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Spurs boost Champs League hopes by beating Swansea
LONDON (AP) -- Tottenham beat Swansea 3-1 Sunday to close within goal difference of Arsenal for third place in the English Premier League. Tottenham's win also helped it keep Chelsea and Newcastle at arm's length in the race to finish in the Champions Leag
11.2% stopover growth 'third highest ever'
THE 11.2 per cent air arrivals growth rate achieved by the Bahamian tourism industry during the 2012 first quarter "is the third best on record", the minister of tourism and aviation said yesterday, revealing that he was working on plans to "eke out more business" in the traditionally slow September/October period.
Spurs boost Champs League hopes by beating Swansea
LONDON (AP) -- Tottenham beat Swansea 3-1 Sunday to close within goal difference of Arsenal for third place in the English Premier League. Tottenham's win also helped it keep Chelsea and Newcastle at arm's length in the race to finish in the Champions Leag
PRIVATISATION CAN 'HOLD BAHAMAS TO RANSOM'
By NEIL HARTNELL Tribune Business Editor A leading activist yesterday urged the Government not to privatise the energy and water industries on the grounds that foreign buyers could "hold the Bahamas to ransom", adding that this nation had "not begun to s
No ‘rush of blood’ on corporate income tax
The Bahamas was yesterday urged “not to have a rush of blood” in moving too swiftly on corporate income tax as the Government inches towards issuing a ‘white paper’ on the subject.
Unions: BTC owner ‘exporting all value’
The Bahamas Telecommunications Company’s (BTC) two trade unions yesterday voiced fears the carrier will become “a shell company” as they accused its majority owners of “exporting” all its value.
Fund manager to be ‘little more defensive’
A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.
Bahamas blanks Barbados 5-0 to win IC opener
THE Bahamas, in its bid to improve on his runner-up position last year, blanked Barbados 5-0 to win their opening match in the Bahamas IC International Doubles Week on Majority Rule Day.
Loretta: PM failed to deliver on Pointe Heads of Agreement
The Opposition’s House of Assembly leader yesterday said Prime Minister Perry Christie had failed to deliver on his promise to table The Pointe’s Heads of Agreement on Monday.
Water Corp’s $159m subsidy driven from 2/3 ‘cost recovery’
The Water & Sewerage Corporation’s revenues cover just two-thirds of its operating expenses because its prices have not been increased for 18 years, costing Bahamian taxpayers $159 million over a five-year period.
PLP chair branded ‘delusional’ as debt ratio soars to 78%
Bradley Roberts was yesterday branded “delusional” for asserting that the Christie administration had “rescued the Bahamas from the brink of the fiscal cliff”, after it emerged that this nation’s debt-to-GDP ratio ended 2016 at 78 per cent.
WORLD VIEW – For a change: Welcome World Bank advice
ATTENDING a World Bank meeting on April 16, I was shocked to hear a senior official of the organisation say that, in addressing fiscal deficits, Latin American and Caribbean (LAC) countries should not make “shock adjustments”.
D’Aguilar company made false declarations in 2014 case
SUPERWASH Limited, the company owned by Free National Movement candidate for Free Town Dionisio D’Aguilar, submitted three false declarations to the Bahamas Customs Department in 2014 which would have cost the government more than $35,000 in unpaid duty, according to documents obtained by The Tribune.
Bahamas ‘exception’ to region’s tourism growth
The Bahamas has been branded “the notable exception” to the Caribbean’s tourism growth over the past two decades by an IMF paper, which found this nation is not among those most vulnerable to Cuba’s US opening-up.
Chamber blasts ‘unfair’ sugary drinks NHI tax
The Government’s plan to part-finance National Health Insurance (NHI) by singling out “sugary drinks” was yesterday blasted as “unfair”, amid calls for such “sin taxes” to be more widely based.
NAD's $125m debt refinance a 'win-win'
Nassau’s airport operator is exploring a $125-$130m debt refinancing that could produce “a win-win for everybody”, a Cabinet minister revealed yesterday.Dionisio D’Aguilar, minister of tourism and aviation, told Tribune Business that the move was des
Govt mulling $1m investment floor for permanent residency
The government is eyeing a $1m minimum for investors to qualify for economic permanent residency by making non-real estate investments in The Bahamas, a Cabinet minister revealed last night.
Hurricane Hole developer's new $352m project
Hurricane Hole developer’s has received initial approval for a $352.2m development on Matt Lowe’s Cay that promises a desperately-needed boost for Abaco’s Dorian-ravaged economy, it was revealed yesterday. Dr Hubert Minnis, in his contribution to th
McLean and Cougars reach 1st Final Four since 1984
He didn’t get to do it as a player, but now Mikhail McLean will get to experience what it’s like to be in the National Collegiate Athletic Association (NCAA) Men’s Division One Basketball Final Four.
Bahamas needing ‘small miracle’ to avoid austerity
A former finance minister yesterday warned that Bahamians must hope “a small miracle happens” if the country is to avoid harsh post-COVID austerity measures and low growth in coming years.
