Cargill hits out at 'biased' NIB audit
The National Insurance Board’s (NIB) suspended director yesterday blasted the Grant Thornton forensic audit’s findings as “biased and incomplete”, rebutting its “exorbitant” conclusion on the rental of his brother’s apartment.
'Major concern' on Bahamas' growing trade bureaucracy
A well-known fiscal hawk yesterday expressed “major concern” that Bahamian taxpayers would foot an ever-increasing bill to support the bureaucracies this nation is being forced to create through its international trade commitments.
Bahamas 'substance' is not a commodity
THE Bahamas’ financial services brand needs more clarity, a Cabinet Minister yesterday arguing that this nation was not merely a “commodity” jurisdiction but a preeminent “full service provider”.
Bahamas seeks 'balance' on WTO benefits access
THE Bahamas’ has already signed up to obligations that “go beyond” those of World Trade Organisation (WTO) member countries, a senior official yesterday calling for a “balance” that would see this nation receive the benefits associated with WTO accession.
MARKETING REVOLUTION: Tie marketing to local experiences
My son and I love eating at Bamboo Shack. It is our ‘go to’ outing once a week, and we relax in the car looking out at the sea and talking about any and every subject.
Insurer hit by 50% contractor fall-off
A Bahamian insurer yesterday unveiled a 145.4 per cent net income increase for 2012, shrugging off a 50 per cent decline in construction industry premiums.
VAT to create pricing, tax 'transparency'
THE Government’s proposed Value Added Tax (VAT) regime will create a more transparent pricing and tax regime, a senior official said yesterday, although there would not be “a 100 per cent offset” against reduced Customs and Excise duties.
Trinidad unveils Third Caribbean investment forum
The third annual Caribbean Investment Forum (CIF), was launched yesterday atPort of Spain, Trinidad. CIF 2013 will take place on June 10-11 at the Hilton Trinidad and Conference Centre, and is expected to deliver two days of high level discussions on investment opportunities in the Caribbean.
Consolidated scorns its Bahamian rival
Consolidated Water’s Bahamian rival for the Windsor water supply contract yesterday dismissed the BISX-listed company’s attempts to paint its offer as uncompetitive on price.
Minister pledges no VAT 'choke off'
A Cabinet Minister last night pledged to avoid “choking off the economy” in implementing a Value-Added Tax (VAT), telling Tribune Business: “The danger of that is at the forefront of our minds.”
Freeport firm eyes electric car growth
A Freeport company is in talks with electric car and modular home firms to further expand its light manufacturing capabilities, with its workforce “potentially doubling” by year’s end.
CIBC Trust disclosures 12% of IRS 'volunteers'
US client disclosures by CIBC Trust Company (Bahamas) and its Cayman affiliate equal just 12 per cent of the number who have voluntarily disclosed accounts with their regional parent to the Internal Revenue Service (IRS), it has been alleged.
Oceania: 'Major issues' resolved
Key parties in the battle over the Oceania Heights development yesterday resolved “how to settle the major issues”, the Exuma Chamber of Commerce’s president describing that outcome as “significant”.
Bahamas 'meddling with disaster' on tourist's murder
TOURISM Minister Obie Wilchcombe said yesterday that incidents such as the recent murder of an American visitor to New Providence could negatively impact this country’s reputation as a premier tourist destination, telling Tribune Business: “We’re meddling with disaster.”
Commission names new market manager
The Securities Commission of the Bahamas (SCB) has appointed Velma Miller as manager of its market surveillance department with effect from yesterday.
