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‘Premature’ to hand back VAT windfall

A top private sector executive yesterday warned it might be “premature” for the Government to start ‘handing back’ its Value-Added Tax (VAT) windfall via other tax breaks, arguing that deficit reduction was the priority.

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Businesses suffer 15-30% energy cost increases

MAJOR Bahamas-based businesses yesterday said that have seen electricity costs surge as much as 15-30 per cent year-over-year during 2012 to-date, one telling Tribune Business the issue was the "biggest deterrent" to getting into - and running - a company.

Hotels warn over 'vaccine paralysis'

A Family Island hotelier yesterday said Christmas business volumes were “off 50 percent” at his property as he voiced fears that "vaccination paralysation” will hit the travel market in early 2021.

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NAD suffers $13.94M bottom line reversal

Despite suffering a $13.941 million bottom line reversal that dropped it to a net $6.172 million loss for its 2012 financial year, the Nassau Airport Development Company’s (NAD) chief executive said it was still creating “an ideal gateway for the Bahamas”.

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Battle 4 Atlantis relocates to U.S.

The Bahamas’ sports tourism product continues to suffer from the fallout of the COVID-19 pandemic with several major events on the local calendar relocated or postponed. The latest casualties were Complete Sport Management’s Battle 4 Atlantis presented by Bad Boy Mowers and bd Global’s Islands of the Bahamas Showcase. Both events will be relocated to respective locations in the United States.

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Inaugural Baha Mar Hoops set for November 22-27

THE Baha Mar Resort and bd Global Sports have partnered on a new initiative to add another collegiate basketball event to a busy Thanksgiving holiday weekend this fall.

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Deandre Ayton clears COVID-19 protocols

DEANDRE Ayton recently cleared COVID-19 protocols but while fans are still waiting for his return to the court, the Phoenix Suns centre appeared on the leaderboard for a spot in the NBA All-Star game.

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Ayton on Suns record: ‘I got to get 100 more’

Deandre Ayton set another franchise record by becoming the fastest Phoenix Suns player to achieve 100 double doubles.

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Minister: End of AIDS epidemic in sight

HEALTH and Wellness Minister Dr Michael Darville said The Bahamas has reached the moment where “tremendous progress is being made” and that the “end of the AIDS epidemic is in sight.”.

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Bahamians’ presence felt on MLB Pipeline’s Top 30 Prospects list

SINCE Major League Baseball (MLB) Pipeline began listing its top 30 prospects within each franchise for the upcoming 2019 season, Bahamians have been prominently featured.

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Rosa and crew lead field at Snipe World Masters

The restoration efforts from the effects of Hurricane Matthew have presented several challenges for the organisers of the Snipe World Championships Masters. However, the event continues this week at the Royal Nassau Sailing Club.

NCAA basketball: McCoy gets top honour, Bastian sets career high

MALACHI McCoy received a weekly honour as the top player in his conference and Lathaniel Bastian scored a new career high to highlight play from Bahamian student athletes in NCAA Division II basketball.

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Jonquel shines in WNBA playoff debut, Sun go home

JONQUEL Jones made her WNBA postseason debut yesterday but a standout game from the league’s Most Improved Player was not enough for her team to advance to the semi-finals.

Durant powers Thunder past Heat 105-94

OKLAHOMA CITY (AP) -- Kevin Durant scored 17 of his 36 points in the fourth quarter, Russell Westbrook added 27 points and 11 assists, and the Oklahoma City Thunder rallied from a 13-point deficit to beat the Miami Heat 105-94 last night in Game 1 of the N

$83m deal signed to reduce water and sewer leaks

THE Water and Sewerage Corporation has signed an $83 million contract with Miya/Veritec to reduce the substantial leakage from its distribution system. Glenn Laville, general manager of WSC, said the contract was made possible by a $81 million loan agreem

$83m deal signed to reduce water and sewer leaks

THE Water and Sewerage Corporation has signed an $83 million contract with Miya/Veritec to reduce the substantial leakage from its distribution system. Glenn Laville, general manager of WSC, said the contract was made possible by a $81 million loan agreem

$83m deal signed to reduce water and sewer leaks

THE Water and Sewerage Corporation has signed an $83 million contract with Miya/Veritec to reduce the substantial leakage from its distribution system. Glenn Laville, general manager of WSC, said the contract was made possible by a $81 million loan agreem

Bahamas defeats Puerto Rico 88-77 in FIBA AmeriCup Qualifier

TEAM Bahamas, with its best performances coming off the bench, knocked off Puerto Rico by 11 points last night to win their opening match of the FIBA AmeriCup 2025 Qualifiers.

Venture fund sees loan repayments drop 16%

The Government-sponsored venture capital fund has seen loan repayment sums fall by up to 16 percent due to the COVID-19 pandemic's devastating impact on clients who received debt financing.

Sports Notes

WITH the shortened regular season completed, the Baptist Sports Council is slated to begin its postseason in the Banker’s Field at the Baillou Hills Sporting Complex on Tuesday night.