Central Bank: Less Govt leanding to slash liquidity
THE Central Bank will gradually reduce its lending to the Government to help address the potential risk posed by $1.737bn in excess commercial bank liquidity, its governor has revealed.
BTC unions meet with PM's office
Both Bahamas Telecommunications Company (BTC) trade unions yesterday met the parliamentary secretary in the Prime Minister’s Office to discuss their challenges.
IAN FERGUSON: The benefits from an early retirement
Millions of people across the world are voluntarily deciding to retire early.
Family Islands enjoy ‘whopping’ 20% rise
The Ministry of Tourism believes its strategy of marketing The Bahamas as a 16-island destination helped spur a "whopping" 20 percent increase in Family Island visitors through August 2018.
Bahamas ‘sitting ducks’ over cyber vulnerability
Cyber-security awareness in The Bahamas is almost non-existent, a technology entrepreneur has lamented, warning: “We are sitting ducks in this country.”
Hotels report ‘very positive business’
BAHA Mar’s forward bookings for the 2018-2019 winter season were described yesterday as “very positive” and “much better than last year”.
Deficit overshoots DPM’s final prediction by $105m
The Government’s 2017-2018 fiscal deficit overshot the deputy prime minister’s year-end forecast by $105m due to a late spending “ramp up”, a top official admitted yesterday.
Govt pledges no more VAT hikes before election
The Government yesterday pledged there will be no further value-added tax (VAT) hikes before the next election, with the 12 percent rate deemed sufficient to achieve its revenue goals.
Govt not adjusting web shop revenue forecasts
The Government has refused to adjust its gaming revenue projections despite the web shop industry’s legal challenge to the increased taxation, arguing that its case is “on solid ground”.
‘A sea change’ for fiscal accountability
The first-ever fiscal strategy report was yesterday branded “a sea change” that will hold current and future administrations to account for their stewardship of The Bahamas’ finances.
New pilot licensing set for early 2019 in hacker attack
Aviation regulators will roll-out new pilot licensing requirements in the 2019 first quarter, its top executive revealing that a crack down on illegal charter operations is now a “matter of urgency”.
Tourism’s renewed focus on Atlanta travel market
US travel professionals were treated to the sights and sounds of Junkanoo as the Bahamas Tourist Office in Atlanta moved to generate increased business from the area.
ART OF GRAPHIX: Designing the full product package
Labels are the most important part of a product package. Indeed, it is not an exaggeration to say “labels are the heart and soul of a product package”, especially when the product is a food item, medicine, machinery or a chemical product.
National growth ‘remarkable’ coming from 18% of income
The Bahamas has achieved “remarkable national development” that has been financed with just 18 percent of national income, an ex-finance minister and Central Bank governor says.
Morton details ‘contingencies’ following union’s strike vote
MORTON Salt (Bahamas) yesterday said it has “well-defined contingency plans” to cope with any industrial action after unionised line staff voted overwhelmingly in favour of a strike.
