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Customs inefficiency costing Gov't $66m
The Government is losing $66 million in revenues annually due to inefficiencies at Bahamas Customs alone, the situation also placing tourism industry profitability and foreign direct investment (FDI) inflows “at risk”.
Communications sector rebounds through 3.7% growth in turnover
The Bahamian communications industry saw its total turnover increase 3.7 per cent year-over-year to hit $444 million in 2011, regulators have estimated, despite cellular phone subscribers falling by 90,000 since 2009.
Giants rout high flyers in NPBA season opener
THE New Providence Basketball Association tipped off its 2019-20 season Saturday night at the AF Adderley Gymnasium with a championship rematch in Division II.
Junior college basketball prospects soak up early season success in US
BAHAMIAN basketball prospects have teamed up at the junior college level across the United States and have experienced early season success with their respective programmes.
'Giant boost' as $600m transformational project launched at Grand Bahama Shipyard
A $600m transformational project, which will include two of the largest dry docks in the world, was launched at the Grand Bahama Shipyard on Friday, and was said to be a “giant boost” to the island’s economy, tourism and employment.
Bahamas First: Top rating more vital ‘than ever’
Bahamas First said yesterday’s affirmation of its “excellent” financial strength by the top insurance rating agency was likely the most important ranking in its recent history, due to its $80 million Hurricane Matthew payout.
Union leader predicts Morton Salt re-hiring
A UNION leader yesterday predicted said Morton Salt might have to rehire some of the 24 workers it terminated last month on the basis that the salt harvester is now too “short staffed”.
BICA chief: Govt faces 20% revenue shortfall
The Bahamas Institute of Chartered Accountants (BICA) president yesterday warned the government could miss its full-year revenue target by “as much as 20 percent” based on current data.
Chisholm and Fox homer in MLB spring training
JASRADO “Jazz” Chisholm Jr and Lucius Fox both made an immediate impression early in Spring Training as Major League Baseball returned to play.
Bill Cosby
I am so terribly disappointed in Bill Cosby “One time America’s dad” over the years I read all of his books, on educating black folks, that there’s a better life than the hood life, particularly in his book “Come On People” sad to say.
Tornadic activity damages homes in Grand Bahama
MULTIPLE homes in Grand Bahama have been damaged as a result of tornadic activity due to Hurricane Irma, The Tribune was told.
Antique Auto Club helps children for Christmas
FOR the past 21 years, the Antique Auto Club of the Bahamas has been helping several less fortunate children enjoy the Christmas holiday.
KPMG teams with BFSB for captives handbook
KPMG has partnered with the Bahamas Financial Services Board (BFSB) to produce a comprehensive overview of the captives industry in this jurisdiction, through a handbook entitled ‘Captive Insurance in the Bahamas’.
Moody’s warn COVID impact will remain beyond 2024
Bahamian economic output will not recover to pre-COVID-19 levels "until after 2024", Moody's has warned, in a stark illustration of the economic devastation unleashed by the pandemic.
Swimmer Davante Carey and Bearcats improve to 7-0
DAVANTE Carey had an active weekend for the McKendree Bearcats Swimming as the No.4 ranked team improved to 7-0 in dual meets this season.
Kings exercise team option on Buddy Hield
BUDDY Hield has increased his scoring and productivity with back-to-back 20-point games and the Sacramento Kings exercised the team option on the third-year guard.
Nassau targets 62.5% increase in cruise calls
Nassau Cruise Port is projecting a 62.5 percent in monthly cruise ship calls between September and December 2021, it was revealed yesterday, with demand exceeding available berths in the Christmas run-up.
One last summer of BPL’s torment: Then cheaper bills and power that stays on
WHEN Finnish group Wärtsilä completes installation of a new electricity plant at Clifton Pier, Bahamas Power and Light Company Ltd would have ended the expensive practice of rental generators and “drastically” decreased the fuel surcharge on consumer’s monthly bills.
Property tax rebate 'not enough reward' for current payers
While describing the Government’s real property tax amnesty/incentive programme as “a good start”, a well-known realtor yesterday said it should have offered rebates of up to 20-25 per cent to homeowners who were current on their payments.
Better visitor access key to Long Island's growth
IMPROVING visitor access to Long Island is the easiest way to boost the island’s economy, a local businessman saying: “I think it all boils down to convenience’.Luke Maillis, manager of Real Addictive Charters, told the Long Island Business Outlook c
