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Contractors: ‘Perfect storm’ over raw materials quotes

Bahamian contractors “cannot control prices” because quotes on building materials are holding for as little as 48 hours, with one saying yesterday: “It’s just the perfect storm.”

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Ayton and Suns take 2-0 lead

PHOENIX (AP) — Chris Paul scored 28 points, including 14 in another spectacular fourth quarter, to lead the Phoenix Suns over the Dallas Mavericks 129-109 last night for a 2-0 lead in the Western Conference semifinals.

Food prices to ‘never return to pre-COVID’

The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”

Flu forces Bennett to cancel London show with Gaga

TONY Bennett cancelled his London show with Lady Gaga last night because of a flu virus, four days before they are due to perform in the Bahamas.

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Govt ‘on money’ with $65m Grand Lucayan disposal

The government yesterday hit back at its detractors by arguing it was “on the money” with both the timing and value of its $65m Grand Lucayan deal.

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Furlough ‘frustration’: Workers want finality

A union president yesterday warned that the 90-day extension to the COVID furlough period is “adding to the frustration” of long-suffering workers who want “finality” for their plight.

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Sands Beer comeback a 'survival difference-maker'

A Bahamian brewery yesterday hailed the return of its own-brand beers as the difference between "being in business or out of business" after surviving for a year on just 35 percent of normal revenues.

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Jonquel Jones scores 14 as Sun beat Sparks

UNCASVILLE, Conn. (AP) — Brionna Jones had 16 points and a career-high 15 rebounds and the WNBA-leading Connecticut Sun won their eight straight game and 20th of the season, beating the Los Angeles Sparks 76-61 on Saturday night.

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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.

Retailer's 'hard decision' to exit Mall at Marathon

A Bahamian retailer yesterday said high rental rates combined with the ongoing uncertainty over COVID-19 restrictions had given it no choice but to exit its space at the Mall at Marathon.

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90 percent of Virtual Junkanoo production team had COVID-19

YOUTH, Sports and Culture Minister Mario Bowleg revealed yesterday that 90 percent of the team contracted to produce a virtual Junkanoo show had COVID-19, which has affected the production.

‘Only time’ will vindicate Gov’ts Baha Mar plan

The Opposition’s deputy leader yesterday argued it was too early to determine if the Government’s Baha Mar ‘winding-up’ strategy had been “vindicated”, adding that “only time will tell”.

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05232016 Edition

Monday, May 23rd.

40 to 80 percent 'show no symptoms of dengue'

ABOUT 40 to 80 percent of people show no symptoms of dengue, with most of the recently confirmed 100 cases confined to the inner city in New Providence, according to officials from the Ministry of Health and Wellness on Friday.

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STATESIDE: Messi makes and impact on Miami sports with a look at Mas Canosa’s impact on Cuban-US relations

WE all know about the close ties The Bahamas maintains with South Florida. It’s hardly a secret that the legal as well as the illegal commerce between us has over many decades proven to be enduring, necessary, lucrative and quite creative. Miami-Dade County has 30 “sister city” agreements with foreign municipalities around the world, including one with The Bahamas. And one of Miami’s two “friendship city” relationships is with Barcelona which might prove to be prophetic, as we will see.

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Developer moves on 'alarming' 5% mortgage buyers

A New Providence real estate developer yesterday said a newly-launched in-house financing initiative was “getting good traction”, as it bids to solve an “alarming” situation where just 5 per cent of its buyers are obtaining mortgages.

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Jones and BIH look to get in the win column

Jonquel Jones and her Bosnia and Herzegovina (BIH) side remain winless thus far at the FIBA Women’s Basketball World Cup.

VAT rate rise 'criminal' if no compliance

A former Bahamas Chamber of Commerce president yesterday it was “criminal” for the Government to already be talking about increasing the 7.5 per cent Value-Added Tax (VAT) rate prior to getting the existing tax system’s compliance levels to 80 per cent.

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Giants eliminate Rockets, Athletico Bahamas tie series with Stingers 1-1

WHILE the league leading Commonwealth Bank Giants swept their way into the second round of the New Providence Basketball Association’s best-of-three playoffs, the defending champions PJ Stingers will have to play a deciding game to determine their fate.

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Activists demand 90-day extension to Disney review

Environmental activists yesterday urged the government to extend the consultation over the Lighthouse Point project to 90 days while accusing it of leaving the process “in Disney’s hands”.