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Stadium costs soared to $43m
The Andre Rodgers Baseball Stadium is a waste of taxpayer money that will “never pay for itself”, a Cabinet minister admitted yesterday, amid steps taken to prevent a near-tripling of costs.
Reforms to boost financial services industry flexibility
Reforms to two key corporate products will boost the Bahamian financial services industry’s competitiveness by enabling it to provide more flexible structures to clients, the Attorney General has charged.
Corporations facing $1.6bn pension hole
The Government-owned corporations will have a collective $1.6 billion deficit in their employee pension plans by 2032 unless urgent reforms are enacted, a report obtained by Tribune Business reveals.
Cable fears basic TV 'cannibalisation'
Cable Bahamas fears its SuperBasic TV package could be “cannibalised” by obligations requiring it to provide a basic television service to unserved areas throughout the Bahamas, warning it could suffer “revenue” loss from consumers switching to the latter.
Tourism targets 45,000 visitor reopening peak
A Cabinet minister yesterday predicted stopover visitor arrivals will hit a 45,000 post-COVID re-opening peak for March - albeit they remain up to 90 percent down on pre-pandemic levels.
Privatising Nassau Flight: Foreigners need not apply
A Cabinet minister has told foreigners to forget about bidding for Nassau Flight Services (NFS) with his ministry today launching the privatisation process for the state-owned ground handler.
Lori Roach: CARIFTA Triathlon & Aquathlon went exceptionally well
AFTER The Bahamas placed third overall with six medals at the CARIFTA Triathlon and Aquathlon Championships, event organisers are impressed with the country’s first hosting of the event.
Infected traveller was not on airline flight list
THE man who flew to Grand Bahama on Friday despite testing positive for COVID-19 was one of four people from the same household who were not on Bahamasair’s initial list of people slated to join the government’s repatriation exercise.
DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012
By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti
DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012
By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti
Man acquitted of stealing $150,000 from customer
By LAMECH JOHNSON
Pro basketball players Munnings, Davis headed to new clubs in France
A PAIR of national team members from the recent FIBA World Cup ‘23 Americas Qualifiers will head to new locations when they resume their pro careers in Europe.
Byron Ferguson secures berth in the Greece All-Star Classic
BYRON Ferguson has secured his berth in the Greece All-Star Classic this weekend.
Ferguson Jr in Euro Pro Volleyball All-Star game
IN what he describes as his best season in the European Professional Volleyball League, Iraklis’ Byron Ferguson Jr is headed to the All-Star game.
Fox and Chisholm named to Arizona Fall League rosters
LUCIUS Fox and Jazz Chisholm continue their progression through their respective Major League Baseball organisations and reached another pair of milestones this week.
College Basketball: Bahamians go head-to-head
FOLLOWING a break for the holidays, collegiate basketball resumed amongst Canadian colleges and universities with several Bahamians back on the court for their respective programmes.
Jonquel Jones and Foxes continue to dominate Russian Premier League
JONQUEL Jones and her juggernaut UMMC Ekaterinburg Foxes club continue to dominate the Russian Premier League.
Cash asks if the plan was always to wrestle control from Izmirlian
FORMER Free National Movement Chairman Darron Cash yesterday questioned if it was Prime Minister Perry Christie’s plan all along to “wrestle control” of Baha Mar away from its developer Sarkis Izmirlian.
Carnival bands estimate 1,000 reveller ‘no show’
Bahamas Junkanoo Carnival participants yesterday said there was “no denying” that the postponement debacle had impacted this year’s event, estimating that “no less than 1,000” revellers did not attend as a result.
