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‘Hundreds of acres’ for LPIA expansion
Nassau airport’s managers are moving to secure “hundreds of acres” for potential future expansion of its runway and terminal “footprint”, a Cabinet Minister revealed yesterday.
Mortgage relief criticisms 'legitimate enough', says leading plan architect
A leading architect of the Government’s mortgage relief plan has described criticisms that it will not have the advertised effect as “legitimate enough”, while arguing that it would “be a good start” even if just 20-25 per cent of delinquent borrowers were assisted.
Bahamas losing $3m per week to sports fishermen
BAHAMIAN fishermen have backed proposed legislation that would limit the amount of seafood foreign sports fishermen are allowed to retain, estimating that this nation’s fisheries sector is losing $3 million a week to thisl practice.
Sports in brief
WITH the Bahamas Softball Federation’s Austin Knowles National High School Softball Tournament completed over the weekend, the attention will now switch to the 2013 National Round Robin Championship series this weekend (October 31 to November 3)
Fidelity investors to gain $16.45m early xmas gift
Fidelity Bank (Bahamas) shareholders will next Friday receive an early Christmas present through a total $16.45m dividend payout by the BISX-listed institution. Gowon Bowe, Fidelity’s chief financial officer, confirmed that some $8.949m of the capit
NPBA: Stingers close out year with two straight wins
THE PJ Stingers closed out the year by winning two consecutive games on the final weekend of regular season play for 2016 in the New Providence Basketball Association.
Bahamasair: 20% of subsidy pays off Gov't bills
More than 20 per cent of the $23.476 million taxpayer subsidy granted to Bahamasair in fiscal 2011-2012 went on a money ‘merry go round’ to pay bills the airline owed to its Government shareholder.
Resort targets 20% solar cost savings
AN all-inclusive Andros dive resort is expecting to generate 20 per cent cost savings after being outfitted with solar heaters, its owner telling Tribune Business yesterday that high energy costs were a major challenge for all Out Island resorts.
Magic rally in 2nd half to beat Heat 104-98 in overtime
By KYLE HIGHTOWER Associated Press ORLANDO, Fla. (AP) -- Dwight Howard had 24 points and 25 rebounds, Jameer Nelson scored 25 points, including 12 in the fourth quarter and overtime, and the Orlando Magic came back to beat the Miami Heat 104-98 last night
QC Comets are on a roll
QC Comets are on a roll By RENALDO DORSETT Sports Reporter rdorsett@tribunemedia.net In a fourth quarter which featured three ties and four lead changes, a late run by the No.1 seed led them to a game one win in the Bahamas Association of Independent Se
QC Comets are on a roll
QC Comets are on a roll By RENALDO DORSETT Sports Reporter rdorsett@tribunemedia.net In a fourth quarter which featured three ties and four lead changes, a late run by the No.1 seed led them to a game one win in the Bahamas Association of Independent Se
QC Comets are on a roll
QC Comets are on a roll By RENALDO DORSETT Sports Reporter rdorsett@tribunemedia.net In a fourth quarter which featured three ties and four lead changes, a late run by the No.1 seed led them to a game one win in the Bahamas Association of Independent Se
Two jailed over John Bull raid
A SUPREME Court judge yesterday told the two men convicted of conspiring to rob a John Bull retail store that their sentence had nothing to do with the prevalence of armed robbery in the Bahamas.
Permanent residence reforms 'no hedge' on tax info share
The proposed permanent residency reforms are “not a hedge” against OECD/G-20 plans for a worldwide automatic exchange of tax information system, a leading financial services executive said yesterday.
RoyalFidelity equity fund investors see near-20% returns
RoyalFidelity Merchant Bank & Trust’s mutual fund family has enjoyed its “third straight year of positive returns” following their 2012 restructuring, with its equities fund generating near-20 per cent for investors.
Cable gains 16,600 US clients post-deal
Cable Bahamas’ US business has added 16,600 new residential customers in the two years post-acquisition, and will provide the BISX-listed provider with combined revenue growth of more than 20 per cent over the next five years.
Cybot Queens roll over Lady Truckers to even series 1-1
THE Super Value Cybot Queens blew out the Johnson Lady Truckers to even the New Providence Women’s Basketball Association best-of-3 series at 1-1.
Cornish pleads not guilty to charges of rape, assault and death threats
NORTH Abaco MP Kirk Cornish yesterday denied accusations that he raped, assaulted and threatened to kill a woman earlier this year.
Top auto dealer to cut inventory 25%
A leading auto dealer yesterday said he would “cut back” early 2015 inventory levels by 25 per cent due to VAT-related uncertainty, anticipating that sales might drop by 20 per cent.
Revived Mortgage Plan may assist ‘over 1,000’
The Government yesterday unveiled a revised Mortgage Relief Plan it believes could assist “upwards of 1,000 delinquent borrowers”, via a 20-25 per cent cut to monthly loan payments.