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Treasure Cay project 'desperately needed'

The Treasure Cay development under fire from both locals and environmentalists yesterday said its project could ultimately involve a $10-$20 million investment, and create 100 “desperately needed” jobs, if it was allowed to fulfill its plans.

'Crazy' aviation taxes may cost tourism $20m

The Bahamas will “conservatively” lose $20 million in tourism revenues if it maintains the new and increased taxes on the private aviation sector, an industry expert yesterday slamming the Government’s policy as “crazy”.

Latoy clocks season’s best to win 400m

CHRIS ‘Fireman’ Brown didn’t enter, Demetrius Pinder withdrew from the final and Ramon Miller had to watch from the sideline nursing an injury. Yet, in their absence, LaToy Williams still ran a blistering season’s best of 44.97 seconds to win the marquee men’s 400 metres on day two of the Bahamas Association of Athletic Associations’ BTC Junior and Senior National Track and Field Championships.

BEC manager’s fees to be capped at $5m

PowerSecure will receive a maximum $5 million annual fee for managing operations at the ‘new BEC’, Tribune Business can reveal, as the latter’s environmental liabilities start to weigh heavily on energy reform.

Clubs and Societies: 02122016

Bahamas Human Resources Association. - On Thursday, January 28, the Paul H. Farquharson Conference Center was all abuzz with excitement, laughter and talk as the Bahamas Human Resources Association (BHRA), under the theme “Grow. Achieve. Lead,” installed seven HR professionals to the 2016 executive board. At the helm of this board is President Villiemae Black, HR manager at the Bahamas Electricity Corporation (BEC).

Athletes qualify for CARIFTA at annual track classic

AT least three athletes attained the qualifying standards for the CARIFTA Games on Saturday during the 10th Annual Road Runners Dianne Lynn Thompson Track Classic at the Thomas A Robinson Track and Field Stadium.

NAUGHTY'S NFL picks - week 15

A 9-7 week that was 12-4 before another series of fourth-quarter frenzies changed a few things. Nonetheless I will take it - that’s how the NFL goes this season.

Ex-AG: 'We're up to' coping with automatic tax information

An ex-Attorney General believes the financial services industry will survive even if the automatic exchange of tax information becomes the global standard, warning that this nation “can’t stand apart” from the initiative.

Treasury revenues slumped 55% in year's final quarter

THE COVID-19 pandemic has contributed to a 55.2 percent contraction in receipts across taxed industries, according to the Ministry of Finance’s budgetary performance report for the fourth quarter of the 2019/2020 fiscal year.

Airports ‘20% compliant’ with worldwide standards

Bahamian airports are just 20 per cent compliant with international regulatory standards, making it of “paramount importance” that Family Island facilities are upgraded immediately to prevent the suspension of all-important airlift.

MLB teams add Bahamian rookie prospects

Major League Baseball Clubs added players to their 40-man rosters to protect them from next month’s Rule 5 Draft and with that came an updated list of rookie prospects in each team’s pipeline.

Dealer's 'double whammy' via 20% used car decline

A Bahamian auto dealer yesterday told Tribune Business he was facing a ‘double whammy’, with a 15-20 per cent drop in year-over-year used car sales meaning they were unable to compensate for new model woes.

Retail 'pioneer' targets more Atlantis expansion

One of Atlantis’s retail ‘pioneers’ yesterday said he was aiming to establish a second store at the Royal Towers within three years, the recent expansion of his inaugural outlet having sparked a 20 per cent sales increase.

Leading QC calls for 20% Gov't spend cut

The Government has been urged to cut spending by 20 per cent over the next five-10 years, with a top QC warning Bahamians they must abandon “cradle to grave entitlements”.

NAUGHTY'S NFL PICKS Week 8

‘A very surprising and borderline whacky week’

I WENT 7-7 in a very surprising and borderline whacky week. Considering all that transpired, I’ll take it. Here’s who I like this week :

CR WALKER KNIGHTS ARE CHAMPIONS

THE CR Walker Knights regained the Government Secondary Schools Sports Association's (GSSSA) Senior High Track and Field Championships that had been in the possession of the CV Bethel Stingrays for the past two years after a resounding victory at the two-day meet on Friday at the Thomas A Robinson Track and Field Stadium.

VAT pace beating Gov’t revenue target by 20%

A Cabinet minister yesterday said the Government was on course to beat its full-year Value-Added Tax (VAT) revenue target by around 20 per cent if present trends hold, with an “average” $28 million being collected per month.

CLUBS AND SOCIETIES 05012015

Tomorrow: Grand Bahama Dog Days Half Marathon/5K/and one-mile fun run to benefit the Humane Society of Grand Bahama. https://www.facebook.com/events/441489632680270/.

Bahamas tops Rest of the World to win 2nd straight Nagico T20 cricket title

For the second consecutive year, the Bahamas emerged as the champions of the Nagico T20 Cricket Tournament.

Cable targeting 20% revenue rise via US

Cable Bahamas believes its newly-acquired US business will generate greater than “20 per cent aggregate” revenue growth for it over the next five years, having won contracts to provide services to 16,600 Florida residential units since the purchases closed.

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