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WSC lays out its $200m plan
THE Water and Sewerage Corporation (WSC) outlined key parts of its $200m capital works plan with major works around the country.
Freeport revival eyeing 24% jobs growth in decade
Government advisers predicted that Freeport’s workforce could expand by 24 per cent in 10 years via an economic growth plan that featured new industries such as aircraft maintenance and ‘value-added’ logistics.
Gov’t plans to narrow VAT payment window
The Government yesterday unveiled plans to shrink the Value-Added Tax (VAT) payment window by seven days, and other revenue enforcement measures, amid the numerous tariff rate cuts consistent with a pre-election Budget.
Vaccines while you shop at Super Value
Super Value’s principal yesterday said he will be “very disappointed if thousands” of shoppers fail to get COVID-vaccinated at two of his stores this weekend, adding: “We must get to 100 percent.”
Ayton and Bagley III dominate exhibition games
WHEN Bahamian basketball prodigy DeAndre Ayton made the decision to transfer to Hillcrest Academy in Phoenix, Arizona, he was expected to help the budding programme become a powerhouse.
Collie predicted to win race for FNM chairman
FORMER Deputy Prime Minister Frank Watson yesterday forecast that former MP Sidney Collie would emerge as the new chairman of the Free National Movement.
Five-month loan wait dampening realtor's outlook
A Bahamian realtor yesterday voiced concern that renewed market "optimism" could founder over tightened bank lending policies that are taking up to five months to issue mortgage approvals.
Auto dealers brace for 70% orders fall
New car dealers are warning that the government’s tax earnings from the industry will be severely reduced with 2021 orders expected to be up to 70 percent off compared to pre-COVID levels.
Melinda keeps helping residents in Abaco
DESPITE having lost everything to Hurricane Dorian in early September, Abaco resident Melinda Pinder has never backed down when it comes to helping those in need within her community. The mother-of-two, who is no stranger to charity work, had been a
The world is changing and we must react
The boom and bust cycle of the global economy is well established. WTO says global trade has under performers with growth of 3% and is expected to decline in 2019 to 2.6 %. The IMF forecast a global slowdown for 2019. The United States (US) is the world’s largest economy in nominal GDP so I will focus mainly on the US in my analysis.
Caribbean rating agency entering Bahamas market
A Caribbean rating agency yesterday voiced optimism it can help Bahamian debt issuers raise capital at lower costs after being approved to offer its services in this nation.Wayne Dass, Caribbean Information and Credit Rating Services Limited (CariCRI
$377m investment for BPL’s LNG conversion
A total $377.4 million investment is required to convert Bahamas Power & Light’s (BPL) generation plants to liquefied natural gas (LNG), an IMF ‘working paper’ revealed yesterday.
Man sentenced for two years for theft of $80
A MAN was sentenced to two years in prison yesterday after he admitted to stealing cash in a housebreaking in Andros late last year.
Honouring retirees
THE Ministry of Education has honoured 80 retirees who dedicated between ten and 40 years of service.
83 Dominican poachers detained
MORE than 80 suspected Dominican poachers were apprehended by the Royal Bahamas Defence Force yesterday.
Island Luck Pros improve to 3-2 with victory over Everybody Wins Legends
A pair of blowout wins highlighted NPBA play at the AF Adderley Gymnasium Wednesday night as teams got their final tune-ups before the winter holidays.
GB residents to gain $3m energy windfall
Hard-pressed Grand Bahama residents will have a collective $3 million returned to them as a result of their energy provider’s revised tariff structure, Tribune Business was told yesterday.
Summit’s Matthew loss peaks at $37m
A Bahamian insurer yesterday revealed it had incurred $37 million in gross losses from Hurricane Matthew, and warned that “some small increase” in local insurance premiums may result in 2017.
Rationale for non-profit bill ‘does not exist’
An outspoken QC yesterday argued that “the rationale for the Non-Profit Organisations Bill does not exist” because no such Bahamas-based group operates using foreign currency.
INSIGHT: China asserts authority over Hong Kong
Following the 20th anniversary of Britain’s handover of Hong Kong to China, Peter Young offers a personal view about developments . . .
