BISX chief explores Dubai cross listings
The Bahamas International Securities Exchange (BISX) has begun talks with its counterparts in Dubai and Abu Dhabi on the potential for cross-listings and trading.
Gov't 'driving' Abaco Club deal
MARRIOT is in talks with at least two investor groups looking to purchase the Abaco Club on Winding Bay, a Cabinet minister confirmed yesterday, telling Tribune Business he had taken a personal interest in driving those negotiations.
Substance abuse and its toll on employers
As our social and corporate community changes, and people continue to succumb to the pressures and demands of full and active lives, many fall victim to substance abuse and other vices. These take their toll on the employee’s level of efficiency and productivity.
KPMG teams with BFSB for captives handbook
KPMG has partnered with the Bahamas Financial Services Board (BFSB) to produce a comprehensive overview of the captives industry in this jurisdiction, through a handbook entitled ‘Captive Insurance in the Bahamas’.
BTC's LTE roll-out extends into 2015
The BAHAMAS Telecommunications Company (BTC) plans to extend its 4G Long Term Evolution (LTE) technology footprint throughout the this nation over the remainder of this year and into 2015, telling Tribune Business it will place the Bahamas on par with countries such as the US.
$238m deficit exposes 'balanced Budget' need
The Government’s $238 million deficit for the 2013-2014 fiscal year’s first half shows there is “much more work to do”, a Tax Coalition co-chair said yesterday, even though it represented a 19.3 per cent year-over-year decline.
FINCO: Bad loans six times' higher than pre-08 crash
RBC FINCO yesterday said that while its non-performing loan portfolio had “stabilised” at a total $104 million, this represented a sum up to six times’ the worth of pre-recession bad loans.
ART OF GRAPHIX: Designing a creative love
Ah, Valentine’s Day. The one day of the year when we’re supposed to show our one-and-only how much we love and adore them. Being in love is a wonderful feeling, which harvests such a powerful emotion. And you just might agree that “Love is not finding someone to live with; it’s finding someone you can’t live without”.
Gov't 'can't dictate' Stamp Duty sums due
The Government was yesterday urged to extend its proposed review of sharp real property tax bill hikes to Stamp Duty, a leading realtor disclosing that many payments were not being accepted because deals were perceived as ‘contrived’.
Gov't slashes $29m GB subsidy by 50%
The Government was yesterday urged to extend its proposed review of sharp real property tax bill hikes to Stamp Duty, a leading realtor disclosing that many payments were not being accepted because deals were perceived as ‘contrived’.
PM: 'I won't stand in way' of better tax reform ideas
The Government was yesterday urged to extend its proposed review of sharp real property tax bill hikes to Stamp Duty, a leading realtor disclosing that many payments were not being accepted because deals were perceived as ‘contrived’.
30% egg import tariff 'too late'
EGG producers said yesterday’s Government’s decision to increase the tariff rates on imports to 30 per cent would only raise consumer costs, as not enough were being produced locally to meet demand.
Bimini developer partners to aid domestic tourism
Resorts World Bimini (RWB) has teamed up with Sky Bahamas and the Ministry of Tourism to encourage Bahamians to discover the beauty of the Family Islands.
Palm Cay marina exceeds forecast
Palm Cay’s marina has exceeded growth projections in the three months it has been open, with 30 property owners now berthing up to 110-foot yachts there.
PM: Less VAT reliance if the economy grows
PRIME Minister Perry Christie said yesterday he was hopeful that economic growth would enable him to rely less on Value-Added Tax (VAT) to fill the “untenable imbalance” in the Government’s finances.
