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DPM 'hopeful' GDP growth will escape oil price shocks
The Deputy Prime Minister is expressing confidence that The Bahamas will meet its 2.5 per cent GDP growth target despite rising oil prices, adding: “Hopefully we’ll be able to ride it out.”KP Turnquest, pictured, conceded to Tribune Business that inc
Farmer raises climate query for $60m project
A BAHAMIAN farmer is questioning whether enclosed agricultural projects, such as Eeden Farms’ $60m Gladstone Road joint venture, can thrive due to this nation’s hot climate.
Speed Week 2014 eyes 'double room nights'
BAHAMAS Speed Week’s investors yesterday predicted the event will take “a big step up” on 2014 with “double the number of entrants and the room nights”, following a pledge by Deputy Prime Minister Philip Davis to build a proper racing circuit to accommodate it.
BPC 'halt' rejected over losses pledge absence
The Supreme Court refused to "stay" Bahamas Petroleum Company's (BPC) exploratory oil drilling because its opponents failed to give "a cross-undertaking" to cover potential losses from such delay.
Lady Truckers run over Cybot Queens, take 2-1 lead
In an explosive display of their offensive prowess, the Johnson’s Lady Truckers coasted into the driver’s seat of the New Providence Women’s Basketball Association’s best-of-five championship series with an impressive 82-68 victory over the Super Value Cybot Queens at the DW Davis Gymnasium last night.
NPBA: Eagles Nest and Rockets in the win column
THE Leno Eagles Nest and the Discount Distributors Rockets emerged victorious in the two New Providence Basketball Association games at the AF Adderley Gymnasium on Monday night.
29% auto sales rise 'not true market reflection'
29% auto sales rise 'not true market reflection' By NEIL HARTNELL Tribune Business Editor The 29 per cent year-over-year new car sales increase for the first two months of 2012 is "not a true reflection" of the anemic overall market, two Bahamas Motor D
29% auto sales rise 'not true market reflection'
29% auto sales rise 'not true market reflection' By NEIL HARTNELL Tribune Business Editor The 29 per cent year-over-year new car sales increase for the first two months of 2012 is "not a true reflection" of the anemic overall market, two Bahamas Motor D
STATESIDE: Trump still plays the squatter in the White House as Republicans struggle to cut the chains to their electoral loser
IT’S been 16 days now since America’s general election. A nasty joke has been making the rounds. It goes like this:
S&P downgrade a ‘wake-up call’
The Central Bank’s governor yesterday said Standard & Poor’s (S&P’s) August downgrade of the Bahamas’ sovereign credit rating to one notch above ‘junk’ status was “a wake up call”, not a “seismic event”.
First VAT filings: ‘Huge discrepancies’ unlikely
The Tax Coalition’s chairman is not expecting “huge material discrepancies” between the private sector and the Government over the first Value-Added Tax (VAT) filings, although he acknowledged: “The proof of the pudding is in the eating.”
$20-$30M INVESTMENT AT LAST HOTEL CORP HOTEL
By NEIL HARTNELL Tribune Business Editor An Illinois-based investor is eyeing a $20-$30 million investment during the first two phases of its plans to transform the last Hotel Corporation-owned property into an upscale boutique resort, with talks aiming
Bahamas suffers loss to Dominican Republic
SENIOR MEN’S NATIONAL BASKETBALL TEAM IN FIBA WORLD CUP 2023 AMERICAS QUALIFIERS
Chavano “Buddy” Hield put on a show playing in front of the home crowd for the first time as a pro, but a fourth quarter rally from Team Bahamas fell just short as they lost the final game in the third window of FIBA World Cup 2023 Americas Qualifying opening round play.
Halkitis denies missing targets
STATE Minister for Finance Michael Halkitis yesterday refuted media reports that the government has already blown past its forecasted deficit targets for 2015-2016.
Verdict leaves Baha Mar at ‘serious disadvantage’
A Baha Mar director has expressed fears that yesterday’s Supreme Court ruling will further “embolden” its Chinese partners to harden their negotiating stance in talks to resolve the dispute over the $3.5 billion project.
S&P: Primary surplus key to stable rating
The Government will take a major step towards convincing Standard & Poor’s (S&P) to maintain the Bahamas’ ‘investment grade’ rating if it can hit primary Budget surplus targets from the 2015-2016 fiscal year onwards.
$7m project combines key PI tourism assets
A veteran hotelier is planning to invest $7 million in recombining two key Paradise Island tourism assets, in a venture that will create at least 30-40 new jobs.
Civilian divers find plane wreckage just 40 mins into search
A CIVILIAN effort to locate the plane of missing pilot Byron Ferguson proved fruitful after a team mobilised by Gina Knowles, co-founder of online support group HeadKnowles, discovered plane debris in the waters off Nirvana Beach yesterday.
Family Islands urge: ‘tax web shops to the hilt’
Family Island businessmen yesterday urged the government to “tax the web shop industry to the hilt” because it has left many communities “in shambles”.
Angry hotel unions raise strike threat
Hotel workers were yesterday warned it would be “absolute madness” to further damage a tourism industry already “reeling” from Hurricane Dorian with industrial action during the peak winter season.
