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Skills transfer woe still a ‘sad reality’
The Bahamas must change “the sad reality” that key skills and knowledge are not being passed on to local workers by expatriate work permit holders, a prominent contractor argued yesterday.
BISX Micro Listing Tier 'no brainer'
ESTABLISHING a micro listing facility for small and medium-sized Bahamian companies seeking up to $1 million in capital is among the "major things" the Bahamas International Securities Exchange's (BISX) chief executive is hoping to accomplish by June 2012, expressing hope the exchange could "partner" with the newly-elected PLP government on this and other initiatives.
‘Buddy’ Hield, Fox lead Kings to 113-92 rout of the Knicks
NEW YORK (AP) — Buddy Hield scored 22 points, De’Aaron Fox had 24 and the Sacramento Kings routed the New York Knicks 113-92 last night for their second straight victory following a 0-5 start.
Jonquel leads the way for Russian Foxes
Jonquel Jones continues to lead UMMC Ekaterinburg Foxes in the Russian Championship Premier League.
Retailers: Gov’t ‘drops the ball’ on VAT pricing
The Bahamas Federation of Retailers (BFR) yesterday accused the Government of “dropping the ball” on the Value-Added Tax (VAT) pricing, adding that it was “out of touch” with the reality of doing business in the Bahamas.
Philanthropist who helped The Bahamas dies, aged 75
JOHN M Templeton Jr, one of the world’s leading philanthropists whose work benefitted The Bahamas, has died of cancer at his Pennsylvania home in the United States. The president and chairman of the John Templeton Foundation passed away on Saturday. He was 75.
EDITORIAL: Mitchell worries about legacy
WHILE Health Minister Dr Duane Sands has spent countless hours trying to discover how he is going to find the millions needed to bring the Princess Margaret Hospital up to an acceptable standard, we have Senator Fred Mitchell trying to defend the PLP’s legacy. After reading The Tribune’s front page today we are wondering what legacy there is to defend, but we leave that to our readers.
BORCO enjoys 29% ship berthing rise
The Bahamas Oil Refining Company (BORCO) saw a 29 per cent year-over-year increase in the number of ships berthing at its facilities during the 2012 fourth quarter, with its “unparalleled capabilities” ensuring 97 per cent of storage tanks were fully leased.
Record win for Jones and Sun
Jonquel Jones posted her league leading 17th double double of the season and the Connecticut Sun set a new franchise record with their 13th consecutive win.
Mortgage approval rate drops to 43%
MORTGAGE loan approval rates have been slashed in half to 42.6 per cent in just two-and-a-half years, highlighting the commercial bank retreat from the vital Bahamian housing market.Data produced by the Central Bank of the Bahamas’ research departmen
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.
North Abaco’s resorts ‘in crisis’ on airlift
North Abaco tourism is “in crisis and danger of collapse” over the lack of affordable airlift, one resort operator yesterday telling Tribune Business: “We’re running at 20 per cent occupancy right now due to the lack of available airlift”.
THE KDK REPORT: Dire health consequences of extreme heat on the body
EVERY year, Bahamians from one end of the archipelago to the other lament the relentless broil of the summer’s heat. And this summer’s simmer has been particularly ruthless. Some of the hottest days on record occurred during July of this year with a heat index (feels like temperature) that oscillated between 105 and 115 degrees Fahrenheit. But unlike other, less tropical, locales we are often shielded from the intense heat by the shade of palm and coconut trees and cooled by the balmy breeze of our turquoise ocean.
5% rise in food assistance to help offset 7.5% rate of VAT
PERSONS receiving food assistance from the Department of Social Services should soon see an increase of as much as five per cent in benefits to offset the introduction of value added tax, Social Services Minister Melanie Griffin said.
Evans says Aliv will not steal major market share from BTC
BAHAMAS Communications and Public Officers Union President Bernard Evans yesterday dismissed assertions that newcomer Aliv will steal a significant market share from the Bahamas Telecommunications Company, charging that the former’s initial success is merely the result of “restrictions” placed on BTC by regulators to give Aliv “some advantage” to “get in the game”.
Aliv’s pay-per-second rates aim to cut customer costs
THE Bahamas’ second mobile operator yesterday promised to deliver superior customer service and “phenomenal” plans, as it outlined pay-per second call rates and “no contracts” as key components of its new mobile services offering.
GB Power: ‘16 deficiencies’ in its metering and billing
A well-known Freeport food retailer is now challenging its more than $40,000 monthly electricity bill in the Supreme Court, a move that comes after a report uncovered “16 deficiencies” in Grand Bahama Power Company’s metering and billing practices.
Arawak Port 'leads way' on technology
The Arawak Port Development Company (APD) is “leading the way” with new technology after it became the first port in the Caribbean to implement industry-leading software for marine terminals.
Wells: The vaccine we choose will be safe
Health Minister Renward Wells has stressed that whichever COVID-19 vaccine the government chooses to implement will be a safe and effective one.
Suns eager to have No.1 pick Ayton back on court
Deandre Ayton is set to return to the court in five days and the Phoenix Suns are eager to have the former No.1 overall pick back in the lineup. Ayton will complete his 25-game suspension following the Suns’ December 16 contest against the Portland