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GIANTS TOP THE CYBOTS 97-87

AFTER getting off to a great start in their season opener, the defending champions Mail Boat Cybots suffered a humbling defeat to their arch-rivals Commonwealth Bank Giants at the AF Adderley Gymnasium on Saturday night.

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INSIGHT: A vision for Downtown Nassau

ALTHOUGH the bulk of the plans for the rejuvenation of downtown Nassau are medium to long-term, Downtown Nassau Partnership (DNP) managing director Ed Fields is adamant the organisation is working to bring significant changes to the city.

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Ayton leads Suns with 18 in loss to Clippers

LOS ANGELES (AP) — Paul George scored 27 points and the Los Angeles Clippers pulled away in a dominant third quarter, beating newly returned Chris Paul and the Phoenix Suns 106-92 last night in Game 3 of the Western Conference finals.

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WNBA: Jonquel Jones earns Player of the Week honours

JONQUEL Jones concluded May with a season low scoring effort but opened June with season highs in three consecutive games to earn WNBA Eastern Conference Player of the Week honours.

BTC to 'exceed' $60- $80m earnings goal

BTC to 'exceed' $60- $80m earnings goal By NEIL HARTNELL Tribune Business Editor The Bahamas Telecommunications Company (BTC) will beat its $60-$80 million operating income projections for 2012 after generating cost savings faster than anticipated, alth

80% of motorists exposed torogue, uninsured drivers

A SENIOR insurance executive yesterday said it would not take “a heavy lift” to crack down on uninsured drivers who threaten to inflict a substantial loss on 80 per cent of Bahamian motorists.Patrick Ward, Bahamas First’s president and chief executiv

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Tobacco smuggling: Bill to recover 80% of revenue losses

The Government yesterday estimated that it will recover 80 per cent, or $20 million, of the revenues it loses annually to tobacco smuggling via its Excise Stamp initiative, and disclosed it was looking at similar measures to combat illegal alcohol imports.

Cable's $100m issue to slash debt costs

Cable Bahamas is aiming to slash interest costs by up to two percentage points via its $100 million preference share restructuring, revealing to Tribune Business yesterday that its Florida and local growth initiatives are “on plan”.

Ocean Club at ‘full pace’ for its re-opening

The One & Only Ocean Club invested “almost $30 million” in today’s re-opening, with the high-end resort set to hit “full pace” immediately via 85-90 per cent occupancies.

Bahamians on track in NCAA Division I outdoors

THE NCAA Division I Outdoor Track and Field season moved into respective conference championships over the weekend and several Bahamian student-athletes highlighted competition with winning performances.

'Highly efficient' Bahamas: OECD praises 85% tax mark

The Bahamas has been praised by the Organisation for Economic Co-Operation and Development (OECD) for the “highly efficient manner” in which it deals with tax information requests, processing 85 per cent within six months of receipt.

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‘Scumbags’ hit Robin Hood re-opening with $30k theft

Efforts to re-open the former Robin Hood store off Tonique Williams-Darling Highway have hit a ‘major setback’, Mario’s Bowling and Entertainment Palace chief executive, Leslie Miller, telling Tribune Business yesterday that the store had suffered $30,000 in damages after thieves stole six air conditioning units last week.

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Family and friends searching for missing Philip “Big Mama” Stubbs

Concerned family and friends are desperately searching for Philip “Big Mama” Stubbs, 80, who went missing after leaving his residence early this week.

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‘Down-payments cut’ as bank removes indemnity

The Central Bank of the Bahamas (CBB) has released new “relaxed” lending rules for residential mortgages.

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Woman denies guilt over falsified COVID test results

A 35-year-old woman was charged yesterday with 40 counts of possession of a forged document in connection to the recent trend of people attempting to travel using falsified COVID-19 test results.

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Poachers fined $20,000 a man

THE captain and crew of two Dominican vessels caught poaching in Bahamian waters late last week were charged in the Magistrate’s Court yesterday.

'Tourism industry won't recover until June 2021'

JAMAICA’s former tourism minister projects the tourism industry won’t recover from the COVID-19 crisis until June 2021 and will see 80 percent recovery only by winter of next year.

Costs, costs and more costs to bear

Well the Camelot celebrations are all over…$’000’s spent on hats…wonder how much Tax arrears the 1000 chosen owed the Treasury had enough to embellish themselves but.....

Taxi union chief’s fear for hundreds of drivers

Hundreds of taxicab drivers could potentially be left jobless at month’s end, the Bahamas Taxicab Union’s (BTCU) president fears, with the 80 percent holding leased plates most at risk.

Zip-line 'buccaneer' in approvals push

The Bahamian investor behind a proposed Arawak Cay ‘zip line’ attraction yesterday encouraged the Minnis administration to provide the necessary approvals for it to proceed and expand the tourism offering.