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Cellular revenues per user up despite subscriber fall-off
The Bahamas Telecommunications Company’s (BTC) average revenue per user (ARPU) in the cellular market grew by almost 25 per cent in 2013, despite a market that declined slightly in terms of subscriber numbers.
Swift Masters do Bahamas proud
SIX members of Swift swimming represented the Bahamas well at the World Masters Championships. The World Championships highlight both the club and country at the worlds’ largest meet.
Auto chief waits 6-8 months for $200k tax refund
The Bahamas Motor Dealers Association’s (BMDA) president yesterday revealed he has been waiting six-eight months for a $200,000 tax refund, while seeing “only red ink” on his company’s financial spreadsheets.
BOB: $70m wiped off value in week
Bank of the Bahamas saw almost $70 million wiped off its stock market value last week, as investors searched for the ‘floor’ following the removal of price movement restrictions.
‘Coach Yo’ named to men’s national team coaching staff
YOLETT McPhee-McCuin continues to make history in the coaching ranks and achieved another milestone on her résumé when she became the first woman to join the coaching staff of a Bahamas senior men’s national basketball team.
Athletes get set for CARIFTA trials starting Friday
IN anticipation of the finals trials this weekend and subsequently the CARIFTA Games over the Easter holiday weekend, the top sprinters eligible for Team Bahamas got a chance to go through a block start session.
Hurricane Hole Superyacht Marina opened
STERLING Global Financial officially opened its Hurricane Hole Superyacht Marina on Paradise Island on Friday, marking a significant milestone for the international company.
Cable losses hit $16.7m amid wait for growth pay-off
Cable Bahamas suffered a 12.5 per cent increase in annual net losses to $16.658 million for 2016, driven by Hurricane Matthew-related repair costs and the wait for expansion investments to pay off.
Insurers 'uncertain' over hospital debts
THE Bahamas Insurance Association says it is “uncertain at this time” if private insurers owe revenue to the Public Hospitals Authority due to the PHA’s inadequate billing system. Health Minister Dr Duane Sands has said the PHA delivers as much as $4
$5m deal signed to improve water supply in Long Island
A $5m contract was signed yesterday between the Water and Sewerage Corporation and BHM Company Limited to bring potable water to hundreds of residentes in Long Island. Settlements such as Salt Pond have “suffered for far too long without a reliable p
Contractors: ‘Perfect storm’ over raw materials quotes
Bahamian contractors “cannot control prices” because quotes on building materials are holding for as little as 48 hours, with one saying yesterday: “It’s just the perfect storm.”
GAIN AN EDGE: Achieving college dreams through summer learning
Thanks to StemForce Bahamas, a grant from Lyford Cay Foundations and support from other donors, Bahamian public-school students like Carmetta Barry have developed a passion for learning science while also carving a path to higher education.
‘Super Mario Run’ makes missteps
Super Mario might be running, but a hefty price tag for a mobile game just won’t fly with the masses.
Exploring Bahamian heritage through fashion
A YOUNG CALIFORNIA fashion and design student is exploring her Bahamian roots, weaving together the threads of two different worlds.
Six-month 'past due' loans double to 60%
The proportion of non-performing loans more than six months’ past due has almost doubled from pre-recession levels to 60 per cent, reflecting both borrower struggles and bank repossession difficulties.
90 days for suspect to appeal against extradition
A MAN fighting extradition to Florida for a woman’s manslaughter has 90 days to file his appeal to the country’s highest court.
DPM targets 50% tourism GDP boost
THE Bahamas could increase tourism’s economic contribution by 50 per cent if it can drive hotel occupancies to an average 90 per cent, the Deputy Prime Minister believes.K P Turnquest told the Bahamas Hotel and Tourism Association’s (BHTA) annual gen
One dead, one hurt in drive-by shooting
POLICE are investigating a drive-by shooting that left one man dead and another one injured and in hospital.
HUBERT EDWARDS: The low growth, high debt trap
In the first article we assessed some of the consequences from a high, and growing, national debt. With The Bahamas’ debt-to-GDP ratio expected to remain above 80 percent over the mid-term at least, the question that dominates is the extent to which this is sustainable.
Ayton injured, Suns eliminated in Game 6
PHOENIX (AP) — Nikola Jokic scored 32 points in another triple-double, Jamal Murray added 26 and the Denver Nuggets advanced to the Western Conference finals for the first time since 2020 by beating the short-handed Phoenix Suns 125-100 in Game 6 on Thursday night.