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Resort’s business down 80% via 15 year amenity loss

A Freeport timeshare resort is blaming the loss of “about 80 per cent” of its business on the 15-year failure of successive Royal Oasis owners to live up to their access and amenity provision obligations.

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.

Sports Notes

THE Bahamas Lawn Tennis Association has announced its boys and girls national teams that will be participating in the World Junior Tennis Competition in San Salvador, El Salvador, March 11-16.

80% of motorists exposed torogue, uninsured drivers

A SENIOR insurance executive yesterday said it would not take “a heavy lift” to crack down on uninsured drivers who threaten to inflict a substantial loss on 80 per cent of Bahamian motorists.Patrick Ward, Bahamas First’s president and chief executiv

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Vendors exceed expectations at Royal Caribbean workshop

Royal Caribbean yesterday said the first Royal Beach Club workshop for potential Bahamian food and beverage, retail and artisan partners exceeded expectations by attracting around 70-80 attendees.

More web shops a ‘thing of the past’

A Bahamian web shop operator yesterday said the industry should reduce its need for physical gaming house locations by conducting its business electronically, adding that 80 per cent of its business came from online.

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Insurance cuts Aliv's Dorian cost to $2.5m

Aliv’s subscriber base grew by 20 percent during the final six months of 2019, its top executive revealed yesterday, after the mobile operator shrugged off $2.5m in one-off net Dorian costs. Damian Blackburn told Tribune Business it had “recovered a

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Dorian bravery medals presented to local heroes

MEDALS of recognition and bravery were presented to nearly 100 local heroes over the weekend on Grand Bahama for saving so many lives during Hurricane Dorian. These ordinary individuals displayed courage and risked their own lives – on jet skis, sma

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Giants, High Flyers take title

THE New Providence Basketball Association concluded its 2017-18 season with champions crowned in both divisions over the weekend.

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Chisholm Jr undergoes successful turf toe surgery

BAHAMIAN Jasrado “Jazz” Chisholm Jr underwent successful surgery on Tuesday to repair a nagging toe turf injury that sidelined him during the Major League Baseball (MLB) season.

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Minister declines permit turnaround time commitment

The minister responsible for immigration yesterday declined to commit to the ‘20-day response’ timeframe sought by the private sector for work permit approvals, admitting that “a drastic increase” in staff and technology was required to achieve this.

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INSIGHT: We should teach our children to enjoy the ocean, not fear it

Only one in 100 government school students can swim, according to empirical data gathered by Andy and Nancy Knowles, the co-founders of the Let’s Swim Bahamas programme.

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FIBA Centrobasket: Bahamas gets 79-59 win over Turks and Caicos Islands

After a trio of lopsided losses to open the tournament, Team Bahamas responded with a pair of wins to conclude the group stage at the FIBA Under-15 Centrobasket Championships for boys. Team Bahamas defeated The Turks and Caicos Islands 79-59 yesterday at the Fernando ‘Rube’ Hernandez Coliseo in Gurabo, Puerto Rico.

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Team Bahamas tops Suriname 72-57 at the CBC

THREE games and three blowout wins thus far for the Bahamas’ senior men’s national basketball team as they continue to dominate regional competition at the Caribbean Basketball Confederation Championships.

Tough questions needed at Cable Bahamas' AGM

TONIGHT, Cable Bahamas holds its first annual general meeting (AGM) in 16 months. Shareholders should come prepared to ask the tough questions that management is doing its best to avoid.Cable Bahamas’ management says it has a good story to tell. Whil

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NPBA sets the stage for championship

WITH all two game sweeps of their best-of-three semifinal series over the weekend at the AF Adderley Gymnasium, the stage is now set for the New Providence Basketball Association’s best-of-five championship series in both the men’s division one and II.

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‘Ed Sky’ wins on Valentine’s

In memory of the late Edgar Moxey, who was buried last week, Ed Sky was the first of two boats to catch the Campari Lady Nathalie en route to winning her first major regatta.

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Baseball legend Edison ‘Ed’ Armbrister laid to rest

EDISON ‘Ed’ Armbrister was not just remembered on Saturday for his controversial bunt in Major League Baseball for the Cincinnati Reds, but for being one of the few Bahamians to win two world titles in any sport.

Attorney General hails ‘trailblazing’ carbon Bill

The Attorney General yesterday hailed the Carbon Credit Trading Bill as “trailblazing”, asserting that The Bahamas is further ahead of the entire world in having a “specific framework” to regulate this multi-million dollar activity.

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$60m farm project aiming to ‘make agriculture sexy’

Bahamian investors will get details on how they can invest in a $60m hydroponic farming project by early March, its principals saying yesterday: “We want to make agriculture sexy again.”