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Goodman’s Bay property opens to $1.5m bookings

A NEWLY-opened Goodman’s Bay resort has more than $1.5m worth of confirmed bookings during its initial months, its developer revealed yesterday.

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Signing allows $150m Briland expansion

THE Davis administration signed an amended Heads of Agreement yesterday with developers behind the Briland Club Residences & Marina development that will allow for the expansion of the Harbour Island-based project, set to cost some $150m.

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Insurers dismiss VAT Act ‘misinterpretation’

BAHAMIAN health insurers yesterday said “no one wants to pay an additional 36 percent on their medical insurance” from April 1, 2023, when consumers will have to bear the full VAT burden on claims payments.

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Firearms task force ‘to create safer Bahamas’

PRIME Minister Philip Davis said the success of a firearms task force will make fighting illegal weapons more likely by providing a coordinated and comprehensive approach to the problem.

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Ed Armbrister Baseball League officially open

PLAY ACTION ON DIAMOND CONTINUES THROUGH TO APRIL

AFTER hosting their developmental training programme at Flamingo Park in Carmichael Road, organiser Michael Butler said it was time for them to expose the players to a full-fledged league with games being played at the Baillou Hills Sporting Complex.

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DPM targets 8m visitors for 2023

The Deputy Prime Minister yesterday forecast that 2023 tourist arrivals will hit the eight million mark with downtown Nassau’s British Colonial Hilton set to fully re-open by year-end.

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Patients are warned: Brace for VAT ‘shock’

Bahamian patients were yesterday warned to brace for “a shock even at the smallest levels” as the change in VAT’s treatment of medical insurance claims payouts will further fuel already-soaring medical costs.

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Bahamian liquidators say ‘no’ to DOJ FTX examiner

FTX’s Bahamian liquidators are opposing the US Justice Department’s bid for an investigator to probe the crypto exchange’s collapse on the grounds it is overkill and will cost creditors “tens of millions of dollars”.

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‘Hoops for Homes’ champions emerge

BLYTHE Rolle and Kyle Rolle, of no direct relation, emerged as the upper and lower champions of the Hoops for Homes initiative that was hosted by Xavier’s Lower School Student of the Year Adrian Dean.

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Police: Reported financial crimes strike five-year low

TOTAL financial crimes reported to the Royal Bahamas Police Force (RBPF) fell to their lowest level for five years in 2022 with a near-30 percent decline compared to 2021.

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Cruise port’s $138m refinance eyes millions in cost savings

Nassau Cruise Port yesterday disclosed it is aiming to slash annual debt servicing costs by several million dollars through refinancing the $138m bond debt that kickstarted its transformation at COVID’s peak.

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Crimes against the person increased by 23 percent last year

POLICE Commissioner Clayton Fernander revealed on Friday that crimes against the person increased by 23 percent last year when compared to the same period in 2021, including murders, armed robberies and sex crimes that also trended upwards.

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Rockets knock off Giants 87-73, Express roll past Eagles 75-53

THE Discount Distributors Liquors Rockets and the Produce Express both had a big night on Saturday at the AF Adderley Gymnasium as the New Providence Basketball Association continued its regular season.

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Atlantis basketball official launch on February 6

THE Atlantis Basketball League’s 2023 official launch is set for February 6 at 6:30pm when there will be an opening ceremony at The Betty Cole Park. All games are open to the public and Atlantis staff for the entire season which ends April 28. Games will be held every Monday, Wednesday and Friday at 6:30pm for the first game and 9:30pm for the final game of the day.

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Hayward backs bid to ‘reimagine’ GBPA

A Hayward family member yesterday pledged “an ambitious masterplan for change” to create “thousand of jobs” in Freeport as he backed efforts “to reimagine and revolutionise” the Grand Bahama Port Authority (GBPA).

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Regulators, millionaires win double header

THE Leno Regulators and the Mekaddish Millionaires won the New Providence Basketball Association’s double header played on Wednesday night at the AF Adderley Gymnasium.

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Fiscal Council’s reports ‘not a flip of the switch’

A Fiscal Responsibility Council member yesterday said there was nothing sinister about the body’s delayed publication of two key reports, and asserted: “This is not a flip of the switch.”

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BID is ‘missing piece’ of downtown’s puzzle

The Downtown Nassau Partnership’s (DNP) co-chair says the creation of an authority to truly manage the city is “the missing piece of the puzzle” with his group having achieved “80 percent of what we set out to do”.