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Samantha M. Williams and Christopher J. Wells have become Graham Thompson’s latest partners.
Staff, faculty and students at the Bahamas Technical and Vocational Institute (BTVI) have received a financial wellness check-up from leading banks, insurance companies and credit unions.
By JOHN BOSTWICK II
THE MINISTER of Agriculture and Fisheries yesterday said he was pushing to “stiffen” penalties levied against illegal poachers, noting that the Defence Force needed to be “sufficiently equipped” to tackle the issue.
The Board battle at the Public Hospitals Authority (PHA) has cost the Bahamian people several hundred thousand dollars, with its $48.3 million bond issue left sitting unclaimed in a bank account for over two months.
Super Value is bracing for a $1 million per month cost increase from Value-Added Tax (VAT) and other fees, its owner warning that the Government’s fiscal reform plans will “wipe out the food retail industry”.
The private sector is hoping that plans to launch a domestic arbitration centre this year will position the Bahamas as “one of the innovators” in the Caribbean, and prevent companies throwing money “into a black hole” legally.
A key member of the Government’s Bahamas Telecommunications Company (BTC) negotiating team has pledged it will investigate how Cable & Wireless Communications (CWC) became involved in the privatisation process when it was not among the original bidders.
Doctors Hospital’s president has called for healthcare to be ‘zero-rated’ rather than ‘exempt’ under the proposed Value-Added Tax (VAT), arguing that it is already “too late” for the Government to meet its July 1 implementation target.
The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) has urged the Government to “redirect its energies” to more pressing issues, now it has resolved the Bahamas Telecommunications Company (BTC) deal behind it.
In every sector of our corporate environment, moonlighting has become a consistent mainstay, with many persons enjoying the benefits of receiving two and three salaries at any one given time.
The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) has unveiled a nationwide campaign to launch its small and medium-sized enterprise (SME) mentorship programme, promoting its initiatives and VAT education in partnership with the Ministry of Finance.
Some 36 Bahamas Oil Refining Company International (BORCO) workers have been recognised as safety stars, after the company last year launched a Safety Star Programme geared towards improving ‘safety culture’.
Nassau resorts have reported that bookings and occupancy levels have only been minimally impacted by severe winter storms which have slammed the northeastern US, and resulted in a record number of flight cancellations.
Sandyport Beaches Resort and Hotel has won the RCI Gold Crown Resort award, the highest of the three RCI designations that are largely determined by vacationers’ comments.
One of Harbour Island’s best-known resorts is launching a two-week special under the theme of ‘Let’s Get Physical.’
The Bahamas should wait until after its upcoming reforms to impose a ‘fiscal rule’, a former finance minister agreeing that it could impose “discipline” on the Government’s Budget.
SCOTIABANK (Bahamas) yesterday announced plans to “centralise’ some of its Bahamian back office functions into its Trinidad & Tobago hub, and is attempting to either avoid or minimise staff lay-offs as a result.
Mediterranean Shipping Company (MSC), the global shipping giant, is “pulling” its back office operation - and potentially over 40 jobs - from Freeport as a result of the Government’s failure to revoke the 1 per cent Customs administrative processing fee.
The Tax Coalition’s co-chair yesterday hit back at “misleading” government assertions about Value-Added Tax (VAT), producing a hypothetical example (shown here) where a middle class family paid - as a percentage of their income - 62 per cent more tax than their wealthy counterparts.
NASSAU could become a “prime juridical seat for arbitration”, a leading Miami commercial litigation and arbitration attorney said yesterday, arguing that this was the “best course of action” for the Bahmaas to take.
THE Ministry of Financial Services is finalising a Memorandum of Understanding (MoU) with the Bahamas Chamber of Commerce and Employers Confederation (BCCEC) to build the “capacity and framework” for domestic arbitration, the Minister of Financial Services revealed yesterday.
The International Monetary Fund’s (IMF) was last night backed as “spot on” in its call for the Government to implement ‘a fiscal rule’, arguing that this would “enhance the predictability and credibility” of its annual Budgets.
The trade union representing the Bahamas Telecommunications Company’s (BTC) line staff yesterday said it was “a bit disappointed” that the Government had failed to regain Board control, having hoped this would provide a bulwark against further job losses.
Cable & Wireless Communications (CWC) decided that $25 million was “a price worth paying” for peace with the Bahamian government, a London-based analyst yesterday describing their deal as “an elegant resolution”.