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Marathon Bahamas: Bank awards student relay winners

CONTINUING its effort to engage student athletes in the fight against cancer, Scotiabank awarded its student relay winners in the sixth annual Sunshine Insurance Race Weekend.

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Over 170 entries for Bahamas Carnival song competition

IT HAS taken Bahamian artists just eight weeks to write more than 170 songs for entry into the Bahamas Carnival Song Competition, and tomorrow is the day we finally find out who won the contest and the $20,000 cash prize.

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EDITORIAL: A Republican rout - but what next?

Last week, most of the attention in the American political world was on the biggest, most significant election of this year.

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‘The Promise’ delivers

“THE PROMISE” delivered, but it wasn’t enough to prevent his Arizona Wildcats from being the second ranked team to fall on day one of the 2017 Battle 4 Atlantis, presented by Bad Boy Mowers.

Obit

WILLIAM EMERSON GIBSON

Death Notice for MR. WILLIAM EMERSON GIBSON, 84 of Marsh Harbour, Abaco, died at the Princess Margaret Hospital on Monday, September 11th, 2017. He is survived by his Sons: Anthon, Ferdinan and Shawn Lightbourn and Ricardo Scott; Daughter: Cleopatra Burrows; …

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Bahamas Water Polo team off to CARIFTA

WITH a chance to compete with some additional teams from the Florida area, the Bahamas will join three other teams from the Caribbean to participate in the 2023 Under-14 Co-Ed CARIFTA Water Polo Championships.

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Top executive named at Small Business Centre

The government and its partners have named Davinia L Blair as executive director (ED) of the planned Small Business Development Centre (SBDC).She will head the centre, a partnership initiative with the University of The Bahamas (UB) and Bahamas Chamb

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Customs duties under 20% ‘not a far stretch’

Slashing Customs Duty rates below 20 per cent when Value Added Tax (VAT) is introduced is “not a far stretch”, a senior Ministry of Finance official said yesterday, adding that shifting the tax burden services should reduce the levy on imported goods.

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PM insists resolution to the Baha Mar saga is ‘imminent’

PRIME Minister Perry Christie has said he believes the Export-Import Bank of China is prepared to present a possible buyer for the beleaguered $3.5 billion Baha Mar resort, as he declared a resolution to the Baha Mar debacle is “imminent”.

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Row ends with man shot dead

POLICE are investigating the circumstances surrounding a shooting that left a man dead on Monday night.

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BREA chief: Do ‘admirable thing’ for existing deals

The Bahamas Real Estate Association’s (BREA) president says it will be “the admirable thing to do” for the government to “honour” current VAT rates on high-end deals agreed before the budget’s unveiling.

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Bahamas First severs Colina General tie-up

Bahamas First has issued Colina General Insurance Company with 90 days’ notice that it plans to terminate their agency relationship because of the latter’s parent re-entering the underwriting business.

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Revived provider targets ‘100-plus’ staff in next year

A rejuvenated Bahamian communications provider yesterday said it plans to expand its workforce to 100-plus persons over the year, and invest $3 million in completing its network roll-out.

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Bahamasair’s revenue off a ‘staggering’ $32m

Bahamasair’s “staggering” financial losses continue to mount, its chairman revealed yesterday, disclosing that revenues for its just-completed 2020 financial year were down $32m compared to 2019.

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Oil exploration 'not in country's interest'

A University of The Bahamas (UB) professor yesterday said that exploratory oil drilling is “absolutely against our best interest” as a country due to the nation's climate change vulnerabilities.

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Port ‘revving up’ for $563k revenue boost

The Nassau Container Port is eyeing a $563,000 annual top-line boost after a two-year effort succeeded in bringing 90 per cent of auto-carrying vessels to its docks.

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BOB allows for two ‘minority’ directors

Bank of the Bahamas will hold an Extraordinary General Meeting (EGM) within the next 90 days to elect two minority shareholder representatives to its Board of Directors.

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American Airlines adds Nassau flight

American Airlines began taking bookings at the weekend for the return of its year-round service between New York’s LaGuardia Airport and Nassau, which will resume on December 22.The carrier, in a statement, said it will operate a Saturday-only flight

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Avoid furlough end ‘double whammy’

The Grand Bahama Chamber of Commerce’s president has warned that the furlough period’s end must be “well thought-out” to avoid inflicting a “double whammy” on workers and businesses.

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S&P goes ‘negative’ on Bahamas as debt ratio rises 11% pts

Wall Street last night forecast that the Bahamas’ net government debt would hit 45-47 per cent of GDP by 2013-2014, a double digit rise in three years, as one rating agency slashed its economic outlook on this nation to ‘negative’.