Brewery's 'dumping ground' concerns over fiscal reform
Commonwealth Brewery has urged the Government to create a fiscal reform ‘level playing field’ that prevents the Bahamas from becoming “a dumping ground” for cheap alcohol imports.
Insurer exceeds goal 13% despite motor 'squeeze'
A Bahamian insurer yesterday said it beat 2013 profit targets by 13 per cent, but warned that an all-sides “squeeze” was now threatening an historic net income generator that accounts for almost one-third of its top-line.
Doctors eyes $1m cost rise via VAT
DOCTORS Hospital is eying a $1 million hit to its bottom line if health care remains exempt from Value-Added-Tax (VAT), its chief financial officer telling Tribune Business yesterday there was “no getting around” an overall increase in healthcare costs.
US 'spying' threatens nation's business model
A top QC yesterday warned that the US ‘spying’ allegations “hurt us at every level”, and warned that they threatened to undermine the Bahamas’s very business model - that of an international business and financial centre.
Oil explorer chief increases his stake
Bahamas Petroleum Company’s (BPC) chief executive and chairman yesterday inccreased their shareholdings in the company.
Separate the business from your 'celebrity'
People buy products and services from whom they know and like. So becoming a local celebrity increases the prospects for your business to flourish...... provided people like you.
Bahamians called on to police NIB contributions
NATIONAL Insurance Board (NIB) registrants were yesterday urged to ‘police’ their contributions via its online tracking facility, a Cabinet minister noting that it continues to face claims by persons with insufficient contributions.
'Most revolutionary' impact in BEC reform
The proposed Bahamas Electricity Corporation (BEC) and wider energy sector reforms can have “the most revolutionary” impact on the economy, a Tax Coalition co-chair believes, offsetting the impact of Value-Added Tax (VAT) or any alternative.
Family Guardian aids BTVI in Berry Islands
Family Guardian Insurance Company has donated $500 cheque to assist the Bahamas Technical and Vocational Institute (BTVI) with a 16-week general maintenance course underway in the Berry Islands.
Wreck exploration running aground
As the Prime Minister and minister of finance, being the minister responsible for the National Museum and the Antiquities, Monuments and Museum Corporation (AMMC), continues to refuse to issue any exploration licences for historical wreck sites, one wonders what is going on at the AMMC.
Exuma real estate in '80-100% improvement'
Exuma has seen a “tremendous 80-100 per cent improvement” in its waterfront real estate market over the past two years, with a leading broker urging the Government to extend the duty-free building materials exemption for another year.
B.T.C. probes U.S. 'spying' claim
The Bahamas Telecommunications Company (BTC) last night promised to urgently investigate “the integrity” of its cellular network, amid claims that the US National Security Agency (NSA) is intercepting almost every mobile call made in the Bahamas.
Bimini: Bahamas 'trades quality for quantity'
A world-renowned dive guru yesterday said the Bahamas was sacrificing “quality for quantity” with its tourism development policies for Bimini, adding that he was “heartbroken” the Court of Appeal had failed to halt Resorts World’s dredging.
Gov't announces its tourism restructure
The Government has moved to restructure tourism management as the country bids to increase its market share by 4-5 per cent.
Deep Water Cay showcases nation
The Deep Water Cay (DWC) resort has helped to showcase the Bahamas to the world after being featured on Fox Sun Sports Network last weekend via ScubaNation, reaching five million households.
