RICHARD COULSON: Gov't premature in income tax write-off
Value Added Tax (VAT), as presented in the recently-published Government White Paper, is fine as far as it goes
Law firm engages divorce specialists
An Abaco law firm has hired specialists in divorce and matrimonial matters.
Renewable energy framework absence 'absolute lunacy'
A well-known environmentalist yesterday accused the Government of reneging on its ‘oil referendum’ promise to the Bahamian people, and described its failure to produce a coherent renewable energy policy as “absolute lunacy”.
Bahamas on 'wrong path' to $5bn sector
The Bahamas is “on the wrong path” in efforts to establish itself as a captive/international insurance jurisdiction, a well-known executive has warned, adding that it could see $5 billion in gross premiums within five-seven years if it altered course.
Govt 'oils' BDR issue
A BAHAMAS-based oil explorer yesterday said it was looking to bring its Bahamian Depository Receipt (BDR) offering to local investors to market “as soon as possible”, noting that the Government’s decision to allow it to begin exploratory drilling prior to a referendum had given further impetus to this process.
AML Foods 'parks' Carl's Jr franchise for 6-9 months
AML Foods has decided to “park” the launch of its new hamburger franchise, Carl’s Jr, for six-nine months due to concerns over consumer confidence and the Bahamian economy’s short-term outlook.
BEC suffers $95K salary disconnect
THE BAHAMAS Electricity Corporation’s (BEC) executive chairman has revealed that workers hired on a contractual basis to simply carry out disconnections/ reconnections have been earnning as much as $95,000 a year.
Exploit ship registry to build captive presence
The Bahamas must exploit its huge ship registry in trying to establish itself as an international insurance player, a senior industry executive revealing that one “bullish” manager was aiming to take his total captives to 50 by year-end.
Exploratory oil drilling before any referendum
THE Government will allow exploratory drilling to determine whether there are commercial quantities of oil in the Bahamas prior to any referendum, a Cabinet Minister said yesterday.
Physicians captive fight 'hurt Bahamas'
A dispute over a captive insurance company established to cover 75 Bahamian physicians against medical malpractice claims may have damaged this nation’s prospects for establishing itself in this industry.
CHAMBER VOICE: Respecting the unexpected loss
A famous poet once penned these words: ‘Death is an appointment that we all must keep’.
BEC slashes overtime 54%
THE Bahamas Electricity Corporation (BEC) cut its staff overtime payments by almost 54 per per cent in February, its executive chairman charging that some workers at the Corporation had become accustomed to an extravagant lifestyle as a result of overtime pay.
Realtors in Gov't 'site inspection'
In a site inspection that was anything but routine, a Bahamian real estate company’s staff toured the Bahamas.gov.bs website through a presentation by the Department of Information Technology.
Treasure salvaging can 'wipe out national debt'
The Bahamas could “wipe out its national debt” if it moves to permit wreck/treasure salvaging and exploration, Tribune Business was told yesterday, one executive estimating $6 million could be instantly injected into the economy if pending licence applications were approved.
Physicians urged: ‘Target 2o% of $2bn health care spend’
Physicians were yesterday urged to “take over the industry of medicine” and target 20 per cent of the $2 billion spent annually by Bahamians on health care.
