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'Minnis can shut country but not escape oil deal?'
Bahamas Petroleum Company's (BPC) oil drilling ship will this morning likely face "a welcoming committee", as one activist charged: "The PM can shut the country down but not get out of a bad oil deal?"
Getting set to run for Pompey
IN trying to bolster the country’s sports tourism calendar and add more of a historical flare to National Heroes Holiday, BAF Financial and Insurance Limited announced plans for the inaugural Run for Pompey race weekend scheduled for October in Exuma.
Cotton Bay revival targeting $12m yearly wage, tax boost
REPRESENTATIVES of the developer behind the Cotton Bay Club’s $200m revival have forecast that the project will generate an annual $12m economic impact in wages and taxes alone when fully operational.
Minister touts other tech hub investors
A government minister yesterday replied to concerns raised by the original Grand Bahama technology hub investor by pointing to other companies attracted to the island. Senator Kwasi Thompson, minister of state for Grand Bahama, used his 2019-2020 bu
Bahamas faces high risk economic ‘roller coaster’
The Bahamas will be on an economic “roller coaster for a significant period of time” as the US Federal Reserve and other central banks take swift action to combat inflation, a local banker warned yesterday.
‘Fiscal hesitancy’ fear for Bahamas
A senior Caribbean financial services executive yesterday voiced concern that The Bahamas and other tourism-dependent states will suffer from “fiscal policy hesitancy” in addressing soaring post-COVID debt.
Govt defending ‘sole source’ Customs app
A top Ministry of Finance official yesterday defended the decision to accept a “sole source” bid for the app that now allows persons to file their Customs declarations electronically prior to arrival in The Bahamas.
Mobile commerce provider at 100,000 download mark
A Bahamian mobile commerce provider says its app has hit the 100,000 download mark through local businesses increasingly using the platform to drive digital sales.
FNM constituency association regrets picking Chipman
The Free National Movement’s Centreville Constituency Associationregrets backing Reece Chipman’s nomination for Parliament and will not recommend he be re-nominated in 2022, association chairman Juan Cartwright told The Tribune yesterday.
Feedback 'very light' over BISX rules changes
The Bahamas International Securities Exchange’s (BISX) chief executive yesterday said market feedback on its proposed rules changes has been “very light” ahead of the results being submitted to regulators later this month. Keith Davies told Tribune
Ragged Island renewable electrical grid to be completed this year
THE construction of the electrical grid set to bring renewable energy to storm-ravaged Ragged Island is set to be completed this year.
Credit unions brace for ‘heightened oversight’
The Central Bank has pledged that credit unions will be subjected to “heightened oversight” because they have “very minimal excess capital” with which to withstand a surge in COVID-related loan delinquencies.
'Resounding no' to Business Licence filing extension call
The Government was yesterday said to have rejected calls to extend the Business Licence filing deadline despite multiple companies complaining they were unable to access its online tax payment portal.
Grand Bahama gets ready for NACAC Championships
THE Grand Bahama Sports Complex in Freeport has undergone a facelift and significant improvement in preparation for the North American, Central American, and Caribbean Athletic Association (NACAC) Championships set for August 19 to 21.
Jonquel Jones leads Colonials to 78-70 victory over Villanova
GRAND Bahamian Jonquel Jones scored 23 points and graduate student Lauren Chase had a season-high 21 to lead the George Washington women’s basketball team to a 78-70 victory over Villanova at the Charles E Smith Center on Sunday.
Cybots top Pros 81-73, Cheetahs stop Cybot Queens 62-58
IT was a double header in night league basketball action this week with games in both the men’s and women’s leagues.
Credit union’s $1m wind-up nears end
More than two-thirds of the cheques representing outstanding funds owed to hundreds of the One Eleuthera Cooperative Credit Union’s (OECCUL) members were signed over the weekend, its liquidator confirmed yesterday.
Fishermen suffer 45% drop in crawfish price
BAHAMIAN fishermen suffered a 45 percent price drop during the now-closed crawfish season, it was disclosed yesterday, although strong catch volumes offset some of the fall caused by market “overcorrection” and higher global supply.
Distillery 'overjoyed' at February re-open
A prominent Bahamian distillery and tourist attraction yesterday said it was "overjoyed" to have re-opened last week after being closed for nine months due to COVID-19 and associated restrictions.
Back to school VAT holiday 'still on table'
The deputy prime minister said that the back to school value added tax (VAT) tax holiday is “absolutely” still on the table to help citizens during this difficult times brought on by the COVID-19 shutdown.
