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.
Opponents fear ‘door’s left open’ on oil licences
Oil exploration opponents yesterday voiced fears that a Cabinet minister’s statement on outstanding fees “leaves the door open” for licence renewals if these sums are paid.
Bahamas can’t ‘sideline itself’ over tax reforms
The Bahamas cannot afford to “sideline itself” by remaining aloof from international tax reform agreements, a prominent banker argued yesterday.
Crystal cancels Bimini call over COVID spike
Crystal Cruises yesterday cancelled its July 4 inaugural home porting call to Bimini out of “an abundance of caution” as the government imposed a series of restrictions to contain the latest COVID case spike.
Kanoo chairman: ‘We have nothing to hide’
A Bahamian digital payments provider yesterday hit back at mounting attacks on its business by asserting that all contracts were won “above board”, it’s chairman adding: “I have absolutely nothing to hide”.
Freeport’s Customs crash ‘longest it has ever been’
A Grand Bahama businessman yesterday said he had only suffered a “minor inconvenience” as a result of Customs’ systems being down for the past ten days.
Family council vital to business succession
Cable Bahamas’ chief executive says establishing a family council is critical for seamless succession planning in family-owned businesses where communication among all members is key.
Freeport escapes next ‘nail in coffin’
Freeport yesterday escaped “another nail in the coffin” after private sector lobbying persuaded the government to delay implementation of Customs’ new system until September 2021 at earliest.
Sebas blocked over Sun Cash takeover
Sebas Bastian’s investment house yesterday saw its bid to seize control of a Bahamian digital payments provider blocked by the Supreme Court.
Cross-border commerce ‘back to prehistoric times’
Freeport’s cross-border commerce was yesterday said to have been sent “back to prehistoric times” as a result of Customs’ electronic system for clearing goods being down for ten successive days.
