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Pinewood still plagued by flooding in community
ADMITTING the chronic flooding in Pinewood is a “historic issue”, area MP Reuben Rahming yesterday confirmed additional drains will be placed in the constituency.
Gov't targeting 75-90% VAT comply 'high range'
The Government is expecting to achieve Value-Added Tax (VAT) compliance rates in the 75-90 per cent “high range” enjoyed by other Caribbean nations, a senior Ministry of Finance official has revealed.
‘Buddy’ Hield and Pacers fall to Lakers
CHAVANO “Buddy” Hield, who was linked to trade rumours with the Los Angeles Lakers, watched as LeBron James and Anthony Davis put on a show to dismantle his Indiana Pacers to claim the first National Basketball Association’s In-Season Tournament title.
The pumpkin that grew and grew and grew . . .
ZELDA Bevans intends to share her mother’s latest gift – a 50 pound pumpkin grown on her farm in South Andros – with family and friends.
Man shot dead and second victim in hospital
POLICE are investigating a shooting in Montell Heights yesterday that left one man dead and another in hospital in serious condition. Residents told The Tribune at the scene that yesterday’s incident was the third day of shooting in the area.
Latest delay in family dispute
THE legal dispute between the millionaire Weissfisch brothers experienced another setback yesterday as the matter was adjourned to a date to be announced by the Court of Appeal.
Late Joseph goal sees Titans through against Dynamos
THE Bahamas Football Association continued its regular season action on Wednesday night at the Roscoe AL Davies Soccer Field.
Butler-Turner insists that Long Island will recover
AS REBUILDING efforts begin to take shape in Long Island, area representative Loretta Butler-Turner held the second in a series of town meetings, working to ensure that all concerns raised by residents are heard.
Water Corp to cut Consolidated debt to under 90 days
THE Government is aiming to reduce the Water & Sewerage Corporation’s (WSC) arrears with BISX-listed Consolidated Water, its main supplier, to just under 90 days, after approving a $20 million subsidy for the 2014/2015 fiscal year.
Abaco’s airlift capacity up 9%
Abaco has attracted 47,000 stopover visitors year-to-date, a Ministry of Tourism official says, with the island’s airlift capacity for international arrivals increasing for the third straight year.
Nassau/PI resort room revenues decline 7.4%
The Bahamian economy remained “relatively flat” in September, the Central Bank of the Bahamas revealing yesterday that Nassau/Paradise Island hotel room revenues were down 7.4 per cent year-to-date for the first nine months of 2013.
Securities sales
The performance of The Central Bank sale of Securities recently is exceptionally significant not because the securities were over-subscribed but only 25% of a $34m offer caught interest of those who purchase.
‘Hope and pray’: Food, energy cost hike may last three years
Bahamians were yesterday urged to “hope and pray” that the World Bank’s forecast of high food and energy costs lasting three years does not come true, with cooking oil and other staples increasing by up to 80 percent in recent months.
Bahamas First in 18.5% motor claim increase
Bahamas First has seen a 20 percentage point decline in comprehensive insurance policies’ share of its auto book since the recession began, with total Bahamian motor claims increasing by 18.5 per cent in 2012. ==
Tax break may help 41,000 homeowners
Prime Minister Perry Christie yesterday said more than 41,000 homeowners could benefit from the Government’s decision to waive real property tax arrears for owner-occupied homes valued at less than $250,000.
PI resorts eye 90% Xmas occupancies
Major Paradise Island resorts are eyeing 90 percent occupancy levels for the Christmas and New Year holiday, an industry executive said yesterday, with the sector closely watching March softness. Carlton Russell, pictured , the Bahamas Hotel and Tou
MEDIUM HOTELS ENJOY 4-7% OCCUPANCY RISE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MEDIUM-sized Nassau hotels have seen business levels exceed expectations, with occupancies up between 4-7 percentage points, and exclusive properties such as Graycliff and the Parad
MEDIUM HOTELS ENJOY 4-7% OCCUPANCY RISE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MEDIUM-sized Nassau hotels have seen business levels exceed expectations, with occupancies up between 4-7 percentage points, and exclusive properties such as Graycliff and the Parad
MEDIUM HOTELS ENJOY 4-7% OCCUPANCY RISE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MEDIUM-sized Nassau hotels have seen business levels exceed expectations, with occupancies up between 4-7 percentage points, and exclusive properties such as Graycliff and the Parad
URCA boosts BTC with promotion 'cool-off' slash
Regulators have reduced the time span between when communications providers can launch ‘similar promotions’ from 120 to 90 days, after the Bahamas Telecommunications Company (BTC) complained existing restrictions were harming consumer welfare and its ability to fight competitors.