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Relays to generate 1,500 room nights

More than 1,500 room nights will be generated by visiting athletes and support staff for the upcoming International Association of Athletics Federations (IAAF) World Relays, officials yesterday telling Tribune Business the event was likely to match last year’s $20 million economic impact.

Tour operators: Xmas volumes down to 20%

Tour operators yesterday revealed Christmas and New Year’s business volumes slumped to just 10-20 percent of pre-COVID levels, adding that this was simply insufficient to sustain a viable enterprise.

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Sun’s Jones yet to appear in training camp

Jonquel Jones has yet to make an appearance in training camp or in any of the Connecticut Sun’s preseason games, but the front office is excited at the possibilities this WNBA season when the team is at full strength.

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Minister slams G-20's 'unprecedented assault' on financial industry

The Minister of Foreign Affairs has used a regional summit with the European Union (EU) to hit out at “the unprecedented assault” on the Bahamas’ financial services industry, arguing that the sector was subject to regulatory standards that matched those in developed countries.

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Shining Knights

THE Government Secondary Schools Sports Association’s (GSSSA) Senior Track and Field Championships concluded on Friday with the CR Walker Knights celebrating as the champions, regaining the title that they lost to the CV Bethel Stingrays for the past two years.

'Minimum' 20% rise targeted for road, real property tax

The Government believes better administration will yield a “minimum” 20 per cent increase in real property tax and Road Traffic Department revenues, with its anti-tobacco smuggling measures already causing “greater compliance”.

Poultry producer’s output up 20-30%

An Abaco-based poultry producer yesterday said its production had increased 20-30 per cent, its operations manager telling Tribune Business he was “very encouraged” by the response from many Bahamas-based wholesalers.

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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Professional basketball players making moves

BAHAMIAN professional basketball players in leagues around the globe continue to progress in their respective seasons while others have made the transition to new leagues.Kadeem Coleby continues to perform at an All-Star level for his first place Aki

BFSB summit focuses on tax, regulatory demands

The global focus on taxation, anti-money laundering and demands for greater transparency will be discussed at this week’s International Business & Finance Summit (IBFS).

Clubs and Societies 02032017

Weekend rides. - Saturday leaving 6am sharp from Harbour Bay Shopping Centre in front of First Caribbean Bank (Starbuck’s), 43 miles headed west. In order to complete this ride it is recommended that you have done some recent cycling! Leaving P/I Bridges optional at the end. The pace will range from 17–20+mph, three-hour duration

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Families face $30 bill to bail out BPL

BAHAMAS Power and Light customers will see a $20 to $30 increase in their monthly electricity bills for 10 months starting in 2020, according to Minister of Works Desmond Bannister.

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Government to budget $20 million to market Baha Mar

THE Government has set aside $20 million from this year’s budget to market the $3.5 billion Baha Mar development as part of its agreement, Prime Minister Perry Christie said yesterday, raising the issue to highlight the financial challenges The Government faces in relation to providing subsidies and concessions for the Bahamian tourism sector.

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Star Trackers Classic has CARIFTA qualifiers

DESPITE the inclement weather, which forced officials to finish the meet ahead of time, at least a pair of CARIFTA Games qualifying standards were established in the same event at the Star Trackers Track Classic on Saturday.

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Float accident at Haiti Carnival parade kills at least 20

PORT-AU-PRINCE (AP) - At least 20 people were killed early today in the Haitian capital after a man on top of a musical group’s Carnival float was electrocuted, setting off a panic in which dozens of people were trampled, witnesses and officials said.

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QC Comets in lead after day 1

Day one of the 2019 Bahamas Association of Independent Secondary Schools’ Track and Field Championships saw the two familiar powerhouse programmes race ahead of the field in another edition of the renewed rivalry.

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Man accused of $25k bank fraud and money laundering granted $8,000 bail

A 20-year-old man was granted $8,000 bail after being accused of defrauding a bank of over $25,000 this year.

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Mortician charged for falsifying records

A former mortician was charged in Freeport Magistrate’s Court this week with falsification of a public record.

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Man accused of molesting 11-year-old girl in Eleuthera granted $5,000 bail

A 20-year-old man was granted $5,000 bail yesterday after he allegedly molested an 11-year-old girl in Eleuthera last week.

Number portability puts ‘big spending’ 20% in Aliv’s reach

Aliv’s top executive yesterday said number portability’s imminent arrival would enable the new operator to penetrate the ‘big spending’ segment that accounts for up to 20 per cent of the Bahamian market.