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80% tourist share a Quality 'bonus'

Super Value’s president yesterday said his first Quality Supermarket had received “a little bonus” through tourists generating 80 per cent of sales, telling Tribune Business he expected the Cable Beach site to be “profitable from day one”.

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Sun Belt: Munnings’ double double helps Warhawks to win in opening round

TRAVIS Munnings is playing his best basketball when it matters most and continues to lead his ULM Warhawks through the postseason.

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‘The Promise’ delivers

“THE PROMISE” delivered, but it wasn’t enough to prevent his Arizona Wildcats from being the second ranked team to fall on day one of the 2017 Battle 4 Atlantis, presented by Bad Boy Mowers.

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SPORTING MISCHIEF & MAYHEM: As Matthew nears, a few other ‘Hurricanes’ come to mind

AS we all prepare for the unwanted visitor, Hurricane Matthew. And yes all preparations and safety precautions must be adhered to in this one, Matthew is a big boy with a ‘stink attitude.’

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Cruise lines miss out on port project

The cruise lines were yesterday reassured they will not face excessive port fees after the government selected Global Ports Holding’s $250m bid to redevelop Prince George Wharf.

Distribution of income and property

There is a nebulous myth here in The Bahamas that there is and has been a gradual equalisation in income and property ownership amongst our people. I

PI condo seizure awaits court nod

The receiver for an alleged $22.6 million fraud is waiting on the Supreme Court to authorise his seizure of an Ocean Club Estates condo belonging to two Paradise Island residents.

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PI residents face losing condo over alleged $22m fraud

Two Paradise Island residents accused of committing a $22 million fraud may lose their multi-million dollar Ocean Club condominium home after the Court of Appeal ruled in favour of the receiver for their alleged scheme.

Night club disturbing the peace

Thank you for this opportunity to publicly address a menace that has been plaguing residents of Misty and Pastel Gardens for a very long time.

Realtor fear on 50% permanent residency rise

Realtors last night described the Government’s revised plans to increase the permanent residency threshold by 50 per cent, from $500,000 to $750,000, as “bad news” and something to “head off”.Brent Symonette, minister of financial services, yesterday

Bahamas faces recession if US falls over ‘fiscal cliff’

The US could tip the Bahamian economy back into recession within eight months unless Washington reaches a deal by tonight to avert its so-called ‘fiscal cliff’, a former finance minister has warned.

Baha Mar eyes $12bn payroll

REAFFIRMING its commitment to a majority Bahamian workforce, a senior Baha Mar executive yesterday the $2.6 billion resort development would position the Bahamas for economic growth and activity over the next 20 years.


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Bahamas downgrade hits cruise port costs

The Bahamas’ sovereign credit downgrade has increased the Nassau Cruise Port’s financing costs to a level “never” considered just 90 days ago, its top executive has revealed. Michael Maura, the cruise port operator/developer’s chief executive, told

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Bahamas set to face Canada in FIBA World Cup 2023 Qualifiers

The Bahamas senior men’s national basketball team is set to return to action in less than two weeks when they face Canada in the first window of the FIBA World Cup 2023 Qualifiers.

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Regulators v Cybots, High Flyers v Truckers in NPBA showdowns

THE much anticipated final matchups are all set and a thrilling series of semi-final deciding games have set the stage for the championships in the New Providence Basketball Association.

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Jonquel shines in WNBA playoff debut, Sun go home

JONQUEL Jones made her WNBA postseason debut yesterday but a standout game from the league’s Most Improved Player was not enough for her team to advance to the semi-finals.

Real Property tax reforms can ‘double’ revenues to $200m

The Government has been advised that it could double real property tax collections to almost $200 million per year through better enforcement and ensuring all eligible properties are on the roll, a Cabinet minister has disclosed.

Internet gives 30% boost for Bahamian tourism forecasts

The Bahamian tourism industry’s ability to accurately predict visitor arrivals trends increases by 30 percent if it incorporates Internet search data into its forecasts, an IMF paper has revealed. The report Where should we go? Internet searches and

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Bahamas 'rises from captives extinction'

The Bahamas has “risen from extinction” in captive insurance, a leading industry player said yesterday, with this nation’s growth rate over the past three years “exceeding any other jurisdiction”.

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'Other crime down' but murder rate 16% up on last year

STATE Minister for National Security Keith Bell and Attorney General Allyson Maynard Gibson championed the Christie administration’s efforts to fight crime yesterday even as the murder rate for 2015 outpaced last year’s figures.