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Climate change exacerbates Bahamas’ major challenges

CLIMATE change is exacerbating the Bahamas’ challenges with food security, water scarcity and energy security, the Prime Minister said yesterday, over an issue that threatens this nation’s land mass.

Halkitis: We'll meet targets - and beat them

A cabinet minister said that the government will “achieve” and “surpass” the budget targets in terms of the deficit with a goal to get the debt to GDP down to 50 percent by 2031.

PM: Digital asset ambitions to rebuild financial services

The Prime Minister yesterday said The Bahamas’ ambitions to become a digital assets hub will help it recover financial services activity that has been lost to the “global assault” on international financial centres (IFCs).

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How Rajiv is making the best of it in Canada

RAJIV Williams, a first year student studying in Canada, is among the scores of Bahamian students unable to return home amid the coronavirus pandemic.

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Reef can survive in warmer seas

NEW research has shown that a coral reef in Abaco can survive in extreme warming ocean temperatures caused by climate change.

Dorian blows away 2,500 tourism jobs

Some 2,500 tourism jobs, which supported more than 10,000 family members, were blown away by Hurricane Dorian it was revealed yesterday.The category five storm’s impact on employment levels in The Bahamas’ largest private sector industry was exposed

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‘Right church, wrong pew’ over second GB marina

A Grand Bahama investor yesterday said he has yet to receive a satisfactory offer for his second marina asset, revealing: “They’re in the right church, but sat in the wrong pew.”

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Wildcats to face Tigers in Battle 4 Atlantis finale

The Villanova University Wildcats snuck past the North Carolina Tar Heels in an 83-81 overtime thriller to advance to their third Battle 4 Atlantis finals yesterday at the Imperial Arena, Paradise Island.

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Evans says Aliv will not steal major market share from BTC

BAHAMAS Communications and Public Officers Union President Bernard Evans yesterday dismissed assertions that newcomer Aliv will steal a significant market share from the Bahamas Telecommunications Company, charging that the former’s initial success is merely the result of “restrictions” placed on BTC by regulators to give Aliv “some advantage” to “get in the game”.

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Aliv’s pay-per-second rates aim to cut customer costs

THE Bahamas’ second mobile operator yesterday promised to deliver superior customer service and “phenomenal” plans, as it outlined pay-per second call rates and “no contracts” as key components of its new mobile services offering.

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Bahamas slams Cayman 105-36

BACK in the win column on day three, the Bahamas sealed a spot in the semifinals of the Centrobasket U15 Championships for Men.

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Jones sets season high 17, Hunter has career high 11

BIG nights from Kai Jones and Sammy Hunter en route to résumé building wins for their programmes highlighted Bahamian student athletes in NCAA Division I basketball on Tuesday night.

Private sector brands VAT compliance ‘very impressive’

Super Value’s owner has described initial Value-Added Tax (VAT) compliance rates as “very impressive”, amid hopes there has been “a paradigm cultural shift” in attitudes towards paying taxes.

S&P downgrade a ‘wake-up call’

The Central Bank’s governor yesterday said Standard & Poor’s (S&P’s) August downgrade of the Bahamas’ sovereign credit rating to one notch above ‘junk’ status was “a wake up call”, not a “seismic event”.

First VAT filings: ‘Huge discrepancies’ unlikely

The Tax Coalition’s chairman is not expecting “huge material discrepancies” between the private sector and the Government over the first Value-Added Tax (VAT) filings, although he acknowledged: “The proof of the pudding is in the eating.”

$20-$30M INVESTMENT AT LAST HOTEL CORP HOTEL

By NEIL HARTNELL Tribune Business Editor An Illinois-based investor is eyeing a $20-$30 million investment during the first two phases of its plans to transform the last Hotel Corporation-owned property into an upscale boutique resort, with talks aiming

TECH TALK

• AMAZON has launched a paid streaming music service, the latest entry in an increasingly crowded field.

Top pitchers and batting champions take the spotlight

SIGMA Wildcats’ infielder Jeanette Hilton and Sting Truckers’ outfielder Lamar Watkins are the New Providence Softball Association’s 2014 ladies and men’s batting champions respectively.

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05272016 Weekend

Friday, May 28th.

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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.