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BTC to invest $20-$30M to bring NGN 'to market'

THE Bahamas Telecommunications Company (BTC) expects to be “well positioned” to win back market share in the fixed-line Internet broadband market via its Next Generation Network (NGN), the company’s chief executive telling Tribune Business it will invest a further $20-$30 million “to bring it to market”.

Investor group eyeing $20-$30m water sales

Investor group eyeing $20-$30m water sales By NEIL HARTNELL Tribune Business Editor The investor group that acquired the former Bacardi plant believes its ECH2O bottled water brand can generate $20-$30 million in annual sales in five to six years time,

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Immigrants expected to head for home

A MASS exodus of Haitians from the Bahamas has been predicted after $20 billion of precious metals was discovered in the impoverished country.

Used car dealer absorbing 50% of price hikes

A Bahamian used car dealer yesterday revealed just 50 percent of the price hikes he has experienced on Japanese vehicles have been passed on to local consumers.

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WTO to impact 20% of economy

THE Government will forego $40m in revenue under its first World Trade Organisation (WTO) offer, its chief negotiator suggesting that accession will impact just 20 percent of the economy.Zhivargo Laing, pictured, a former minister of state for financ

‘Financial constraints’ hit $20m harbour repair

The Port Department’s “financial constraints” are preventing it from carrying out a $20 million repair to Nassau harbour’s breakwater, and threatening to undermine operations at the Caribbean’s most efficient report.

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Moss, Armbrister turning heads on the hardwood

BAHAMIAN female basketball players at the collegiate level have had an immediate impact with their respective clubs, winning a series of early season accolades.

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Triathlon champions are crowned at Jaws Beach

JORGE Marcos and Anna Zywiolek became the first champions crowned in the Bahamas Triathlon Association’s National Champions for Triathlon in the sprint distance over the weekend.

OECD urged G-20 to press Bahamas over tax exchange

The world’s most powerful nations were earlier this year urged to pressure the Bahamas into agreeing to the multilateral approach for automatic tax information exchange, something it has so far resisted.

Gov't targeting 20% procurement savings

The Government is targeting savings of up to 20 per cent through planned public procurement reforms, while aiming to annually award the same percentage value to Bahamian small businesses.

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Rising Soccer stars get the chance of a lifetime

THREE young soccer players have capitalized on the opportunity of a lifetime and begun a path toward a professional career with an international club.

Clubs and Societies: 07222016

Cycling Club Bahamas. - Weekday rides, east, morning, Tuesday & Thursday leaving 5am sharp from Sea Grapes Shopping Centre, East Prince Charles Drive.

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65-member CARIFTA team named

FOLLOWING its final trials over the weekend, the Bahamas Association of Athletic Associations has released a list of 65 athletes named to the team that will represent the Bahamas at the 2017 Carifta Games in Curacao over the Easter holiday weekend.

Top KYC ranking ‘important defence’ against G20/OECD

An author of the report that placed the Bahamas among eight nations with a 100 per cent perfect Know Your Customer (KYC) compliance record yesterday told Tribune Business that the findings “should be an important defence” against further G-20/OECD attacks on this nation.

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Cornish pleads not guilty to charges of rape, assault and death threats

NORTH Abaco MP Kirk Cornish yesterday denied accusations that he raped, assaulted and threatened to kill a woman earlier this year.

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Three accused over armed robbery

THREE men including a teenager were yesterday arraigned in Magistrate’s Court in connection with an armed robbery offence. Teniro Minnis, 20, stood before Magistrate Samuel McKinney on one count each of armed robbery, possession of an unlicensed fir

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‘Why are wedding restrictions still not relaxed’

ORGANISERS of the annual Bahamas Bridal Show are upset that COVID-19 restrictions on the wedding industry have not been relaxed, saying they have got no answers from the competent authority on the matter.

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UPDATED: Man shot dead on Mount Royal Avenue

POLICE are investigating the murder of a young forklift operator at Mount Royal Avenue early on Friday morning.

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Man in court on unlawful sex charge

A 20-year-old man was remanded to the Bahamas Department of Correctional Services after being accused of having sex with a woman against her will when they were both teenagers.

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Pair charged with armed robbery

A MAN and teenager were yesterday charged in the Magistrate’s Court with armed robbery.