New LPIA terminal gets its first passenger
At 4.45 am on Wednesday, while most of Nassau slept, a passenger bound for Freeport via a Bahamasair flight walked through the automatic doors of Lynden Pindling International Airport’s (LPIA) new domestic and international terminal and into history, becoming the first person to enter the $83.5 million, 105,000 square foot facility as it went live.
Bahamas at talks on entertainer EU access
The Bahamian government has participated in consultations over how CARICORUM entertainers can enter the European Union (EU) market.
BTC teams with Dunkin' on social media promo
Dunkin’ Donuts and the Bahamas Telecommunications Company (BTC) have launched a social media Foursquare promotion.
Sandals 'took a look' at Baha Mar's Sheraton
Sandals chairman, Gordon ‘Butch’ Stewart, yesterday confirmed that the resort chain had “taken a look” at the Sheraton Cable Beach property, but denied it was taking over the Baha Mar-owned property.
Tax Coalition urges postponement of VAT 'seismic change'
The Chamber of Commerce’s tax coalition has urged the Government to postpone Value-Added Tax’s (VAT) implementation to a date “at least 12 months” from when it releases the draft legislation, in order to give the private sector and consumers time to adjust to “seismic change”.
Bahamas has Caribbean 'low' on import cover
The Bahamas has the “lowest level” of foreign reserve import coverage in the Caribbean, a top Royal Bank of Canada (RBC) economist yesterday describing the situation as “critical”.
'Concern' over jobless rate increase to 16.2%
A senior Bahamas Chamber of Commerce and Employers Confederation (BCCEC) executive last night said the increased 16.2 per cent unemployment rate was “certainly a concern to us”.
Exuma visitor arrivals up 6%
Visitors arrivals to Exuma are up roughly six per cent year-to-date over 2012, the Ministry of Tourism’s director-general telling the Exuma Business Outlook that the island was experiencing “reasonable growth” with the exception of a 5 per cent drop in sea arrivals.
85% food import bill 'untenable'
The Bahamas imports 85 per cent of the food products it consumes, the Minister of Agriculture and Marine Resources yesterday branding this asituation “untenable”.
THE ART OF GRAPHIX: Master your graphic craft
Are all graphic designers, Logo Designers? If you are a graphic designer, does that mean you are automatically a logo designer as well?
Companies fearing VAT 'cash flow nightmare'
Bahamian businesses yesterday expressed fears that Value-Added Tax (VAT) will cause “a cash flow nightmare”, warning that they would have to use “profits and working capital” to cover tax payments on sales they never receive.
Ordinary Bahamians will 'own' the VAT
VAT stands for ‘Value Added Tax’. VAT is a ‘tax on consumption’, levied by the national government. VAT is levied on most goods and services provided by registered businesses.
Details confirmed in attorney's letter
More than $856,000 belonging to convicted serial killer, Sante Kimes, and her late husband was stashed in Gulf Union Bank (Bahamas) when it collapsed in the late 1990s, Tribune Business can reveal.
Developer demands justice over $1m club demolition
An entrepreneur yesterday slammed the Bimini Bay Resort’s original developers for demolishing his $1 million Beach Club investment, and said: “This would never, ever be tolerated anywhere else in the world.”
MARKETING REVOLUTION: Trading up with your fundraising
I do not watch much TV, but if something catches my interest I will watch a bit of it from time to time.
