Transparency hope from move to corporate tax
Implementing a corporate tax would move the country towards more progressive taxation, accountability and fiscal transparency, according to a governance reformer.
Economy stabilisation after pandemic ‘a huge positive’
The economy has stabilised “significantly” since the COVID-19 pandemic, a governance reformer said.
‘No appetite’ for rent-to-own as programme in private sector
A Bahamian realtor said there is no appetite for the private sector to start its own rent-to-own programme and developers would need “considerable capital overlay” for it to be successful and profitable.
RICK FOX: Bahamas and climate change at a crucial juncture
Half a century ago, the Bahamas took its first steps as an independent nation, vibrant with potential and promise. Today, however, we confront an existential crisis, brought on by global forces far beyond our control.
Expensive superstars
ActivTrades
Ticket business for the superstars in the entertainment industry is shared by a few providers worldwide. While the Live Nation group (LYV.US) with its subsidiary Ticketmaster dominates the business in the US, the German Eventim (EVD) is one of the leading international ticketing and live entertainment providers in Europe.
HUBERT EDWARDS – Reform Series: ‘Immigration’
Immigration reform stands as an urgent imperative for The Bahamas, a nation grappling with the complex challenges presented by both legal and illegal immigration. With a firm resolve, it is essential to address the pressing issues arising from the influx of undocumented migrants, particularly from neighboring countries like Haiti.
Atlantis braces for $14m hit from BPL’s fuel hike
Atlantis is predicting it will take a $14m hit this year from Bahamas Power & Light’s (BPL) hiked fuel charges but remains hopeful this will be minimised by higher visitor spend and room rates.
Boat registration fee hikes ‘not a tax grab’
The significant hikes in boat registration fees are not designed “as a tax grab”, the New Providence Port Authority’s chairman asserted yesterday, adding that the new regime will be a “game changer” for compliance and competitiveness.
North Andros hotel hopes for 85% regatta retention
A North Andros hotel yesterday voiced hope that “at least 85 percent” of visitors scheduled to attend this weekend’s postponed homecoming will still come out when it is held later this month.
Gov’ts ‘too lenient’ over tax-dodging supporters
Previous administrations have been “too lenient” on tax dodging supporters, a small business adviser has asserted, while warning: “The Government ain’t playing around no more.”
Brewery wins $1.156m Business Licence fight
Commonwealth Brewery says it has “successfully challenged” a $1.156m tax demand from the Government and is now awaiting the authorities’ next move.
Resorts enjoy mixed July 4 performance
The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday said industry bookings for the July 4 US Independence weekend were “very robust”, but Family Island properties did not fare so well.
HUBERT EDWARDS: Moving The Bahamas from ‘good’ to ‘great’ at 50 years
Some observers refer to The Bahamas as the “greatest little country in the world”. Others have used variations on this theme. An objective and honest assessment, taking into account all the circumstances facing The Bahamas, should readily lead to a conclusion that this is largely an aspirational statement. However, I believe there is no reason why this need remain so. From an economic and social development perspective, I am convinced The Bahamas has had, and continues to have, the potential to more significantly outpace others in the Caribbean and match much larger countries around the world stride for stride.
Atlantis shop steward’s firing incites protests
The hotel union’s president yesterday said he expects the “law to take its course” as a small group of workers protested at the Department of Labour against Atlantis’ decision to fire a shop steward.
$88,000 generator needed in North Andros
At the Prime Minister’s weekly press briefing yesterday, Deputy Press Secretary Keishla Adderley said the Water and Sewerage Corporation (WSC) has determined that a new generator at the cost of $88,000 is needed at the new wellfield site in North Andros.
