Flexibility for business licences
The government yesterday inserted flexibility into the Business Licence regime by allowing companies to pick which quarter they file their returns and pay the fee.
Ex-trade chief: Stop WTO 'total disaster'
A former trade minister last night warned it will be a “total disaster” if The Bahamas joins the WTO, as he challenged the government to identify “the benefits for Bahamians”.
Tourism concern on BPL's Bimini blaze
BIMINI homeowners yesterday warned Bahamas Power & Light (BPL) has a “ten-day window” to fully restore the island’s generation capacity before the high tourism season kicks in again.
Bahamas' corporate tax world's most 'corrosive'
The Bahamas yesterday received no credit for laws said to have raised compliance costs by 75-80 percent after its corporate tax policies were rated as the world’s most “corrosive”.
Privy Council appeal on industrial deal 'paralysis'
A trade union leader yesterday said “within 14 days” he will seek a Privy Council hearing on a ruling that threatens to “paralyse” industrial agreements and undermine worker protections.
Exuma school gains $163k via small business centre
Exuma’s second private school has obtained $163,000 in financing through the Small Business Development Centre’s (SBDC) Access Accelerator initiative.
Minister: Don't get hotel union upset
The Minister of Tourism yesterday urged the hotel union to step back from the “nuclear option” of a strike that would be devastating for The Bahamas’ largest industry and wider economy.
Auto dealers hope for budget change
Auto dealers yesterday voiced cautious optimism that the government may today unveil budget changes allowing more models to qualify for the lowest duty threshold.
Bank to redeem $81.5m preferred shares in 2019
Commonwealth Bank is aiming to redeem all its outstanding $81.5m preference share capital before year-end 2019 in a bid to “maximise returns” for equity investors.
Bahamas can't be 'last of the Mohicans' on tax
The Bahamas must avoid becoming “the Last of the Mohicans” by ensuring foreign companies actually “benefit from paying taxes” here, a top accountant is arguing.
'Abandon' $580m project's location, developer is told
A fisheries group is urging the developers behind the $580m South Abaco mixed-use resort project to “abandon” that location amid fears of “detrimental effects for the entire country”.
Condos increasingly popular with retirees
A Bahamian real estate firm says condominiums are becoming popular with retirees seeking to downsize in a way that maximises both retirement income and quality of life.
Opposition urges: "Give workers piece of the pie"
The government’s political opponents yesterday said they were “very taken aback” over the state of hotel industry industrial relations, adding: “The workers need to get their piece of the pie.”
Union chief's work return key to Water Corp solution
The government’s top labour official yesterday said the Water & Sewerage Corporation’s (WSC) line staff union appears to be on track to resolving its grievances with executive management.
Union boss warns of 'industrial mayhem'
A trade union leader yesterday warned that industrial “mayhem” via a general strike will result unless employers stop attacking worker rights that have taken decades to build.
