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Kai Jones posts his first double double in NCAA
In just his second start of the season, Texas Longhorns forward Kai Jones set several career highs and a new personal milestone.
$500m developer targets Ginn property acquisition
A Canadian-based developer with $500 million in assets has emerged as the potential buyer for the former Ginn sur mer project in Grand Bahama’s West End, Tribune Business can reveal.
IMF: 65% bank asset fall’s ‘modest’ impact
THE international financial services industry’s “sharp contraction”, with total bank assets shrinking 65 per cent in the five years to 2016, has only “modestly” impacted the Bahamian economy.
EDITORIAL: Still time to review the heavy hammer of VAT
The governing party under the leadership of Prime Minister Dr Hubert Minnis presented its proposed budget in the House of Assembly yesterday.
Alonzo Russell advances to 400m final
WHILE both the men’s basketball and softball teams continued to struggle to find a win in their games so far at the 23rd Central American and Caribbean Games in Barranquilla, Colombia yesterday as fencing’s debut is now over and done with, the track
UPDATED: PM tables emergency powers extension, gives latest on COVID-19
MONDAY MORNING UPDATE: Prime Minister Dr Hubert Minnis has tabled a resolution in Parliament to extend the COVID-19 emergency powers until May 30th.
Economic vision must go beyond restarting
Preliminary estimates by the Organisation for Economic Co-operation and Development (OECD) indicate there will be at least a 45 percent decline in international tourism this year because of COVID-19. This will have negative economic implications for
Small business faces $748m 'financing gap'
Bahamian small and medium-sized enterprises (SMEs) face a “financing gap” that could be as large as $748m, the Bahamas Development Bank’s (BDB) transformation plan estimates. The report, a copy of which has been seen by Tribune Business , suggests t
NCAA Div 1: Bahamians set new career highs
SEVERAL Bahamian players set new career high scoring marks in NCAA Division I basketball over the course of the holiday season.
Electricity theft ‘fraud victims’ face big bills
Multiple Grand Bahama businesses and residents could be “victims of a fraud” that may have cost the island’s sole electricity provider millions of dollars, it was revealed yesterday.
PM promises crime crackdown and warns criminals: WE WON’T STOP
PRIME Minister Dr Hubert Minnis has warned criminals that they will be relentlessly tracked down and brought to justice, but failed to unveil new plans that haven’t already been publicised to aid the war on crime.
PM urged: ‘Put your foot down’ on BOB woes
Bank of the Bahamas was yesterday slammed for its latest failure to make timely disclosure to shareholders, having failed to provide the market with the outcome of its $40 million rights issue since it closed two months ago.
Public spending to rise 'less than 0.1% of GDP' via wage freeze end
Public spending to rise 'less than 0.1% of GDP' via wage freeze end Sub-Deck: * Gov't acknowledges major difference with IMF over 'timing and will for major tax reform' * Debt Management Committee set up to oversee Bahamas' fiscal position By NEIL HA
Credit union member growth expands 29%
By NEIL HARTNELL Tribune Business Editor Bahamian credit unions have outpaced commercial banks through an average total asset growth rate of 9.25 per cent over the past five years, the Central Bank's governor said yesterday, their collective membership h
Bahamas casinos' revenue 20% of Las Vegas rivals
Bahamian casinos are currently earning just one-fifth of the annual revenue take enjoyed by their Las Vegas counterparts, Tribune Business was told last night, with proposed reforms having the potential to “quadruple” the industry’s income.
YOUNG MAN'S VIEW: Let's look at tourism
GONE are the days when promotional packages featuring the sun, sand and the sea would attract visitors in droves and sustain the high standard of living that Bahamians have become accustomed to.
Sands: $6.6m for clinic to see five patients a day
HEALTH Minister Dr Duane Sands yesterday accused the former administration of going forward with the $6.6m upgrade to the Smith’s Bay Clinic in Cat Island despite a nearly 40 per cent decline in visits to clinics on that island in the past decade.
Super Value chief: COVID vulnerable must remain home
Super Value’s president has suggested that all persons aged over 65, and those with pre-existing medical conditions, remain at home to facilitate the Bahamian economy’s COVID-19 re-opening.
2,442 cases of child abuse reported from 2015-2018
THERE were roughly 2,442 cases of reported child abuse from 2015 to 2018, according to Social Services Minister Frankie Campbell.
Wells: COVID-19 positivity rate 21 percent
HEALTH Minister Renward Wells said the COVID-19 positivity rate is now 21 percent, far higher than the low of three percent in February and the World Health Organisation’s recommendation that the rate not exceed five percent.
