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GB Power, PHA seek financing millions
The Bahamian capital markets are gearing up for a busy fall/winter season, Tribune Business has been informed, with both the Public Hospitals Authority (PHA) and Grand Bahama Power Company seeking multi-million dollar financings.
EDITORIAL: We need to stay resolute
PRIME Minister Dr Hubert Minnis announced the relaxation of lockdown restrictions for southern islands yesterday while disclosing efforts to add an additional 80 beds to the frontline fight against COVID-19.
Sports Notes
THE Bahamas Lawn Tennis Association has announced its boys and girls national teams that will be participating in the World Junior Tennis Competition in San Salvador, El Salvador, March 11-16.
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.”
New PI super yacht marina 80% booked
PARADISE Island’s newly-opened Hurricane Hole super yacht marina is over 80 percent booked, its principal developer says, with the wider $250m project moving forward at a brisk pace.
Port licensees' 'left at mercy' of Customs
By NEIL HARTNELL Tribune Business Editor The Supreme Court has left Grand Bahama Port Authority (GBPA) licensees and their $80-$120 million 'bonded economy' "without any recourse" against alleged Customs abuses, a leading QC telling Tribune Business he w
DPM: Crime coverage woe ‘losing momentum’
THE Deputy Prime Minister yesterday voiced optimism that damaging media coverage of The Bahamas is “losing momentum” with major resorts reporting peak winter occupancies “in excess of 80 percent”.
Dean, Greene go head-to-head in Canada high school preseason
A PAIR of Bahamian prep basketball prospects went head-to-head with their respective programmes in Canadian high school preseason play. Romad Dean (Crestwood Prep) and Paul Greene (J Addison Prep) are both in their first year with their respective p
Potential tropical storm development heading west in central Caribbean
THUNDERSTORM activity associated with a strong tropical wave over the central Caribbean Sea about 350 miles east-southeast of Kingston, Jamaica, is threatening to develop into a tropical storm later on Monday or overnight according to the National Hurricane Centre in Miami.
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.
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
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
'The Promise' prevails
A matchup between two of the top big men in all of NCAA Division I basketball - Arizona’s DeAndre Ayton and UNLV’s Brand McCoy produced in an overtime thriller.In the end, Ayton and the Wildcats scored a 91-88 win over the UNLV Runnin’ Rebels Saturda
Tum Tum back on the court after a month out
Exactly a month after he was sidelined due to injury, Lourawls, “Tum Tum” Nairn Jr made his return to the court for the No 8 ranked Michigan State Spartans.
CAJGC: Bahamas looks to improve on 6th place
THE Bahamas Golf Federation’s team at the 2017 Caribbean Amateur Junior Golf Championships teed off competition yesterday at the St Andrews Golf Club in Maraval, Trinidad and Tobago and looks to improve on last year’s sixth-place finish.
$50m capital raising comes Aliv next week
The Bahamas’ new mobile operator will bring a $50 million capital raising ‘Aliv’ next week, its advisers yesterday predicting “a very successful offering”.
BTC to 'exceed' $60- $80m earnings goal
BTC to 'exceed' $60- $80m earnings goal By NEIL HARTNELL Tribune Business Editor The Bahamas Telecommunications Company (BTC) will beat its $60-$80 million operating income projections for 2012 after generating cost savings faster than anticipated, alth
Debt gobbles up 27% of Budget
MORE than 27 per cent of the Government’s total recurrent spending in the 2017-2018 Budget is going towards repaying principal or interest on the Bahamas’ $7 billion-plus debt mountain.
Man admits forging U.S. currency
A 25-year-old man was fined $6,000 for forging Bahamian and American dollar bills to purchase items from two businesses last week.
Foulkes: Web shop job cuts unfortunate
A DAY after web shop Asure Win said it will close 11 locations and layoff about 50 workers, Labour Minister Dion Foulkes described impending staff cuts from the sector as “unfortunate”, but said there are several factors contributing to the closure of gaming houses aside from a tax increase.