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Central Bank back in compliance on Gov't debt limits
THE Central Bank yesterday said its government debt holdings are back in compliance with its governing Act, with medium and long-term maturities equal to 12.52 per cent of its demand liabilities.The regulator, responding to the IMF’s Article IV repor
BPL boss details strategy to drive down consumer bills
Bahamas Power & Light’s (BPL) chief executive Pam Hill said yesterday the company is aiming to improve efficiency at its plants and is also pursuing a fuel hedging strategy as a means to provide lower electricity costs to consumers.
80 percent increase in cyber crime
CYBER crime in the Bahamas showed an 80 per cent increase, with 171 incidents reported in 2017 up from the 95 recorded in 2016.
Contractor: BAMSI work 80% complete
A CONTRACTOR for the government’s new agriculture and marine science school yesterday fired back at criticism over the institute’s construction schedule.
Economy 2% smaller than pre-COVID at 2023’s end
The Bahamas’ economic output will still be 2 percent below pre-COVID levels even if growth forecasts through to end-2023 become reality, a local investment analyst warned yesterday.
Food prices to ‘never return to pre-COVID’
The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”
‘All he has to do is stay humble’
As the pacesetter, winning two NBA titles with the Los Angeles Lakers, Mychal ‘Sweet Bells’ Thompson said he knew it would have only been a matter of time before his son, Klay Thompson, would be a champion as well on the biggest stage in the game today.
Students learn table etiquette
LAST week 80 students from D W Davis Jr High School learned the principles of table etiquette at Sandals Royal Bahamian.
NPBA: Giants, Mingoes in win column
THE Commonwealth Bank Giants and the University of the Bahamas Mingoes won the New Providence Basketball Association men’s division one double header played at the AF Adderley Gymnasium on Monday night.In the opener, the Giants routed the Caro Contra
92 migrants held in Exuma
RESIDENTS of Staniel Cay, Exuma, provided food and water as well as a change of clothing for the nearly 100 Haitians who made their way into the settlement after their sloop sank, Royal Bahamas Police Force officials said yesterday.
No agreement over worker ratios at $200m The Pointe
LABOUR Minister Dion Foulkes revealed yesterday the government and The Pointe’s executives have conflicting numbers when it comes to the worker ratio at the $200m West Bay Street development.The minister told The Tribune a discrepancy was discovered
Veteran forward Kino Burrows scores 13 in 90-53 blowout victory for Byers
KINO Burrows and the FOS Provence Basket Byers continue the French LNB Pro B Leaders Cup as they continue their preparation for the 2020-21 season.
More players register for Ed Armbrister Baseball League
WITH an increase in the registration of players, the Ed Armbrister Baseball Camp will revert back to a full-fledged league. According to Michael Butler, one of the organisers, they made the decision to host a league as opposed to a baseball camp bec
Food retailers fear 12% VAT cost rises
Bahamian food retailers fear the Government’s Value-Added Tax (VAT) legislation will have a “profound impact” and result in job losses, increasing their cost base by up to 12 per cent.
Mailboat Cybots one win away from championship title
THE Mail Boat Cybots are now just one game away from winning the New Providence Basketball Association’s championship title. But the defending champions Commonwealth Bank Giants are not yet prepared to push the panic button in the best-of-seven series.
Melia can ‘barely’ sustain operations
The Melia Nassau Beach Resort can “barely” generate enough cash flow to finance its own operations - an admission that was yesterday seized upon by Baha Mar’s contractor.
‘Devil in details’ sinks $300m Baha Mar deal
A $300 million agreement to resolve Baha Mar’s woes was sunk when the warring parties were unable to agree “the devil in the details”, Tribune Business was told yesterday.
Turnquest: Only fair for web shops to pay 'their fair share'
FINANCE Minister K Peter Turnquest defended the government’s decision to increase taxes on gaming house operators on Thursday, saying it is only fair web shops pay “their fair share” for its impact on vulnerable communities.
80 test positive for TB exposure
MORE than 340 people living in two shelters for Hurricane Dorian victims have been screened for tuberculosis - 80 of them with positive skin tests, according to Health Minister Dr Duane Sands yesterday.
Family Island resorts suffer mixed Xmas
OCCUPANCIES at Out Island resorts for the Christmas period and into the New Year appear to be mixed, with one major property forecasting strong performance, while another said its guest business was in the
