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Bank shrugs off $2.8m fee rise to 'beat target by 54%'

Commonwealth Bank yesterday revealed its $19.58m first quarter profits "exceeded expectations by 54 percent" despite having to contend with a more than one-third year-over-year increase in licence fees.

PI Wendy's: Bank restriction expired almost 50 years ago

The only firm restriction governing how the disputed ex-Scotiabank location on Paradise Island can be used expired almost 50 years ago in 1975, Tribune Business can reveal.

Corporate tax 'driven' by revenue demands

The Government's corporate income tax proposal is "driven" by the need to increase revenues and could "be a gateway" to further progressive reforms that ultimately include a personal income tax, a governance reformer said yesterday.

'Anyone who wants diesel able to buy it'

FOCOL Holdings chairman yesterday voiced optimism that "anyone who wants to buy diesel on this island can get it" even though "the majority" of petroleum retailers were said to have stopped sales of this fuel.

Taxi president: Cruise port call-ups will end 'hustling'

The Bahamas Taxi Cab Union's (BTCU) president yesterday voiced optimism that the new call-up protocols at the Nassau Cruise Port (NCP) will eliminate hustling by drivers for fares.

Silver Airways adds two routes to Family Islands

A US airline has added two non-stop routes to the Family Islands from Orlando this past weekend.

Craig Flowers and FML face winding-up petition

FML's ex-chief operating officer has filed a Supreme Court petition to have the web shop chain wound-up as his five-year legal battle with Craig Flowers escalates into a new phase.

Court of Appeal stays Gibson corruption trial

THE Court of Appeal stayed Adrian Gibson’s corruption trial yesterday pending the outcome of his appeal of a ruling from Justice Cheryl Grant-Thompson.

No diesel as retailers ‘run out of fuel’ waiting on margin help

HIGH fuel costs and the government’s failure to address margin concerns prompted some petroleum retailers to stop selling diesel yesterday, according to Bahamas Petroleum Retailers Association President Raymond Jones.

Perry Newton: ‘So far it’s been a very good year’

Despite the fact there has been some turmoil in the Bahamas Lawn Tennis Association over the past few years, Perry Newton is still determined to manoeuvre through the storm to carry out his mandate as president.

Flag football teams make final push for playoffs

After eight weeks of flag football action courtesy of the Bahamas Flag Football League, teams used this past weekend to see where they measure up against each other.

Arbitration ‘key tool’ for economic benefit

Arbitration is an "important tool" that will improve The Bahamas' competitiveness, ease of doing business and slash the time and money incurred by companies in pursuing expensive court litigation, a Cabinet minister asserted yesterday.

INSIGHT: Atlantis throwing its weight around over competitors

THE waters around Atlantis seem far from peaceful these days.

WORLD VIEW: 1.5°C is upon us - are we prepared?

THE report on May 17, from the World Meteorological Organization, (WMO) that global temperatures are likely to surge to record levels in the next five years should have sent all Caribbean institutions, such as the CARICOM Secretariat, the Caribbean Development Bank, and the Caribbean Community Climate Change Centre, into overdrive to explore further ways in which the region could accelerate efforts to avert this calamity.

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