Digital assets industry 'a major opportunity' for the Bahamas
PRESS Secretary Clint Watson said the government is working with key stakeholders to ensure that Bahamians can benefit from the digital assets industry.
'Not feasible' to remove VAT on breadbasket items
ECONOMIC Affairs Minister Michael Halkitis maintained on Friday that removing value added tax on breadbasket items is not feasible at this time, noting the tax regime was a necessary initiative meant to reduce government borrowing and improve the nation’s overall “fiscal health.”
Former World leaders at crypto conference
At the FTX/Salt Cryptocurrency Conference at Baha Mar Convention Center on Thursday, on the second day featuring a financial panel presentation...
Marco Alert System 'Testing Phase' underway
The Royal Bahamas Police Force, in conjunction with its partners, officially began the “Testing Phase” of the Marco Alert System on Friday at 2pm.
First Pine Crest homes to be completed next month
THE first set of homes in the government’s affordable housing programme will be completed next month, according to Jobeth Coleby-Davis as she insisted the construction process aligned with the highest standards available.
‘Inflation is raising costs for helping the hungry’
A LOCAL feeding organisation says the current period of inflation as well as the reintroduction of value added tax on breadbasket items has increased its operational costs.
‘Progress being made’ in appointing first US ambassador since 2011
US Senator Christopher Dodd said he’s been told that officials are making progress to find a new US ambassador to The Bahamas, more than ten years after the last American ambassador stepped down.
Summit to discuss COVID and climate change
REGIONAL leaders are expected to discuss COVID-19’s impact, the effects of climate change as well as disaster preparedness at the ninth Summit of the Americas scheduled to be held in Los Angeles this summer.
Ingraham tours GB for book launch
FORMER Prime Minister Hubert Ingraham presented his new book to Grand Bahama school principals at the Sir Charles Hayward Library yesterday.
Murder in Grand Bahama takes year’s tally to 48
A MAN believed to be in his early 40s was shot and killed at his home in Grand Bahama early yesterday morning, pushing the country’s murder count to 48 so far for the year, according to this newspaper’s records.
PM: ‘We’re first to sell blue carbon credits’
PRIME Minister Philip “Brave” Davis has given a glimpse into what his administration’s plan for economic and climate resiliency for The Bahamas will look like amid an inflationary climate and a looming hurricane season.
‘I struggled with breadbasket VAT decision’
ENGLERSTON MP Glenys Hanna Martin admitted yesterday that she struggled with the Davis administration’s decision to return value added tax to breadbasket items, adding that she hoped all food items would be free of the tax one day.
MAN SHOT DEAD BY POLICE ‘FIRED FIRST’: Officers’ vehicle struck by bullets during gun battle
A MAN, who allegedly shot at police, was killed by officers on Antigua Street yesterday.
Two accused in cases of causing harm
TWO men were granted bail after being charged in Magistrate Court’s yesterday on separate charges of causing harm.
Man denies series of Paradise Island thefts
A MAN was charged in Magistrate’s Court yesterday in connection with a series of thefts on Paradise Island that included over $5,000 worth of smart TVs and almost $200 worth of alcohol.
