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Illegal netting threatens $1.5m bonefish investment

A Long Island bonefishing lodge owner says his $1.5 million investment and six jobs are being jeopardised by illegal netting, which threatens to “wipe out” the industry within the next five years.

VAT to exacerbate 22% private aviation fall

The Bahamas has no hope of reversing the 22 per cent decline in post-recession private aviation visitors when its policies keep increasing the sector’s tax burden, a leading private aviation guide said yesterday.

External reserves off $100m from end-2012

The Bahamas' external reserves are down almost $100 million from year-end 2012, indicating that foreign currency inflows are not occurring at a fast-enough rate to replenish them.

Marina chief sees 15-20% booking rise

THE Bahamas could witness a resurgence in the boating market in the next few years, the Marina Operators of the Bahamas (MOB) president said yesterday, adding that reservations for his property were up 15-20 per cent over 2011.

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Hield scores 20, Kings beat Spurs for 5th straight win

SAN ANTONIO (AP) — De’Aaron Fox scored 24 points, Chavano “Buddy” Hield added 20 and the Sacramento Kings beat the San Antonio Spurs 132-115 last night for their fifth straight victory.

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Breezes chief: Baha Mar ‘tragedy for Bahamians’

SuperClubs Breezes owner yesterday said its own expansion and creation of up to 300 jobs would be further delayed by Baha Mar’s woes, adding of the latter: “It’s a tragedy for the Bahamian people.”

ZNS blasts Cable on ad 'dumping'

By NEIL HARTNELL Tribune Business Editor ZNS has alleged that Cable Bahamas' previous Channel 12 tie-up with a radio station owned by a former PLP Cabinet Minister was politically motivated, and an attempt to "cut a deal" with the Christie administration

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32 new cases and one more death confirmed

THIRTY-TWO new COVID-19 cases and one more virus-related death were recorded in the country between Friday and Saturday, pushing the nation’s tally to 8,551 with 980 of those cases still active.

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McCoy’s double double leads Tigers to 10th straight victory

MALACHI McCoy and his Benedict Tigers continue their win streak to highlight Bahamian players in NCAA Division II.

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Pindling family quiet on tax as Dame Marguerite is sworn in

ON the day Dame Marguerite Pindling was sworn in as Deputy Governor General her family remained tightlipped over reports that a payment had been made on her outstanding real property tax debt.

'Tragic' Bahamas surpassed by trade model it pioneered

The Grand Bahama Chamber of Commerce’s president yesterday said it was “tragic and ironic” that other countries had used the model pioneered by Freeport to surpass this nation as international free trade zones.

Bahamas 'dodges a bullet' from Irma

The Deputy Prime Minister yesterday predicted the Bahamas had “dodged a bullet”, with Hurricane Irma unlikely to force the Government into emergency borrowing. K P Turnquest told Tribune Business that while damage assessments have yet to be conducted

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‘This boom has legs’

Palm Cay’s developer is planning to invest a further $100m in accelerating its build-out by exploiting surging real estate demand, its top executive saying yesterday: “This boom has got some legs.”

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‘Drastically shrinking’ middle class market

The Bahamian real estate market “shrinks drastically” beyond the $450,000 price point because too many purchasers are being priced out, a local developer has warned.

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70 years of working for the same company

COMMITTED, loyal and hard-working are just a few words used to describe Pat Higgs, who, at 84, is still an employee of Rubins, the clothing and shoe retail company for which she has worked for 70 years this month.

Exuma spill recovery ‘down to last 10-15%’

Exuma’s oil spill recovery was yesterday said to be “down to the last 10-15 percent” with the clean-up effort becoming progressively harder as more diesel fuel is pumped out.

Bahamians told: Be more scam 'savvy and sceptical'

Bahamians were yesterday urged to become "more savvy and sceptical" to prevent themselves becoming victims of an "uptick" in financial scams as criminals seek to exploit the COVID-19 pandemic.

Women entrepreneurs hit by 30% income gap

The US government has teamed with its Bahamian counterpart to launch its Academy for Women Entrepreneurs (AWE) initiative locally in a bid to narrow another element of the gender gap. Stephanie Bowers, the US Embassy’s charge d’affaires, said The Bah

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Cooper: We’re going the right way with agriculture

The Deputy Prime Minister said the country is “moving in the right direction” on sustainable and climate smart agriculture.

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Grand Lucayan line staff receive severance deals

GRAND Lucayan line staff have received their voluntary separation packages, inclusive of severance, gratuity, and back pay, according to its representative union.