Florida Panthers next up for sports tourism
MINISTRY of Tourism executives yesterday said they were focused on bringing sports tourism to the “forefront” of this nation’s offerings, leveraging relationships with major Florida franchises such as the Miami Dolphins to attract more top events to this destination.
Hotel chief says lower VAT 'welcome indicator'
The BAHAMAS Hotel & Tourism Association’s (BHTA) president believes the Prime Minister’s promise of a lower Value-Added Tax (VAT) rate and possibly delayed implementation date is a “welcomed indicator” that the Government is considering private sector’s concerns over the economic impact of fiscal reform.
Map out processes on customer consistency
The three ‘Cs ‘of customer satisfaction are: Consistency, consistency, consistency. Here’s how to get simple and straight to the point.
Gov't delay may 'wreck' economic boost for all
Scuba diving is a sport. It is encouraged as a business and enables amateurs to wet their feet, eventually becoming qualified divers.
Brookfield tight-lipped on Ocean Club future
Top Brookfield Asset Management executives were last week tight-lipped over the One & Only Ocean Club’s future, with several well-placed sources suggesting to Tribune Business it was entertaining potential buyers for the resort.
VAT rate slash celebration seen as premature
A well-known businessman believes it would be premature to celebrate the Government’s decision to lower Value-Added Tax (VAT) to below 15 per cent, as it is unclear how much duty rates will now be cut.
'Kiss of death' for Bimini case
A $250,000 ‘security for costs’ order is “the kiss of death” for those challenging Bimini’s controversial cruise ship terminal, a leading environmental consultant alleging that “fear of the Government” made raising these funds impossible.
Eliminate VAT need via 70-80% tax compliance
The Tax Coalition’s co-chair has suggested that increasing tax compliance rates to 70-80 per cent under the existing system would eliminate the need for Value-Added Tax (VAT) or any other revenue reforms.
New immigration policy can 'revolutionise' sector
A Cabinet Minister believes the Government’s proposed ‘user-friendly’ Immigration policy can “revolutionise” the Bahamas’ position as an international business centre, suggesting it was likely to have been the financial services industry’s leading priority.
Travel firm eyes $20m China tourism boost
A BAHAMIAN travel services firm is hoping a joint venture partnership will draw up to 15,000 Chinese visitors to the Bahamas annually, its chief executive projecting it could deliver a $20 million tourism boost.
Bahamas gains captives boost
The Bahamas Financial Services Board (BFSB) and the Insurance Commission of The Bahamas (ICB) attended the Captive Insurance Companies Association (CICA) 2014 International Conference in Scottsdale on November 9-11, as part of their development programme to attract such business to the Bahamas.
Bahamas Waste hosts students to recycle tour
Nassau, Bahamas - Bahamas Waste hosted four graduate students, who are currently studying at the Cape Eleuthera Institute (CEI) campus, to a tour of its recycling facilities in western New Providence.
Marine pilots face licence obstacles
Questions have arisen over whether the newly-formed Bahamas Marine Pilots Association (BMPA) has any legal standing to perform the services it is offering, with observers fearing the situation may undermine Freeport’s “huge foreign investments”.
PM opens the latest Sandals innovation
Prime Minister Perry Christie and a delegation of government officials have officially opened Sandals Royal Bahamian’s Crystal Lagoon Suites.
PM blasts failure over BTC's $62m pension deficit
The Ingraham administration failed to provide the $39 million financing promised in the privatisation process to cover the original Bahamas Telecommunication Company (BTC) pension fund deficit, Prime Minister Perry Christie last night alleging this had caused the shortfall to balloon to $62 million.
