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Nearly 20% of firms fear bribe demands

Nearly one in five Bahamian companies feels they have to pay bribes to obtain crucial licences and permits, a report by development agencies finding this nation ranked worse than the Western Hemisphere average for corruption perceptions.

Auto dealers: Sales ‘20% higher’ if we had supply

Bahamian auto dealers yesterday said industry-wide sales would be “20 percent higher” than the actual 159 year-over-year increase for 2022 to-date if vehicle supplies matched pre-COVID levels.

Super Value slashes inflation impact 20%

Super Value’s principal says he does “not expect” The Bahamas to be hit by the baby formula shortage afflicting the US, while the supermarket chain’s buying strategies have reduced food inflation’s impact by 15-20 percent.

Direct airlift could increase Long island hotel revenues 20-25%

Direct airlift from Florida would boost annual revenues at all Long Island tourism properties by 20-25 per cent in the long-term, the Long Island Chamber of Commerce’s president told Tribune Business yesterday.

Ten Red-line Athletics members CARIFTA ready

AS one of the top local track clubs in the country, the coaching staff of the Red-Line Athletics is quite pleased with the 10 members selected to represent the Bahamas on the 80-member team for the Oaktree Medical Center’s 50th CARIFTA Games.

SAC maintains lead on day 2

BAISS TRACK & FIELD CHAMPIONSHIPS

St. Augustine’s College built on their day one momentum as they lead team rankings for the second consecutive day. The secondary school is ahead of the competition with a day two total of 691.50 followed by the Queen’s College Comets with 607.50.

$20m complex named after Cornelius A Smith

FREEPORT - The new $20 million government complex was named in honor of Cornelius A Smith and was opened by Prime Minister Hubert Ingraham

Olympics: Anthonique qualifies for 100, 200

Olympics: Anthonique qualifies for 100, 200 By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net Anthonique Strachan came home and proved that she's fit and ready to compete this year. Strachan, who is now at Auburn training under coach Henr

Bahamas ‘must reengineer economy faster than ever’

* QC: 2018 will ‘set economy for 20 years’ * Warns reform pace may be bewildering * Warns of tax, exchange control ‘recalibrating’

THE Bahamas faces having to “substantially reengineer its economy at a much faster pace than ever before” to escape global ‘blacklists’, a prominent QC warned yesterday. Brian Moree QC, senior partner at McKinney, Bancroft & Hughes, told Tribune Business that this nation’s response to the European Union/OECD initiatives in 2018 “will determine the future of the economy” for possibly the next 20 years.

Water Corp’s ‘ludicrous’ 8 per cent debt recovery deals

THE Water & Sewerage Corporation’s chairman yesterday said he was reviewing pre-election contracts issued to two debt collectors who have recovered just 8 per cent of the $5 million assigned to them.

Flowers: I’m not firing staff

CRAIG Flowers says he has gone against the grain in opting not to lay off employees because it is not known if his company – FML Group of Companies - will suffer loss due to increased government taxes, which includes a five percent stamp tax on patrons.

WORLD VIEW: Today’s OAS - run by a few for a few

ON March 20 a reckless and irresponsible General Assembly (GA) was held by the Organization of American States (OAS), putting the health of many at risk and giving an entirely wrong example to the entire world.

WORLD VIEW: As Haitians suffer the world stays silent

ON February 20, the UN Security Council received a grim report of deteriorating human rights and collapsing rule of law in Haiti. The troubling situation includes widening malnutrition, kidnappings for ransom, rapes and gang violence.

9,000 in Abaco ask for help with food

SOME 9,000 people in Abaco have recently appealed to Idea Relief, a Bahamian non-profit organisation, for food assistance.A representative from the organisation revealed the figure yesterday.This comes after the group’s co-founder told The Tribune la

Everyone had a duty on UN trip, says Wells

TRANSPORT and Local Government Minister Renward Wells yesterday defended the size of Prime Minister Dr Hubert Minnis’ nearly 20-member delegation to the United Nations’ 73rd General Assembly, emphasising that “every Christ soul” that attended had a “

PLAYING SAFE: Entry controls on anyone who visited China in last 20 days, Two local residents already in quarantine at undisclosed location

THE government has banned travel from China because of the 2019 Novel Coronavirus, the fast-spreading epidemic that has killed 171 people and infected thousands overseas.

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