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Robin Hood chief still eyeing $5-$8m eastern build-out
By NEIL HARTNELL Tribune Business Editor Robin Hood's president is eyeing a career move into real estate development via a further $5.5-$8 million build-out of the former retailer's Prince Charles Drive site, telling Tribune Business he had "five interes
Robin Hood chief still eyeing $5-$8m eastern build-out
By NEIL HARTNELL Tribune Business Editor Robin Hood's president is eyeing a career move into real estate development via a further $5.5-$8 million build-out of the former retailer's Prince Charles Drive site, telling Tribune Business he had "five interes
Robin Hood chief still eyeing $5-$8m eastern build-out
By NEIL HARTNELL Tribune Business Editor Robin Hood's president is eyeing a career move into real estate development via a further $5.5-$8 million build-out of the former retailer's Prince Charles Drive site, telling Tribune Business he had "five interes
Russell, Fountain get hard-fought victory
Russell, Fountain get hard-fought victory By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net THEY were taken to the limit, but Nikkita Fountain and Grand Bahamian Larikah Russell used their 10 year wealth of experience to pull off a hard f
Opposition doubles down on ‘fiscal jeopardy’ claim
THE Opposition’s finance spokesman yesterday doubled down on assertions that “the Government’s fiscal projec- tions are in jeopardy” and need to be adjusted in next month’s mid-year Budget.
NIB’s $240m loss at COVID’s peak
COVID-19 has left the National Insurance Board (NIB) facing an “uphill lift” to recovery after plunging the nation’s social security system into a $240m loss at the pandemic’s peak.
Govt 'on hook' for $50m Matthew VAT refund bill
The Government could be “on the hook” for a $50 million-plus Value-Added Tax (VAT) refund bill as a result of Hurricane Matthew insurance claims, an industry executive said yesterday.Anton Saunders, RoyalStar Assurance’s managing director, estimated
PHA merger ‘no magic wand’ for health efficiency
The Government cannot simply “wave a magic wand” and hope that merging the Public Hospitals Authority (PHA) with the Department of Public Health will cure all the public healthcare system’s woes, a well-known physician said yesterday.
Marinas eye 50% boater rise in '18
Bahamian marinas believe 2018 could produce a 50 percent year-over-year increase in visiting boaters as the country moves to generate further interest in this sector.“In 2018, the Ministry of Tourism and Aviation saw boating numbers double in some is
Govt pledges no more VAT hikes before election
The Government yesterday pledged there will be no further value-added tax (VAT) hikes before the next election, with the 12 percent rate deemed sufficient to achieve its revenue goals.
Ex-AG: ‘No cause to panic’ over 15% tax
An ex-attorney general yesterday reassured that The Bahamas has “no cause to panic” over the 15 percent global minimum corporate tax rate agreed by world’s powerful nations at the weekend.
Carnival’s GB port to double arrivals to 1m
Carnival’s Grand Bahama port will double the passengers it brings to the island to one million within three years of completion, economic forecasters have predicted, while boosting annual visitor spend by $68m.
Taylor Industries owners give ex-staff $150k boost
The Supreme Court has approved a transaction that will see Taylor Industries’ former owners make a $150,000 payment that could significantly boost recoveries for former staff of the insolvent retailer.
BTC targets 60% Internet ‘migration’
The Bahamas Telecommunications Company (BTC) is aiming to switch 60 percent of Internet customers to its new network technology by 2023 as it seeks to “reclaim the market leader mantle”.
Tourism targets 45,000 visitor reopening peak
A Cabinet minister yesterday predicted stopover visitor arrivals will hit a 45,000 post-COVID re-opening peak for March - albeit they remain up to 90 percent down on pre-pandemic levels.
BPL fuel hedge hits 30% savings target
A Cabinet minister says many consumers may not appreciate that Bahamas Power & Light's (BPL) fuel hedging strategy has already produced 30 percent savings on their total energy bill year-over-year.
Caribbean-US relations: Chance to merge might with right
EVENTS in Washington on January 20 were a welcome relief and release for the world.
Hield and Ayton set for All-Star Weekend
For the second time in as many years, the Bahamas will have a strong presence at NBA All-Star Weekend with both Buddy Hield and Deandre Ayton were selected to participate in the league’s midseason celebration.
Bahamas rejects IMF's $200m Dorian offering
The Bahamas will not be taking up the International Monetary Fund’s (IMF) offer of up to $200m in concessionary funding for Hurricane Dorian recovery, the deputy prime minister confirmed last night.K Peter Turnquest told Tribune Business via a messag
