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$3.2m acquisition to be donated for GB hospital

Doctors Hospital has teamed with three philanthropists to close the $3.2m purchase of its new Freeport facility and provide services to those who cannot normally afford private healthcare.

Gov’t targets property tax tripling to $400m

The Government is aiming to more-than-triple annual real property tax collections to at least $400m as a key component in its ambitions to achieve a 25 percent revenue-to-GDP ratio.

Airlines threaten cut backs over tax rises

Airlines representing 90 per cent of US airlift into the Bahamas have warned they may cut their services due to the Budget’s tax increases, a move that will undermine the tourism industry and threaten plans for a 400,000 seat capacity increase.

S&P’s higher deficits on VAT ‘uncertainties’

Standard & Poor’s (S&P) has agreed that there are “indeed uncertainties” surrounding Value-Added Tax (VAT) implementation, and is less optimistic than the Government in projecting a 3 per cent fiscal deficit for 2015-2016.

FINCO: Three-year offload sparks $9.1m provision hit

Despite recovering "in excess of" 80 per cent of the outstanding principal 0n distressed property sales, FINCO's managing director yesterday said the mortgage

Cornish puts up solid numbers for the Seawolves

JARON Cornish continues to produce solid numbers in his first season with the Stony Brook Seawolves in the America East Conference. Cornish recorded his second double double of the season with 16 points and a season high 13 rebounds in Sunday’s 53-51

Revived provider targets ‘100-plus’ staff in next year

A rejuvenated Bahamian communications provider yesterday said it plans to expand its workforce to 100-plus persons over the year, and invest $3 million in completing its network roll-out.

Bahamasair’s revenue off a ‘staggering’ $32m

Bahamasair’s “staggering” financial losses continue to mount, its chairman revealed yesterday, disclosing that revenues for its just-completed 2020 financial year were down $32m compared to 2019.

Oil exploration 'not in country's interest'

A University of The Bahamas (UB) professor yesterday said that exploratory oil drilling is “absolutely against our best interest” as a country due to the nation's climate change vulnerabilities.

Freda Baker, a familiar face at Baker & Sons

Freda Baker, co-owner with her sisters of A Baker and Sons, one of Nassau’s oldest businesses died on October 31. She was 94.

BOB trading bandwidth is increased 54%

The bandwidth in which Bank of the Bahamas shares can trade on BISX has been expanded for the second time in less than two months, this time by 54 per cent, amid alterations to its $40 million rights offering.

Family Island resorts in further COVID ease call

Some Family Island resorts yesterday called for the further easing of COVID-19 restrictions while backing the Government’s relaxation of the mask mandate within hotels.

Jury discharged in Gibson trial for protocol breach

THE jury in Adrian Gibson’s corruption trial was discharged yesterday after a Supreme Court judge dismissed two jurors for failing to obey protocols.

Jurors sworn in after lengthy selection process in Gibson trial

A NEW jury was empanelled yesterday in Adrian Gibson’s corruption trial after a lengthy selection process that dismissed several candidates because of their ties to the accused or witnesses.

Court of Appeal rejects Adrian Gibson's constitutional motion

THE Court of Appeal rejected Adrian Gibson’s latest constitutional motion on Friday, paving the way for his corruption trial to begin on Monday.

Ministry pleased with sports tourism ‘heads in bed’ plan

THE Sports Tourism “Heads in Bed” initiative worked perfectly for the University of Kentucky, which brought more than 800 fans to support their Wildcats men’s basketball team here last week.

Ayton and Suns advance to West Finals

A season of historic milestones will continue for Deandre Ayton and the Phoenix Suns in the Western Conference Finals.

Gaither falls short of final place, Colebrooke seventh in his heat

TYNIA Gaither’s bid for a spot in the final of the women's 100 metres and Samson Colebrooke's attempt to get out of the first round of the men's 100m heat fell short on Saturday night at the 2020 Olympic Games.

Bail and Carey to start NCAA careers in fall

Bail and Carey to start NCAA careers in fall By RENALDO DORSETT Sports Reporter rdorsett@tribunemedia.net Their careers have been tied together since junior high school and after a lengthy recruiting process, a pair of Bahamian basketball standouts wil

Jonquel Jones invited to the WNBA Draft

GEORGE Washington Colonials senior forward Jonquel Jones has been invited to attend the 2016 WNBA Draft on Thursday evening.

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