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$500M REVENUE RISE NO FISCAL GAP BRIDGE
By NEIL HARTNELL Tribune Business Editor The Government's annual fiscal deficit averaged more than $170 million during the 2002-2008 'economic boom' years despite an almost $500 million rise in revenues over that period, showing that reining in out-of-co
Sands confirms imported child measles case
HEALTH Minister Dr Duane Sands confirmed another imported case of measles in a three-year-old tourist on Tuesday. Speaking to reporters outside of Cabinet, Dr Sands said the Ministry of Health has continued with its vaccination programme to combat t
Briland: Cruise tourism ‘disaster waiting to happen’
More than 99.4 percent of existing and potential Harbour Island visitors have made it “crystal clear cruise tourism is a disaster waiting to happen” for the destination, a hotelier warned yesterday.
Bahamas 5th at FIBA Centrobasket Championship for women
WITH a pair of wins against Costa Rica, the Bahamas finished fifth at the 2018 FIBA Centrobasket Championship for women and missed qualification for the FIBA Women’s AmeriCup 2019.
Ayton and Suns take 2-0 lead
PHOENIX (AP) — Chris Paul scored 28 points, including 14 in another spectacular fourth quarter, to lead the Phoenix Suns over the Dallas Mavericks 129-109 last night for a 2-0 lead in the Western Conference semifinals.
AJ Storr suits up for Red Storm in Big East
FOUR star freshman guard AJ Storr leads a highly touted incoming class expected to propel the St John’s Red Storm back into contention of a competitive Big East Conference.
UB Mingoes men’s basketball team opens the season with losses
UNIVERSITY PARK, Illinois – The University of The Bahamas Mingoes men’s basketball team lost both games at the Governors State University Jaguars Tip-Off Classic over the weekend.
Chamber chief: ‘Don’t get sidetracked’ over investor confidence
The Grand Bahama Chamber of Commerce’s president yesterday urged the Government “not to get sidetracked” by the furore over the Prime Minister suggesting investor confidence is “waning”.
97 new cases of COVID-19 reported on Thursday
The Ministry of Health reported that there were 97 new cases of COVID-19 on Thursday, with two more deaths under investigation.
Exchange rate was 'never in jeopardy'
The Bahamas’ $838 million foreign currency reserves “are in line” with both their internationally-recognised adequacy benchmarks, the Central Bank of the Bahamas governor yesterday saying the one:one US dollar peg was “never in jeopardy” over the past decade.
'VAT holiday? Who's buying uniform for virtual school?'
Retailers are not enthused about the back to school value added tax (VAT) holiday set to run from August 31 to September 20.
Getting caught in the VAT net
Value-Added Tax (VAT) is a levy on profit in terms of the difference between the input cost and the amount billed. The Bahamian model is still evolving. No doubt, there will be more exemptions and exceptions. That said, we will undoubtedly be implementing it. The only doubt is when this will happen.
Governor pledges to tackle private sector’s ‘pain spot’
The Central Bank’s governor yesterday pledged to tackle the “pain spot” suffered by many Bahamian companies over the difficulties encountered in opening bank accounts.
Baha Mar staff funds deposited
THE MONEY allocated to pay Baha Mar workers and unsecured creditors has been deposited by the Export-Import Bank of China (CEXIM), according to Claims Committee Chairman James Smith, who yesterday maintained that non-staff claims will be processed as “pay as you go until you run out”.
Pitcher Tahnaj Thomas invited to MLB spring training
TAHNAJ Thomas achieved another career milestone in the Pittsburgh Pirates organisation and is one of the club’s non-roster invitees to major league Spring Training in Bradenton, Florida.
Gov't aims to 'get Bahamasair back' into Treasure cay
The Government is trying to “get Bahamasair back in” to service Treasure Cay, the minister of tourism describing the carrier as “critical” to increasing airlift and connectivity to the Family Islands.
Bahamas Showcase: Catamounts get 66-64 win over Norsemen
THE University of Vermont Catamounts made history, becoming the champions of the initial Bahamas Showcase with a 66-64 victory over the Northern Kentucky Norsemen.Most valuable player Trae Bell-Haynes, who finished with 19 points, canned the game-win
Mortgage approval rate drops to 43%
MORTGAGE loan approval rates have been slashed in half to 42.6 per cent in just two-and-a-half years, highlighting the commercial bank retreat from the vital Bahamian housing market.Data produced by the Central Bank of the Bahamas’ research departmen
Pro basketball player Zane Knowles signs with new club
ZANE Knowles will continue his career in Bulgaria’s National Basketball League.
'Ace' plays high stakes card in tribute to his old friend
Broadcaster Anthony “Ace” Newbold pulled no punches as he paid tribute last week to Edmund Spencer Moxey, his friend of 30 years, whose dream for his people was cruelly smashed by his political colleagues in 1987.
