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Referendum leaves Bahamas exposed to laundering sanctions
THE Bahamas remains exposed to potential international sanctions over illegal web shop gaming as a result of Monday’s referendum, the ‘Yes’ vote campaign co-ordinator wartned yesterday.
It's time to dig out the jerry curl wigs!
JUST about every week different parties and events are hosted on the island, but very few offer fun for the ‘mature’ partygoer. One promotion company seeks to fill that void by presenting more events that will cater to the more mature crowd.
Bahamas is most expensive Caribbean cruise location
The Bahamas is the most expensive Caribbean destination for the cruise ship industry, a newly-released survey revealing that it spent 78.3 per cent more in this nation than anywhere else in the region.
Power back on in more than half of homes
BAHAMAS Power and Light Ltd (BPL) has restored electricity to just over 50 per cent of its customers in New Providence and has “substantially completed restoration” in the Family Islands, however officials said last night that given the level of damage from Hurricane Matthew they are unable to give an exact date for full restoration.
Oil opponents: BPC gives us ‘no choice’
OIL exploration opponents last night said they have “no choice” but to apply for an injunction halting Bahamas Petroleum Company’s (BPC) activities as its drilling ship began its voyage to this nation.
Realtor: 'Tale of two markets' means 90% of buyers high-end
A well-known realtor yesterday said his reliance on luxury international purchasers has grown to 80-90 per cent of his sales, telling Tribune Business: “It’s almost like the Bahamian buyer has disappeared.”
New PI super yacht marina 80% booked
PARADISE Island’s newly-opened Hurricane Hole super yacht marina is over 80 percent booked, its principal developer says, with the wider $250m project moving forward at a brisk pace.
Port licensees' 'left at mercy' of Customs
By NEIL HARTNELL Tribune Business Editor The Supreme Court has left Grand Bahama Port Authority (GBPA) licensees and their $80-$120 million 'bonded economy' "without any recourse" against alleged Customs abuses, a leading QC telling Tribune Business he w
DPM: Crime coverage woe ‘losing momentum’
THE Deputy Prime Minister yesterday voiced optimism that damaging media coverage of The Bahamas is “losing momentum” with major resorts reporting peak winter occupancies “in excess of 80 percent”.
Cable predicting 130% profit growth to 2018
Cable Bahamas is forecasting that net income will increase by 130 per cent over the next five years as a result of its Florida expansion, with its US interests ultimately accounting for one-third of its bottom line.
Don’t gamble away the legal profession
Do you consider yourself a gambler? Opening the Bahamian legal system to foreign law firms is just that: A gamble. There is only a small chance (20 per cent, give or take) that opening the legal system to foreign law firms will drastically increase offshore financial services bsiness for the Bahamas.
Regulators top Pros, Elites beat Stampers
THE New Providence Basketball Association continued its regular season action at the AF Adderley Gymnasium on Monday night with the Elites Basketball Club and the Leno Regulators winning the double header.In the opening game, the Elites Basketball Cl
Recycling facility to be built at landfill site
RENEW Bahamas has formally announced plans to build and manage the nation’s first materials recycling facility at the Harrold Road landfill site.
GDP boost from raising Bahamas' 60% Net access
GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said
GDP boost from raising Bahamas' 60% Net access
GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said
Jonquel Jones selected for WNBA Skills Challenge ahead of All-Star game appearance
IN addition to playing in the Women’s National Basketball Association (WNBA) All-Star game, Bahamian Jonquel Jones from Grand Bahama has also been selected to participate in Saturday’s WNBA Skills Challenge.
Bahamas 6th overall in Caribbean Golf Classic
THE Bahamas finished sixth in the race for the George Noon Cup in the 24th Caribbean Golf Classic, hosted at the Westin Puntacana Resort and Club in Punta Cana, the Dominican Republic.
BTC to 'exceed' $60- $80m earnings goal
BTC to 'exceed' $60- $80m earnings goal By NEIL HARTNELL Tribune Business Editor The Bahamas Telecommunications Company (BTC) will beat its $60-$80 million operating income projections for 2012 after generating cost savings faster than anticipated, alth
Cable's $100m issue to slash debt costs
Cable Bahamas is aiming to slash interest costs by up to two percentage points via its $100 million preference share restructuring, revealing to Tribune Business yesterday that its Florida and local growth initiatives are “on plan”.
Team Bahamas wins Co-Ed Slow Pitch World Cup
THEY had some distractions before they left and they almost completed a perfect trip through the tournament. But nobody can argue that the Bahamas Government Departmental Softball Association’s 25-member team will be returning home today as the champions of the 2015 WBSC Co-Ed Slow Pitch Cup in Plant City, Florida.
