Nassau property tax crackdown eyes $21m
The government is targeting a minimum $21m in extra annual revenue through a “world class” real property tax system that captures every home and commercial building on New Providence.
Nassau/PI resort room revenue up 37% in Q1
All performance indicators for major Nassau/Paradise Island hotels increased by double digit amounts every month in the 2019 first quarter, with room revenues ending the period up 37 percent.
Super Value chief: ‘cut our own path’ outside the WTO
Super Value’s owner yesterday said he still believes The Bahamas should “cut its own path” despite trade experts finding it would be “moderately positive” to join the WTO.
ART OF GRAPHIX: Software no substitute for photography skills
In today’s highly competitive marketplace, the role of digital photographs is critical to the marketing success of any business. Properly edited photographs and images convey a company’s message in the best possible manner, which is why photo editing an essential part of any marketing, communications or branding activity.
Sports Illustrated exposes Bahamas to 70m readers
The Bahamas will be showcased to more than 70m consumers by the annual Sports Illustrated Swimsuit (SI) edition that was released yesterday.
BICA chief: Don’t fear competition under WTO
The Bahamas must not fear competition in a post-WTO environment, a top accountant argued yesterday, as it now has an “issues checklist” to help prepare itself.
Post Office relocation to complete next week
The General Post Office will open at its new Town Centre Mall location next week, Tribune Business was told yesterday, as staff complete the move from East Hill Street.
Govt investment control ‘will not fly’ under WTO
The Bahamas may have to release the government’s stranglehold over the foreign investment approvals process in return for higher tariffs that protect domestic producers under WTO.
Don't be frightened off WTO reform package
The Bahamas must not allow "vested interests and nationalism" to deter it from breaking out of decade-long "stagnation" via broad-based economic reform, a trade expert urged yesterday.
‘Manageable’: WTO revenue loss pegged at $110m-$130m
Revenue losses from WTO-related import tariff cuts are “manageable”, a Chamber of Commerce-commissioned study revealed yesterday, standing at between $110m-$130m per year.
Manufacturers’ 100% tariffs are WTO ‘non-starter’
The push by Bahamian manufacturers’ to raise protectionist tariffs to up to 100 percent before these rates become binding is a “non-starter” with the WTO, a trade expert warned yesterday.
‘Trade imbalances’ may require fixed exchange review
Widening “trade imbalances” may require The Bahamas to assess the merits of the fixed exchange rate that underpins the one:one US dollar peg post-WTO, a study suggested yesterday.
Car rental start-up’s $200k capital boost
An electric car rental start-up has attracted $200,000 in financial backing with help from the Access Accelerator Small Business Development Centre (SBDC).
EY summit focuses on financial crime battle
The EY Bahamas accounting firm last week hosted its inaugural seminar on strategies for combating financial crime.
Enact Contractors Act pre-WTO, expert urges
A trade expert yesterday backed local calls for the Construction Contractors Bill to be implemented in time for The Bahamas’ accession to full World Trade Organisation (WTO) membership.
