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$232m borrowing to pay for boats
THE Christie administration will today table a resolution to borrow $232 million to purchase nine new Royal Bahamas Defence Force vessels.
You are the change you are looking for!
Everywhere you turn, people are looking for change; craving an improved disposition, especially in their personal life or their outer circumstances. Yearning and wanting is how they spend most of their time. They are waiting for change to happen to them as oppose to them happening to change.
Fidelity’s ‘ace in hole’ on $25m profit target
A BISX-listed bank has an “ace in the hole” when it comes to hitting its $25m profits target for 2022, its top executive revealed yesterday.
A gift for Kaylee to help treat diabetes at home
SIX-year-old diabetic Kaylee Hanchell will be able to have her blood sugar levels diagnosed at home after the donation of a life saving device by CIBC FirstCaribbean International Bank.
NPBA: Shockers get 92-79 win over Regulators
A BUSY night on the New Providence Basketball Association schedule featured several blowout wins for division contenders.
Chavez Young sidelined with injury in Australia Baseball League
AFTER several delays to the start of the Australian Baseball League, Chavez Young finally had an opportunity to make his debut, but following an injury in his first at bat, the switch hitting outfielder has been sidelined.
Skills transfer woe still a ‘sad reality’
The Bahamas must change “the sad reality” that key skills and knowledge are not being passed on to local workers by expatriate work permit holders, a prominent contractor argued yesterday.
‘Buddy’ Hield, Fox lead Kings to 113-92 rout of the Knicks
NEW YORK (AP) — Buddy Hield scored 22 points, De’Aaron Fox had 24 and the Sacramento Kings routed the New York Knicks 113-92 last night for their second straight victory following a 0-5 start.
$50m capital raising comes Aliv next week
The Bahamas’ new mobile operator will bring a $50 million capital raising ‘Aliv’ next week, its advisers yesterday predicting “a very successful offering”.
Chamber endorses CEO over 10-year securities barring
The Chamber of Commerce last night fully endorsed its chief executive’s performance and integrity after details of his ten-year securities industry ban and total $210,000 fines emerged.Michael Maura, the Chamber’s chairman, in a signed statement desc
Bad weather cancels as many cruise calls as COVID’s Omicron
Nassau Cruise Port’s top executive yesterday said it has lost more vessel calls to bad weather than the COVID Omicron variant with berth bookings “very solid” for the remainder of 2022.
Land Registry and house price index for property tax fix
The Bahamas needs a modern Land Registry and house price index if the Government is to properly capture changing real estate market dynamics for real property tax purposes, the Chamber’s chairman said yesterday.
USA runs past The Bahamas 99-59 in AmeriCup qualifier
The United States dominated both the boards and points in the paint en route to a lopsided win over a shorthanded Team Bahamas at the FIBA AmeriCup 2022 Qualifiers.
Gov’t bond offering likely 20% off-target
The first Bahamas Government Stock (BGS) issue of the 2015-2016 fiscal year was likely to close 20 per cent below target, the administration’s financial advisers disclosed yesterday.
Cutting 1,000 companies to maximise VAT revenues
A top accountant yesterday backed the Government’s plans to slash mandatory Value-Added Tax (VAT) registrants by 1,000 firms, telling Tribune Business this would help to “maximize” revenues from the new tax.
Aliv in ‘phenomenal position’ financially
The Bahamas’ new mobile operator is in “a phenomenal position” financially, having secured $186 million in start-up funding prior to this week’s planned capital raising.
Turnquest: Only fair for web shops to pay 'their fair share'
FINANCE Minister K Peter Turnquest defended the government’s decision to increase taxes on gaming house operators on Thursday, saying it is only fair web shops pay “their fair share” for its impact on vulnerable communities.
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”.
‘Phenomenal’ 16% air arrivals surge for Q1
Bahamian entrepreneurs have been urged to seize the moment and “grab a greater piece of the tourism pie” with projected air arrivals up 16 percent for three of 2019’s first four months.
