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BORCO targets 20-30% tanker traffic growth

The Bahamas Oil Refining Company (BORCO) is the “ideal location” to service the expected 20-30 per cent increase in tanker traffic resulting from the Panama Canal expansion, its owner yesterday describing the facility as the “optimum spot” for a bunker filling station and crude oil ‘top up’ unit.

Ayton leads Suns to win on 22nd birthday

Deandre Ayton celebrated his 22nd birthday with a return to the court and led his Phoenix Suns to a win in their debut at the NBA’s season restart.

Chamber endorses CEO over 10-year securities barring

The Chamber of Commerce last night fully endorsed its chief executive’s performance and integrity after details of his ten-year securities industry ban and total $210,000 fines emerged.Michael Maura, the Chamber’s chairman, in a signed statement desc

Jones posts double double - 29 points, 13 rebounds - in WNBA All-Star game

JONQUEL Jones displayed why she is a star among WNBA stars and shined on the brightest stage among the league’s best players at its midseason classic.

Latest Bahamian talent holds court at Holland College

HOLLAND College has been a pipeline through which Bahamian talent can access higher education in recent years via a number of sports including football, volleyball, soccer and basketball.

Economy 2% smaller than pre-COVID at 2023’s end

The Bahamas’ economic output will still be 2 percent below pre-COVID levels even if growth forecasts through to end-2023 become reality, a local investment analyst warned yesterday.

81 new cases of COVID-19, death toll rises to 86

EIGHTY-ONE additional cases of COVID-19 cases were confirmed Thursday while the death count has risen to 86.

Venture fund sees loan repayments drop 16%

The Government-sponsored venture capital fund has seen loan repayment sums fall by up to 16 percent due to the COVID-19 pandemic's devastating impact on clients who received debt financing.

Broker 'optimistic' doctors' captive issues resolved

By NEIL HARTNELL Tribune Business Editor A Bahamas-based insurance executive is "optimistic" that differences with the regulator over a captive insurer providing coverage to 70-80 Bahamian physicians

PM: 20% hotel vacancy cut to hit jobless goal

The prime minister yesterday argued his six percent unemployment rate goal can be achieved by increasing average occupancy rates at existing Bahamian hotels by 20 percentage points. Dr Hubert Minnis, telling the House of Assembly that his ambitious

Stampers knock off the Breezes High Flyers 91-87

THE Triple K Stampers knocked off the defending division II champions Breezes High Flyers 91-87 to highlight Saturday’s NPBA action at the AF Adderley Gymnasium.

Local standouts shine in Caribbean Tip-Off Classic

IN addition to some of the top prep basketball recruits in the United States, Canada, and Finland, the first Caribbean Tip-Off Classic also gave local standouts an opportunity to showcase their skills.

‘Buddy’ scores 28 in loss to Ayton and Suns

DEANDRE Ayton and the Phoenix Suns got the edge in their first matchup of the season against Buddy Hield and the Sacramento Kings.

Union chief: Taking vaccine should be a choice for teachers

TAKING the COVID-19 vaccine should be a personal choice for teachers, Bahamas Union of Teachers President Belinda Wilson said yesterday.

S&P’s higher deficits on VAT ‘uncertainties’

Standard & Poor’s (S&P) has agreed that there are “indeed uncertainties” surrounding Value-Added Tax (VAT) implementation, and is less optimistic than the Government in projecting a 3 per cent fiscal deficit for 2015-2016.

Eviction notices placed on 95 shanty structures in Abaco

EVICTION notices were posted on 95 structures in an unregulated community in Abaco on Wednesday as the government ramps up efforts to eliminate shanty towns on that island.

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.

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