Developer expands housing solution
A leading low-cost developer is gearing up to expand its housing solution by adding another 30 lots, its president telling Tribune Business: “We can’t wait to get started”.
Realtors compile VAT concern list
THE Bahamas Real Estate Association (BREA) is moving to compile membership queries and concerns on the proposed Value-Added Tax (VAT) system before it presents its formal position to the Government, its president says.
Chamber meets Chinese envoy
Yuan Guisen, resident ambassador of the People’s Republic of China to The Bahamas, and Madame Yang Hong, payed a courtesy call on the Grand Bahama Chamber of Commerce’s (GBCC) officers and directors.
Why VAT is 'most attractive' option
By John S. Bain Managing partner at UHY, Bain & Associates
Water Corp signs $1m wastewater contract
As part of the Inter-American Bank (IDB) loan to improve the Water and Sewerage Corporation’s (WSC) services and capabilities, the latter has signed a $1 million contract with Adin Holdings.
Chamber unveils its small firm seminars
The Grand Bahama Chamber of Commerce (GBCC) has announced the start of its 2014 Small Business Seminar Series with the launch of its first event, ‘Entrepreneurship 101’, set for February 20 at its headquarters from 9am to 4pm.
Chinese envoy visits the Port Authority
The Grand Bahama Port Authority (GBPA) welcomed the new Ambassador of the People’s Republic of China, Yuan Guisen, on his first official visit to Grand Bahama.
US storms cause 'unprecedented' flight call-offs
SNOW storms impacting major US gateways to the Bahamas have resulted in an “unprecedented” number of flight cancellations, according to Nassau Airport Development Company (NAD) executives.
Hotels set to 'surpass banner years' by 2015
The Bahamian hotel industry believes it will approach its pre-recession “banner years” in 2014 and “surpass” them next year, its president said yesterday, with the sector’s confidence levels reaching 97 per cent.
Port Authority attorney fired on missing funds
The Grand Bahama Port Authority (GBPA) fired its former general counsel after CIBC FirstCaribbean obtained a Supreme Court judgment against him for “misappropriating” $82,141.
Bahamas 'not out of line' on investment incentives
THE level of investment incentives offered by the Bahamas is “not out of line” with regional norms, a Cabinet minister said yesterday, suggesting that unlike its Caribbean counterparts this nation has been more successful in attracting “upper crust” investors.
Cable sounds out markets on capital raising
Cable Bahamas has been sounding out the Bahamian capital markets to gauge investor appetite for a proposed preference share offering, which sources said is likely to be launched in April/May this year.
'Too early to celebrate the recession end'
Value-Added Tax (VAT) will likely increase costs for each commercial bank by “several million dollars” annually, a top banker yesterday warning: “It’s still too early to celebrate the end of the recession.”
Web shops spark 'blacklist' fear
A top banker yesterday warned the Bahamas risks being ‘blacklisted’ again by the G-20 nations due to the potential money laundering risk presented by the web shop gaming industry.
BTC discloses 400% Internet sales rise
The Bahamas Telecommunications Company (BTC) yesterday said product bundling and competitive pricing had increased its broadband Internet sales by 400 per cent over the previous year.
