Business

GBPA agrees with PM’s call for “decisive action”, but urges collaboration

NASSAU, BAHAMAS — The Grand Bahama Port Authority (GBPA) said yesterday that it agrees with Prime Minister Philip Davis that “decisive... read more »

Business

STAY TUNED: Halkitis says NIB issue will be addressed during budget debate

NASSAU, BAHAMAS — While prime minister Philip Davis made no mention of the National Insurance Board (NIB) during his 2023/2024... read more »

Business

Local small businesses suffering due to yacht tax

NASSAU, BAHAMAS — Bahamian small businesses servicing the charter yacht industry are hoping government will reconsider last year’s imposition of... read more »

Business

Government revenue at $2.1 billion for first nine months

Prime Minister touts improvements in the country’s financial health NASSAU, BAHAMAS — Government revenue for the first nine months of... read more »

Business

Opposition warns businesses of tax pressure as PM pledges improved compliance and enforcement

NASSAU, BAHAMAS — The Official Opposition issued a warning yesterday, cautioning businesses to anticipate continued government pressure in tax collection. ... read more »

Business

PM set to deliver Budget communication in Parliament today

NASSAU, BAHAMAS — Prime Minister Philip Davis will today deliver the annual Budget Communication to Parliament, which according to a... read more »

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Business

Auto dealers hopeful of upward trend following ‘epic’ first quarter

NASSAU, BAHAMAS — The Bahamas Motor Dealers Association (BMDA) president said yesterday that the industry was hopeful it would continue... read more »

Business

Short-term rental market surges, one-third increase in total room nights sold

NASSAU, BAHAMAS — The Bahamas’ short-term rental market saw further positive trends during the month of April, with the growth... read more »

Business

Central Bank announces technical developments, upgrades for mobile wallet holders

NASSAU, BAHAMAS- The Bank of The Bahamas (BOB) will soon become the latest authorised financial institution (AFI)  to begin providing... read more »

Business

Royal Caribbean releases first public consultation report

NASSAU, BAHAMAS- Royal Caribbean International (RCI) has published the first public consultation report for its Royal Beach Club Development on ... read more »

Business

700 Wines and Spirits Marks 7th Year with Nationwide Celebration

Nassau, Bahamas – Whether you’re having a birthday party in Fresh Creek, Andros or hosting a Mother’s Day luncheon in... read more »

Business

HG Christie documentary highlights local real estate pioneer

NASSAU, BAHAMAS —s — Last week, the Island House Cinema in New Providence hosted the documentary ‘Vision’ by HG Christie,... read more »

Business

Government extends consultation period for Corporate Income Tax Green Paper

NASSAU, BAHAMAS — The government has extended the consultation period for its corporate income tax Green Paper to the end... read more »

Business

Minnis blasts government’s “tax crusade”

NASSAU, BAHAMAS — Former Prime Minister Dr Hubert Minnis yesterday accused the Davis administration of being “hostile to business,” arguing... read more »

Business

PM tables Consumer Protection Bill 2023

NASSAU, BAHAMAS — Prime Minister Philip Davis yesterday tabled the Consumer Protection Bill 2023 in Parliament, noting that the legislation... read more »

Business

URCA to examine BPL ‘status quo’

NASSAU, BAHAMAS — The Utilities Regulation and Competition Authority (URCA) yesterday revealed that it is seeking to undertake an audit... read more »

Business

New Cost Right, Solomon’s on the horizon as AML Foods purchases Solomon’s Super Center building for $10.5 million

NASSAU, BAHAMAS — AML Foods Limited has announced that it has purchased the building space for $10.5 million, including closing... read more »

Business

BCCEC calls for comprehensive tax reform amid corporate income tax consultations

NASSAU, BAHAMAS — The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) said yesterday that while the government’s Green Paper... read more »

Business

Royal Caribbean to open first Bahamas-based office in downtown Nassau

New location will support the Royal Beach Club and Bahamian recruitment NASSAU, BAHAMAS — Building on more than 50 years... read more »

Business

Consumer price index sees four percent year-over-year increase in March

NASSAU, BAHAMAS — The Consumer Price Index (CPI) for the month of March saw a four percent increase when compared... read more »