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Bahamas

Tuesday, Aug. 14, 2018

Caribbean RoundUp

Trinidad and Tobago: Two prominent Barbadian businessmen have been charged along with a sailor of the company’s yacht with trafficking in cannabis and importation of cannabis after police found 276 pounds of marijuana on board the vessel recently. Comment

Saturday, July 14, 2018

Bahamas: Prime Minister Dr. Hubert Minnis said that The Bahamas will not be part of the CARICOM Single Market and Economy (CSME). He made his country’s position clear when he spoke to journalist after his arrival from the recent CARICOM Heads of Government 39th Annual Conference in Montego Bay, Jamaica. Comment

Wednesday, July 11, 2018

US applauds Bahamian anniversary

Bahamas: The Trump administration on Tuesday congratulated the Bahamas on its 45th anniversary of political independence from Great Britain. Comment

Thursday, July 5, 2018

Arts & Theater: A Prospect Lefferts Gardens dance academy is heading to the Bahamas for a new dance immersion program. The contemporary dance school AbunDance Academy is launching “AbunDance in Bahamas” — a weeklong program introducing its students to dancing styles of another culture. Comment

Tuesday, July 3, 2018

Bahamas to launch digital currency

Bahamas: The Central Bank of The Bahamas is moving to introduce a pilot digital currency for the country. The announcement was made by Deputy Prime Minister and Minister of Finance Peter Turnquest recently during The Bahamas Blockchain and Cryptocurrency Conference. Comment

Wednesday, June 27, 2018

Bahamas PM fires four Parliament members

Bahamas: Bahamas Prime Minister Hubert Minnis fired four members of his government after they voted “no” against the proposed 60 percent value added tax (VAT) increase from 7.5 percent to 12 percent which was announced in the 2018–2019 budget. Comment

Monday, June 25, 2018

Caribbean Roundup

Trinidad and Tobago: Bahamians will have to dig deeper into their pockets as the Government is increasing the Value Added Tax (VAT) from 7.5 percent to 12 percent. The increase comes three and a half years after VAT was introduced. Finance Minister Peter Turnquest said the measure which is projected to bring in another US$1.1 billion in revenue in the next fiscal year, is aimed at trying to close the fiscal gap and avoid a crisis. Comment

Monday, June 18, 2018

Caribbean RoundUp

Trinidad and Tobago: Cuba’s Deputy Foreign Minister Rogello Sierra is moving to hold meetings with its Caribbean counterparts along with Cuban residents and Cuban state mission personnel in those countries. Comment

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