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Nassau/PI resorts enjoy ‘best quarter’ for 7 years

The Nassau/Paradise Island hotel industry has enjoyed its “best quarter performance for seven years” during the first three months of 2015, with occupancies ahead of year-before comparisons through April.

Atlantis holds another blood drive

THE Water Features department at Atlantis held another life-saving blood drive in conjunction with Princess Margaret Hospital and Doctors Hospital blood banks. Some 85 pints of blood were donated over the course of three days.

Bahamas Kidney Association calls for support

THE Bahamas Kidney Association is in need of support as the group aims to raise public awareness in the ongoing fight against kidney disease which they say is on the rise.

Jazz one of top 10 shortstop prospects in minor leagues

JAZZ Chisholm’s meteoric rise in the minor league system continues to be recognised by Major League Baseball and various international media outlets.

Sports in brief

AFTER calling off its show that was to have returned to the Fish Fry at Arawak Cay, Champion Amateur Boxing Club will present “Saturday Night Live Boxing” at the Wulff Road Boxing Square 6pm Saturday November 9.

PM seeks to cut debt to 50% of GDP this term

PRIME Minister Philip “Brave” Davis says his goal is to reduce the country’s debt to gross domestic product ratio from 82 percent to at least 50 percent by the end of this term.

Former Speaker Ingraham dies at 82

FORMER House of Assembly Speaker Oswald Ingraham died on Monday at the age of 82.

'Final touches' for Commonwealth Youth Games guests

WITH the Bahamas getting ready to host the biggest sporting event ever in just one week, Rommel Knowles, managing director of the CYG Association, said they are busy putting on the final touches for their guests.

Melia can ‘barely’ sustain operations

The Melia Nassau Beach Resort can “barely” generate enough cash flow to finance its own operations - an admission that was yesterday seized upon by Baha Mar’s contractor.

Tech Talk

• Microsoft wants to extend broadband services to rural America by turning to a wireless technology that uses the buffer zones separating individual television channels in the airwaves.

VAT health claims change ‘may’ not happen April 1

The Government “may not” implement the new VAT treatment for medical insurance claims payouts by its April 1 target, it was revealed yesterday, with the decision hinging on a meeting with healthcare stakeholders later this week.

Deputy PM calls on developed nations to tackle climate change

THE developed world must partner with The Bahamas and other small island developing states to enhance their resilience to and address the negative impacts of climate change on these island-nations, if “we truly believe” that the polluter must pay, Deputy Prime Minister and Minister of Works and Urban Development Philip “Brave” Davis said.

Lawyer: We must act now on climate change

WITH The Bahamas recognised as one of the most vulnerable countries to rising seas that could swallow up to 80 per cent of the land mass of the islands by the end of the century, a leading environmental consultant and attorney is calling for “immediate radical action” to stem the tide of climate change.

Permit roadblocks to Baha Mar’s $80m Chapter 11 financing

Baha Mar faces further Government roadblocks even if it obtains Supreme Court recognition of the Chapter 11 bankruptcy protection, as it has yet to obtain necessary Bahamian approvals for the $80 million financing facility created by its principal.

Sandals eyes $1m in storm repairs

SANDALS Royal Bahamian’s general manager yesterday estimated the resort would spend just under $1 million to carry out repairs to areas damaged by Hurricane Sandy, telling Tribune Business that its occupancy levels were near 80 per cent at the time of the storm.

Sailing for science

OFFICIALS yesterday praised the STEM for the Oceans programme that hosted 80 students and others on board the world’s largest cruise ship, calling the initiative something that speaks to the bright future for Bahamian natural resources.

NHI will cost you $15-$80 a month

THE government is “revamping” National Health Insurance to focus more on catastrophic care with the introduction of the BahamaCare Plan and expects a contributory plan of $15 to $80 per month to fund it.

80 to 100 voluntary job cuts offered at Water and Sewerage

THE Water and Sewerage Corporation is considering offering 80 to 100 voluntary separation (VSEPs) packages to employees as it looks towards “right-sizing,” according to Executive Chairman Adrian Gibson.Saying that plans are now underway to have the p

Less than 1/4 of NIB pension recipients come from poorest 20%

By NEIL HARTNELL Tribune Business Editor Fewer than one in four Bahamians receiving a National Insurance Board (NIB) non-contributory pension come from the poorest 20 per cent of society, an Inter-American Development Bank (IDB) report disclosing that pl

Report: Dire warning for The Bahamas if temps rise by 1.5 degrees celsius

THE country faces the threat of intensified tropical cyclones, sea level rise and declining freshwater resources if global temperatures exceed 1.5 degrees Celsius, a new report has warned.

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