‘Getting over the hump of becoming rich quick’
A new co-working space for digital entrepreneurs is launching months ahead of schedule at the former Luciano’s restaurant on East Bay Street, its chief executive said yesterday.
Bill will place maritime sector on ‘cutting edge’
A Cabinet minister yesterday said the upgraded Merchant Shipping Bill will enable The Bahamas to better fulfill its international obligations in a maritime sector vital to the country’s economy.
IMF to Bahamas: ‘Pre-empt’ on corporate income taxes
The Bahamas has been urged by the International Monetary Fund (IMF) to “pre-empt” global tax pressures by imposing a corporate income tax designed to suit its own purposes.
Cruise port’s $25m IPO ‘not for the quick buck’
Bahamians were yesterday told the $25m initial public offering (IPO) of a 49 percent stake in Nassau Cruise Port’s operator is “not for someone looking to make a quick buck”.
Cable loses challenge to Brave ‘ad’ blocking
Cable Bahamas’ legal challenge to a regulatory decision forbidding it to broadcast an advertisement that allegedly defamed the Prime Minister was this week dismissed by the Supreme Court.
‘No luxury brands’ for cruise port’s offering
Nassau Cruise Port’s operator yesterday said it continues to target a $400m increase in annual passenger spend while making its retail and food offerings stand out from the crowd.
Nassau ‘leads Americas’ on cruise ship port visits
Nassau Cruise Port is handling “more cruise ships than any port in the Americas”, its chief executive said yesterday, adding that “we’re well on our way to climbing out” of COVID’s devastation.
Almost 4,000 collected NIB benefits while still working
A Cabinet minister yesterday said he has been informed that almost 4,000 persons were illegally collecting jobless benefits during COVID-19 while still employed
‘No decision’ on tighter COVID-19 restrictions
A Cabinet minister yesterday said “no decision” has been taken on imposing tighter COVID-19 travel restrictions ahead of the Christmas/New Year holiday peak period for tourism.
‘Action now’ on Dorian tax breaks extension
Abaco’s Chamber of Commerce president yesterday reiterated that residents need “action now” over the extension of Hurricane Dorian-related tax breaks and other relief.
Gov’ts 3% growth target below UoB ‘health’ goal
A Cabinet minister yesterday said the Government is targeting a five-year average growth rate that falls short of that recommended to restore The Bahamas to economic and fiscal “health”.
IMF: 12% VAT rate ‘lowest in Caribbean’
The Bahamas’ soon-to-be-repealed 12 percent VAT rate was branded “the lowest in the Caribbean” by the International Monetary Fund (IMF) in its much-debated report to the Government.
‘Rid yourselves of negative thoughts’ on $200m project
Bahamians were yesterday urged to “rid themselves of any negative thoughts” as to whether the latest $200m effort to revive the Cotton Bay Club is for real.
Minnis: Give PI investor ‘all the help’ necessary
The former prime minister urged his investments chief to give a Bahamian entrepreneur “all the assistance necessary” to ensure his success only to snub him 12 months later for Royal Caribbean.
Tourism’s fears ‘knee jerk’ COVID reaction
The Government was yesterday urged to avoid “knee jerk reactions” to new COVID variants as hotels voiced fears that “across-the-board” PCR testing could undermine their Christmas trade.
