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PM: Housing initiative not ‘one-off’ exercise
The prime minister yesterday pledged that the government’s efforts to make home ownership more affordable for Bahamians will not be a “one-off endeavour” that lacks a coherent strategy.
VAT covering 99% of economy despite $50,000 exemption
THE Government’s plan to exempt businesses with an annual turnover of $50,000 or less from paying Value Added Tax (VAT) will capture “99 per cent” of the turnover taking place in the Bahamian economy, a senior Ministry of Finance official believes, relieving small businesses from the compliance burden.
Jones and Sun lose WNBA Finals opener
JONQUEL Jones and the Connecticut Sun nearly overcame another fourth-quarter deficit but their late rally fell just short in game one of the WNBA Finals.
Stingers and Giants remain undefeated in the NPBA
BOTH the PJ Stingers and the Commonwealth Bank Giants remained undefeated in the New Providence Basketball Association after pulling off the double header victories on Saturday night.At the AF Adderley Gymnasium in the men’s division one play, the St
Aliv places Dorian repairs at $5m-$10m
Aliv yesterday completed the full restoration of its mobile towers in Abaco and east Grand Bahama, finishing a storm recovery “first phase” estimated to have cost between $5m-$10m.
All Ceramic Exhibition opens October 24
‘My Flamboyant Teacups and Bowls’ is the theme of ACE 2013, the third biennial All Ceramic Exhibition. As with the two previous shows in the series, ACE 2013 will feature the art of a number of highly creative Bahamians.
Bahamas 'rises from captives extinction'
The Bahamas has “risen from extinction” in captive insurance, a leading industry player said yesterday, with this nation’s growth rate over the past three years “exceeding any other jurisdiction”.
How to sweat less over AC
We find ourselves in the same situation every year. Winter is nearly here, but it still feels like 90 degrees outside.
Deficit cut by ‘two-thirds’
PRIME Minister Perry Christie yesterday boasted of his administration’s fiscal achievements during the last financial year as he expressed optimism in the continued growth of the economy going into the 2015/2016 budget cycle.
David Nesbitt scores game high 22 points in Boca Juniors debut
DAVID Nesbitt made his debut for Boca Juniors in the FIBA Basketball Champions League Americas and helped lead the club to a 1-1 weekend in Group D.
Hotel union on gratuity ‘red alert’
The Bahamas Hotel Catering & Allied Workers Union (BHCAWU) yesterday said it had placed its members on ‘red alert’, amid fears that other New Providence hotels will attempt to follow Baha Mar’s lead and eliminate the 15 per cent gratuity enjoyed by hotel employees.
Historic ceremony for RBDF boats
THE Royal Bahamas Defence Force held the largest commissioning ceremony in the service’s history on Friday at the John Alfred Wharf, bolstering its fleet with three new vessels and a 17-piece containerised mobile base as it upgrades its fleet to safeguard the Bahamas.
NPBA: Heatwaves, Rockets, Shockers in the win column
THE New Providence Basketball Association continued its regular season action over the weekend at the Kendal Isaacs Gymnasium with a series of games played.
Giants beat Bradley University 77-74
THE Bahamas Basketball Federation’s ‘Summer of Thunder’ is just over three weeks in and local teams have already achieved unprecedented success, with three wins in the summer-long series against top tier NCAA Division I teams.
Lights out for 5,400 ‘can’t pay’ families
WORKS Minister Desmond Bannister revealed yesterday that 5,412 households across the country are “off the grid,” as a result of not paying energy bills for 60 days or more and collectively owe Bahamas Power and Light more than $5m.
Ayton and Suns take 2-0 lead
PHOENIX (AP) — Chris Paul scored 28 points, including 14 in another spectacular fourth quarter, to lead the Phoenix Suns over the Dallas Mavericks 129-109 last night for a 2-0 lead in the Western Conference semifinals.
NPBA: Divisional semi-finals set to jump off tonight
THE Patron Regulators and PJ Stingers survived their respective third and deciding games in the first round of the New Providence Basketball Association playoffs to advance to the divisional finals.
‘Don’t get giddy’ over beating deficit target
The Government was yesterday urged not to become “giddy” over beating its 2014-2015 fiscal deficit projections by almost 31 per cent, as the Prime Minister moved to return “the dividends from the successful Value-Added Tax (VAT) regime” to hard-pressed Bahamians.
Airbnbs ‘choke off’ local rental market
Exuma’s Chamber of Commerce president yesterday warned that the island’s soaring vacation property success was “choking off” Bahamian access to affordable rental units.
Google hits renewable energy goal in quest to pare pollution
SAN FRANCISCO (AP) — Google is crossing a milestone in its quest to reduce pollution caused by its digital services that devour massive amounts of electricity.
