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Gov't concern on conch export block decision

The Government yesterday voiced concern that Queen Conch exports could be threatened if the US declares them an endangered species, creating “significant social and economic hardship” for thousands of Bahamian and regional fishermen.

BNT eyeing 'rough' Q4 over funding concerns

THE Bahamas National Trust (BNT) is refining its fund raising strategy its executive director said yesterday, telling Tribune Business that the third quarter of the year is “going to be rough” unless it is able to obtain significant funding.

‘Be careful how world eyes Freeport change’

THE GRAND Bahama Chamber of Commerce’s president yesterday warned that the Government must pay attention to how its actions are perceived by potential investors as it strives for major in Freeport’s governance.

Five weeks of rising COVID cases in region

FOR the past five consecutive weeks the Caribbean has experienced a rise in new COVID-19 infections, according to Pan American Health Organisation Director Dr Carissa Etienne yesterday.

'Murder rate due to drugs and guns'

NATIONAL Security Minister Tommy Turnquest said yesterday the Bahamas' high murder rates stem primarily from drugs and firearms.

‘All-Bahamian’ $30m hotel gets conditional go-ahead

The Bahamian developer of a proposed $30m West Bay Street hotel was yesterday granted preliminary site plan approval for the project provided its “side setbacks” are increased to 15 feet.

Key revenues off 30% in Matthew aftermath

Hurricane Matthew’s impact on government revenues has been exposed by data showing a collective 30 per cent month-over-month drop-off in three key taxes during October.

Tourism targets Latin American expansion

THE Ministry of Tourism has brought Latin America to the Bahamas through a recent familiarisation trip for journalists.Media personalities from Colombia, Peru and Panama visited Nassau and Paradise Island to receive a taste of Bahamian culture, as th

DPM: Bahamas faces 'deep, stark' recession

The deputy prime minister yesterday warned The Bahamas faces a “very deep and stark recession”, and urged it to brace for “major problems” if the COVID-19 crisis continues beyond summer.

Classes resume at University of the Bahamas campus in Freeport

THE University of The Bahamas North has reopened and resumed classes at its downtown centre in Freeport, a month after Hurricane Dorian destroyed the northern campus in East Grand Bahama. Dr Ian Strachan, vice president of UB North, said university

VAT exemptions 'not in best interest of gov't or businesses'

EXEMPTIONS under the proposed Value Added Tax (VAT) systems would “not be in the best interest of the government or businesses” according to the head of the Retail Grocers Association, who argued that the potential to recover only 20-25 per cent of their inputs would eventually drive some retailers out of business.

Financial sector boost via perpetuity 'honour'

The Bahamian financial services industry may obtain a competitive advantage from a recent precedent established by the Supreme Court, which proves the judiciary will “honour” the law enabling old trusts to continue ‘in perpetuity’.

Giants to face Cybots in NPBA final

Coach Perry Thompson knew that once his Commonwealth Bank Giants kept the ball out of the hands of the Police Crimestoppers’ guard Mitchell Johnson, they would be back to defend their title in the New Providence Basketball Association’s championship series.

Sports in brief

THE New Providence Basketball Association continued its 2013/14 regular season with a double header at AF Adderley Gym on Monday night.

Work stopped at The Pointe

FORMER Deputy Prime Minister Brent Symonette yesterday called for the country’s executive leadership to resign after it was revealed that developers of the $250m The Pointe resort had overstepped approved works and were issued a stop order from the Ministry of Works.

PM says VAT will be a ‘major success story’

PRIME Minister Perry Christie said yesterday he is “absolutely certain” value added tax (VAT) will be a “major success story for the people of the Bahamas.”

Unions offer support to health plans

AS parliamentary debate on the highly anticipated National Health Insurance Bill started yesterday, several of the country’s foremost medical and trade unions claimed that they have committed themselves to a partnership that seeks to make the NHI vision a reality.

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