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Govt ‘strained’ by first non-profit bill
The Government would have placed increased “financial strain” upon itself had it gone through with the initial Non-Profit Organisations Bill version, sector representatives warned.
Bahamas ‘grew’ stopover market share during 2012
Hotel industry leaders yesterday disputed Moody’s assertion that the Bahamas had lost stopover visitor market share to Caribbean rivals, saying this nation “held or slightly increased” its share in 2012 - a year that 1.35 million air arrivals made the best since 2008.
Pension providers enjoy 'significant' 100% inquiry rise
By NEIL HARTNELL
COVID’s ‘timing concerns’ for $24.5m cruise port IPO
Nassau Cruise Port’s chief executive yesterday said COVID-19’s economic impact has caused “concerns with the timing” of its plans for Bahamian investors to gain ownership in the $250m project.
Electric vehicle dealer targets sales doubling
A Bahamian electric car dealer yesterday voiced optimism that it will “double” year-over-year vehicle sales in 2022 having just placed a record 100-strong order with its Chinese supplier.
Atlantis booking paceup 7% on 2011 figures
The Atlantis resort’s booking pace was 7 per cent ahead of 2011 comparatives for August, its operator telling Tribune Business it was confident that 2013 group business would “match, if not exceed” this year’s levels.
Resorts set for ‘over 90%’ Thanksgiving occupancies
Major Bahamian resorts are set to enjoy occupancies “in excess of 90 percent” over the Thanksgiving holiday, a top hotelier disclosed yesterday, adding: “We’re not looking back.”
Buddy and Kings rally from 21 points down, beat Ayton and Suns 114-103
PHOENIX (AP) — De’Aaron Fox scored 27 points, Nemanja Bjelica 19, Buddy Hield added 16 and the Sacramento Kings rallied from a 21-point deficit in the third quarter to beat the Phoenix Suns 114-103 last night.
Loan approvals hit six-year low
Bank loan approvals fell to their lowest level for six years in the 2020 second half, it was revealed yesterday, with just two-thirds of applicants approved compared to 80 percent in the prior year.
BPC director blasts 'preposterous' action
A Bahamas Petroleum Company (BPC) director yesterday slammed "preposterous" environmental activists for seeking to block this nation from discovering whether it has natural resources to exploit.
Central Bank back in compliance on Gov't debt limits
THE Central Bank yesterday said its government debt holdings are back in compliance with its governing Act, with medium and long-term maturities equal to 12.52 per cent of its demand liabilities.The regulator, responding to the IMF’s Article IV repor
Insurer 'praying' Abaco 90% paid in six months
A top Bahamian insurer was yesterday “praying” that 90 percent of Abaco’s Dorian-related claims will be paid out within the next six months given the scale of the island’s devastation. Anton Saunders, RoyalStar Assurance’s managing director, told Tr
'How could I compete' against 7 cents power?
A Bahamian businessman yesterday questioned “how am I supposed to compete” against foreign rivals whose all-in electricity costs are almost two-thirds lower than BPL’s fuel charge.Robert Myers, who also heads the Organisation for Responsible Governan
Canadian U-Sports teams in late season push for final playoff standings
THE St Mary’s Huskies are still streaking while one Bahamian national team standout had her usual leading performance in the final home game of her collegiate career.
91-year-old man is latest virus death
A 91-year-old man died in hospital on Monday, becoming the country’s sixth COVID-19 death.
'You can buy a hotel' with Emerald Bay electricity bill
SANDALS’ chief executive has told Tribune Business “you could buy a hotel” with the monthly electricity bill generated by its Emerald Bay resort,with the property targeting a 6-7 per cent increase in its 2013 average occupancy rate.
Find Kenrika's killer
THE aunt of the teenage girl found dead Wednesday morning at Stokes Cabana in the Yamacraw area said her family is distraught over her murder. Police said shortly after 7am, they were alerted to the partially nude body of a female on a beach at the
Bahamas closes in on six straight
TEAM Bahamas drew closer to capturing its sixth straight and eight out of nine CARIFTA Swimming Championship title on day three of the four-day competition last night at the Betty Kelly Kenning Swim Complex.
Despite virus, Coleby and Japanese B-League resume play last weekend
DESPITE concerns expressed by several stakeholders affiliated with the Japanese B-League, Kadeem Coleby and the remainder of the league resumed play last weekend as the coronavirus COVID 19 outbreak continues.
The story of the aircraft lost in The Bahamas
TRIBUNE readers may recall fifteen articles about Mailboats of the Bahamas in 2016. This new series about World War Two aircraft discoveries in our archipelago is similar, except the history is less static and more tactile.