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Tourist shoppers: VAT refund to fall to 85%
Visiting duty-free shoppers will be refunded 85 per cent of their Value-Added Tax (VAT) payments from July 1 this year, when the Government’s private sector contractor takes over management of the process.
Tum Tum back on the court after a month out
Exactly a month after he was sidelined due to injury, Lourawls, “Tum Tum” Nairn Jr made his return to the court for the No 8 ranked Michigan State Spartans.
Time for jobs, Dr Minnis
CONTROLLING corruption does not create jobs and jobs-jobs-jobs is what the people who want jobs want to hear - where are they, Mr Minnis?
BPL studying 19 bids from power generators
NINETEEN firms have submitted bids to provide 80 megawatts of power to Bahamas Power & Light (BPL).
BISX-listed firm guarantees its broker’s solvency
A BISX-listed company has been forced to guarantee its main subsidiary’s financial solvency, after it failed to meet the Securities Commission’s minimum $300,000 capital requirements.
$80m Baha Mar funds may have been ‘killed’
The $80 million financing facility created by Sarkis Izmirlian to cover Baha Mar’s Chapter 11 operating expenses may have effectively been ‘killed at birth’ by the outcome of yesterday’s Supreme Court hearing, Tribune Business can reveal.
Scotiabank: $80m mortgages restructured in 18 months
Scotiabank (Bahamas) yesterday disclosed it had managed to restructure more than $80 million worth of mortgages, held by over 500 customers, within the last 18 months, telling Tribune Business just 5-6 per cent of that number had fallen back into delinquency.
Fourteen Clubs Golf Academy hosts first event of 2024
While many were enjoying the festivities on Majority Rule Day, juniors along with adults participated at the third Front 9 Golf Tournament Series drive, chip and putt event at the Bahamas Golf Federation’s Practice Facility.
Junior golfers take home national amateur titles
HEATHCLIFF Kane and Anne Fernandez emerged as the Bahamas Golf Federation’s 2021 National Amateur Golf Championships’ male and female champions.
GB power lays-off 19 over steam phase-out
Grand Bahama Power Company yesterday made 19 staff redundant as part of a restructuring designed to “retire” its steam generation plant, a senior executive telling Tribune Business the engines at its new $80 million power plant were up to four times’ more efficient.
Bimini ferry brings 40k in three months
Resorts World Bimini yesterday said its Miami ferry service had brought 40,000 persons, or 80 per cent of its normal annual visitor numbers, to the island in just three months.
Mr Prime Minister, is this not victimisation?
URBAN RENEWAL, the PLP’s solution to most of the country’s ills, has many Bahamians confused as to what it really is.
$4.5m hall to accommodate 80 students in Grand Bahama
THE opening of the $4.5m Hawksbill Hall at the University of The Bahamas’ northern campus marks the transition of the Grand Bahama institution from a commuter campus to a residential one, providing accommodations for over 80 student residents. Dep
Internet gives 30% boost for Bahamian tourism forecasts
The Bahamian tourism industry’s ability to accurately predict visitor arrivals trends increases by 30 percent if it incorporates Internet search data into its forecasts, an IMF paper has revealed. The report Where should we go? Internet searches and
GDP boost from raising Bahamas' 60% Net access
GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said
GDP boost from raising Bahamas' 60% Net access
GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said
Over-65s invited to take COVID vaccine
VACCINATION sites across New Providence will have the capacity to vaccinate over 2,000 people daily once the country has enough supplies, according to the National COVID-19 Vaccine Consultative Committee Deputy Chair Ed Fields.
South Andros men win opener
South Andros won the opener of the Bahamas Basketball Federation’s 2014 Bunny Levarity Basketball Tournament at the AF Adderley Gymnasium last night. But Bimini gave them all they could handle.
Bahamas secure hard-fought win over Panama
THE Bahamas men’s national team played with a lot of heart and grit right to the end, securing a hard fought 83-79 victory over Panama in the first of two games at home this weekend as the FIBA Americas World Cup Qualifier continued Friday night at the Kendal Isaacs Gymnasium.
Sandals eyes $1m in storm repairs
SANDALS Royal Bahamian’s general manager yesterday estimated the resort would spend just under $1 million to carry out repairs to areas damaged by Hurricane Sandy, telling Tribune Business that its occupancy levels were near 80 per cent at the time of the storm.
