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BEC pollution liability 'could be over $100m'
The successful bidder(s) for the Bahamas Electricity Corporation (BEC) will inherit potentially massive environmental liabilities, it was revealed yesterday, in addition to a $350 million debt mountain and $81 million employee pension fund deficit.
Web shop industry: 2,000 jobs will be lost due to tax hikes
The web shop industry yesterday warned that 2,000 jobs will be lost, and 75 per cent of its locations will close, if the Government follows through with aggressive triple-digit tax hikes.
Moody's: Tourism, domestic demand woe make Budget too 'optimistic'
A Wall Street rating agency yesterday effectively warned the Christie administration its Budget sums were unlikely to add up, with the tourism industry - down 18 per cent from its pre-recession visitor spending peak - set to lag the overall economic recovery.
Gibson, Gray and Huskies top Roker and X-Men
ANOTHER matchup of Bahamian players in Canada’s U Sports basketball produced several career high performances and close finishes. Qyemah Gibson, Sebastian Gray and the St Mary’s Huskies defeated Azaro Roker and the St Francis Xavier X-Men in a home-
Jonquel leads her team into title series in WCBA
JONQUEL Jones’ offseason in China has seen her become one of the league’s most dominant players as she leads her team into this weekend’s Championship series.Jones leads the Shanxi Xing Rui Flames into the championship of the Women’s Chinese Basketball Association for a best-of-five matchup against the Beijing Great Wall.
Nassau/PI resorts enjoy ‘best quarter’ for 7 years
The Nassau/Paradise Island hotel industry has enjoyed its “best quarter performance for seven years” during the first three months of 2015, with occupancies ahead of year-before comparisons through April.
Four Bahamian players all set for NCAA ‘March Madness’
FOR the second consecutive year, four Bahamian players and their respective universities received bids into the 68-team field for the NCAA Men’s Division I Tournament, commonly referred to as “March Madness.”
Turtle killer
Re: Hunt for turtle’s hammer killer.
Oil explorer shrugs off end to ‘exclusive’ talks
A Bahamas-based oil explorer yesterday said it was now locked in joint venture talks with “multiple parties” after a “major global oil company” ended their exclusive negotiations.
Turning up the Heat on the Raptors
MIAMI (AP) -- LeBron James wants some rest. He also wants to play. For now, the desire to play seems to be stronger. And his MVP candidacy may be a beneficiary of that decision. James scored 28 points before taking the fourth quarter off, Mike Miller added
McLean and No.2 Cougars advance to NCAA ‘Sweet 16’
MIKHAIL McLean and the Houston Cougars were one of the few higher seeds to avoid an upset and have advanced to the NCAA Division I Mens’ Basketball Tournament’s “Sweet 16.”
Baha Mar gets $2m severance pay nod
Baha Mar yesterday obtained Bankruptcy Court authorisation to pay almost $2 million in severance monies, with July 20 now seemingly set as the date that will determine the fate of several thousand employees.
VAT health claims change may drain foreign reserves
THE changed VAT treatment on health insurance claims payouts could further drain The Bahamas’ foreign reserves by driving patients to seek care outside the country, a senior executive warned yesterday.
Aliv places Dorian repairs at $5m-$10m
Aliv yesterday completed the full restoration of its mobile towers in Abaco and east Grand Bahama, finishing a storm recovery “first phase” estimated to have cost between $5m-$10m.
Sports Notes November 14
MACEDONIA and Golden Gates continued where they left off as the Baptist Sports Council’s defending champions, opening up the 2012 season on the winning note in the 19-and-under, co-ed and men’s divisions respectively at the Banker’s Field, Baillou Hills Sporting Complex, on Saturday.
Delroy making a name for himself with the Knights
SINCE joining the Niagara College Knights men’s basketball team, Delroy Grandison has been making a name for himself.
Former Assistant Commissioner of Police Paul Thompson dies age 96
Former Royal Bahamas Police Force Assistant Commissioner Paul Thompson has died, aged 96.
Ayton dunk marks the 10,000th career assist of ‘Point God’
DEANDRE Ayton made 10 field goals in his Phoenix Suns’ win over the Los Angeles Lakers Sunday night, but none were bigger than the one that helped Chris Paul secure a place in NBA history.
VAT not mandatory for 15,000 firms
More than 80 per cent of Bahamian companies, numbering more than 15,000, will not be mandated to pay Value Added Tax (VAT), with financial services and health/education among the industries exempt from paying it.
U SPORTS: Mixed results for Bahamian players in Canada
U SPORTS men’s basketball continued following the winter break, and Bahamian players continued to compete at the top level in Canada with mixed results. Shamarr Burrows, Jordan Wilson and the Dalhousie Tigers continue their undefeated run in the AUS
