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Resorts seek Memorial Day business boost
MAJOR resorts on New Providence are looking to capitalise on a “busy” US Memorial Day weekend, one resort manager telling Tribune Business yesterday that occupancy levels would be in the mid-80 per cent range.
Resorts 'solidly booked' for Easter
SEVERAL major Nassau-based hotels are anticipating high occupancies for the Easter period, one senior executive telling Tribune Business: “We are absolutely solidly booked”.
Web shop pay cut threat over anti-VAT demo
Island Luck employees were seemingly threatened with the loss of a day’s pay if they did not attend yesterday’s anti-VAT and gaming tax protest in Rawson Square.
Pro golfers helping to promote Pure Silk Bahamas Classic
IT’S not everyday that visiting sporting personalities get to relax and enjoy the amenities that the Bahamas has to offer away from the playing field.
BTC left 'flat' by price/cost cutting
The Bahamas Telecommunications Company’s (BTC) controlling shareholder yesterday blamed its “flat” first-half financial performance on preparations for cellular competition, with net income matching last year’s $37 million.
The unhealthy influence of the PLP’s ‘political operatives’
IN 1984, a PLP party supporter made it quite clear what he expected of his party once his vote helped it gain the government.
EDITORIAL: Echoes of Adderley in PLP treatment of Izmirlian
On June 23 - a week after Fort Charlotte MP Dr Andre Rollins launched a blistering attack in the House on government’s handling of the $3.5 billion Baha Mar resort, accusing the Chinese bank and construction company of “deceiving” Bahamians over the stalled development to protect their own financial interests - PLP national chairman Bradley Roberts decided to dip his own oar into the cauldron of discord.
Brotherhood shelves Egypt's Islamsation - for now
THE MUSLIM Brotherhood has stopped talking about its longtime dream of an Islamic Egypt and expelling Israel's ambassador to Cairo. Instead, President-elect Mohammed Morsi is hurriedly building a diverse alliance with leftists, liberals and Christians to bolster his battle to end military rule.
Spain’s ailing banks threaten country’s finances
Spain is under rising pressure to find a lifeline for its deeply troubled banks.
Water Corp controversy highlights reform need
I was extremely reluctant to write this article because it is political “silly season”, and at this time whatever one says or does in our polarised country, you are then labelled as being affiliated with a certain party.
Crown seeking the death penalty over murder of couple
THE Crown is seeking the maximum penalty of death for murder convict Devaughn ‘Short Man’ Hall for the “brutal slaying” of an unarmed couple shot to death at their residence in Grand Bahama in 2015.At Hall’s sentencing hearing in the Supreme Court ye
Rum facing devastating double whammy
EARNINGS and employment generated by the rum industry in 14 CARICOM countries and the Dominican Republic (collectively CARIFORUM) are under siege and the entire industry could be severely diminished in a few years unless the governments of these countries take swift action.
'Great experience' for Georgette Rolle
THE pressure of carrying the Bahamas’ representation on her shoulders was a little too much for Georgette Rolle to handle at the second annual Pure Silk Bahamas LPGA Golf Classic at the Ocean Golf Course on Paradise Island over the weekend.
Bank chief warns VAT to increase prices 10%
A top bank executive yesterday estimated that the planned Value-Added Tax (VAT) would increase Bahamian consumer prices by around 10 per cent, with this and higher Business Licence fees increasing his institution’s operating expenses by an annual $2.5 million.
No VAT prosecutions, as quarterly filers hit over 80% compliance
The Government has yet to bring any prosecutions against delinquent Value-Added Tax (VAT) payers, while confirming last night that more than 80 per cent of quarterly filers had met the April 28 deadline for their first returns.
Copa's Bahamas load factors still 80%-plus
COPA Airlines' performance is still holding strong, according to tourism director-general David Johnson, who told Tribune Business yesterday that through the months of March and April 2012 it was averaging load factors in the 80 per cents and above.
Hospital nears end of phase one
PHASE one of the urgent and emergency care project is nearing completion at Princess Margaret Hospital.
Bahamas Bowl players are selected in the NFL Draft
TWO student athletes who participated in last year’s Makers Wanted Bahamas Bowl joined three other alumni from previous years as they were selected during the 2019 NFL Draft, held April 25-27 in Nashville, Tennessee.
Baha Mar gets $2m severance pay nod
Baha Mar yesterday obtained Bankruptcy Court authorisation to pay almost $2 million in severance monies, with July 20 now seemingly set as the date that will determine the fate of several thousand employees.
NESBITT EMERGES AS LEADER IN FIRST YEAR WITH NEW CLUB
AFTER several delays due to the COVID-19 pandemic, Brazil’s Novo Basquete Brasil finally opened its 2020-21 season and David Nesbitt has emerged as a leader in his first year with a new club.