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Deflation in the East
ActivTrades
Everyone in The Bahamas is feeling the rising cost of goods, energy and transportation. No matter if you visit the food store, turn on your AC or fuel up your car, you are paying more for these necessities than compared to the previous year. But the inflation rate in the islands is decreasing, and went down from 3.1 percent to 2.3 percent when compared to last year.
Man denies using fake cheques to defraud businesses
A 32-year-old man who denied using fraudulent insurance cheques to defraud three businesses will appear before a magistrate next year to determine whether he will be granted bail before his trial.
Air conditioning unit thieves must pay up or cool off in prison
THREE men who admitted to stealing two air conditioning units and posting them online for sale at a reduced price were ordered to pay fines of a combined total of $4,000 or risk spending six months in prison.
Jones posts 17pts, 12 rebounds, 2 blocks
IN the midst of contract negotiations with the Connecticut Sun during WNBA free agency, Jonquel Jones continues her series of dominant performances in the Russian Premier League.
Sports in brief
THE New Providence Basketball Association resumed its regular season play at the CI Gibson Gym over the weekend after taking a break for the Christmas holiday.
Granger scores 25 as Pacers cool down the Heat 105-90
By CLIFF BRUNT AP Sports Writer INDIANAPOLIS (AP) -- Welcome to the spotlight, Indiana Pacers. While the Dwight Howard contract saga in Orlando, the emergence of Jeremy Lin in New York and team success in Chicago and Miami grabbed attention in the Eastern
‘Great’ if quarterly VAT filers achieve 80-90% compliance
A top Ministry of Finance official believes the compliance rate for quarterly Value-Added Tax (VAT) filers will “not be as high” as that for larger companies, suggesting an 80-90 per cent level would be “great”.
Buddy vs Tavario in Sweet 16
FOR the second consecutive year, the NCAA Tournament’s Sweet 16 features an unlikely matchup of two Bahamian players facing each other on the biggest stage in college basketball.
Cybots and Giants trail 2-1 in NBPA semi-finals
DESPITE going in opposite directions at the AF Adderley Gymnasium on Monday night, Mail Boat Cybots and Commonwealth Bank Giants find themselves in the same position in the New Providence Basketball Association men’s semi-final playoff series.
Coca-Cola goes for gold in Rio Olympics with the global #thatsgold campaign
AS the clock ticks down to the opening ceremony of the Rio 2016 Olympic Games, Coca-Cola has its eyes set on celebrating gold – but not just the gold found on top of the world’s most elite podium.
Ayton and Suns tie series 2-2
Deandre Ayton had his fourth consecutive double double in the 2021 NBA playoffs and his Phoenix Suns evened their best-of-seven round one series against the Los Angeles Lakers.
Grant and Thunderwolves headed to Ontario University Association semi-finals
LEASHJA Grant and her Lakehead Thunderwolves are headed to the Ontario University Association semi-finals.
Bank unable to recover 95% of VAT ‘inputs’
Commonwealth Bank yesterday predicted it would be unable to recover 95 per cent of its Value-Added Tax (VAT) input payments, given that ‘exempt’ revenue streams form the bulk of its income.
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.
Breezes High Flyers top Aliv 95-86
THE New Providence Basketball Association got its best-of-five semi-final playoffs started at the AF Adderley Gymnasium over the weekend and there were no surprises in the outcome of the games played.
BAISS senior girls soccer season kicks off
THE Bahamas Association of Independent Secondary Schools (BAISS) senior girls soccer season kicked off yesterday with some very competitive matches taking place across the island.
Bahamian named Canada Research chair for ‘Internet of Things’
OCAD University in Toronto has named Bahamian Dr Alexis Morris, Assistant Professor of the Faculty of Liberal Arts & Sciences, as one of two Tier 2 Canada Research chairs.
New AC Systems being installed at PMH
THE installation of six 7.5 tons split HVAC units has begun at the Princess Margaret Hospital.
UB Mingoes cut down The Mambas 82-65
IF the University of The Bahamas Mingoes season opener is any indication of how strong the team is going to be this season, then the rest of the league should watch out.
Chavez Young sidelined with injury in Australia Baseball League
AFTER several delays to the start of the Australian Baseball League, Chavez Young finally had an opportunity to make his debut, but following an injury in his first at bat, the switch hitting outfielder has been sidelined.
