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$250m Hurricane Hole project to 'go vertical' by January 2019
A BAHAMIAN developer yesterday said it plans to “go vertical” on its $250 million Hurricane Hole redevelopment within 12 months, after completing the property’s purchase from Atlantis’s owner.Bill Green, president of Sterling Global Financial’s devel
Tourism in ‘huge win’ on COVID test ease
Bahamian tourism was yesterday said to have secured “a huge win” after millions of dollars in visitor bookings were rescued by the Government suspending tougher COVID testing measures.
Carnival cost nearly $10m
FOUR months after Bahamas Junkanoo Carnival, officials from the Bahamas National Festival Commission have finally released key financial details surrounding the event, revealing the total cost was $9.8m with a government subsidy of $8.1m.
Auto dealers fear 40% sales slump from VAT
Bahamian auto dealers fear Value-Added Tax’s (VAT) implementation will cause the sector to follow its Caribbean counterparts into a 30-40 per cent sales decline, with one arguing that the proposed tax was “not the right fit for our economy”.
Seven-fold jump in Benchmark’s debt to clients no alarm
A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.
It’s time to earn spot for Carifta
IT will come down to who show up and perform this weekend to determine who will make the team to represent The Bahamas at the 48th Carifta Games, scheduled for the Easter holiday weekend in the Cayman Islands.
So far, about 12 athletes qualified for CARIFTA Games
SO far, about 12 athletes have attained the qualifying standard for this year’s CARIFTA Games, scheduled for the Easter holiday weekend in Hamilton, Bermuda.Out of that number, nine have attained the standard in field events, four of whom are members
NAUGHTY'S NFL PICKS: Working with the ‘short and sweet formula’ in Week 3
HERE we go, week three in the NFL and after a 12-4 week it seems I’m rounding into form.
Top performers stand out
PROLEINE Pierre, Jodie Miller, Amber Forbes, Joerjette Williams, Scharann Cash, Bradley Dormeus, Cliff Resias and Janeko Cartwright were among the top performers in their respective events on the track as the Government Secondary Schools Sports Association kicked off day one of its Senior High Track and Field Championships.
Ayton and the Suns end skid with 115-111 win over Buddy and Kings
PHOENIX (AP) — Kelly Oubre Jr matched his career high with 26 points, including a one-handed rebound jam with 11.1 seconds to play, and the Phoenix Suns snapped a six-game losing streak, rallying from a 21-point deficit to beat the turnover-prone Sacramento Kings 115-111 last night.
NWTBA World Championship 'Baseball in Paradise'
THE Bahamas again played host to top international junior baseball talent as local entities teamed with the National Wood Bat Travel Ball Association to host the NWTBA World Championship “Baseball in Paradise.”
Clubs and Societies 10/23/2015
Cycling Club Bahamas. - Upcoming events:
Cable gains 16,600 US clients post-deal
Cable Bahamas’ US business has added 16,600 new residential customers in the two years post-acquisition, and will provide the BISX-listed provider with combined revenue growth of more than 20 per cent over the next five years.
Brewery offers $20m expansion for tax cut
The Bahamian Brewery & Beverage Company is seeking a reduction in export tax rates in return for a further $15-$20 million expansion that will create 60-70 additional jobs.
Cybot Queens roll over Lady Truckers to even series 1-1
THE Super Value Cybot Queens blew out the Johnson Lady Truckers to even the New Providence Women’s Basketball Association best-of-3 series at 1-1.
Auto dealer in 20-25% pre-VAT sales increase
A Bahamian auto dealer said yesterday that it had seen a 20-25 per cent “ramp-up” in sales from a pre-Value-Added Tax (VAT) rush, describing it as the “feast before the famine” in anticipation of a slow down for the 2015 first half.
FNM deputy questions Mortgage Relief ‘sense’
The Christie administration’s revised Mortgage Relief Plan does not make much sense “on the face of it”, according to the Opposition’s finance spokesman, who questioned what return the Government would get for its $20 million ‘investment’.
New construction permits off 20% due to commercial drop
The value of new construction permits issued in the 2022 third quarter fell by almost 20 percent year-over-year due to a significant drop-off in new commercial projects, it was disclosed yesterday.
Blowing the whistle on PM Davis?
I took note of a September 20 article on the front page of The Nassau Guardian concerning allegations made by the Free National Movement party that the Davis administration is currently facing a cash crunch crisis. The Nassau Guardian was careful to add that the official opposition offered no proof to substantiate its explosive claims. Prime Minister Philip Brave Davis is the substantive minister of finance. Prominent Progressive Liberal Party supporter Simon Wilson is the financial secretary in the Ministry of Finance -- a post I believe is really a de facto state ministerial position without the said title. Wilson, for all intents and purposes, is a technocrat who, I believe, is running the show in Finance.
Lamar Taylor wins bronze in 50 free
20-year-old swimmer breaks his own national record in the process
National record holder Lamar Taylor brought home the first medal for The Bahamas yesterday at the 19th Pan American Games in Santiago, Chile.
