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Sandals to expand $23m hotel by 50%

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i

Tobacco start-up targets up to $10m first year sales

A Bahamian-owned tobacco manufacturing start-up yesterday said it was targeting $5-$10 million in first year gross sales, but warned this and employee hires could be “significantly impacted” if no Excise Tax exemption was forthcoming.

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Natasha Newbold ‘was a strong-minded individual who never felt that she would fail’

NATASHA Newbold played a pivotal role in the sport of bodybuilding and powerlifting. She was a strong-minded individual who never felt that she would fail or not be able to finish a race.

LIFE LINES: Harnessing our thoughts

Why should we try to harness our thoughts, understand them or rein them in when we are frequently told to “think things through”. Certainly we need to “think things through” objectively and in a realistic way before taking certain actions which could be either physically dangerous, risky economically or emotionally hazardous. In other words, exercising some common sense in everyday situations.

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2017 Youth Games to be biggest held in its history

WITH more than 1,300 athletes from 70 countries expected in town July 18-23, the 2017 Commonwealth Youth Games (CYG) is shaping up to be the biggest held in its history.

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NEMA ‘strengthening systems’ to bring help to Bahamians

THE National Emergency Management Agency (NEMA) says it is strengthening its organisational structure and systems to effectively bring about assistance to Bahamians impacted by Hurricane Matthew in its latest progress report.

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Jones posts double double - 29 points, 13 rebounds - in WNBA All-Star game

JONQUEL Jones displayed why she is a star among WNBA stars and shined on the brightest stage among the league’s best players at its midseason classic.

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Bahamas’ 20% shrink ‘not seen in worst crisis’

Bahamian economic output shrunk by a “remarkable” 20 percent in 2020, an Inter-American Development Bank (IDB) economist said yesterday, branding this COVID-induced plunge as “something you don’t see in the worst crisis”.

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SAC lead QC by 13.5 points on final day

A WIN in the final event of the day widened the margin for the St Augustine’s College Big Red Machine as they continue their bid to unseat the Queen’s College Comets as BAISS track and field champions. Headed into day three, just 13.50 points separa

Web shops urged to withhold due taxes

Web shops were yesterday urged to withhold all revenues currently due to the government, amid claims planned tax hikes were intended to wipe them out in favour of a national lottery.Philip Galanis, the former MP and senator, told Tribune Business he

Student Run Marathon Bahamas features more than 20 teams

IN an effort to engage student athletes in the fight against cancer and promote healthy lifestyles through competition, Scotiabank will once again partner with Sunshine Insurance for its seventh annual Race Weekend.

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Bahamas finishes fourt in Caribbean Amateur Junior Golf Championships

THE Bahamas finished the 26th Caribbean Amateur Junior Golf Championships in a familiar position on the final standings, according to team executives.

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Man fights for life after stabbing

A 24-year-old man is fighting for his life in hospital after being repeatedly stabbed.

Saved by the net

By Mike Lightbourn You're ready to list, but are you ready to sell? Let's say that on the first day your home is for sale, your agent shows it to prospective buyers. They love it, and make an offer on the spot. You were asking $345,000, and they offer $3

Saved by the net

By Mike Lightbourn You're ready to list, but are you ready to sell? Let's say that on the first day your home is for sale, your agent shows it to prospective buyers. They love it, and make an offer on the spot. You were asking $345,000, and they offer $3

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Fined $200 for cocaine possession

A 26-year-old man who was caught with three grams of cocaine was fined $200 in Magistrates Court yesterday.

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NPBA Playoffs: Stingers, High Flyers take 2-1 leads

THE PJ Stingers and the Breezes High Flyers are both now one game away from returning to the New Providence Basketball Association’s championship series.

Properties taxed on just 40% of value

The average Bahamian property is being taxed on just 40 per cent of its market value, a report warning that this is creating “efficiency and equity distortions” that undermine revenue yields and compliance.

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John Kerry: US ‘delegation here to listen’

UNITED States special presidential climate envoy John Kerry last night told government officials at a welcome reception hosted by the US embassy that every country must join in the fight against climate change and do its part to respond to the crisis for the future generations to come.

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Insurance cuts Aliv's Dorian cost to $2.5m

Aliv’s subscriber base grew by 20 percent during the final six months of 2019, its top executive revealed yesterday, after the mobile operator shrugged off $2.5m in one-off net Dorian costs. Damian Blackburn told Tribune Business it had “recovered a