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Cruise line’s pull-out ‘worst case scenario’
The Grand Celebration’s owner has warned that its restructuring hinges on a new agreement with the Ministry of Tourism, and that a pull-out from Grand Bahama would be a “worst case scenario” which costs the Grand Lucayan 50 per cent of its pre-Matthew business.
GB Power: No rate rise from $18.3m asset recoveries
The Grand Bahama Power Company’s (GBPC) majority shareholder yesterday confirmed it had been given regulatory approval to recover $18.3 million tied up in retired generation units, although it emphasised this would not lead to an increase in customer tariffs.
Avengers even series with police, Cybots take 2-0 lead vs Challengers
THE Bahamas Government Departmental Basketball Association continued its semi-final playoffs at the AF Adderley Gymnasium on Monday night.
Exuma 56% 'willing' on mobile payments
More than half of Exuma residents are “likely” to use their mobile phones for financial transactions, making the island a fertile testing ground for the Central Bank’s digital Bahamian currency pilot.The regulator’s survey of Exumian payments habits,
‘Excellent’ results in crime fight
A HIGH-powered rifle capable of firing 200 rounds of ammunition, more than $35,000 and nearly 85 lbs of marijuana were some of the substantive discoveries of the Royal Bahamas Police Force’s Operation Ceasefire.
Insurance chair brands NHI Authority's $10m 'excessive'
The Bahamas Insurance Association’s (BIA) chairman says the $10 million to create the NHI Authority is “quite excessive”, and suggested more money should be directed to front-line healthcare services.Emmanuel Komolafe, while questioning how the new g
SPORTS NOTES
THE New Providence Basketball Association resumed its regular season action at the AF Adderley Gymnasium on Wednesday night after taking a break for the 35th Hugh Campbell Basketball Classic for senior boys.
Key US markets up 15% for Easter peak
Tourism bookings from the Bahamas’ key US markets are up 15 per cent for the peak Easter period, a Cabinet minister yesterday urging businesses to “work harder” at exploiting this growth.
Ex-minister: ‘Use carrots, not stick’ over COVID jabs
A former Cabinet minister yesterday added his voice to those opposing mandatory COVID-19 vaccinations, telling Tribune Business: “Better to use a carrot than a stick.”
WORLD VIEW: Small states might benefit from the rivalry of larger nations for 21st century dominance
US President Joseph Biden’s address to a Joint Session of the US Congress on April 28 was strikingly different from the speeches of his predecessor, Donald Trump.
CAR DEALERS SUFFER $75M REVENUE HIT
By NEIL HARTNELL Tribune Business Editor Bahamas Motor Dealers Association (BMDA) members saw their collective sales revenues fall by more than $75 million over the first 10 months of the years between 2009-2011, one dealer suggested yesterday, although
CAR DEALERS SUFFER $75M REVENUE HIT
By NEIL HARTNELL Tribune Business Editor Bahamas Motor Dealers Association (BMDA) members saw their collective sales revenues fall by more than $75 million over the first 10 months of the years between 2009-2011, one dealer suggested yesterday, although
Bank eyes 'two shot' $85m capital switch
Commonwealth Bank yesterday said it wants to make all its $85 million preference share capital Basel III-compliant before year-end 2014, with major shareholders in the first conversion expected to reject a payout.
20% pt truck tax slash a 'tremendous blessing'
A Bahamian auto dealer yesterday described plans to lower Excise Tax rates by 20 percentage points on certain trucks as “a tremendous blessing”, telling Tribune Business his sales in this category had fallen by 75 per cent since the 2010-2011 Budget.
First land-based commercial coral farm opens in Freeport
CORAL Vita – the first land-based commercial coral farm in the world - was officially opened on Friday in Freeport, creating a new sector of sustainable aquaculture and innovation for reef restoration in Grand Bahama and The Bahamas.
Bahamas' 'best team ever' in World Cup qualifier 3rd leg
With their biggest task ahead of them, the Bahamas Basketball Federation has fielded its best team ever to play the third leg of the FIBA Americas’ World Cup qualifier.The team is already in Puerto Rico for the first of two games on Thursday when the
Video shows missing cruise ship passenger’s last moments aboard
A MAN who jumped onto a lifeboat on the side of a cruise ship clung to the edge of the tiny vessel for more than minute early on Friday as fellow passengers watched and screamed before he plunged into the ocean below, according to officials and video posted of the incident.
FNM infighting will come to end
Please allow me to respond in kind to an editorial in your paper that commented on a letter written to your paper by one Kevin Evans on February 15th, on “attack dogs” in the FNM party.
Christmas Day will be hot for Bahamians say forecasters
FORECASTERS at the Department of Meterology have dashed any hope of a cool Bahamian Christmas, with the holiday weekend shaping up to be “an average hot day”.
Bahamas Sailing Association to host summer sailing camp
THE Bahamas Sailing Association has been running its summer sailing school out of the Nassau Yacht Club since 2005.
