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GB POWER PLANT 'OVER 60% DONE'

By NEIL HARTNELL Tribune Business Editor Grand Bahama Power Company yesterday said its new generation plant is "more than 60 per cent complete" after a $40 million investment to-date, as the BISX-listed company that holds 50 per cent of its equity unveil

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Golf event creates 3,000 room nights

ATLANTIS’S top executive yesterday said the wekend’s Pure Silk-Bahamas Ladies Professional Golf Assocation (LPGA) tournament generated some 3,000 room nights for the resort.

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Referendum leaves Bahamas exposed to laundering sanctions

THE Bahamas remains exposed to potential international sanctions over illegal web shop gaming as a result of Monday’s referendum, the ‘Yes’ vote campaign co-ordinator wartned yesterday.

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Fines may go up to $500 for removal of derelict cars

THE Christie administration’s push to bring changes to the Derelict Motor Vehicles Disposal Bill will see harsher fines and penalties enforced on law breakers.

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It's time to dig out the jerry curl wigs!

JUST about every week different parties and events are hosted on the island, but very few offer fun for the ‘mature’ partygoer. 
One promotion company seeks to fill that void by presenting more events that will cater to the more mature crowd.

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Tax Coalition chief: ‘Fantastic’ if 85% VAT compliance

The Tax Coalition’s chairman yesterday said it would be “fantastic” if quarterly Value-Added Tax (VAT) filers achieved an 85 per cent compliance rate first-time, although he expected many to seek extensions to the April 28 deadline.

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Gov’t ‘exhausts’ 95% of deficit projection

The Government used up 95 per cent of its projected 2015-2016 full-year deficit within the first five months, the Chamber’s chairman arguing this shows the Bahamas cannot escape its fiscal predicament via new taxes alone.

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Auto dealers: Sales ‘20% higher’ if we had supply

Bahamian auto dealers yesterday said industry-wide sales would be “20 percent higher” than the actual 159 year-over-year increase for 2022 to-date if vehicle supplies matched pre-COVID levels.

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‘They wanted Gov’t to buy the Grand Lucayan twice’

The Grand Lucayan’s ex-chairman yesterday said the Government would “effectively have been buying the hotel a second time” had it agreed to Royal Caribbean and ITM Group’s demand it finance 95 percent of the $50m purchase price.

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Nassau/PI hotels ‘soon can’t take anyone else’

Nassau and Paradise Island hotels will “soon reach the point where we can’t take anyone else”, a senior tourism executive has warned, with room shortages driving “unheard of” March occupancies.

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Shockers edge past Regulators

EVEN though he struggled in spurts, William ‘J R’ Rigby still managed to can a game high 30 points, including the game winning three-pointer with 3.1 seconds left on the clock.

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Bahamas must target 70% cruise visitor ratio

A well-known hotelier says The Bahamas must do a better job on cruise passenger “conversion” and increasing the number of resort rooms if it is to maximise tourism’s economic benefits.

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Stingers and Giants remain undefeated in the NPBA

BOTH the PJ Stingers and the Commonwealth Bank Giants remained undefeated in the New Providence Basketball Association after pulling off the double header victories on Saturday night.At the AF Adderley Gymnasium in the men’s division one play, the St

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KPMG says Gov’t spending ‘far greater than needed’

The Government’s $1.823 billion recurrent spending Budget is “far greater than it should be” when set against the services it is delivering to the Bahamian people, a top accounting firm is arguing.

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‘Polluter must pay’ says minister after fuel spill

ENVIRONMENT and Natural Resources Minister Vaughn Miller yesterday would not say whether negligence played a role in last week’s oil spill at Exuma.

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‘Not enough time given’, says Abaco shanty town resident

ALTHOUGH for years government has threatened to destroy Abaco’s shanty towns, a father of two facing eviction from The Farm fears his family will have nowhere to go before the deadline is up to leave the unregulated community, his home for 20 years.

Obit

Bishop Hosea Robert Cox

Memorial Service For Bishop Hosea Robert Cox, 95 will be held on Friday, August 16, 2019, 7:30pm at Pilgrim Ministries International, Minnie Street. Officiating will be Rev. Ednal Minnis and other ministers of the gospel. Funeral Service For Bishop Hosea …