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Tourist shoppers: VAT refund to fall to 85%

Visiting duty-free shoppers will be refunded 85 per cent of their Value-Added Tax (VAT) payments from July 1 this year, when the Government’s private sector contractor takes over management of the process.

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Nation ‘on track’ to reduce deficit

PRIME Minister Perry Christie said yesterday the government is “on track” to reduce the country’s deficit and increase revenue by the end of the fiscal year.

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Scheidt leads after day one

IT WAS a perfect first day for the second Star Sailors League Finals in Nassau with sun and wind in abundance. The racing had it all, including a sudden downpour, lots of jostling around the marks, collisions, penalties and, most importantly, neck-and-neck finishes with surprise winners.

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Natasha Newbold ‘was a strong-minded individual who never felt that she would fail’

NATASHA Newbold played a pivotal role in the sport of bodybuilding and powerlifting. She was a strong-minded individual who never felt that she would fail or not be able to finish a race.

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Darville tables new NHI Bill in Parliament

HEALTH and Wellness Minister Dr Michael Darville yesterday tabled the new National Health Insurance Bill 2022, which once passed will repeal the NHI legislation of 2016.

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Team Bahamas 4th at the Caribbean Amateur Junior Golf Championships

TEAM Bahamas fell short of their goal of getting into the top three with a fourth-place finish at the Caribbean Amateur Junior Golf Championships in Humacao, Puerto Rico.

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Chisholm’s 3B, 2B lead Marlins over Phillies for series win

JASRADO “Jazz” Chisholm Jr continues to emerge as the face of the Miami Marlins franchise and his hot start to the season has him among the team leads early in the 2022 season.

PwC: Governance failures will cost companies dearly

Companies could lose key staff, customers and investments if they fail to live up to environmental, social and governance (ESG) expectations, a Bahamian accountant said yesterday.

Marathon Bahamas ready for the off

by RENALDO DORSETT Sports Reporter rdorsett@tribunemedia.net Just days remain until runners from across the globe submerge on the capital for the second annual running of Marathon Bahamas and organisers are making the final preparations along the race co

IDB to combat 'stodgy' image

By NEIL HARTNELL Tribune Business Editor The Inter-American Development Bank's (IDB) country representative yesterday pledged to reach out more effectively to the Bahamian private sector, admitting that the institution was perceived as "too stodgy and bu

$10m Port IPO hits the road

The roadshow for Arawak Cay Port Development's (APD) $10 million initial public offering (IPO), which kicked off last week, has received significant public interest, the company says. APD began the meetings at the Harry C Moore Library in Nassau, and the

'CATASTROPHE' WARNING OVER INDUSTRIAL UNREST

By NEIL HARTNELL Tribune Business Editor Widespread labour-related disruption "could be catastrophic" for an already-weak Bahamian economy, the Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman yesterday warning that this was "po

'Aggressive' insurer targets the Bahamas

By NEIL HARTNELL Tribune Business Editor An "aggressive" St Maarten-headquartered underwriter has caused a stir in the Bahamian general insurance market after obtaining regulatory approval to write business in this nation, Tribune Business can reveal, a

PAHO Director Emeritus Dr Carissa F. Etienne dies

The Pan American Health Organization announced on Friday that Director Emeritus Dr Carissa F. Etienne has died.

Coral restoration drive to boost ‘blue’ economy

The Ministry of Tourism yesterday partnered for a coral reef restoration drive that aims to boost sustainable tourism and the 23 percent of Bahamian economic output generated by the ocean economy.

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Headaches

A significant health problem in today’s society is headaches. Not only are they painful and debilitation to the people who have them, they cause lost productivity, which can cost in the millions of dollars.Headaches are one of the most common reasons

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Buddy named to NBA All-Rookie First Team

BUDDY Hield’s stellar play during his rookie season was officially recognised by the NBA as the league began to dole out its end-of-year awards yesterday.The Grand Bahama native and Sacramento Kings guard was named to the 2016-17 NBA All-Rookie First

Economy set to contract by 15%

The Bahamian economy is likely to shrink by 15 percent this year due to the combined effects of COVID-19 and Hurricane Dorian, a financial analyst has predicted. Anthony Ferguson, CFAL’s principal, speaking to a webinar hosted by the Chartered Finan

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‘OVERWHELMED’: Nurses’ leader says staff struggling with stream of new COVID patients

AN increase of COVID-19 hospital admissions is overwhelming public sector nurses who are already strained by “poor” working conditions, Bahamas Nurses Union president Amancha Williams said yesterday.

Robotics and renewables join high school curriculum

The Ministry of Education is adding robotics and sustainable energy as topics to its high school curriculum in a bid to further reduce workforce skills gaps in industries The Bahamas wants to develop.