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BTC sponsors World Relays

With the return of World Athletics’ prestigious World Relays to The Bahamas, the Bahamas Telecommunications Company (BTC) resumed its rightful position as the major sponsor.

'VAT should be part of broader economic reform'

FREEPORT – Former Prime Minister of Barbados Owen Arthur says the introduction of a Value Added Tax should be viewed as an essential part of the broader sweep of economic reforms in the Bahamas.

Scotia: Bahamas ‘skews’ bad Caribbean mortgages

Scotiabank’s regional chief yesterday revealed that its non-performing Bahamian mortgages were nine percentage points higher than the Caribbean average, which would be cut to just 8 per cent if this nation’s data was excluded.

‘Wonderful’ if Freeport cruise surge sustained

The Grand Bahama Chamber of Commerce’s president yesterday said it would be “wonderful” if the four cruise ships that visited the island on Wednesday can be sustained.

Bahamas ‘ranked too highly’ by corruption index

Transparency International’s Bahamas representative yesterday admitted that this nation was ranked too highly in its Corruption Perceptions Index (CPI), describing the issue as “the foundation for all” the country’s current problems.

Building on the trust between Beijing and The Bahamas

WITH the successful conclusion of the well-known “Two Sessions” of China (annual legislative and political advisory sessions) on March 20, the great cause of socialism with Chinese characteristics in the new era inaugurated a new journey.

Bahamas First in ‘exclusive’ Cayman patient refer deal

Bahamas First’s chief executive yesterday said it “definitely has no intention” of entering the local health insurance market, despite a subsidiary obtaining ‘exclusive rights’ to refer Bahamian patients to a Cayman hospital.

Bahamas to host Beach Soccer WCup qualifier

When the Bahamas Football Association opened its historic beach soccer facility in November 2012, the first such venue to be created in the Caribbean, it was expected to make the Bahamas a major figure in the sport.

A $10m speed dream

THE quest to reignite motor racing in The Bahamas is moving closer to becoming a reality as Bahamas Speed Week Revival organisers look to building a $10m world-class race arena in western New Providence.

PM: Grand Bahama Shipyard’s Apprenticeship Programme is a 'win-win'

PRIME Minister Perry Christie says the Grand Bahama Shipyard’s Apprenticeship Programme is a “win-win” training initiative that should serve as a model for other companies to emulate in the Bahamas.

Dive operator slams ‘insulting’ association

A foreign-based dive operator is blaming his decision not to renew his Bahamas Diving Association (BDA) membership on “inflammatory and insulting” statements by its leadership, adding that his business pays the Government more than $50,000 annually.

Govt slams tax exchange delay claim ‘hearsay’

The Government has dismissed as “hearsay” allegations that public and private sector officials have been suggesting the Bahamas will hold back on automatic tax information exchange, making this nation more attractive to “undeclared” funds.

BAHAMAS URGED: ADDRESS FINANCIAL LAW WEAKNESSES

By NEIL HARTNELL Tribune Business Editor The US government has again urged the Bahamas to strengthen its anti-terror financing laws and make membership of organised criminal gangs a criminal offence, according to a recently-released US State Department r

Prove services exports deserve VAT-free rating

Bahamian accountants must prove audit and other services they provide to financial services entities are “for purposes outside” the jurisdiction to obtain VAT-free treatment, the tax authorities have ruled.

CEO: Home port will benefit Bahamas

ROYAL Caribbean Cruise Line set sail from Nassau during its inaugural homeport voyage on Saturday.

More than 200 sign up for NHI at weekend in GB

MORE than 200 people enrolled in National Health Insurance on Grand Bahama over the weekend at pop-up locations in Freeport and in Lucaya.

Good news 'soon' for Grand Bahama, says Labour Minister

GOOD things are on the horizon for Grand Bahama, according to Minister of Labour Dion Foulkes, who said some important announcements would be made soon by the government.He did not elaborate or disclose much, but said the officials are very “optimist

Electricity and water restoration by end of week in Grand Bahama

THE process for the restoration of utilities, as well as certain infrastructure in Grand Bahama in the wake of Hurricane Irma has started.

Time to stand up

“IF Bahamians are not prepared to stand up and defend their own Bahamas, then ya don’t deserve to have it ...” -- Pindling. Those words are as true and meaningful today as they were all those many years ago. In a way, they may be even more meaningful today.

Cooper - like FNM - hopes for Lucayan deal ‘soon’

DEPUTY Prime Minister Chester Cooper said the Davis administration is determined to fix the Grand Lucayan resort, adding an announcement on the beleaguered property will hopefully be made soon.

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