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Concerns that hotel tax breaks unduly exploited
A BAHAMIAN businessman has voiced concerns that foreign investors are unduly exploiting Hotels Encouragement Act incentives to obtain tax breaks on construction materials for large vacation rental properties.
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VAT’s ‘real’ 15% rise since January’s cut
The Davis administration last night said real VAT revenues increased by 15.1 percent year-over-year following the New Year’s Day rate cut with the deficit for the 2022-2023 fiscal year’s first quarter slashed by $116.4m.
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Workplace dispute stirs at Pharmachem
A workplace dispute is brewing at a Freeport manufacturer over assertions that plans to implement a 12-hour shift system could put impacted staff “at risk” and amount to a “unilateral variation” of their employment terms.
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Shaunae doesn’t make Athlete of the Year list
With the voting procedure closed on October 31, Bahamian quarter-miler Shaunae Miller-Uibo fell short of making the list for the final five for the World Athletics’ Women’s Athlete of the Year.
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Lightbourne and Dames lead KCKCC to upset over no.19 Pirates
THE Kansas Community College Blue Devils have opened the season with one of the most difficult schedules in all of junior college basketball and got their first upset win over a ranked team led by its talented Bahamian duo.
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Boxing team heading off
WITH the 27-member team already reduced because of the lack of funding, Bahamas Boxing Federation President Vincent Strachan said he’s confident the remaining 10 boxers will get the opportunity to travel this week to Kissimmee, Florida.
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Business destroyed by Dorian is ruined again by Nicole
MEDIOUS Edgecombe, the owner of Coopers Town Marine, is in good spirits despite his business being destroyed by Hurricane Nicole after barely recovering from the aftermath of Hurricane Dorian.
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INSIGHT: Fyre, FTX and the harm to our nation
A YOUNG entrepreneur, out of his depth, losing a ton of money and injuring the reputation of The Bahamas along the way. I could be talking about Sam Bankman-Fried, whose company FTX has combusted so spectacularly in the past week or so – and I will – but let’s take a trip to the past first.
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220 Legendary jobs for ‘hazardous’ site
An $80m marina investment for southern New Providence is pledging to transform “a hazardous location” blighted by trash dumps and stolen boats via a project that will create 220 permanent jobs at full build-out.
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Team Bahamas eliminated
Team Bahamas was eliminated from FIBA World Cup ‘23 contention, but a pair of resilient efforts at home led to a two-game split in the latest window of Americas Qualifiers.
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SAC Big Red Machine dominate cross country
WITH the return of the Bahamas Association of Independent Secondary Schools’ cross country championships on Saturday at St Augustine’s College, the Big Red Machine rode around their campus with another dominating performance.
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Thomas, Surprise Saguaros win AFL title
TAHNAJ Thomas’ Arizona Fall League season concluded with a championship title after his Surprise Saguaros rallied to win the longest postseason game in AFL history.
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CARIFTA: Team Bahamas bringing home four medals
THE Bahamas national team is expected to return home from the CARIFTA Triathlon & Aquathlon Championships with a total of four medals, inclusive of a pair of silver and bronze each and a fifth place overall.
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‘Buddy’ Hield and Pacers off to surprising start
CHAVANO “Buddy” Hield’s sixth 20-point game of the year led the Indiana Pacers to a win on the road for what most NBA pundits have deemed a surprising start to the 2022-23 season.
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McFall, McCoy off to good start in NCAA Div. ii
BOTH Johnathan McFall and Malachi McCoy got their senior seasons off to promising starts as the NCAA Division II basketball season tipped off last weekend in early season tournament play.
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Bahamas secure hard-fought win over Panama
THE Bahamas men’s national team played with a lot of heart and grit right to the end, securing a hard fought 83-79 victory over Panama in the first of two games at home this weekend as the FIBA Americas World Cup Qualifier continued Friday night at the Kendal Isaacs Gymnasium.
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$73m ‘zero carbon’ project targets 36k annual visitors
A $73m investment is aiming to attract 36,000 guests per year at full build-out of a “zero carbon” residential and yacht community on an Exuma cay located just three miles from Georgetown.
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Shamar Burrows and Tigers nationally ranked at No. 10
AFTER the first two weeks of the season, Shamar Burrows and the Dalhousie Tigers are nationally ranked at no.10 in Canada’s U Sports men’s basketball power rankings.
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Grand Lucayan sale failure gives investors bad signal
GRAND Bahama’s Chamber of Commerce president yesterday voiced fears that the repeated failures to sell the Grand Lucayan resort will discourage other investors from coming to the island.
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STATESIDE: Watching the election
FOR months, headlines have screamed out warnings that the future of American democracy was at stake in Tuesday’s elections.