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Wimbledon: Sweeting reaches the 2nd round

For the second consecutive year, Ryan Sweeting has advanced to the second round of arguably the most noteworthy and legendary grand slam. Sweeting ad

Dempsey seals 1-1 draw for Fulham against Chelsea

By ROB HARRIS AP Sports Writer LONDON (AP) -- Clint Dempsey scored his 22nd goal of the season for Fulham to clinch a 1-1 draw against Chelsea on Monday and prevent its west London rival from climbing into the Champions League places. The United Sates att

Seasonal rush expected at LPIA

LYNDEN Pindling International Airport officials urge travellers to pack patience for this weekend, which they expect to be the busiest of the year, surpassing the number of travellers last year.

Sovereign Wealth Fund

There has been a lot of chatter in the news and on talk shows about our national treasure and the need for a Sovereign Wealth Fund, and it has become tiresome listening to all the banter around Aragonite.

Hanna Martin will ‘fight to the death’ against citizenship by investment

ENGLERSTON MP Glenys Hanna Martin says she will “fight to the death” any attempt by the government to implement a citizenship by investment policy.

Govt continuing ‘targeted’ Customs Duty reductions

The Government is proceeding with its “targeted” reduction in Customs duties to accompany Value-Added Tax (VAT), a Cabinet minister has revealed, with more cuts to be triggered by enhanced revenue administration.

WORLD CUP: Ronaldo scores hat trick in six goal thriller

Cristiano Ronaldo scored a hat trick, capped by a dipping free kick in the 88th minute as Portugal and Spain played to a wild 3-3 draw in the Group B opener for both countries.

BTC apologises for ‘critical fault’

The Bahamas Telecommunications Company (BTC) yesterday apologised after “a critical fault” on its network disrupted fixed-line and mobile voice communications throughout the weekend.

BTC's $7.3m investment targets faster Net speeds

The Bahamas Telecommunications Company (BTC) says its new Fiber-to-Home service will deliver Internet speeds 20 to 100 times’ faster than the current cable modem or DSL service that many customers use.It added that once completed, its $7.3 million i

Rahming to stay in prison role pending replacement

PRIME Minister Perry Christie yesterday said Dr Elliston Rahming will remain Superintendent of Prisons until the government is able to find a suitable replacement for him.

'Limits on firms paying VAT is discriminatory'

THE proposal from government to only require Value Added Tax from companies making more than $50,000 in profits is discriminatory, according to director and operations manager of Nassau Motor Company Rick Lowe.

BFSB Summit focuses on cultural changes

The Bahamas Financial Services Board’s (BFSB) upcoming International Business and Finance Summit (IBFS) will examine how cultural and family changes impact service providers and financial structuring.

Running Mon Marina and Resort purchased by Xquisite Yachts

The Running Mon Marina and Resort in Grand Bahama has been acquired by Xquisite Yachts, an award-winning yacht manufacturing company that plans to invest in the region of $3m to $5m to undertake major upgrades at the property.

Gibson Jr and Rolle capture Unca Lou title

ONE of the top amateur golfers teamed up with one of the youngest competitors in the field as Richard Gibson Jr and Kerrington Rolle combined for a 59 net to win the St Augustine’s College Alumni Association’s inaugural Unca Lou Golf Tournament.

AML: 148% profit increase aided by same store sales

AML Foods yesterday said an 8-9 per cent same-store sales increase helped to grow its second quarter profits by 148.4 per cent before pre-opening costs, as it braces for an anticipated “banner year” in 2013.

Condo hotel tax now takes ‘effect’

The Bahamian resort industry was yesterday said to have “got 90 percent of our asks” over the new condo hotel tax which has now come into effect some eight months after it was first unveiled.

Cable targets 33,000 Nassau homes for new network in Q1

CABLE Bahamas is targeting 33,000 southern New Providence homes for connection to its new fibre-to-the-home network starting in the 2023 first quarter after overcoming supply chain challenges that delayed the roll-out.

Cayman ensures BahamasFirst model 'makes sense'

Bahamas First's 33-37 per cent market share meant it needed to diversify risk concentration outside this nation to "make our business model work in the long-term",

Bahamas must ‘leverage’ EU listing into opportunity

The Bahamas was yesterday urged to “leverage” the European Union’s (EU) ‘blacklisting’ and reposition itself as an international business centre based on ‘physical presence’.

Benchmark: ‘We’ve turned the corner’

A BISX-listed company yesterday expressed optimism it has “turned the corner”, its principal adding that its settlement with US federal regulators did “not stipulate” the instant redemption of its $5 million preference share capital.

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