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More stimulus to come amid 30% jobless rate fear

The government has not used all the economic stimulus tools available to it, the deputy prime minister revealed last night, having kept some in reserve in case the COVID-19 pandemic is “prolonged”. K Peter Turnquest, pictured , in a messaged reply t

Marinas lose 'through roof' bookings to virus

The COVID-19 crisis was yesterday said to have cost Bahamian marinas what was shaping up to be “the best season ever” with bookings that were “through the roof” as recently as early March.

Gas station dealers eye 45-50% margin growth

Petroleum dealers want “at least a 45-50 percent” margin increase if gas stations are to remain open once the COVID-19 pandemic has come to an end. Vasco Bastian, the Esso station owner at East Street and Soldier Road, told Tribune Business : “We st

BOB: $80m in deposits lost if it collapsed

Just one-third of insurance-eligible Bank of The Bahamas (BOB) deposits would have been covered if the troubled BISX-listed institution had collapsed, the IMF revealed last night. The International Monetary Fund (IMF), which released both its Articl

Consumers 'pay the price' for supporting agriculture

The Government has been urged to step back from direct involvement in the agriculture sector amid a “disconnection” between policy goals and budget spending allocations.A newly-published Inter-American Development Bank (IDB) analysis of Bahamian agri

China won't replace our 'bread and butter'

The Bahamas “cannot ignore” China’s fast-growing tourism market even though the US will “always be our bread and butter”, the Minister of Tourism argued yesterday.Dionisio D’Aguilar, who has just returned from leading a joint industry-government dele

DeMarco and Bahamas earn 63-57 win over Red Raiders

Chris DeMarco got the first victory under his belt with the men’s national basketball team by pulling off a 63-57 decision over the Texas Tech Red Raiders at the Kendal Isaacs Gymnasium last night.

Plastics ban: Transition period to help business

THE six-month transition period for businesses to sell off prohibited single-use plastic bags represents efforts to provide relief to businesses who have made significant financial commitments, according to Ministry of Environment officials.In an int

Buddy Hield: 'I want to continue to wear No.24 as a tribute' to Kobe

SEVERAL players have opted to change their jersey number from No.8 or No.24 to honour Kobe Bryant, but Buddy Hield has chosen to continue to wear No.24 as a tribune to the late NBA icon. Hield said that continuing to wear the number and compete at t

POLICE ADVICE: Talk to your children about online dangers

SOCIAL media sites such as, Facebook, twitter, instagram, snapchat, and whatsapp increases communication, access to information and help in developing a sense of self, however, the thoughts of what your child might come across online can be worrying. Here is internet safety advice to make sure going online is a positive experience for you and your child.

Ex-judge and QC fight over who should be paid costs

An ex-Supreme Court judge and top QC are battling over who is entitled to receive $114,793 in costs awarded with Western Air’s successful $1.5m claim against the Airport Authority.

Betting shops new levy scrapped

ECONOMIC Affairs Minister Michael Halkitis said the government will do away with a patron tax on lottery winnings, although the levy was never implemented on gaming houses.

BPL $535m bond ‘too late out gate’

The Minnis administration was “too late getting out the gate” on Bahamas Power & Light’s (BPL) mammoth $535m refinancing, an ex-union president said yesterday.

No ‘substance’ to private wealth fear

Private wealth management structures “ought not to” be impacted by The Bahamas’ physical presence response to global anti-tax evasion initiatives, the deputy prime minister said yesterday.

Chamber chief: ‘We can’t settle for 2.1% GDP rise’

The Bahamas must “challenge itself” to achieve higher GDP growth rates than the 2.1 percent expansion projected for 2019, the Chamber of Commerce’s chief executive has urged.

Armbrister emerges victorious

Donte Armbrister will cherish his first appearance in the main draw of the Giorgio Baldacci National Open Tennis Tournament. Despite the controversy surrounding his seeding, he was unfazed as he emerged with his first senior title.

Jaguars, Cobras off to fast start

LAST year’s runners-up St George’s Jaguars and the defending GSSSA champions CC Sweeting Cobras are off to a fast start in the 2019 Providence Holiday Classic High School Basketball Tournament.

Pinder’s Brokerage to run Komen race in company matriarch’s honour

It’s been just a little over two months since Helen Pinder, the matriarch of Pinder’s Customs Brokerage Ltd, lost her battle with breast cancer. Now, more than half of the staff at her company, along with their family members, will take part in a local cancer run this month in her memory – continuing a tradition she started five years ago.

Bran: Get 'right Atlantis buyer'

The Democratic National Alliance’s (DNA) ex-leader yesterday urged the government to use its influence to ensure “the right buyer” is found for Paradise Island’s Atlantis resort. While acknowledging that the Minnis administration cannot interfere in

Atlantis buyer must give workers 'piece of the pie'

The hotel union’s president yesterday called on any a new Atlantis owner to ensure employees “get a piece of the pie”, while voicing optimism that it would “bring stability to the property”.Expressing “no major concerns” over Brookfield Asset Managem

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