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Buddy to come off the bench in season opener
BUDDY Hield will begin his rookie campaign with the plan of providing his patented scoring punch off the bench for his New Orleans Pelicans.
Bahamas needs ‘more marked’ deficit decline
Standard & Poor’s (S&P) has warned the Bahamas needs a “more marked” decline in its fiscal deficits to halt the rising national debt, which it forecasts will grow to 53 per cent of GDP on a net basis by 2018.
Bahamas 'got everything needed' on tax exchange
The Bahamas “got everything we wanted” from this week’s OECD Global Forum meeting, with its stance on how the automatic exchange of tax information should be implemented accepted by the international community.
'Tragic' Bahamas surpassed by trade model it pioneered
The Grand Bahama Chamber of Commerce’s president yesterday said it was “tragic and ironic” that other countries had used the model pioneered by Freeport to surpass this nation as international free trade zones.
Atlantis braces for $14m hit from BPL’s fuel hike
Atlantis is predicting it will take a $14m hit this year from Bahamas Power & Light’s (BPL) hiked fuel charges but remains hopeful this will be minimised by higher visitor spend and room rates.
Infrastructure Fund’s public offering plan
Bahamian investors will be given the opportunity to own a portion of the proposed National Infrastructure Fund via an initial public offering (IPO), a Cabinet minister confirmed yesterday.
Water Corp 'hanging on a very tight string'
The Government has little choice but to bail-out a Water & Sewerage Corporation that is "hanging on a very tight string"," a Cabinet minister confirmed yesterday.
Bahamas 'dodges a bullet' from Irma
The Deputy Prime Minister yesterday predicted the Bahamas had “dodged a bullet”, with Hurricane Irma unlikely to force the Government into emergency borrowing. K P Turnquest told Tribune Business that while damage assessments have yet to be conducted
Crisis takes toll in jobs at Grand Bahama shipyard
The Grand Bahama Shipyard has terminated 27 workers, including several long-serving managerial staff, due to a further slump in business caused by the COVID-19 pandemic.
VAT cut’s ‘modest’ jobs, growth effect
Cutting the VAT rate to 10 percent will cause “only slight improvement” in job creation and economic growth, a University of the Bahamas (UoB) study asserts, while advocating it still “be pursued’.
Activist: Disney ‘first test’ for Gov’ts words, actions
Activists yesterday said Disney’s Lighthouse Point project will be “the first test” for the Davis administration when it comes to “matching words” in Opposition to “actions” when in government.
‘This boom has legs’
Palm Cay’s developer is planning to invest a further $100m in accelerating its build-out by exploiting surging real estate demand, its top executive saying yesterday: “This boom has got some legs.”
NHI: ‘We’re going where no man has gone before’
The Chamber of Commerce’s top executive yesterday said it was “critical” to get National Health Insurance (NHI) right first time, adding: “We’re going where no man’s gone before.”
Bahamas has region’s ‘most productive’ VAT
The Bahamas has the most productive Value-Added Tax (VAT) regime in the Caribbean, an IMF paper yesterday holding out its ‘low rate, broad base’ structure as a model for the entire region.
Bahamasair in schedule slash to contain losses
A Cabinet minister yesterday said Bahamasair is examining how to combine flights and slash schedules to contain losses that will inevitably “go up” amid the coronavirus pandemic. Dionisio D’Aguilar, minister of tourism and aviation, told Tribune Bus
NPBA: UB Mingoes, Elite make it to the win column
THE University of the Bahamas Mingoes and the Basden Elevator Elite won their games in the New Providence Basketball Association’s double header at the AF Adderley Gymnasium on Monday night.
Hurricane season ‘could be quietest since 1997’
IF newly updated weather projections hold true, this year’s Atlantic Hurricane Season would be the least active period since 1997, according to international weather experts.
Buddy Hield named ‘Player of the Week’ in the Big 12 again
FOR the second time in what is becoming an illustrious career for the Oklahoma Sooners, junior guard Buddy Hield was named the “Player of the Week” in the Big 12 conference.
Bahamas routs Antigua 109-71 in CBC U-16 opener
TEAM Bahamas served notice to the remainder of the field and immediately staked their claim as a contender at the Caribbean Basketball Confederation Championships.
Fredrick King and Bluejays sweep Summer of Thunder
Bahamian Fredrick King and his Creighton Bluejays men’s basketball team have completed their mission here with a three-game sweep of their matches played this week in the Bahamas Basketball Federation’s Summer of Thunder.
