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'Increase minimum wage before VAT'
FNM Shadow minister for Finance Peter Turnquest yesterday said it was critical for the government to address minimum wage concerns before the implementation of Value Added Tax (VAT).
Contractor: BAMSI work 80% complete
A CONTRACTOR for the government’s new agriculture and marine science school yesterday fired back at criticism over the institute’s construction schedule.
Tax credits 'much simpler' than Gov't virtual warehouse
A Tax Coalition co-chair believes ‘tax credits’ would be a “much simpler” system to ease the Value-Added Tax (VAT) transition than the Government’s proposed ‘virtual warehouses’, and called for the ‘bonded period’ to be longer than two months.
Chamber chief: BEC generation winner has to match our findings
The winning generation bidder on the Bahamas Electricity Corporation (BEC) restructuring must supply power at $0.22 kilowatts per hour or less, a private sector body is urging, while again slamming the process’s “secretive” nature.
Gov't developing 'virtual warehouses' for VAT transition
The Government is developing a ‘virtual bonded warehouse’ concept to ease the Value-Added Tax (VAT) transition for businesses with large physical goods inventories, with private sector leaders yesterday urging “some give and take” from both sides.
Halkitis to lead Abaco Outlook speaker roster
A Cabinet minister will deliver the main address to this year’s Abaco Business Outlook conference, which will be held on September 24 at the Great Abaco Beach Resor.
'Las Vegas has nothing on us'
The long-awaited Gaming Bill will transform the Bahamas into “one of the world’s most pre-eminent” casino destinations, a leading industry executive yesterday saying this nation would now offer all the games Las Vegas and Macau possess.
Ministers hail Androsian chosen as first executive director for BAMSI
ANDROSIAN Dr Raveena Roberts-Hanna was officially appointed as Executive Director of the Bahamas Agriculture and Marine Science Institute (BAMSI) yesterday.
Tourism urges Gov't to 'redouble' energy reform, crime efforts
The Government was yesterday urged to “redouble” its efforts on energy reform and fighting crime, a leading tourism executive warning that both were vital to “maximising” investment and Bahamian job opportunities in the sector.
Moody's downgrade shows Bahamas still in 'emergency room'
A Tax Coalition co-chair yesterday described the latest Moody’s downgrade as “bittersweet”, comparing the Bahamas’ fiscal condition to “the patient in the emergency room, who’s not stable and certainly not healthy”.
Going on ‘Instinct’
THE STRENGTH and diversity of female fine artists in the Bahamas will be celebrated during the “Instinct” art show expected to open in two weeks time.
Shotgun owner accused of attempted murder
A SUPREME Court jury heard yesterday how a licensed shotgun owner shot a man moving around his property after he was disturbed during his early morning devotions.
Banker's Softball League pays tribute to the late Sam Haven
AS the Banker’s Softball League paid tribute to Sam Haven, his team - the Scotiabank Wheelers - out-slugged Commonwealth Bank 23-19 on Saturday as the Banker’s Softball League continued its regular season in the Banker’s Field at the Baillou Hills Sporting Complex.
VAT rate will 'double' with poor compliance
A Tax Coalition co-chair yesterday said the Government “desperately” needed to release its Value-Added Tax (VAT) education curriculum and modules, warning that this was vital to “maximise compliance” immediately the new tax kicked in.
Gov't 'finalising' deal approval for Port Lucaya Market
The Government was last night “finalising” approvals for a UK investor to acquire Freeport’s Port Lucaya Marketplace from a Grand Bahama Port Authority (GBPA) affiliate, Tribune Business can reveal.
Roberts and Carey prove their skills at the Youth Olympics
THE Bahamas national tennis team of Justin Roberts and Rasheed Carey participated in the Youth Olympic Games in Nanjing, China. The team, coached by Ricardo Demeritte, left the Bahamas on August 11 and returned on August 31.
BAMSI will open this month – despite building setbacks
AGRICULTURE Minister V Alfred Gray yesterday confirmed that the government’s new agriculture and marine science school will still open this month despite construction setbacks.
Govt tightlipped on BEC as August deadline arrives
OFFICIALS remained tight-lipped over the government’s decision on the restructuring of the Bahamas Electricity Corporation yesterday.
Tax Coalition seeks Fiscal Responsibility Act 'within 18 months'
A Tax Coalition co-chair wants the Bahamas to legislate a Fiscal Responsibilities Act “within the next 18 months” and before the next general election, suggesting that implementation difficulties were being exaggerated.
'The Tank' seeks to take titles from Joseph Parker
Sherman “The Tank” Williams warned New Zealand heavyweight boxer Joseph Parker that if he thinks he’s going to have an easy time in the ring, then he better think twice before fighting him in October.