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Taxi union chief laments 80% Christmas decline
The taxi union's president yesterday lamented an 80 percent decline in Christmas business for his members compared to prior years with the festive season a "far cry" from pre-COVID earnings.
Baha Mar admits to no redundancy cash
Baha Mar has admitted it “does not have sufficient cash” to pay its 2,400 employees due compensation should it have to make them redundant, as its $80 million financing facility has been blocked - at least for the moment - by Government and Chinese opposition.
MAKING HISTORY: 80-member team named for the CARIFTA Games
The Bahamas Association of Athletic Associations (BAAA) announced an historic 80 member 2023 CARIFTA team Tuesday at the Thomas A. Robinson National Stadium.
Long Island bananas: 80-90% destruction
While Long Island farmers likely lost 80-90 per cent of their banana crop due to Hurricane Sandy, Tribune Business was told yesterday, but many homes and businesses were likely to be “back to normal in a few days”.
Rockets, Pros win in NPBA double header
THE New Providence Basketball Association’s season got in full swing with its first double header of the season at the AF Adderley Gymnasium on Monday night.
Compass Point owner 'speaks for 85% of us'
Compass Point’s owner is speaking for “85 percent of business persons in The Bahamas”, the DNA’s ex-leader asserted yesterday, adding: “I sympathise with him big time.” Branville McCartney told Tribune Business that Leigh Rodney’s decision to go pub
PM tours construction site
PRIME Minister Dr Hubert Minnis and Minister of Tourism Dionisio D’Aguilar toured the Goldwynn boutique hotel construction site on West Bay Street yesterday. Construction on the $120 million project has resumed after a temporary stop due to COVID-19
Bahamas ‘still in good position’
The Bahamas men’s national basketball team may have dropped a “disappointing” game to Puerto Rico in their rematch of the FIBA 2025 AmeriCup Qualifier on Sunday night.
Super Value sees 80% business rise through Matthew
Super Value’s owner yesterday said he had seen an estimated 80 per cent spike in business over the weekend, as Bahamians stocked up on food and water ahead of Hurricane Matthew.
GB Power: $80m plant to further lower outages ‘cut in half’ during 2011
Grand Bahama Power Company’s (GBPC) $80 million West Sunrise plant has started operations with a workforce that is 92 per cent Bahamian, the monopoly power provider yesterday saying it would further improve reliability following a year in which outages were “cut in half”.
'VAT holiday? Who's buying uniform for virtual school?'
Retailers are not enthused about the back to school value added tax (VAT) holiday set to run from August 31 to September 20.
Getting caught in the VAT net
Value-Added Tax (VAT) is a levy on profit in terms of the difference between the input cost and the amount billed. The Bahamian model is still evolving. No doubt, there will be more exemptions and exceptions. That said, we will undoubtedly be implementing it. The only doubt is when this will happen.
Roots wants Junkanoo judging change
MEMBERS of The Roots have called for the “abolition” of Junkanoo’s “flawed” judging system, adding it is overdue to be changed.
$140m project: Baha Mar targets 30% energy demand cut
Baha Mar believes its energy demand will be slashed “by 30 per cent or more” as a result of the Government approving a $140 million project to supply all its resorts’ air conditioning (AC) needs.
Bahamians’ presence felt on MLB Pipeline’s Top 30 Prospects list
SINCE Major League Baseball (MLB) Pipeline began listing its top 30 prospects within each franchise for the upcoming 2019 season, Bahamians have been prominently featured.
NPBA: Giants, Stingers in win column
THE Commonwealth Bank Giants were on the right end of a blowout and the PJ Stingers withstood a late charge to score wins in the New Providence Basketball Association on Saturday night.
Jones sets season high 17, Hunter has career high 11
BIG nights from Kai Jones and Sammy Hunter en route to résumé building wins for their programmes highlighted Bahamian student athletes in NCAA Division I basketball on Tuesday night.
Downtown ‘catalyst’ beats goal by $11m
The Nassau Cruise Port’s overhaul is “already serving as a catalyst” for fresh investment in downtown, its top executive has asserted, after its recent bond refinancing was oversubscribed by almost $11m to hit $145m.
Nurses trained to help save limbs
With 13.6 percent of the population of the Bahamas suffering from diabetes, the country is at an epidemic status. Each year, more than more one million diabetics around the world lose at least a leg. Research has shown that 85 percent of all amputations are preceded by an ulcer and can be prevented.
December air arrivals hit 85% of pre-COVID levels
Air arrivals for December 2021 reached close to 85 percent of their pre-COVID levels, the Central Bank revealed yesterday, increasing almost four-fold compared to 2020 figures.