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Shipyard’s $350m expansion to give 2022 economic boost
The Grand Bahama Shipyard’s $350m investment in two new dry docks will provide a much-needed economic boost to the island in 2022, government officials confirmed yesterday.
BPL: Near 90 renewable applications approved
JUST under 90 small scale renewable generation (SSRG) applications have been approved to-date, Bahamas Power and Light’s (BPL) chief executive said yesterday.Whitney Heastie added that the utility’s options outside New Providence were “wide open”, wh
Promotion Board in 67% website visitor increase
The Nassau Paradise Island Promotion Board's (NPIPB) chief executive says there has been a 67 percent year-over-year jump in visitor traffic to its website as it works to convert this increase into actual visitors.
Bowleg to coach Team Bahamas in AmeriCup Qualifier
MARIO Bowleg will return to the sidelines to coach the Bahamas Basketball Federation men’s national basketball team when they travel to San Juan, Puerto Rico, to take on the United States of America and Puerto Rico in the third and final leg of the FIBA 2020 AmeriCup Qualifier.
PwC: Governance failures will cost companies dearly
Companies could lose key staff, customers and investments if they fail to live up to environmental, social and governance (ESG) expectations, a Bahamian accountant said yesterday.
Dames sets background to reality of murders
NATIONAL Security Minister Marvin Dames said murders are down 21 percent while overall crime is down seven percent compared with this time last year, two of many figures he announced during a data-heavy budget speech in the House of Assembly yesterday.
GB to Abaco power cable ‘fraught with complications’
Grand Bahama Power Company’s top executive says running an electricity cable to Abaco is “fraught with complications” and remains a “longer-term opportunity” it plans to explore.
Bahamas ‘open for business’ with latest COVID upgrade
The Bahamas is “unquestionably” in a strong competitive position after US federal health authorities confirmed this nation’s COVID ranking is set to be upgraded to ‘moderate’, a top hotelier said yesterday.
MAB chief's 'surprise' at insurers' NHI meet
The Medical Association of the Bahamas (MAB) president yesterday expressed “surprise” that the Minnis administration had yet to meet with doctors over its plans to reform National Health Insurance (NHI).Dr Sy Pierre indicated he had been taken aback
Rollins: Prime Minister’s persuasive capabilities have hindered country
PRIME Minister Perry Christie’s persuasive capabilities have ensured him a lengthy political career, but have also hindered the growth and development of the country, according to Ft Charlotte MP Dr Andre Rollins.
Cooper elected Chamber chair
THE Bahamas Chamber of Commerce and Employers Confederation (BCCEC) has elected I. Chester Cooper, BAF Financial's president and chief executive, as its new chairman, and also chosen a new Board.
‘Health experts needed on vaccine taskforce’
THE head of the Consultant Physician Staff Association believes more healthcare professionals should have been appointed to the government’s National COVID-19 Vaccine Consultative Committee.
'We kept rise secret to avoid disruption'
DEPUTY Prime Minister and Minister of Finance Peter Turnquest said the government withheld its intention to increase value added tax until last week because it did not want to influence the consumer behaviour of Bahamians.People everywhere have lamen
Commission defends itself on failed broker
The Securities Commission has defended its handling of a collapsed investment adviser by saying it took “appropriate regulatory steps” while arguing that client assets are safe.
Businesses fighting for survival
As the deadly coronavirus continues to impact nations all over the world, The Tribune spoke to citizens in the capital to find out how they were coping in the midst of the pandemic.
BORCO: 65% of first phase growth leased
Some 65 per cent of the Bahamas Oil Refining Company’s (BORCO) first phase expansion has been leased, with the 1.9 million barrels of new storage capacity already operational set to generate $5-$7 million in extra second half operating income.
Atlantis occupancies at 50% as virus bites
Atlantis yesterday revealed that normally-buoyant occupancy levels for the peak winter period have fallen to 50 percent as “tourism and commerce grinds to a halt” amid the coronavirus pandemic.A spokesperson for the Paradise Island-based mega resort
INSIGHT: Stopping the bloodshed
While the government has remained guarded over new crime fighting strategies which were formulated last week, a noted psychiatrist gives his take on what we can do to stem the tide of violent crime. Tribune News Editor Taneka Thompson reports.
600 jobs expected as Minnis signs heads of agreement for $300m Abaco project
A HEADS of Agreement was officially signed yesterday between the government and Tyrsoz Family Holdings Ltd for a $300 million residential resort and marina in South Abaco, which will allow for the creation of 600 construction jobs on the island. Not
THANKS A LOT: Dionisio’s frustration as Atlantis staff spring snap holiday walkout
AFTER disgruntled hotel workers picketed outside of the Atlantis resort over unresolved issues with their industrial agreement, Tourism Minister Dionisio D’Aguilar expressed his disappointment in the Bahamas Hotel Catering & Allied Workers Union.
