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Taxing times require some serious reform

After years of desultory chat about a new tax structure, the Symposium on Tax Reform, scheduled for October 25-26 at the College of the Bahamas, may actually propel us towards a specific programme of change.

FATCA seminar to focus on inter gov't approach

The symposium on the US Foreign Account Tax Compliance Act (FATCA) will feature a session on the Intergovernmental Agreements (IGA) introduced as a mechanism for implementing compliance with its demands.

Schooner Bay founder gets architecture award

The founder of Abaco’s Schooner Bay development, Orjan Lindroth, was honored in Palm Beach on Saturday with an Addison Mizner Award for his work to further classical architecture.

BFS acquisition decision 'not delayed much longer'

PRIME Minister Perry Christie said yesterday that the Government’s decision on the potential acquisition of Bahamas Food Services (BFS) by the multi-billion dollar US distribution giant, Sysco, was one that “would not be delayed much longer”.

'Real push' to boost business processes

A Cabinet Minister yesterday said there was “a real push” to improve the Bahamas’ business processes and systems, after the World Bank’s move to again cut this nation’s competitiveness “validated all the concerns” he harboured over the Ingraham administration’s policies.

Marina chief sees 15-20% booking rise

THE Bahamas could witness a resurgence in the boating market in the next few years, the Marina Operators of the Bahamas (MOB) president said yesterday, adding that reservations for his property were up 15-20 per cent over 2011.

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Government aims to raise short term debt limit threefold

The Government is preparing to increase its short-term borrowing threshold three-fold to 60 per cent, a key Ministry of Finance consultant yesterday conceding this was “a huge jump” for which there was little alternative.

'No pull out' by $110m developers

The developers behind a proposed multi-million dollar resort and real estate development on Long Island “have not pulled out”, and are looking to establish a permanent presence and take over marina operations at the adjacent Stella Maris Resort “next month”.

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Airport security reform 'puts cart before horse'

While praising the Government for “a good first step” in trying to bring the Bahamas further into line with the International Civil Aviation Organisation’s (ICAO) security standards, a leading airport operator yesterday said it was effectively ‘putting the cart before the horse’.

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Act changes to eliminate Industrial Tribunal 'conflict'

Planned legal amendments will eliminate a ‘potential conflict’ that requires the Industrial Tribunal to act “as judge, jury and executioner” over industrial agreements, a union leader yesterday telling Tribune Business that “90 per cent” of these deals were not registered.

BFSB unveils itsawards nominees

The Bahamas Financial Services Board (BFSB) is celebrating the 12th anniversary of its Industry Excellence Awards programme at a Gala Awards Banquet on Friday, 9 November.

Speed Week in deal with Bahamas firm

BAHAMAS Speed Week organisers have signed a a three-year agreement with a Bahamian infrastructure company for the provision of bleachers at this year’s Speed Week Revival.

Conference drives 300attendees to Bahamas

The Black Entertainment and Sports Lawyers Association (BESLA) is bringing 300 attendees to the Bahamas by holding its 32nd annual conference at the Atlantis Resort on October 24-28.

Business Outlook heads for Exuma

The seventh annual Exuma Business Outlook conference will take place this Wednesday, focusing on the theme ‘New Challenges Call for New Paradigms: Identifying a Development Formula for Exuma’. The one-day symposium will be held at Sandals Emerald Bay Resort in George Town.

Food store's owner targets 'another level'

DESPITE operating in an extremely competitive food retail sector, Centerville Food Market has remained in business for 40 years by creating a niche for itself, proprietor Horace Major said yesterday.