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UB Mingoes suffer two losses at hands of USVI Buccaneers
THE University of the US Virgin Islands Buccaneers spoiled the homecoming celebrations for the University of the Bahamas Mingoes men’s basketball programmes as the visitors took both games in the weekend series.The Bucs took game one 102-85 on Friday
Flowers’ fears over ‘winners tax’ impact
CRAIG Flowers, FML Group of Companies owner, sees the Minnis administration’s proposal to only tax lottery play winnings as “problematic” for his chain of web shops where revenue is largely based on the numbers game.
Long Islanders tell of 'the worst storm they have ever seen'
RESIDENTS of Long Island, among the hardest hit southern Bahamas islands by Hurricane Joaquin, have described the Category 4 storm as “the worst we’ve ever seen”.
Retailers suffer sluggish Xmas
Bahamian retailers yesterday lamented that Christmas sales were “down quite a bit” compared to previous years, with one telling this newspaper: “I don’t think anyone’s sales have gone up this year.”
Private airline concern over $100m restructure of Bahamasair’s fleet
Bahamasair’s $100 million purchase of a new aircraft fleet yesterday prompted one private carrier to again question the Government’s aviation industry strategy, given that the new planes appeared to be targeting his routes.
Man must pay up $4,000 or serve 4 more years in jail
A MAN who “hacked” his ex-girlfriend with a knife when she forbade him from visiting her could serve 14 years in prison if he does not pay $4,000 in damages to the woman by the end of 2015.
Eleuthera developers target December open
Eleuthera’s French Leave Resort and Marina plans to be “open and operational” by mid-December, its developers telling Tribune Business that more than $8 million has been invested in the project to-date.
Disabled crane operators lose Weather Dept tornado claims
Three former Freeport Container Port operators have lost their bid to claim damages from the Government over disabilities and “extensive psychological trauma” resulting from the March 2010 tornado that devastated the firm’s operation.
URCA to launch Consumer Council
THE Utilities Regulation and Competition Authority (URCA) will launch a public consultation on consumer protection and rights regulations later this year, its director of policy and regulation, adding that it also planned to form a Consumer Advisory Council.
Family Islands eye Easter boost from COVID test end
Easter holiday is looking “very good” for domestic tourism now that the COVID-19 inter-island testing requirements have been dropped, multiple Family Island hotel operators said yesterday.
Food costs driving prices up for Thanksgiving meals
SOME local restaurant owners say inflation and the high cost of food in grocery stores have led them to increase prices of their Thanksgiving meals.
CIBC FirstCaribbean explores US listing
CIBC FirstCaribbean’s parent yesterday confirmed its subsidiary is exploring a US stock exchange listing, a move likely to stoke speculation of a Canadian bank withdrawal from the region.
Oil opponents blast fast hearing 'denial'
Oil exploration opponents are arguing that Bahamas Petroleum Company (BPC) is engaging in a "tactical denial" of a speedy hearing after being added as a party to their Judicial Review case.
Out Island hotels: Maintain COVID tests at seven days
A Family Island hotelier yesterday urged the Government to keep the COVID-19 PCR test's validity at an extended seven days past the Christmas holidays to boost tourism's revival.
'Incredible' pent-up demand, say gyms
Gym owners yesterday described the first day following their third COVID-19 re-opening as “incredible”, voicing hopes that an industry-wide shutdown will not be repeated.
Digital currency is 'a giant step'
A financial services provider has the Central Bank's launch of a Bahamian digital currency as "historic" and "a giant step" that will help propel The Bahamas ahead of many industrialised nations.
Dames wants police to pass fitness tests
NATIONAL Security Minister Marvin Dames is calling for a physical fitness standard to be implemented for law enforcement agencies in the country, and particularly within the Royal Bahamas Police Force.
Small business drive gains $600,000 boost
The Small Business Development Centre (SBDC) has received a $600,000 grant funding boost for its mission to create and empower more Bahamian entrepreneurs. K Peter Turnquest, deputy prime minister, hailed the funding from the Inter-American Developm
Davis dismisses $300 VAT light bill bar raise
The government’s plan to increase the $300 VAT-free threshold on monthly electricity bills is an admission that hiking the tax rate to 12.5 percent was a mistake, the opposition’s leader said yesterday. Philip Davis, responding to Tribune Business r
Retailers switch to bulk buying in inflation fight
Bahamian retailers yesterday said they are employing bulk buying and various other strategies to mitigate rising inflation and goods prices.
