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CIBC gives to Ranfurly Home
THE Ranfurly Homes for Children received some added Christmas cheer when CIBC FirstCaribbean demonstrated its commitment to Bahamian youth with a donation to help cover the home’s holiday activities.
AML 'stops counting' at 2,000 resumes for 90 jobs
AML Foods yesterday told Tribune Business it had “stopped counting” after receiving over 2,000 applications for the 90 jobs that will be created when its Solomon’s Fresh Market store at Harbour Bay opens before Christmas, the situation highlighting why proposed Employment Act reforms should be shelved.
Baha Mar will not reopen until October
BAHA MAR has announced it will not resume operations until October and will carry out additional staff cuts. The luxury hotel property says it has postponed reopening in light of the “evolving nature” of the COVID-19 pandemic. In a letter to its emp
$110m collected in VAT in first three months
THE government has collected $110m in value added tax payments during the first three months of the year, Prime Minister Perry Christie told the House of Assembly yesterday.
Matthew gives Bahamas $300m reinsurance boost
The Bahamas Insurance Association’s (BIA) chairman has estimated that this nation will benefit from a $300 million foreign currency inflow from reinsurers as a result of Hurricane Matthew.
Bahamas provider slams $20m crypto ‘fraud’ claim
A Bahamian financial institution and its affiliate yesterday slammed a $20m damages claim against them as “baseless”, denying they participated in a “conspiracy to sabotage” a virtual token issue.
Stingers players in move to the next level
THE Sunland Stingers senior boys’ basketball programme had a season of milestones and has now produced a trio of players that will continue their careers at the next level.
BTC to continue 'home work' model to end-2020
The Bahamas Telecommunications Company (BTC) yesterday said it will continue the work-from-home model that is running 90 percent of its operations for the rest of 2020.
BPGA gears up for 50th National Pro Golf Championships
THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.
National baseball stadium field ‘will be world class’
AS baseball at all levels continues to take centre stage in the country, the timeline for completion of the much maligned Andre Rodgers National Baseball Stadium faces another possible delay.
BREA chief: Do ‘admirable thing’ for existing deals
The Bahamas Real Estate Association’s (BREA) president says it will be “the admirable thing to do” for the government to “honour” current VAT rates on high-end deals agreed before the budget’s unveiling.
Bahamas First severs Colina General tie-up
Bahamas First has issued Colina General Insurance Company with 90 days’ notice that it plans to terminate their agency relationship because of the latter’s parent re-entering the underwriting business.
New faces join ranks of public servants after vote
THE official results are in for the local government elections on Grand Bahama and several newcomers were elected to represent and serve their communities. In the City of Freeport District, six of the nine councillors are newcomers to local government.
Giants a series win away from 3-peat
By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net The Commonwealth Bank Giants are now just one series win away from three-peating as the New Providence Basketball Association (NPBA) champions. At DW Davis gym Monday night, the Giants retur
Stop the blame game on murders
I was somewhat amazed when reading your editorial on January 7, 2015, about the Prime Minister saying it might have been unwise of him blaming the FNM for the crime problem in our country.
Little juice left
ActivTrades
Global stocks of orange juice have shrunk significantly, and raw material costs are rising. Consumers must be prepared for price increases for their most popular drink.
Lincoln Bain allowed appeal to Privy Council
THE Court of Appeal has granted Lincoln Bain permission to appeal its decision supporting a Supreme Court order that he repay monies on a failed investment.
Baha Mar parties in ‘good faith talks’
A Cabinet Minister yesterday confirmed that the parties to the $3.5 billion Baha Mar dispute “appear to be negotiating in good faith”.
Balmoral preparing for new $3m phase
Real estate developers will have “a really difficult time” selling their developments without in-house financing, The Balmoral’s principal told Tribune Business, adding that he was set to launch another $2-$3 million phase within four months.
EDITORIAL: Workers in demand as furlough scheme ends
WHILE all eyes are on the Royal visit that began yesterday, there is one story that should not be drowned out in the fanfare.