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Rondo-less Celtics beat Hawks to tie series
ATLANTA (AP) -- Paul Pierce battled through another tough shooting night to score 36 points and the Boston Celtics wiped out Atlanta's 11-point lead in the second half even without Rajon Rondo, stunning the Hawks 87-80 on Tuesday in Game 2 of the Eastern C
Law team to do battle
BAHAMIAN students in the UWI law programme at COB have a once in a lifetime opportunity to participate in a world class moot competition in Washington DC next month. With more than 500 law schools represented from more than 80 countries, the competitors
Sandals to expand $23m hotel by 50%
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i
Sandals to expand $23m hotel by 50%
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i
Man admits having gun and drugs
A 21-year-old man who was caught with a quantity of ammunition and drugs must pay $3,200 to avoid spending nine months behind bars.
Two men accused of murder could face death penalty
TWO men will stand trial in 2017 for the gold-chain snatching and murder of a man in his Family Island home. They face the death penalty if convicted.
Sports notes
THE Bahamas Rugby Union is scheduled to continue its regular season at the Winton Rugby Centre on Saturday when Baillou takes on the Cuckoos in the lone game at 3pm.
Bahamas needs ‘more marked’ deficit decline
Standard & Poor’s (S&P) has warned the Bahamas needs a “more marked” decline in its fiscal deficits to halt the rising national debt, which it forecasts will grow to 53 per cent of GDP on a net basis by 2018.
‘Sooner the better’ over BPL base rate increase
Bahamas Power & Light’s (BPL) chief executive yesterday warned the utility’s base tariff rate must ultimately increase to offset “diminished returns”, adding: “The sooner, the better.”
BUSINESS BITES: Sebas happy playing to contented customers
When I visited the East Bay Street head office of Investar Securities at 10am on Monday June 3, a dozen citizens were already there waiting to subscribe to either of the two Titan Mutual Funds being launched.
No resolution over food price control ‘stalemate’
The Bahamian food distribution industry was last night said to have reached a “stalemate” over efforts to strike a price control deal with the Government via a 1,000-strong product list designed to “more than half-way” meet its demands.
Atlantis braces for $14m hit from BPL’s fuel hike
Atlantis is predicting it will take a $14m hit this year from Bahamas Power & Light’s (BPL) hiked fuel charges but remains hopeful this will be minimised by higher visitor spend and room rates.
Cruise port eyes 1m visitors by end-2021
Nassau Cruise Port’s top executive yesterday said it could welcome one million visitors over the five months to year-end 2021 even if vessels call with just 60 percent average occupancy.
Bahamasair 'exhausts' $19m annual subsidy
Bahamasair's chairman yesterday confirmed the airline "exhausted" its $19m taxpayer subsidy during the first four-five months of its financial year, but said: "At least we don't have zero cash flow now."
Water Corp 'hanging on a very tight string'
The Government has little choice but to bail-out a Water & Sewerage Corporation that is "hanging on a very tight string"," a Cabinet minister confirmed yesterday.
DIANE PHILLIPS: The little shop with a window back on time
At the southeast corner of Bay & Frederick Streets stands a store that seems to defy time. The sign above the door reads simply A BAKER & SONS, ESTABLISHED 1894. If you were alive when it opened, you would be 124 today and probably not remember the day it opened. But for most of the rest of us, we cannot remember a time when it did not exist nor when we were not fascinated by the fact that it remains, a survivor of the days when men’s shirts and baby clothes shared the same kind of tight plastic see-through protective wrapping.
'Unify' Abaco's power grid to eliminate four voltages
The Inter-American Development Bank (IDB) has warned many Abaco residents will be without power “for a year or longer”, as it called for a “unified” grid to eliminate the four voltages used pre-Dorian.The multilateral lender, in documents accompanyin
Govt finances face 3-year Dorian blow
Hurricane Dorian will likely throw the government’s finances off-track for the next three years, the deputy prime minister has revealed, although its fiscal “fundamentals” have not altered.K Peter Turnquest told Tribune Business that a “three-year ru
Fund’s record $75m inflow builds RF Bank ‘war chest’
A Bahamian investment bank yesterday said it expects to match last year’s record $75m inflow into its fixed income fund and further build a “war chest” to deploy as possibilities emerge in 2022.
Activist: Disney ‘first test’ for Gov’ts words, actions
Activists yesterday said Disney’s Lighthouse Point project will be “the first test” for the Davis administration when it comes to “matching words” in Opposition to “actions” when in government.