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IDB: Bahamas ‘4x costlier’ over company registration
Registering a company in the Bahamas is “four times’ costlier” than in developed countries, with less than 3 per cent of government procedures able to be completed online.
Baha Mar construction finish to require $400m
Baha Mar’s construction completion will cost some $400 million, the Central Bank said last night, with around 95 per cent of the project’s full-time employees to be Bahamian.
Man who died in plane crash was 88-year-old Texas native
POLICE have confirmed the American citizen killed when his small plane crashed on the island of Eleuthera as 88-year-old Coy Lee Austin.
Mingoes shot down by Rockets
THE University of The Bahamas Mingoes men’s basketball team lost to the Discount Distributors Rockets for the second time this season 88-81 Wednesday night at the CI Gibson Gymnasium.
Thunder clobber Lakers 119-90
By JEFF LATZKE AP Sports Writer OKLAHOMA CITY (AP) -- Russell Westbrook had 27 points and nine assists, Kevin Durant added 25 points and the Oklahoma City Thunder blasted the weary Los Angeles Lakers 119-90 on Monday night in the opening game of the Weste
Dorian-hit firm: We will be 'stronger than ever'
A major Freeport retailer/wholesaler is aiming to “fully reopen” its building materials division tomorrow, as it pledged to rebound from Hurricane Dorian “stronger than ever before”.John Doherty, Kellys (Freeport’s) general manager, told Tribune Busi
Treasure Cay seeks $59m purchase to ‘maximise potential’
The Treasure Cay Resort Marina and Golf Course is seeking a buyer that will take the area to its “maximum potential”, Tribune Business has been informed.
Insolvency Association to discuss legal reform
The Restructuring and Insolvency Specialists Association (RISA Bahamas) is to host a roundtable discussion on proposed changes to this nation’s insolvency legislation.
Grand Bahama Shipyard helps East End schools
FREEPORT – Last week, Minister of Education Jerome Fitzgerald toured improvements to East End schools and a visited a media centre donated by the Grand Bahama Shipyard.
Sports in brief
THE Bahamas Bowling Federation has announced that its trials for the Tournament of Americas is scheduled to start 7pm Wednesday.
A gift to help regatta
THE Cat Island Regatta is an established fixture on the Bahamian summer calendar and this year’s event in August will offer a busy programme and upgraded facilities.
'Buddy' Hield: 'I know what I'm worth'
NEGOTIATIONS continue between Buddy Hield and the Sacramento Kings with just days remaining for the parties to reach an agreement on a contract extension. According to Chris Haynes of Yahoo Sports, the two sides remain $20 million apart after the Ki
Concern at fishing plan
WHEN I wrote my last letter (November 1, 2016), expressing my concern for the increased Chinese influence, I was not aware of the information that has surfaced regarding the proposed 10,000 acres of farm land in North Andros.
Last surviving colonial governor dies, aged 101
THE last surviving British colonial governor of the Bahamas has died in England at the age of 101.
Insurers say many claims over floods
INSURANCE companies reportedly have “a lot of claims coming in” following severe flooding across New Providence, according to industry insiders.
A massive U-turn in China
ActivTrades
Having maintained a strict zero- COVID policy for almost three years, the Chinese government had become a prisoner of it. The strategy was designed to address the low vaccination rates of the elderly population (80 million people aged 80+ years are not vaccinated and 44% of the population did not receive the third dose, this percentage rising to 60% among people aged 80+ years). And, although studies in Hong Kong comparing CoronaVac with BioNTech’s vaccine have not been conclusive, the Chinese government did not seem to have much confidence in the degree of immunity provided by their own vaccines.
Popeyes to add 80 jobs with new site
Popeyes Bahamas is investing more than $2 million to launch its second restaurant on Carmichael Road before year-end 2016, a move that is expected to create 80 jobs.
Electric vehicle 'playing field' uneven through 80% tariff
A BAHAMIAN importer/distributor yesterday urged the new government to use its upcoming Budget to create a 'level playing field' for electrical scooters, telling Tribune Business the existing 80 per cent import tariff made the product "uncompetitive".
NPBA action continues at the AF Adderley gym on Wednesday night
THE New Providence Basketball Association closed out play at the CI Gibson Gymnasium over the weekend and will resume competition at the AF Adderley Gymnasium on Wednesday.
$250m Hurricane Hole project to 'go vertical' by January 2019
A BAHAMIAN developer yesterday said it plans to “go vertical” on its $250 million Hurricane Hole redevelopment within 12 months, after completing the property’s purchase from Atlantis’s owner.Bill Green, president of Sterling Global Financial’s devel
