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Melia can ‘barely’ sustain operations
The Melia Nassau Beach Resort can “barely” generate enough cash flow to finance its own operations - an admission that was yesterday seized upon by Baha Mar’s contractor.
Joaquin insurance loss stands at $14m
The Bahamian insurance industry is currently pegging gross losses caused by Hurricane Joaquin at $14 million, a sum equivalent to just 23 per cent of the initial $60 million damages estimate.
Lawyer: We must act now on climate change
WITH The Bahamas recognised as one of the most vulnerable countries to rising seas that could swallow up to 80 per cent of the land mass of the islands by the end of the century, a leading environmental consultant and attorney is calling for “immediate radical action” to stem the tide of climate change.
Permit roadblocks to Baha Mar’s $80m Chapter 11 financing
Baha Mar faces further Government roadblocks even if it obtains Supreme Court recognition of the Chapter 11 bankruptcy protection, as it has yet to obtain necessary Bahamian approvals for the $80 million financing facility created by its principal.
Bobby Brown headlines the Jingle Ball
FORGET Santa Claus, ‘80s R&B superstar Bobby Brown is coming to town.
Dominican Republic gets 87-80 win over Bahamas
After getting blown out in the first half, the Bahamas men's national team regained their composure in the second half and cut the deficit to two before eventually losing down the stretch to the Dominican Republic 87-80 on day three of the CentroBasket Tournament in Panama.
Long Island bananas: 80-90% destruction
While Long Island farmers likely lost 80-90 per cent of their banana crop due to Hurricane Sandy, Tribune Business was told yesterday, but many homes and businesses were likely to be “back to normal in a few days”.
Sandals eyes $1m in storm repairs
SANDALS Royal Bahamian’s general manager yesterday estimated the resort would spend just under $1 million to carry out repairs to areas damaged by Hurricane Sandy, telling Tribune Business that its occupancy levels were near 80 per cent at the time of the storm.
Sailing for science
OFFICIALS yesterday praised the STEM for the Oceans programme that hosted 80 students and others on board the world’s largest cruise ship, calling the initiative something that speaks to the bright future for Bahamian natural resources.
NHI will cost you $15-$80 a month
THE government is “revamping” National Health Insurance to focus more on catastrophic care with the introduction of the BahamaCare Plan and expects a contributory plan of $15 to $80 per month to fund it.
80 to 100 voluntary job cuts offered at Water and Sewerage
THE Water and Sewerage Corporation is considering offering 80 to 100 voluntary separation (VSEPs) packages to employees as it looks towards “right-sizing,” according to Executive Chairman Adrian Gibson.Saying that plans are now underway to have the p
80 test positive for TB exposure
MORE than 340 people living in two shelters for Hurricane Dorian victims have been screened for tuberculosis - 80 of them with positive skin tests, according to Health Minister Dr Duane Sands yesterday.
Eliminate VAT need via 70-80% tax compliance
The Tax Coalition’s co-chair has suggested that increasing tax compliance rates to 70-80 per cent under the existing system would eliminate the need for Value-Added Tax (VAT) or any other revenue reforms.
Mandatory guides push threatens 80% of fly fishing impact
The Bahamas could lose almost 80 per cent of the fly fishing industry’s $141 million annual economic impact if it alienates the ‘do-it-yourself’ anglers, a leading tourism executive has warned.
Commercial banks to acquire 80 per cent of restoration bond
Some 80 per cent or $120 million of the Government’s Hurricane Restoration Bond will be raised from the commercial banks, the Government yesterday confirming the offering’s multi-tiered nature.
Banks urged: Lower your debit card fees
REDUCED fees on debit card transactions could significantly boost commerce in the Bahamas, a leading businessman noting that credit card purchases effectively ruled out roughly 80 per cent of the shopping public.
'Buddy Buckets' season high 23 in win over the Grizzlies
Buddy Hield followed up Tuesday’s disappointing game with a season high in scoring and minutes played as a part of a new-look, fast-paced Sacramento Kings offence.Hield finished with 23 points on 10-20 shooting from the field, including 3-6 from thre
GB power officially opnes its $80M generation plant
The Grand Bahama Power Company (GBPC) has officially opened its $80 million West Sunrise Plant (WSP).
Rondo-less Celtics beat Hawks to tie series
ATLANTA (AP) -- Paul Pierce battled through another tough shooting night to score 36 points and the Boston Celtics wiped out Atlanta's 11-point lead in the second half even without Rajon Rondo, stunning the Hawks 87-80 on Tuesday in Game 2 of the Eastern C
Law team to do battle
BAHAMIAN students in the UWI law programme at COB have a once in a lifetime opportunity to participate in a world class moot competition in Washington DC next month. With more than 500 law schools represented from more than 80 countries, the competitors
