'How in the world' can we fund NHI?
A Tax Coalition co-chair yesterday warned the Government “the suit has to fit the cloth” with its proposed National Health Insurance (NHI) scheme, adding that implementing it so soon after tax reform risked imposing an unsustainable burden on consumer and business.
Breezes owner calls for tourism 'export' status under VAT
SuperClubs Breezes owner has called on the Government to treat tourism as an export industry for Value-Added Tax (VAT) purposes, adding that Nassau and the Bahamas would “see a real uptick” in the economy by 2015.
Albany: South Ocean golf course open 'in three months' if bid wins
The Albany developers yesterday said they had promised the Government to re-open South Ocean’s golf course “within three months” if their joint venture with Och-Ziff was successful in acquiring the neighbouring resort property.
$2m farm start-up targeting 30 jobs
Investors are planning to inject $2 million in start-up capital into an Abaco-based soybean, corn and dairy cattle farming venture that could create some 30 jobs.
Costa Rica shows Bahamas way on nature preservation
A Bahamian environmentalist says Costa Rica has shown every country in the Caribbean that preserving natural beauty pays, appealing to visitors who treasure flora, fauna and natural wonders above t-shirts and trinkets.
Nurturing mothers in the workplace
This week we pause to celebrate mothers, and the contributions they make to the corporate world. I have heard many say that it is a mother’s resolve to provide for her children that causes women to be so driven and productive at work.
Business to get a 'sweet' boost
Small and medium-sized culinary businesses will receive a boost from the inaugural Sweeet Fest, which is designed to showcase their products and creativity to residents and tourists alike.
Breezes committed to $100m expansion
SuperClubs Breezes owner yesterday said the resort remained committed to a $50-$100 million expansion that could create up to 500 jobs, and was poised to move once Baha Mar’s completion and other key factors fell into place.
No 'empowerment for jobs' trade-off on $50m aragonite plan
East Grand Bahama’s MP yesterday said he would have “difficulty” with a proposed $50 million aragonite mining project if it forced his constituents to trade their self-empowered lifestyle for jobs, given its potential impact on the area’s main fisheries source.
Freeport businesses seek tax repayment
Freeport businesses yesterday filed their long-awaited legal challenge to the 2013-2014 Budget’s new and increased taxes with the Supreme Court, in a bid to recover all monies paid to the Government over the past 10 months.
Breezes 'ready and willing' over Baha Mar land transfer
SuperClubs Breezes owner yesterday said outstanding issues over its land swap agreement with Baha Mar were proceeding to resolution, with his property “ready, willing and able” to fulfill all its obligations.
Court win to save F'port from 'illegal taxes' until 2054
A top QC yesterday said the Government would be unable to levy its “illegal taxes” in Freeport until 2054 if Port Authority licensees succeed with their Supreme Court action.
BICA meets with New Zealand tax advisers
The Bahamas Institute of Chartered Accountants (BICA) met with the New Zealand consultants on Value-Added Tax (VAT) to discuss how it can help with the fiscal reform public education process.
Central Bank: 'No power' on ATM fees
The Central Bank of the Bahamas governor yesterday said the regulator had “no power” to control what commercial banks charged their customers for individual transactions, although she acknowledged Bahamian concerns over the “lack of transparency” on teller machine fees.
Moxey resigns as Port vice-president
THE Grand Bahama Port Authority (GBPA) and Port Group (PGL) yesterday announced the resignation of vice-president Ginger Moxey.
