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NP real estate sales value off 45 per cent during Q3
The total value of New Providence real estate sales on the Bahamas Multiple Listing System (BMLS) dropped 45 per cent quarter-over-quarter in the three months to end-September, the industry yesterday unveiling its initiative to boost “market transparency” and real time data access.
Buddy scores 24, helps Kings beat slumping 76ers 101-95
PHILADELPHIA (AP) — Zach Randolph and Vince Carter have been playing for so long that some of their teammates were toddlers when they broke into the NBA.
Eleuthera ‘jewel’ for sale at $15m
A “jewel of Eleuthera” is said to be attracting significant buyer interest after being put up for sale with a $15m price tag, a local realtor has disclosed.
Comets take early lead
If St Augustine’s College Big Red Machine is going to extend the longest winning streak in Bahamian high school sports history, the Queen’s College Comets are going to force a comeback effort in 2015.
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
Cable readies $30m pref share offering
Cable Bahamas is again preparing to tap the Bahamian capital markets for a further $30 million in preference share financing, which will help fund the roll-out of this nation’s second mobile provider.
Can Bay Street survive ‘til cruise ships return?
TOURISM Minister Dionisio D’Aguilar has questioned whether Bay Street can “hold on” for the return of the cruise ship market, which is the lifeline of businesses down town.
Bahamas has ‘best VAT in the world’
A leading food retailer said the Government eliminated the Value-Added Tax (VAT) “nightmare” by drastically reducing the proposed exemptions, adding: “We have the best VAT in the world.”
$2 billion Gov’t spend ‘doesn’t bode well’
The Government will miss its original goal of eliminating the GFS fiscal deficit by the upcoming 2015-2016 Budget year, amid warnings that its near-$2 billion recurrent spending “doesn’t bode well” for hitting its revised targets.
Governor in bank fee 'transparency' pledge
The Central Bank's governor yesterday pledged to deliver "greater transparency" on commercial bank fees as the country's first credit bureau prepares to start issuing reports by the 2021 second quarter.
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.
Albert Cartwright selected to play in All-Star game
The ultimate goal is to make it to the Major League. But for now, Albert Cartwright is content with just being one of the best players in the minor league making his debut in the 2013 Eastern League All-Star Game.
Major power failure across New Providence
THOUSANDS of Bahamas Electricity Corporation customers were again without electricity yesterday after “generator challenges” at the Blue Hills Power Station interrupted the supply to more than 50 per cent of New Providence.
Boston survives 42-point night by LeBron, down Cavs 107-94
BOSTON (AP) — Jaylen Brown scored 23 points and the Boston Celtics withstood a 42-point night by LeBron James to beat the Cleveland Cavaliers 107-94 last night and take a 2-0 lead in the Eastern Conference finals.
Baha Mar: Chapter 11 end undermines ‘commercial viability’
A Baha Mar director yesterday warned that the termination of its Chapter 11 bankruptcy protection had undermined the $3.5 billion project’s “commercial viability”.
Four more COVID-19 deaths confirmed
FOUR new COVID-19 deaths have been confirmed bringing the country’s fatality count to 735, according to the Ministry of Health Friday.
BISX-listed fund promises investors ‘far better’ 2015
The BISX-listed Bahamas Property Fund yesterday said 2015 will be “a far better year” for its shareholders, as it aims for a ‘double digit’ increase in occupancy levels at its flagship building in downtown Nassau by mid-year.
MP: All natural resource earnings in sovereign fund
The Opposition’s finance spokesman yesterday backed the Government’s plan to create a sovereign wealth fund in principle, arguing that it should receive all royalty payments related to exploitation of this nation’s natural resources.
Oil opponents ‘won’t be priced out’ over $200k costs award
Oil exploration opponents yesterday pledged they will “not be priced out of justice” after the Supreme Court ordered them to find $200,000 to cover Bahamas Petroleum Company’s (BPC) “security for costs”.
Cable targets largest ‘new money’ raise
The $60 million Bahamian dollar component of Cable Bahamas’ latest preference share issue will be the largest ‘new money’ placement by a private company if fully subscribed, its financial advisor saying there had been “a very positive response” by investors.
