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PRIME Minister Perry Christie said he met with principals from the Grand Bahama Port Authority (GBPA) and Hutchison Whampoa to discussed the expansion of the Freeport Container Port.
Jerry C. Butler, the Caribbean Renewable Energy Forum’s founding chairman, met with regional energy stakeholders in Washington DC last week to discuss the challenges and opportunities for grid and off-grid investments in the Bahamas and wider Caribbean.
The Bahamas Financial Services Board (BFSB) and Ministry of Education, Science & Technology have hosted the presentations ceremony for the annual Essay Competition, held as part of National Career Awareness Month (NCAM).
The Bahamas Institute of Financial Services (BIFS) last week welcomed the UK’s Bangor University to speak on its Chartered Banker MBA programme options, which are specially tailored to working professionals and can be taken on-site or online.
Resorts World Bimini has pledged that upgrades to the island’s airport will leave it behind only Sir Lynden Pindling International Airport (LPIA) when it comes to technology and facilities
Ticket prices could increase by 20-25 per cent if the Government decides not to make domestic aviation ‘exempt’ from Value-Added Tax (VAT), a senior airline executive warned yesterday, adding that it would retard Family Island development.
The Government was yesterday urged to “curtail” civil servant salary deductions to no more than a combined 40 per cent of total income, after the Auditor-General rapped the Treasury for allowing the current 75 per cent limit to be breached.
The Government is proposing to make electricity Value-Added Tax (VAT) ‘exempt’ for both residential and business consumers, providing some relief from the price increases many are fearing.
BAHA MAR has awarded roughly $275 million worth of work, close to 70 per cent of its commitment pledge, to Bahamian contractors to-date, a senior executive said yesterday.
A senior trade union executive and other former City Markets employees have alleged that an attorney “deducted unauthorised and unexplained fees” from sums he received on their behalf from the defunct supermarket chain’s pension plan.
DESCRIBING traffic on Western Air’s recently introduced Havana route as a “mixed bag”, the airline’s director of operations yesterday told Tribune Business that advanced reservations indicate it will be “fully booked” by late December.
Realtors yesterday warned that adding Value-Added Tax (VAT) to already “astronomically high” transaction costs would stifle home buying activity at a time when the Government should “be doing the exact opposite”.
EXEMPTING web shops from taxation was yesterday branded a “big mistake”, a leading businessman telling Tribune Business that the industry could generate $200 million or half the revenue the Government hopes to collect from Value-Added Tax (VAT).
Most members of the workforce are dissatisfied with their current pay scale. Everyone wants to make more money. Everyone believes they deserve more. They view their value to the organisation as greater than their compensation on a weekly, bi-monthly or monthly basis. Naturally, pay scale (high or low) is all relative and based on a person’s perceptions.
A UK national newspaper has ranked Private Island Paradise in the Exumas, listed by Damianos Sotheby’s George Damianos, second among their ‘world’s top 10 private islands listed for sale’.
Attendees at the Bahamas Shipowners Association’s (BSA) annual general meeting in London were today given a presentation on how they could take care of their captive insurance needs in this nation.
The Insurance Commission’s Jamell R. Bodie, manager of supervisory and regulatory practices, will be one of the featured speakers at the Captives Insurance Basic seminar on November 26, which is being hosted by the Bahamas Financial Services Board (BFSB)
The Bahamas Bar Association is set to survey its members on their experiences in dealing with the Investments Board, in a bid to develop a more “consistent” process that approves completed applications within 30-45 days.
Satellite Bahamas’ principals are seeking further protection from the Florida courts to block DIRECTV’s “simply irrelevant” efforts to obtain information on their bank and personal financial transactions.
BISX-listed Consolidated Water says its main Nassau plant is supplying 20 per cent more water than required under the terms of its contract with the Water & Sewerage Corporation, as it awaits the Government’s decision on whether it will continue to operate the Windsor facility.
Property owners at Oceania Heights are hoping to raise $1.5 million to finance the construction of long-promised amenities and “recover some of our investment”, after the controversial project was finally transferred to their control.
A Bahamas-based renewable provider is offering to build and operate an estimated $500-$600 million plasma waste-to-energy plant at the New Providence landfill, creating 400-500 full-time jobs, in the process.
Ever heard of ZIP files? Of course you have. If you have download programs and files off the Internet, you have probably encountered ZIP files. A ZIP file is a convenient way of compressing program files into a single, smaller file.
The proposed ‘light touch’ regulatory regime for credit unions with assets under $1 million would only apply to one organisation at present, the National Workers Cooperative Credit Union (NWCCU) chairman said yesterday.
The Utilities Regulation and Competition Authority (URCA) yesterday determined that communications operators should be paid $4 for every fixed-line customer they lose to rivals, effectively finding a ‘middle ground’ between Cable Bahamas and the Bahamas Telecommunications Company (BTC).