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$10m Port IPO hits the road
The roadshow for Arawak Cay Port Development's (APD) $10 million initial public offering (IPO), which kicked off last week, has received significant public interest, the company says. APD began the meetings at the Harry C Moore Library in Nassau, and the
Bank: road money is running out
Bank: road money is running out By SANCHESKA BROWN Tribune Staff Reporter sbrown@tribunemedia.net THE $129 million the Inter American Development Bank provided for the New Providence Road Improvement Project will be depleted by the end of the month, ac
Bank: road money is running out
Bank: road money is running out By SANCHESKA BROWN Tribune Staff Reporter sbrown@tribunemedia.net THE $129 million the Inter American Development Bank provided for the New Providence Road Improvement Project will be depleted by the end of the month, ac
$110m collected in VAT in first three months
THE government has collected $110m in value added tax payments during the first three months of the year, Prime Minister Perry Christie told the House of Assembly yesterday.
Matthew gives Bahamas $300m reinsurance boost
The Bahamas Insurance Association’s (BIA) chairman has estimated that this nation will benefit from a $300 million foreign currency inflow from reinsurers as a result of Hurricane Matthew.
New Fresh Market 'beats' predecessor's first day sales
AML Foods yesterday said its new Solomon’s Fresh Market store at Harbour Bay exceeded the first day sales achieved by its western New Providence counterpart, its chief executive anticipating that a further five-10 staff will need to be hired.
EDITORIAL: The long battle to defeat HIV/AIDS
THE end of the AIDS epidemic is in sight?
Special honour for 'Sea Wolf'
At 95 years of age, Sir Durward “Sea Wolf” Knowles has received just about every accolade that he can get.
Richardson and Giants clinch the first postseason berth
Antoan Richardson and the San Francisco Giants were excluded from the MLB 2020 playoffs following a heartbreaking loss in the regular season finale, but left nothing to chance this season as they became the first team to clinch a postseason berth for the 2021 postseason.
Gov't urged: 'Don't lose eyes on small business present'
The Government was yesterday urged “not to lose eyes for the prize” in reinvigorating the Bahamian small and medium-sized business sector, a well-known consultant disclosing that long-awaited reforms were likely to be implemented in the New Year.
James, Heat escape with 97-93 win over Bulls
By TIM REYNOLDS AP Sports Writer MIAMI (AP) -- The odds had to overwhelmingly be in Chicago's favor. Down by a point with 22.7 seconds left, with Derrick Rose heading to the line to shoot a pair of free throws. The reigning NBA MVP. He was a perfect 29 fo
PM 'will not take 90 days for vote'
PM 'will not take 90 days for vote' By AVA TURNQUEST Tribune Staff Reporter aturnquest@tribunemedia.net PRIME MINISTER Hubert Ingraham yesterday said he does not plan to "take advantage" of the 90-day period available to him after the House of Assembly
PM 'will not take 90 days for vote'
PM 'will not take 90 days for vote' By AVA TURNQUEST Tribune Staff Reporter aturnquest@tribunemedia.net PRIME MINISTER Hubert Ingraham yesterday said he does not plan to "take advantage" of the 90-day period available to him after the House of Assembly
Atlantis to add 192 jobs 'within a week'
Atlantis is adding 192 new jobs “within a week” through the opening of Olives Restaurant and expanded high-end casino lounge, its top executive yesterday disclosing the resort was eyeing July-August occupancies in the mid-high 80 per cent range.
‘They wanted Gov’t to buy the Grand Lucayan twice’
The Grand Lucayan’s ex-chairman yesterday said the Government would “effectively have been buying the hotel a second time” had it agreed to Royal Caribbean and ITM Group’s demand it finance 95 percent of the $50m purchase price.
Nassau/PI hotels ‘soon can’t take anyone else’
Nassau and Paradise Island hotels will “soon reach the point where we can’t take anyone else”, a senior tourism executive has warned, with room shortages driving “unheard of” March occupancies.
BISX-listed Fund eyes restart for dividends after 15-year gap
The BISX-listed Bahamas Property Fund’s Board will within the next month receive a recommendation to resume investor dividend payments after a 15-year hiatus following completion of its $8m preference share financing.
$2bn current deficit not so problematic
The Bahamas’ annual $2 billion current account deficit is “not as fickle” as many outsiders think, a former finance minister yesterday pointing out that this was traditionally balanced by foreign capital inflows.
Knights hold seven point lead
THE defending champions CR Walker Knights hold a slim seven-point lead over the CV Bethel Stingrays going into the final day of competition in the senior segment of the Government Secondary Schools Sports Association’s Track and Field Championships.
Cruise visitors bring $45M to Grand Bahama
FREEPORT – An estimated $45.8 million was spent by cruise visitors in Grand Bahama in 2011, according to a cruise visitor report released this July by the Ministry of Tourism’s Research and Statistics Department.
