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High office, retail demand for $250m PI development
The developer behind Hurricane Hole’s $250m revival has fully leased all the office space in phase one of its project together with 80 percent of the retail units, it has revealed. Sterling Global Financial said the Paradise Island-based development
1,000 scholarships available at BTVI
THE government, through the Bahamas Technical and Vocational Institute, is offering 1,000 scholarships to students enrolled in full-time programmes inclusive of preparatory, certificate, diploma and associate degrees.Named The Bahamas Be Your Own Bos
NPBA to end year on Wednesday
THE New Providence Basketball Association will complete the year with games on tap tonight and Wednesday at the AF Adderley Gymnasium before taking a break for the Christmas holiday. The league will return to action on January 4.
Report: Dire warning for The Bahamas if temps rise by 1.5 degrees celsius
THE country faces the threat of intensified tropical cyclones, sea level rise and declining freshwater resources if global temperatures exceed 1.5 degrees Celsius, a new report has warned.
Cable's $114.5m sets 'Markets milestone'
Exuma’s February Point project is aiming to hire a further 120-140 persons when construction work ramps up within the next two months, its owners yesterday telling Tribune Business the project was “moving a little faster than we anticipated”.
World’s best lady golfers ‘Pure as Silk’ in Classic
A mainstay on the Bahamas’ sports tourism calendar for the immediate future, the Ladies Professional Golfers Association (LPGA) Pure Silk-Bahamas Classic is set to tee off in just over two weeks featuring the best 120 female golfers in the world.
Heartbreaking loss for Buddy and No.1 Sooners
On the day that they earned their No.1 ranking, Buddy Hield and the Oklahoma Sooners suffered a big defeat at the James H Hilton Coliseum in Ames, Iowa, on Monday night.
VAT not mandatory for 15,000 firms
More than 80 per cent of Bahamian companies, numbering more than 15,000, will not be mandated to pay Value Added Tax (VAT), with financial services and health/education among the industries exempt from paying it.
Insurer 'praying' Abaco 90% paid in six months
A top Bahamian insurer was yesterday “praying” that 90 percent of Abaco’s Dorian-related claims will be paid out within the next six months given the scale of the island’s devastation. Anton Saunders, RoyalStar Assurance’s managing director, told Tr
Crimestoppers and Cybots victorious
THE Police Crimestoppers and the Bamboo Shack Cybots both won at the DW Davis Gymnasium Monday night to secure their showdown in the Bahamas Government Departmental Basketball Association’s best-of-seven championship series set to start tonight.
The Olympic truce - something to respect
The Olympic Games, held this year in London, are the greatest sports event in the world, drawing athletes from the myriad nations of the world to one city.
88 Haitians held by RBDF
THE 88 Haitian migrants detained in two separate incidents this week have been transferred to New Providence for processing, the Defence Force reported yesterday.
Cabbage Beach access row ‘about property rights, not birthrights’
THE relocation of the dozens of Cabbage Beach vendors upset over the closure of an access point to the popular Paradise Island property is not the responsibility of the landowners but the government, according to Atlantis’ Senior Vice-president of Public Affairs Ed Fields.
Exporter targets live China lobster approval by Xmas
A Bahamian seafood exporter yesterday said it expects to receive approval to export live lobsters by air to China before Christmas, adding that this market could ultimately surpass the US as its largest.
5% rise in food assistance to help offset 7.5% rate of VAT
PERSONS receiving food assistance from the Department of Social Services should soon see an increase of as much as five per cent in benefits to offset the introduction of value added tax, Social Services Minister Melanie Griffin said.
Munnings makes his debut in Portugal, Fritz signs on with new club in Spain
TRAVIS Munnings made his debut with a new club in Portugal while Shaquillo Fritz signed on with a new club for the upcoming 2021 season in Spain.
Hotels eye 5-7% peak winter rate increases
A leading Bahamian hotelier yesterday said resorts were looking at a 5-7 per cent year-over-year room rate increase for the peak 2013 Winter season, adding that it was “premature to ring the Doomsday Bell” over the so-called US ‘fiscal cliff’.
Discover Moringa
By Dr Betty Adderley
S&P goes ‘negative’ on Bahamas as debt ratio rises 11% pts
Wall Street last night forecast that the Bahamas’ net government debt would hit 45-47 per cent of GDP by 2013-2014, a double digit rise in three years, as one rating agency slashed its economic outlook on this nation to ‘negative’.
Exuma 56% 'willing' on mobile payments
More than half of Exuma residents are “likely” to use their mobile phones for financial transactions, making the island a fertile testing ground for the Central Bank’s digital Bahamian currency pilot.The regulator’s survey of Exumian payments habits,
