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29% auto sales rise 'not true market reflection'

29% auto sales rise 'not true market reflection' By NEIL HARTNELL Tribune Business Editor The 29 per cent year-over-year new car sales increase for the first two months of 2012 is "not a true reflection" of the anemic overall market, two Bahamas Motor D

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29% auto sales rise 'not true market reflection'

29% auto sales rise 'not true market reflection' By NEIL HARTNELL Tribune Business Editor The 29 per cent year-over-year new car sales increase for the first two months of 2012 is "not a true reflection" of the anemic overall market, two Bahamas Motor D

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On deck and close to the action at the Battle of Jutland

101 years ago this weekend, Lt Robert Tatton Bower, of the Royal Navy, wrote a letter to his father, giving a first hand account of the largest World War 1 naval battle from aboard HMS Inconstant. Lt Bower’s descendants have Bahamian connections: his son Paul, came to the islands and was Publisher of The Nassau Guardian while his grandsons, Nigel and Bobby, are known business figures in Nassau.

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Knowles and Hokies searching for answers

DEMITRI Knowles and the Virginia Tech Hokies find themselves searching for answers after two consecutive losses.

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BISX listee in talks to settle SEC litigation

A BISX-listed company’s principal yesterday said there was “quite fertile ground” to reach an out-of-court settlement with US federal regulator’s over its subsidiary’s alleged involvement in a $400 million financial fraud.

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Pro baller Kentwan Smith signs with BCA Nokia in Finland

KENTWAN Smith received the opportunity he was waiting for all offseason long as he signed with a new club in a new country to continue his pro basketball career.

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Retailer 'can't afford to take risks blindly' after 80% sales fall

A Bahamian retailer has warned he and others "cannot afford to take blind risks any more" due to the Government's handling of COVID-19, with curb-side restrictions slashing his sales by 80 percent.

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Home owner tax breaks to aid 80% of new starts

AN ex-Bahamian Contractors Association (BCA) president yesterday hailed the Prime Minister’s home ownership tax breaks package for potentially boosting 80 percent of new construction starts, and said: “Better late than never.”

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Mr Prime Minister, is this not victimisation?

URBAN RENEWAL, the PLP’s solution to most of the country’s ills, has many Bahamians confused as to what it really is.

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Competition fears on Super Value's City Markets 'deal'

By NEIL HARTNELL Tribune Business Editor Rival food retailers have voiced fears that allowing Super Value to acquire City Markets' remaining stores would create a "virtual monopoly" in the New Providence supermarket business, with an estimated 60-80 per

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Competition fears on Super Value's City Markets 'deal'

By NEIL HARTNELL Tribune Business Editor Rival food retailers have voiced fears that allowing Super Value to acquire City Markets' remaining stores would create a "virtual monopoly" in the New Providence supermarket business, with an estimated 60-80 per

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FTX Bahamas properties must fetch ‘80% of value’

All sales of FTX’s 35 high-end Bahamas properties must fetch a price that is “equal to or greater than 80 percent” of their broker-appraised values, it has been revealed.

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$5.5bn refinery: 80% of jobs for Bahamians

THE developer behind the proposed $5.5 billion oil storage terminal and refinery for Grand Bahama yesterday pledged that 80 per cent of jobs will go to Bahamians. Peter Krieger, Oban Energies’ non-executive chairman, speaking at the signing of a Memo

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Junior golfers in the mix at Caribbean Amateur Championships

ALTHOUGH they got off to a slow start after the first day of competition at the 34th Caribbean Amateur Junior Golf Championships, manager Gina Gonzalez-Rolle is confident that Team Bahamas will get into the swing of things in Humacao, Puerto Rico.

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Bahamas gets 80-68 victory over Cuba

Coach Larry Brown liked what he saw in the men's national basketball team's gallant 80-68 victory over Cuba on day one of the CentroBasket Tournament in

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Boutique resort targeting Bahamian business

INVESTORS behind Abaco’s Hope Town Lodge are hoping to make the boutique resort “a go-to” island destination for Bahamians, the group’s chairman telling Tribune Business, “I would like see us running at 80 or 90 per cent all year around”.

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5% rise in food assistance to help offset 7.5% rate of VAT

PERSONS receiving food assistance from the Department of Social Services should soon see an increase of as much as five per cent in benefits to offset the introduction of value added tax, Social Services Minister Melanie Griffin said.

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BTC broke law on exclusive phone card agreements

The Bahamas Telecommunications Company (BTC) was yesterday fined $243,442 after regulators determined its ‘exclusive’ phone card supply agreements broke the law, excluding rivals from up to 60 per cent of the market.

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Royal Bank readies for Freeport Expo

BC Royal Bank of Canada and RBC FINCO will tomorrow stage its 2013 Home & Auto Expo at their Freeport Branch on East Mall & Explorers Way.

Obit

Margaret Albertha Claridge

Funeral Service for the Late Margaret Albertha Claridge, aged 87 years of #80 Davis Street, Oakes Field, will be held on Saturday October 31st, 2015, 10:30 a.m. at Holy Trinity Anglican Church, Trinity Way, Stapledon Gardens. Fr. Mark Lindsey Fox, …