Religious tourism in 2,000 visitor boost
THE Bahamas’ religious tourism market will get a major boost this week with more than 2,000 members of the Progressive National Baptist Convention (PNBC) arriving in Nassau for their mid-winter board meeting.Travis Robinson, parliamentary secretary
MONEY MATTERS: Forget competition with the Joneses
THE surname most people probably know and remember is ‘The Joneses’. This is the family that everyone, anywhere is supposed to be competing with right now. The question that we really need to take a step back and ask, though, is who are the Joneses (
BISX to 'jump in' oncryptocurrency IPOs
The Bahamas International Securities Exchange (BISX) is preparing to “jump in” to initial coin offerings (ICOs) and cryptocurrency, having already been approached by players in this area.Keith Davies, the exchange’s chief executive, told Tribune Bu
'Victory for Bahamians': Realtor hails verdict against Schooner Bay
A local realtor has hailed his “victory for the Bahamian businessman”, after the Supreme Court rejected a foreign developer’s bid to bar him from operating at its multi-million dollar project.James Malcolm told Tribune Business that Justice Ian Winde
Gov't mulling VAT Tribunal expansion to cover all taxes
THE Government is mulling whether to expand the VAT Appeals Tribunal to cover all types of tax complaints, the Deputy Prime Minister pledging: “We don’t want to be unfair to anybody.”K P Turnquest, who is also minister of finance, told Tribune Busine
'Havoc': $125k tax bill for Long Island lot he didn't own
A senior realtor yesterday warned that real property tax billings are “causing havoc”, revealing how one client was hit with a $125,000 bill for a Long Island lot he did not even own.Mike Lightbourn, who heads the Bahamas Real Estate Association’s (B
Venture capital 'a joke' without private investors
PRIVATE investors must take the lead in Bahamian venture capital financing, the Central Bank’s governor describing their current participation in the sector as “a joke”. John Rolle argued that private investors, instead of the Government through the
ISLAND INSIGHTS: Exuma poised for greatness if we make 'stronger push'
EXUMA is slowly climbing its way up the ladder to becoming a leading centre of economic activity. Like most Family Islands it is faced with problems surrounding infrastructure development. However, this should not put a halt to its potential growth.
Minister: $14.5m store to boost consumer choice
A Cabinet Minister has praised AML Foods’ new $14.5 million Solomon’s Yamacraw store for increasing food retail competition in eastern New Providence.Ellsworth Johnson, minister of state for legal affairs, said the 38,000 square foot store would prov
Tribune Radio names new program director
BAHAMIAN DJ, Jamal ‘Mista Xcitement’ Rodgers, has officially settled into the role of program director for Tribune Radio Ltd, with responsibility for program and content on the company’s five radio stations.Tribune Radio’s chief operating officer, Ol
Governor: Commercial banks not job centres
COMMERCIAL banks should not be viewed as employment centres, the Central Bank’s governor instead arguing that the job creation focus must be placed on the international sector. John Rolle, addressing the Rotary Club of East Nassau, said Bahamas-based
Avoid 'creative destruction' for $1bn GDP expansion
The Bahamas could increase its annual GDP by up to $1 billion if it avoids becoming a “victim of creative destruction”, a well-known economic commentator argued yesterday. Dr Johnathan Rodgers warned Bahamians and the private sector not to “bury your
Seven-day Business Licence leaves firms 'on edge of our seats'
BAHAMIAN businesses were yesterday said to be “on the edge of our seats” over the Prime Minister’s pledge to approve and issue Business Licences within seven days.Edison Sumner, the Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) ch
Top attorney ‘dying’ to see Enterprises Act’s Immigration impact
A prominent attorney yesterday said she “loves the challenge” posed to the Immigration Department by the Commercial Enterprises Act, and is “dying” to see its impact.
Attorney to Central Bank: ‘Wake up and smell roses’
THE Central Bank’s exchange control department was yesterday urged to “wake up and smell the roses in 2018”, a top attorney suggesting it had yet to embrace liberalisation in practice.
