Miller and second law firm deny Stellar involvement
BAHAMAS Electricity Corporation (BEC) executive chairman Leslie Miller said yesterday that he knows "nothing" about the company seeking to build a $600 million waste-to-energy plant and ultimately sell power to the corporation.
Wholesaler's supervisors enjoy leadership training
Kelly’s Freeport’s supervisors have completed an intense leadership training programme conducted by Billie Bowe, president and chief executive of Benchmark Consulting Services .
Allen denies acting for $600m waste plant
Urban Renewal’s co-chair yesterday denied that himself or his law firm were representing Stellar Energy over its controversial $600 million-plus waste-to-energy plant, despite the company’s website listing them as its attorneys.
'Tax and social focus' of Gov't stunting growth
The Bahamas’ economic growth outlook is being slashed because the Government is “too focused on its social agenda and raising taxes”, a well-known businessman warned yesterday.
Harbour expansion makes oil recovery plant site 'unsafe'
Hutchison Whampoa’s Freeport Harbour expansion plans have made the proposed location for an oil recovery plant “unsafe and unsuitable”, although its developer is progressing on recovering 200,000 waste oil barrels at South Riding Point.
Christie Gov't urged: Alter 'backroom deal' perceptions
The Government was yesterday urged to rapidly change the public perception that “too many backroom deals are going on”, a leading businessman suggesting this was another reason why economic growth rates were stagnating.
$600m plant's principal: No waste tender needed
The principal behind a controversial $600 million waste-to-energy plant proposal has told Tribune Business there is “no need” to put this project out to competitive public tendering, arguing that this was already taken care of by the BEC reform process.
Tourism needs 2.5% VAT for 'revenue neutral'
A 2.5 per cent Value-Added Tax (VAT) rate is required for a “revenue neutral” impact on the Bahamian hotel and tourism industry, with the sector “objecting in the strongest terms” to numerous provisions in the initial legislation.
9,000 jobs lost under 15% VAT
The initial 15 per cent Value-Added Tax (VAT) would have “eliminated” 9,000 Bahamian jobs and caused a $380 million drop in tourism sales in 2015, an industry study estimated.
Bimini cruise fight: 'hard nut' remains despite 50% cost cut
Opponents of Bimini’s controversial cruise ship terminal still have “a very hard nut to crack”, even though the Court of Appeal slashed the sum they must pay to cover the Government’s and developer’s legal costs by more than 50 per cent.
'Attrition plan' urged for civil service size
A Tax Coalition co-chair, while not advocating any mass civil service lay-offs, yesterday said the Government “should certainly have an attrition plan”.
Sky targets 61% load factors on Freeport restart
Sky Bahamas yesterday said it believes it can generate average 61 per cent load factors on its Freeport to Fort Lauderdale route that will relaunch this Friday.
Scarcity the driver of consumer demand
I am reading Jeff Walker’s book ‘Launch’. The subtitle for the book is ‘An Internet Millionaire’s Secret Formula to Sell Almost Anything Online, Build a Business you Love, and Live the Life of Your Dreams’. I know this book sounds like some get rich quick scheme, but it is nott. It is actually a pretty clever book on marketing ,and I highly recommend it, particularly the part on mental triggers.
Baha Mar accepts 300 into Gaming Academy
Baha Mar’s Gaming Academy yesterday welcomed 90 persons to its first free casino dealer training programmes.
VAT filing frequency tied to annual sales
By NEIL HARTNELL
