Search results for : tobacco
PM Davis: Revenues up $72.9 million compared to same period in previous budget cycle
While making his Opening Contribution to the Mid-Year Budget Debate 2023/2024, on March 6, 2024, Prime Minister and Minister of Finance the Hon. Philip Davis pointed out that, as of December 2023, revenues were up $72.9 million compared to the same period in the previous budget cycle.
Financial Secretary: Rum and Alcohol Smuggling Impacting Businesses
NASSAU, BAHAMAS - Businesses have seen a decline in the sale of tobacco and rum amid a smuggling ring recently cracked by the government.
Tax avoidance causing $200m annual revenue loss
Tax avoidance causing $200m annual revenue loss
PM announces data-driven response to stop revenue slipping through the cracks NASSAU, BAHAMAS — Prime Minister Philip Davis revealed on Wednesday that the government is employing a data-driven approach to aggressively tackle numerous tax avoidance schemes, which are causing the government an annual loss of approximately $200 million in revenue. During his delivery of the [...]
PM: Government Losing Hundreds of Millions of Dollars
NASSAU, BAHAMAS - Prime Minister Philip Davis told Parliament hundreds of millions of dollars have been lost yearly through alcohol and tobacco smuggling.
Old Fort Bay Fund-raiser for Ranfurly, RBPF Dependents Fund
A group of business leaders and professionals, members of a well-known lodge, are gambling on open hearts and willing players to raise money for the Ranfurly Home for Children and the Royal Bahamas Police Force Dependents...
Two percent rise in prices year-over-year for October 2023
NASSAU, BAHAMAS — There has been a year-over-year rise in prices of over two percent, according to The Consumer Price Index for October 2023. The findings were contained in a report by the Bahamas National Statistical Institute that measured CPI—a measure of the average change of prices over time—among other metrics. The Monthly Inflation Rate [...]
PM Davis Unveils ‘Clear, Hold and Build’ Approach to Addressing Crime
During his first broadcast public statement for 2024, on January 14, Prime Minister and Minister Finance the Hon. Philip Davis noted that he would have preferred to have taken that time to “set out the plans we have in place to further lift our national development in 2024."
Consumer Price Index sees two percent year-over-year increase in August
NASSAU, BAHAMAS — The Consumer Price Index (CPI) for the month of August saw a two percent increase when compared to the same period in 2022, according to data related by The Bahamas National Statistical Institute. The rise was evident in the overall cost of items purchased by the average consumer during this period. Notably, [...]
Early Diagnosis and Significant Advances in Treatment Could Reduce High Lung Cancer Death Rate, Says Cleveland Clinic Expert
With early screening and ongoing advances in treatment options, there is no reason for lung cancer to maintain its reputation as one of the deadliest cancers, according to an expert from global health system Cleveland Clinic.
Consumer prices up slightly in July
Consumer prices up slightly in July
In July the country's inflation rate increased by 0.6 percent when compared to June the Bahamas National Statistical Institute explained in its most recent Consumer Price Index for the month of July.