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Obama issues Bahamas drug warning
PRESIDENT Obama has issued a list of nations contributing to drug production or transit - and named The Bahamas as one of those considered a major part in the drug trade.
Auto dealers strike 10% 'convert' return
Auto dealers yesterday expressed optimism that they would double their monthly sales average in April as a result of the recent Car Show, with some having already hit their 10 per cent ‘conversion’ return rate.
Seven more die from COVID
MINISTRY of Health and Wellness officials have reported seven more COVID-19 related deaths, pushing the nation’s death toll to 830.
Big Red Machine takes BAISS Track and Field title
The St. Augustine’s College Big Red Machine regained the Bahamas Association of Independent Secondary Schools‘ Track and Field Championships in come from behind fashion to claim the 27th meet title in the school’s history.
$28m collected in the first month of VAT
THE government has collected nearly $28m in value added tax since the January 1 implementation date, according to Minister of State for Finance Michael Halkitis.
Gov’t: Inflation did not drive VAT revenue rise
Record inflation generated less than $10m of the VAT revenue increase in the first six months after the rate cut, the Ministry of Finance asserted last night, with the 2021-2022 deficit slashed by 48.4 percent year-over-year.
Doctors chief labels $89m public health gap 'a bombshell'
THE Medical Association of the Bahamas’ (MAB) president has described revelations of an $89 million public healthcare funding shortage as “a bombshell”, and “warranting extreme concern”.Dr Sy Pierre told Tribune Business that the problems laid out by
31st 'Catch Me If You Can' Regatta in Montagu Bay this weekend
THE stage is set for the biggest local regatta to take place on New Providence as the 31st Catch Me If You Can St Valentine’s Day Massacre is staged in Montagu Bay this weekend.“I thank God for allowing me to see another year, 2018, to host the St Va
Devynne helps lead the Boilermakers to second place
DEVYNNE Charlton turned in another big performance over the weekend as she helped to lead the Purdue University Boilermakers women’s track team to a second place finish at the Big Ten Conference Championships in Geneva, Ohio, where she turned in three personal best times, two school records, a facility record and a Bahamian national record.
‘Distress’ as private emails revealed by Fitzgerald
SAVE The Bays Director Joseph Darville has said in a newly filed Supreme Court affidavit that the recent public disclosure of STB members’ personal emails by a member of Parliament is “extremely distressing” as it was an invasion of privacy that has left all involved feeling violated.
Penalty for small amount of cannabis higher than other Caribbean countries
THE penalty for having a small amount of cannabis in The Bahamas would be higher than most countries in the Caribbean that have decriminalised the drug if the Davis administration’s proposed legislation becomes law.
PAHO: Be vigilant over monkeypox
THE Pan American Health Organisation (PAHO) has urged countries in the region to remain vigilant in light of monkeypox being declared a global health emergency.
HOW WE GOT INTO THIS MESS TO START WITH
THERE’S a story doing the rounds that bears repeating. The location is a small town somewhere.
Bahamas beats exchange rate pressure average
The Bahamas’ fixed exchange rate has exceeded the average for small island states by coming under pressure three times’ between 1999-2010, an International Monetary Fund (IMF) paper has revealed, with its foreign reserves covering only 60 per cent of a new benchmark its authors have developed.
FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION
By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop
FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION
By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop
FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION
By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop
Govt 'will not rest' until Grand Lucaya solution achieved
The Government yesterday said it was seeking “the best redevelopment deal” possible for the Grand Lucayan resort and associated amenities, promising it “will not rest” until this is achieved.Senator Kwasi Thompson, minister of state for Grand Bahama,
Bahamas ‘can’t get away without VAT’
The Bahamas “couldn’t get away without” implementing Value-Added Tax (VAT), a prominent governance reform campaigner argued yesterday, because the national debt and annual deficits were simply “too high”.
PMH forced to restrict services as cases surge
PRINCESS Margaret Hospital has suspended all elective surgeries and only emergency cases are being allowed in response to an influx of COVID-19 cases in recent weeks.
