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BREA wins appeal, Smith to challenge ruling
August 07, 2016
BREA wins appeal, Smith to challenge ruling
The Court of Appeal has overturned Supreme Court Justice Deborah Fraser's ruling against the Bahamas Real Estate Association (BREA). The Court of Appeal held that the assertion by George Smith that he had a right to be present and represented at a BREA Board meeting "in support of his application" for reinstatement of his license "could not properly be sustained". The court set aside the declarati...
Central Bank: Tourism stabilized in June
August 10, 2016
Central Bank: Tourism stabilized in June
The Central Bank of The Bahamas (CBOB) provided a bittersweet economic outlook across key sectors of the economy for the first 11 months of the 2015/2016 fiscal year.
August 30, 2016
Cuba, Dom. Rep, others ahead of Bahamas tourism in 2015
The United Nations World Tourism Organization (UNWTO) Tourism Highlights 2016 Edition showed The Bahamas vis-a-vis its regional competition for overnight tourists, with Cuba, the Dominican Republic, Jamaica and Puerto Rico all pulling more overnight visitors than The Bahamas.
FNM: Why hide Baha Mar deal
August 25, 2016
FNM: Why hide Baha Mar deal
FREE National Movement Shadow Minister of Labour Loretta Butler-Turner castigated the Christie administration yesterday over the decision to seal the court documents relating to the new deal to open the shuttered $3.5bn Baha Mar resort, branding this as "deceptive" and "reprehensible" on all levels.
Govt deficit contracts to 95.5M
December 13, 2011
Govt deficit contracts to 95.5M
The government's overall deficit for the first three months of fiscal year 2011/2012 contracted 8.7 percent year-on-year, with a leading analyst saying it's a move in the right direction, but the deficit is still too high.
Housing Report Revealed
December 15, 2011
Housing Report Revealed
Serious failures in the financial management of two major bank accounts controlled by the former Ministry of Housing and National Insurance constituted a contravention of the law and financial regulations, The Nassau Guardian can reveal exclusively.
Govt expands National Drug Plan
December 15, 2011
Govt expands National Drug Plan
A wider group of Bahamians will now benefit from the National Prescription Drug Plan (NPDP), Prime Minister Hubert Ingraham revealed in the House of Assembly Tuesday night.
August 03, 2016
Remark by the Rt. Hon. Perry G. Christie at the 20th Annual International African American Hotel Ownership & Investment Summit & Trade Show
Four years ago when I first addressed this body as a recently elected second term Prime Minister in 2012, I did so confident in the belief that through an understanding of our shared ancestry and the active mining of our mutual interests, we could together transform the economic underpinnings of our respective constituents; and in spite of today?s challenging economic realities which have slowed p...
Rolle on VAT and size of the economy
July 21, 2016
Rolle on VAT and size of the economy
The overperformance of the value-added tax (VAT) in relation to government expectations has led some to speculate that perhaps The Bahamas' economy is significantly larger than the $7.7 billion (at 2006 prices) reported by The Central Bank of The Bahamas at the end of 2015.
Tax information exchange portal open until August 26
July 28, 2016
Tax information exchange portal open until August 26
The Competent Authority of The Ministry of Finance has given notice that the tax information exchange portal is open for registration and submissions from July 19 to August 26 at 5 p.m. Eastern Standard Time, and posted notices on its website concerning reporting under the aegis of the U.S. Foreign Account Tax Compliance Act (FATCA) for 2015.
With respect to updated responsible officer contact inf...
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