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Cruise port predicts 20% visitor surge to over 5m
Nassau Cruise Port is projecting a near-20 percent jump in passenger volumes to over five million for 2024, it revealed yesterday, as it watches for on any fall-out from Carnival’s Grand Bahama plans from 2025 onwards.
STATESIDE: Watching the election
FOR months, headlines have screamed out warnings that the future of American democracy was at stake in Tuesday’s elections.
Resort revenue growth relies on 5-7% room rate increases
THE BAHAMAS is relying on a 5-7 percent increase in room rates (ADRs) to drive resort revenue growth in 2024 due to limited opportunities to expand occupancies, a senior hotelier has revealed.
Winter tourism fears on union 'work-to-rule'
Unionised employees were yesterday placed on “work to rule” at most of Nassau’s major resorts in a move likely to raise fears for this week’s key Thanksgiving holiday weekend.Darrin Woods, pictured, the Bahamas Hotel, Catering and Allied Workers Unio
Sports in brief
THE Bahamas Association of Independent Secondary Schools’ best-of-three basketball playoffs is slated to continue today at Kendal Isaacs Gymnasium.
High Flyers rout Stampers 82-57, Rockets top the Mingoes 77-72
THE Breezes High Flyers and the Rockets both took a 2-0 lead in their New Providence Basketball Association best-of-five semi-final playoff series at the AF Adderley Gymnasium Saturday night.
‘Not scratched 10%’ of fly fishing potential
The Bahamas has “not even scratched 10 percent” of the fly fishing industry’s economic potential, it was asserted yesterday, amid “urgent” calls for it to rapidly increase guide numbers to “catch up” with rivals.
A COMIC'S VIEW: Sixty million ways to ruin your week
I have to say, I was having a fairly decent week right up until I read yesterday’s Tribune headline.
'Red-letter day' for West End as $2m community clinic opens
THE opening of a newly renovated $2-million West End Community Clinic was “a red-letter day” for the residents of West End, who for the first time will now have access to trauma and 24-hour ambulance/EMS services in their community.
Sports notes
THE Scottsdale Vixens and the Technicians have both taken commanding 2-0 lead in their New Providence Volleyball Association’s best-of-five championship series on Wednesday night at the DW DAvis Gymnasium.
FTX Bahamas creditors to have first meet March 15
FTX’s Bahamian subsidiary will hold its first creditors meeting on March 15 at Baha Mar’s convention centre as its liquidators ramp-up efforts to return assets to their rightful owners.
Gov’t still assessing some VAT refunds
The Ministry of Finance’s financial secretary has confirmed that several Value-Added Tax (VAT) refunds have yet to be processed because of “audit specific VAT accounting issues”, although the majority of claims have been paid.
Christian leader urges income tax
THE government should tax Bahamians a 10 per cent Value Added Tax (VAT) rate and consider imposing a seven per cent income tax on people who make more than $175,000 per year, former Christian Council President Dr Patrick Paul said yesterday.
Jones and Flame on brink of elimination
Jonquel Jones and her Shanxi Xing Rui Flame are on the brink of elimination and face an early deficit in the Women’s Chinese Basketball Association Finals.The Flame dropped the first two games of the series to the top seeded Beijing Great Wall as the
Andros resorts target 30 extra employees
Two Andros resorts will be seeking a combined 30 new recruits at a job fair scheduled to be held in the 2023 second half, it was revealed yesterday.
Business culture must ‘transform’ for VAT
AVOIDING any adverse impact on the Bahamian tourism and financial services industries will be the “real challenge” for policymakers in implementing a Value Added Tax (VAT), a financial executive said yesterday, while also noting that the business culture “will need to change”.
Real Deal Shockers beat Rockets, 73-68
THE New Providence Basketball Association continued its regular season action with a series of games at the AF Adderley Gymnasium over the weekend.
Insurance rate rise ‘may come into play in ‘18’
Bahamians were yesterday warned that increased catastrophe insurance rates “may come into play in 2018” as a result of hurricane-related devastation in the US.
IMF to Bahamas: ‘Pre-empt’ on corporate income taxes
The Bahamas has been urged by the International Monetary Fund (IMF) to “pre-empt” global tax pressures by imposing a corporate income tax designed to suit its own purposes.
Murder toll falls by a quarter
THERE have been 86 murders for the year thus far, police press liaison officer Superintendent Shanta Knowles revealed yesterday.
