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VAT reassurance 'final impetus' for $100m expansion

PALM Cay’s chief executive yesterday said recent value-added tax (VAT) “assurances” by the Government had served as the “final impetus” to kick-start its latest $100m expansion.Rob Batchelor, Palm Cay’s chief executive, told Tribune Business that the

2019 a record breaking year for tourism

LAST year was a “record breaking" one for tourism, with the country hitting the highest recorded number of stopover visitors in its history, according to the Ministry of Tourism’s Director General Joy Jibrilu. Speaking at a press conference at the B

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.

Swimmer Davante Carey and Bearcats improve to 7-0

DAVANTE Carey had an active weekend for the McKendree Bearcats Swimming as the No.4 ranked team improved to 7-0 in dual meets this season.

'Buddy' Hield enjoys courtside with Jones and Sun

JONQUEL Jones continues to garner recognition from WNBA fans, international media on pace for an MVP season, and a fellow Bahamian basketball icon was on hand to take in her latest contest and the bond between the two.Buddy Hield was courtside as Jon

‘Walk and chew gum’: Subsidies, debt cost $938m

The Bahamas “must walk and chew gum” on its fiscal and economic revival, a leading banker has warned, with $938.5m - one third of government spending - taken up by debt and subsidy costs.

Coleby honoured, Munnings named Player of the Week

It was a week of commemorative achievements for two of the Bahamas’ top collegiate basketball players as the NCAA regular season enters its final week.

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.

CHARGED: Dorsett faces nine counts

FORMER Environment and Housing Minister Kenred Dorsett appeared in Magistrate’s Court yesterday accused of using his former ministerial position to extort and solicit $120,000 in bribes from Johnathan Ash.

$83m deal signed to reduce water and sewer leaks

THE Water and Sewerage Corporation has signed an $83 million contract with Miya/Veritec to reduce the substantial leakage from its distribution system. Glenn Laville, general manager of WSC, said the contract was made possible by a $81 million loan agreem

$83m deal signed to reduce water and sewer leaks

THE Water and Sewerage Corporation has signed an $83 million contract with Miya/Veritec to reduce the substantial leakage from its distribution system. Glenn Laville, general manager of WSC, said the contract was made possible by a $81 million loan agreem

$83m deal signed to reduce water and sewer leaks

THE Water and Sewerage Corporation has signed an $83 million contract with Miya/Veritec to reduce the substantial leakage from its distribution system. Glenn Laville, general manager of WSC, said the contract was made possible by a $81 million loan agreem