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BRISTOL PREMIER'S 'BEST OF THE BEST'

By NEIL HARTNELL Tribune Business Editor Bristol Wine and Spirits is aiming to showcase "the best of the best" in its wine and spirits portfolio through next week's 'soft opening' of its one-acre Premier Cru venue on Gladstone Road, its president yesterd

'No sense' in new Govt's redundancy cap increase

Private sector executives yesterday warned that the Minnis administration’s plans to increase the 12-month redundancy pay ‘cap’ would further endanger an economy already “in deep trouble”.Peter Goudie, an employment and labour relations specialist wi

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‘I want us in best COVID categories’

A fully vaccinated Bahamas is the only way to fully revive tourism and achieve a Cabinet minister’s goal of “always being in the best category” for COVID-19 travel advisories.

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Gov't releasing $45m for extended COVID support

The deputy prime minister last night confirmed the Government will allocate $45m to the continuation of its COVID-19 support initiatives after the move was approved by the Minnis Cabinet.

Irma exposes ‘dire need to put our house in order’

Hurricane Irma has reinforced “the dire need” for the Bahamas to put “its fiscal and economic house in order” before a similar storm strikes, a governance reformer warned yesterday.

Bahamas in world’s eighth largest electric car sale rise

The Bahamas was yesterday said to have exceeded last year’s electric vehicle sales in the first nine months of 2021, having produced the world’s eighth largest year-over-year increase during COVID-19’s peak.

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Eight migrants released from Detention Centre

EIGHT detainees who were held at the Carmichael Road Detention Centre without charge were released on Friday.

FOCOL energy JV eyes 'over $100m' savings

FOCOL Holdings and its international partners yesterday pledged to save the Bahamas “in excess of $100 million per annum”

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Two bodies found as official toll reaches 69

POLICE in Abaco have recovered two bodies in the Mudd, bringing the official death toll from Hurricane Dorian to 69. In a statement, the National Emergency Management Agency (NEMA) said one body was found on November 8 and the other on November 14.

Top broker: 'I'm not looking to rule world'

A leading insurance broker is targeting a 5 per cent market share for his start-up in the medium term, telling Tribune Business: “I’m not looking to take over the world.”

PM 'elated' over 75% Our Lucaya occupancy level

By NEIL HARTNELL Tribune Business Editor The Prime Minister said he was "elated" upon learning that Our Lucaya's current occupancy levels were at 75 per cent, adding that an owner other than Hutchison Whampoa would likely have closed the Freeport resort.

Vacation rental VAT not in 18-19 budget

The government’s plans to levy value-added tax (VAT) on vacation rentals will be introduced by legislation after the current budget cycle, the minister of tourism has revealed.Dionisio D’Aguilar told Tribune Business: “The government is considering l

Stem cell pioneer: Just 3% of claims accepted

Less than 3 percent of $16.5m in creditor claims against a Freeport business, once hailed for pioneering The Bahamas’ entry into the stem cell therapy industry, had been accepted as at end-May 2022.

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‘Cannot stop the economy again’

Bahamian businessmen yesterday voiced relief that the prime minister did not unveil a COVID-19 lockdown or further restrictions in his Wednesday night address, asserting: “You cannot stop the economy again.”

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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.

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BPL targets fall 2021 for rental generation end

Bahamas Power & Light (BPL) last night confirmed it aims to end its reliance on rental generation by fall 2021 in a move that would save long-suffering consumers $2m-plus per month.

Marketing stretches beyond advertising

My first real taste of what I thought was marketing was based on running some advertisements in Black Belt magazine back in 1994.

Atlantis Crown Invitational starts tonight

THIS year has been filled with milestones for the sport of gymnastics and now another approaches as the country prepares to host the largest gymnastics competition in the Caribbean.

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CARIFTA: 80-member track and field team ratified

WHEN the 26 visiting countries, led by perennial champions Jamaica, come to town over the Easter holiday weekend for the 2018 Flow CARIFTA Games, they will find a 80-member Bahamian track and field team waiting for them at the Thomas A Robinson National Stadium.

FNM deputy: ‘Is Gov’t interfering with Baha Mar liquidators work?’

The Opposition’s deputy leader has questioned whether Prime Minister Perry Christie’s interventions with Baha Mar’s Chinese partners are “tantamount to interfering” with the responsibilities of the project’s joint provisional liquidators.