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$500m resort project to do ‘wonders’ for Exuma

THE deputy prime minister yesterday said a $500m resort development targeted at Exuma’s Cave Cay project will “do wonders for the entire area” through creating one of the largest marinas in The Bahamas.

Airlift concerns on Lucayan's re-open

Grand Bahama businesses yesterday identified the island's lack of airlift as a major obstacle to the Government's plans to re-open the Grand Lucayan resort on March 25.

IAN FERGUSON: Stepping up to tackle COVID education woe

The COVID-19 pandemic has created the greatest-ever disruption of education systems in world history. It has affected nearly 1.6bn learners in more than 190 countries. Closures of schools and other learning spaces have impacted 94 per cent of the world’s student population, a figure that rises to 99 per cent in developing countries.

Otis Milton Knowles

Funeral service for Otis Milton Knowles, age 80 years, of Mangrove Bush, Long Island, who died at the Princess Margaret Hospital on Thursday January 28, 2016, will be held on Saturday February 6, 2016 at 11:00 a.m. at St. John’s …

NPBA: Giants beat Cleaners 104-94

WHILE the match-up between high scoring wing players Michael Bain and Lenny Oscar drew the focus, the Commonwealth Bank Giants’ supporting cast with five players in double figures led to the 6-0 start to the season.

FR Remy David dies in Florida aged 81

FR Remy David died in a Florida hospital on Sunday, He was 81 years old. Ordained in Nassau in 1968, he celebrated his 50th anniversary as a priest on June 31 last year.

Aline McLaughlin dies, aged 94

MISS Aline McLaughlin, 94, died at her San Souci home on Friday evening. With her was her first cousin, Alden Barbes, who had returned from his home in California to help her with her affairs.

INSIGHT: Dr McCartney was a pioneer and inspiration

YOUNG and veteran figures in The Bahamas’ psychiatric community gathered for a Zoom session last week to pay tribute to Dr Timothy McCartney – the “father of Bahamian psychology” – who died last month from COVID-19 at 87.

Bahamas has region’s ‘most productive’ VAT

The Bahamas has the most productive Value-Added Tax (VAT) regime in the Caribbean, an IMF paper yesterday holding out its ‘low rate, broad base’ structure as a model for the entire region.

Gov't targeting $660m revenue rise in 4 years

The Government is targeting improved revenue yields equivalent to 4 per cent of Gross Domestic Product (GDP) as the centrepiece of its plan to generate a recurrent Budget surplus within three years, it was disclosed yesterday.

RoyalFidelity: $1bn goal as 'Caribbean's premier'

RoyalFidelity is now focused on becoming “the premier Caribbean investment bank and wealth manager” after its management-led buyout closed last Wednesday, its president has revealed.Michael Anderson, pictured, confirming that all necessary regulatory

Only 46% leave high school with a diploma

ONLY 46 percent of students who leave high school qualify for a diploma, Education Minister Jeff Lloyd revealed yesterday during his budget contribution in the House of Assembly.

High Flyers and Giants in charge

THE two-time defending division II champions Breezes High Flyers and the Commonwealth Bank Giants, going for a repeat of the men’s title, are now in the driver’s seat of the New Providence Basketball Association’s best-of-seven championship series.

Blue Hills plant needed to keep power on- but that means higher bills until October

CONSUMERS will have to wait until October to see a reduction in their increased electricity bills, according to Bahamas Electrical Workers Union President Paul Maynard.In an interview with The Tribune on Wednesday, Mr Maynard said high summer tempera

Talk of VAT started under PLP during buoyant economy

THE mess to which Mr Bradley Roberts referred as the reason for the PLP’s introduction of VAT into The Bahamas began in earnest under the PLP’s watch between fiscal 2002/3 and 2006/7.

$10M estimate for BEC’s environmental costs ‘conservative’

Valuing the Bahamas Electricity Corporation’s (BEC) environmental liabilities at $100 million is a “conservative” estimate, a well-known attorney warning it was a “pipe dream” to believe the Government would realise top price from its partial privatisation.

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