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A COMIC'S VIEW: Christie’s Baha Mar deal leaves a sour taste in the mouth
To the average Bahamian who follows major events in the country, this was a confusing week.
Auto dealers seek up to 15% pt margin rise
Bahamian auto dealers are pushing for price control margin increases of up to 15 percentage points, warning that these are vital to their survival now Value-Added Tax (VAT) has been implemented.
Peace on da Street Basketball Classic starts on Monday
THE emphasis, as always, will be on providing an alternative activity for young men to do rather than getting involved in crime as Youth Against Violence and The Hope Centre stage another version of the Peace on da Street Basketball Classic.
'Who's Next, I'm Next' Youth Games theme song
DYSON Knight, the charismatic and emotionally charged entertainer, has produced the theme song ‘Who’s Next, I’m Next” during the hosting of the sixth edition of the Commonwealth Youth Games.The Local Organising Committee indicated that it’s their int
Receivables over three times' Water Corporation target
By NEIL HARTNELL Tribune Business Editor Just how far the Water & Sewerage Corporation has to go to achieve financial viability has been highlighted by several key financial performance indicators, which show it currently enjoys a -44 per cent operating
2,000 homeowners 'non-performing'
2,000 homeowners 'non-performing' By NEIL HARTNELL Tribune Business Editor An estimated 1,500-2,000 Bahamian homes have mortgage loans that are more than 90 days past due, the Clearing Banks Association (CBA) told Tribune Business yesterday, with the se
McPhee-McCuin looks to build on last year’s success
WITH a new contract signed, Grand Bahamian Yolett McPhee-McCuin is looking forward to building on the success of last year by her University of Mississippi Lady Rebels.
Stingers and Giants remain undefeated in the NPBA
BOTH the PJ Stingers and the Commonwealth Bank Giants remained undefeated in the New Providence Basketball Association after pulling off the double header victories on Saturday night.At the AF Adderley Gymnasium in the men’s division one play, the St
Tax Coalition chief: ‘Fantastic’ if 85% VAT compliance
The Tax Coalition’s chairman yesterday said it would be “fantastic” if quarterly Value-Added Tax (VAT) filers achieved an 85 per cent compliance rate first-time, although he expected many to seek extensions to the April 28 deadline.
Stamp Duty exemption renewal ‘really huge’
Extending the first-time buyer Stamp Duty exemption beyond its current June 30, 2013 expiration date would be “absolutely huge”, the Bahamas Real Estate Association’s (BREA) president telling Tribune Business these purchasers accounted for “90 per cent-plus” of his company’s business.
DNA pledges $90m boost via Business Licence overhaul
The Democratic National Alliance (DNA) yesterday pledged to return $90 million to Bahamian businesses and the wider economy by reducing Business Licence fees to a nominal sum.
Sports in brief
THE New Providence Volleyball Association continued its regular season Sunday with a double header at the DW Davis Gym.
DPM praises ‘exceptional’ Sandals 95% occupancy
The deputy prime minister yesterday hailed Sandals Emerald Bay’s “exceptional” 90-95 percent slow season occupancy levels with the resort chain eyeing further Bahamas expansion.
Bahamian farm eyes 1.4m herbs in $60m joint venture
A Bahamian hydroponic producer and its US partner last night revealed they will invest $60m in developing a 71,000 square foot facility able to grow “300 times more food” than a traditional farm.
Sarkis: I never imagined fight with the govt
IN a memo sent to Baha Mar employees yesterday, resort developer Sarkis Izmirlian said in his 13 years working on the project he “never imagined” he would be “fighting” with the government over the $3.5 billion property.
Jonquel Jones posts 4th double double of season in FIBA EuroLeague
JONQUEL Jones posted her fourth double double of the season in her return to FIBA Women’s EuroLeague play.
Clubs & Societies June 29th, 2023
The Bahamas Maritime Cadet Corps (BMCC) has completed another very successful year of activities with a total of 97 cadets completing the programme on four separate islands.
Unsealed Baha Mar papers show deal done on leases
BAHAMIANS who owned and held shop leases and concessions in the Baha Mar project were permitted by the China Export Import Bank (CEXIM) and the preferred purchaser to continue to hold them under the existing terms and conditions, according to the newly unsealed heads of terms for the West Bay Street project, tabled in Parliament last night.
Airline '90% complete' on $4.5-$5M project
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net WESTERN Air chief executive, Rex Rolle, said yesterday that construction on the airline's new terminal and maintenance facility in Freeport is "about 90 per cent" complete, telling
Gov’t awaits revenue ‘uptick’ on cruise tax
The Ministry of Finance’s top official says the Government’s revenues are on target with an “uptick” anticipated in the 2023-2024 fiscal year’s second half due to the hike in cruise visitor departure taxes.
