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‘Banner year’: Resorts beat revenue target by 10% pts
Resorts on major Family Islands are targeting “a banner year” in 2023 after room revenues through to end-October beat the industry’s post-COVID target by ten percentage points.
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AID at 85-90% of pre-fire sales
MAJOR construction on Automotive Industrial Distributors' (AID) new Wulff Road headquarters should be completed within eight months, the company's operations manager yesterday told Tribune Business that the company's sales had recovered to 85 to 90 per cent of pre-fire levels.
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Town Planning urged: 'Grab oil exploration by the horns'
A prominent QC yesterday urged the Town Planning Committee "to grab oil drilling by the horns" after it became embroiled in the escalating legal battle over exploration in Bahamian waters.
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Louise Priscilla Archer
Funeral Service for Ms. Louise Priscilla “Vesey” Archer, age 85 years, a resident of #13 Malatto Drive, Golden Gates II and formerly of Alice Town, Bimini, will be held on Saturday May 10th 2014, at 11:00 a.m. at Golden Gates …
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New auto sales plunge 90% at COVID’s peak
New car sales plunged more than 90 percent during the COVID-19 lockdown’s peak, data seen by Tribune Business has revealed, with many dealerships “not selling a single vehicle” for April.
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Receivables over three times' Water Corporation target
By NEIL HARTNELL Tribune Business Editor Just how far the Water & Sewerage Corporation has to go to achieve financial viability has been highlighted by several key financial performance indicators, which show it currently enjoys a -44 per cent operating
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Jones posts double double - 29 points and 16 rebounds
JONQUEL Jones starred for Bosnia and Herzegovina women’s national team and several other Bahamian players posted double doubles to lead their team in their respective leagues across Europe this week.
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Undefeated Wildcats beat Bahamas 98-74
The Bahamas Select team, preparing for its next window of the World Cup Qualifier this coming weekend, put up the best showing against the University of Kentucky Wildcats men’s basketball team.
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Giants stop the Stingers
WHILE the Patron Regulators have booked their ticket into the New Providence Basketball Association championship series, they have to wait on the outcome of the Commonwealth Bank Giants and PJ Stingers to determine who their opponents will be.
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Scotiabank: $80m mortgages restructured in 18 months
Scotiabank (Bahamas) yesterday disclosed it had managed to restructure more than $80 million worth of mortgages, held by over 500 customers, within the last 18 months, telling Tribune Business just 5-6 per cent of that number had fallen back into delinquency.
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BEC Chairman joins SOS relief flight to hurricane-hit islands
LESLIE Miller, the chairman of BEC, got a first hand look at the destruction on some of the worst affected southern Family Islands which suffered a devastating direct hit from Hurricane Joaquin last weekend after he joined a relief flight on Saturday organised by the Tribune Media Group SOS - Save Our South initiative.
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Court must back dismissal of top Baha Mar staff
Baha Mar’s senior management cannot be dismissed by the $3.5 billion project’s joint provisional liquidators without the Supreme Court’s permission, although regular employees can be released “in the ordinary course of business”.
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Rollins ‘would consider’ running if FNM offered him nomination
AFTER saying he would not offer himself for re-election on the Free National Movement’s ticket, Dr Andre Rollins suggested yesterday that he would consider and potentially accept a constituency nomination if offered one by the FNM’s recently re-elected Leader Dr Hubert Minnis.
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Winter tourism fears on union 'work-to-rule'
Unionised employees were yesterday placed on “work to rule” at most of Nassau’s major resorts in a move likely to raise fears for this week’s key Thanksgiving holiday weekend.Darrin Woods, pictured, the Bahamas Hotel, Catering and Allied Workers Unio
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Don’t ‘reinvent the wheel’ over Abaco mega project
An Abaco realtor yesterday queried why the Government was “reinventing the wheel” with new multi-million dollar resort projects when existing ones were for sale at a fraction of these sums.
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Gambling referendum to cost $5m
ABSOLUTE scandal! Obviously, National Security Minister Dr Bernard Nottage did not realise the Pandora’s box he opened this weekend with the announcement that the January 28 gambling referendum has cost the Bahamian tax payer about $5 million, especially as Prime Minister Christie — who is also Finance Minister — had some weeks earlier estimated a cost in the region of $1 million plus.
