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BTC targets Internet lead with 90% fibre coverage

The Bahamas Telecommunications Company (BTC) is aiming to cover 90 percent of New Providence with its new fibre network within the next nine months as it placed broadband Internet at the core of yesterday's corporate rebranding.

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Contaminated oil a new blow to Andros power

A CONTAMINATED supply of fuel led to a new shutdown of a power unit in Andros as restoration efforts continued following the fire that severely damaged BPL’s North Andros Power Station last week.

Students are warned about dangers of joining gangs

ASSISTANT Commissioner of Police Solomon Cash recently visited Jack Hayward High School where he spoke to 80 to 90 senior students about the dangers of gangs.

Dealers chief’s 80% auto import slash

A leading dealer says he reduced new auto imports by 80 per cent during 2015’s fourth quarter, in a bid to align them with a market that has shrunk by more than one-third.

Memories early opening gamble 'now paying off'

A senior tourism official yesterday said Grand Bahama’s Memories resort is forecasting an 80 per cent average annual occupancy rate, arguing that the gamble to open the property before it was 100 per cent complete was paying off.

$357,000 of repairs approved for 37 Sweeting Cay Homes

THE Disaster Reconstruction Authority has approved some 37 homeowners on Sweeting’s Cay for nearly $360,000 of repair assistance under the Small Homes Repair Programme.

70 to 80 correctional officers 'still waiting on promotions'

DESPITE 110 correctional officers being promoted to corporals this week, the Correctional Officers Staff Association estimates that many more await their awards.

Labour director sees outsource dispute rise

The Director of Labour says employee outsourcing by Bahamian companies has provoked a number of disputes, particularly in the financial services and hotel industries.“There have been a number of matters from trade unions that had a small pocket of th

Freeport now 'worth $11bn'

The total infrastructure investment in Freeport today is worth $11 billion, the Grand Bahama Port Authority’s (GBPA) chairman yesterday saying this exceeded annual Bahamian GDP and “could not be replicated.

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Jonquel Jones reflects on her standout season

JONQUEL Jones and the Connecticut Sun fell one game short in their historic run toward a WNBA Championship, but the fourth year forward has established herself as one of the premier players in the league with her standout season.Jones averaged 19.2 p

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Country cannot sustain COVID cases rise 'much longer'

TOP public health officials have warned that the country cannot sustain the continued rise of COVID-19 cases and hospitalisations “for much longer” as both resources and staff remain stretched beyond capacity.

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‘THERE’S NOTHING TO WORRY ABOUT’: Medical staff lead the way and urge others to follow

MORE than 60 healthcare workers and senior executives from the Public Hospitals Authority received their first shots of the Oxford-AstraZeneca vaccine at Princess Margaret Hospital yesterday, marking the official rollout of the country’s vaccination campaign against the deadly coronavirus.

Internet gives 30% boost for Bahamian tourism forecasts

The Bahamian tourism industry’s ability to accurately predict visitor arrivals trends increases by 30 percent if it incorporates Internet search data into its forecasts, an IMF paper has revealed. The report Where should we go? Internet searches and

BORCO: 58% OF STORAGE MONIES FROM 3 CLIENTS

By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) parent has listed the Grand Bahama-based facility's narrow customer base among its material risks, with 58 per cent of its core oil storage revenues coming from just its

BORCO: 58% OF STORAGE MONIES FROM 3 CLIENTS

By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) parent has listed the Grand Bahama-based facility's narrow customer base among its material risks, with 58 per cent of its core oil storage revenues coming from just its

BORCO: 58% OF STORAGE MONIES FROM 3 CLIENTS

By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) parent has listed the Grand Bahama-based facility's narrow customer base among its material risks, with 58 per cent of its core oil storage revenues coming from just its

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BISX-listed Fund eyes restart for dividends after 15-year gap

The BISX-listed Bahamas Property Fund’s Board will within the next month receive a recommendation to resume investor dividend payments after a 15-year hiatus following completion of its $8m preference share financing.

80% Baha Mar vendor payout by tomorrow

Baha Mar’s creditor payout committee believes it will “have dealt with” about 80 per cent of Bahamian vendor and contractor claims by tomorrow, as it explores ways to “speed up” the process.

$500M REVENUE RISE NO FISCAL GAP BRIDGE

By NEIL HARTNELL Tribune Business Editor The Government's annual fiscal deficit averaged more than $170 million during the 2002-2008 'economic boom' years despite an almost $500 million rise in revenues over that period, showing that reining in out-of-co

BTC staff on ‘pins and needles’ over job cuts

BAHAMAS Communications and Public Officers Union (BCPOU) president Bernard Evans said yesterday that employees at the Bahamas Telecommunications Company (BTC) were on “pins and needles” over imminent redundancies, with a meeting expected with management early next week.