$50m tax plug to be ‘data treasure chest’
The Bahamas will “capture a treasure chest of data” to help expand its boating market and plug up to $50m in annual revenue leaks via an online portal developed by a private sector joint venture.
Lumber’s 30% jump ‘no reason for panic’
Building materials suppliers yesterday urged Bahamians not to panic over the 30 percent increase in lumber prices since the start of the COVID-19 pandemic.
GBPA chair: Airport sale close 'imminent'
The Grand Bahama Port Authority's (GBPA) acting chairman has confirmed that the Government's acquisition of Grand Bahama International Airport is “Imminent".
Minister: Sandals return not 'economically feasible'
A Cabinet minister yesterday said Sandals Royal Bahamian's re-opening had been further delayed to May 1 because forecast occupancy levels were not "economically feasible”.
Bahamas low COVID rates warrant US warning easing
A Cabinet minister yesterday argued that The Bahamas' relatively low COVID-19 infection numbers warrant a further easing of health-related travel warnings by the US authorities.
Bahamas a 'trailblazer' for workplace relations
The Bahamas is “trailblazing”, and "setting the pace for the Caribbean" in workplace relations, by moving to the next stage in the International Labour Organisation’s (ILO) decent work initiative.
Govt eyes energy, food security funds
THE government is mulling whether to create “sector specific funds” to finance areas such as renewable energy and food security as it bids to close a $2bn-plus infrastructure gap.
Property tax amnesty ‘rewards delinquents’
Realtors yesterday give a mixed reaction to the government’s latest real property tax amnesty, acknowledging that it is rewarding delinquent taxpayers amid the “desperate” hunt for revenues.
Oil opponents ‘won’t be priced out’ over $200k costs award
Oil exploration opponents yesterday pledged they will “not be priced out of justice” after the Supreme Court ordered them to find $200,000 to cover Bahamas Petroleum Company’s (BPC) “security for costs”.
‘Two-decade fast track fight’ at end
Architects yesterday voiced cautious optimism that their “two-decade fight” for fast-track building permit approvals may have a successful end after the prime minister pledged: “It’s a matter of when.”
Baha Mar in 100 new terminations
Baha Mar last night confirmed it has terminated another 100 staff as it prepares to re-open its high-end Rosewood and SLS resort properties in just two days' time.
PM pledges affordable housing discounts
The Prime Minister yesterday pledged that the provision of affordable, quality housing for Bahamians via private sector partnerships will be a key priority if his party is returned to government.
PM pledges affordable housing discounts
The Prime Minister yesterday pledged that the provision of affordable, quality housing for Bahamians via private sector partnerships will be a key priority if his party is returned to government.
PM: $20m 'pipeline' of local investments
The Government-sponsored venture capital fund is expected to create 130 local jobs via $1.5m in combined equity financing that has been injected into seven Bahamian businesses.
Doctors’ GB plans gain $13.5m boost
Doctors Hospital’s president last night said a $13.5m Canadian investment will accelerate the launch of a Grand Bahama care facility “comparable to our New Providence” assets by 2022.
