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Out Island resorts 10% above Christmas 2019
Family Island resorts are “expecting” business for the November-December period to be 10 percent above 2019 levels, an industry executive saying: “The needle is moving in the right direction.”
Official police statistics show 3% rise in murder
DESPITE a three per cent increase in murder last year, Police Commissioner Ellison Greenslade said yesterday that serious crimes in the Bahamas decreased by 18 per cent in 2014 compared to 2013.
Over $5m stolen from businesses in police cases
More than $5 million worth of cash and goods were stolen from Bahamian businesses in the 379 cases reported to the police during 2014, it was revealed yesterday.
Police ‘failed’, says Nottage
LAW enforcement has “failed” in attempts to lower the country’s murder count, National Security Minister Dr Bernard Nottage admitted yesterday.
Country not a better place if PLP win, survey says
ALMOST 100 per cent of Bahamians surveyed in an online poll do not believe the country will be in a better place should the Progressive Liberal Party win the next election, according to data from advocacy group Bahamians Awake.
‘Buddy’ agrees to $94m
Buddy Hield concluded his contract negotiations with the Sacramento Kings and reached the most lucrative deal ever signed by any Bahamian athlete.
Bahamians making great strides in the NCAA
IN their new surroundings as freshmen or transfers to major Division I NCAA basketball programmes, Bahamian players have made an immediate impact with their respective schools.
Roosevelt Whylly helps Hurricanes to win
THE midseason winter break is over for Bahamian basketball players and their respective colleges in Canada and as play resumed they look to hold on to their national rankings in the second half.
IDB: $13M 'RETROACTIVE' TO STOP ROADWORKS SHUTDOWN
By NEIL HARTNELL Tribune Business Editor An alarmed Inter-American Development Bank (IDB) is providing $13 million in retroactive financing to prevent a "cash flow shortfall" from bringing the New Providence Road Improvement Project to a temporary halt,
‘Banner year’: Resorts beat revenue target by 10% pts
Resorts on major Family Islands are targeting “a banner year” in 2023 after room revenues through to end-October beat the industry’s post-COVID target by ten percentage points.
GBPA ‘exposed’ to legal challenge on power rate process
The Grand Bahama Port Authority (GBPA) was yesterday warned it is “exposing” itself to potential legal challenge by allowing just a nine-day public consultation over the island’s proposed electricity rates for the next three years.
Alarm voiced over cruise industry's Nassau bypass
A Bahamian destination provider yesterday voiced alarm that the cruise ship industry may initially bypass Nassau in favour of its private islands once it makes its COVID-19 comeback.
PM: 40% of VAT money to deficit
Prime Minister Perry Christie yesterday said 40 per cent of the $1.14 billion Value-Added Tax (VAT) revenues has gone towards reducing the deficit, as he gave an accounting designed to end the “grave and nonsensical misconceptions that revenues were being squandered”.
VAT hike puts further strain on cook-outs
“Cook-out” targets will have to increase due to the VAT rate hike, a well-known insurer yesterday warning that 85 per cent of healthcare costs will not benefit from planned tax exemptions.Emmanuel Komolafe, the Bahamas Insurance Association’s (BIA) c
HALF OF MEDICAL STAFF STILL WON’T TAKE JAB: Doctor among COVID deaths as Pfizer rollout scheduled for Thursday
AN unvaccinated physician has died of COVID-19 complications, while three unvaccinated healthcare workers are currently hospitalised with the virus, according to Dr Merceline Dahl-Regis, the National COVID-19 Vaccine Consultative Committee chairperson.
Bahamas First chief ‘very confident’ over VAT deal
Bahamas First’s top executive is “very confident” the government and general insurers will reach “a mutually beneficial resolution” to end the uncertainty over VAT recoveries on claims payouts.
Chamber chief ‘astounded’ by 4,000 VAT payers
The Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chief executive yesterday said he was “astounded” by government figures showing less than 4,000 companies would be liable to pay Value Added Tax (VAT), adding that this emphasised the urgency of passing legislation designed to strengthen the small business sector.
GSSSA: Rattlers to face Mystic Marlins
By BRENT STUBBS
ART OF GRAPHIX: Store knowledge of computer memories
A few days ago I was busy cleaning my son’s laptop, discarding unused files, tidying up desktop folders, creating folders and fragmentation exercise etc.
Gov’t raises $72m from ‘not normal’ BGS bond
The Government’s financial advisers yesterday estimated it will take three years for Bahamian investors to start treating its new BGS security as a “normal investment vehicle”, after the first issue for the 2015-2016 fiscal year came in 28 per cent below target.
