Dingman to 'add new dimension' for Sandyport
Sandyport is hoping that Jamie Dingman and his investor group will “add another dimension” after they expanded their growing New Providence restaurant/eatery empire by renting the former Beach Cafe.
Bimini: 'Incontrovertible proof' dredging illegal
Opponents of Resorts World Bimini’s controversial cruise ship terminal believe they now have proof the developers were “dredging illegally” for more than a week, following Friday’s Privy Council hearing.
Sandyport: 100% lease out 'great achievement'
Sandyport believes it has notched “a great achievement” through having its residential real estate portfolio 100 per cent leased, with tenants snapping units up before they are built.
Court sticks BORCO, insurers with multi million repair bill
The Bahamas Oil Refining Company (BORCO) and its insurers appear to have been stuck with a multi-million dollar repair bill, after the Court of Appeal overturned a previous ruling and found a tanker owner could limit its financial liability for damaging a jetty.
Shipyard repairs over 50 vessels
Gathering together his staff for the annual mid-year review, Grand Bahama Shipyard’s (GBS) chief executive, Carl Rotkirch, congratulated his team on a successful year to-date.
Bar services company says saving clients $1k weekly
A Bahamian inventory control and bar services firm is aiming to help clients ncrease their profitability by eliminating wastage, its founder telling Tribune Business it is already saving some more than $1,000 a week in liquor revenues.
URCA shifting to BTC, Cable plans
Communications regulators appear to have accepted pleas by both the Bahamas Telecommunications Company (BTC) and Cable Bahamas to switch to a new method of supervising consumer prices in sectors where both companies have Significant Market Power (SMP).
Law firm names new GB partner
Callenders & Co has appointed Jacqueline H. Banona as its latest partner in Grand Bahama.
Trust: Injunction highlights 'lack of transparency'
Bahamas National Trust (BNT) executives said it was “gratifying” that the Privy Council decided to grant the injunction halting Resorts World Bimini’s dredging activities, arguing that this further highlighted the “complete lack of transparency” surrounding the project.
The why and how to legalise web shops
A group of 'Concerned Accountants' set out their template for legalising the webshop sector through proper and independent regulation.
'Undeniable moral grounds' for greater tax compliance
There is “an undeniable moral case” for improving compliance with the Bahamas’ existing taxes, a private sector report suggesting such initiatives could boost real property tax collection alone by $70 million annually come 2024.
Multiple exemptions VAT 'dead on arrival'
A Value-Added Tax (VAT) with widespread exemptions will be “dead on arrival”, a former Chamber of Commerce president warned yesterday, arguing that it would lead to higher tax rates and prices.
Insurer: Contractor premiums down 50%
A Bahamian insurer yesterday said premium income from its contractor all-risk business had declined almost 50 per cent over the past four years, as it predicted “another flat year” for 2014 overall.
Auto dealer eyes 10% sales boostvia brand swap
A leading Bahamian auto dealer yesterday said it was investing $140,000 to ‘swap’ the location of two vehicle brands, with the aim of generating a 10 per cent sales boost for the most popular.
Sandyport targeting commercial expansion
Sandyport aims to “shortly” announce a further expansion of its commercial office and retail offering, as it mulls development options for the remaining 12 acres “at our very heart”.
