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Raising ‘Freeport out of the ashes’
The Government and Grand Bahama Port Authority’s (GBPA) owners were yesterday warned the latter’s 3,000 licensees must “have a say” over any changes to its ownership and Freeport’s founding treaty.
BISX-listed fund still eyeing downtown parking solution
A BISX-listed fund yesterday declared its continuing interest in solving downtown Nassau’s parking woes by redeveloping the Registrar General’s former home as it renews ambitions to expand to a $100m property portfolio.
FAMILIES STILL DEALING WITH DORIAN
NEARLY three years after the passing of Hurricane Dorian some victims are still trying to regain a sense of normalcy after surviving the monster storm.
'Improve service quality before rolling out 5G'
Bahamian businesses and consumers want their communications providers to first focus on improving the quality and reliability of existing services before exploring the introduction of 5G (fifth generation) technology.
$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.
Marina chief suffers ‘worst Thanksgiving in 30 years’
A former Association of Bahamas Marinas (ABM) president says he has suffered “the worst Thanksgiving in 30 years” while linking the drop-off in boating traffic directly to VAT’s imposition on foreign yacht charters.
New realty listings dwarf sales by 25:1
New realty listings dwarf sales by 25:1 By NEIL HARTNELL Tribune Business Editor New properties added to the Bahamas Real Estate Association's (BREA) Multiple Listings System (MLS) during the 2012 first quarter dwarfed those sold by 25 times', one realt
PI resort proposal expands units 46%
The former Paradise Harbour Club’s proposed redevelopment is being expanded to a seven-storey hotel featuring a 46 percent increase in units compared to earlier plans.
Aggregate miner targeting 'full' $125m Andros spend
An aggregate mining and land reclamation development, featuring a $15m-$20m first phase investment and creation of 35 jobs, is among three “very different and separate projects” currently targeting North Andros. Cameron Symonette, The Symonette Grou
Web shops face 'year of famine' on 'sweet spot'
Web shop operators may have to endure “a year of famine” to find the industry’s taxation “sweet spot”, a Cabinet Minister yesterday urging: “Let the Bahamian people be the judge.”Dionisio D’Aguilar, minister of tourism and aviation, called on the sev
Ex-minister 'totally opposed' to web shop taxation hike
The ex-Cabinet minister who oversaw the web shop industry’s legalisation yesterday queried why it was being hit with “destructive” taxation despite meeting all its obligations to date.Obie Wilchcombe, the former minister of tourism, told Tribune Busi
FRONT PORCH – Climate Emergency: When a Cat 5 Strikes Nassau?
There is a deep ocean of rhetoric from countries producing the vast majority of carbon emissions heating our planet, with myriad pledges on reducing emissions, and promises cum pledges of funds for developing countries facing existential danger amidst rising sea levels, increasing inequality and natural disasters.
Legal battle to restart on web shop taxation
The Government and web shops will resolve their dispute over the industry’s “sliding scale” tax structure in the courts, it was revealed yesterday, despite making progress on the “patron tax”.
Prices 'through roof' on grocers' 20% VAT recovery
Food stores could recover as little as 15-20 per cent of their Value-Added Tax (VAT) ‘input’ costs under existing legislation, a leading retailer yesterday warning this would drive prices “through the roof” plus result in business closures and lay-offs.
Steven Gardiner Senior Male Athlete of Year
IN a year where we’ve had some extraordinary performances by players on their various international teams, Steven Gardiner managed to prevail above them all with his Olympic gold medal to earn The Tribune Sports’ 2021 Male Athlete of the Year.
Joaquin damages grow to $100m
Prime Minister Perry Christie yesterday said Hurricane Joaquin damage estimates had increased to $100 million, as he pledged to explore whether insurance could further help the Bahamas recover from such storms.
Alarm over drop in water level at sanctuary
THERE is growing concern over the unexplained huge drop in water level of a pond which is considered to be an important wetland and wildlife sanctuary in the Lucaya area of Grand Bahama.
Bran says he wants another chance in Bamboo Town
DNA Leader Branville McCartney yesterday urged voters in the Bamboo Town constituency to give him another opportunity to represent them, as he suggested that the current area representative Renward Wells has undermined their trust.
S&P downgrade a ‘wake-up call’
The Central Bank’s governor yesterday said Standard & Poor’s (S&P’s) August downgrade of the Bahamas’ sovereign credit rating to one notch above ‘junk’ status was “a wake up call”, not a “seismic event”.
Valentine’s dinner for disabled in Grand Bahama
ABOUT 100 disabled persons on Grand Bahama gathered at the Foster Pestaina Hall on Thursday evening for a Valentine’s dinner and spiritual fellowship organised by Charity activist Grace Shepherd.
