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Road expansions 'a huge difference' for commerce

The road expansion package unveiled by the prime minister will “make a huge difference” to commerce and Bahamians’ “mental well-being”, a Cabinet minister said yesterday.

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Baha Mar expands with Sugar Factory

Baha Mar yesterday revealed it is expanding its culinary offerings with the opening of Sugar Factory, the American eatery and confectionary shop, in spring 2020.

Retiring Caribbean Court judge joins Lennox Paton

A retiring Caribbean Court of Justice (CCJ) judge is joining a Bahamian law firm’s Nassau office as a consultant from September 2019 onwards.

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Govt will 'explore options' if web shop tax talks fail

A Cabinet minister yesterday confirmed the government will “explore its options” if it is unable to persuade the four web shop hold-outs to pay due taxes via negotiation.

Bahamian provider sponsors summit

Bahamas-based Cloud Carib sponsored this month’s three-day Caribbean Telecommunications Union (CTU) conference in Port of Spain to reinforce its emergence as a regional player.

Bahamian firm sets up captive affiliate

Nichol & Co, an actuarial and risk consulting firm, yesterday announced the opening of a Bahamian subsidiary focused on providing captive insurance services.

Conference highlights key Bahamas products

The recent Society of Trust and Estate Practitioners (STEP) Caribbean conference allowed The Bahamas to spotlight the products that “set us apart from other financial centres”.

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Web shop hold-outs told: 'Don't hide behind lawyers'

A Cabinet minister yesterday reiterated calls for web shop hold-outs to “stop hiding behind the lawyers” and pay millions in taxes due under the industry’s settlement with the government.

Developer's 'final chance' on disputed $944k deal

An Exuma developer has been given “one final chance” by the Court of Appeal to produce the subdivision approval necessary to resolve a disputed $944,192 real estate deal.

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BPL eyes 'two for price of one' over renewables

Bahamas Power & Light’s (BPL) Board will meet today to discuss the timeline for rolling-out utility-scale renewable generation across the Family Islands as it targets “two for the price of one”.

'Don't step over dollars for nickels'

THE government was yesterday warned against any major boating fee increases in next week’s budget, a top marina executive yesterday warning: “We can’t just step over dollars to pick up nickels”.

Minister pledges 'transformative next six months'

A Cabinet minister yesterday said “the next six months will be very transformative for the Bahamian economy” with decisions awaited on several multi-million dollar tourism investments.

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$160k funding sends shiver up the spine

A Bahamian sorbet and ice cream brand has accessed more than $160,000 in financing with help from the Small Business Development Centre (SBDC).

Central Bank partners with industry on finance literacy

The Central Bank of The Bahamas has teamed with the Clearing Banks Association (CBA) to host the first Financial Literacy Fair this coming Saturday at the Fusion Superplex.

Bahamas 'one storm away' from Puerto Rico disaster

Bahamas Power & Light’s (BPL) ongoing challenges mean this nation could be “one storm away” from a Puerto Rico-like disaster, a Chamber of Commerce executive warned yesterday.