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Web shop industry: 2,000 jobs will be lost due to tax hikes
The web shop industry yesterday warned that 2,000 jobs will be lost, and 75 per cent of its locations will close, if the Government follows through with aggressive triple-digit tax hikes.
Deputy PM calls on developed nations to tackle climate change
THE developed world must partner with The Bahamas and other small island developing states to enhance their resilience to and address the negative impacts of climate change on these island-nations, if “we truly believe” that the polluter must pay, Deputy Prime Minister and Minister of Works and Urban Development Philip “Brave” Davis said.
Conquerors, Crimestoppers pull off victories in NPBA
THE Police Crimestoppers and the Woodside Petroleum Conquerors both pulled off victories Tuesday night as the New Providence Basketball Association continued its regular season at CI Gibson Gym.
Oil opponents to Gov't: 'Come to your senses'
Oil exploration opponents yesterday voiced hope that the "big deal" of support from around 80 international sources would "make the Government come to its senses before it is too late".
Insurers ‘watching’ for NHI regulations
The Government has yet to publish the regulations that will govern the National Health Insurance (NHI) scheme, with Bahamian insurers yesterday said to be “watching the landscape” ahead of the planned $100 million primary care phase roll-out.
PM: 20% hotel vacancy cut to hit jobless goal
The prime minister yesterday argued his six percent unemployment rate goal can be achieved by increasing average occupancy rates at existing Bahamian hotels by 20 percentage points. Dr Hubert Minnis, telling the House of Assembly that his ambitious
Etienne fast becoming the next Bahamian high jumper to watch
JYLES Etienne is fast becoming the next Bahamian male high jumper to watch.He’s coming off the Big Ten Athlete of the Week after the Indiana University’s junior posted a personal best and meet record of 2.23 metres or 7-feet, 3 3/4-inches at the Hoos
Govt spending rise ‘doesn’t give comfort’ on fiscal correction
The Government’s increased spending is “giving little comfort” that the Bahamas can correct its fiscal imbalances, the Chamber of Commerce’s chairman warned yesterday.
Jones rejoins powerhouse in Russia
JONQUEL Jones rejoined Russian Premier League powerhouse UMMC Ekaterinburg this WNBA offseason as the team looks to repeat as EuroLeague champions.
Electric vehicle 'playing field' uneven through 80% tariff
A BAHAMIAN importer/distributor yesterday urged the new government to use its upcoming Budget to create a 'level playing field' for electrical scooters, telling Tribune Business the existing 80 per cent import tariff made the product "uncompetitive".
Jones sets season high 17, Hunter has career high 11
BIG nights from Kai Jones and Sammy Hunter en route to résumé building wins for their programmes highlighted Bahamian student athletes in NCAA Division I basketball on Tuesday night.
Legal battle to restart on web shop taxation
The Government and web shops will resolve their dispute over the industry’s “sliding scale” tax structure in the courts, it was revealed yesterday, despite making progress on the “patron tax”.
BISX-listed firm’s $5m ‘recapitalise’ after SEC settles
A BISX-listed company will have to undergo a $5 million ‘recapitalisation’ as a result of the deal struck by its principal and main subsidiary to settle a lawsuit against them by US federal regulators.
80 Bahamians buy into crypto start-up
BAHAMIANS are “eager” to explore cryptocurrency opportunities, a local businessman says, suggesting this was highlighted by 80 locals purchasing tokens from a cryptocurrency start-up’s Australian offering last week.Wayne Johnson, who with Parrish Sim
Grand Bahama's power costs 383% ahead of Florida
Grand Bahama-based businesses and households are paying 383 per cent more in energy costs than their Florida-based counterparts, a Freeport businessman yesterday telling Tribune Business this was the main reason for the island's 20 per cent-plus unemployment rate.
Government approves $2m to rebuild BAMSI dorm
THE government has approved the use of more than $2m to rebuild the Bahamas Agriculture and Marine Science Institute (BAMSI) dormitory that was destroyed by fire in early 2015, according to Agriculture and Marine Resources Minister V Alfred Gray yesterday.
It's another double double for All-Star Bahamian Jonquel Jones
By RENALDO DORSETTTribune Sports Reporterrdorsett@tribunemedia.net Jonquel Jones continues her post All-Star break momentum and tallied her 13th double double of the season in another win for her Connecticut Sun.Jones finished with 14 points, 13 rebo
Copa's Bahamas load factors still 80%-plus
COPA Airlines' performance is still holding strong, according to tourism director-general David Johnson, who told Tribune Business yesterday that through the months of March and April 2012 it was averaging load factors in the 80 per cents and above.
Tourism demand up over 50% in vital US markets
The Bahamas’ key visitor source markets are “all up double digits” on tourism demand, it was revealed yesterday, with New York and Florida ahead by 56 percent and 40 percent respectively.
New coaches selected for national basketball teams
ON the departure of Larry Smith, the Bahamas Basketball Federation has named Larry Eustachy as the new head coach of the men’s basketball team.
