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$500m resort project to do ‘wonders’ for Exuma
THE deputy prime minister yesterday said a $500m resort development targeted at Exuma’s Cave Cay project will “do wonders for the entire area” through creating one of the largest marinas in The Bahamas.
D’Aguilar: Health visa has worked for nation
TOURISM Minister Dionisio D’Aguilar has defended the government’s use of the travel health visa saying it has “worked well” for the country.
Airlift concerns on Lucayan's re-open
Grand Bahama businesses yesterday identified the island's lack of airlift as a major obstacle to the Government's plans to re-open the Grand Lucayan resort on March 25.
Disney: ‘We’ve struck right tone’ on Eleuthera project
Disney Cruise Line’s president yesterday asserted the cruise line had “really struck the right tone” in balancing economic development with conservation at a Lighthouse Point project it hopes to start this year.
Offshore sector 'reverses' decline via 12.6% growth
The Bahamas’ international banking industry had “reversed” the recession-induced balance sheet contraction by 2011, growing assets by 12.6 per cent that year.
$450m to make Nassau a truly sustainable city
Transforming Nassau and wider New Providence into a truly resilient, sustainable island demands a $450m investment spread over a 20-year period, a newly-released Inter-American Development Bank (IDB) report has revealed.
Jones posts double double - 29 points and 16 rebounds
JONQUEL Jones starred for Bosnia and Herzegovina women’s national team and several other Bahamian players posted double doubles to lead their team in their respective leagues across Europe this week.
Sports Notes
SONITH Lockhart, of Carib Construction, was on fire in City Bowling League competition last night while mowing down the pins for a gigantic 734 three game set which is a record so far for the 2015 - 2016 season.
Tax Coalition chief: ‘Fantastic’ if 85% VAT compliance
The Tax Coalition’s chairman yesterday said it would be “fantastic” if quarterly Value-Added Tax (VAT) filers achieved an 85 per cent compliance rate first-time, although he expected many to seek extensions to the April 28 deadline.
5% rise in food assistance to help offset 7.5% rate of VAT
PERSONS receiving food assistance from the Department of Social Services should soon see an increase of as much as five per cent in benefits to offset the introduction of value added tax, Social Services Minister Melanie Griffin said.
Baha Mar beat local bidding target by 68%
Baha Mar says it has “far exceeded” its commitment to provide Bahamian contractors with $400 million worth of work, beating this target by 67.8 per cent while more than 6,000 local jobs to-date.
Budding entrepreneurs discover fertile landscape
Getting fired was the best thing that ever happened to Marc-Arnold Christophe and Ryan Ferguson.Their terminations gave them the freedom and spark to launch their own business, True Green, a landscaping company.The 23-year-olds met in 2012, at their
Another murder pushes 2019 total up to 88
Police were last night on the scene of a homicide in Excellence Estates off Golden Isles Road where an adult male was confirmed dead. This killing brought the murder count for the year up to 88. An increase on last year when, as of October 21, 2018, The Tribune’s records show there were 71 murders up until that point.
WORLD VIEW: US security bill does not reflect interests of Caribbean nations
THERE has been a troubling development in relations between the US and the 14 independent nations of the Caribbean Community (CARICOM).
Baha Mar Hoops: Hurricanes clinch men’s title
THE University of Miami Hurricanes made their short trip to the Bahamas a memorable one at the Baha Mar Hoops Bahamas Championships yesterday in the Baha Mar ballroom.
Giants, High Flyers are national champions
BOTH the Division I and Division II titles will remain in the capital as the New Providence Basketball Association champions emerged as winners of the 2019 Bunny Levarity Bahamas Basketball Federation Nationals.
S&P goes ‘negative’ on Bahamas as debt ratio rises 11% pts
Wall Street last night forecast that the Bahamas’ net government debt would hit 45-47 per cent of GDP by 2013-2014, a double digit rise in three years, as one rating agency slashed its economic outlook on this nation to ‘negative’.
Central Bank asked Gov't for $400m 'reserves boost'
The Central Bank of the Bahamas asked the Government to undertake $400 million worth of foreign currency borrowing this fiscal year to alleviate concerns over a “steady decline” in external reserves.
Public servants left confused ahead of NHI introduction
BAHAMAS Public Services Union President John Pinder suggested yesterday that the silence by government officials over National Health Insurance has led to “confusion” for persons employed in the public service.
Donation to help buy septic tanks for Sweeting’s Cay
THE Grand Bahama Rotary Disaster Relief Committee received a donation from the Bahamas Real Estate Association to help acquire septic tanks for rebuilt and renovated homes on Sweeting’s Cay.
