"%EC%84%9C%EC%9A%B8%EC%B6%9C%EC%9E%A5%EB%A7%8C%EB%82%A8%E3%80%90katalk%3AZA32%E3%80%91" | Search

Haitian captain, crew charged in connection with $1m drug seizure

A HAITIAN captain and his crew of seven countrymen appeared in Magistrate’s Court yesterday to be arraigned in connection with a $1million cocaine seizure last weekend.

‘Bahamians are natural athletes...I think we can start at a later age and still excel’

AS MORE and more Bahamians explore the path to football stardom in Canada, one player that has reached the pinnacle of the sport reflected on his third and perhaps best season to date.

Bahamas faces recession if US falls over ‘fiscal cliff’

The US could tip the Bahamian economy back into recession within eight months unless Washington reaches a deal by tonight to avert its so-called ‘fiscal cliff’, a former finance minister has warned.

BORCO revenues up 14% for Q1

The Bahamas Oil Refining Company (BORCO) produced a 14.3 per cent year-over-year revenue increase to $52.7 million for the 2013 first quarter, as it awaits the likely recovery of a $5 million insurance deductible.

Hilton sale decision by month's end

The British Colonial Hilton’s owners will decide by month’s end which of the three bids to acquire Bay Street’s ‘anchor property’ they will accept, Tribune Business can reveal.

Allen Cay saved from invasive mice

ALLEN Cay has been declared free of damaging, invasive house mice thanks to a partnership dedicated to restoring the cay’s natural environment, seabirds, and endangered iguanas.

20 year anniversary for top recording studio

By JEFFARAH GIBSON

BPC's share price 'affected by both govt's stances on oil drilling'

SHARE prices at the London-listed Bahamas Petroleum Company have been negatively affected by both government’s stances on oil drilling, company CEO Simon Potter said – adding that the prices will rise if oil is found and that shares will be available to Bahamians in “the next few months”.

Multi-million bidding war erupts for Hilton

A bidding war has erupted for downtown Nassau’s British Colonial Hilton resort, with at least two rival groups - one said to have Bahamian involvement - emerging to challenge the $74 million offer submitted by a multi-billion New York asset manager.

Has the public tender been abandoned at NIB?

NATIONAL Insurance’s first forensic report is yet to be completed, but what is now happening at NIB, observed a concerned Bahamian yesterday, is paving the way for another forensic review at the end of this government’s five-year term.

Building permit fee rise of 15-25% 'not unreasonable'

An increase in building permit fees is “not unreasonable” if kept to between 15-25 per cent, a leading architect said yesterday, urging that any rise be linked to service and efficiency improvements at Building Control.

Oil explorer: Deal is 50/50 profit sharing

The Bahamas Petroleum Company (BPC) yesterday said its original agreement with the Government effectively gave this nation a 50/50 profit split if it discovered commercial quantities of oil, adding that its investors were putting “hundreds of millions of dollars” at risk.

Property tax amnesty 'can be more generous'

A leading accountant yesterday said the Government should be “collecting a lot more revenue from real property tax”, praising it for its plans to combat this but also noting that its incentive programme could “have been more generous” towards current payers.

Spanish chain takes over from Sheraton

BAHA MAR yesterday announced it had reached an agreement with the Spanish chain, Meli� Hotels International, to become the new brand/operating partner for its 694-room Cable Beach property, ending the current relationshi with Starwood Hotel & Resorts’ Sheraton.

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