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‘Be bold’: Infrastructure spend must hit 5% GDP
The government has been urged to “be bold” with reforms to kickstart post-COVID economic recovery that include more than doubling projected annual infrastructure spending to between $600m-$700m.
$1.5bn revenue target for Nassau landmarks
A Bahamian investor group believes it can generate $1.5bn in gross revenues during the 25 years in which it plans to transform key Nassau heritage sites into “world-class” landmarks.
Bahamas Waste shrugging off' squeeze' via 100% profit rise
Bahamas Waste yesterday expressed confidence it would generate a 100 per cent net income increase for the 2012 full year, despite experiencing a margin increase caused by key equipment costs more than doubling.
Renewables 'unexploited' via paltry $4.6m spend
The Bahamas was yesterday said to have left its abundant renewable energy resources “almost entirely unexploited to date”, with just $4.6 million invested in the sector over the past seven years.
Joanna Evans: The Tribune's Athlete of the Year
A DIVERSE group representing a wide cross section of sporting disciplines, the “committee” (of one) has narrowed the selection for the Tribune’s Junior Athlete of the Year to a star-studded list.
CORONAVIRUS: National Track and Field Championships postponed until further notice
AS a precautionary measure due to the threat of the coronavirus in the region, the Ministry of Youth, Sports and Culture postponed its National Track and Field Championships on Thursday until further notice.
Royal Caribbean home porting is ‘added boost’
Tour and excursion operators yesterday hailed Royal Caribbean Cruise Lines’ (RCCL) decision to home port a vessel in The Bahamas as an “added boost” to the economy.
AML bracing for 10-15% rise in freight costs
A BISX-listed food retail group yesterday warned it had budgeted for freight costs to increase by 10-15 per cent in 2012, telling Tribune Business it was also being held back by price controls that were "not needed in this day and age".
Unsolicited BTC ads
Grateful I am for allowing me this small space to make an inquiry into the unsolicited BTC ads, for certainly other customers/clients experiencing some of the same deluge of this company’s ads, and unsolicited at that.
Hotels face 'real challenge' filling 21% supervisory jobs
The hotel industry faces “a real challenge” in finding enough Bahamians to fill the 21 per cent of jobs accounted for by managerial positions, a senior hotel executive has warned.
Bahamas enjoys 20% ‘audience reach’ jump
THE Deputy Prime Minister yesterday said The Bahamas has enjoyed a 20 percent increase in “audience reach” as it increases advertising spending to counter saturation media coverage of its crime woes.
Freeport predicts more VAT ‘to-ing and fro-ing’
Freeport will continue to see “a lot of to-ing and fro-ing” over Value-Added Tax (VAT), a top private sector executive predicted yesterday, as all sides attempt to ensure the new tax conforms with the Hawksbill Creek Agreement.
IMF: VAT ‘on target’ to hit projections
The International Monetary Fund (IMF) last praised the Government’s Value-Added Tax (VAT) reform as “on course” to hit revenue targets, while urging it to implement “far-reaching reforms” at state-owned corporations.
Concern over margins on new breadbasket items
Supervalue’s owner says retailers will have to ‘wait and see’ what margins are allowed on the items to be added to the breadbasket list, noting if the low grocery margins are used for such perishable items it could force smaller retailers out of business.
GB residents to gain $3m energy windfall
Hard-pressed Grand Bahama residents will have a collective $3 million returned to them as a result of their energy provider’s revised tariff structure, Tribune Business was told yesterday.
AML targets $3.5-$4m in net income
AML Foods is targeting $3.5-$4 million in net income for its current financial year, its chief executive yesterday telling Tribune Business it was “confident” it could slash annual operating expenses by $1.5 million.
Bahamas learns destination for basketball championship
STILL a year away from competition, the Bahamas’ junior national team now knows its destination for the 2013 FIBA Americas U-16 Championship For Men.
Clubs & Societies June 23rd, 2023
After a three-year gap because of COVID-19, the 16th Summer Day Camp returns with daily sessions from 9am to 4pm, August 8-18.
Bahamas advances to Tournament of Americas
Sebastian Gray saved his best game for the finale of the Centrobasket Under-15 Championship for Men yesterday, leading the Bahamas to a third place finish to secure a berth in the Tournament of the Americas.
