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$500m impact and counting

Arawak Homes’ development of Pinewood Gardens unleashed a $500 million economic impact spread over 30 years, its chairman said yesterday, telling Tribune Business that over 80 per cent of the lot sites it acquired have been built upon.

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Massive drop in drug trade to US

By KHRISNA VIRGIL

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Desmond Bannister's mother dies, aged 82

THE Free National Movement offered condolences to Minister of Works Desmond Bannister yesterday on the death of his 82-year-old mother Joyce. “On behalf of the leader, Prime Minister Dr Hubert Minnis, Deputy Leader K Peter Turnquest, Chairman Carl C

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Charitable Charite

Charitable Charite Age: 94 years A resident of Palmetto Ave & Wilson Track Nassau Bahamas died at the Princess Margaret Hospital on Wednesday the 23rd May 2018. Funeral arrangements are being handled by Rest on Funeral Chapel and details will …

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Bahamas and Caribbean CEOs fear tax increases

Some 75 percent of corporate leaders in The Bahamas and Caribbean fear their plans will be impacted by new and/or increased taxes to help pay for elevated debt levels sparked by COVID-19.

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Coalition chief optimistic VAT cut to boost revenue

The Coalition for Responsible Taxation’s head yesterday voiced optimism that the 10 percent VAT slash will generate more revenue than the current structure once zero ratings are eliminated.

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Giants rout the Crimestoppers 113-94

THE Commonwealth Bank Giants proved why they are the defending New Providence Basketball Association (NPBA) champions as they pulled off their biggest challenge so far this year by defeating the Royal Bahamas Police Force Crimestoppers 113-94 at CI Gibson Gym Monday night.

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Oil explorer: 'All the tools we will need'

A Bahamas-based oil explorer yesterday said it now has “all the tools we need” to drill an exploratory well within the 2020 year-end target set by the government, its top executive said yesterday.Simon Potter, the Bahamas Petroleum Company’s (BPC) ch

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Benchmark: ‘We’ve turned the corner’

A BISX-listed company yesterday expressed optimism it has “turned the corner”, its principal adding that its settlement with US federal regulators did “not stipulate” the instant redemption of its $5 million preference share capital.

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Newbold appointed press secretary

THE Cabinet Office announced Thursday the appointment of Anthony Newbold as press secretary in the Office of the Prime Minister.

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Winterbotham staffer passes Series 7 exam

Winterbotham staffer passes Series 7 exam The Winterbotham Trust Company's operations administrator, Jessica Thornley-Mitchell (pictured), has passed the Series 7 exam with a grade of 81 per cent after studying with the Nassau-based Securities Training I

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Shockers rout Marines 117-91 Giants down Rockets 100-88

THE Real Deal Shockers routed the Defence Force Marines 117-91 and the Commonwealth Bank Giants knocked off the Pyramid Food Rockets 100-88 on Wednesday night as the New Providence Basketball Association continued its regular season at the AF Adderley Gym. Here’s a summary of the double header:

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Man accused of series of armed raids

A 20-year-old man was arraigned in a Magistrate’s Court yesterday charged with robbing nine people of more than $50,000 worth of cash and merchandise in the last six months.Edward Colebrooke, also known as “EJ”, stood before Chief Magistrate Joyann F

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PM ‘desperate’ for NHI to mark his legacy

A NOTED surgeon has insisted that Prime Minister Perry Christie is desperate to create and leave behind a legacy when he took over leadership of the committee appointed to plan and execute the implementation of National Health Insurance in January 2016.

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Sarkis hit with $300k legal bill

Attorneys representing creditors of the sole Baha Mar company still in Chapter 11 bankruptcy protection are demanding that Sarkis Izmirlian pay them almost $300,000 to cover their legal fees and expenses.

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DEREK SMITH: Balancing the risks of working at home

There is no doubt that remote working will continue to grow. With remote work becoming a significant business practice, it has quickly risen to the top of many executives’ agendas and become a vital component of talent attraction, employee retention and staff satisfaction. According to Deloitte & Touche’s Global Remote Work Survey, “over 80 percent of organisations have implemented some form of remote work policy”.

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IAN FERGUSON: The human touch in small business

More than 80 percent of Bahamian businesses do not have the benefit of on-staff human resources professionals. Literally thousands of Bahamians are operating without a buffer between them and management.

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The causes of crime

As A trained lawyer, albeit a defrocked one, I had extensive practice before the Criminal Defence Bar during my hey days. In fact, at any given time, I commanded 80 per cent or more of the most heinous cases before all courts, the Supreme and Magistrates included. The other lawyers were obliged to literally, in some case, fight for the crumbs. As such, I came to understand the economic and psychology of crime and the causation.

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In Spain, Lashann Higgs sinks 13 in losing effort

Bahamian guard Lashann Higgs turned in another outstanding performance, but it wasn’t quite enough to lead her Embutidos Pajariel Bembibre PDM women’s professional basketball team to victory in the Spanish League yesterday.