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PORT IPO HOLDING $1,150 MAXIMUM

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MORE than 95 per cent of share subscriptions in the Arawak Port Development Company's (APD) $10 million initial public offering (IPO) were from individual investors, with subscripti

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Bahamian Minor League Baseball prospects receive 2022 assignments

Several Bahamian prospects have received their 2022 assignments in Minor League Baseball as seasons commenced in leagues across the United States.

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Deandre Ayton posts career-high five blocks

Following a week of postponements and three missed games due to the NBA’s COVID-19 protocols, Deandre Ayton continued to play his best basketball of the season once the Phoenix Suns returned to the court.

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Patients are trapped by lack of funds

HEALTH Minister Dr Duane Sands said yesterday the government is still trying to decide what it can afford to do regarding the homeless patients who are lodged at the Princess Margaret Hospital.

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NPBA Division I: Rockets advance to Final Four

THE Discount Distribution Rockets completed the New Providence Basketball Association’s Division I Final Four.

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Sebastian Gray: 'I am one of the leaders of the team'

ENTERING his sophomore season at the JuCo level, Sebastian Gray is expected to take on a greater leadership role with his Northern Oklahoma-Enid Jets men’s basketball programme.Gray is one of just five sophomores and is the second leading scorer of a

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CARIFTA GAMES: Bahamas finishes third, will be hosts in 2018

ST. George's, Grenada: The BTC Bahamas team will be returning from the 45th Carifta Games with a third place finish and the bid to host the 47th version in 2018.

High School Track & Field Nationals postponed

THE National High School Track & Field Championships was originally scheduled to commence today but logistical issues forced the event to be postponed.

Nassau/PI resorts in New Year sell-out 

MAJOR Nassau/Paradise Island resorts are predicting traditionally strong occupancies over the Christmas and New Year’s holiday period.

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DOUBLE DIP: COVID fallout sees two-point downgrade

The “extraordinary beating” inflicted upon the tourism industry by COVID-19 was critical in Moody’s decision yesterday to strip The Bahamas of its ‘investment grade’ credit rating, the deputy prime minister says.

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Evasion loopholes hitting VAT target, fears ex-minister

A former finance minister yesterday urged the government to examine whether the VAT shortfall had resulted from the introduction of exemptions opening up fraud and tax evasion loopholes.

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5% rise in food assistance to help offset 7.5% rate of VAT

PERSONS receiving food assistance from the Department of Social Services should soon see an increase of as much as five per cent in benefits to offset the introduction of value added tax, Social Services Minister Melanie Griffin said.

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Turnquest: Recovery to be slow and anaemic

The Government has not used all the economic stimulus tools available to it, the deputy prime minister revealed last night, having kept some in reserve in case the COVID-19 pandemic is "prolonged".

‘No disruptions’ for face-to-face instruction in Grand Bahama

THE resumption of face-to-face instruction on Grand Bahama continues to progress very well, according to District Superintendent of Schools Ivan Butler, who reported a high turn-out of teachers and students during the first two days.

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Tourism ‘90% unaffected’ by COVID-19 tightening

Tourism industry executives yesterday voiced optimism that the industry’s recovery will not be impacted by the government’s tightening of COVID restrictions, with one asserting it will be “90 percent unaffected”.

Big Red Machine just keeps rolling

The St Augustine’s College (SAC) Big Red Machine kept rolling at the 2024 National High School Track and Field Championships where they claimed six out of eight division victories on Sunday evening at the original Thomas A Robinson Stadium.

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We’re ready to take a hit on sale price

THE government has given itself a little over a month to close bids for the sale of the Grand Lucayan, according to Hotel Corporation chairman Michael Scott.

Bahamas Showcase: Catamounts get 66-64 win over Norsemen

THE University of Vermont Catamounts made history, becoming the champions of the initial Bahamas Showcase with a 66-64 victory over the Northern Kentucky Norsemen.Most valuable player Trae Bell-Haynes, who finished with 19 points, canned the game-win

Atlantis condo tower does $20m in six months

Paradise Island’s 497-unit condo complex, the Reef, is providing evidence of a real estate market revival through $20 million worth of sales within six months.

How to sweat less over AC

We find ourselves in the same situation every year. Winter is nearly here, but it still feels like 90 degrees outside.