Unlock green economy for 'thousands of jobs'
The Government was yesterday urged to create “thousands of jobs” by unlocking a ‘green economy’ in the Bahamas, a top QC calling on it to make developers finance enforcement of the main Planning law.
Court backs FamGuard on $50k 'fraud'
Family Guardian’s decision not to pay out on a $50,000 life insurance policy has been upheld by the Court of Appeal, which found there was “ample evidence” of fraudulent misrepresentation.
Payroll tax to have 1/5 of VAT inflation impact
A 5 per cent payroll tax would have just ‘one-fifth’ of Value-Added Tax’s (VAT) price inflation impact, a leading businessman suggesting it would protect consumers and “not throw the economy into recession”.
Freeport to 'take decades' to catch main competitors
Freeport’s failure to “turbo charge” its business model has seen it bypassed by countries it should have left “in the dust”, a top Chamber executive warning it will now “take decades” to catch up with rivals.
Caribbean Bottling hit by copper theft
Caribbean Bottling Company is among the latest businesses to fall victim to increasing copper theft, its president describing the situation as a “sign of the times”.
50 'selling points' to better yourself
Need some ideas on what to work on and improve? These are not new, and by no means exhaustive, but you can add a new twist to an old idea or, maybe, just simply be inspired.
Bank to offer clients real-time account details
BANK of the Bahamas International (BOB) is moving to give customers real time information on their account’s status via its eNotifier application, which is now set for a “test-run”.
Fire hits Cable's Internet service
BUSH fires causing damage to a fibre optic cable resulted in disruptions to broadband Internet service on Abaco, Eleuthera and Grand Bahama, Cable Bahamas has confirmed.
Teachers join VAT opposition
The BAHAMAS Union of Teachers’ (BUT) president said yesterday that its 4,000 members were adding their voices in opposition to the “regressive” Value-Added Tax (VAT), as there was still a “great deal of uncertainty” as to how the profession would be impacted.
BISX adds to fund family
THE Bahamas International Securities Exchange (BISX) yesterday made another addition to its investment fund roster, adding the listing of Queluz Brazil Funds SAC Ltd’s Class A shares.
BTC in 'substantial' $1m VAT systems bill
Thousands of Bahamas Telecommunications Company (BTC) pre-paid cellular customers will see their calling costs increase 15 per cent under Value-Added Tax (VAT), with the carrier itself set to incur a “substantial” $1 million bill just to make its systems compliant.
Developer: 'Fix Planning law sooner, not later'
The Government has been urged to fix its main Planning law “sooner rather than later”, a leading developer warning that otherwise all development projects will become bogged down in “never ending Judicial Review” actions.
Wilson: Gov't 'unwise' to ignore VAT fears
The Government’s biggest private sector supporter believes it would be “unwise” to ignore the “widespread opposition” to Value-Added Tax (VAT), as he appeared to back the merits of a payroll tax alternative.
DPM 'failed twice' to halt Blackbeard Cay development
The Deputy Prime Minister allegedly twice failed to live up to promises made to environmental activists to halt the controversial Blackbeard’s Cay project, court documents have alleged.
Retail fears VAT 'death sentence'
Bahamian retailers yesterday warned that Value-Added Tax (VAT) could be a “death sentence” for many local businesses, with several industry operators already having told staff to look for new jobs come July 1.
