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$500m cruise port’s ‘strict preference’ for Bahamians
The US contractor managing landside construction for Carnival’s $500m Grand Bahama cruise port has pledged to give “strict preference” to Bahamians on all work that is put out to bid.
Culmer denounces political ads targeting Davis
FREE National Movement chairman Carl Culmer Sr has denounced political ads being shared on social media that paint Progressive Liberal Party leader Philip “Brave” Davis “in a less than favourable light.”
Eric Wiberg – PBM Mariner seaplane sinks near Royal Island
ON the night of Wednesday, July 19, 1944, at Royal Island, North Eleuthera, Lt (jg) HL Hayes crashed while landing in a turbulent sea. No injuries to the personnel occurred, but both wing floats were torn off the plane and the starboard wing tip bounced on the bottom and finally sank in 20 feet of water. The plane was damaged beyond repair and was later surveyed.
Gov't mulling VAT Tribunal expansion to cover all taxes
THE Government is mulling whether to expand the VAT Appeals Tribunal to cover all types of tax complaints, the Deputy Prime Minister pledging: “We don’t want to be unfair to anybody.”K P Turnquest, who is also minister of finance, told Tribune Busine
Izmirlian ally urges: Chinese must budge
A key Sarkis Izmirlian ally yesterday urged Baha Mar’s $2.45 billion lender to negotiate a resolution with the project’s principal, even though he is unlikely to make any further financial concessions himself to resolve the Baha Mar dispute.
Bahamas 'better positioned than Caribbean' over hotel investment
THE Bahamas is better-positioned than the rest of the Caribbean to attract inward investment and financing for resort development, a leading accountant yesterday telling Tribune Business projects such as Baha Mar's would be "a waste of time" without supporting infrastructure "capacity".
Shell, New Fortress battle for BPL deal
TWO liquefied natural gas (LNG) giants were yesterday said to be the front-runners for Bahamas Power & Light’s (BPL) generation contract, which has become “bogged down” in Cabinet.
Kai Jones and no.8 Texas top no.3 KU 84-59
NCAA Division I basketball opened conference play for most programmes and several Bahamian student athletes were back on the court with standout performances, highlighted by Kai Jones and an historic win for his Texas Longhorns.
Pensive about the global order
As the world is gripped by by Covid-19 pandemic, I find myself pensive about the global political, economic and social order.
Gov't oil regime 'unblocks logjam'
The Government’s plan to bring the new Petroleum Act and accompanying regulations to Parliament next month was yesterday hailed as the first step in “unblocking a logjam” to multi-million dollar oil exploration investments.
Bahamas leads region on 'convenience bribes'
The Bahamas leads the Latin American and Caribbean region for paying “bribes of convenience” to public officials so that “things are done more quickly or better”, it was revealed yesterday.Transparency International’s Global Corruption Barometer stud
Disney’s go-ahead in ‘$400m’ project: Lighthouse Point plan allows land for national park
THE government and Disney Island Development Ltd have signed a Heads of Agreement for the construction of a $250m to $400m cruise port and entertainment facility at Lighthouse Point, Eleuthera.
We need the taxes
Coco Cay RCL’S resort island ain’t cheap any more you gotta pay for everything…you think the Most Hon Dr Hubert Minnis knows?
Freedom of Information Bill does not fix flaws, says expert
THE draft Freedom of Information Bill does not eliminate the flaws inherent in previous legislation passed by the former Ingraham administration, an expert on right to information laws has said.
Top pro basketball players begin seasons on high note
SOME of the country’s top pro basketball players throughout the European, Asian and Middle Eastern circuit began their seasons on a high note.
Providence Basketball Classic heats up on day 2
The Providence Basketball Club moved into day two of its holiday tournament yesterday featuring 16 of the top senior boys’ basketball programmes throughout the island nation.Hosted at the DW Davis Gymnasium, the tournament continues at 1pm today.Aqui
Digicel: ‘We’ll cross union bridge when we reach it’
Digicel is unconcerned about trade union hostility towards its bid for the Bahamas’ second cellular licence, a senior executive telling Tribune Business: “We’ll cross that bridge when we come to it.”
Halkitis details revenue moves
STATE Minister for Finance Michael Halkitis yesterday outlined “key revenue measures” contained in the 2014/2015 budget.
Near-30% pt occupancy rise 'good for us, bad for Freeport'
A MAJOR Freeport hotel says its near-30 percentage point increase in annual occupancy rates is “good for us but bad for the destination”, which needs to be “made relevant again”.Magnus Alnebeck, Pelican Bay’s managing director, told Tribune Business
‘Don’t pull the rug from under’ $1m expansion
A Bahamian manufacturer, poised to double its workforce following a $1m expansion, yesterday urged the Government not to “pull the rug out from under us” with hasty tariff cuts that remove what little protection exists for local industries.
