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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.
Battle 4 Atlantis men: Tar Heels to face Wildcats In Semifinals today
THE 12th Battle 4 Atlantis men’s tournament got off to a hot start for the Villanova Wildcats and North Carolina Tar Heels yesterday at the Imperial Arena, Paradise Island.
Junior college basketball prospects soak up early season success in US
BAHAMIAN basketball prospects have teamed up at the junior college level across the United States and have experienced early season success with their respective programmes.
Radio personalities 'dunking for boobies'
SOME OF the best known radio DJs and personalities in the Bahamas will be getting an early morning soaking today as Radio House, home to 100Jamz, Cool96 and Y98FM, partner with the Bahamas Breast Cancer Initiative Foundation (BBCIF) for the ‘Dunking For Boobies’ event to help raise funds and promote breast cancer awareness month.
Mark St Fort progresses to highest level of basketball in Japan
BAHAMIAN national team player Mark St Fort has progressed to the highest level of basketball in Japan for the upcoming 2020-21 season. St Fort recently agreed to a deal with SeaHorses Mikawa of the Japanese B-League. He spent last season in the country’s third division, the B3-League with the Saitama Broncos, where he averaged 17.9 points and 9.8 rebounds per game. The B3-League has eleven teams made up of de facto semi-professional teams.
Tributes to Adderley a 'fierce Bahamian patriot'
FORMER Parliamentarian and acting Governor General, Paul Adderley, died yesterday after a lengthy illness. He was 84 years old.
Eagles finish showcase undefeated
THE Georgia Southern Eagles left the Islands of the Bahamas Showcase with their undefeated record intact.
Oil opponents: BPC EIA 'contradicts' drilling halt
Oil exploration opponents are arguing Bahamas Petroleum Company's (BPC) assertion that a mid-drilling halt will cause "unnecessary safety" risks is contradicted by its own environmental studies.
Rockets, Pros win in NPBA double header
THE New Providence Basketball Association’s season got in full swing with its first double header of the season at the AF Adderley Gymnasium on Monday night.
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”.
Gov't 'can't say' how much spent on NHI
The Minister of Health “cannot say” how much the Christie administration spent on National Health Insurance’s (NHI) launch, saying only: “It’s more than $100 million.”Dr Duane Sands acknowledged that many Bahamians will be amazed the Government canno
Top junior golfers on par for the Nationals
THE top juniors golfers in the country are prepared to take to the course as the Bahamas Golf Federation showcases its young talent.
Average cruise visitor spend rises 42%, says Minister
THE average expenditure by cruise passengers in the Bahamas has increased by roughly 42 per cent according to the Minister of Tourism, Obie Wilchcombe, who said yesterday that the country is also on pace for a record number of air arrivals this year.
Miami Heat’s Deng training in the Bahamas
THE Islands Of The Bahamas, long known for beautiful, crystal clear waters, powder soft white sand beaches and near-perfect, year-round weather, are also known for their passion and commitment to sports.
Former Senator Mizpah Tertullien laid to rest
FORMER Senator Mizpah Tertullien was laid to rest following a state-recognised funeral at St Francis Cathedral, West Street, Nassau, on Friday morning.
Christie promises VAT amendments and debate soon
PRIME Minister Perry Christie said yesterday that he hoped to see the final Value Added Tax (VAT) legislation debated and passed before Parliament’s standard summer recess, acknowledging that there would be “an amendment or two” to the Bill tabled a few weeks ago.
Three more deaths from COVID-19
MINISTRY of Health and Wellness officials have reported three more COVID-19 related deaths, pushing the nation’s death toll to 833.