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San Salvador businessman beating COVID economic slump

A San Salvador businessman is beating COVID-19 economic slump with the Small Business Development Centre (SBDC) $20,000 funding he received in 2019.

Fiscal snapshot: $33m revenue increase over 12 months

THE Ministry of Finance yesterday released its fiscal snapshot that showed a $33m increase in revenue over 12 months as the economy continues to rebound.

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Foot Care Rx surpasses minimum goal

AN ArawakX crowdfunded company has surpassed its minimum goal by 16 percent in less than a week.

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Farmers and fishermen bank being considered by ADO chairman

THE chairman of the Agricultural Development Organisation is considering starting a bank this year, particularly for farmers and fishermen.

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HUBERT EDWARDS: The future of debt

AS well thinking individuals, we are routing for the success of the country.

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What’s it all worth? We still don’t know

The curator of the new Bahamas Maritime Museum says the government - through the Antiquities Monuments & Museums Corporation (AMMC) - have their portion of Spanish treasure found off the coast of Grand Bahama.

Tripartite to provide aquaponics training on Abaco

A Tripartite agricultural partnership led by the Volcani International Partnership (VIP) is providing training in aquaponics on Abaco for food sustainability for the entire country says its programme director.

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Non-profit ‘tired of the run around’ from local commercial banks

The Governor of the Central Bank said there is a “minimum standard” for financial institutions for issuing bank accounts for non-profit organisations.

BCCEC Business breakfasts are back

After a two-year hiatus, Bahamas Chamber of Commerce & Employers Confederation will relaunch the ‘Power Breakfast’ series.

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Crisis - what crisis?

ActivTrades

Who is talking about a crisis and recession? In the US, inflation was last at 9.1 percent, economic output shrank in the first half of the year - but the labour market is booming. Even experts are surprised.

Tourism deputy:Tourism ‘turning in the right direction’

Tourism is “turning in the right direction” with air arrivals at 85 percent of pre-pandemic levels.

$170m Exuma project targets up to 300 jobs

A $170m investment targeted at Exuma’s southern tip is pledging to create up to 300 full-time jobs - plus several hundred construction posts - via the phased build-out of a mixed-use resort and residential project.

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Parliament’s IBC error key in Bacardi rum fortune fight

The now-former chief justice has ordered that a Bahamian International Business Company (IBC) be resurrected from its dissolution more than 17 years ago to rescue multi-billion dollar litigation involving the Bacardi rum fortune.

Gas station tax relief is ‘the right approach’

The Prime Minister’s hint that the Government is mulling lower taxation for gas station operators was yesterday branded the “right approach” even though margin increases may not be considered.

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BTC not at Liberty’s top as revenue rise flattens

The Bahamas Telecommunications Company (BTC) was not among its ultimate parent’s best Caribbean performers during the 2022 second quarter as revenues flat-lined against prior year comparatives.