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Ayton and Suns rally for 120-112 win over Knicks
PHOENIX (AP) — Deandre Ayton snatched the loose ball, glanced down the court and saw Aron Baynes streaking toward the rim with no one around him. The 6-foot-11 centre never hesitated, launching a pass to his 6-10 teammate and hitting him in stride fo
Bishop Laish Boyd concerned about election victory margins, turnout
BISHOP Laish Boyd has voiced concern regarding margins of victory and a lower-than-normal voter turnout in the September general election, saying such margins may encourage a government to be less than fair and less than evenhanded.
‘I’ve got to do it this year, and it does motivate me’
AFTER a subpar and injury-plagued junior year, Bahamian wideout Demitri Knowles is intent on displaying a renewed focus this fall as a senior and reclaiming a significant spot in the receiving corps for the Virginia Tech Hokies.
Atlantis Crown Gynmastics Invitational Thursday at Atlantis
THE excitement is building for the hosting of the fourth annual Atlantis Crown Gymnastics Invitational. It’s all set to get underway in the Imperial Ballroom of the Atlantis resort on Paradise Island tomorrow.
Coaches hold inaugural Throwers All-Comers Meet at COB
WITH no local track and field meet being held at the Thomas A Robinson Track and Field Stadium over the weekend, a group of coaches took advantage of the break to hold the inaugural Throwers All-Comers Meet at the College of the Bahamas on Saturday.
Hilton give staff vacation 'option'
The British Colonial Hilton yesterday confirmed it has given staff the “option” of taking two weeks’ vacation leave as it joins Atlantis in seeking to reduce labour costs amid the coronavirus pandemic. Pablo Casal, the downtown Nassau resort’s gener
Sky Bahamas bounces back with 'exceptionally good Christmas'
A LEADING domestic airline said that it is coming off an “exceptionally good Christmas” with load factors averaging as high as 85 per cent for the period, and its CEO reiterating calls for the government to rethink its decision to levy 15 per cent Value-Added Tax (VAT) on domestic air transportation.
Bahamas sees $900m boost from marine areas expansion
The Bahamas has generated a $900m annual economic boost by expanding its Marine Protected Areas (MPAs) to cover 20 percent of the country’s coastal environment, studies have estimated.
Financial services can give itself ‘pat on back’
FINANCIAL institutions should give themselves “a pat on the back” for slashing the time taken to “cure” regulatory deficiencies to just 11 months, the Central Bank’s top inspector said yesterday.
Small Business Agency in 20% operating expense cap
The proposed Small Business Development Agency (SMEDA) can only allocate 20 per cent of its funding to cover operational expenses, freeing “no less than $8 million” per year to assisting Bahamian entrepreneurs.
Water Corp needs 'topup' to $20m subsidies
By NEIL HARTNELL Tribune Business Editor The Water & Sewerage Corporation will "definitely need" an increase to the existing $20 million taxpayer subsidy allocated to it for the 2011-2012 fiscal year, its gene
$500M REVENUE RISE NO FISCAL GAP BRIDGE
By NEIL HARTNELL Tribune Business Editor The Government's annual fiscal deficit averaged more than $170 million during the 2002-2008 'economic boom' years despite an almost $500 million rise in revenues over that period, showing that reining in out-of-co
Tax crackdown: Govt hits 6,000 businesses, 5,000 property owners
The Government last night unveiled its promised crackdown on tax defaulters, promising to first pursue the largest, wealthiest delinquents - some 6,000 businesses and 5,000 high-end property owners.
PI resort proposal expands units 46%
The former Paradise Harbour Club’s proposed redevelopment is being expanded to a seven-storey hotel featuring a 46 percent increase in units compared to earlier plans.
Farewell to the Sun King, Sol Kerzner
FAMILY, friends and political figures paid tribute this weekend to hotel tycoon and Atlantis developer Sir Sol Kerzner, who died on Saturday at the age of 84.
Furlough ‘frustration’: Workers want finality
A union president yesterday warned that the 90-day extension to the COVID furlough period is “adding to the frustration” of long-suffering workers who want “finality” for their plight.
Patients are warned: Brace for VAT ‘shock’
Bahamian patients were yesterday warned to brace for “a shock even at the smallest levels” as the change in VAT’s treatment of medical insurance claims payouts will further fuel already-soaring medical costs.
VAT 'straw to break back' of food retail
Food prices would have increased by more than 7 per cent under a 15 per cent Value-Added Tax (VAT), with a sector body warning this tax in any form will be the “straw to break the back of our industry”.
AID at 85-90% of pre-fire sales
MAJOR construction on Automotive Industrial Distributors' (AID) new Wulff Road headquarters should be completed within eight months, the company's operations manager yesterday told Tribune Business that the company's sales had recovered to 85 to 90 per cent of pre-fire levels.
‘Game changer’ offsets new US travel warning
Tourism chiefs yesterday hailed the government’s plans to ease COVID testing for fully vaccinated visitors as a “game changer” that will “offset” the latest US warning against travel to The Bahamas.
