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Tourism softness: Nassau/PI room revenues off 7%
Hotel room revenues on Nassau/Paradise Island fell by 7 per cent year-over-year to end-July 2017, amid warnings of “sustained softness in tourism”.The Central Bank of the Bahamas, in its monthly economic report for August, said data from a group of m
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Chamber advocates 'dual' VAT system
The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) yesterday advocated that the Government implement a ‘dual taxation’ system via Value-Added Tax’s (VAT) introduction, with “private individuals” continuing to pay full customs duties on their imports.
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BTVI chief: Construction courses to ‘boom’ in ‘22
The Bahamas Technical and Vocational Institute’s (BTVI) president yesterday said he is focused on preparing students to exploit opportunities from foreign direct investment (FDI) projects.
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CIBC suffers major loss amid $94m dividend wait
CIBC FirstCaribbean International Bank (Bahamas) plunged to a $63.543m net loss for the year to end-October 2020 as it awaits permission to pay almost $94m in total dividends to shareholders.
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THE PRESS BOX: Some of the latest Draft rumblings from Cowboy ranch
AFTER a fast and furious and, more importantly, successful second week in NFL free agency, the Cowboys aren’t done yet. • Here’s some of the latest rumblings, Draft and free-agent wise, straight from the ranch. WAIT THERE’S MORE Dallas is still
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McCuin and Rebels win NCAA season opener
The 2019-20 NCAA Division I basketball season tipped off Tuesday night and Bahamians were figured prominently for their respective programmes both on the sidelines and on the floor in various conferences across the United States.
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Burrows makes debut in Finnish league
SEVERAL basketball leagues have tipped off on the international circuit and one prominent Bahamian national team member was the latest to debut.
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Five-month delay sought in Vasyli murder case
THE Office of the Attorney General’s “Swift Justice” initiative came under scrutiny yesterday when senior counsel from that office sought a five-month delay of a high-profile Old Fort Bay murder case because of an outstanding forensic evidence report.
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Payroll errors costing taxpayers near $120m
Salary and payroll errors are costing Bahamian taxpayers around $120m per year, the Government’s top finance official disclosed yesterday, as he blamed the wastage on too many systems that are not linked to each other.
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Hugh Campbell Classic ‘off to sizzling start’
THE prestigious Hugh Campbell Basketball Classic got off to a sizzling start as some of the top senior boys’ teams made their early statements over the weekend at the Kendal Isaacs Gymnasium.
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Compass Point owner 'speaks for 85% of us'
Compass Point’s owner is speaking for “85 percent of business persons in The Bahamas”, the DNA’s ex-leader asserted yesterday, adding: “I sympathise with him big time.” Branville McCartney told Tribune Business that Leigh Rodney’s decision to go pub
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Super Value chief's 'not given up' on Harbour Bay lease
Super Value's president has "not given up hope" that he could yet take over the former City Markets' lease at the Harbour Bay Shopping Centre, telling
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One&Only staff ‘pretty supportive’, says manager
ONE&ONLY Ocean Club employees were yesterday said to be “pretty supportive” of the changes at the Paradise Island-based property, as the luxury hotel’s general manager dismissed talk of low employee morale ahead of the hotel’s anticipated reopening after four and half months.
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Baha Mar interest like ‘beauty parade’
A Bahamian QC yesterday likened buyer interest in the $3.5 billion Baha Mar property to “a beauty parade”, while its former developer was left distinctly unimpressed by the latest winding-up petition adjournment.
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Bahamas urged to adopt corporate ‘rescue culture’
The Bahamas needs to begin moving towards a “rescue culture” and create Chapter 11 -style legislation that will allow companies to restructure rather than go into receivership or liquidation, a senior Bahamian accountant argued yesterday.
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Portraits draw the crowds to ‘Sports Legends Walk’
ONE of the highlights of last week’s naming ceremony of Mychal Thompson Boulevard was the unveiling of 28 specially commissioned portraits by Jamaal Rolle of Bahamian sporting stars adorning the “Sports Legends Walk” at the Queen Elizabeth Sports Centre.
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Baha Mar liquidators: We won’t submit to Delaware
Baha Mar’s provisional liquidators have warned the Delaware Bankruptcy Court that they will not submit to its jurisdiction, and that they will challenge the “jurisdiction” of its decisions and Orders over them if necessary.
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Bahamians receive postseason honours
A GROUP of Bahamian players played a prominent role on the Tallulah Falls varsity boys’ baseball programme and were recognised with postseason awards for their outstanding 2022 season.
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Ready to celebrate Pompey Day?
WITH the reconstruction of Pompey Museum well underway, the Antiquities, Monuments and Museum Corporation will hold a Pompey Day to celebrate the preservation of the country’s rich history.
Obit
Pastor Dr. Mark Anthony Bethel
Funeral Service for the Late Pastor Dr. Mark Anthony Bethel, 56, of #47 Seabreeze Drive, will be held on Saturday July 21st, 2:00 p.m. at Bahamas Faith Ministries International, Carmichael Road. Pastor Dr. Myles Munroe, Pastor Dr. Richard Pinder and …
