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BEC chair targets $60m fuel savings

The BAHAMAS Electricity Corporation’s (BEC) executive chairman yesterday said it could save a minimum $60 million annually in fuel costs through the procurement of three new engines for the Clifton Pier power station, telling Tribune Business the benefits would ultimately be passed on to consumers.

Second phase of training to begin

THE second phase of a programme is set to begin designed to produce Bahamian technicians who are equipped with internationally recognised skills needed in the elevator industry.

Gov't urged: 'Follow paper trail' to stop fisheries poaching

FISHERMEN said yesterday there was “absolutely no doubt” that Dominicans were carrying out “well funded” poaching operations in Bahamian waters, the head of the Bahamian Commercial Fishers Alliance urging authorities to simply “follow the paper trail”.

Palm Cay unveils second condo stage

Palm Cay yesterday announced it has opened reservations for Phase 2 of its much-anticipated luxury condominiums, The Anchorage.

Minister: Maybe it's time to consider gun buy-back scheme

NATIONAL Security Minister Dr Bernard Nottage said yesterday “maybe it is time” to consider a gun amnesty period or gun buy-back initiative in the Bahamas.

VAT real estate 'game changer'

Value-Added Tax’s (VAT) impending implementation may give buyers “the push” to secure properties before January 1, one realtor suggesting: “It may be better to do it now rather than seven months from now.”

Atlantis eyes 100k extra room nights in Marriott tie-up

Atlantis is hoping its 10-year franchise deal with Marriott International will generate an extra 50,000-100,000 room nights per year, its top executive describing the agreement as “the most significant tourism stimulus for the Bahamas this decade”.

Sandals Emerald Bay hosts its 1st Annual Global Golf Tournament

EXUMA, The Bahamas — Sandals Emerald Bay hosted its 1st Annual Global Golf Tournament, attracting top producing travel agents from Canada, South America and the US.

BNT salutes a legend as Carey bows out

THE Bahamas National Trust recently celebrated its outgoing executive director Eric Carey and his legacy at their “Eric’s Final Farewell Event” at Baha Mar.

Business ‘blows up’ at Family Island resorts

The Bahamas Out Island Promotion Board’s (BOIPB) president yesterday said business for its member properties has been “blowing up” ahead of the traditional summer slowdown.

Border control remians a challenge says Customs comptroller

BORDER control remains a major concern for customs according to its Comptroller Charles Turner who said that a large portion of the $16.5 million Inter-American Development Bank (IDB) loan would be used to train customs officers for WTO accession.

BPL ‘explores above and beyond’ on fuel

Bahamas Power and Light (BPL) is exploring other fuel types “above and beyond” bunker C and diesel, its chief executive telling Tribune Business the utility is moving forward with a re-branding strategy that revolves around service reliability, renewables and customer service and growth.

Farmer: Import ban is ‘make or break’

A BAHAMIAN farmer yesterday backed the Government’s temporary restriction on imports of sweet and bell peppers and tomatoes, saying: “That’s a make or break situation right now.”

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

UPDATED – COVID-19: Fifth death confirmed, four new cases

SUNDAY MORNING UPDATE: Dr Judson Eneas, 72, died last night in hospital after testing positive for COVID-19, confirmed Health Minister Dr Duane Sands. He is the country's first physician to die from COVID-19 and the fifth victim of the virus.

Freda Baker, a familiar face at Baker & Sons

Freda Baker, co-owner with her sisters of A Baker and Sons, one of Nassau’s oldest businesses died on October 31. She was 94.

People have to accept public services means paying taxes

BAHAMIANS must be educated on the fact they cannot demand modern infrastructure and services without paying taxes, according to a local businessman, stating: “We cannot have our cake and eat it too.”Dr Keenan Larry Carroll, owner of the Sandpiper Inn

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”.

Resorts enjoy record winter tourism period

HOTELS throughout The Bahamas yesterday said they are enjoying a record-breaking 2023 to-date with high occupancy levels recorded over the Easter period.

Unions 'not satisfied' with Employment Act changes

The Trades Union Congress’s (TUC) president says he is “not at all satisfied” with the Employment Act Reforms passed by the former Christie administration, with redundancy pay “a major issue for us”.Obie Ferguson told Tribune Business: “I don’t think

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