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SANDALS SAYS $84-$85M SPENT ON EMERALD BAY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has invested between $84-85 million in its Emerald Bay property on Exuma to date, its chairman telling Tribune Business the resort's occupancy levels were in the 70 per cent

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World record swim attempt from Eleuthera to Nassau underway

An Australian endurance athlete has started an attempt to achieve a world-record 80 mile swim in the open waters of the Bahamas.

A history of corruption

Let’s look back to the earliest times of when The Bahamas was discovered by Columbus…on behalf of the Spanish many of the original tribes of the Bahamas were taken as slaves to Mexico and other parts.

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Pro basketball players take spotlight in France

RADSHAD Davis had another season high, Willis Mackey Jr and Aaron Levarity finally took the court together, and Dominick Bridgewater continues his production to highlight performances from Bahamian players in various pro basketball leagues throughout France.

$357,000 of repairs approved for 37 Sweeting Cay Homes

THE Disaster Reconstruction Authority has approved some 37 homeowners on Sweeting’s Cay for nearly $360,000 of repair assistance under the Small Homes Repair Programme.

70 to 80 correctional officers 'still waiting on promotions'

DESPITE 110 correctional officers being promoted to corporals this week, the Correctional Officers Staff Association estimates that many more await their awards.

Labour director sees outsource dispute rise

The Director of Labour says employee outsourcing by Bahamian companies has provoked a number of disputes, particularly in the financial services and hotel industries.“There have been a number of matters from trade unions that had a small pocket of th

Freeport now 'worth $11bn'

The total infrastructure investment in Freeport today is worth $11 billion, the Grand Bahama Port Authority’s (GBPA) chairman yesterday saying this exceeded annual Bahamian GDP and “could not be replicated.

Tax Coalition chief: ‘Fantastic’ if 85% VAT compliance

The Tax Coalition’s chairman yesterday said it would be “fantastic” if quarterly Value-Added Tax (VAT) filers achieved an 85 per cent compliance rate first-time, although he expected many to seek extensions to the April 28 deadline.

Marina chief hits at increased red tape

The Association of Bahamas Marinas (ABM) yesterday voiced frustration that the entry process for incoming boats and yachts has been made “more complicated and difficult” for 80 percent of the market.

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Bahamas’ ‘first class fills before economy’

The Bahamas’ tourism rebound is seeing “first class fill up before economy class”, a Cabinet minister said yesterday, estimating that as much as 80 percent of the industry’s economic impact has returned.

Atlantis targeting $130m investment by end-2018

Atlantis’s top executive yesterday revealed that the Paradise Island destination resort is likely to invest a further $130 million to upgrade its amenities by 2018 year-end.Howard Karawan, its president and managing director, said “north of $80 milli

Stranger danger

A short while back, a Supreme Court jury acquitted a grown man of having sex with a 15-year-old boy. The not guilty vote was a vote of six to three.

Bank chief slams ‘selfish’ education loan deadbeats

The Clearing Banks Association’s (CBA) president yesterday slammed the “selfish mentality” of delinquent student borrowers who have exposed Bahamian taxpayers to a $100m liability.

‘Breath of fresh air’: 150k cruise arrivals over Xmas

The Downtown Nassau Partnership’s (DNP) co-chair yesterday hailed the increase in cruise ship traffic as a “breath of fresh air” for business with close to 150,000 passenger arrivals forecast for Christmas week.

Port operator sizes up multi million export opportunities

The Arawak Port Development Company (APD) is assessing multi-million dollar development opportunities beyond this nation’s borders, as it moves to “significantly raise the bar” for all Bahamian port operations.

GB Power: Base raten rise offset by efficiency gains

GB Power: Base raten rise offset by efficiency gains Grand Bahama Power Company (GBPC) says the $0.03 base rate increase set to be imposed on consumers under its new tariff structure will be offset by fuel savings resulting from efficiencies generated by

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Bahamas Bowl players are selected in the NFL Draft

TWO student athletes who participated in last year’s Makers Wanted Bahamas Bowl joined three other alumni from previous years as they were selected during the 2019 NFL Draft, held April 25-27 in Nashville, Tennessee.

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05252016 Edition

Thursday, May 25th.

Is Christie now tolerant of such victimisation?

Prime Minister Christie once said: “There will be no payback time under my administration.”