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Bahamians set to play for Great Britain

FOR the third time because the country is not eligible to field a team as yet, the Bahamas will have some players and a coach representing Great Britain at the World Baseball Classic.

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Agreement for $100m sale of Grand Lucayan Resort

ELECTRA America Hospitality Group has made a $100M purchase offer for the Grand Lucayan Resort at Grand Bahama.

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‘Buddy’ headlines training camp for Sr Men’s National Team

MIAMI, Florida — The Bahamas senior men’s national basketball team is back on the path toward FIBA World Cup 2023 qualification and that journey began in earnest this week with an offsite training camp.

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Banks’ fee income doubles in decade

Bahamian commercial banks are generating an ever-increasing share of their income from the fees detested by many consumers, which now account for more than $1 out of every $5 in earnings.

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Speaker’s comments were wrong

I would appreciate the publication of this open letter in The Tribune addressed to House Speaker Patricia Deveaux for her criticism of Public Officer Mr. Stephen Russell, Director of The Bahamas National Emergency Agency, for his handling of the recent tornado that hit our island.

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Dirty money - The biggest policy failure of all

THE Central Bank’s former chief enforcer says the US and UK are the biggest recipients of “dirty money” and suggests racial bias against countries like The Bahamas in anti-money laundering (AML) programmes.

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Six week closure to ease 'tremendous Wyndham Pressure'

Baha Mar yesterday said its six-week temporary closure of the Wyndham Nassau Resort and Crystal Palace Casino at the tourism cycle’s “lowest point”, a move impacting around 1,000 employees, will alleviate the “tremendous pressure” caused by underperforming business levels and nearby construction.

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Playground politics

THE Progressive Liberal Party attacked the former government’s performance with great success in the run-up to the election. But now that they hold the reigns, Christie and Co find themselves reverting to schoolyard tactics in an attempt to justify adopting some of the very actions they condemned. Insight reports...

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BORCO targets 20-30% tanker traffic growth

The Bahamas Oil Refining Company (BORCO) is the “ideal location” to service the expected 20-30 per cent increase in tanker traffic resulting from the Panama Canal expansion, its owner yesterday describing the facility as the “optimum spot” for a bunker filling station and crude oil ‘top up’ unit.

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$50m project to 'strongly target international market

More than $50 million will have been invested into an eastern New Providence real estate development by year-end, its chief executive telling Tribune Business

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Economy 'not over hump' despite 2.8% growth claim

BAHAMIANS must not think the economy is "over the hump" despite projections it will grow by 2.8 per cent in 2012, a senior private sector official yesterday saying current anemic activity was likely to persist for "another 12-18 months".

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Doctors targets $3.2m incapital upgrades for 2012

Doctors Hospital is planning to invest $3.2 million in capital projects during its current financial year, as it kicks-off "phased" expansion plans with two new

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Developer invests $53m into Bahamas economy

New Providence Development Company (NPDevCo) has told Tribune Business it has invested $53 million in the Bahamian economy via its water franchise and Old Fort Bay Town Centre venture, with an $8.2 million wastewater treatment facility “nearing completion”.

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Sole Bahamian entrant aims to 'break the mould'

The sole Bahamian entrant to a Caribbean-wide competition designed to enhance the region's export potential with Europe has made the initial 'final 30' cut, its pro

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Direct airlift could increase Long island hotel revenues 20-25%

Direct airlift from Florida would boost annual revenues at all Long Island tourism properties by 20-25 per cent in the long-term, the Long Island Chamber of Commerce’s president told Tribune Business yesterday.

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BLTA plans 'coin plus drive' to assist Baldacci's medical expenses

THERE has been no one who has freely given more of his time, energy and resources to the development of tennis in the country than Giorgio Baldacci. Now the Bahamas Lawn Tennis Association is asking the country to give back to the ailing coach and administrator.

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‘Barely scratching surface’ on Sand Dollar’s adoption

The Bahamas is “barely scratching the surface” of the Sand Dollar’s potential, payment providers asserted yesterday, with the digital currency needing more “high traffic” merchants to accept it to drive adoption.

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‘No one cares about the women’ on national basketball team

AFTER all of the sacrifices made and the hard work that they put in, head coach Donillo ‘Donnie’ Culmer said he’s disappointed that the Bahamas Basketball Federation pulled the plug on their trip to Mexico for the Centrobasket tournament.

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Team Bahamas named for 4th Caribbean Baseball Cup

Team Bahamas is ready to take on the region at the 4th Caribbean Baseball Cup.

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BRISTOL PREMIER'S 'BEST OF THE BEST'

By NEIL HARTNELL Tribune Business Editor Bristol Wine and Spirits is aiming to showcase "the best of the best" in its wine and spirits portfolio through next week's 'soft opening' of its one-acre Premier Cru venue on Gladstone Road, its president yesterd