IAN FERGUSON: Putting multiple jobs under the 'moonlight'
“Moonlighting” has become a mainstay for many Bahamian workers, who enjoy the benefits of receiving two or three salaries at any given time. With all the talk about multiple streams of income, the increase in taxation and the mounting pressure to ear
Business easier in Gaza than Bahamas
The deputy prime minister yesterday pledged “drastic improvement” after the World Bank concluded it was easier to do business in the war-torn West Bank and Gaza Strip than The Bahamas.KP Turnquest, pictured, told Tribune Business that planned reforms
Over 25% of BOB's loans still delinquent
More than one-quarter of the Bank of The Bahamas net loan portfolio was delinquent at end-June 2018 despite the prior year’s bail-out, with its financials unable to escape a “going concern” warning.KPMG, the BISX-listed institution’s external auditor
Insurers: NHI's $1k cost a 'gross underestimate'
Bahamian insurers yesterday warned that the $1,000 annual premium for National Health Insurance’s (NHI) basic package may “grossly underestimate” the true cost of the scheme’s benefits.The Bahamas Insurance Association (BIA), releasing the industry’s
Chamber chief: World Bank ignored 'ease of business' upgrades
The Chamber of Commerce’s chairman yesterday said he was “personally frustrated” that the World Bank had ignored evidence of improvements in The Bahamas’ cross-border trade regime.Michael Maura, pictured, saying he was “disappointed” that much “real
Insurers: NHI launch deadline 'not feasible'
Bahamian insurers yesterday warned that the Government’s April-July 2019 target for launching National Health Insurance’s (NHI) basic care package “is unrealistic and not feasible”.The Bahamas Insurance Association (BIA), unveiling its “position pape
Bahamas First acquires two more agent/brokers
Bahamas First yesterday signalled the continuation of its long-running expansion strategy by confirming the acquisition of two more agent/broker portfolios.The property and casualty insurer, in a statement, disclosed that it has reached an agreement
Bahamian marinas in membership deal
The Association of Bahamas Marinas (ABM) has unveiled an initiative to drive increased boating traffic to this nation through the provision of exclusive benefits.In partnership with Marinalife it has launched Voyager, a membership programme that offe
ART OF GRAPHIX: Night owls get more done
Ever noticed that most freelance web and graphic designers have this uncanny habit of being nocturnal? What is it in the night that makes us work more? From my experience, I am more focused at night and tend to get more covered during this time. Duri
Carnival seeks 65 Bahamian workers
The Government teamed with Carnival to stage a recent recruitment fair that aimed to fill 65 jobs at the cruise line with Bahamian workers.The Ministry of Labour, continuing its drive to find employment in the maritime industry for Bahamians, teamed
Ex-landfill manager faces $5m judgment
The New Providence landfill’s former manager is facing a $5m-plus summary judgment bid against it as the long-running fall-out from its controversial exit continues for multiple creditors.Attorneys for Massachusetts-based American Paper Recycling yes
Bran: Alternatives needed to 'crushed' financial services
The Bahamas was yesterday urged to explore alternative industries to its “crushed” financial services sector, the DNA’s former leader warning: “Let’s not fool ourselves.”Branville McCartney told Tribune Business that this nation was “complying itself
'Skeletons in closet' fear on fiscal report
Governance reformers yesterday expressed fears that the Government’s finances may still contain “skeletons in the closet” because of its continued reliance on cash-based accounting.Robert Myers, the Organisation for Responsible Governance’s (ORG) pri
DPM: Full VAT impact may not be till new year
The Government “may be a little behind” its 2018-2019 fiscal projections, it was revealed yesterday, with the full VAT rate hike impact not felt until the New Year.KP Turnquest, pictured, deputy prime minister, told Tribune Business that the Ministry
National debt grows $137m
The Bahamas’ national debt increased by $136.5m during the 2018-2019 fiscal year’s first quarter, taking the total sum owed by this nation to around the $8bn mark. The Ministry of Finance’s “snapshot” report, its first effort at quarterly financial r
