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D’Aguilar: Govt won’t move on web shop tax

IN the face of backlash over the government’s proposed tax increase on web shop operators, Tourism Minister Dionisio D’Aguilar said the new taxation sliding scale for number houses is “set in stone”.

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Revealed - film of cop shooting dogs

VIDEO footage has emerged of a law enforcement officer shooting a dog at point-blank range during what appears to be a home raid.

Businesses held hostage for unemployed

AT A time when local business owners need all the encouragement they can get to expand and create jobs, Immigration has announced a clampdown on work permits with its minister admitting that the department is so behind the times in both staff and equipment that it is unable to meet the needs of the business community.

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History of Shell Saxons Superstars told in new book

UNTOLD stories of the Shell Saxons Superstars Junkanoo group are brought to life in a new book by Junkanoo legend Dr Emmanuel Francis.

Things to do

CHRISTMAS has come and gone, but party promoters are still making plans to keep Bahamians entertained by preparing exciting New Year’s Eve parties. This Tuesday, most countries around the world will celebrate the coming of the New Year. Whether it is at a family gathering, a watch night church service, dinner and dancing or a special festival, millions of people will be out on the town. Below, The Tribune gathered a list of Things To Do to bring in the New Year in the Bahamas.

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GDP boost from raising Bahamas' 60% net access

GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said

Bahamas Sailing Association to host summer sailing camp

THE Bahamas Sailing Association has been running its summer sailing school out of the Nassau Yacht Club since 2005.

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$110m collected in VAT in first three months

THE government has collected $110m in value added tax payments during the first three months of the year, Prime Minister Perry Christie told the House of Assembly yesterday.

North Andros Power plant repairs cost $600k, as restoration continues

WORKS and Utilities Minister Alfred Sears said the cost of restoring power to North Andros after last week’s catastrophic fire at Bahamas Power & Light’s Nicholl’s Town plant is about $600k.

Matthew gives Bahamas $300m reinsurance boost

The Bahamas Insurance Association’s (BIA) chairman has estimated that this nation will benefit from a $300 million foreign currency inflow from reinsurers as a result of Hurricane Matthew.

The FNM and our money

Debate on Supplementary Budget through May, 2022… yet again input of so many of the MPs, clearly shows their personal lack of information and facts and really reality.

Atlantis condo tower does $20m in six months

Paradise Island’s 497-unit condo complex, the Reef, is providing evidence of a real estate market revival through $20 million worth of sales within six months.

Ya hear?

• Ya hear R&B singer Chris Brown released from prison? According to reports, the “Loyal” singer was released from a Los Angeles County jail on Monday.

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Exchange rate was 'never in jeopardy'

The Bahamas’ $838 million foreign currency reserves “are in line” with both their internationally-recognised adequacy benchmarks, the Central Bank of the Bahamas governor yesterday saying the one:one US dollar peg was “never in jeopardy” over the past decade.

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New Fresh Market 'beats' predecessor's first day sales

AML Foods yesterday said its new Solomon’s Fresh Market store at Harbour Bay exceeded the first day sales achieved by its western New Providence counterpart, its chief executive anticipating that a further five-10 staff will need to be hired.

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Shockers get 87-74 win over Giants

WILLIAM ‘JR’ Rigby, in another Most Valuable Player performance, pumped in a game high 42 points to lead the Real Deal Shockers to a 87-74 victory over the Commonwealth Bank Giants.

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GB power lays-off 19 over steam phase-out

Grand Bahama Power Company yesterday made 19 staff redundant as part of a restructuring designed to “retire” its steam generation plant, a senior executive telling Tribune Business the engines at its new $80 million power plant were up to four times’ more efficient.

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Dorian damages bill soars to $3.4 billion

THE cost of Hurricane Dorian’s impact on the Bahamas is $3.4bn, more than a quarter of the country’s GDP, according to the Inter-American Development Bank.

McCoy, Bastian lead teams to wins in NCAA Div. II basketball

MALACHI McCoy and Lathaniel Bastian led their teams to key conference wins and Jonathan McFall returned to the floor to highlight play from Bahamians in NCAA Division II basketball.