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Grand Bahama Junior Junkanoo parade postponed

GRAND Bahama's Junior Junkanoo parade has been postponed due to a forecast that shows an increased chance of rain this weekend.

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Two charged with gun possession

TWO men appeared in Magistrate’s Court yesterday accused of possessing an unlicenced firearm and more than 100 rounds of ammunition.

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Moody’s warn COVID impact will remain beyond 2024

Bahamian economic output will not recover to pre-COVID-19 levels "until after 2024", Moody's has warned, in a stark illustration of the economic devastation unleashed by the pandemic.

Bahamas selects 'most fraught' model for BEC

By NEIL HARTNELL

Briefly

Tech briefs

Many think The Bahamas is facing a bleak future

ALTHOUGH Standard & Poor has downgraded The Bahamas’ sovereign credit worthiness to near junk status, the government insists that the country’s economic outlook is still good.

Bahamas fares well in 'corruption' rankings

The Bahamas was yesterday ranked as the world’s 22nd least corrupt country, with only Barbados faring better among Caribbean nations.

FNM deputy: ‘Is Gov’t interfering with Baha Mar liquidators work?’

The Opposition’s deputy leader has questioned whether Prime Minister Perry Christie’s interventions with Baha Mar’s Chinese partners are “tantamount to interfering” with the responsibilities of the project’s joint provisional liquidators.

Izmirlian downbeat, but Gov’t is upbeat

Prime Minister Perry Christie’s meeting with Sarkis Izmirlian yesterday achieved “nothing substantial” in attempting to resolving the $3.5 billion Baha Mar dispute, with the latter again demanding that his Chinese partners negotiate in “good faith”.

Bahamas ‘can’t lose’ over Baha Mar outcome

The Bahamas “can’t lose” in the long-term regardless of who ultimately ends up controlling the $3.5 billion Baha Mar development, a prominent businessman believes.

Hilton deal ‘conflicted’ Gov’t over Baha Mar

The Government’s “conflict of interest” over the $200 million British Colonial Hilton expansion meant it should never have attempted to act as an impartial mediator in the Baha Mar dispute.

ArawakX directors stay in control of BOB battle

The Chief Justice has allowed ArawakX’s principals “to maintain conduct and control” of the legal battle with Bank of The Bahamas over the latter’s six-month freezing of all their accounts.

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Sir Franklyn: ‘High chance’ of new Atlantis ownership

Sir Franklyn Wilson says there is “a high possibility” that Atlantis may undergo a change in ownership in 2019, describing this as a “significant” investment boost for The Bahamas.

Baha Mar companies put in full liquidation

Seven Baha Mar companies have now been placed into full liquidation by the Supreme Court, prompting a well-known QC to say he “can’t understand” the legal strategy pursued by original developer, Sarkis Izmirlian.

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Dell’s Naturals

FOR several years now, Randell Haynes has been very particular when it comes to what products she uses on her hair and skin.

HOTELS TO 'BEAT' TARGET THROUGH 10% GROWTH

By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamian tourism industry is set to "exceed" 2012 first quarter/Easter performance forecasts, with some hotels seeing 10 per cent year-

HOTELS TO 'BEAT' TARGET THROUGH 10% GROWTH

By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamian tourism industry is set to "exceed" 2012 first quarter/Easter performance forecasts, with some hotels seeing 10 per cent year-

VAT not mandatory for 15,000 firms

More than 80 per cent of Bahamian companies, numbering more than 15,000, will not be mandated to pay Value Added Tax (VAT), with financial services and health/education among the industries exempt from paying it.

Long Island’s private sector at 35% capacity

JUST 35 per cent of Long Island businesses are back in operation three months after they were devastated by Hurricane Joaquin, the island’s Chamber of Commerce president yesterday estimating that the private sector will take two years to “get back to where it was”.

$2m boost in hotel room revenues for Grand Bahama

GRAND Bahama is showing significant improvements in hotel room revenue, which has hit $16 million this year - a $2 million increase over 2014, according to tourism officials.