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BPC undertaking further studies to prepare to spud

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A BAHAMAS-BASED oil exploration company has spent almost $50 million on its oil exploration efforts here in the Bahamas thus far, its chief operating officer noting that while a rev

BPC undertaking further studies to prepare to spud

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A BAHAMAS-BASED oil exploration company has spent almost $50 million on its oil exploration efforts here in the Bahamas thus far, its chief operating officer noting that while a rev

Environmental regulation gets ‘teeth’ from reforms

Environmental planning and enforcement will soon get “teeth”, a Cabinet Minister said yesterday, through the creation of a Department of Environmental Planning and Protection (DEPP).

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$35m spent by govt on recovery after hurricane

THE government spent $35m on hurricane-related expenses as of January 31, Prime Minister Perry Christie said yesterday.

'Freedom of Information Act crucial to V.A.T. implementation'

THE passing of a Freedom of Information Act and a Fiscal Responsibility Act were important in establishing trust in New Zealand residents over their government’s efforts to implement Value Added Tax (VAT) and other fiscal reform initiatives, New Zealand VAT experts said.

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D’Aguilar: Follow the rules as we face the third wave

TOURISM Minister Dionisio D’Aguilar made a plea to businesses yesterday, urging them to follow COVID-19 restrictions and prevent large gatherings amid the country’s third wave of the virus.

'Minimum' 20% rise targeted for road, real property tax

The Government believes better administration will yield a “minimum” 20 per cent increase in real property tax and Road Traffic Department revenues, with its anti-tobacco smuggling measures already causing “greater compliance”.

Bahamasair could 'blow $35m hold' in Budget

Bahamasair’s new fleet could “blow another hole” in the 2017-2018 Budget unless the Government can delay a $35 million principal repayment on the loan that financed their acquisition.K P Turnquest, the minister of finance, revealed that Bahamasair’s

Memorial service for Sir Jack Hayward

A memorial service for Sir Jack Hayward will be held on February 23 at 4pm at the Pro-Cathedral of Christ of the King, East Atlantic Drive, Freeport, Grand Bahama.

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PM hails good first day of negotiations in China

PRIME Minister Perry Christie yesterday said the first day of Baha Mar meetings in China were “good” but warned that a “very, very serious situation” would result if the relevant parties cannot secure an agreement today.

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Public demand for vaccine ‘flattened’

DEMAND for the COVID-19 vaccine has flattened in The Bahamas even as more doses of the Oxford-AstraZeneca jab could arrive in the country as early as today, according to Ed Fields, deputy chair of the National COVID-19 Vaccine Consultative Committee.

Salem Union in 12-10 victory over Golden Gates Native

SALEM Union pulled off the biggest upset so far in the Baptist Sports Council’s 2013 Coca-Cola Softball Classic, securing a 12-10 walk-off victory over the defending champions Golden Gates Native at the Banker’s Field at the Baillou Hills Sporting Complex on Saturday.

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'Call for PM's resignation for ignoring people's voice'

THE decision by the government to disregard the vote against legalising the numbers industry in The Bahamas sets a dangerous precedent and is a move that can ultimately imperil our democracy, Majority Rule era MP Ed Moxey told The Tribune.

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Bahamas ‘big part of the FTX puzzle’

FTX’s Bahamian operation was yesterday branded “a big piece of the puzzle that needs to get resolved” as its provisional liquidators successfully obtained US legal recognition for their ongoing investigations.

Undefeated Cybots beat Crimestoppers

WITH the Bahamas Government Departmental Basketball Association (BGDBA) season winding down, the undefeated Bain and Grants Town Cybots dropped the Police Crimestoppers 88-81 this past weekend.

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Oil explorer blasts ‘baseless’ claims over its insurance

The Bahamas Petroleum Company (BPC) yesterday blasted its opponents for “deliberate and gross misrepresentation” over suggestions its exploratory well lacks adequate insurance coverage.

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17% mortgage drop shows 'corner not turned yet'

The Bahamian real estate market has “not quite turned the corner” and is splitting into two, Tribune Business was told yesterday, with the number of recorded mortgages down 17.3 per cent year-over-year for the 2013 first half.

NPWBA: Angels tie series 1-1

NPWBA: Angels tie series 1-1 By RENALDO DORSETT Sports Reporter rdorsett@tribunemedia.net Ashley Moss is known for her rebounding and shot-blocking ability but the defensive minded forward was able to lift the Boomer Gee Angels to a series-tying win

NPWBA: Angels tie series 1-1

NPWBA: Angels tie series 1-1 By RENALDO DORSETT Sports Reporter rdorsett@tribunemedia.net Ashley Moss is known for her rebounding and shot-blocking ability but the defensive minded forward was able to lift the Boomer Gee Angels to a series-tying win

GB airport operator ‘well ready to move’

Grand Bahama International Airport’s prospective operator has indicated it is “well ready to proceed once given the green light by government”, the island’s Chamber of Commerce chief has revealed.