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Lead investigator in Smith trial admits altering statement

THE lead investigator in former PLP senator Frank Smith’s bribery and extortion trial has admitted to altering the original statement he took from the virtual complainant in the matter by adding in information some two weeks after it was taken and signed.

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Cable loses challenge to Brave ‘ad’ blocking

Cable Bahamas’ legal challenge to a regulatory decision forbidding it to broadcast an advertisement that allegedly defamed the Prime Minister was this week dismissed by the Supreme Court.

Bank consolidation for former John S George HQ

Bank of the Bahamas International is exploring the consolidation of key back office functions at the former John S George head office in Palmdale, its managing director told Tribune Business yesterday.

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CASUALTIES OF COVID CRISIS: Baha Mar begins mass layoffs just as flights resume

Bahamians were yesterday warned to brace for "more significant casualties" in the tourism industry as Baha Mar started terminating hundreds of workers.

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Bahamasair to spend $9.3m on aircraft maintenance

BAHAMASAIR will use $9.3m of its total budget in the new fiscal year on heavy maintenance to its aircraft and another $1m to move the headquarters to a building complex on Blake Road.

‘Tum Tum’ and Ayton atop NCAA rankings

A WEEK of upsets is expected to produce a shakeup atop the NCAA Division I college basketball polls and several Bahamian players should figure prominently in the new rankings.

Insurer: ‘No concern’ on first $326k VAT expense

Family Guardian’s president says he has seen “nothing to warrant any concern” from Value-Added Tax’s (VAT) imposition on insurance, despite the levy adding $326,000 to third quarter expenses.

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Bahamian Minor League Baseball prospects receive 2022 assignments

Several Bahamian prospects have received their 2022 assignments in Minor League Baseball as seasons commenced in leagues across the United States.

Company losing fight against staff lay-offs

An auto parts and hardware store yesterday warned it may lay-off some of its 25 staff members due to the restrictions imposed by the new two-week COVID-19 lockdown.Doreen Rolle, owner/operator of Rolle’s Auto, told Tribune Business: “The hardware sid

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Opening date chosen for new Critical Care Block

PUBLIC Hospitals Authority Managing Director Herbert Brown said yesterday that a date has been “identified” for the opening of the Princess Margaret Hospital’s new Critical Care Block. It is only awaiting Cabinet’s approval.

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Comets win title

The 30th Father Marcian Peters tournament featured a resurgence for Bahamas Association of Independent Secondary Schools (BAISS) teams as they claimed three of the five contested divisions.

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INSIGHT: China asserts authority over Hong Kong

Following the 20th anniversary of Britain’s handover of Hong Kong to China, Peter Young offers a personal view about developments . . .

Christie promises VAT amendments and debate soon

PRIME Minister Perry Christie said yesterday that he hoped to see the final Value Added Tax (VAT) legislation debated and passed before Parliament’s standard summer recess, acknowledging that there would be “an amendment or two” to the Bill tabled a few weeks ago.

Competition absence aids bad businesses

Competition absence aids bad businesses By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A LARGE number of Bahamian companies enjoy repeat business simply due to lack of competition, a Bahamas Development Bank (BDB) executive sa

Competition absence aids bad businesses

Competition absence aids bad businesses By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A LARGE number of Bahamian companies enjoy repeat business simply due to lack of competition, a Bahamas Development Bank (BDB) executive sa

Bank: 'No truth' to lay-off, closure talk

A Bahamas-based financial services provider yesterday said it plans to hire extra staff within the next few months as its restructuring nears an end. Marco Netzer, Private Investment Bank’s vice chairman, dismissed financial services industry talk t

Swingers win Grand Bahama New Year's parade

THE Swingers Junkanoo Group emerged as the winner of the 2015 New Year’s Day Junkanoo Parade in Grand Bahama, according to official results released on Tuesday by the Grand Bahama Junkanoo Committee.

Radio personalities 'dunking for boobies'

SOME OF the best known radio DJs and personalities in the Bahamas will be getting an early morning soaking today as Radio House, home to 100Jamz, Cool96 and Y98FM, partner with the Bahamas Breast Cancer Initiative Foundation (BBCIF) for the ‘Dunking For Boobies’ event to help raise funds and promote breast cancer awareness month.

Barbers and beauty salons fret over lockdown survival

Bahamian barber shops and beauty salons say they are trying to determine how they will pay the bills and survive after being placed on COVID-19 lockdown until month’s end.Adam Russell, Stylistic Barbers’ owner, told Tribune Business: “Right now I’m s

Valencia beats Levante 4-1 in Copa del Rey

VALENCIA, Spain (AP) -- Valencia took a commanding lead in its Copa del Rey quarterfinal against Levante with a 4-1 home win over its crosstown rival in the first leg on Thursday. After Levante playmaker Jose Barkero had to be replaced after just 10 minute