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BISX announces three new funds
THE Bahamas International Securities Exchange (BISX) announced that three new investment funds sponsored by Witherbotham Trust Company Ltd, along with one with sub-fund, have successfully completed the BISX mutual fund listing process and have been l
Minister optimistic on growing employment
A Cabinet minister yesterday said he is optimistic that more Bahamians are being recalled to work ahead of the furlough period’s December 13 end.
SCRAP METAL REGULATIONS PUBLICATION TO COME SOON
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AMENDMENTS to the Customs Management Bill which are expected to provide for oversight of the scrap metal industry, are expected to be gazetted soon, the Minister the Environment tol
Tourists ‘would be able to buy lotto tickets’ if gambling is legalised
A regulated web-shop industry and the creation of a national lottery could become tourism attractions for the country and sources of revenue, according to Tourism Minister Obie Wilchcombe.
Mortgage Corp still stuck at 40% arrears
The Bahamas Mortgage Corporation’s (BMC) arrears ratio continues to hover around 40 per cent, its chairman said yesterday, despite it adding $49.7 million in new mortgages to its portfolio over the past four years.
Nassau/PI resorts enjoy 24% increase in 'mice'
The Nassau/Paradise Island resort industry last year enjoyed a “24 percent increase” in its meetings, incentives, conferences and events (MICE) business, a Cabinet minister revealed yesterday.Dionisio D’Aguilar, minister of tourism and aviation, told
Realtors still hopeful over VAT extension
THE Bahamas Real Estate Association (BREA) remains hopeful it can secure an extension of time to implement the value added tax (VAT) increase, its president arguing: “It is not too much to ask for.” Christine Wallace-Whitfield told Tribune Business:
VAT change prompts hirings
Super Value will bring in new staff to help with its Value Added Tax (VAT) re-pricing for the January 1 switch to 10 percent from 12 percent.
Ministers meet GB businesses, unions
The Minister of Labour met with several major businesses and trade union leaders last week during his first official visit to Grand Bahama.
Govt raises permanent residency mark to $1m
A top realtor yesterday hailed as “a positive move” the Government’s decision to increase the permanent residency investment threshold to $1 million, saying this would help to redefine the type of clientele the Bahmaas attracts.
Sports in brief
VOLLEYBALL
Buddy Hield scores 19 in 87-82 loss to Heat
INDIANAPOLIS (AP) — Bam Adebayo had 22 points and 17 rebounds and Jimmy Butler scored seven straight points late in the fourth quarter to help the Miami Heat hold off the Indiana Pacers 87-82 last night.
Bahamian connection, Knights capture the Tip-Off Challenge
THE Niagara Knights men’s basketball programme got off to a successful start in exhibition play to set the tone for a promising 2017-18 campaign.With several Bahamian players on its roster for another season, the Knights captured the Dave Stewart Tip
Minnis open to coalition - but says Bran is arrogant
FNM Leader Dr Hubert Minnis said yesterday that while he is “open” to forming a coalition with the Democratic National Alliance, he is “turned off” by DNA Leader Branville McCartney’s arrogance.
GOVT SEEKS TO KNOCK DOWN SHANTY HOMES: 555 properties to be demolished if approval is given
THE government is seeking to demolish 555 shanty town structures in New Providence and Abaco –– with the Office of the Attorney General asking the Supreme Court to approve the order.
Adrian Gibson’s lawyer pushes for another justice
THE lawyer representing Long Island MP Adrian Gibson in his corruption trial continued to push for his case to be transferred to another justice.
Professional basketball player Tavario Miller stars in Japan
TAVARIO Miller began a new chapter in his pro basketball career in Japan and has emerged as a leader for his title contending club.
JR Cadot’s Nexxt Basketball Club holding training and development programme
AS a spinoff from his Dream Again Basketball Camp in July at the Remnant Tabernacle of Praise Center on Carmichael Road, former collegiate and professional basketball player JR Cadot is at it again with his Nexxt Basketball Club.
WSC manager claims she was asked, ‘What ways can we find to increase costing?’
A SENIOR manager at the Water and Sewerage Corporation (WSC) claimed in court yesterday that Adrian Gibson asked her how the corporation could increase the cost of maintenance contracts awarded to companies he allegedly ordered to be contracted.
