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‘Nipped in the Bud’: Brewery lays off 73
COMMONWEALTH Brewery yesterday said a tough economy and competitive pressures from cheaper rival beers had forced it to terminate 73 staff within its 700 Wines & Spirits retail unit.
TROPICAL SHIPPING HOSTS BENEFIT LUNCHEON
IN a continued effort to foster support and commitment to the well-being of individuals throughout the community, Tropical Shipping held a luncheon to raise funds for Komen Bahamas Race for the Cure at their Gladstone Freight Terminal location last month.
Bahamas must benefit in WTO sector openings
The Bahamas will only open up industries to foreign competitors under the WTO if doing so generates “real economic opportunities” for this nation, its chief negotiator asserted yesterday.
INSIGHT: A win-win which we should not be afraid to support
Carnival’s Grand Port project is shaping up as an ideal model for how development should occur in The Bahamas.
Buddy ends up third in three-point shootout
Buddy Hield fell short in his bid to win the title in his debut at the MTN Dew Three Point Shootout, but was recognised among the game’s elite shooters at NBA All-Star Weekend in Charlotte, North Carolina.
NPBA triple header: Giants and UB Mingoes in win column
THE New Providence Basketball Association played a triple header at the CI Gibson Gymnasium on Saturday.
Bahamasair invests $11.4m in new jet
BAHAMASAIR yesterday commissioned a new Boeing 737-790NG jet — an $11.4m investment with a seating capacity of 138 and a flying range of over five hours.
‘Sell, sell, sell’ BOB even with 164% profit rise
The government’s priority with Bank of The Bahamas (BOB) must be to “sell, sell, sell”, a prominent minority shareholder argued yesterday, despite half-year net income increasing by 164 percent.
Web shops: 65% tax rise still tough
Bahamian web shops last night said some operators will still have difficulty with the sector’s revised tax regime and what it described as “a 65 percent tax increase”.
‘Singapore of Americas’ if we root out corruption
The Bahamas can become “the Singapore of the Americas” if it rids itself of corruption, poor governance and lack of vision, a prominent reform campaigner argued yesterday.
Business Bites: The hidden story behind Cable Bahamas strange share price
Cable Bahamas is a strong company, with positive growth prospects, one of our best-known and most actively traded equities. Yet the share price quoted on BISX gives the impression of a severe loser, with a decline of about nearly 40 percent in the last year, from $3.68 to $2.29. Why?
Late Joseph goal sees Titans through against Dynamos
THE Bahamas Football Association continued its regular season action on Wednesday night at the Roscoe AL Davies Soccer Field.
Governor: Target ‘minimum’ 2% for GDP growth
The Central Bank’s governor yesterday said The Bahamas needs to target a “minimum” of two percent annual GDP growth as he called for “stronger inroads” into double-digit unemployment.
$70m funding gap in ‘worst case’ on NHI
Employers may have to fill a $70m funding gap if the “worst case scenario” for National Health Insurance (NHI) becomes reality, the Chamber of Commerce’s top executive revealed yesterday.
POLICE ADVICE: Help your child by being a net-savvy parent
Social media sites such as, Facebook, Twitter, Instagram, Snapchat, and WhatsApp increases communication, access to information and help in developing a sense of self, however, the thoughts of what your child might come across online can be worrying. Here are internet safety advice to make sure going online is a positive experience for you and your child.
‘Thought we were saving money, PM?’
THE Progressive Liberal Party has criticised Prime Minister Dr Hubert Minnis for appointing Golden Gates MP Michael Foulkes as parliamentary secretary in the Ministry of Social Services and Urban Development, a ministry that saw cuts in the last budgeting exercise.
All-Star Weekend: Ayton selected to World Team
Both Bahamian born players in the NBA will participate in the league’s All-Star Weekend festivities.
Private sector fears ‘filling gap’ on NHI
The Chamber of Commerce’s chairman yesterday voiced fears that the already-strained private sector will have to “fill the gap” if National Health Insurance (NHI) gets its sums wrong.
Big increase in numbers for junior tennis
A GREAT sign for the future of Bahamian tennis is the large jump in young players from 20 to 35 participants at the Winterbotham IC Junior Series for the young 10s and 12s tennis players last weekend.
Bank chief slams ‘selfish’ education loan deadbeats
The Clearing Banks Association’s (CBA) president yesterday slammed the “selfish mentality” of delinquent student borrowers who have exposed Bahamian taxpayers to a $100m liability.
