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Bahamas 'not maximising' impact as tourism booms

The deputy prime minister yesterday admitted The Bahamas has failed "to maximise visitor spending", and retain more of this within its economy, despite a "booming" tourism industry whose numbers "have never been better".

NTA director fires back over $22m apprenticeship programme criticism

The National Training Agency’s (NTA) has shot down Opposition criticism that the Christie administration’s revamped $22m apprenticeship program is merely a retread of the Ingraham administration’s 52-week jobs programme, telling Tribune Business: “We have raised the standard.”

Sports in brief

THE New Providence Basketball Association continued its 2013/14 regular season with a double header at AF Adderley Gym on Monday night.

External shocks cause for a ‘special situation’

The Bahamas is “in a special situation” due to its high vulnerability to natural disasters and economic shocks, a trade specialist said yesterday, with imported goods ten times’ higher than exports.

Easter rush brings a sharp rise in air fares

EXORBITANT plane ticket prices offered by American Airlines are the result of holiday travel traffic and not due to one of its subsidiary airline’s layoff exercises, American Airlines (AA) officials said yesterday.

BISX-listed firm's affiliate embroiled in '$140m fraud'

The head of a BISX-listed company yesterday told Tribune Business that it had “not been impacted at the moment” by its broker/dealer subsidiary becoming embroiled in an alleged $140 million investment fraud.

‘Fortunate one-offs’ in $4m Fidelity boost

Fidelity Bank (Bahamas) chief executive yesterday conceded that its record-breaking 2015 profits may have been “fortunate”, after they received a $3-$4 million boost from ‘one-off’ events.

Giants rout Stingers

The New Providence Basketball Association resumed its regular season on Monday night after taking a break for the Christmas holiday. The Commonwealth Bank Giants pulled off a rout and the Pyramid Food Rockets got by in a squeaker at the AF Adderley Gymnasium.

Bahamasair targets four aircraft addition

Bahamasair plans to expand its fleet by four aircraft come summer 2023, it was revealed yesterday, as a senior executive voiced concern about “inconsistent” runway approach lighting at Abaco’s main airport.

More players register for Ed Armbrister Baseball League

WITH an increase in the registration of players, the Ed Armbrister Baseball Camp will revert back to a full-fledged league. According to Michael Butler, one of the organisers, they made the decision to host a league as opposed to a baseball camp bec

Jaraun Burrows ranked as one of Sweden’s best

AS HE heads into the post-season, Jaraun “Keno” Burrows’ play continues to see him ranked as one of the best professional basketball players in Sweden.

NPBA: Giants, Mingoes in win column

THE Commonwealth Bank Giants and the University of the Bahamas Mingoes won the New Providence Basketball Association men’s division one double header played at the AF Adderley Gymnasium on Monday night.In the opener, the Giants routed the Caro Contra

Jones scores 34, grabs 19 rebounds in her team’s latest victory

JONQUEL Jones continues to put up phenomenal numbers during the offseason in China and is pegged as one of the early candidates for MVP.

Fighting through

COACH Mike Brey looked positively at the way his Notre Dame Fighting Irish responded to the challenges they faced in pulling off their three exhibition games against local-based teams in the Bahamas Basketball Federation’s 2018 Summer of Thunder over

'Real life consequences': Fidelity's $560k Moody's hit

The Government's declining creditworthiness has sparked "real life consequences" for a BISX-listed bank by forcing it to take a "much bigger than expected" $560,000 hit in its 2022 full-year results.

Elite, developmental sports programme supports athletic achievement at The Lyford Cay International School

STUDENTS with exceptional athletic ability at The Lyford Cay International School (LCIS) now have new support for their ambitious goals: The Elite and Developmental Sports Programme (EDS).

Tomii misses out on pageant’s final 15

MISS Bahamas didn’t reach the top 15 in last night’s Miss Universe contest - but Miss Jamaica represented the Caribbean region, just missing out on the top three.

Teenager victim of 88th murder

A 17-year-old boy became the country’s latest murder victim when he was gunned down in broad daylight.

$3m marijuana haul discovered

DRUG Enforcement Unit officers discovered $3m worth of marijuana near the Ragged Island chain of cays last week.

Bahamas broker 'pliant' in claimed investment fraud

The broker/dealer subsidiary of a BISX-listed company has been described by US regulators as “the pliant custodian” for an investment group accused of perpetrating an $140 million fraud, one investor alleging that it also failed to respond to its asset verification requests.

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