Caves Heights sees increased activity
CAVES Heights has seen a major increase in real estate inquiries through November and into December, resulting in seven condo sales over a three-week period.
Over half of unemployed jobless for 12 months
More than half of unemployed Bahamians have been jobless for a year or more, an Inter-American Development Bank (IDB) report warning that labour productivity had also declined between 2000 and 2007.
MARKETING REVOLUTION: Giving a 'stand out' marketing display
I just watched a You Tube video with a marketer that I used to follow, and came away completely disgusted.
Cable Bahamas mourns chairman’s passing
Cable Bahamas was yesterday mourning the loss of its founder and current chairman, Philip Keeping, who died in what was described as “an unfortunate accident”.
Bimini resort in 20% revenue rise
The Bimini Big Game Club Resort & Marina yesterday said total revenues for 2013 to-date had increased 20 per cent year-over-year.
Atlantis, Baha Mar urged to push for ‘fair VAT recovery’
A major accounting firm has urged Atlantis and Baha Mar, and major food stores, to approach the Government and work out “a fair recovery of Value-Added Tax costs” due to their split tax treatment.
$30m VAT redistribution shows tax’s ‘inefficiency’
A well-known businessman yesterday suggested that the Government’s plan to redistribute $30 million in Value-Added Tax (VAT) revenues to prevent it from increasing poverty levels exposed the “inefficiency” of its preferred tax reform option.
Retailer eyes claim over ‘$60,000 loss’
A frustrated Freeport food retailer yesterday said he planned to “claim” against a major shipping company, after the late delivery of perishables cost him an estimated $60,000 sales and much customer “goodwill”.
Liquidator readies control plan for Alliance accounts
Liquidators for an alleged $340 million Ponzi scheme are planning to apply to the Supreme Court for permission to gain control over six accounts they have been denied access to by a BISX-listed firm’s broker/dealer affiliate.
VAT ‘Death sentence’ fear for new housing projects
The Government’s proposal to make residential real estate sales ‘exempt’ from Value-Added Tax (VAT) could have “very serious” implications for property developers, Tribune Business was told yesterday, one describing it as “a death sentence”.
Gold dealer: ‘Go after crooks, not an industry’
A major gold/silver dealer yesterday urged the Government to crackdown on ‘Cash for Gold’ enterprises suspected of illegal activities, stating: “Go after those people and not the whole industry”.
Key downtown site in $3m price slash
A nearly four-acre property that is key to revitalising downtown Nassau has seen its sales price drop to $12 million, a top realtor telling Tribune Business yesterday that potential buyers were still waiting to see what they can do with the property.
$30m development sells out town home product
THE $30 million Venetian West development has received a strong market response, Tribune Business was told yesterday, having already sold-out one of its offerings with other products “moving very quickly”.
SAFE AND SECURE: Refining anti-crime strategies for 2014
Crime’s negative impacts are not unique to the Bahamas, and when one visits other countries, you realise this very quickly.
Insurers avoid 25% VAT cover drop-off
The Government’s decision to ‘exempt’ property and casualty insurance from Value-Added Tax (VAT) has prevented an estimated 25 per cent fall-off in coverage, which would have been “catastrophic for the Bahamian public”.
