$450m BEC bond 'actively pursued'
By NATARIO McKENZIE
Doctors Hospital moves on stem cell approvals
Doctors Hospital is working to obtain the necessary approvals to launch its own stem cell treatment programmes, its president describing the recently-released regulations as a “good step forward”.
GB Chamber unveils Vision 2015 strategy
The Grand Bahama Chamber of Commerce has presented its Vision 2015 paper to the Government, outlining the private sector’s goals for Freeport and Grand Bahama over the Hawksbill Creek Agreement’s remaining 40 years.
Gov't must beware those VAT pitfalls
All taxes, to a greater or lesser extent, rely on the voluntary co-operation of the population. UHY’s experience with the tax regimes in many jurisdictions indicates that there are some well-trodden paths in the short, medium and long-term when different problems will be apparent at different stages of implementation. These problems can be circumvented, or mitigated, to at least some extent by forewarning, education and pre-planning.
Energy self-generate 'good start that can be adjusted'
The Minister of the Environment has defended the Government’s energy self-generation programme as “a good start that can always be adjusted” to technology and market demands.
Nygard video 'buried for all time' concern
More than 1,000 hours of alleged videotape evidence against Peter Nygard would be “suppressed for all time” if the Bahamian court system was allowed to determine its admissibility for trial, it was claimed yesterday.
Businesses need 'more room' in VAT warehouse
Businesses need “more room” than the 48-hour period they have been given to comply with the terms for a Value-Added Tax (VAT) ‘virtual warehouse’, a Tax Coalition co-chair yesterday promising to raise the concern with the Government.
Cable's $1.5m buy back fights value, market illiquidity
Cable Bahamas has launched its $1.5 million share buy back to support its stock value and create “liquidity in an illiquid market” for investors.
Track borrowers via NIB numbers
The proposed Credit Bureau should use National Insurance Board (NIB) numbers to track Bahamian borrowers, a well-known businessman yesterday expressing hope it would relieve him and other entrepreneurs from having to check employee excesses.
Oil explorer still 'intent' on local share offering
The Bahamas Petroleum Company (BPC) yesterday said it remained committed to offering shares to Bahamian investors, with a major obstacle being the continued wait on a new regulatory regime.
Abaco Port workforce to be 70-80% Bahamian
CHINA Harbour Engineering Company (CHEC) executives estimate it has spent $1.6 million to-date on the North Abaco port facility’s construction, with Bahamians expected to make up 70-80 per cent of its workforce during peak activity.
Employee health vital to business continuity
Nutrilite organised a one-day health symposium for all clients and employees, believing healthy staff are vital to Business Continuity Plans.
'Absolutely not a level playing field'
Bahamian investors and businesses are at a disadvantage when competing against foreign investors because of this nation’s high cost platform.
Formal economy 'overpaying' its share of taxes
Poor compliance, caused by corruption, limited accountability and a lack of enforcement, has resulted in the Bahamian formal economy paying a disproportionate share of this nation’s taxes.
'We can't build our way out' of Nassau's transport woes
A unified New Providence bus system would not “do away with” the island’s traffic congestion woes by itself, a leading engineer suggesting the main goal should be to increase public transportation usage by making it more attractive.
