Gov’t ‘adds insult to injury’ with medical VAT reforms
Health insurers have yet to meet the Prime Minister over VAT reforms that threaten to increase medical bills and healthcare costs, with the Government yesterday accused of “adding insult to injury” for thousands of Bahamians.
Corporation’s ‘lifeline’ for tourism businesses
Throughout the Caribbean and in the many parts of the world where tourism reigns, tourism development organisations and agencies have reshaped the template for visitor experiences. The Bahamas’ own Tourism Development Corporation, in similar fashion, is poised to redefine how we deliver goods and services to the tens of millions of tourists who visit our shores annually.
Bahamian digital asset move drives job creation
The Bahamas’ entry into the digital assets space has created at least 30 jobs, and pumped over $5m into the economy, by attracting new broker/dealers and cryptocurrency exchanges to this nation, a financial provider says
DPM ‘not concerned’ on Fintech regulatory threat
The Deputy Prime Minister says The Bahamas is “not concerned” about the potential threat of increased international regulatory pressures and scrutiny due to the growth of its digital assets industry.
Gov’t drafting carbon credit exchange law
The Government is developing legislation to establish a carbon credit exchange in The Bahamas to further boost its ambitions to make this nation “a global centre” for the emerging industry.
One-third of dormant taxi plates ‘rescued’
One-third of the 90 dormant taxi plate holders have paid-off arrears owed to the Government within 48 hours of being warned they would otherwise lose these assets.
Cannabis advocate hails dual track legislation plan
A MEDICAL marijuana and industrial hemp advocate yesterday praised the Government for its dual track approach in seeking to legalise through upcoming legislation.
Capital backs Bahamas: ‘Get past’ 7.2m record
The Bahamas was yesterday urged to quickly “get past” pre-COVID’s record 7.2m visitor arrivals after this nation ranked among the top Caribbean destinations which tourism investment capital is most bullish on.
AG unveils ambition for ‘near shore Delaware’
Insolvency practitioners yesterday said the Attorney General’s ambition for The Bahamas to become “the near shore Delaware of corporate structuring” was both “achievable” and “appropriate” if the correct reforms are made.
AG hails ‘greatest ever Out Islands investment’
The Attorney General yesterday asserted that the Davis administration is making “the greatest investment in the Family Islands of the country that we have seen since independence”.
Real estate transition boost on VAT savings
Parties to real estate deals that are in process could enjoy tax savings worth five-figure sums if they close - and bring their documents forward for stamping - on or after July 1, it was revealed yesterday.
'TREASURE SHARE MUST FAVOUR US': Govt seeks to secure ‘majority’ of riches found by explorers
A multi-million underwater explorer yesterday said it will cease treasure salvaging in Bahamian waters immediately if the Government's plans to take a "majority" share of the financial rewards prove unworkable.
THE ART OF GRAPHIX: The right combination in recruitment battles
The battle between qualifications and experience has played out in the business arena for some time. I have met many persons who, with an immense amount of academic knowledge and qualifications, still struggle to secure employment. I am not sure if there is a clear answer to this age-old question, but there are good arguments on both sides.
‘Don’t derail tourism revival with higher electricity costs’
The Bahamian tourism industry yesterday warned it “can ill-afford to be derailed” from its post-COVID recovery by a hike in electricity prices which remain “pivotal” to the sector’s global competitiveness.
Crowdfunder aiming to be ‘next Bamboo Shack’
A Bahamian restaurant entrepreneur yesterday unveiled ambitions to become “the next Bamboo Shack” after raising almost one-third of his minimum $320,000 capital target within the first ten days.
