'Awkward spot' in City Markets pension talks
Hopes for a deal that would have settled the pension obligations owed to one group of City Markets beneficiaries faded last night, after the key parties reached an “awkward position” amid suggestions of renewed legal action.
Bahamas 'never had plan' to maximise FDI
The ability of Bahamian-owned businesses to leverage foreign direct investment (FDI) projects for their own benefit is “not where it should be”, a Cabinet Minister said yesterday, arguing that this nation “never had a strategy” to achieve this.
Carnival eyed Bird Cay for private island
Bird Cay in the Berry Islands is among the locations assessed by Carnival Cruise Lines for its own port/private island in the Bahamas, Tribune Business was told yesterday.
The best answer to long-term sickness
During October, corporate Bahamas joins in celebrating, and commemorating, those whose lives have been changed as a result of cancer. We have worn our pink, participated in the fund raising walk-a-thons, and joined in the health talks.
Bahamas spreads 'trust' message through Asia
A team of financial experts and politicians represented the Bahamas at the Grand Hyatt hotel in Hong Kong for the Society of Trust and Estate Practitioners (STEP) Asia conference on 8 October.
Maritime Authority officials tour port
Bahamas Maritime Authority (BMA) representatives have toured the Nassau Container Port (NCP) facility, getting an overview of its operations and how it integrates with government agencies such as Customs and Immigration.
'Significant risk' from VAT registrant doubling
The Government is taking “a significant risk” if it believes just 4,000 businesses will register for Value-Added Tax (VAT), a Tax Coalition co-chair yesterday predicting the number might be double that.
Real estate can 'absorb' VAT at 6% Stamp Duty
The Bahamian real estate industry can “maybe absorb” Value-Added Tax (VAT) if Stamp Duty rates are cut to 6 per cent market-wide, a leading realtor has told Tribune Business.
Realtor: 'Too many grey areas' on VAT
A leading realtor yesterday said “too many grey areas” remain over Value-Added Tax (VAT), expressing fears that its implementation would be “a bloody mess” come the New Year.
AML's $17.75m refinance to slash interest costs
AML Foods is aiming to slash its annual debt servicing costs by more than $220,000 via the refinancing of its existing $17.75 million preference share debt, its chairman confirmed yesterday.
Investors 'shy away' over LOI-type fears
The Renward Wells ‘Letter of Intent’ controversy further “validates” why many investors “keep shying away” from the Bahamas, the Democratic National Alliance’s (DNA) leader said yesterday.
MARKETING REVOLUTION: Establishing your company's domain
Most people understand that a ‘Domain Name’ is simply the basic web address of a website, but few actually grasp how domain names work.
CBS Bahamas expands with brand showroom
Commonwealth Building Supplies (CBS) Bahamas last week unveiled a new showroom for its Kohler kitchens and bathrooms brand.
Company stages VAT readiness workshop
The Nastac Group has staged a workshop to help businesses prepare their accounting and record-keeping systems for Value Added Tax (VAT).
Bank of Bahamas officer passes the Series 7 exam
An account officer at the Bank of the Bahamas, Aja A. Burrows, has passed the Series 7 Exam in the US after studying at the Nassau-based Securities Training Institute (STI).
