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Carnival ‘spruce up’ for 50% passenger growth
A senior Carnival executive yesterday said the cruise giant plans to “spruce up” Princess Cay, adding that the Eleuthera-based private island needs “quite a bit of love”.
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S&P’s higher deficits on VAT ‘uncertainties’
Standard & Poor’s (S&P) has agreed that there are “indeed uncertainties” surrounding Value-Added Tax (VAT) implementation, and is less optimistic than the Government in projecting a 3 per cent fiscal deficit for 2015-2016.
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VAT real estate 'game changer'
Value-Added Tax’s (VAT) impending implementation may give buyers “the push” to secure properties before January 1, one realtor suggesting: “It may be better to do it now rather than seven months from now.”
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$2bn current deficit not so problematic
The Bahamas’ annual $2 billion current account deficit is “not as fickle” as many outsiders think, a former finance minister yesterday pointing out that this was traditionally balanced by foreign capital inflows.
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Consumers face 2019 wait on BPL fuel costs
Bahamas Power & Light (BPL) will move “aggressively” to return its Clifton Pier power plant to 80 per cent capacity by summer 2019, in a bid to relieve consumers from increased fuel costs.
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Gov’t ‘definitely’ beat first $150m VAT goal
Value-Added Tax (VAT) “definitely” generated more than the $150 million net revenue increase targeted for the 2015 first half, a top official yesterday revealing that June’s compliance rates matched those for the first quarter.
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$250m cruise port: ‘We’ll help Long Island flourish’
The proposed $250m Long Island cruise port will handle up to 12,000 persons daily at full build-out, one of its principals revealed yesterday, adding: “Our goal is to help Long Island flourish.”
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Bermuda thrashes The Bahamas by 140 runs
Team Bahamas fell to 1-2 at the International Cricket Council T20 World Cup Americas Qualifying event in Antigua and Barbuda.
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Union: ‘Everything on table’ over BPL woes
The Bahamas Electrical Workers Union’s (BEWU) president says “everything is on the table” in resolving its members’ grievances with Bahamas Power & Light (BPL) after all requirements for taking strike action were met.
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‘Good morning, I’m Ed Bethel’
“Silence! Silence? In this house”,
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Emphasise ‘robust regulation’ to halt correspondent loss
The Bahamas’ “robust regulatory framework” and favourable ratings by international watchdogs should encourage correspondent banks to maintain relationships with this nation’s financial institutions, a well-known compliance officer believes.
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DPM urges GB firms to expand to nassau
The Deputy Prime Minister yesterday urged Grand Bahama businesses to consider Nassau expansion rather than just confine themselves to their home island. KP Turnquest, pictured, made his call while delivering the keynote address at the official openin
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LAKERS GO HOME
By JEFF LATZKE AP Sports Writer OKLAHOMA CITY (AP) -- Russell Westbrook scored 28 points, Kevin Durant added 25 points and 10 rebounds, and the Oklahoma City Thunder surged ahead in the second half to beat Los Angeles 106-90 in Game 5 on Monday night and
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Rested Spurs win Game 1 over weary Clippers 108-92
SAN ANTONIO (AP) -- Tim Duncan had 26 points and 10 rebounds and the San Antonio Spurs, recharged after a weeklong layoff, wore down the busy Los Angeles Clippers to win Game 1 of their Western Conference semifinals series, 108-92 last night. Playing for t
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Kadeem Coleby posts double double for win on birthday
Birthday boy Kadeem Coleby helped the Akita Northern Happinets pick up their second straight victory in two nights over his celebrated weekend against the same team in the Japanese D1 professional basketball league.
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Wilson, Burrows help Tigers claim their fifth AUS title
JORDAN Wilson and Shamar Burrows helped the Dalhousie Tigers claim their fifth AUS Conference title in the last six years and earned a spot in the U Sports National Championship.In a weekend filled with Bahamian talent on the floor for three differen
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80% conch drop threatens lives of 9,000 fishermen
THE livelihoods of more than 9,000 Bahamian fishermen and their families are under threat from the 80 per cent conch population decline since the 1980s, it has been revealed.An Inter-American Development Bank (IDB) report, accompanying a $500,000 pro
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'Neighbourhood watch a great success'
WITH more than 80 neighbourhood watch groups in New Providence, the Royal Bahamas Police Force has witnessed much success in its fight against crime and restoring peace in communities, according to Senior Assistant Commissioner of Police Stephen Dean.
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Resorts seek Memorial Day business boost
MAJOR resorts on New Providence are looking to capitalise on a “busy” US Memorial Day weekend, one resort manager telling Tribune Business yesterday that occupancy levels would be in the mid-80 per cent range.
