Insurers fear 'force feeding' over VAT
Family Guardian’s president wants the duration of insurance products, rather than type, to determine their Value-Added Tax (VAT) treatment amid fears that underwriters will be forced to “eat” the tax.
Family Guardian: Mortgages outperforming market by 33%
Family Guardian believes its mortgage portfolio is outperforming the Bahamian market by “about 33 per cent”, with the value of delinquent properties also recovering in the past 10 months.
Realtor near doubles plaza's occupancy within 10 months
A realtor has reversed the fortunes of a 15-unit commercial plaza within 10 months, taking occupancy levels from 50 per cent to 90 per cent.
Bahamas to present at top wealth management summit
The Bahamas will participate in this year’s leading Latin American wealth management summit.
DPM's optimism 'disspiated' over Baha Mar roads talks
The Government remains in negotiations with Baha Mar to resolve its share of the re-routed West Bay Street costs, having paid some $28 million thus far.
BTC targets key launches for 2015
The Bahamas Telecommunications Company (BTC) will launch both its Multi-Protocol Label Switching (MPLS) business enterprise solution and Internet Protocol Television (IPTV) in mid-2015.
Treat parenting like investment returns
A top executive is linking banking principles to parenting in an investment message that is taking hold like a song you cannot get out of your head.
Water reserves reduced by 50%
CARIBBEAN water ministers are examining ways to manage scarce resources and the proper treatment of wastewater, following the latest regional Water and Waste Water Association (CWWA) conference.
Bahamas targeting 'creme de la creme' of investment
Government ministers are this week promoting pharmaceutical manufacturing opportunities in Grand Bahama to the world’s largest investment conference, as they seek to generate “tremendous interest in doing business in the Bahamas”.
Scheduled Bahamas charter plan unveiled
A Texas-based airline operator yesterday unveiled plans to offer scheduled charter service to five Bahamas destinations from Fort Lauderdale and one from New York.
Albany clients hit by 'horrific' oil spills
Albany’s marina chief yesterday said he was “hoping and praying” the Government would finally take concrete action over persistent oil spills at Clifton Pier, as there had been several “horrific” incidents witnessed by the development’s high-end guests.
50% Breezes expansion 'stymied' by Baha Mar
Plans for a 50 per cent expansion at SuperClubs Breezes have been “completely stymied” by Baha Mar’s failure to complete agreed land transfers, the former’s owner is alleging.
Betty K to gain $2.553m new home
The Arawak Port Development Company (APD) is expecting to go out to bid within the next 30 days on a $2.553 million construction project designed to give Betty K Shipping a new home.
Unpaid property, casino taxes branded as 'crazy'
A Tax Coalition co-chair yesterday suggested that the Government ‘sell’ its $580 million real property tax receivables to the private sector, describing this and the build-up of $51 million in unpaid casino taxes as “crazy”.
Port profits rise on expenses $1m below forecasts
Arawak Port Development Company (APD) cut budgeted expenses by more than $1 million to produce a 3.5 per cent profit increase for its 2014 financial year, offsetting the failure to hit revenue and cargo throughput targets.
