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Baha Mar chief: Atlantis 'cannibalise' fear unseen
Baha Mar’s president yesterday said the feared market “cannibalisation” with Atlantis has yet to occur, with Nassau enjoying record arrivals and airlines seeing 80 per cent “load factors”.Graeme Davis reiterated to Tribune Business that the hotel ind
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Gov't financial systems 80% below maximum
The government’s financial management systems remain “below global standard” and have seen “limited improvement”, scoring 80 percent below maximum in their last assessment.An Inter-American Development Bank (IDB) report on The Bahamas’ “fiduciary sys
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DPM: Crime coverage woe ‘losing momentum’
THE Deputy Prime Minister yesterday voiced optimism that damaging media coverage of The Bahamas is “losing momentum” with major resorts reporting peak winter occupancies “in excess of 80 percent”.
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Cable predicting 130% profit growth to 2018
Cable Bahamas is forecasting that net income will increase by 130 per cent over the next five years as a result of its Florida expansion, with its US interests ultimately accounting for one-third of its bottom line.
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Grand Bahama electricity costs 40% below rest of Bahamas
Grand Bahama’s electricity costs will be 40 percent lower than Nassau’s and the rest of The Bahamas during the 2023 summer peak after the island’s utility locked in fuel costs at 12-14 cents per kilowatt hour (kWh).
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‘Caribbean’s lowest’ from BPL Shell deal
A Cabinet Minister yesterday pledged the Bahamas will have “the most competitive energy prices in the region” through selecting Shell as Bahamas Power & Light’s (BPL) generation partner.
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Govt says: We’ve accepted 80-90% of non-profit needs
The Government believes it has “accommodated 80-90 percent” of non-profit concerns over plans to regulate the sector, although it remains on a collision course with the church.
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Bahamas targets Latin American airlift doubling
THE Bahamas should be able to double airlift from Latin America in two years, the Ministry of Tourism’s director general said yesterday, adding that visitors from the region should grow to nearly 6 per cent of total arrivals in three years.
Obit
Keva Annette Poitier
Funeral Service for the Late Keva Annette Poitier, age 48 years of #25 Murphyville, Palmdale, will be held on Saturday January 11th, 2014, 11:00 a.m. at Evangelistic Temple, #15 Collins Avenue & 4Th Terrace, Centreville. Pastor Cedric Moss, Pastor Keith …
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Resort’s business down 80% via 15 year amenity loss
A Freeport timeshare resort is blaming the loss of “about 80 per cent” of its business on the 15-year failure of successive Royal Oasis owners to live up to their access and amenity provision obligations.
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BOB needs $30m capital injection
Bank of the Bahamas needs to increase its capital base by $30 million to meet global regulatory requirements, with its Board now assessing “various options” to achieve this.
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‘Hope and pray’: Food, energy cost hike may last three years
Bahamians were yesterday urged to “hope and pray” that the World Bank’s forecast of high food and energy costs lasting three years does not come true, with cooking oil and other staples increasing by up to 80 percent in recent months.
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Shaunae makes A cut for 400 in London Olympics
Sooner or later, you just knew Shaunae Miller would have a break-out performance in the women's 400m. It came in the Fritz Grant Track and F
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Reverend Dr William Thompson ready for his 80th birthday
IT’S not everyday that a person reaches the age of 80 but for a man who has touched the lives of so many people in just about every sphere of life, the family and friends of the Rev. Dr William Thompson want to celebrate his milestone in a very special way.
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DPM pledges 80% slash over building permit turnaround
The deputy prime minister yesterday pledged to slash building permit turnaround times by up to 80 percent with the implementation of Building Control’s long-awaited digital approval system.
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Baha Mar: Minister confirms deal close
A SENIOR Cabinet minister in the Christie administration yesterday confirmed that stakeholders were close to finalising a deal to complete and open the $3.5 billion Baha Mar resort.
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MLB: Lucius Fox on short list of highly touted prospects
WHEN Lucius Fox reclassified as an international free agent in late April, the Bahamian star on the diamond became one of the most sought after Major League Baseball prospects for the summer transaction period.
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Recycling facility to be built at landfill site
RENEW Bahamas has formally announced plans to build and manage the nation’s first materials recycling facility at the Harrold Road landfill site.
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‘Nothing to celebrate’ on $99m borrowing
The Opposition yesterday argued there was “nothing to celebrate” in the Christie administration’s revelation that it is only borrowing $99 million to fund the 2016-2017 fiscal deficit, its finance spokesman saying it had over-burdened Bahamians with taxes to achieve this.
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Wells defends decision over Urban Renewal contracts
PARLIAMENTARY Secretary in the Ministry of Works and Urban Development Renward Wells has weighed in on the ongoing criticism of the government's decision not to renew the contracts of 80 Urban Renewal employees.
