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Sir Franklyn: ‘Price deflation’s’ consumer confidence boost
A BISX-listed food retailer’s disclosure of “price deflation” in some product categories should inspire improved consumer confidence heading into 2024, a Bahamian businessman argued yesterday.
Cruise port: 4.2m projection beaten and 65 ships to come
Nassau Cruise Port’s top executive yesterday said the loss of three vessel calls on Friday due to bad weather is “not material” with the original full-year 4.2m passenger arrivals target already beaten.
Accountants: ‘Some wins’ on Business Licence verification
Accountants have secured “some wins” over enhanced Business Licence reporting through less intensive scrutiny that will be applied to companies below the $5m annual turnover threshold.
Water Corp losing 55% of Family Island supply
More than half the Water & Sewerage Corporation’s supply to Family Island customers never reaches the end-user, it has been revealed, resulting in a negative 306 percent operating loss margin.
JUDGE ASKED TO JAIL FORMER MP: Application to commit Lockhart to prison for ‘failure’ to refund $3m
A FORMER member of parliament and Supreme Court judge is facing an application to send him to prison after he allegedly failed to refund more than $3m his client gave his firm to hold in escrow.
Four shooting incidents over weekend leave one dead and five hospitalised
Four shooting incidents over the weekend left one man dead and five hospitalised.
Hoopfest in Paradise turns out to be a real treat
EXCEPT for the constant interruption to wipe the moisture off the floor inside the Kendal Isaacs Gymnasium, the second Hoopfest in Paradise turned out to be a real treat for both local and high school basketball players from the United States of America.
Edgecombe Jr, 18, has impressive showing at home
HOMECOMINGS are usually quite memorable, but for Valdez ‘VJ’ Edgecombe Jr, his return home to the Bahamas as one of the top ranked high school boys’ basketball players in the United States was extra special.
NHI’s electronic records give boost to patient care
The National Health Insurance Authority (NHIA) has partnered with an electronic records provider to enhance patient care and efficiency for the scheme’s 150,000 residents.
AML Foods set to ‘vigorously fight’ $1m unpaid VAT claim
AML Foods has pledged to “vigorously contest” the Government’s demand that it produce nearly $1m in “unpaid” VAT related to Grand Bahama’s port-Hurricane Dorian economic recovery zone (SERZ).
‘More improvements’ needed on Bahamas First’s Cayman health
Bahamas First says “more improvements” are required before the woes impacting its Cayman health portfolio are fully behind it as it unveiled profits of $2.2m for the quarter to end-September 2023.
Room supply ‘restrains’ 30% stopovers growth
The Deputy Prime Minister says The Bahamas will be “restrained” from consistently growing stopover visitor numbers by 30 percent if it fails to expand the supply of hotel and vacation rental rooms.
World-class ballet comes to the Bahamas: An ‘Iconique’ performance awaits
Bahamian ballet enthusiasts and those who wish to learn more about the artistic dance are in for a special treat. Next February, the world-renowned UK-based Covent Garden Dance Company presents “Iconique”.
Governor backs corporate income tax if ‘framing right’
The Central Bank’s governor has given guarded backing for a corporate income tax amid private sector calls for the Government to avoid a “piecemeal” approach to this reform.
Atlantis touts $20bn visitor spend impact
Atlantis guests have accounted for almost one-third of The Bahamas’ total air arrivals during the past 25 years, a senior executive said yesterday, while generating more than $20bn in visitor spending.
Firms ‘doomed to fail’ on Business Licence audit
The Chamber’s newly-elected chairman has voiced concern that some companies are “doomed to fail” their upcoming full Business Licence audit because they have been given inadequate time to prepare.
‘Huge inconvenience’ on BOB San Salvador close
San Salvador businesses yesterday voiced concern over the timing and uncertainty created by Bank of The Bahamas’ “temporary closure” of the island’s only bank branch ahead of the Christmas holiday.
$25m air freight firm’s links to gaming boss
The company charged with the $25m transformation of the Government’s air freight terminal has links to a web shop principal, Tribune Business can reveal.
‘NO ONE TOLD US MY SISTER DIED’: Family ‘not notified’ as Sandilands patient fell ill and died at PMH
A FAMILY claims Sandilands Rehabilitation Centre failed to tell them about their loved one’s deteriorating health and admittance to Princess Margaret Hospital, where the woman died on December 5 without the comfort or awareness of her relatives.
