Liquor stores face DIR registration next month
Liquor stores will from September 1 have to register with the Department of Inland Revenue’s website as part of the Government’s crackdown on the sector’s over-saturation in inner-city Nassau.
Eleuthera resort closes eatery ‘to protect future’
An Eleuthera resort has blamed a downturn in business for the “tough decision” to close its restaurant and “furlough” impacted staff with effect from Monday, August 18.
Real estate VAT reforms must be ‘win-win’ result
The execution of real estate-related VAT reforms must create “a win-win situation” for both industry and government, it was argued yesterday, amid the ongoing wait for “important” implementation guidance.
Humane Society issues plea for support after break-in
BAHAMAS Humane Society president Kim Aranha issued an appeal for private sector and public donations after the charity was damaged during a robbery early Wednesday morning.
Businesses blame stopover drop for decline in income
THE owner of the Green Parrot restaurant has reported slow summer numbers - that he attributed to declining stopover visitor numbers.
BTC brings together key top-up partners
The Bahamas Telecommunications Company (BTC) brought together the vendors who facilitate top-up credit to its subscribers at the carrier’s first-ever Merchant Mixer.
Bristol Group in water distribution team-up
The Bristol Group has partnered with a Florida-based firm to distribute the Tropical Water brand in The Bahamas.
Support from industry for contractor board
MEMBERS of the construction industry have hailed the prospect of the formation of a Construction Contractor’s Board, saying it is needed and will offer protection to both those in the field and clients.
NHI: 84% patient visit rise renews funding concerns
National Health Insurance (NHI) needs “a significant increase” in funding to “sustain the quality of care” after patient visits to doctors and other providers increased by 84 percent in just two years.
Central Bank ‘monitoring’ situation with Island Pay
The Central Bank’s governor yesterday confirmed the regulator is “monitoring matters” at a Bahamian digital payments provider subject to client complaints about delays in having their money refunded.
BTC urges URCA: ‘Make it easy’ for new network
The Bahamas Telecommunications Company (BTC) yesterday asserted it will move “as fast as regulators allow” in rolling out the new network technology that its top executive branded as “a huge deal”.
PM denies own Budget speech on surplus miss
The Prime Minister last vehemently denied projecting a $135.4m fiscal surplus for April even though this forecast is detailed in his written 2025-2026 Budget communication.
CFAL eyeing $100m target for new fund
A Bahamian investment house yesterday said it “exceeded” the $20m target for its new private equity fund’s first capital raise as it unveiled ambitions to expand to $100m in assets long-term.
Technology winners will possess strongest values
In an age where a single tweet can reshape public opinion, and data breaches can cripple entire industries, the way businesses behave is under a greater spotlight than ever before.
National laboratory is on schedule for end of year
Work on the new National Reference Laboratory is ahead of schedule at 55 percent, and has an expected completion timeline of the end of the year, say government officials.
