Homepage for the Visual Studio Code Flask tutorial.
Bahamian small and medium-sized enterprises (SMEs) want “fair play” and a “consistent” three year Value-Added Tax (VAT) implementation strategy, a leading consultant said yesterday, citing a potential fall-off in consumer spending as a primary concern.
THE Bahamas National Trust (BNT) is “seriously concerned” and “desperate” for much-needed funding, its executive director said yesterday, expressing confidence nonetheless that it could raise sufficient.
The Government is over-estimating its revenues for the 2014-2015 fiscal year by more than $60 million, a rating agency yesterday warning that the Bahamas’ creditworthiness will be subject to continued “downward pressure” for the next 12-18 months.
Private sector leaders yesterday branded the Government’s plans to increase the minimum wage as “dangerous” and “ludicrous”, warning that it risked increasing unemployment and further undermining the Bahamas’ cost competitiveness.
The Bahamian private sector yesterday warned it will withdraw its consent to Value-Added Tax (VAT) “at any percentage” if the Government fails to follow through with wide-ranging fiscal reform, saying of the latter: “It’s not an if; it’s a must.”
Baha Mar has pledged not to ‘draw down’ a $10 million Letter of Credit posted by Morgans Hotel Management Group, as it bids to end their court dispute following termination of the latter’s 20-year operating deal.
The Bahamas Telecommunications Company (BTC) yesterday confirmed it had gone ‘back to the future’ with the long-awaited return of Leon Williams as its chief executive, its controlling shareholder denying there had been “pressure” from the Prime Minister or Board for his appointment.
CABLE & Wireless Communications (CWC) chief executive, Phil Bentley, said yesterday that the conclusion of the ‘2 per cent of shares’ in the Bahamas Telecommunications Company (BTC) deal with the Government was “imminent”.
INCREASING the minimum wage could ultimately reduce employment and limit the ability of the economy to grow, a top Bahamas-based economist warned yesterday, urging the Government to instead focus on increasing the skills and productivity of the workforce.
Bank of the Bahamas (BOB) says its eNotifier service, which keeps customers in touch with their accounts at all times, is gaining increasing customer acceptance.
The Government was yesterday urged to “restrict” all proceeds derived from public asset sales, such as the impending Bahamas Electricity Corporation (BEC) privatisation, solely to paying down the $5.567 billion national debt.
Family Island hoteliers believe an aggressive marketing approach has helped increase tourist arrivals by 14.7 per cent year-over-year for the 2014 first quarter.
Value-Added Tax’s (VAT) impending implementation may give buyers “the push” to secure properties before January 1, one realtor suggesting: “It may be better to do it now rather than seven months from now.”
Resorts World says it hired dozens of Biminites following a Career Fair held on the island last Wednesday.
The Bahamas Financial Services Board (BFSB) has teamed with its Ministry of Financial Services co-sponsor to schedule five Bahamas Landfall events between August and October, as it targets business opportunities in Latin America and China.
The Bahamas International Securities Exchange’s (BISX) chief executive is a principal in a $15 million deal to acquire the well-known Bargain City Shopping Plaza on Carmichael Road.
The lead attorney for opponents of Bimini’s cruise ship terminal yesterday likened Heads of Agreement deals with major developers to “an AIDS virus in the body politic” of the Bahamas.
A leading businessman believes there “is no question” that income tax is the most equitable fiscal reform option, but the Bahamas has run out of time to implement it.
The One & Only Ocean Club’s new owner has set its sights on developing a convention centre, after closing the Paradise Island property’s purchase for $140.5 million.
MAJOR casino operators are “vehemently opposed” to suggestions that Value-Added Tax (VAT) should be levied on players via the gross sum bet, fearing this could make them “less competitive” than North American rivals.
The Financial Secretary’s decision to reveal that the Value-Added Tax (VAT) rate is likely to rise soon has been questioned by a well-known businessman, who likened it to “sprinkling oil on a fire”.
Bahamas Waste says it is saving 180 cubic yards of landfill space per week via the 20 tonnes of cardboard waste it is recycling.
Placing general insurance into the ‘VAT-able’ category will have a “disastrous effect” on the Bahamian economy, a leading industry executive arguing that the New Zealand tax consultants were “mixing up apples and oranges”.
Standard & Poor’s (S&P) yesterday said “all possibilities are still on the table” over the Bahamas’ sovereign credit rating, with “execution” of Value-Added Tax (VAT) and other Budget measures key to avoiding a further downgrade.
THE Government has approved $627 million worth of foreign direct investment (FDI) so far this year, a Cabinet minister said yesterday, adding that this nation receives $3 in return for every dollar offered in investment incentives and subsidies.