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'Buddy' Hield likes the make up of his Kings

WITH so much wheeling and dealing that went down during the free agency period in the National Basketball Association, shooting guard Chavano ‘Buddy’ Hield likes the make up of the Sacramento Kings as they prepare for the 2019/20 regular season. “Ga

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New construction model eyes 40% build time cut

A prominent businessman yesterday said his “$1m-plus” new construction venture is aiming to “double sales within a couple of years” once its pre-engineered model takes off.

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DIANE PHILLIPS: Never underestimate the Power of One

Long before he became the latest iteration of superhuman James Bond 007, actor Daniel Craig debuted in an often overlooked movie called The Power of One.

Bahamas must benefit in WTO sector openings

The Bahamas will only open up industries to foreign competitors under the WTO if doing so generates “real economic opportunities” for this nation, its chief negotiator asserted yesterday.

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Insurer shakes-off ‘three-year hangover’ on 22% claims fall

A Bahamian insurer has begun to shake-off its “three-year hangover” from Hurricane Matthew after 2018 claims came in 22 percent below its own projections.

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Assistance for 60 single mothers in Grand Bahama

SIXTY single mothers in Grand Bahama received much needed assistance this week thanks to the Bahamas Feeding Network (BFN) with the support of AML Foods Ltd.

Realtor urges revival of ‘Economic Citizenship’

A prominent realtor has urged the Bahamas to again consider implementing an ‘Investor Citizenship’ programme, arguing that it will be “really beneficial” to the economy and local jobs.

Bahamas First in ‘exclusive’ Cayman patient refer deal

Bahamas First’s chief executive yesterday said it “definitely has no intention” of entering the local health insurance market, despite a subsidiary obtaining ‘exclusive rights’ to refer Bahamian patients to a Cayman hospital.

ART OF GRAPHIX: Cast your net far and wide online

Yes, your business really does need a website. There are not many companies that can survive without an Internet presence. Your firm’s website can be a highly effective marketing tool, and very cost-efficient, meaning there are numerous benefits and little downside. There are also many things you can do with your website, as shown below.

Governor: S&P move no devaluation threat

The Central Bank’s governor yesterday reassured Bahamians that their dollar is at no risk of devaluation because of Standard & Poor’s (S&P) decision to downgrade this nation to ‘junk’ status.

Realtors: Bahamas near top of ‘economic hump’

Realtors yesterday predicted the Bahamas’ downgrade to ‘junk’ status will not impact the foreign second home market, amid “one of the busiest starts to the winter season for a long time”.

‘The tourism dilemma’: GB has less tourists than 1977

The Minister of Tourism yesterday blamed his predecessor for “locking up” precious marketing dollars, as data revealed that Grand Bahama attracted MORE stopover visitors 40 years ago.

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FNM: ‘Why BPL $184m debt not paid down by fuel hikes?’

The FNM’s finance chief yesterday said he is in the dark over why the proceeds from hiking Bahamas Power & Light’s (BPL) fuel charge by up to 163 percent have seemingly not been used to cut its $184m debt.

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'LOT OF ABUSE' IN WELFARE SYSTEM

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas' social security system has been subjected to "a lot of abuse", the minister responsible has admitted, acknowledging that welfare assistance was not always being given t

BEC profit margins 'wiped out' in 2010

The Bahamas Electricity Corporation’s (BEC) profit margins had been wiped out as far back as 2010, the Inter-American Development Bank (IDB) has revealed.

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'Exponential growth' via new fund product

The Bahamas could soon enjoy “exponential growth” in its investment funds industry via a new product “married to the SMART Fund”, a Cabinet Minister said yesterday.

Moody's: Budget 'hit right notes'

The Government’s 2013-2014 Budget “hit a lot of the right notes” for one Wall Street analyst, who yesterday told Tribune Business the plans should prevent the Bahamas’ debt metrics “spiralling out of control”.

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Aircraft registry opening 'won't last very long'

The Bahamas’ window of opportunity to establish a competitive international aircraft registry “won’t remain open very long”, a local attorney warned yesterday, as rival international business centres continue to get a head start on this nation.

Minister: Social workers are the key to change

FREEPORT – Motivating social workers is the first step in fighting the increase in poverty, Minister of Social Services and Community Development Melanie Griffin said.

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Sports in brief

THE Champion Amateur Boxing Club completed the Island Sound Solutions amateur boxing show at the Wulff Road Boxing Square on Saturday night.