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Nicole: Tourism suffers no ‘overwhelming shrinkage’

The Bahamian tourism industry has not suffered a “material” reduction in bookings and guests despite now-Hurricane Nicole striking Grand Bahama and Abaco, a senior hotelier said yesterday.

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Major retailer 'close' to returning all staff

A major Bahamian retailer yesterday said it is now “close” to bringing back all 80 staff after the government gave permission for its sector to open up five days per week from 8am to 6pm.Brent Burrows Jr, manager of e-commerce and online shopping wit

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Gov’t in sovereign wealth fund plans

The Government’s draft oil exploration legislation contains provisions for the creation of a Bahamian sovereign wealth fund, which would receive all due multi-million dollar royalty payments on any ‘black gold’ under this nation’s water.

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Moody’s backs trimmed 3% Bahamas growth projection

Moody’s yesterday backed forecasts of lower 3 percent economic growth for The Bahamas in 2023 as it noted the Government’s multi-billion refinancing plan almost totally depends on loans and guarantees from multilateral lenders.

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Tax breaks renewal ‘definition of insanity’

An ex-deputy prime minister yesterday likened the blanket five-year renewal of all tax breaks under the City of Nassau Revitalisation Act as akin to “the definition of insanity”.

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NHI's extra $10m 'no cost overrun'

Top National Health Insurance (NHI) executives yesterday said extra government funding was required to cover the five percent monthly increase in beneficiaries, and did not represent a “cost overrun”.Dr Robin Roberts, the National Health Insurance Au

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Contractor chief: 'Show me numbers' on Pointe

The Bahamian Contractors Association’s (BCA) president yesterday demanded to “see the numbers” showing Bahamian participation on The Pointe project has increased 100-150 percent.Leonard Sands called on the government to show just how many Bahamians a

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Sports Notes

THE first leg of the new International High Jump Tour in Banska Bystrica, scheduled for February 4, will have all three top Italians jumping and two Bahamians.

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NPSA All-Stars: Moss named MVP

ANTHONY Moss couldn’t ask for a better transition from the basketball court to the softball playing field.

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Arsenal recovers 2-0 deficit to advance in FA Cup

LONDON (AP) -- Arsenal kept its bid to end a seven-year trophy drought on track Sunday, scoring three times in eight second-half minutes to beat Aston Villa 3-2 and reach the fifth round of the FA Cup. Villa led 2-0 at halftime on goals by Richard Dunne an

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Strikers pack a punch

COACH Ronn Rodgers was quite pleased with the performances of his Strikers Boxing Club as they won two of their three matches against the visiting team of boxers from New York at the Enoch Backford Auditorium on Saturday.

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‘Ridiculous’: PM’s Baha Mar engaged claim questioned

An ex-director yesterday said it was “absolutely ridiculous” for Prime Minister Perry Christie to say he was in contact with all parties involved in the Baha Mar impasse, given that he continued to ignore the original developer.

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Defending champs Hitmen, Wildcats lose season openers

The new look Sunshine Auto Wildcats and the Iradez Hitmen collected their rings as the women’s and men’s champions respectively of the New Providence Softball Association’s 2014 season on Friday night, but they both left the Banker’s Field at the Baillou Hills Sporting Complex with season-opening losses to the Johnson’s Lady Truckers and the Commando Security Truckers as the league started its 2015 campaign.

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Gov’t securities issue 63% oversubscribed

Institutional investors are likely to be left disappointed after the last Bahamas Government Stock (BGS) issue for the 2014-2015 fiscal year was more than 63 per cent oversubscribed.

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Old Fort's Town Centre 85% leased

The Old Fort Bay Town Centre has now leased 85 per cent of its retail space, with its developer having negotiated an agreement with The Meridian School to build a sister institution on land just to the south.

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‘I’m really excited for Jazz. Opening day is going to be really special’

WITH the passing of Edison ‘Ed’ Armbrister, retired outfielder Antoan Richardson has now assumed the elder statesmanship of the Bahamian Major League baseball fraternity.

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GB ‘is famous for pipeline projects’

A Grand Bahama businessman yesterday said the island is “famous for having things in the pipeline” and he will believe the Grand Lucayan has been sold when he sees it.

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Pitch your tourism idea

THE government will extend an invitation for Bahamians to pitch new tourism products to the cruise industry next month, Tourism Minister Obie Wilchcombe said yesterday.

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'Neighbourhood watch a great success'

WITH more than 80 neighbourhood watch groups in New Providence, the Royal Bahamas Police Force has witnessed much success in its fight against crime and restoring peace in communities, according to Senior Assistant Commissioner of Police Stephen Dean.