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Revamped Employment Exchange to launch July 1
The Department of Labour’s revamped and modernised Employment Exchange is expected to go live on July 1, its director said yesterday.
Offshore sector 72 times larger than Bahamas GDP
The Bahamian international financial services industry is 72 times larger than this country’s gross domestic product (GDP), an International Monetary Fund (IMF) study has estimated.
Deandre Ayton clears COVID-19 protocols
DEANDRE Ayton recently cleared COVID-19 protocols but while fans are still waiting for his return to the court, the Phoenix Suns centre appeared on the leaderboard for a spot in the NBA All-Star game.
Bahamas sees $715m gain if ‘infrastructure gap’ closed
The Bahamas stands to gain a $715m boost if it invests just $31m to close the “digital infrastructure gap” between itself and the world’s leading economies, a multilateral lender is arguing.
EDITORIAL: Hesitation may be your last regret
OUR country’s hesitation to get vaccinated is coming home to roost – with Princess Margaret Hospital now at full capacity.
'Ace' plays high stakes card in tribute to his old friend
Broadcaster Anthony “Ace” Newbold pulled no punches as he paid tribute last week to Edmund Spencer Moxey, his friend of 30 years, whose dream for his people was cruelly smashed by his political colleagues in 1987.
Man accused of robbing at gunpoint to snatch $6,000
A 20-year-old man was charged yesterday with robbing four persons, including an officer, at gunpoint of more than $6,000 worth of cash and merchandise over a two-day period, then attempting to kill someone else just five days later.
Water Corp needs 'topup' to $20m subsidies
By NEIL HARTNELL Tribune Business Editor The Water & Sewerage Corporation will "definitely need" an increase to the existing $20 million taxpayer subsidy allocated to it for the 2011-2012 fiscal year, its gene
Tobacco start-up targets up to $10m first year sales
A Bahamian-owned tobacco manufacturing start-up yesterday said it was targeting $5-$10 million in first year gross sales, but warned this and employee hires could be “significantly impacted” if no Excise Tax exemption was forthcoming.
Court of Appeal stays Gibson corruption trial
THE Court of Appeal stayed Adrian Gibson’s corruption trial yesterday pending the outcome of his appeal of a ruling from Justice Cheryl Grant-Thompson.
Miller brands $600m waste plant's output 'fiction'
The Bahamas Electricity Corporation’s (BEC) executive chairman has branded as “fiction” and “far-fetched” the assertion by Stellar Energy that its waste-to-energy plant could produce 75-80 Mega Watts of power daily, telling Tribune Business: “The capacity just isn’t there”.
Lightbourne and Dames lead KCKCC to upset over no.19 Pirates
THE Kansas Community College Blue Devils have opened the season with one of the most difficult schedules in all of junior college basketball and got their first upset win over a ranked team led by its talented Bahamian duo.
Sky Bahamas enjoys summer with 85% load on relaunched route
SKY Bahamas said yesterday that it was seeing 80 to 85 per cent load factors on its recently re-launched Freeport-Fort Lauderdale route, highlighting what its chief executive described as a “very good summer” for the Bahamian-owned airline.
Architects: ‘Free us from building control bondage’
Architects yesterday urged the government to “free us from the bondage of building control”, warning it was “missing out on” up to 80-90 percent of VAT due on professional fees.
Bahamas’ ‘first class fills before economy’
The Bahamas’ tourism rebound is seeing “first class fill up before economy class”, a Cabinet minister said yesterday, estimating that as much as 80 percent of the industry’s economic impact has returned.
Gov't urged: 'Follow paper trail' to stop fisheries poaching
FISHERMEN said yesterday there was “absolutely no doubt” that Dominicans were carrying out “well funded” poaching operations in Bahamian waters, the head of the Bahamian Commercial Fishers Alliance urging authorities to simply “follow the paper trail”.
Oil explorer: Just 20% of opponents from the Bahamas
The oil exploration battle further heated up last night after Bahamas Petroleum Company (BPC) sought to discredit an activist petition by asserting just 20 percent of signatories were local.
80% of Dorian-hit assets uninsured
Up to 80 percent of private homes and businesses devastated by Hurricane Dorian were uninsured, the deputy prime minister revealed yesterday, creating an unsustainable burden for the state.K Peter Turnquest, opening the annual Accountants Week confer
BISX listee's principal seeks SEC suit dismissal
A BISX-listed company’s principal, and its broker/dealer affiliate, are demanding that a federal regulator’s lawsuit against them be dismissed because the US courts have “no jurisdiction”.
Liquidator readies control plan for Alliance accounts
Liquidators for an alleged $340 million Ponzi scheme are planning to apply to the Supreme Court for permission to gain control over six accounts they have been denied access to by a BISX-listed firm’s broker/dealer affiliate.
