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Resort targets 20% solar cost savings
AN all-inclusive Andros dive resort is expecting to generate 20 per cent cost savings after being outfitted with solar heaters, its owner telling Tribune Business yesterday that high energy costs were a major challenge for all Out Island resorts.
Young sailors braving the waters
DESPITE the testing conditions, with winds gusting up to 20 knots, 20 brave junior sailors took to the sea as the Rotary Club of East Nassau hosted its first Fun Junior Regatta on Saturday in association with the Bahamas Sailing Association (BSA).
Maritime marriage revenues beating forecasts by 20%
Maritime mariages on Bahamian-registered vessels have generated 20 per cent more revenue than projected for 2014 to-date, the Attorney General telling Tribune Business that this nation has been approached by all the major cruise lines over this venture.
100 farmers hit through tobacco grow 'scrapping'
Up to 100 farmers could be impacted by a Bahamian cigarette manufacturer’s decision to “scrap” its Andros tobacco growing plan, its chairman telling Tribune Business that conventional agriculture will also take a hit.
$2 billion Gov’t spend ‘doesn’t bode well’
The Government will miss its original goal of eliminating the GFS fiscal deficit by the upcoming 2015-2016 Budget year, amid warnings that its near-$2 billion recurrent spending “doesn’t bode well” for hitting its revised targets.
‘Major improvements’ needed on bank fees
Almost two-thirds of Bahamian businesses say the fees charged by commercial banks need “major improvements”, according to the findings of a Central Bank survey.
Port chief brands Nassau Harbour repairs 'non-issue'
Nassau Harbour’s deteriorating breakwaters are “no cause for alarm”, a senior official said yesterday, even though a Cabinet Minister has described repairs as “an absolutely critical project”.Captain Cyril Roker, the Port Department’s controller, dow
NPBA ACTION HEATS UP
THE New Providence Basketball Association continued play at the DW Davis Gymnasium Tuesday night.Division IThe JD’s Seafood Shockers kept pace in the Vince Ferguson division and improved their record to 7-3 with a 74-67 win over the Leno Regulators.T
Corporate income tax is 'wrong way around'
The Opposition's finance spokesman yesterday argued that The Bahamas has corporate income tax "the wrong way around" because the proposed reform options are forecast to suck "more money" from the private sector via taxation.
Direct airlift could increase Long island hotel revenues 20-25%
Direct airlift from Florida would boost annual revenues at all Long Island tourism properties by 20-25 per cent in the long-term, the Long Island Chamber of Commerce’s president told Tribune Business yesterday.
Eleven more COVID deaths added to toll
ELEVEN COVID-19 deaths were reported over a three-day period according to the Ministry of Health and Wellness, pushing the total number of reported deaths in the country up to 746.
Solar farm plan aims to eliminate electric subsidies
The Government is teaming with the Carbon War Room (CWR) to invite Bahamian and international companies to submit proposals for a collective 20 Mega Watts (MW) worth of solar farms on several Family Island, in a bid to eliminate exorbitant energy subsidies.
FNM: SEARS ‘MUST RESIGN OR BE FIRED’ – Call for minister to step aside if he misled Parliament
FREE National Movement (FNM) leader Michael Pintard said National Insurance Board Minister Alfred Sears should resign or be fired if he misled Parliament about increases in NIB contribution rates.
Bianca ‘BB’ Stuart 8th overall in long jump final
GOLD Coast, Australia — Although it wasn’t exactly what she wanted, Bianca ‘BB’ Stuart was still delighted to walk off the field at the Carrara Stadium as an eighth place finisher in the women’s long jump final at the XXI Commonwealth Games.
Bahamas must end ‘20 years’ of arbitration talk
THE world will not wait for The Bahamas to end “20 years of talk” and establish an international arbitration centre, a top QC said yesterday, with other jurisdictions having already bypassed it.
Scotia targets private wealth growth rates 'north of 20%'
Scotiabank (Bahamas) managing director believes its wealth management business can sustain annual growth rates “north of 20 per cent”, with this segment and corporate commercial clients expected to be its two growth generators for 2013.
Preparations for NHI to go beyond January launch date
CHIEF Medical Officer Dr Glen Beneby said while National Health Insurance will be launched in January 2016, preparations to improve every aspect of the country’s health system will continue far beyond the implementation date.
76 complaints made to Bar Association's Ethics Committee in 2017
THE BAHAMAS Bar Association's Ethics Committee received close to 80 complaints in 2017, it's president said Friday, with just 12 per cent of that total currently settled and/or closed.
ON DA HOOK
THE lobster season is promising to be the best in 20 years according to local fishermen and there were plenty of crawfish in evidence this week, despite the storms, according to the Bahamas Sport Fishing Network (BSFN).
Pair admit shop breaking, stealing
TWO men admitted to breaking into a convenience store to steal cash and a cellphone.
