it was aiming to ramp up its market presence in early 2015 through the launch of “a full range” of life products, together with disability coverage targeting Bahamian professionals.

Hotel union rejects TUC chief criticism on Baha Mar lay-offs

The hotel union yesterday rejected criticism of its actions over Baha Mar’s recent 190 lay-offs, saying it would have done “everything in its power” to aid them had it been a party to the Heads of Agreement with the Government.

Bar: 'We're not xenophobic', amid foreign VAT adviser hunt

The Bahamas Bar Association’s president yesterday denied that the organisation is “xenophobic”, indicating it would not necessarily oppose the Government’s bid to hire a foreign Value-Added Tax (VAT) ‘legal consultant’.

Water Corp targets 10bn gallon saving

Some 10 billion gallons of water will be saved over the decade-long project to reduce leakages from the Water and Sewerage Corporation’s infrastructure, with losses already slashed by 29 per cent.

Upcoming months to define Bahamas 'for next 40 years'

The Government is undertaking reforms to its financial management system, a Cabinet Minister said yesterday, noting that it was seeking to improve its ability to allocate and track public funds.

Baha Mar to host regional summit

Baha Mar recently hosted members of the China Council for the Promotion of International Trade (CCPIT) during a two-day forum that was the forerunner for the first-ever Sino-Americas Summit. This will be held at Baha Mar in July 2015.

GB entrepreneurs hold VAT bootcamp

Two Grand Bahama entrepreneurs attracted 80 business persons to a VAT Bootcamp seminar held earlier this month.

Businesses must keep doors open in crisis

What is the purpose of your business? Should it die with you, or should it continue regardless of the disasters or tragic events that may present themselves? What have you determined to be a disaster for your business?

Island Luck names Board of directors

Playtech Systems, trading as Island Luck, has announced the appointment of its Board of Directors.