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Balmoral preparing for new $3m phase

Real estate developers will have “a really difficult time” selling their developments without in-house financing, The Balmoral’s principal told Tribune Business, adding that he was set to launch another $2-$3 million phase within four months.

Colour Run in Grand Bahama

FREEPORT – The 242 Colour Run held its first Freeport event on Sunday, December 8. The beautiful Sunday morning weather at the Garden of The Groves brought over 90 persons, including dozens of children, to participate in the three-mile course.

Call for more focus on Latin American travellers

ALTHOUGH the US and Canada represents almost 90 per cent of the total number of visitors to the Bahamas, a prominent Grand Bahama businessman/hotelier says more focus must be placed on Latin American travellers.

STATESIDE: When – if ever – is it going to stop?

IS horrific gun violence in the US even newsworthy anymore? One can reasonably wonder what will be required for American legislators to enact meaningful gun control laws.

Bahamas' top basketball players begin season on high note

With the selection process for the Bahamas Basketball Federation’s enior national team on the horizon, some of the island nation’s top players throughout the European circuit began their seasons on a high note.

RBC racing to replace card amid fraud fears

Royal Bank of Canada (RBC) last night said it was racing to replace its “magnetic strip” debit cards in The Bahamas after fears were raised that they are vulnerable to fraud.

‘Don’t get giddy’ over beating deficit target

The Government was yesterday urged not to become “giddy” over beating its 2014-2015 fiscal deficit projections by almost 31 per cent, as the Prime Minister moved to return “the dividends from the successful Value-Added Tax (VAT) regime” to hard-pressed Bahamians.

Airbnbs ‘choke off’ local rental market

Exuma’s Chamber of Commerce president yesterday warned that the island’s soaring vacation property success was “choking off” Bahamian access to affordable rental units.

Port suffers 40% May volume fall

Nassau’s main commercial shipping port yesterday predicted it will suffer a “flat” 2020 full year after container import volumes for May to-date dropped by around 40 percent compared to the prior year.Dion Bethell, Arawak Port Development Company’s (

Ingraham - simply the best

Former Prime Minister and Member of Parliament-elect for the constituency of North Abaco Hubert A Ingraham told his constituents that he will be stepping down as their representative on July 29.

Country to move to next phase of re-opening

PRIME Minister Dr Hubert Minnis announced yesterday that the country will move today to the next phase of re-opening from the COVID-19 lockdown. He also announced that Family Islands will be gradually reopened according to zones, starting today with

BTC chief projecting 30% mobile share loss

The Bahamas Telecommunications Company’s (BTC) chief executive yesterday said the industry “rule of thumb” is that the second Bahamian mobile operator will seize 30 per cent of its market share.

9,208 work permits issued in 2015 - 36 per cent to Haitian nationals

OVER 9,000 work permits were issued by the government in 2015, more than 30 per cent of which were issued to Haitian nationals, according to the latest immigration statistics.

COVID’s $9.5bn blow nearly a triple Dorian

The Bahamas will never recover $9.5bn in economic losses and damage caused by COVID-19, it was revealed yesterday, with the pandemic combining with Hurricane Dorian to deliver a shattering $13.1bn blow to this nation.

Rockets win Nassau Championship title

Coastal Carolina Chanticleers head coach Cliff Ellis left the Baha Mar Hoops with his 800-win milestone, but needed win 801 to claim the Nassau Championship.

NCAA: Bahamian players bond in exhibition games

WE may still be months away from the NCAA basketball season, but several Bahamian players had the opportunity to travel with their programmes this summer as they prepare for the 2015-16 campaign.

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.

Sweeting signs with Padres

Evan Sweeting’s baseball journey will continue at the professional ranks with the San Diego Padres organisation.

Freeport’s restaurants 50% below break even

A typical restaurant in Freeport’s Port Lucaya Marketplace “regularly fails” to earn 50 per cent of what is required to ‘break even’ on a daily basis, the Government has been warned.

Gov’t agrees ‘few hundred thousand’ in VAT credits

The Government has approved “several hundred thousand dollars” of Value-Added Tax (VAT) credit refunds, a top official yesterday promising that businesses would not endure “a protracted wait” to receive them.

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