Esso purchaser to leverage parent's VAT experience
SOL Petroleum (Bahamas) is aiming to leverage its parent’s expertise with Value-Added Tax (VAT) systems across the Caribbean in this jurisdiction, adding that its business has been impacted by recent increases in its Business License fees.
BTC: We'll be broadband market leader in 2-3 years
THE Bahamas Telecommunications Company (BTC) is on track to regain market leadership in broadband Internet within the next two-three years, its chief executive revealing its existing customer base had doubled since 2011.
Gov't 'very close' on Walker's Cay deal
By NEIL HARTNELL
Car dealers need 40% sales rise for 'healthy profit'
New car dealers generally need “at least a 30-40 per cent” increase in sales to return to healthy profit levels, the Bahamas Motor Dealers Association’s (BMDA) president yesterday saying 2014 to-date had produced some initial recovery signs.
Insolvent broker's Liquidators possess $200k for $17.5m claims
The joint liquidators for Owen Bethel’s insolvent Montaque Capital Partners currently possess just $196,238 in liquid assets to cover total creditor claims of $17.5 million, it has been revealed.
Bimini developer appeals US night time sailing ban
The developers behind Bimini’s controversial cruise terminal are appealing a US court’s decision to uphold a government ban on its night-time cruises, a move it previously claimed would place its entire $275 million Bahamian investment “in peril”.
Motor chief urges 8-10 year emissions standard 'phase in'
The Bahamas Motor Dealers Association’s (BMDA) president yesterday called for the Government to phase-in its proposed vehicle emissions standards over eight-10 years to prevent “an overnight shock” for local motorists.
Bahamas eyes 'stimulus' from UK air tax reform
The UK’s air tax reforms “play right into the Bahamas’ diversification and international markets” growth strategy, a leading tourism executive yesterday saying it boosted this nation’s airlift connectivity via British Airways’ London hub.
Colonial Group entities supporting Earth Hour
The Colonial Group’s three Bahamas-based subsidiaries have pledged their support for an initiative aimed at raising awareness about the environment.
Water Corp targeting major energy savings
The Water and Sewerage Corporation (WSC) has joined the world in observing World Water Day, which will be celebrated on March 22.
Revised VAT Bill handed to Gov't
THE Central Revenue Agency’s (CRA) framework structure is “well advanced”, Financial Secretary John Rolle said yesterday, adding that a revised Value-Added Tax (VAT) Bill was now being handed over to the Government.
VAT explained to school PTA
Two members of the Value Added Tax (VAT) implementation team, Adel Gay (left) and Hugh Chase (right), provided details on the tax and why it was chosen over alternative reforms to a meeting of Oakes Field Primary School’s Parent-Teacher Association (PTA).
Nassau to host top financial conference
Nassau will this year host what is touted by organisers as the largest financial services summit in the region, STEP Caribbean Conference (CC) 2014.
Bahamian law firm gains top ranking
Higgs & Johnson has been ranked as a Tier 1 law firm by both IFLR1000 and Chambers Global for 2014.
How to counter the sense of entitlement
Our previous discussion engaged in provocative dialogue around the life of the Bahamian slave versus those on other plantations.
