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BTC targets Internet lead with 90% fibre coverage

The Bahamas Telecommunications Company (BTC) is aiming to cover 90 percent of New Providence with its new fibre network within the next nine months as it placed broadband Internet at the core of yesterday's corporate rebranding.

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Baha Mar hotel's rates are 'not good enough'

The Nassau Wyndham Resort’s “mid-$90s” room rates are “not good enough” and between 23-30 per cent below where they need to be, a Baha Mar executive yesterday conceding that the guest experience was being impacted by construction work on the $2.6 billion Cable Beach expansion.

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FIBA World Cup 2023 Americas Pre-Qualifiers: Team Bahamas finishes with undefeated record

THE Bahamas senior men’s national basketball team finished the FIBA World Cup 2023 Americas Pre-Qualifiers for Group A with an undefeated record and will advance to the next round in November.

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Stuart and volleyball team are champions

IT was another historic moment for Bahamian sports internationally as Eugene Stuart and his Arcada Galati men’s volleyball team emerged as the champions of the Romania Division A1 League.

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Bay Street sees 80% income loss extended longer

Eighty percent of the spending that kept Bay Street afloat has dried up via a cruise industry shutdown just extended to October 1, the Downtown Nassau Partnership’s (DNP) co-chair has revealed. Charles Klonaris told Tribune Business he does not fore

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‘Buddy’ and Bahamas ready to face Venezuela

Although they have yet to “finalise” the team, head coach Chris DeMarco said the Bahamas coaching staff will select a “solid” 12-man roster coming out of this week’s training camp to play against Venezuela at the Kendal Isaacs Gymnasium on Thursday night.

Tax Coalition chief: ‘Fantastic’ if 85% VAT compliance

The Tax Coalition’s chairman yesterday said it would be “fantastic” if quarterly Value-Added Tax (VAT) filers achieved an 85 per cent compliance rate first-time, although he expected many to seek extensions to the April 28 deadline.

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High Flyers and Giants in charge

THE two-time defending division II champions Breezes High Flyers and the Commonwealth Bank Giants, going for a repeat of the men’s title, are now in the driver’s seat of the New Providence Basketball Association’s best-of-seven championship series.

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Japanese B-League basketball: Coleby brothers unite

SEVERAL Bahamian players have been involved in recent transactions on various international pro basketball circuits.

Top auto dealer lays-off 80 staff

A major auto dealer yesterday confirmed it is temporarily laying-off 80 staff as the industry prepares to make its case to the government for a partial opening amid the COVID-19 lockdown. Fred Albury, the Auto Mall’s principal, told Tribune Business

Massive drop in drug trade to US

By KHRISNA VIRGIL

Contractor: BAMSI work 80% complete

A CONTRACTOR for the government’s new agriculture and marine science school yesterday fired back at criticism over the institute’s construction schedule.

BTC to 'exceed' $60- $80m earnings goal

BTC to 'exceed' $60- $80m earnings goal By NEIL HARTNELL Tribune Business Editor The Bahamas Telecommunications Company (BTC) will beat its $60-$80 million operating income projections for 2012 after generating cost savings faster than anticipated, alth

80% of motorists exposed torogue, uninsured drivers

A SENIOR insurance executive yesterday said it would not take “a heavy lift” to crack down on uninsured drivers who threaten to inflict a substantial loss on 80 per cent of Bahamian motorists.Patrick Ward, Bahamas First’s president and chief executiv

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Tobacco smuggling: Bill to recover 80% of revenue losses

The Government yesterday estimated that it will recover 80 per cent, or $20 million, of the revenues it loses annually to tobacco smuggling via its Excise Stamp initiative, and disclosed it was looking at similar measures to combat illegal alcohol imports.

Cable's $100m issue to slash debt costs

Cable Bahamas is aiming to slash interest costs by up to two percentage points via its $100 million preference share restructuring, revealing to Tribune Business yesterday that its Florida and local growth initiatives are “on plan”.

Andy Knowles narrowly misses Masters short course 400m world record

ANDY Knowles attempted the Short Course metres world record in Masters swimming for his age group in late December last year.

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BPGA gears up for 50th National Pro Golf Championships

THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.

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Jonquel Jones and Foxes one step closer to FIBA EuroLeague Final Four

JONQUEL Jones and her UMMC Ekaterinburg Foxes are one step closer to the FIBA EuroLeague Women Final Four.

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‘Scumbags’ hit Robin Hood re-opening with $30k theft

Efforts to re-open the former Robin Hood store off Tonique Williams-Darling Highway have hit a ‘major setback’, Mario’s Bowling and Entertainment Palace chief executive, Leslie Miller, telling Tribune Business yesterday that the store had suffered $30,000 in damages after thieves stole six air conditioning units last week.