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DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012
By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti
DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012
By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti
Gov’t urged: ‘Outsource’ property tax collection
The Government was yesterday urged to ‘outsource’ real property tax collection to the private sector, a well-known businessman suggesting it was almost ‘uncollectable’.
Jones and Sun pull off 84-80 upset over defending champion Lynx
JONQUEL Jones and her Connecticut Sun returned from the league-wide Olympic break, continuing the momentum they gathered in late July.
Lawyer E Dawson Roberts dies age 85
PROMINENT Bahamian lawyer E Dawson Roberts died at 11am yesterday at his Eastern Road home. He was 85. Mr Roberts was a direct descendant of Loyalist Wyannie Malone, who founded Hope Town, Abaco, in 1783 after moving from Charleston, South Carolina.
Tourism targets 23.5% reduction in 'leakage'
PROMOTING the development of small and medium-sized enterprises could help the Bahamas reduce the “leakage” of 85 cents from every tourist dollar earned, a hotel executive said yesterday.Carlton Russell, the Bahamas Hotel and Tourism Association’s (B
System likely to become tropical depression or storm
On Thursday, The Bahamas Department of Meteorology released the following statement on a weather system near the southeastern Gulf of Mexico:
Bahamians warned to prepare for scorching heat this week
BAHAMIANS can expect scorching temperatures from Wednesday through the weekend with the heat index expected to reach 104 degrees Fahrenheit, Senior Meteorological Officer at the Department of Meteorology Orson Nixon warned on Tuesday.
GB power officially opnes its $80M generation plant
The Grand Bahama Power Company (GBPC) has officially opened its $80 million West Sunrise Plant (WSP).
Rondo-less Celtics beat Hawks to tie series
ATLANTA (AP) -- Paul Pierce battled through another tough shooting night to score 36 points and the Boston Celtics wiped out Atlanta's 11-point lead in the second half even without Rajon Rondo, stunning the Hawks 87-80 on Tuesday in Game 2 of the Eastern C
Law team to do battle
BAHAMIAN students in the UWI law programme at COB have a once in a lifetime opportunity to participate in a world class moot competition in Washington DC next month. With more than 500 law schools represented from more than 80 countries, the competitors
Coleby key contributor off the bench for Jayhawks
Playing limited minutes this season due to recovery from a torn ACL, Bahamian collegiate basketball player Dwight Coleby has logged valuable minutes thus far in the NCAA Tournament and his teammates, along with the international media, have taken notice.
‘Entrenched reduction?’: Bad loans down $22m
The Central Bank is “holding off” in determining whether COVID-related loan delinquencies have peaked despite a $22.4m reduction in non-performing credit during the 2022 first quarter, its governor revealed yesterday.
Cable predicting 130% profit growth to 2018
Cable Bahamas is forecasting that net income will increase by 130 per cent over the next five years as a result of its Florida expansion, with its US interests ultimately accounting for one-third of its bottom line.
Retailer’s 82% sales fall Bazaar ‘deja vu’
A veteran Freeport retailer says he is suffering International Bazaar “deja vu” with sales across his two Lucaya-area stores down 82 per cent since Hurricane Matthew.
‘Chicken’ and Cougars earn 105-98 win over Tigers in OT
WE were patiently waiting for Danrad “Chicken” Knowles to have a breakout game this season. That game came Sunday night when he outplayed the top player in all of college basketball and led his Houston Cougars to a 105-98 win over the LSU Tigers in overtime.
Nygard abandonment costs attorneys $14m
Three Bahamian attorneys have acted to prevent Peter Nygard fleeing The Bahamas without paying a collective $14m legal bill for representing him in multiple court cases.
Minister: $200m spend rise not what it seems
A Cabinet Minister yesterday said the $200 million rise in the Government’s recurrent spending was not what it seemed, and largely represented the transfer of expenditure between accounts.
PM: Murder rate ‘unacceptable’
PRIME Minister Phillip “Brave” Davis said his administration is concerned about the nation’s escalating murder rate, but is hopeful that their crime fighting initiatives will start “bearing fruit” soon.
Munroe left ‘disappointed’ by increased murder tally
NATIONAL Security Minister Wayne Munroe expressed disappointment yesterday in the country’s murder toll which is the highest since 2017, saying “if one person is murdered, I am disappointed.”
