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‘Increased criminality’ drove 6% suspect reporting growth

THE FINANCIAL Intelligence Unit (FIU) says the 5.7 percent increase in suspicious transaction (STR) and other reports received in 2021 was driven by “increased criminality” experienced during the COVID-19 pandemic.

NHI's extra $10m 'no cost overrun'

Top National Health Insurance (NHI) executives yesterday said extra government funding was required to cover the five percent monthly increase in beneficiaries, and did not represent a “cost overrun”.Dr Robin Roberts, the National Health Insurance Au

Contractor chief: 'Show me numbers' on Pointe

The Bahamian Contractors Association’s (BCA) president yesterday demanded to “see the numbers” showing Bahamian participation on The Pointe project has increased 100-150 percent.Leonard Sands called on the government to show just how many Bahamians a

McPhee-McCuin and Ole Miss Rebels top Flyers 63-50

It was a grand homecoming for coach Yolett McPhee- McCuin as her University of Mississippi Rebels ran away with their opening game of the Baha Mar Hoops Pink Flamingo Championship at the Baha Mar resort last night.

Properties taxed on just 40% of value

The average Bahamian property is being taxed on just 40 per cent of its market value, a report warning that this is creating “efficiency and equity distortions” that undermine revenue yields and compliance.

GB Power: No rate rise from $18.3m asset recoveries

The Grand Bahama Power Company’s (GBPC) majority shareholder yesterday confirmed it had been given regulatory approval to recover $18.3 million tied up in retired generation units, although it emphasised this would not lead to an increase in customer tariffs.

INSIGHT: Saints or sinners? The real story of caring for HIV and AIDS patients

After the US State Department’s report last week accused a Bahamian care institution of neglect and inadequate medical provision, Ava Turnquest, Tribune Chief Reporter, paid a visit. She gained a very different impression.

SUFFERING ON THE STREET AS HEAT SOARS: Hot weather affecting everyone, but homeless are especially vulnerable

BAHAMIANS of all backgrounds are scrambling for relief from the brutal heat this summer, but for some of the country’s poorest residents, managing the conditions is an existential challenge.

Doctors fear ‘minimum’ 25% cost rise with NHI

Doctors fear the Bahamas will be left with “a dysfunctional health system” if the Government forges ahead with National Health Insurance (NHI), as the current model is plagued by funding shortfalls and threatens to increase their costs by “a minimum” 25 per cent.

VAT health claims change ‘may’ not happen April 1

The Government “may not” implement the new VAT treatment for medical insurance claims payouts by its April 1 target, it was revealed yesterday, with the decision hinging on a meeting with healthcare stakeholders later this week.

Bahamasair off 35% against pre-COVID

Bahamasair’s peak summer revenues were down by 35 percent compared to pre-COVID19 figures, its chairman has revealed, although passenger occupancy on its US routes averaged around 80 percent.

BISX: 50/50 buyer-seller ratio 'damn good market improvement'

The Bahamas International Securities Exchange’s (BISX) chief executive believes a “damn good improvement” is occurring in the stock market, with the buyers-to-sellers ratio now standing at 50/50 after deteriorating to 20/80 at the recession’s peak.

$80m energy project eyes 25% cost slash

An $80 million renewable energy project believes it could slash electricity costs for consumers on 15 Family Islands by at least 25 per cent, having met or exceeded the Government's own pricing targets.

Did Fred learn anything from Abu Dhabi?

IN YESTERDAY’S Tribune, a photo, taken in December, was published of Foreign Affairs Minister Fred Mitchell being received by Abu Dhabi foreign affairs minister Sheikh Abdullah bin Zayed Al Nahyan.

'Web shops will have a Christmas party but hate to pay their staff a decent salary'

MORE than 1,000 trade disputes were filed with the Department of Labour in 2018, Labour Minister Dion Foulkes revealed yesterday during his budget contribution in the Senate. In total, 1,207 disputes were filed. Labour Director John Pinder later told

Shipyard plans rebound from 'brink of closure'

Grand Bahama Shipyard yesterday said last week's termination of 67 workers was vital to its survival strategy after events over the past 15 months brought it "to the brink of closure".

Residents still left in the dark over Rubis spill investigation

MARATHON residents yesterday said they were still no closer to learning critical details of their level of exposure to harmful chemicals from the 2012 gasoline leak at a nearby service station.

'Pent up' second homedemand to aid Bahamas

The Bahamas and other Caribbean nations are poised to benefit from “pent-up demand” for luxury second homes, a leading international realtor believes.

Undersized Bahamas ‘manhandled’ by Argentina, 74-53

Before they left, the Bahamas Basketball Federation knew that if there was one disadvantage for their national boys’ team, it was their size.

Web shops: Tax rises attempt to seize industry

The government has been accused of trying to seize control of the web shop industry through tax increases that will “decimate” all operators and 3,000 jobs in less than a year.The Bahamas Gaming Operators Association, in a furious post-budget counter

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