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Bimini casino gains 'double tax break'
Resorts World’s $150 million Bimini expansion project is set to benefit from a ‘double casino tax break’, after the Government permitted it to deduct airport and island infrastructure upgrade costs from these payments.
Receivers set aside $3m for Baha Mar preferential claims
Baha Mar’s receivers have set aside $3 million to pay potential preferred creditors of 17 companies that formed the ownership structure created by original developer, Sarkis Izmirlian.
Tech issues stall new betting tax
Bahamian gamblers will enjoy a two-month reprieve from the budget’s twin five percent levies because they are “not as easy and straightforward” to implement as the government thought.
Nassau/PI resorts in booking rebound
Bahamian resorts say they have already begun to see bookings rebound post Hurricane Irma, with one executive predicting an even bigger boost as travellers re-book.Ed Fields, Atlantis’s senior vice-president of public relations, told Tribune Business:
Munnings and Oliveirense even quarterfinals series
TRAVIS Munnings and his UD Oliveirense club evened their Liga Portuguesa de Basquetebol (LPB) quarterfinals series in thrilling fashion.
Buddy Hield and Sooners into 'Sweet 16'
ONE of the most popular sporting events in America, the NCAA Men’s Basketball Championship tipped off with several Bahamian players figuring prominently in the first two rounds.
Benchmark: ‘We’ve turned the corner’
A BISX-listed company yesterday expressed optimism it has “turned the corner”, its principal adding that its settlement with US federal regulators did “not stipulate” the instant redemption of its $5 million preference share capital.
Atlantis eyes 10% growth in rates
THE Atlantis resort expects to be at full occupancy for Thanksgiving weekend with bookings being driven by its Battle 4 Atlantis tournament, Kerzner International spokesman Ed Fields telling Tribune Business yesterday that the resort’s rates were up about 10 per cent year-over-year.
Shipyard hosts fishing contest
Shipyard hosts fishing contest By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT - The Grand Bahama Shipyard announced plans for its second annual fishing tournament on March 10 at the Grand Bahama Yacht Club. Ed Pavey, d
Shipyard hosts fishing contest
Shipyard hosts fishing contest By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT - The Grand Bahama Shipyard announced plans for its second annual fishing tournament on March 10 at the Grand Bahama Yacht Club. Ed Pavey, d
Shipyard hosts fishing contest
Shipyard hosts fishing contest By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT - The Grand Bahama Shipyard announced plans for its second annual fishing tournament on March 10 at the Grand Bahama Yacht Club. Ed Pavey, d
Lady Nathalie caught despite head start
NOT even an 11-minute head start was enough for the Lady in Red, Lady Nathalie to hold off the A Class boats in the Annual “Catch Me If You Can” St Valentine’s Massacre in Montagu Bay over the weekend.In the special challenge race on Sunday, the B Cl
$25k prize to break vaccine hesitancy
PEOPLE who receive their first vaccination shot between December 13 and December 31 will be eligible to win a $25,000 cash prize.
Stopover visitors off 100,000 for January
The Bahamas saw January visitor arrivals fall by more than 100,000 or 84 percent, a Cabinet minister disclosed yesterday, with COVID travel protocols set to remain until vaccination levels hit 80 percent.
Providence Basketball Classic heats up on day 2
The Providence Basketball Club moved into day two of its holiday tournament yesterday featuring 16 of the top senior boys’ basketball programmes throughout the island nation.Hosted at the DW Davis Gymnasium, the tournament continues at 1pm today.Aqui
Sports Notes
THE New Providence Basketball Association continued its regular season action on Monday night at the AF Adderley Gymnasium with the College of the Bahamas Caribs and the PJ Stingers winning the double header. While the Caribs stunned the Double R Services Cleaners 81-63, the Stingers out-scored the Island Game Pros 101-95.
VAT 'recipe for disaster' with no Contractor Bill
A Bahamian contractor said yesterday that levying 7.5 per cent Value-Added Tax (VAT) on the sector without first passing the Contractors Bill would be a “recipe for disaster”, telling Tribune Business: “We are in no manner, shape or form prepared for this.”
BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has
BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has
