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Cybots take game 1 of championship series
The MailBoat Cybots stunned the Commonwealth Bank Giants in game one of the New Providence Basketball Association's (NPBA) best-of-five championship series.
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The importance of understanding blood pressure - know your numbers
Are you suffering from high blood pressure? In the Bahamas, it’s an epidemic silent killer. A 2006 healthy lifestyle initiative led by the government noted that approximately 21 percent of the Bahamian populace had hypertension. And according to a 2012 PAHO report, the number one cause of death in the Bahamas between 2006 and 2009 was related to hypertensive disease with 688 deaths.
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National debt now over $6bn
The Bahamas’ national debt breached the $6 billion threshold during the 2014 fourth quarter, with more than $200 million added to it in the preceding three months.
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Failed broker: $9.7m hangs in the balance
A successful winding-up of Owen Bethel’s Montaque Capital Partners is dependent on recovering $5.35 million owed by the insolvent Bahamian broker/dealer’s clients and affiliates, plus the fate of $4.3 million being claimed by a Canadian provider.
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Jones posts double in Foxes’ victory
FOLLOWING a break in competition for national team play at the FIBA Eurobasket 2021 Qualifiers, Jonquel Jones and her UMMC Ekaterinburg Foxes began FIBA Euroleague play this week and continued their dominance in the region.
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$10m Port IPO hits the road
The roadshow for Arawak Cay Port Development's (APD) $10 million initial public offering (IPO), which kicked off last week, has received significant public interest, the company says. APD began the meetings at the Harry C Moore Library in Nassau, and the
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Buddy named Big 12 Player of the Year
BUDDY Hield continues to rewrite the history books for the Oklahoma Sooners and set new milestones for Bahamian basketball.
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So, what news from capsize investigation?
In February, 2019 a boat left Haiti with reportedly 97 persons on board: The boat reported capsized and sunk in Bahamian waters in the Abacos. The media published the reports and told us that law enforcement in The Bahamas would be investigating this major incident. We have heard no more of the incident and the result of the investigation.
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$300m cruise port won’t be ‘a tourism Wal-Mart’
Nassau Cruise Port’s top executive says he is “absolutely” confident that its $300m transformation will increase visitor spending yields and lure more hotel guests downtown, adding: “We’re not creating a tourism Wal-Mart.”
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UPDATE: Govt won't allow BPL to impose late fee
THURSDAY AFTERNOON UPDATE: The Davis administration said it will not allow BPL to impose a late fee on the Bahamian people. It was only one of five considerations in a discussion to lower the company’s outstanding arrears, according to Acting Press Secretary Keishla Adderley at the OPM press briefing this morning. BPL also released a statement (left) saying it did not have plans to impose a late fee on its customers at this time.
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$10m poultry investment in ‘Nassau-centric’ move
A $10m poultry farming project is aiming to “become more Nassau-centric”, with its investor yesterday pledging it remains committed once land and the incentives regime are agreed with the government.
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Make COVID-19 ease 'permanent', PM urged
The Prime Minister was last night urged to make his latest COVID-19 relaxation "permanent" after he gave retailers on the brink of closure a last-minute reprieve that may enable their survival.
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Dorian-hit firm: We will be 'stronger than ever'
A major Freeport retailer/wholesaler is aiming to “fully reopen” its building materials division tomorrow, as it pledged to rebound from Hurricane Dorian “stronger than ever before”.John Doherty, Kellys (Freeport’s) general manager, told Tribune Busi
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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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‘Don’t waste billions’ on Andros as capital
A Freeport-based QC yesterday urged the government to “pull the trigger” on making his city The Bahamas’ future capital rather than waste “billions and billions” on moving it to Andros.
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Oil explorer shrugs off end to ‘exclusive’ talks
A Bahamas-based oil explorer yesterday said it was now locked in joint venture talks with “multiple parties” after a “major global oil company” ended their exclusive negotiations.
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Insurance faces 'significant strain' if rates cut again
The Bahamian insurance industry will be placed under “significant strain” if there is a further cut in the Prime interest rate, with one underwriter also said to require “recapitalisation”.
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BPL inks with Credit Suisse for $100m
BAHAMAS Power & Light (BPL) has executed an engagement letter with Credit Suisse for the provision of up to $100 million in interim financing, the Minister of Works said yesterday.
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Public says no to VAT, according to new survey
A SURVEY has been launched to gauge what Bahamians think about Value Added Tax – with the early results showing the majority of those polled reject it.
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Palm Cay adds 20 jobs with eatery
Palm Cay, the real estate development on New Providence’s southeastern coast, has added 20 jobs through completion of its Marina & Beach Club.
