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Conch’s extinction threat ‘very alarming’ for economy
“Very alarming” survey results have revealed that the Bahamian conch population is being driven to extinction, the Bahamas National Trust’s (BNT) executive director yesterday saying this would have a “very detrimental economic impact” on hundreds of people.
‘What’s good for goose is good for the gander’
A former Bahamas Chamber of Commerce president yesterday said his near-$4,000 ‘late payment fine’ paled into insignificance when set alongside the $20,000-$30,000 Value Added-Tax (VAT) refund his business has been owed for seven months.
Debate due to start today on Freedom of Information Act
EDUCATION Minister Jerome Fitzgerald yesterday presented the public consultation process for the highly-anticipated Freedom of Information Act as “very well received,” as the House of Assembly is expected to begin debate on the revised legislation today.
‘JAZZ’ HITS GRAND SLAM FOR SECOND STRAIGHT GAME: Chisholm Jr and Marlins rout Braves 16-2, sweep series
MIAMI (AP) — Jasrado “Jazz” Chisholm Jr hit a grand slam for the second consecutive game and the Miami Marlins routed the Atlanta Braves 16-2 yesterday to complete a three-game sweep of the NL East champions.
Yacht brokerenjoying 80%sales upswing
A BAHAMIAN boat/yacht broker has seen an 80 per cent sales upswing for 2013 to-date, telling Tribune Business yesterday that most of the boats sold were over the $100,000 threshold.
Foreign shippers ‘snoop around’ Nassau market
Foreign shipping carriers are continuing to “snoop around” and explore whether they want to enter the Nassau freight market, with Maersk facing some potential competition.
Knights strike gold in St Lawrence Invitational Tournament
THE Niagara College Knights, with several Bahamian players on their roster, were back on the floor for the preseason as they prepare to contend in the Ontario Colleges Athletic Association.Van Hutchinson Jr, Kevin Cooper, Stephone Augustine, Livingst
Digital payments ‘not as robust’ despite 30% rise
The Bahamian use of digital payments is “not as robust as we’d like to see” yet, one provider asserted yesterday, even though the volume of transactions it processed increased by 30 percent in 2022.
‘Re-opening old wound’ concerns on Baha Mar
PROMINENT contractors yesterday said they “absolutely believe” Baha Mar’s critical construction defects have been remedied, as they warned against “re-opening old wounds”.
Bahamians sceptical on VAT revenue use
Many Bahamians are sceptical the Government will keep its promise to use Value-Added Tax (VAT) revenue to reduce the country’s deficit and $6 billion-plus national debt, according to a study conducted by College of The Bahamas (COB) students.
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.
New champions: Regulators rout Cybots 100-81 for title
It was a dominant performance over the course of the last three games of the series as the Mr Ship It Regulators unseated the two-time defending champions to take the New Providence Basketball Association Division I title.
Gov't and BPC 'dispute' outstanding licence fees
Bahamas Petroleum Company (BPC) yesterday warned against "making mountains out of molehills" after it was revealed the Government had refused to accept its payment of outstanding licence fees.
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
GB power lays-off 19 over steam phase-out
Grand Bahama Power Company yesterday made 19 staff redundant as part of a restructuring designed to “retire” its steam generation plant, a senior executive telling Tribune Business the engines at its new $80 million power plant were up to four times’ more efficient.
Bahamas ‘leads pack’ over digital adoption
A senior Royal Bank of Canada (RBC) executive yesterday hailed The Bahamas as “a bit of a bellwether” for the Caribbean on digital payments adoption with more than 50 percent of its local clients now using such channels.
Plane goes off runway
THE Air Accident Investigation Authority yesterday reported an incident involving a Flamingo Air Beech 99 aircraft, registration C6-OFM.
Buddy scores 16 in 114-112 loss to Magic
SACRAMENTO, California (AP) — The Orlando Magic made a pair of costly defensive mistakes in the final 80 seconds. Evan Fournier’s quick change of mind and a big shot by Aaron Gordon more than made up for it.
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.
Bank unveils 91% profits increase
Bank of the Bahamas International says its business restructuring, coupled with improved margins and an increase in new business, drove a 91 per cent net income increase for its 2013 first quarter.