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Permit roadblocks to Baha Mar’s $80m Chapter 11 financing

Baha Mar faces further Government roadblocks even if it obtains Supreme Court recognition of the Chapter 11 bankruptcy protection, as it has yet to obtain necessary Bahamian approvals for the $80 million financing facility created by its principal.

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Bobby Brown headlines the Jingle Ball

FORGET Santa Claus, ‘80s R&B superstar Bobby Brown is coming to town.

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Dominican Republic gets 87-80 win over Bahamas

After getting blown out in the first half, the Bahamas men's national team regained their composure in the second half and cut the deficit to two before eventually losing down the stretch to the Dominican Republic 87-80 on day three of the CentroBasket Tournament in Panama.

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Long Island bananas: 80-90% destruction

While Long Island farmers likely lost 80-90 per cent of their banana crop due to Hurricane Sandy, Tribune Business was told yesterday, but many homes and businesses were likely to be “back to normal in a few days”.

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Sandals eyes $1m in storm repairs

SANDALS Royal Bahamian’s general manager yesterday estimated the resort would spend just under $1 million to carry out repairs to areas damaged by Hurricane Sandy, telling Tribune Business that its occupancy levels were near 80 per cent at the time of the storm.

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Sailing for science

OFFICIALS yesterday praised the STEM for the Oceans programme that hosted 80 students and others on board the world’s largest cruise ship, calling the initiative something that speaks to the bright future for Bahamian natural resources.

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NHI will cost you $15-$80 a month

THE government is “revamping” National Health Insurance to focus more on catastrophic care with the introduction of the BahamaCare Plan and expects a contributory plan of $15 to $80 per month to fund it.

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80 to 100 voluntary job cuts offered at Water and Sewerage

THE Water and Sewerage Corporation is considering offering 80 to 100 voluntary separation (VSEPs) packages to employees as it looks towards “right-sizing,” according to Executive Chairman Adrian Gibson.Saying that plans are now underway to have the p

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80 test positive for TB exposure

MORE than 340 people living in two shelters for Hurricane Dorian victims have been screened for tuberculosis - 80 of them with positive skin tests, according to Health Minister Dr Duane Sands yesterday.

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Eliminate VAT need via 70-80% tax compliance

The Tax Coalition’s co-chair has suggested that increasing tax compliance rates to 70-80 per cent under the existing system would eliminate the need for Value-Added Tax (VAT) or any other revenue reforms.

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05312016 Edition

Tuesday, May 31st.

Obit

Norberto Alfonso

Norberto Alfonso M.D., age 97 years of Miami Beach FL. and formerly of Havana, Cuba died in Bimini, Bahamas on Saturday February 15th, 2014. He is survived by his wife: Olga Alfonso; son: Norberto Alfonso; grandchildren: Marta Macias and Yessenia …

Obit

Albertha Davis

DEATH NOTICE Albertha Davis, 97, of Sea Breeze Drive died on May 20th, 2012 at Princess Margaret Hospital. She is survived by: numerous nieces and nephews including: Janet Sands, Shirley Sands; Nephew in law: Thomas Sands & other relatives & …

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THURSDAY UPDATE: No new COVID-19 cases

The Ministry of Health reported on Thursday that there are no new confirmed cases of COVID-19.

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Golden Gates, Temple Fellowship and Calvary Deliverance in position for men's pennant

WITH one more week left in the regular season for the Baptist Sports Council's 2011 Bishop Neil C Ellis Softball Classic, Golden Gates, Temple Fellowship and Calvary Deliverance have positioned themselves as the front runners for the men's pennant title.

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Mandatory guides push threatens 80% of fly fishing impact

The Bahamas could lose almost 80 per cent of the fly fishing industry’s $141 million annual economic impact if it alienates the ‘do-it-yourself’ anglers, a leading tourism executive has warned.

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Commercial banks to acquire 80 per cent of restoration bond

Some 80 per cent or $120 million of the Government’s Hurricane Restoration Bond will be raised from the commercial banks, the Government yesterday confirming the offering’s multi-tiered nature.

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Banks urged: Lower your debit card fees

REDUCED fees on debit card transactions could significantly boost commerce in the Bahamas, a leading businessman noting that credit card purchases effectively ruled out roughly 80 per cent of the shopping public.

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Jones ‘Player of the Week’

For the 10th time in her five-year career, Grand Bahamian Jonquel Jones has been one of the Women’s National Basketball Association’s Players of the Week.

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