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PLP loses bid for committee to investigate Oban deal
THE Progressive Liberal Party’s motion for a select committee to investigate matters relating to Oban Energies was defeated yesterday when Free National Movement (FNM) parliamentarians in the House of Assembly unanimously voted against it.Englerston
$211m borrowing approved to aid electric supplier
FINANCIAL crisis was cited as the reason government yesterday passed a resolution to borrow $211m to aid the Bahamas Electricity Corporation.This undesirable situation, the resolution said, was caused by the high cost of fuel in 2018, funding of capi
New $50m power plant for Andros
A Bahamian-led consortium is bidding to develop a $40-$50m biomass-fuelled power plant in North Andros through a proposal featuring a tie-up with BAMSI.
Celtics take 3-2 lead
BOSTON (AP) — Rookie Jayson Tatum scored 24 points and Al Horford had 15 points and 12 rebounds to help the Boston Celtics beat the Cleveland Cavaliers 96-83 last night and take a 3-2 lead in the best-of-seven Eastern Conference finals.
Two charged with robbery and murder attempt
TWO 24-year-old men were arraigned in a magistrate’s court yesterday accused of being the perpetrators of an armed robbery and an attempted murder one week ago.Dominic Stuart and Antonio Neely stood before Deputy Chief Magistrate Subusola Swain charg
BUSINESS BITES: Say 'Yes' to Bahamas oil drilling
No sooner had Simon Potter, CEO of Nassau-based Bahamas Petroleum Company (BPC), announced an international oil company had signed a 90-day renewable option to become a farm-out partner with BPC, than our environmental activists predictably denounced the deal — indeed, the very concept of drilling for oil in Bahamian waters.
Carifta medal bungle
The Holy Bible encourages us to plan intricately at Luke 14:28, 29 & 30
BLTA team off to American Zone III Davis Cup tie this weekend
THIS weekend, the Bahamas Lawn Tennis Association will send off its team to the American Zone III Davis Cup tie in Costa Rica.
Four-man bodybuilding team lives up to expectations in Montreal
THE four-man team didn’t achieve the success that manager Wellington ‘Cat’ Sears had anticipated. But head coach Leonardo ‘Nardo’ Dean said they performed up to their expectations.
Crystal Palace demolition set for summer
Baha Mar will demolish the former Crystal Palace resort and casino this summer as it proceeds with expansion plans beyond yesterday’s Rosewood hotel opening.Graeme Davis, pictured, the $4.2bn development’s president, told Tribune Business it hoped to
Baha Mar chief: Atlantis 'cannibalise' fear unseen
Baha Mar’s president yesterday said the feared market “cannibalisation” with Atlantis has yet to occur, with Nassau enjoying record arrivals and airlines seeing 80 per cent “load factors”.Graeme Davis reiterated to Tribune Business that the hotel ind
BPL's renewable plan delay branded 'pathetic'
A local renewable energy firm yesterday slammed Bahamas Power and Light’s (BPL) failure to produce an acceptable Renewable Energy Plan (REP) on time as “pathetic”.Zoltan Szasz, vice president of technical sales at Bahamas Energy and Solar Supplies, t
THE PRESS BOX: FIFA WORLD CUP 2018 PREVIEW PART 1
FIRST things first, let’s start things off by congratulating Budweiser and Jimmy’s Wines and Spirits for running another awesome promotion. Once again, sending another lucky Bahamian to a world-class, international sporting event. This time around,
LeBron scores 44 as Cavs even series with Celtics
CLEVELAND (AP) — LeBron James scored 44 points, surpassed Kareem Abdul-Jabbar atop a postseason list and helped the Cleveland Cavaliers even the Eastern Conference finals at 2-2 last night with a 111-102 victory over the Boston Celtics, who are looki
Jonquel Jones helps Sun get 101-65 win over the Aces
JONQUEL Jones finally made her way back to Connecticut in time for the Sun’s WNBA regular-season opener and the All-Star forward showed flashes of brilliance in her season debut, despite limited minutes.Jones finished with seven points, five rebounds
Regulator accuses BPL of ‘compromising renewables’
Regulators fear Bahamas Power & Light (BPL) may have “compromised the introduction of sustainable renewable energy in the shortest possible time” by breaching the Electricity Act 2015.
DPM 'hopeful' GDP growth will escape oil price shocks
The Deputy Prime Minister is expressing confidence that The Bahamas will meet its 2.5 per cent GDP growth target despite rising oil prices, adding: “Hopefully we’ll be able to ride it out.”KP Turnquest, pictured, conceded to Tribune Business that inc
Letter to the Business Editor
Editor, The Tribune.I write to express my deep concern that this country is setting itself up to enter the deepest depression it has ever seen, leaving the majority of the population unable to afford electricity and food.As a long-term resident with
A royal wedding bridges the Atlantic, opens up a modern era
WINDSOR, England (AP) — The son of British royalty and the daughter of middle-class Americans wed Saturday in a service that reflected Prince Harry's royal heritage, Meghan Markle's biracial roots and the pair's shared commitment to putting a more diverse, modern face on the monarchy.
Fuel bills set to soar
Bahamians must brace for “a very expensive summer”, the Chamber of Commerce’s chief executive warned yesterday, as global oil prices surged to $80 per barrel.
