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SUPERVALUE IN 'OVER 20%' XMAS SALES RISE

By NEIL HARTNELL Tribune Business Editor The Supervalue supermarket chain saw a more than 20 per cent year-over-year increase in its Christmas sales figures, its owner and president telling Tribune Business yesterday the company was likely to invest a fu

Super Value chief calls for pricing, exemption clarity

Super Value’s owner yesterday urged the Government to publish its list of Value-Added Tax (VAT) ‘exempt’ items, and called for prices to be confined to store shelves - not the products.

Gov't concern on conch export block decision

The Government yesterday voiced concern that Queen Conch exports could be threatened if the US declares them an endangered species, creating “significant social and economic hardship” for thousands of Bahamian and regional fishermen.

BNT eyeing 'rough' Q4 over funding concerns

THE Bahamas National Trust (BNT) is refining its fund raising strategy its executive director said yesterday, telling Tribune Business that the third quarter of the year is “going to be rough” unless it is able to obtain significant funding.

‘Be careful how world eyes Freeport change’

THE GRAND Bahama Chamber of Commerce’s president yesterday warned that the Government must pay attention to how its actions are perceived by potential investors as it strives for major in Freeport’s governance.

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Five weeks of rising COVID cases in region

FOR the past five consecutive weeks the Caribbean has experienced a rise in new COVID-19 infections, according to Pan American Health Organisation Director Dr Carissa Etienne yesterday.

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'Murder rate due to drugs and guns'

NATIONAL Security Minister Tommy Turnquest said yesterday the Bahamas' high murder rates stem primarily from drugs and firearms.

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‘All-Bahamian’ $30m hotel gets conditional go-ahead

The Bahamian developer of a proposed $30m West Bay Street hotel was yesterday granted preliminary site plan approval for the project provided its “side setbacks” are increased to 15 feet.

COVID visitor testing hits 'bumps in road'

The Government's five-day COVID-19 visitor testing strategy has hit "some bumps in the road" on islands where provision is solely reliant on the public sector clinics, a Cabinet minister said yesterday.

Key revenues off 30% in Matthew aftermath

Hurricane Matthew’s impact on government revenues has been exposed by data showing a collective 30 per cent month-over-month drop-off in three key taxes during October.

Tourism targets Latin American expansion

THE Ministry of Tourism has brought Latin America to the Bahamas through a recent familiarisation trip for journalists.Media personalities from Colombia, Peru and Panama visited Nassau and Paradise Island to receive a taste of Bahamian culture, as th

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DPM: Bahamas faces 'deep, stark' recession

The deputy prime minister yesterday warned The Bahamas faces a “very deep and stark recession”, and urged it to brace for “major problems” if the COVID-19 crisis continues beyond summer.

Classes resume at University of the Bahamas campus in Freeport

THE University of The Bahamas North has reopened and resumed classes at its downtown centre in Freeport, a month after Hurricane Dorian destroyed the northern campus in East Grand Bahama. Dr Ian Strachan, vice president of UB North, said university

VAT exemptions 'not in best interest of gov't or businesses'

EXEMPTIONS under the proposed Value Added Tax (VAT) systems would “not be in the best interest of the government or businesses” according to the head of the Retail Grocers Association, who argued that the potential to recover only 20-25 per cent of their inputs would eventually drive some retailers out of business.

Financial sector boost via perpetuity 'honour'

The Bahamian financial services industry may obtain a competitive advantage from a recent precedent established by the Supreme Court, which proves the judiciary will “honour” the law enabling old trusts to continue ‘in perpetuity’.

Neglecting our veterans

Seemingly until this year Remembrance Day was a must attend event on the calendar of our elected people and obviously the Veterans – not in 2015.

Fast ferry service from Florida starts today

A 1,000-seat fast ferry service between Grand Bahama and Fort Lauderdale starts today, with the arrival of Balearia Bahamas Express’ newly commissioned vessel Bahama Mama.

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Texas A&M Aggies lead Island Relays Bahamas

GRAND Bahama: After the first day of competition, Texas A&M Aggies have surged in front in the two-day Island Relays Bahamas at the Grand Bahama Sports Complex.

Antique Auto Club announces its new officers for 2012/2013

THE Antique Auto Club of the Bahamas has announced the election of new officers and directors for 2012/13. The new president is Brendan Foulkes and the new vice-president is Dwain Wallace. Murray Forde and Wayne Aranha were returned to the positions of se

Antique Auto Club announces its new officers for 2012/2013

THE Antique Auto Club of the Bahamas has announced the election of new officers and directors for 2012/13. The new president is Brendan Foulkes and the new vice-president is Dwain Wallace. Murray Forde and Wayne Aranha were returned to the positions of se