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Hotelier calls for 'calibrated' action on COVID surge

A Harbour Island hotelier yesterday urged the government to adopt “a more calibrated approach” to the surge in COVID-19 infections rather than cut off all commercial transport links to the US.Benjamin Simmons, proprietor of The Other Side and Ocean V

Small Business Centre gives $3.5m in first year

The deputy prime minister has hailed the Small Business Development Centre (SBDC) for approving $3.5m in financing for small businesses and start-up entrepreneurs during its first year. Speaking at the Centre’s year-end Christmas Client Showcase, K

Bahamas in lopsided loss to Antigua and Barbuda

IN nearly a complete reversal of day one, day two produced a lopsided loss for Team Bahamas who fell to 1-1 in the Caribbean Basketball Confederation Championships in Tortola, British Virgin Islands.

Trade deficit leaps 15.6% to $715.1m

THE Bahamas’ trade deficit increased by 15.6 percent to $715.097m during the 2022 first quarter as cross-border flows continued to rebound from the COVID-19 related restrictions of the year before.

Nurses agreement ‘to be signed soon’

BAHAMAS Nurses Union president Amancha Williams says the union has no issues with a proposed industrial agreement that is nearing completion, adding it will be signed soon.

Bahamas routs Mexico 77-54

Following a disappointing loss on day one, the Bahamas bounced back to deliver a dominant performance of their own on day two for their first win of the FIBA Americas Under-16 Championship Tournament.

Deandre Ayton soars for last second alley-oop, Suns top Clippers to take 2-0 lead in West finals

PHOENIX (AP) — Deandre Ayton jammed an alley-oop pass from Jae Crowder with 0.7 seconds left, giving the Phoenix Suns a thrilling 104-103 win over the Los Angeles Clippers last night in Game 2 of the Western Conference finals.

NEMA evacuates 3,500

MORE than 3,000 people have been evacuated to New Providence in the wake of Hurricane Dorian.

Bahamas 5th at FIBA Centrobasket Championship for women

WITH a pair of wins against Costa Rica, the Bahamas finished fifth at the 2018 FIBA Centrobasket Championship for women and missed qualification for the FIBA Women’s AmeriCup 2019.

Fishermen hail 45% increase in crawfish prices

Bahamian fishermen yesterday hailed this season’s 45 percent increase in crawfish prices to $16 per pound as “the best we have ever had” since they started in the industry. Keith Carroll, the Bahamas Commercial Fishers Alliance’s (BCFA) vice-chairman

Co-ordinate for up to 3,500 COVID-19 masks every week

Seamstresses and tailors yesterday said they can produce between 1,000 and 3,500 COVID-19 face masks per week with better government co-ordination.Phylicia Ellis, a fashion designer and seamstress, told Tribune Business: “I listened to the prime mini

'We shouldn't have hired US team to fix power issues'

A FORMER Bahamas Electricity Corporation chairman yesterday slammed the government’s decision to hire a six-man team of American specialists to address the power generation issues at Bahamas Power and Light. Leslie Miller, a former MP and Cabinet min

CIBC enjoys ‘best result’ for 11 years

CIBC FirstCaribbean’s Bahamian unit enjoyed its “best performance for 11 years” after 2018 profits rose nearly 11 percent due to improved loan book performance and rising US rates.

Gov't will 'not abandon' $146m Canada trade

The Government will “not abandon” this nation’s $146.56 million annual export trade with Canada, Tribune Business was told yesterday, should the Bahamas’ guaranteed market access be jeopardised.

‘What’s good for goose is good for the gander’

A former Bahamas Chamber of Commerce president yesterday said his near-$4,000 ‘late payment fine’ paled into insignificance when set alongside the $20,000-$30,000 Value Added-Tax (VAT) refund his business has been owed for seven months.

Debate due to start today on Freedom of Information Act

EDUCATION Minister Jerome Fitzgerald yesterday presented the public consultation process for the highly-anticipated Freedom of Information Act as “very well received,” as the House of Assembly is expected to begin debate on the revised legislation today.

‘Mind blowing’: Under 4,000 firms face paying VAT

Under 4,000 Bahamian companies would likely face having to pay a Value-Added Tax (VAT), a Cabinet Minister describing as “mind blowing” the fact over 85 per cent of businesses might be exempt.

Govt raises deficit estimate to $100m

The Government yesterday forecast a more modest pace for fiscal consolidation, projecting a higher $100 million GFS deficit for the upcoming 2016-2017 Budget year compared to its estimates a year ago.

Mortgage approval rate drops to 43%

MORTGAGE loan approval rates have been slashed in half to 42.6 per cent in just two-and-a-half years, highlighting the commercial bank retreat from the vital Bahamian housing market.Data produced by the Central Bank of the Bahamas’ research departmen

Sir Durward improving

Sir Durward improving THE health of prominent Bahamian Sir Durward Knowles was said to have made a slight improvement in hospital yesterday. Sir Durward, 94, was admitted to hospital suffering from pneumonia last week. A family friend said the former Oly

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