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Cybots stop Pros 88-77

By BRENT STUBBS

Concerns that hotel tax breaks unduly exploited

A BAHAMIAN businessman has voiced concerns that foreign investors are unduly exploiting Hotels Encouragement Act incentives to obtain tax breaks on construction materials for large vacation rental properties.

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Bahamas sees $715m gain if ‘infrastructure gap’ closed

The Bahamas stands to gain a $715m boost if it invests just $31m to close the “digital infrastructure gap” between itself and the world’s leading economies, a multilateral lender is arguing.

No VAT prosecutions, as quarterly filers hit over 80% compliance

The Government has yet to bring any prosecutions against delinquent Value-Added Tax (VAT) payers, while confirming last night that more than 80 per cent of quarterly filers had met the April 28 deadline for their first returns.

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Albury, Greene lead team to wins

THE Chipola coaching staff has raved about the contributions of its Bahamian stars as the team has continued its undefeated season and risen as high as no.4 in the national junior college rankings.

High school basketballers jostle for spot in the playoffs

THE high school basketball season is winding down in both the Bahamas Association of Independent Secondary Schools and Government Secondary Schools Sports Association as senior boys’ teams jostle for playoff position and final seeding.

Clubs and Societies: 02262016

Club Awari. - David Sands, local entrepreneur and promoter of ‘Mind Games’, organised the first afternoon of a new initiative for his Club Awari at the Green Parrot, East Bay Street on Saturday.

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FNM leader hits out over rate of murders

AS the murder rate hit 86 for the year, FNM leader Dr Hubert Minnis called on the governing PLP to do a better job in tackling crime.

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Bahamas bounces back with win over Suriname

AFTER losing the opening game of the FIBA U17 Centrobasket Championship for Women 53-39 to Costa Rica, the Bahamas bounced back on Thursday to take their frustration out on Suriname with a 86-69 rout.

Food prices to ‘never return to pre-COVID’

The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”

Rahming remains as Baha Mar liquidator

Bahamian accountant Ed Rahming yesterday said he remained one of Baha Mar’s three provisional liquidators amid expectations that their appointment will be ended tomorrow by the Supreme Court.

Sports Notes

THE Baptist Sports Council has announced that its 2015 volleyball classic will be held at the DW Davis Gymnasium on Saturday, October 31.

Sports notes

THE Baptist Sports Council has announced that its 2015 volleyball classic will be held at the DW Davis Gymnasium on Saturday, October 31.

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DNA: Christie saying no one else in his party is fit to lead

DEMOCRATIC National Alliance Leader Branville McCartney said Prime Minister Perry Christie’s assertion that the Progressive Liberal Party may become unstable without him is a “slap in the face to other persons” in the governing party.

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Fishing event brings in the crowds

GRAND Bahama Shipyard’s 4th annual Youth Benefit Fishing Tournament had a “fantastic” turnout this year with increase in fishermen and spectators alike.

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PM at groundbreaking for marina village in Andros

PRIME Minister and Minister of Finance Perry Christie congratulated his friend of many years, Prescott Smith and his business partner Geneva Wilson on the groundbreaking for Blue Hole Marina Village & Andros Island Fuels in Fresh Creek, Andros this week.

BTC TAKES 4G TO GRAND BAHAMA

The Bahamas Telecommunications Company (BTC) has introduced its fourth generation (4G) network on Grand Bahama via a soft launch. Coming almost a month ahead of schedule, it follows the official launch of the same technology in New Providence one week ea

'Risk' broker may not return investor funds

There is a “legitimate risk” that a BISX-listed broker/dealer may not return funds caught up in a $340 million Ponzi scheme to their rightful owners, court documents obtained by Tribune Business have alleged.

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NPBA: Giants and Regulators on collision course for big showdown

THE Commonwealth Bank Giants and Mr Ship It Freight Regulators are on a collision course for a big showdown in the John Archer Division of the New Providence Basketball Association’s 2017 postseason.

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Wilchcombe ‘very pleased’ with efforts to fight crime

TOURISM Minister Obie Wilchcombe yesterday said officials are making marked progress in protecting the country’s tourist areas from the criminal element.