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Downtown derelicts
For over ten years many of us have been staring at the decaying structures blighting eastern Bay Street, and agitating for their reconstruction, replacement, or demolition. Never seeing any action, our eyes now just glaze over as they scan the continuing dilapidation in the Zombie Zone.
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Forum discusses amendments to insolvency regime
The Restructuring and Insolvency Specialists Association (RISA Bahamas) has held its first roundtable discussion on proposed reforms to The Bahamas’ insolvency framework.
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MAYNARD: ROAD TO BE RENAMED FREEDOM FARM WAY
DURING the opening of the Freedom Farm Baseball League on Saturday, Minister of Youth, Sports and Culture, Charles Maynard confirmed that the road from Yamacraw Road leading to the field will be renamed Freedom Farm Way. Mr Maynard, however, did not discl
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Work on London residence to cost Bahamas $247,000
PRIME Minister Perry Christie said the structural work on the Bahamas High Commissioner’s residence in London – which he claimed had been delayed for more than four years by the former government – will cost around $247,000 (£159,000).
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BEC: Over 60% of clients were 'non-performing'
MORE than 60 per cent of the Bahamas Electricity Corporation's (BEC) 102,444 customers were over 90 days past due in paying their bills at the recession's peak, it has been revealed, with the monopoly power provider seeing a major decrease in its current solvency deficiency to $17.75 million at the end of its 2010 financial year.
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Don't wait 90 days to hire, then fire
Most people would agree that hiring is one of the more challenging parts of running a business. Hiring a sales team member is even more challenging because you are interviewing people who are supposedly good at selling.
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TOUGH CALL: Another set of islands another set of solutions
KIRKWALL, Orkney – Visiting this remote group of islands off Scotland’s northeast coast recently, I was struck by some remarkable similarities to the Bahamas.
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Water Corp sees cash collections decline by $6m
The Water and Sewerage Corporation continues to endure COVID-19’s “devastating impact” on cash collections which have decreased by 24 percent or nearly $6m year-to-date, its executive chairman said yesterday.
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More than $600,000 spent on hurricane repairs so far
MORE than two months since the passage of Hurricane Joaquin, Prime Minister Perry Christie said the government has so far spent $625,363 to either repair or begin rebuilding homes that were damaged when the storm hit.
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PM: Grand Lucayan sale a ‘positive step’
Prime Minister Perry Christie said yesterday that the Government views the impending sale of the Grand Lucayan as a “positive step forward”, with major hotel and casino investors and operators potentially creating “renaissance in Grand Bahama tourism”.
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Sir William to focus on telecom ‘pioneer’
SIR William Allen is stepping down as Fidelity Bank (Bahamas) chairman at next month’s annual general meeting (AGM) so he can devote more time to the telecommunications start-up he has “pioneered”.
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Summer of Thunder: Undefeated PJ Stingers lead the charge
JUST two weeks in, the 2015 edition of the Bahamas Basketball Federation’s Summer of Thunder has been the most successful for Bahamian teams since the event began seven years ago.
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Baha Mar's contractor relations hit new low
Relations between Baha Mar and its Chinese partners hit a new low last night, after it blamed the lead contractor for forcing it to abandon plans to open the $3.5 billion development this Friday.
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Renewed call for copper ban after man electrocuted
TALL PINES MP Leslie Miller yesterday renewed calls for a ban on copper following the electrocution of a man during an attempt to steal copper from the Bahamas Electricity Corporation on Friday.
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Rollins calls for new leadership
FORT Charlotte MP Dr Andre Rollins said yesterday after listening to Prime Minister Perry Christie’s contribution in the House of Assembly on value added tax legislation that it is obvious that the country “needs new leadership”.
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Miller stands by Rollins over future of the party
TALL Pines MP Leslie Miller stood by Dr Andre Rollins yesterday, emphasising that the Fort Charlotte MP has “valuable contributions to make to the people of the Bahamas” as speculation rages about his political future in the Progressive Liberal Party following his criticism of the Christie administration last week.
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Tourism performance has outpaced projections according to MOT report
THE Ministry of Tourism revealed yesterday that The Bahamas has had more than five million arrivals in the first seven months of this year, predicting a visitor rate of more than eight million by the end of the year.
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Fuel cost surge to hit construction site ride
Contractors may no longer give their workers rides between home and the job site in a bid to counteract higher fuel costs, the Bahamas Society of Engineers (BSE) president has warned.
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BAHA MAR'S OCCUPANCIES 3-4% ABOVE FORECAST LEVEL
By NEIL HARTNELL Tribune Business Editor While occupancies at Baha Mar's two existing Cable Beach resorts are trending 3-4 per cent ahead of 2012 forecasts, the resort developer yesterday said they had yet to reach "levels considered acceptable", followi
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‘More improvements’ needed on Bahamas First’s Cayman health
Bahamas First says “more improvements” are required before the woes impacting its Cayman health portfolio are fully behind it as it unveiled profits of $2.2m for the quarter to end-September 2023.
