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Bahamas provider: 'Timing 100% right' for Swiss office

A BAHAMAS-based financial services provider that supervises $1.5 billion in client assets yesterday said "the timing is 100 per cent right" to open its new Switzerland office, and urged other local institutions to "seriously consider" expanding into their target markets.

Nassau/PI resort room revenues decline 7.4%

The Bahamian economy remained “relatively flat” in September, the Central Bank of the Bahamas revealing yesterday that Nassau/Paradise Island hotel room revenues were down 7.4 per cent year-to-date for the first nine months of 2013.

Alex Smith on short list of options for Denver Broncos

WITH the NFL offseason in full swing, one veteran player with Bahamian roots looks to continue his career as a journeyman reserve. Alex Smith has emerged on the short list of options for the Denver Broncos as they look to replace acclaimed rookie tight end Jeff Heuerman.

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‘Actions on Family Islands must stop’

ATTORNEY Fred Smith yesterday warned the government that it was treading on the “thin ice of contempt” for pressing ahead with efforts to eradicate shanty towns in the Family Islands despite the pending judicial review.

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Wins for Caribs and Stingers as regular season returns

AFTER an exciting All-Star weekend, the New Providence Basketball Association returned to its regular season action on Monday night at the AF Adderley Gymnasium as the College of the Bahamas Caribs and the PJ Stingers picked up victories.

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Bahamas finish seventh in CentroBasket after big win over Nicaragua

THE Bahamas men’s national basketball team took their frustrations out on Nicaragua on Friday by winning seventh spot in the CentroBasket tournament with a 120-77 victory.

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Waltiea Rolle posting major numbers

WALTIEA Rolle is back on the pro circuit in Bulgaria and posting major numbers for her Haskovo 2012 club.

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New VAT policy to aid Abaco & Grand Bahama

PRIME Minister Dr Hubert Minnis announced a new VAT policy for Abaco and Grand Bahama yesterday to assist with rebuilding efforts.

Customs brokers in 'trying period' after VAT implementation

Customs brokers yesterday admitted they were going through a “trying period” in the wake of Value-Added Tax (VAT) implementation, with one broker encountering challenges with its IT system.

Cable charges BTC recovering ‘seven times’ network cost

Cable Bahamas has charged that its Bahamas Telecommunications Company (BTC) rival recovers more than “seven times’” the costs it incurs on terminating fixed-line calls to its mobile subscribers at peak hours.

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Govt targets 40 online services by year’s end

The government is aiming to make 40 public services available online by year-end through adding an additional one to its portal every six-eight weeks, a Cabinet minister revealed yesterday.

Gov't urged: Combine 4% sales tax with spend cuts

THE Government should implement a 4 per cent sales tax and target a 3 per cent spending reduction as an alternative to Value-Added Tax (VAT), a senior accountant has urged.

WOMEN'S NIGHT LEAGUE BASKETBALL HEATS UP

By RENALDO DORSETT

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U-15 girls lose bronze medal game

IT was ultimately a fourth-place finish for Team Bahamas as they completed competition winless at the FIBA Centrobasket U15 Championships for women.

Doctors fear ‘minimum’ 25% cost rise with NHI

Doctors fear the Bahamas will be left with “a dysfunctional health system” if the Government forges ahead with National Health Insurance (NHI), as the current model is plagued by funding shortfalls and threatens to increase their costs by “a minimum” 25 per cent.

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COVID claims life of five-month-old girl

COVID-19 related deaths have climbed by two to 254, with officials reporting that the country’s youngest victim is a five-month-old girl who died from the virus on June 26.

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Wilson 'back as BUT president'

Unofficial results of the BUT general election last night revealed that incumbent president Belinda Wilson has been reelected as president of the union for the third time.

PM pays tribute to Commodore Leon Livingstone Smith

PRIME Minister Philip “Brave” Davis along with other officials joined family and friends in celebrating the historic life of retired Commodore Leon Livingstone Smith on Friday.

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INSIGHT: Tunnel vision and myopia are too heavily guiding decision on vaccinations for travellers

THIS past weekend, the requirements for fully-vaccinated travellers to provide evidence of a negative COVID-19 RT-PCR test before being permitted into the country were officially dropped.

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Bahamas Hoopfest to honour Waltiea Rolle

ANOTHER event is set to be added to the list of NCAA Division I basketball tournaments hosted in the Bahamas during the Thanksgiving holiday weekend.