IT 'peril' over VAT compliance
Companies will be “in peril” of non-compliance with Value-Added Tax (VAT) if they are not given enough lead time to implement the required IT/accounting systems, a top insurance executive has warned.
Industrial unrest brews at Sheraton
Industrial unrest appeared to be brewing at the Sheraton Nassau Beach Resort last night, a trade union warning the resort to “avoid unintended consequences” over moves to reduce work hours for middle management staff.
National debt near $5.5bn by mid-2014
The Bahamas’ total national debt will be close to $5.5 billion by the time the Government’s fiscal year closes on June 30 next year, it was forecast yesterday, having grown at least $419 million in 12 months.
DNA: Unions 'shooting themselves in the foot'
The Democratic National Alliance’s (DNA) chairman believes public sector unions are “shooting themselves in the foot” by demanding 100 per cent employer-funded pensions and benefits, describing this as “unsustainable”.
VAT impact 'three times as severe' for Out Islands
Value-Added Tax’s (VAT) implementation will have an impact on small Family Island economies that is ‘three times’ as severe in comparison to New Providence because they lack critical mass, a top private sector executive said yesterday.
Bahamas eyes spot as 'the destination' for sports tourism
TOURISM officials said yesterday that hosting the NBA champion Miami Heat for their pre-season training camp at Atlantis will boost this country’s reputation as “the destination” for sports tourism in the region.
THE ART OF GRAPHIX: The PC way to speed repairs
Even though everyone wants a faster PC or laptop, computers age and naturally slows down.
Airport gateway is 99% complete
The Airport Gateway Project is 99 per cent complete, the Minister of Works said yesterday, with more than $69 million of its $71 million budget having been spent to date.
Officials visit GB bone fishing resort
Officials in Grand Bahama visited and toured Deep Water Cay (DWC) recently, as the well-known Bone Fishing Resort in the east welcomed a new management team to the island.
PI resort gains Excellence award
Comfort Suites Paradise Island has been recognised with the 2013 TripAdvisor Certificate of Excellence, which rewards the top performing businesses on TripAdvisor.
Interns gain valuable financial experiences
Eleven College of the Bahamas (COB) who attended last year’s Nassau Conference gained invaluable experience this summer by completing internships with nine leading banks and trust companies in The Bahamas.
Scotiabank associate passes Series 7 exam
An associate at Scotiabank Global Banking and Markets, Shemika Miller, has passed the Series 7 Exam in Fort Lauderdale after studying with the Nassau-based Securities Training Institute (STI).
Delta announces GB service from Atlanta
A Bahamian cultural extravaganza was the highlight of a weekend Atlanta reception hosted by the Ministry of Tourism and the Grand Bahama Tourism Board to support the upcoming launch of Delta’s direct service between the city and Grand Bahama, beginning on December 19.
Lawyer: I don't fear VAT.. It'll be a boost
A former Bahamas Bar Association president yesterday predicted that Value-Added Tax (VAT) would “boost” the legal profession, and said: “I don’t have any trepidation of doom and gloom.”
BTC: Mobile data to 'Double in 12 months'
The Bahamas Telecommunications Company (BTC) is projecting that mobile data demand will “double within the next year”, as it prepares to invest $17 million this financial year to pave the way for its latest cellular technology.
