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Load shedding continues while BPL works to restore generation in North Andros
A WEEK after a catastrophic fire damaged Bahamas Power & Light’s facilities in North Andros, electricity has not been fully restored on the island.
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Learning from the best at LPGA Classic event
AROUND 90 students took part in a Junior Golf Clinic at the 2014 PureSilk-Bahamas LPGA Classic, held at the Ocean Club Golf Course, Paradise Island yesterday.
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Baha Mar accepts 300 into Gaming Academy
Baha Mar’s Gaming Academy yesterday welcomed 90 persons to its first free casino dealer training programmes.
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2015/2016 BUDGET: Deficit slashed by two thirds
In his 2015/2016 Budget communication on Wednesday, Prime Minister Perry Christie told the House of Assembly that the Bahamas' budget deficit has been slashed by nearly two thirds.
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Air Canada’s pause ‘certainly bad news’
A senior tourism official yesterday said he would have been more “worried” if Air Canada had suspended its weekly Exuma flight for commercial reasons rather than COVID-19.
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Bahamas 'rises from captives extinction'
The Bahamas has “risen from extinction” in captive insurance, a leading industry player said yesterday, with this nation’s growth rate over the past three years “exceeding any other jurisdiction”.
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‘Right church, wrong pew’ over second GB marina
A Grand Bahama investor yesterday said he has yet to receive a satisfactory offer for his second marina asset, revealing: “They’re in the right church, but sat in the wrong pew.”
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Bell concerned by rapes spike
STATE National Security Minister Keith Bell yesterday stood by his earlier comments that there has been a recent spike in rapes, but insisted that Police Commissioner Ellison Greenslade was correct when he told reporters that the overall reported cases of the crime are down.
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University of the Bahamas Mingoes rout island game pros 89-70
COACH Baccus Rolle said he knew sooner or later his University of the Bahamas Mingoes would explode against the Island Game Pros. He just didn’t know when.
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Chamber proposes Joaquin ‘stimulus’
The Government has been urged to expand Hurricane Joaquin-related tax breaks to storm-devastated businesses, with the private sector also calling for an amended relief model that would act as an “economic stimulus” throughout the Bahamas.
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Collateral Registry hailed as a ‘tremendous move’
The Central Bank’s plan to boost small business access to financing by creating a movable Collateral Registry was yesterday hailed as “a tremendous step in the right direction” provided it is accompanied by the necessary training.
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Profits triple as BAF's 'sleeping giant awakes'
Profits triple as BAF's 'sleeping giant awakes' By NEIL HARTNELL Tribune Business Editor BAF Financial's owners believe they have "awoken the sleeping giant" during their first five years at the helm, "tripling profits" and doubling total assets to $150
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SPORTING MISCHIEF & MAYHEM: Romo and Cowboys’ 1st round pick for JJ Watt makes whole lot of sense
THE long NFL offseason is upon us and, between now and the NFL Draft in April, there will be millions of trade rumours swirling.
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DPM: Boat fee rises 'strike fair balance'
The deputy prime minister yesterday argued that the government had “struck a fair balance” on the increased boating and cruising permit fees revealed this week.K Peter Turnquest said the prior fee structure had not been altered for some time, leading
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Shell: Bahamas 'front runner' on clean energies
A Shell executive yesterday said The Bahamas can be “a real front runner” in adopting cheaper, more environmentally-friendly fuels through New Providence’s proposed new multi-fuel power plant.Markus Hector, Shell LNG marketing and trading’s general m
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‘Grave bearing’ for shipping’s safety
The Nassau Container Port’s top executive yesterday called for long-needed repairs to the harbour’s breakwaters to become a high-priority item given the “grave bearing” for shipping safety.
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Fiscal calamity just ‘one disaster away’
The Government’s proposed hurricane reconstruction bond shows the Bahamas is “one disaster away from financial disaster”, the Opposition’s finance spokesman said yesterday.
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North Abaco’s resorts ‘in crisis’ on airlift
North Abaco tourism is “in crisis and danger of collapse” over the lack of affordable airlift, one resort operator yesterday telling Tribune Business: “We’re running at 20 per cent occupancy right now due to the lack of available airlift”.
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Halkitis: No viable option other than VAT
APART from the imposition of Value Added Tax (VAT), the Bahamas has no other viable option to spark the required streams of revenue it needs to arrest government debt, according to State Finance Minister Michael Halkitis.
