Resort ‘hitting all targets’ with 95% of condos sold
The Goldwynn resort’s developer says its condominiums are 95 percent sold with the property “hitting all of its targets” ahead of what is predicted to be a strong 2024.
Large taxpayers promised ‘crème de la crème’ service
The Government’s senior revenue official has pledged that large companies will receive “crème de la crème” service when the Large Taxpayer Unit is launched next month.
Foreign vacation rentals face rising tax compliance burden
Foreign vacation rental owners face an increasing tax compliance burden with the Government handing them the responsibility of ensuring VAT is both levied on the rental income and paid to the Public Treasury.
Farmer expands with fresh produce market
A Bahamian farmer is expanding by launching a fresh produce market that he aims to have ready within the next three months.
Oil pollution ‘unfortunate’ says GB Chamber chief
The Grand Bahama Chamber of Commerce’s president has branded recent oil pollution impacting the island as “unfortunate” and says “combined efforts” from all stakeholders are needed to protect both the environment and economy.
'Unfulfilled dreams': Bahamians face five-year housing disparity
Housing demand by Bahamians will exceed the supply of new homes for at least "the next five years", a realtor warned yesterday, thereby threatening to leave multiple families with "unfulfilled dreams" of ownership.
Zero first-half progress on $16.4m Water Corp debts
The Government was yesterday shown to have made zero progress during the 2023 first half in reducing the Water & Sewerage Corporation's $16.4m debt to its main BISX-listed reverse osmosis supplier.
Blacklist escape 'very big deal' for insurance
The Bahamas Insurance Association's (BIA) chairman yesterday said it will be a “very big deal" for the industry and its clients if The Bahamas remains blacklisted by the European Union (EU) beyond October.
Fraud allegations hit trucking chief's estate
Fraud allegations have ensnared the estate of a former Independent Truckers Association chairman over the true ownership of two heavy equipment vehicles.
Year-round real estate: July 'best month' by 30%
Realtors yesterday asserted the Bahamian property market has joined tourism in becoming a year-round industry with one revealing that July exceeded all other months "by at least 30 percent" as the strongest for contract signings.
IAN FERGUSON: Private sector must help to improve food security
Food security and sustained agricultural production are ongoing conversations that developing countries are having more frequently as we face the mounting challenges of war, drought and famine. The Bahamas, given its vulnerable position as an estimated $1bn per year food importer, must seriously engage in this conversation.
Ex-MP denies BPL protest is 'political'
A former FNM MP for North Andros yesterday denied that Wednesday's protest over Bahamas Power & Light's (BPL) woes was political, asserting: "I live here too."
Ex-DPM: ‘Disgraceful’ failure to improve BPL
The Government was yesterday accused of a “disgraceful” failure to build on prior upgrades at Bahamas Power & Light (BPL) with an ex-deputy prime minister asserting he will “fully defend” what was done under his oversight.
FTX consumes 21% of Commission costs
FTX’s implosion consumed 21 percent of the Securities Commission’s near-$15m operating expenses last year as it raced to preserve client assets and tackle the legal and regulatory fall-out.
Developer sparks ‘500 leads’ with community’s sales start
A Bahamian developer yesterday disclosed it has generated “well over 500 verified leads” for potential purchasers in its south-western New Providence community just over a week after launching its sales drive.
