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Concerns that hotel tax breaks unduly exploited

A BAHAMIAN businessman has voiced concerns that foreign investors are unduly exploiting Hotels Encouragement Act incentives to obtain tax breaks on construction materials for large vacation rental properties.

Jones: ‘We’re still young, still hopeful for the season’

LIKE most highly touted rookies, Jonquel Jones is facing an adjustment period in her rookie season of WNBA basketball.

No.19 pick Kai Jones posts double double in ‘sensational’ NBA Summer League debut

KAI Jones had an immediate impact on the Charlotte Hornets organisation and made the league take notice with a sensational NBA Summer League debut.

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.”

Murder rate down 13% from 2011

DESPITE overall crime statistics being down by 5 per cent in 2012 compared to 2011, police say serious crimes or crimes against persons increased by 2 per cent during the same time period.

$12m bill for centre

$12m bill for centre By SANCHESKA BROWN Tribune Staff Reporter sbrown@tribunemedia.net DOCUMENTATION tabled in the House of Assembly revealed the government spent $12 million to build two new facilities at the Sandilands Rehabilitation Centre, nearly do

Bahamian firms urged to exploit US funding

SMALL business loans represented 87 per cent of the US Export-Import Bank's $33 billion credit portfolio last year, a senior US embassy official said yesterday, urging Bahamian companies to take advantage of its programmes to access additional capital for their enterprises.

Privatisation targets wages 99% of income

A key privatisation target’s payroll costs now equal 99 percent of revenues, a Cabinet minister has revealed, as he confirmed: “We’re trying to outsource as many entities as possible.”

US Coast Guard search for missing cruise ship passenger

THE US Coast Guard is searching for a man from Brazil who fell off a Royal Caribbean cruise ship near the Bahamas.

Reality show aims to attract Chinese Visitors

A Bahamian tourism promotion firm is using film to attract Chinese visitor attention to the Bahamas and convert it into travel.

SYSTEM EXPECTED TO STRENGTHEN AS IT REACHES THE BAHAMAS

METEOROLOGISTS are monitoring a low pressure system heading for the Bahamas that is expected to develop into a tropical storm or depression.

Respects paid to Edmund Moxey

SENIOR figures from Bahamian life paid their respects to Edmund Moxey at the House of Assembly yesterday, where his body lay in state before his funeral this morning.

Cleaning company hands donation to school

TRINITY Ultimate Cleaning Services Ltd, a local business on Exuma, recently made a donation to the L N Coakley High School on that island. Principal Don Barr highlighted a goal to outfit the school’s junior block with air-conditioned classes along w

COVID-19 SUNDAY UPDATE: Two newly confirmed cases

The Ministry of Health announced on Sunday that there are two newly confirmed cases of COVID-19.

Man in court in connection with armed robbery

JERMAINE Russell, 33, of Pinewood Gardens was arraigned before Magistrate Constance Delancey yesterday in connection a July 7 armed robbery.

Defence Force detains 112 migrants

THE Royal Bahamas Defence Force apprehended 112 undocumented Haitian migrants some 24 nautical miles west of South Point, Long Island on Thursday morning.

‘Grammy’ Wallace-Whitfield: Go for Gold

BAHAMIAN Olympian Pauline Davis and CARIFTA volunteer as well as long-time track and field supporter Beverly “Grammy” Wallace-Whitfield offered strong words of wisdom and encouragement to Team Bahamas.

Nicole: Tourism suffers no ‘overwhelming shrinkage’

The Bahamian tourism industry has not suffered a “material” reduction in bookings and guests despite now-Hurricane Nicole striking Grand Bahama and Abaco, a senior hotelier said yesterday.

GDP boost from raising Bahamas' 60% net access

GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said

Major retailer 'close' to returning all staff

A major Bahamian retailer yesterday said it is now “close” to bringing back all 80 staff after the government gave permission for its sector to open up five days per week from 8am to 6pm.Brent Burrows Jr, manager of e-commerce and online shopping wit

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