Govt urged to ‘strike health visa ‘balance’
A leading Bahamian aviation operator yesterday urged the government to “strike a balance” between demanding health travel visas from Bahamians while exempting foreigners from this requirement.
BREA chief: Govt must get subdivision correct
The Bahamas Real Estate Association’s (BREA) president yesterday said it was better for the government’s Prospect Ridge housing development be be done properly rather than put deadlines on it.
Independence sales ‘picking up steadily’
Retailers yesterday said sales are “picking up steady” for this weekend’s Independence Day celebrations following a 2020 when COVID restrictions meant celebrations were far more muted.
$50m record inflow ‘excellent problem’
An investment banking chief yesterday said record capital inflows of more than $50m received by his institution during 2021’s first four months have created “an excellent problem” it must now solve.
Kanoo eyes Caribbean expansion in six months
The Bahamian digital payments provider at the centre of the health travel visa controversy says it expects to gain permission to launch in two other Caribbean territories within the next six months.
Doctors in $7.747m COVID testing boost
Doctors Hospital enjoyed a $7.747m revenue boost as a result of administering more than 100,000 COVID-19 tests during the ten months to end-January 2021, it has been revealed.
‘UNIONS ACTING UP OF LITTLE CONCERN’: Labour chief dismisses sabre rattling as part of pre-election season
The Government’s top labour official yesterday reassured that workplace unrest “ain’t as serious as it appears”, and added: “This is the culture of trade unions in The Bahamas.”
Home porting cruise line to bring 16,500 guests
The second cruise line to begin home porting in The Bahamas will bring 16,500 total passengers to this nation over the four months to end-November 2021, a Cabinet minister has disclosed.
Doctors gains $5m IDB COVID loan
Doctors Hospital has received a $5m loan from an Inter-American Development Bank (IDB) affiliate to support its working capital needs and meet the “evolving” demands imposed by COVID-19.
Marinas chief: July 4 ‘as strong as 2019’
Bahamian marinas enjoyed a US Independence holiday weekend that “was as strong as 2019”, Tribune Business was told yesterday, with the industry’s mid-market returning following a year-long absence.
Five tax exemptions added to govt portal
The government has announced the addition of five tax exemption and incentive applications to the menu of services available through its MyGateway.gov.bs online portal.
QC: Visa concern ‘not about Kanoo’
A prominent QC has told a Bahamian digital payments provider that “it’s not about you” when it comes to concerns over the need for the COVID health travel visa and it acting as another tax on Bahamians.
Merchants ready reporting for VAT hurricane holiday
Building materials suppliers and the Ministry of Finance met virtually on Friday to organise the sector’s VAT reporting during the three-week hurricane preparedness tax holiday that begins on July 9.
The unlikely journey of gold
ActivTrades
EXCLUDING perhaps the collision of two neutron stars, supernovae are the most dramatic events in the universe’s vast menu of wonders; a cosmic fireworks show that occurs when stars reach the end of their lives by exploding. Such bursts last less than two minutes and can outshine entire galaxies, generating more energy than the sun will do during its entire lifetime.
Kanoo: Attacks on us threaten Sand Dollar
A Bahamian digital payments provider yesterday argued that “reckless” attacks on it were threatening to undermine efforts to make The Bahamas a world leader in Central Bank-backed digital currencies.
