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Upgrade for San Salvador airport
SAN Salvador’s tourism industry is expected to get a major boost with the expansion and upgrade of the island’s international airport.
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Customs duties under 20% ‘not a far stretch’
Slashing Customs Duty rates below 20 per cent when Value Added Tax (VAT) is introduced is “not a far stretch”, a senior Ministry of Finance official said yesterday, adding that shifting the tax burden services should reduce the levy on imported goods.
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Atlantis eyes $500m in fresh investment
Atlantis is on target to “exceed” 90 percent of pre-COVID occupancy levels for the 2022 full year, a senior executive has revealed, as it eyes “well over $500m” in new investment for this decade.
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Atlantis beats revenue goals, targets ‘strong’ 2023 first half
Atlantis continues to beat its revenue targets and is predicting a strong 2023 first half, a senior executive has revealed, with the wider resort industry bracing for 90 percent-plus occupancies over the Christmas and New Year period.
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'Greater risk' for insurers if 90-day cover eliminated
Eliminating 90-day “cover notes” will fail to curb uninsured drivers while increasing the risk faced by insurance companies, the Bahamas Insurance Association’s (BIA) chair warned yesterday.Emmanuel Komolafe told Tribune Business there was a mistaken
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Scotiabank: $80m mortgages restructured in 18 months
Scotiabank (Bahamas) yesterday disclosed it had managed to restructure more than $80 million worth of mortgages, held by over 500 customers, within the last 18 months, telling Tribune Business just 5-6 per cent of that number had fallen back into delinquency.
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NTA director fires back over $22m apprenticeship programme criticism
The National Training Agency’s (NTA) has shot down Opposition criticism that the Christie administration’s revamped $22m apprenticeship program is merely a retread of the Ingraham administration’s 52-week jobs programme, telling Tribune Business: “We have raised the standard.”
Obit
Mable Victoria Burrows
Mable Victoria Burrows age 90 years of Fire Road, Abaco died at the Cooper’s Town Clinic, Abaco on Thursday, February 22nd, 2016. She is survived by her daughters: Carla Ferguson and Jerona Burrows; son: Ivan Russell; and other relatives and …
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William Alexander Cartwright
William Alexander Cartwright, 90 a resident of #12 Melrose Ave. South Beach & formerly of Matthew Town, Inagua, died on 25th March, 2016. He is survived by his daughter: Sharon Cartwright Capron; 1 sister: Valarie Cartwright Stubbs; 1 brother: Thomas …
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Butler-Turner insists that Long Island will recover
AS REBUILDING efforts begin to take shape in Long Island, area representative Loretta Butler-Turner held the second in a series of town meetings, working to ensure that all concerns raised by residents are heard.
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Cruise port 90 percent completed and expected to be ready for May completion
THE new Nassau Cruise Port is more than 90 percent completed, according to its chief executive officer Michael Maura who said the port’s opening remains on schedule for the last week of May.
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Family Island hotels targeting 90% pre-COVID room nights
Family Island hotels can hit 90 percent of pre-COVID room nights sold with a strong over 2022’s final quarter, a senior tourism is predicting, voicing optimism the sector will “get closer” to its targets.
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Long Island bananas: 80-90% destruction
While Long Island farmers likely lost 80-90 per cent of their banana crop due to Hurricane Sandy, Tribune Business was told yesterday, but many homes and businesses were likely to be “back to normal in a few days”.
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‘Up to 90%’ of BPL staff in Cat Island test positive
THE president of Bahamas Electrical Workers Union has confirmed that up to 90 percent of Bahamas Power and Light staff on Cat Island have tested positive for COVID-19.
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New Year's occupancies at 90-100% in Out Islands
Boating traffic drove New Year's occupancies at Family Island resorts as high as 90-100 percent, hotel managers said yesterday, but New Providence properties did not fare as well.
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90 days more for Ragged Island water
RAGGED Island residents will have to wait another 90 days before water supply on the island is back to normal, Water and Sewerage Corporation Assistant General Manager of Family Island Operations Cyprian Gibson told The Tribune yesterday.
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90% of taxes to go via Central Revenue Agency, Customs
THE Government is proceeding with plans to establish a Central Revenue Agency (CRA) that will collect all taxes bar Customs duties, a Cabinet Minister saying that together the two departments would receive 90 per cent of all due revenues.
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Senior golfers tee off in the 58th Caribbean Amateur Championships
FOLLOWING the spirited performance of the juniors last week, golfers on the Bahamas’ senior national team teed off yesterday in the 58th Caribbean Amateur Golf Championships at the Sugarcane and East Courses at the Dorado Beach Resort in Puerto Rico.
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Coca-Cola goes for gold in Rio Olympics with the global #thatsgold campaign
AS the clock ticks down to the opening ceremony of the Rio 2016 Olympic Games, Coca-Cola has its eyes set on celebrating gold – but not just the gold found on top of the world’s most elite podium.
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Ayton and Suns tie series 2-2
Deandre Ayton had his fourth consecutive double double in the 2021 NBA playoffs and his Phoenix Suns evened their best-of-seven round one series against the Los Angeles Lakers.
