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Web shops: Tax rises attempt to seize industry

The government has been accused of trying to seize control of the web shop industry through tax increases that will “decimate” all operators and 3,000 jobs in less than a year.The Bahamas Gaming Operators Association, in a furious post-budget counter

WSC lays out its $200m plan

THE Water and Sewerage Corporation (WSC) outlined key parts of its $200m capital works plan with major works around the country.

Minister says Bahamians won’t be forced to take vaccine

HEALTH Minister Renward Wells stressed yesterday that Bahamians will not be forced to take a vaccine for COVID-19 while at the same time revealing his ministry has already drafted a “fully functional, laid out vaccination plan” developed over the past two months.

Suns awaiting decision on Ayton appeal

The Phoenix Suns are still awaiting a decision on Deandre Ayton’s appeal process on his suspension, but no announcement has been made on talks between the league and the Players Association.

Top auto dealer lays-off 80 staff

A major auto dealer yesterday confirmed it is temporarily laying-off 80 staff as the industry prepares to make its case to the government for a partial opening amid the COVID-19 lockdown. Fred Albury, the Auto Mall’s principal, told Tribune Business

Pension providers enjoy ‘significant’ 100% inquiry rise

Pension plan administrators yesterday said they had seen a 100 per cent increase in employer inquiries over the past 12 months, describing the surge as “significant” given existing low participation levels.

Month’s end closing for John S George

One of the Bahamas’ best-known and historic retail names is ceasing business at month’s end with the loss of “under 15 jobs”, its owner yesterday telling Tribune Business he had been unable to “make inroads” into the annual $1 million losses it was suffering when he took over.

Two charged with gun possession

TWO men appeared in Magistrate’s Court yesterday accused of possessing an unlicenced firearm and more than 100 rounds of ammunition.

BISX-listed fund promises investors ‘far better’ 2015

The BISX-listed Bahamas Property Fund yesterday said 2015 will be “a far better year” for its shareholders, as it aims for a ‘double digit’ increase in occupancy levels at its flagship building in downtown Nassau by mid-year.

Hield held below 10 points, Sooners lose

HOUSTON, Texas — Kris Jenkins was caught in midair as he tried to draw a foul and just as he was about to lose the the ball or be called for a travel, he hurled a desperation three that fell through the bottom of the net to put the Wildcats up by 40.

FIBA AmeriCup Qualifiers: Men's national basketball team players return to pro circuit

FOLLOWING last month’s home triumph at the FIBA AmeriCup Qualifiers, several men’s national basketball team players returned to the professional circuit and continued that momentum with their respective clubs. David Nesbitt continues his career in B

Exuma resort hosts athlete fundraiser

Top Canadian athletes will celebrate the winter Olympics at Exuma’s Grand Isle Resort & Spa in a bid to raise money for their fellow sportsmen.

CIBC’s corporate unit in 40% bad loan shrink

CIBC FirstCaribbean’s Bahamian corporate and investment banking unit saw non-performing loans shrink by almost 40 per cent in its 2016 financial year, as the bank continued its “solid” recovery from past credit provisioning.

Miller: Ex-Robin Hood store 'must open' before Christmas

MARIO’S Bowling and Entertainment Palace chief, Leslie Miller, said that despite earlier setbacks he expects to have the former Robin Hood store open by Christmas, telling Tribune Business: “We have to catch Christmas season.”

Cheetahs stop Operators 82-72, Truckers down Queens 80-70

PHILICIA Kelly had one memorable outing for the Career Builders Lady Cheetahs and the Johnson’s Lady Truckers had one weapon too many to stop as the two teams came up big on the New Providence Women’s Basketball Association’s (NPWBA) opening night.

Insurer’s $80m Matthew payout 20% off forecast

A top insurer yesterday said its total Matthew claims payout was likely to be 20 per cent less than originally estimated, as it warned that the Bahamas’ hurricane preparedness “cannot be business as usual”.

Coral farm ‘showcase’ eyes 1m annual target

The Bahamian winner of Prince William’s £1m Earthshot prize yesterday disclosed it is targeting production of 1m coral pieces per year to help “showcase” this nation’s environmental credentials.

Auto dealers strike 10% 'convert' return

Auto dealers yesterday expressed optimism that they would double their monthly sales average in April as a result of the recent Car Show, with some having already hit their 10 per cent ‘conversion’ return rate.

Nassau ‘leads Americas’ on cruise ship port visits

Nassau Cruise Port is handling “more cruise ships than any port in the Americas”, its chief executive said yesterday, adding that “we’re well on our way to climbing out” of COVID’s devastation.

Pinder surpasses 200 three pointers made

TYLER Pinder continues to deliver standout performances during his senior season and notched another career milestone.

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