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Joaquin insurance loss stands at $14m
The Bahamian insurance industry is currently pegging gross losses caused by Hurricane Joaquin at $14 million, a sum equivalent to just 23 per cent of the initial $60 million damages estimate.
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Eliminate VAT need via 70-80% tax compliance
The Tax Coalition’s co-chair has suggested that increasing tax compliance rates to 70-80 per cent under the existing system would eliminate the need for Value-Added Tax (VAT) or any other revenue reforms.
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Atlantis hits out at BPL after outage
The Atlantis resort has hit out at Bahamas Power and Light following Friday night’s island-wide power outage.
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Higgs on scoring spree in NCAA
The recent scoring spree continued for Lashann Higgs as she led her No.8 Texas Longhorns to another conference win.Higgs finished with a team high 26 points in the Longhorns’ 75-64 win over the Kansas State Wildcats at the Bramiage Colesium in Manhat
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Freeport store releases 22 due to 90% fall-off
A major Freeport hardware and supply store has been forced to let more than one-third of its employees go after Hurricane Dorian wiped out 90 percent of its revenue and inventory.
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Fortify coast for economic growth
The Bahamas’ growth and economic diversification “depend” on fortifying its coast against natural threats, the Inter-American Development Bank (IDB) noting that 60 per cent of its gross domestic product (GDP) is generated by these areas.
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DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012
By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti
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DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012
By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti
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Alex Smith on short list of options for Denver Broncos
WITH the NFL offseason in full swing, one veteran player with Bahamian roots looks to continue his career as a journeyman reserve. Alex Smith has emerged on the short list of options for the Denver Broncos as they look to replace acclaimed rookie tight end Jeff Heuerman.
Obit
George Ivan Davis
Funeral Service for the late George Ivan Davis aged 86 years of Wind Cool Avenue, Koolair Subdivision will be held on Saturday July 6th 2019 at 10:00 a.m. at Central Gospel Chapel, Dowswell and Christie Street. Officiating will be Pastor …
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Out Islands 115MW bid launch ‘fantastic’
Abaco’s Chamber of Commerce president yesterday hailed the launch of a bidding process for Out Island microgrid, renewable and clean fuel generation as “fantastic”, adding: “I can’t wait for it to start.”
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BSC Classic opens with huge victories
WHILE their co-ed team continued where they left off last year, St Paul’s men avenged their championship loss by pulling off two huge victories to start the Baptist Sports Council’s 2014 Softball Classic.
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NHI’s $130m price tag ‘just govt's exposure’
The Minister of Health has confirmed that the much-touted $100m-$130m price tag for National Health Insurance (NHI) only covers “the government’s exposure” to the scheme.
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Jones: ‘We are taking it one game at a time’
Jonquel reacts to Game 2 loss
Jonquel Jones and the Connecticut Sun are once again facing a must-win situation to keep their 2022 season alive.
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Firearms task force ‘to create safer Bahamas’
PRIME Minister Philip Davis said the success of a firearms task force will make fighting illegal weapons more likely by providing a coordinated and comprehensive approach to the problem.
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$2.5m impact blunts Bahamas First profit
Bahamas First Holdings yesterday said it shrugged off a collective $2.5 million ‘hit’ from Hurricane Sandy and various investment/commission decreases to hit “90 per cent” of its 2012 comprehensive income target.
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Tank says judges' unanimous decision 'ridiculous'
SHERMAN ‘The Tank’ Williams said he threw enough “conch punches,” but was highly disappointed in the judges, calling it “ridiculous” after he suffered an unanimous 10-round decision to hometown favourite Joseph Parker at The Trusts Stadium in Auckland, New Zealand, on Thursday night.
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Briland hotelier: ‘Will bubble pop?’
A prominent Briland hotelier yesterday said tourism operators “don’t know whether a bubble is going to pop” with resorts continuing to enjoy “unheard of” bookings for the summer months.
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Bahamas to get $60m from IDB during 2016
The Inter-American Development Bank (IDB) plans to approve close to $60 million in loans to the Bahamas this year, its president said yesterday, adding that it currently has a portfolio worth $253 million in this nation.
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‘Ed Sky’ wins on Valentine’s
In memory of the late Edgar Moxey, who was buried last week, Ed Sky was the first of two boats to catch the Campari Lady Nathalie en route to winning her first major regatta.
