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Cable Beach developer eyes $70m sales goal
The Balmoral’s principal yesterday said he anticipated earning $65-$70 million in total sales revenues from his new luxury condominium project, having sold 28 per cent of available units prior to its launch.
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$110m collected in VAT in first three months
THE government has collected $110m in value added tax payments during the first three months of the year, Prime Minister Perry Christie told the House of Assembly yesterday.
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Matthew gives Bahamas $300m reinsurance boost
The Bahamas Insurance Association’s (BIA) chairman has estimated that this nation will benefit from a $300 million foreign currency inflow from reinsurers as a result of Hurricane Matthew.
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Bahamas broker 'pliant' in claimed investment fraud
The broker/dealer subsidiary of a BISX-listed company has been described by US regulators as “the pliant custodian” for an investment group accused of perpetrating an $140 million fraud, one investor alleging that it also failed to respond to its asset verification requests.
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Atlantis targeting $130m investment by end-2018
Atlantis’s top executive yesterday revealed that the Paradise Island destination resort is likely to invest a further $130 million to upgrade its amenities by 2018 year-end.Howard Karawan, its president and managing director, said “north of $80 milli
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Air conditioning unit thieves must pay up or cool off in prison
THREE men who admitted to stealing two air conditioning units and posting them online for sale at a reduced price were ordered to pay fines of a combined total of $4,000 or risk spending six months in prison.
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Jones and Sun top Sparks 84-75 in Game 1 of WNBA semi-finals
UNCASVILLE, Conn. (AP) — Alyssa Thomas had 22 points and grabbed 10 rebounds to lead a balanced Connecticut offence and the Sun opened the WNBA semi-finals with an 84-75 win over the Los Angeles Sparks last night.
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Cases of sex infections reduced over ten years
THE public healthcare system recorded 2,169 sexually transmitted infections in 2022, 61 per cent –– or 1,320 –– of which were syphilis cases.
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New operating theatre for Rand
A new fully-equipped modular operating theatre donated to the Rand Memorial Hospital by Direct Relief (DR) was officially turned over to the Ministry of Health on Wednesday.
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Aliv chief 'confident' BTC sharing woes 'now behind us'
ALIV’s top executive yesterday said he was “confident” obstacles to sharing infrastructure with its main rival had been overcome, with the mobile upstart poised to “conquer” its targets.Damian Blackburn told Tribune Business that many co-location and
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Welcome home Team Bahamas!
The CARIFTA track and field team, managed by Doris Rolle-Ramsey and coached by John Ingraham, returned home yesterday to the delight of a welcome reception at The Poop Deck at Sandyport.
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COLEBY EARNS ANOTHER TRIP TO BIG DANCE IN MIDDLE EAST
NEW club, same result for Kadeem Coleby as he earned another trip to a championship series in the Middle East.
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Kai Jones and no.8 Texas top no.3 KU 84-59
NCAA Division I basketball opened conference play for most programmes and several Bahamian student athletes were back on the court with standout performances, highlighted by Kai Jones and an historic win for his Texas Longhorns.
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Bahamas downgrade hits cruise port costs
The Bahamas’ sovereign credit downgrade has increased the Nassau Cruise Port’s financing costs to a level “never” considered just 90 days ago, its top executive has revealed. Michael Maura, the cruise port operator/developer’s chief executive, told
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100 Jamz celebrates 19 years of trend setting
OCTOBER 12 is celebrated annually as Discovery Day in the Bahamas, but it has special significance for another reason. The government broadcasting monopoly ended on October 12, 1993 when 100 Jamz became the country’s first private radio station.
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Baha Mar liquidators decline extension for Breezes land transfer
BAHA Mar’s secured creditor wanted liquidators to remain in place until the land swap with SuperClubs Breezes is completed - a request they were reluctant to comply with.
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14 more COVID-19 deaths confirmed
FOURTEEN additional people have been added to the nation’s COVID-19 death toll, according to data released by the Ministry of Health yesterday.
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Team Bahamas tops Suriname 72-57 at the CBC
THREE games and three blowout wins thus far for the Bahamas’ senior men’s national basketball team as they continue to dominate regional competition at the Caribbean Basketball Confederation Championships.
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One-third of dormant taxi plates ‘rescued’
One-third of the 90 dormant taxi plate holders have paid-off arrears owed to the Government within 48 hours of being warned they would otherwise lose these assets.
