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Nassau/PI hotels see 35% ‘business on books’ jump

Nassau/Paradise Island hotels are eyeing a 35 percent year-over-year increase in “business on the books” for 2023, it was disclosed yesterday, with “loaded” airline seats through June also up on 2022.

AC challenges at Justice Centre ‘being addressed’

SUPREME Court Deputy Registrar Renaldo Toote said the air-conditioning challenges that prompted workers to walk out of the Garnet Levarity Justice Centre in Grand Bahama are being addressed.

Bahamas 'ass backwards' over oil negotiations

A well-known attorney yesterday said the Bahamas had done an “ass backwards” job in negotiations with the Bahamas Petroleum Company (BPC), arguing that the country should receive “no less than 60 per cent” of the proceeds if commercial quantities of oil were discovered.

BTC targets Internet lead with 90% fibre coverage

The Bahamas Telecommunications Company (BTC) is aiming to cover 90 percent of New Providence with its new fibre network within the next nine months as it placed broadband Internet at the core of yesterday's corporate rebranding.

Staying fit for life

DEVOTED and dedicated to a career that empowers persons to reach their fitness and nutrition goals, Charmaine Hepburn started Stay Fit For Life for persons of all ages.The outdoor group fitness and weight loss programme is designed to help persons ac

SUPERVALUE IN 'OVER 20%' XMAS SALES RISE

By NEIL HARTNELL Tribune Business Editor The Supervalue supermarket chain saw a more than 20 per cent year-over-year increase in its Christmas sales figures, its owner and president telling Tribune Business yesterday the company was likely to invest a fu

Sports Notes

THE top scorer and MVP in Financial Bowling League competition Wednesday night was Stan Bethell of the Strike Force with a 222 second high game and a huge 633 three game set.

Bahamian basketball players standouts in junior college

SEVERAL Bahamian athletes delivered standout performances for their respective programmes at the Junior College level.

Central Bank back in compliance on Gov't debt limits

THE Central Bank yesterday said its government debt holdings are back in compliance with its governing Act, with medium and long-term maturities equal to 12.52 per cent of its demand liabilities.The regulator, responding to the IMF’s Article IV repor

80% Baha Mar vendor payout by tomorrow

Baha Mar’s creditor payout committee believes it will “have dealt with” about 80 per cent of Bahamian vendor and contractor claims by tomorrow, as it explores ways to “speed up” the process.

Palm Cay adds 20 jobs with eatery

Palm Cay, the real estate development on New Providence’s southeastern coast, has added 20 jobs through completion of its Marina & Beach Club.

Broker 'optimistic' doctors' captive issues resolved

By NEIL HARTNELL Tribune Business Editor A Bahamas-based insurance executive is "optimistic" that differences with the regulator over a captive insurer providing coverage to 70-80 Bahamian physicians

RoyalStar eyes Matthew payout ‘over’ $90m total

A Bahamian insurer yesterday said it will be paying out “in excess of $90 million” in Hurricane Matthew-related claims on behalf of itself and network partners, with 65 per cent already settled.

Govt mulling over adding property tax on light bills

The government is forecasting a three percent inflation increase this year as a result of the VAT rate hike, and examining whether to collect real property tax by adding it to light bills.KP Turnquest, the deputy prime minister, in an address to the

Teachers respond to govt

BAHAMAS Union of Teachers president Belinda Wilson says a response has been sent to the government on its counter proposal regarding a salary increase for educators.

RoyalStar: 15% of profits from ‘bad mortgage’ link

RoyalStar is aiming to “diversify” by building a closer relationship with its mortgage restructuring affiliate, its top executive yesterday revealing this will generate 10-15 per cent of its profits within the next three years.

PM slams predecessor on $99m BTC deficit

Prime Minister Perry Christie has again slammed the former Ingraham administration for failing to provide the $39 million needed to cover the Bahamas Telecommunication Company’s (BTC) original pension fund deficit, arguing that this had caused the shortfall to balloon to $99 million.

Buddy Hield set for NBA Draft Combine

THIS week marks an important step on Buddy Hield’s path toward the National Basketball Association (NBA) as the top collegiate and international prospects look to increase their stock ahead of next month’s Draft.

No answers as brothers' case delayed again

THE end of a six-year dispute between the millionaire Weissfisch brothers may not be in immediate sight as the hearing was rescheduled again yesterday morning. The hearing before the Court of Appeal is now set

APPEAL IN MILLIONAIRES' DISPUTE MUST WAIT UNTIL AFTER ELECTION

YESTERDAY'S Appeal Court hearing, expected to end the six-year dispute between the millionaire Weissfisch brothers, did not go ahead as scheduled. It is understood the hearing was rescheduled for May 9 -- two days after the general election. The dispute st

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