Company dissolutions online by 2015's Q1
VOLUNTARY company dissolutions are expected to be available online within the 2015 first quarter, the Attorney General has revealed.
'Deficient laws' undermine BDB
THE “deficient and archaic” laws governing the Bahamas Development Bank’s (BDB) operations are at the root of its challenges, its managing director charging that current legislation provides management with little power and autonomy.
Exuma in airlift increase of 17%
EXUMA’S airlift is up 17 per cent year-over-year, although air arrivals to Nassau/Paradise Island have only shown a slight increase year-to-date.
'Why replace Stamp Duty with the VAT?'
The Bahamas Real Estate Association’s (BREA) president yesterday questioned why the Government would even contemplate replacing Stamp Duty on property transactions with Value-Added Tax (VAT), adding that she had shown why there was no need to impose the latter on the industry.
Banks running out of time over 'scary' VAT
The looming Value-Added Tax (VAT) implementation was yesterday said to be getting “scary” for commercial banks, who are running out of time to make critical system adjustments.
$106m needed to fix Family Islands water supply
THE Water & Sewerage Corporation (WSC) needs $106m to upgrade its supply and distributions systems in the Family Islands, a senior corporation executive has revealed.
Nassau hub key to regional passenger growth
TRANSPORT and Aviation Minister Glenys Hanna-Martin said yesterday that the Lynden Pindling International Airport (LPIA) could serve as a hub for Latin America and Caribbean Air Transport Association (ALTA) member airlines, noting that the Bahamas’ main airport was currently operating at only half its capacity.
Bank 'Resolve' could help mortgage relief
A top banker yesterday suggested the ‘Bahamas Resolve’ concept could be expanded to deal with other commercial bank ‘bad loans’, and potentially kickstart the Government’s stalled Mortgage Relief Plan.
Crafting clients for life
Carpentry is truly an art of its kind, especially when a wooden log that has passed through a carpenter’s hand earns its identity, character or appeal once crafted.
Cellular bidder brings 'best of both worlds'
By NEIL HARTNELL
South America "ripe" for more Bahamian airlift
By NATARIO McKENZIE
Latest Fidelity payout increases dividends 78%
Fidelity Bank (Bahamas) yesterday announced a further $0.15 per share dividend payment, pushing shareholder returns for the year-to-date some 78 per cent higher than in 2013.
NHI architects tout $160m benefit savings
The National Health Insurance (NHI) plan’s architects yesterday forecast that the scheme would generate almost $160 million in annual benefit savings by 2025, pledging that its impact would be “fiscally neutral”.
Web shop competition to spur bank lay-offs
A senior commercial banking executive yesterday warned of more lay-offs, and potential closures, in the industry as a result of the increased competition that will likely be provided by legalised web shops.
Mobile bidder: 'Turn us on'
A leading contender for the Bahamas’ second mobile telecommunications licence last night urged the Government to “turn us on”, after it formally launched the bidding process.
