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‘Stagnant’: Fears for auto sales until 2023
Auto dealers fear new car sales will be “stagnant” for at least another year with global supply chain disruption causing order backlogs of up to 200 vehicles for some operators.
Marinas seek charter clarity amid fear of 20% increase
Bahamian marinas are seeking clarity on whether the 10 percent VAT on foreign yacht charter contracts will be levied on pre-existing deals come July 1 amid fears this will be “a tough pill to swallow”.
COVID rebound uneven for Family Island resorts
Family Island resorts have recovered to 80 percent of pre-COVID business volumes, a senior tourism official has revealed, but the rebound remains uneven because of airlift woes impacting some locations.
Bust or deflated
ActivTrades
ACCORDING to experts, the cryptocurrency Bitcoin is entering its lowest and darkest market phase. The price of Bitcoin fell to its lowest level since December 2020 on Wednesday, and even hit $20,000 for a short time. The oldest digital currency was trading at around $20,500 on Friday, June 17.
DEREK SMITH: ‘Box checking’ no security guarantee
A new era of technology-based businesses has begun. Technology is used for every aspect of business, from accepting client instructions electronically to processing credit cards, accepting wire transfers and storing employee and customer information. Simply put: Any business requirement can be met with technology.
‘Options limited’ over relief for gas dealers
The Ministry of Finance’s top official yesterday said the Government’s “options are limited” in providing the relief sought by petroleum retailers struggling with gross margins of 10 percent or less.
35 years of sorority in Grand Bahama
THE Pi Upsilon Omega Chapter of Alpha Kappa Alpha Sorority, Incorporated, has celebrated 35 years of sisterhood, scholarship, and service on Grand Bahama.
FIFA U-15 CentroBasket: Two defeats for Bahamas
THE Bahamas’ team at the FIFA Under-15 CentroBasket Championships got a rude awakening in the first two games they played over the weekend at the Fernando ‘Rube’ Hernandez Coliseo in Gurabo, Puerto Rico.
Freedom Farm dominates Andre Rodgers Nationals
THE Bahamas Baseball Association returned to play in its marquee event for local youth baseball, the Andre Rodgers National Championships.
Bahamas must get youth for ‘leg up’ on Caribbean
The Bahamas was yesterday urged to start a youth movement so it can grow - for “generations to come” - a flats fishing industry likely to have expanded far beyond its $141m economic impact in 2010.
Davis claims jobless rate now below 20%
PRIME Minister Phillip “Brave” Davis said yesterday the country’s unemployment rate is now below 20 percent, a major decrease from that of the pandemic, which he estimated at around 45 per cent.
Gangland wars and taking it to courts
ACTING Commissioner Clayton Fernander says officials are working to build strong cases to present to the courts to successfully try crimes committed by gang members.
Moss and Bannister team up again in ACL
FOR the second time in their young minor league careers, Texas Rangers prospects Zion Bannister and Keithron Moss are taking the field together with the same club.
‘Drips’ Poitier gets new coaching job
AFTER a brief hiatus to coach at the high school and club level while improving on his golf game, former Bahamian national coach Edrick ‘Drips’ Poitier has returned to coaching at the collegiate level.
STATESIDE: Centre stage or a sideshow which is going to change nothing?
WERE you watching last week when the US House of Representatives January 6 select committee held the first of its several planned TV expositions of what they have found in the 18 months since a mob attacked the US capitol building and threatened to overrun the US Congress?
DPM aims to ‘double’ stopovers in 3 years
The Bahamas is aiming to “double” stopover visitor numbers within the next three years as it bids to reverse its “shrinking” share of the Caribbean visitor market, the deputy prime minister revealed yesterday.
Lion King show this weekend
BAHAMIAN choreographer Georgia Storr-Taylor has taken her live theatre productions to the next level with multi-media projection screen backdrops, sounds, and a live choir to enhance the audience’s experience.
Colts’ Mike Strachan looks ahead to second season
HEADED into his second season with the Indianapolis Colts, Mike Strachan said his mindset is to continue his progression up the organisation’s depth chart.
Brewery succeeds in $1.2m tax challenge
Commonwealth Brewery has revealed it successfully challenged a $1.156m tax demand by the Government and is now awaiting its response to the arbitration ruling.
Disabled crane operators lose Weather Dept tornado claims
Three former Freeport Container Port operators have lost their bid to claim damages from the Government over disabilities and “extensive psychological trauma” resulting from the March 2010 tornado that devastated the firm’s operation.
