Shipyard graduates more apprentices
Grand Bahama Shipyard (GBS) has held its ninth annual apprenticeship graduation and awards ceremony. Two apprentices graduated, 10 received second-year contracts, and 12 apprentices received first-year contracts for the training programme.
Gov't selects VAT system software
The Government’s Value-Added Tax (VAT) implementation team has selected Data Torque’s software to run the IT system for its new tax.
Law firm targets Privy Council over Customs bond link
A leading Bahamian law firm is seeking permission to appeal to the Privy Council on the grounds that Customs “had not abandoned” its position that Freeport ‘bonded goods letter’ renewals were conditional on prior year sales reports being filed with it.
Business ease slump a 'recipe for recession'
The Bahamas’ latest eight-position slump in the World Bank’s Ease of Doing Business rankings was last night greeted with dismay by the private sector, which branded the decline as “a recipe for a prolonged recession” and loss of economic competitiveness.
Bimini's dive tourism in peril 'for nothing'
Resorts World’s Environmental Impact Assessment (EIA) admits that Bimini’s existing dive tourism model is potentially being placed “at risk for nothing”, a leading environmental attorney warned yesterday.
Business Licence contingency 'a bit dangerous'
A leading accountant yesterday described the Government’s seeming reliance on Business Licence fees as a Value-Added Tax (VAT) contingency as “a bit dangerous”, warning that they would not all be immediately reduced to $100 as previously promised.
URCA investigates BTC over portability mess
Regulators are investigating the Bahamas Telecommunications Company (BTC) for preventing the planned September 3 launch of number portability, saying this had resulted from possible anti-competitive behaviour.
MARKETING REVOLUTION: Building sports tourism from the grassroots up
This summer I led a 27-person judo team to the US Junior Open in Florida.
Timeshare law upgrade urged
MIAMI, FL- The Bahamas must consider modernising the Timesharing Act to remain competitive and encourage new development, an industry executive telling Tribune Business yesterday that this was “fundamental” to the sector’s long-term growth and health.
Bahamas is urged to differentiate
MIAMI, FL- THE Bahamas must seek to differentiate itself from its Caribbean counterparts in the tourism and hospitality industry, the head of a Washington-based trade association representing the vacation ownership industry said yesterday.
Tourism executive in regional award
A leading Bahamian advocate for sustainable tourism development will receive the 2013 Caribbean Media Exchange (CMEx) Leadership Award.
Bimini ferry brings 40k in three months
Resorts World Bimini yesterday said its Miami ferry service had brought 40,000 persons, or 80 per cent of its normal annual visitor numbers, to the island in just three months.
Palm Cay condo reservations now real deals
Buying a condo was never like this before. Prospective homeowners last week gathered outside the Palm Cay clubhouse for a ‘reservations-become-reality’ night, eager for the groundbreaking approach to luxury condo sales at the $200 million development.
Timeshare owner eyes cable Beach expansion
MIAMI, FL - A Cable Beach timeshare developer is looking to build on his $4 million investment to-date by expanding the 35 unit offering, telling Tribune Business: “I’ve been booked every weekend in September and October”.
Bahamas Waste: VAT's impact 'pretty huge' if no write-off credit
Bahamas Waste’s managing director yesterday said Value-Added Tax’s (VAT) cash flow impact “would be pretty huge” if the Government does not provide credits against uncollected sales write-offs.
