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Chairman says electricity company is set to lose $16.3M this year
THE Bahamas Electricity Corporation is projected to lose $16.3 million this year, according to chairman Leslie Miller –who said the corporation is on the brink of collapse and must make drastic changes immediately.
Palm Cay growth creates 100 jobs
The Palm Cay development’s expansion has generated 100 jobs for persons working directly with the development or for contractors and sub-contractors.
$30m Four Seasons development negotiations 'well advanced'
THE government is expected to meet next week to “wrap up” a Heads of Agreement to pave the way for a reported $30 million Four Seasons branded luxury resort development in Eleuthera.
Crime solutions
EDITOR, The Tribune.
Boldly going into the future
YOUNG Bahamians from New Providence and Grand Bahama have been learning leadership skills in a joint venture between the United States Embassy and the Ministry of Youth, Sports and Culture.
Cookout to give a taste of lionfish
A NEW event designed to raise awareness of the invasive lion fish and to help eradicate them takes place on Saturday with a fishing tournament and cook out.
A Bahamian not living off others
EDITOR, The Tribune.
Trevon Grant looks to emerge as a leader for Axemen
HEADED into his senior season, Trevon Grant looks to emerge as a leader for the Acadia Axemen basketball programme.Through six preseason contests thus far, Grant has averaged 12 points and 5.8 rebounds per game to lead the Axemen to a 4-2 record in e
With hat trick, Messi sets Barcelona goals record
BARCELONA, Spain (AP) -- Lionel Messi broke Cesar Rodriguez's 57-year-old Barcelona career scoring record, getting his eighth hat trick of the season in a 5-3 Spanish league win over Granada on Tuesday night that increased his goals total to 234. Messi tie
SPORTING MISCHIEF & MAYHEM: A mad March day for records and retirements
FROM time to time I like to look back at great sports achievements, occurrences and events in sports history.
Psychiatrist on 'hidden epidemic wreaking havoc' in Bahamas
EARLY childhood abuse is linked to violence and murder in teenage years, noted psychiatrist Dr David Allen said yesterday, adding this “hidden epidemic” is “wreaking havoc” in the country.
First Baptist emerge as champions
FIRST Baptist emerged as the champions of the Baptist Sports Council’s 2015 Track and Field Classic at the Thomas A Robinson Track and Field Stadium on Saturday.
BPL inks with Credit Suisse for $100m
BAHAMAS Power & Light (BPL) has executed an engagement letter with Credit Suisse for the provision of up to $100 million in interim financing, the Minister of Works said yesterday.
Public says no to VAT, according to new survey
A SURVEY has been launched to gauge what Bahamians think about Value Added Tax – with the early results showing the majority of those polled reject it.
Boat show sparks '10 times' 2012 interest
A BAHAMIAN boat/yacht broker expects the “fantastic” turnout at the weekend’s PalmCay Boat Show will translate into significant sales over the next few months, telling Tribune Business the 2013 version generated ‘10 times’ the amount of interest compared to last year.
30% collateral slash: IMF in 'real estate indices' call
By NEIL HARTNELL
30% collateral slash: IMF in ‘real estate indices’ call
The value of property assets used to secure Bahamian commercial bank mortgages has fallen by up to 30 per cent, prompting the International Monetary Fund (IMF) to call for this nation to develop “real estate price indices”.
HSBC departure 'not jurisdiction driven'
HSBC's departure from this nation is 'not jurisdiction driven at all', although 12 Bahamian jobs will be lost through the global banking giant's decision to exit a 'non-core' business by 2014.
Bahamas tops Caribbean for LA, Houston tourists
The Bahamas is the most sought-after Caribbean destination among US west coast and central markets for a leading travel website’s clients, with this nation urged to “tell the story” of its individual islands and create an ‘urgency’ to visit.
Lucayan chair slams 'nasty, torturous' close
The Grand Lucayan’s chairman yesterday accused Hutchison Whampoa of displaying “a lot of bad faith” over the $65m deal’s closing, branding negotiations as “nasty and torturous”.Michael Scott, chairman of Lucayan Renewal Holdings, the Government-owned
