More than 100 retailers have joined an industry federation opposing Value-Added Tax’s (VAT) introduction, its co-chairman charging that Barbados’s predicament had “completely dispelled” the assumption the tax was a “magic bullet” for this nation’s fiscal woes.
Bahamas Striping, recently completed the striping of the Alvin S. Moss Community Park, basketball court in the Centerville Constituency.
The Ministry of Finance announced it has launched a hotline with experts standing by to answer questions about the proposed Value Added Tax system set to go into effect July 1.
With six months to go before the new Value Added Tax (VAT) system goes live, top officials and representatives from various government ministries and departments have begun training with international consultants.
Dionisio D’Aguilar warns that “whatever positive effects we get from Baha Mar are going to be somewhat outweighed by the negative effects of VAT.”
Less than 3 months after its launch, Caribbean Tobacco Enterprise is reporting excellent market interest in a Bahamas-manufactured cigarette called Palms, and sales are exceeding initial expectations.
Sandals Resorts International has plans to build its new corporate headquarters in the Bahamas.
In what history may view as the precursor to a Bahamian United Way, 13 organisations who feed the hungry have come together to create The National Feeding Network.
Senator Cheryl Bazard will become the first Bahamian on the Board of Directors of ParlAmericas – an international body of legislatures working to strengthen democracy and governance in the hemisphere.