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Bahamasair off 35% against pre-COVID
Bahamasair’s peak summer revenues were down by 35 percent compared to pre-COVID19 figures, its chairman has revealed, although passenger occupancy on its US routes averaged around 80 percent.
BISX: 50/50 buyer-seller ratio 'damn good market improvement'
The Bahamas International Securities Exchange’s (BISX) chief executive believes a “damn good improvement” is occurring in the stock market, with the buyers-to-sellers ratio now standing at 50/50 after deteriorating to 20/80 at the recession’s peak.
$80m energy project eyes 25% cost slash
An $80 million renewable energy project believes it could slash electricity costs for consumers on 15 Family Islands by at least 25 per cent, having met or exceeded the Government's own pricing targets.
Liquidator blasts own creditors committee
A Bahamian broker/dealer’s liquidator has resumed battle with his own creditors committee by blasting their criticism of his $1m-plus fees as “significantly lacking in substance, truth and accuracy”.
Gov't targeting $660m revenue rise in 4 years
The Government is targeting improved revenue yields equivalent to 4 per cent of Gross Domestic Product (GDP) as the centrepiece of its plan to generate a recurrent Budget surplus within three years, it was disclosed yesterday.
Another career milestone for our WNBA star
JONQUEL Jones reached another career milestone this season and added another résumé builder to an MVP calibre 2021 season.
Softball Games prelude to Public Service Week
PUBLIC service workers enjoyed softball games at the Blue Hills Sporting Complex on Saturday morning in their leadup to full launch of their commemorative week.
Pinder back in role
EDITOR, The Tribune. As a resident of Spanish Wells I have waited now for a week to see if any of the PLP loudmouths and some Internet site called Bahamas Press - who carried on in the media and also in Parliament back in July about the fact that they ha
Tourism executives meet police on security issues
THE Bahamas Hotel and Tourism Association (BHTA) and the Downtown Nassau Partnership (DNP) met with officers at downtown’s Tourism Police Station to discuss security issues.Representatives from the two organisations met with Superintendent Anthony Ro
Shipyard to donation helps marching band
THANKS to a donation from the Grand Bahama Shipyard, the Grand Bahama Legends Marching Band can now fund their much-awaited trip to Sanford, Florida.
VAT real estate 'game changer'
Value-Added Tax’s (VAT) impending implementation may give buyers “the push” to secure properties before January 1, one realtor suggesting: “It may be better to do it now rather than seven months from now.”
Properties taxed on just 40% of value
The average Bahamian property is being taxed on just 40 per cent of its market value, a report warning that this is creating “efficiency and equity distortions” that undermine revenue yields and compliance.
Bahamas must target 70% cruise visitor ratio
A well-known hotelier says The Bahamas must do a better job on cruise passenger “conversion” and increasing the number of resort rooms if it is to maximise tourism’s economic benefits.
GB Power: No rate rise from $18.3m asset recoveries
The Grand Bahama Power Company’s (GBPC) majority shareholder yesterday confirmed it had been given regulatory approval to recover $18.3 million tied up in retired generation units, although it emphasised this would not lead to an increase in customer tariffs.
Six deaths confirmed in two days
FOUR more deaths were recorded on Thursday - following two confirmed on Wednesday in the latest date from the Ministry of Health.
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.
Fox and Chisholm named to Arizona Fall League rosters
LUCIUS Fox and Jazz Chisholm continue their progression through their respective Major League Baseball organisations and reached another pair of milestones this week.
Burrows, Augustin-Fairell make season debuts in France
THE French Pro A League tipped off the 2018-19 season and both Bahamian players made their season debuts.Jaraun “Kino” Burrows and his Fos-Sue-Mur Provence Byers competed in Pro A for the first time while Jonathan Augustin-Fairell played his first ga
Shockers, Cybots take early lead in playoffs
The Shockers and Mail Boat Cybots took early leads in their respective series as the New Providence Basketball Association (NPBA) Playoffs got underway Monday night. Both series will continue with game two on Friday.
James, Heat escape with 97-93 win over Bulls
By TIM REYNOLDS AP Sports Writer MIAMI (AP) -- The odds had to overwhelmingly be in Chicago's favor. Down by a point with 22.7 seconds left, with Derrick Rose heading to the line to shoot a pair of free throws. The reigning NBA MVP. He was a perfect 29 fo
