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$5.5bn refinery: 80% of jobs for Bahamians
THE developer behind the proposed $5.5 billion oil storage terminal and refinery for Grand Bahama yesterday pledged that 80 per cent of jobs will go to Bahamians. Peter Krieger, Oban Energies’ non-executive chairman, speaking at the signing of a Memo
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.
Lawyer: We must act now on climate change
WITH The Bahamas recognised as one of the most vulnerable countries to rising seas that could swallow up to 80 per cent of the land mass of the islands by the end of the century, a leading environmental consultant and attorney is calling for “immediate radical action” to stem the tide of climate change.
Permit roadblocks to Baha Mar’s $80m Chapter 11 financing
Baha Mar faces further Government roadblocks even if it obtains Supreme Court recognition of the Chapter 11 bankruptcy protection, as it has yet to obtain necessary Bahamian approvals for the $80 million financing facility created by its principal.
Sandals eyes $1m in storm repairs
SANDALS Royal Bahamian’s general manager yesterday estimated the resort would spend just under $1 million to carry out repairs to areas damaged by Hurricane Sandy, telling Tribune Business that its occupancy levels were near 80 per cent at the time of the storm.
Sailing for science
OFFICIALS yesterday praised the STEM for the Oceans programme that hosted 80 students and others on board the world’s largest cruise ship, calling the initiative something that speaks to the bright future for Bahamian natural resources.
NHI will cost you $15-$80 a month
THE government is “revamping” National Health Insurance to focus more on catastrophic care with the introduction of the BahamaCare Plan and expects a contributory plan of $15 to $80 per month to fund it.
80 to 100 voluntary job cuts offered at Water and Sewerage
THE Water and Sewerage Corporation is considering offering 80 to 100 voluntary separation (VSEPs) packages to employees as it looks towards “right-sizing,” according to Executive Chairman Adrian Gibson.Saying that plans are now underway to have the p
NPBA: Shockers get 92-79 win over Regulators
A BUSY night on the New Providence Basketball Association schedule featured several blowout wins for division contenders.
McCartney: ‘I’m still trying to get more linebacker reps and go after that spot’
NOW one of the veteran leaders on the defending Grey Cup champion Calgary Stampeders, special-teams ace Bahamian Karl McCartney reflected on his time with the club thus far and his plans for the immediate future.
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.
Mandatory guides push threatens 80% of fly fishing impact
The Bahamas could lose almost 80 per cent of the fly fishing industry’s $141 million annual economic impact if it alienates the ‘do-it-yourself’ anglers, a leading tourism executive has warned.
Banks urged: Lower your debit card fees
REDUCED fees on debit card transactions could significantly boost commerce in the Bahamas, a leading businessman noting that credit card purchases effectively ruled out roughly 80 per cent of the shopping public.
Jones: 'We move the ball really well'
Already the most successful postseason run of her WNBA career after a single series, Jonquel Jones and the Connecticut Sun took game one of their semi-finals matchup.The Sun have been on the losing end of single game elimination scenarios at the hand
Minor leaguer Chisholm promoted to Single A-Advanced
IT has been a week of highlights for Bahamian minor league baseball players featuring promotions and career days at the plate for several players.Jazz Chisholm was promoted to Single A-Advanced and Anferee Seymour made a successful return from the di
Top ballers making an impact in Europe
EARLY in their respective seasons, some of the country’s top national team members and prominent names in Bahamian basketball are adjusting well to their new surroundings on the European and Middle Eastern circuit.
UB Mingoes men’s basketball team opens the season with losses
UNIVERSITY PARK, Illinois – The University of The Bahamas Mingoes men’s basketball team lost both games at the Governors State University Jaguars Tip-Off Classic over the weekend.
Aliv in ‘phenomenal position’ financially
The Bahamas’ new mobile operator is in “a phenomenal position” financially, having secured $186 million in start-up funding prior to this week’s planned capital raising.
GB power officially opnes its $80M generation plant
The Grand Bahama Power Company (GBPC) has officially opened its $80 million West Sunrise Plant (WSP).
Law team to do battle
BAHAMIAN students in the UWI law programme at COB have a once in a lifetime opportunity to participate in a world class moot competition in Washington DC next month. With more than 500 law schools represented from more than 80 countries, the competitors
