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Gov’t to phase-out VAT bi-annual filing

The Government is moving to eliminate the bi-annual filing of Value-Added Tax (VAT) returns by year-end, in a bid to boost its cash flow and obtain more consistent returns.

$2bn current deficit not so problematic

The Bahamas’ annual $2 billion current account deficit is “not as fickle” as many outsiders think, a former finance minister yesterday pointing out that this was traditionally balanced by foreign capital inflows.

Realtor: 'Tale of two markets' means 90% of buyers high-end

A well-known realtor yesterday said his reliance on luxury international purchasers has grown to 80-90 per cent of his sales, telling Tribune Business: “It’s almost like the Bahamian buyer has disappeared.”

Cybots are number one

Once again, Brian “Tucker” Bain came through with the clutch pair of free throws down the stretch as the Mail Boat Cybots held off the Commonwealth Bank Giants 101-99 at the AF Adderley Gym Thursday night to secure their second New Providence Basketball Association championship title, adding to their first crown in 2009.

NPBA: Stingers close out year with two straight wins

THE PJ Stingers closed out the year by winning two consecutive games on the final weekend of regular season play for 2016 in the New Providence Basketball Association.

Zane Knowles, Dwight Coleby dominate

ZANE Knowles and Dwight Coleby delivered dominant performances for their respective teams as the Turkish Basketball First League concludes its regular season and teams jostle for playoff positioning.

49 records erased

While the current stars made their presence felt, the Bahamas Swimming Federation got a good glimpse of the future as the 2014 Royal Bank of Canada National Swimming Championships was held at the Betty Kelly Kenning Swim Complex over the weekend.

Ayton and Suns 7-0, stay in hunt for play-in spot

Bahamian centre Deandre Ayton and his Phoenix Suns kept their playoff hopes alive with a 130-117 rout over the Philadelphia 76ers yesterday in the National Basketball Association’s bubble at the ESPN Wild World of Sports Complex in Orlando, Florida.

junior golfers tee off in Jamaica

TEAM Bahamas opened play at the 2018 Caribbean Amateur Junior Golf Championships yesterday as the event teed off at the at the Caymanas Golf and Country Club in Caymanas Estate, Jamaica.A roster of five boys and four girls will contest the tournament

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

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.

$4.5m hall to accommodate 80 students in Grand Bahama

THE opening of the $4.5m Hawksbill Hall at the University of The Bahamas’ northern campus marks the transition of the Grand Bahama institution from a commuter campus to a residential one, providing accommodations for over 80 student residents. Dep

The Mud in flames – again

MORE than 80 people have been left homeless and their houses destroyed after another blaze ripped through The Mud in Abaco in the early hours yesterday.

Nassau/PI resorts in New Year sell-out

MAJOR Nassau/Paradise Island resorts are predicting traditionally strong occupancies over the Christmas and New Year’s holiday period.

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.

Bimini ferry brings 40k in three months

Resorts World Bimini yesterday said its Miami ferry service had brought 40,000 persons, or 80 per cent of its normal annual visitor numbers, to the island in just three months.

BTC ordered to reduce termination fees 53%

The Bahamas Telecommunications Company (BTC) is being required to reduce the interconnection charges it levies upon rival operators by up to 53 per cent in 2013, with regulators determined to prevent its internal inefficiencies blocking competition.

Another award win for Jonquel

Jonquel Jones claimed another league wide award and her Connecticut Sun won their 10th consecutive game to improve their league leading record to 22-6.

Is Christie now tolerant of such victimisation?

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

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