ACTIVTRADES: Europe on the brink
Back in April, Emanuel Macron ominously said that Europe (referring to the European Union (EU) was mortal and could die. What the French president meant by this was that the EU, and its free circulation of goods, capital and citizens, was not guaranteed to last forever and requires nurturing.
Pilots ‘blindsided’ over Customs fee increase
Private aviation was yesterday said to have been “blindsided” by Customs fee increases due to take effect today that will result in the sector paying more than a Boeing commercial jet airliner.
Briland resort demanding $913k from horse venture
A top Briland resort is demanding that a Bahamian-owned horse riding business pay it $912,500 within ten days or face the threat of legal action as their long-simmering dispute reignites.
‘Under siege’: Tax Task Force treating us like criminals
Bahamian businesses “feel under siege” from the Government’s tax enforcers treating legitimate operators as if they are common criminals, private sector leaders have blasted.
Bahamas ‘firing on all cylinders’ through attracting 4.8m visitors
THE Ministry of Tourism's top official yesterday said The Bahamas is "firing on all cylinders" with the 4.8m total visitors for 2024's first five months beating last year's record pace.
Sarkis dismisses CCA’s $68m ‘over-budget’ claim
BAHA MAR’S original developer has accused the resort’s Chinese contractor of trying to rehash failed legal arguments as he dismissed its assertion that the project went “only $68m” over budget.
Andros resort to expand and become ‘big enough’
AN ANDROS resort owner yesterday unveiled plans to expand his second property by adding a boutique hotel and residential real estate, adding: “It’s very difficult to make 20 rooms work.”
$30m Andros renewable project bids to tackle casuarina invasion
A $30M Andros renewable project will “simultaneously” seek to solve the island’s casuarina pine tree invasion by incorporating biomass into its energy mix, a Cabinet minister revealed yesterday.
Vehicle importers pocketed client Excise Tax payments
CUSTOMS top official yesterday revealed that unscrupulous importers pocketed monies provided by clients to pay Excise Tax on imported vehicles in a scheme that abused Dorian-related tax breaks.
Western air suspends flights to Cat Island
A MAJOR Bahamian airline has suspended flights to Cat Island’s New Bight airport due to the “hazardous state” of a runway that has previously damaged aircraft and prevented yesterday’s scheduled take-off.
Major retailer hits at armed officer ‘intimidation tactics’
A MAJOR Bahamian retailer yesterday accused government agents of employing “intimidation tactics” by sending heavily-armed officers into its main store as part of a tax compliance check-up.
PM’s office ‘addressing’ conflict on seized boat
THE Prime Minister’s Office has pledged it is “actively addressing” accusations of conflicts of interest and other irregularities involving a confiscated vessel that was forfeited to the Government.
‘it’s about time casinos and web shops pay same taxes’
ISLAND Luck’s co-founder yesterday called for hotel- based casinos to “pay their fair share” and an end to the rate disparity that sees web shops paying two-thirds of the gaming sector’s total tax contribution.
Pintard calls on govt to respond to gas retailers
Opposition leader Michael Pintard said yesterday the Davis administration should make a "determination" on the proposal for a margin increase on fuel prices and end the 30-month impasse.
Exports 'steady' despite 44% drop, insists Griffin
Senator Barry Griffin, deputy chairman of the National Trade Committee, maintained yesterday the export of Bahamian goods remain “steady” amid reports that exports declined by 44 percent in the first quarter of the year.
