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COVID shutdown for auto dealer’s ‘major generator’
One of an auto dealer’s “two major generators” has likely been forced to close until tomorrow after almost one-third of staff tested positive for COVID-19 amid the latest case surge.
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DIANE PHILLIPS: The lighter side of soppy
VALENTINE’S Day came and went. Did you notice? No, neither did we. It was probably because it was on a Monday and a Monday that followed the Super Bowl no less. I mean, how much excitement can one body handle?
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INSIGHT: Feeling safer? I’m amazed Minnis could say that with a straight face
WITH the nation on pace for its lowest murder count in a decade, the government has much to be proud of with regard to its crime fighting efforts. The previous government campaigned and won the 2012 election largely on an empty promise to eradicate crime. Unfortunately, we all know how that panned out. Successive murder records were set under the former administration and fear was at an all-time high with rapes, robberies and murder rampant throughout the country.
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INSIGHT: Playing it safe when friends fall out
SPECTATORS of the mounting tension between economic superpowers – the United States and China – have had much to talk about this week with both countries trading barbs in the lead-up to President Donald Trump meeting Caribbean leaders in Palm Beach on Friday.
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Shameful: Deal is essentially a giveaway, slams Hanna Martin
THE Minnis administration negotiated miserably on behalf of Bahamians, producing a “shameful” deal, Englerston MP Glenys Hanna Martin has said as she slammed the Disney Island Development agreement for South Eleuthera.
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Port winner ‘not worried one drop’ by cruise islands
The winning Nassau cruise port bidder’s chairman yesterday said he is “not worried one drop” about the rapid expansion of the industry’s private destinations, adding: “We’ll see who wins.”
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Redundancy pay cap revisit 'not great idea'
The Chamber of Commerce’s chief executive yesterday said it was “not a great idea” for the Government to be talking about increasing the redundancy pay cap “so soon” after its predecessor abandoned similar plans.Edison Sumner told Tribune Business th
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Bahamas 'drowning in unnecessary spending'
The Deputy Prime Minister has slammed the Opposition’s leader for raising fears of a “double-dip recession”, arguing that the Bahamas had endured negative growth for the past five years due to the former administration’s “ill-advised policies”.K P Tu
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Bahamas facing $500m climate impact by 2025
Climate change impacts could cost the Bahamian economy almost $500 million annually by 2025, the Inter-American Development Bank (IDB) has warned, with “badly designed” infrastructure and coastal erosion increasing the threat.
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‘No complaints’ on 72% profits decline
Bahamas First’s chief executive was yesterday “not complaining at all” despite a 72 per cent fall in total comprehensive income for 2016, driven by a one-third increase in net claims stemming from Hurricane Matthew.
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Exuma resort buyer eyes $700k upgrades
The prospective purchaser of Exuma’s Club Peace & Plenty resort yesterday said it was planning $700,000 worth of upgrades to revitalise the destination and make it “the premier property in Georgetown proper”.
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Unlicensed dealers seize 40% auto market share
The Government was yesterday urged to crack down on “out of control” roadside auto vendors, a leading dealer estimating they now accounted for 40 per cent of the total market.
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Ex-Robin Hood owner is ‘done’
THE owner of the former Robin Hood retail chain says he is “done” and preparing to leave the Bahamas, after his latest format held a ‘liquidation sale’ at the weekend.
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Storm sparks new downgrade fears
The multi-million dollar damages inflicted by Hurricane Matthew have again exposed the Bahamas to the “extremely frightening” prospect of a ‘junk’ credit rating downgrade, a well-known businessman feared yesterday.
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BPL: We will have 75% restored by weekend
AS thousands of Bahamians continue to grapple with conditions left behind by Hurricane Matthew made harder in the absence of electricity, Bahamas Power and Light Ltd said the company aims to have 75 per cent of customer services restored by the end of the week and outlined its plan to reconnect the remaining 25 per cent.
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INSIGHT: Keeping visitors safe from robbers and rapists is a cost hotels must meet
Protecting tourism from criminals in The Bahamas is paramount for the country’s economy and reputation as a destination. Paul Thompson suggests government security surveys of hotels would help prevent major incidents . . .
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STUBBS OPINION: 'We could have structured our team in a better way to combat Jamaica'
SO it was all business once again for the Jamaicans...
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Devin Mullings is No. 1
THE draw got harder but Devin Mullings proved once again why he’s the top male tennis player in the country.
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VAT's $500m wealth redistribution to 'Cause a recession'
The Government’s plans to raise an extra $500 million in annual tax revenues buy 2017 will “definitely cause a recession”, a prominent businessman warned yesterday, as it represents a massive wealth transfer to the public sector.
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Nassau Palm buyer targeting Hilton
The investors behind the Nassau Palm’s purchase have submitted a multi-million dollar offer to buy the nearby British Colonial Hilton, Tribune Business can reveal.