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$20-$30M INVESTMENT AT LAST HOTEL CORP HOTEL

By NEIL HARTNELL Tribune Business Editor An Illinois-based investor is eyeing a $20-$30 million investment during the first two phases of its plans to transform the last Hotel Corporation-owned property into an upscale boutique resort, with talks aiming

Auto dealers optimistic 2023's 40% surge keeps momentum

A Bahamian new auto dealer yesterday voiced optimism that price stability and better availability will further boost sales in 2024 following a 40 percent year-over-year surge for the first 11 months last year.

VAT registration creaks to a start... 0.005% take-up

The Government is optimistic that Value-Added Tax (VAT) implementation will “not be tumultuous” come January 1, although just 20 companies applied to be taxpayers during the first two registration days.

Energy costs ‘killing our growth prospects’

Renewable energy sector representatives yesterday urged the Government to “give us a chance to prove ourselves”, the Chamber of Commerce describing reform in this industry as the Bahamas’ “single largest priority”.

Battle 4 Atlantis all set for the Imperial Arena

College basketball tourney next month

The Bad Boys Mowers Battle 4 Atlantis is set to return to the Imperial Arena at the Atlantis resort on Paradise Island. The tournament will begin November 18-20 with women’s college basketball teams for the third year. The men’s tournament will follow the ladies from November 22-24 at the same venue.

Rivals to Absorb closed shipper's 15% market share

Some 13 Bahamian jobs will be lost through a shipping line’s closure, although the Nassau Container Port’s chief executive yesterday said its 15 per cent market share would be absorbed by other carriers.

CLUBS AND SOCIETIES 01132017

Cycling Club Bahamas. - Membership fees are due for 2017, $75 for the year. Plans for a new cyclist ID card are in the works. A membership form will be sent by email.

Bahamas ranked low on financial stability reporting’s quality

The Central Bank has been criticised by an International Monetary Fund (IMF) paper over the quality of its Financial Stability Report, which was ranked fourth-bottom out of 20 Latin American and Caribbean nations.

UB Mingoes men's basketball team splits series with visiting Falcons

THE University of the Bahamas Mingoes men’s basketball team gave fans an early look at the development of the programme and reasons to be optimistic about the upcoming season.The Mingoes split their series with the visiting Florida College Falcons at

Trio charged with attack on police officer appear in court

THREE of the four young men charged with assaulting a police officer appeared in the Freeport Magistrate’s Court yesterday.

SPORTS NOTE

THE Walk for the Cure 2017 is scheduled to take place on Sunday.

Sunset Pilot Club makes history in Grand Bahama

THE Sunset Pilot Club of Grand Bahama has made history as the first chartered co-ed Pilot Club on the island.

Jazz one of top 10 shortstop prospects in minor leagues

JAZZ Chisholm’s meteoric rise in the minor league system continues to be recognised by Major League Baseball and various international media outlets.

‘Banana republic’ fear on Carnival date shift

Junkanoo Carnival band owners still face thousands of dollars in losses, their Association president said yesterday, as the farce surrounding the event deepened with its original dates being restored.

Banker’s killer gets 20 years

A SUPREME Court judge yesterday sentenced a man to 20 years in prison for the fatal stabbing of a banker he claimed had made a sexual pass at him in late 2015.

Port's $21m offer 'fully subscribed' a week early

The Arawak Port Development Company’s (APD) $21 million preference share offering was “pretty much” fully subscribed one week before it was due to close, Tribune Business was told last night.

Atlantis Crown Invitational starts tonight

THIS year has been filled with milestones for the sport of gymnastics and now another approaches as the country prepares to host the largest gymnastics competition in the Caribbean.

WNBA: Jonquel Jones earns Player of the Week honours

JONQUEL Jones concluded May with a season low scoring effort but opened June with season highs in three consecutive games to earn WNBA Eastern Conference Player of the Week honours.

Boy’s last words: ‘Grammy, I love you’

A GRANDMOTHER’S worst nightmare has become a reality for Ingrid McIntosh after she was made aware of her eight-year-old grandson’s reported drowning during Hurricane Dorian in Abaco.

‘Buddy’ Hield cans 26 in loss to Trail Blazers

SACRAMENTO, California (AP) — Damian Lillard scored eight of his season-high 40 points in the final four minutes, and the Portland Trail Blazers tied a franchise record with 23 3-pointers to beat the Sacramento Kings 132-126 last night for their fourth straight victory.

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