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.
WTO ‘no cure’ for structural woes
Full World Trade Organisation (WTO) membership is not a “silver bullet” to cure all the Bahamian economy’s structural problems, trade experts warned yesterday.
$500m WTO ‘shortfall’ pressure for US$ peg
The Bahamas’ one:one US dollar peg may face growing pressure from an annual $100m external reserves “shortfall” sparked by widening WTO-induced trade deficits, a study will warn today.
Union chief: ‘Compromise failure’ hurts labour talks
A veteran trade union leader yesterday said the failure “to understand what compromise means in The Bahamas” had produced bitter industrial disputes that undermined the national interest.
Bahamas First chief ‘very confident’ over VAT deal
Bahamas First’s top executive is “very confident” the government and general insurers will reach “a mutually beneficial resolution” to end the uncertainty over VAT recoveries on claims payouts.
