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On Da Hook
BAHAMAS Sport Fishing Network (BSFN) expert Chang Chin has been guiding Matthew and Luke through a superb week’s Christmas fishing in the Bahamas.
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.
Investments Minister: Bahamas ‘in a mess by many measures’
A Cabinet Minister yesterday conceded that the Bahamas was “in a mess by many measures”, and warned that painful “radical surgery” was necessary to haul both the economy and society back on the right path.
VAT health claims change may drain foreign reserves
THE changed VAT treatment on health insurance claims payouts could further drain The Bahamas’ foreign reserves by driving patients to seek care outside the country, a senior executive warned yesterday.
Insurer’s $80m Matthew payout 20% off forecast
A top insurer yesterday said its total Matthew claims payout was likely to be 20 per cent less than originally estimated, as it warned that the Bahamas’ hurricane preparedness “cannot be business as usual”.
'Bahamas not ready for a white PM'
FORMER Cabinet minister Brent Symonette yesterday suggested the country was not ready for a white prime minister as he reiterated his call for a national discussion on race and wealth in politics.
Coral farm ‘showcase’ eyes 1m annual target
The Bahamian winner of Prince William’s £1m Earthshot prize yesterday disclosed it is targeting production of 1m coral pieces per year to help “showcase” this nation’s environmental credentials.
NHI $1,000 cost 'not pulled from out of thin air'
THE National Health Insurance Authority’s (NHIA) chairman yesterday defended the $1,000 premium costing for its basic package, arguing it had not been “pulled out of thin air”.
BTC to 'radically attack' Cable on TV, Internet hold
The Bahamas Telecommunications Company (BTC) is planning to “radically attack” Cable Bahamas’ internet and TV dominance, having slashed new subscriber waiting time by 80 percent.
Auto dealers strike 10% 'convert' return
Auto dealers yesterday expressed optimism that they would double their monthly sales average in April as a result of the recent Car Show, with some having already hit their 10 per cent ‘conversion’ return rate.
Exuma real estate in '80-100% improvement'
Exuma has seen a “tremendous 80-100 per cent improvement” in its waterfront real estate market over the past two years, with a leading broker urging the Government to extend the duty-free building materials exemption for another year.
Shockersget 94-88 win over Rockets in NPBA
THE NPBA hosted its final double header before the league took a break from action as attention shifts to the FIBA World Cup Qualifiers and the Hugh Campbell Invitational.The JD’s Seafood Shockers (Division I) and the Aliv Bucket Team (Division II) t
FINCO: Three-year offload sparks $9.1m provision hit
Despite recovering "in excess of" 80 per cent of the outstanding principal 0n distressed property sales, FINCO's managing director yesterday said the mortgage
Anfernee Seymour earns All-Star appearance in MiLB
A STELLAR season for Anfernee Seymour thus far has earned him an All-Star appearance in his second season of Minor League Baseball.
Tourism urged: Do more to counter COVID inaccuracy
A senior tourism official yesterday questioned what the industry is doing collectively “to counter” COVID-19 disinformation on social media as he revealed the “uneven” Family Islands recovery.
Web shop tax hikes ‘in our best interests’
The web shop industry tax hikes are in “the best interests of the Bahamian people” due to the social costs the sector imposes, a Cabinet minister argued yesterday.
Gov’t, web shops at odds on ‘back taxes’
The Government and web shop industry are at odds over how the sector’s ‘retroactive taxes’ are to be calculated, with the proposed method seen as “inconsistent” with both the Gaming Act and international norms.
Many think The Bahamas is facing a bleak future
ALTHOUGH Standard & Poor has downgraded The Bahamas’ sovereign credit worthiness to near junk status, the government insists that the country’s economic outlook is still good.
Regulators stop Rebels 120-107, Aliv Buckets get 89-75 win over Stampers
THE Regulators dominated the overtime period and closed the game on a 10-1 run en route to the win. Alexander Rolle outscored the Rebels all by himself in overtime when he dropped 10 of his game high 31 points.
Top pro basketball players begin seasons on high note
SOME of the country’s top pro basketball players throughout the European, Asian and Middle Eastern circuit began their seasons on a high note.
