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Bahamians urged: Alter behaviour to revive economy

Bahamians must “change their behaviour patterns” to lift the economy out of the doldrums, a leading businessman arguing that based on per capita income most were “worse off than they were 20 years ago”.

AML to enjoy $1.15m cash flow boost

AML Foods’ $10 million private placement will free up a total $1.152 million in cash flows over the next two years, its chief executive yesterday confirming the issue will double the company’s preference share investors to six.

Hopeless cries of COB art students

Art students at the College of the Bahamas have "basically lost faith" in the academic institution, claiming the administration parades the department like "a prize trophy" when convenient, while turning its back to the long-standing cries of students.

A COMIC'S VIEW: Slow burn

FIRST New York made headlines a few weeks ago, (as we mentioned in this very column) with the legalisation of medicinal and recreational marijuana (cannabis).

23 more homes to be demolished

WORKS Minister Desmond Bannister said his ministry spearheaded the demolition of 23 illegal structures in The Farm shanty town in Abaco last week, with some 20 more structures targeted for demolition this week.

Bahamasair eyes baggage fees and ticket price hikes

Bahamasair is being “implored” by the COVID-19 crisis to increase revenues by $7.5m annually through the levying of “nominal” ticket price rises and baggage fees, a Cabinet minister revealed yesterday.Dionisio D’Aguilar, minister of tourism and aviat

‘Govt broke law in firing gaming board staff’

ATTORNEY Wayne Munroe said yesterday the government should have been aware it was breaching the law when it fired 30 Gaming Board employees last year, citing an amendment to the Employment Act passed in 2017 by the Christie administration.

Bahamas pushes Caribbean $20-$30m tourism fund-raise

THE Bahamas is leading a $20-$30 million fund-raising drive to counter negative hurricane publicity and market the ‘Caribbean’ brand, the Minister of Tourism revealed yesterday.Dionisio D’Aguilar told Tribune Business that the Bahamas, as the lead co

Water Corp ‘pursues’ first price increase in 20 years

The Water & Sewerage Corporation (WSC) is “pursuing” its first price hike in nearly 20 years in a bid to narrow a profitability gap where it covers barely two-thirds of its operating costs.

Insurers warn of 20-25% rate increase if Irma hits

Bahamian insurers yesterday warned Hurricane Irma could cause a 20-25 per cent increase in premiums and “capacity” issues, depending on the hit Florida and this nation take.

SAC lead QC by 13.5 points on final day

A WIN in the final event of the day widened the margin for the St Augustine’s College Big Red Machine as they continue their bid to unseat the Queen’s College Comets as BAISS track and field champions. Headed into day three, just 13.50 points separa

Shell urges ‘timely’ power plant closing

Bahamas Power & Light’s (BPL) chairman yesterday pledged he is focused on “getting the best possible deal” for its new power plant as its multinational partner called for “the timely closure” of negotiations.

Crown to appeal decision to acquit Evans

THE Court of Appeal has granted the Crown leave to appeal its decision to acquit Clinton Evans of murdering Detective Constable Jimmy Ambrose and trying to kill another officer almost 20 years ago.

Federation holds 45th Annual junior Chess Tournament

THE 45th Annual Bahamas Junior Chess Championship took place at Centreville Medical Centre earlier this month.

PAHO renews call for people to take the vaccine

WHILE acknowledging the startling increase in COVID-19 cases in The Bahamas, Pan American Health Organization officials have renewed appeals to regional people and healthcare workers to take the vaccine.

AG: ‘False parallel’ over web shop tax EU fears

The attorney general yesterday slammed as a “false parallel” suggestions that the web shop industry’s tax hikes will violate the European Union’s (EU) anti-tax evasion demands.

Team Bahamas ‘ready for the road’ to Curacao

THE road to Curacao has been set for 65 athletes who will carry the Bahamian flag at the 2017 CARIFTA Games over the Easter holiday weekend.

Theft rates raise auto insurance costs 15-20%

Bahamian auto insurance premium costs are 15-20 per cent higher “across the board” due to a relatively high vehicle theft rate, one industry executive telling Tribune Business the situation was being exacerbated by government processes that were still “in the Stone Age”.

Water plant exceeding contract supply by 20%

BISX-listed Consolidated Water says its main Nassau plant is supplying 20 per cent more water than required under the terms of its contract with the Water & Sewerage Corporation, as it awaits the Government’s decision on whether it will continue to operate the Windsor facility.

Airline chief fears 20-25% ticket price increase from VAT

Ticket prices could increase by 20-25 per cent if the Government decides not to make domestic aviation ‘exempt’ from Value-Added Tax (VAT), a senior airline executive warned yesterday, adding that it would retard Family Island development.

The Tribune

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