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NAD sees 5% passenger traffic fall over Christmas

OUTBOUND passenger traffic from the Lynden Pindling International Airport (LPIA) into the US over the Christmas holiday period decreased 5 per cent year-over year, according to airport operator, the Nassau Airport Development Company (NAD).

Concerns that hotel tax breaks unduly exploited

A BAHAMIAN businessman has voiced concerns that foreign investors are unduly exploiting Hotels Encouragement Act incentives to obtain tax breaks on construction materials for large vacation rental properties.

Tourism in best physical condition for ‘20 years’

The Bahamian hotel industry is enjoying a “strong” summer season, the Bahamas Hotel and Tourism Association’s (BHTA) president yesterday suggesting the industry was preparing for perhaps its “best physical product in 20 years”.

Look for a Super Bowl rematch in Indianapolis

By BARRY WILNER AP Pro Football Writer GET ready for the rematch. The Super Bowl rematch, not the Harbaugh coaching family reunion. For a Super Bowl redux to happen, the New York Giants will need another huge road win, this time at San Francisco. And whe

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A massive U-turn in China

ActivTrades

Having maintained a strict zero- COVID policy for almost three years, the Chinese government had become a prisoner of it. The strategy was designed to address the low vaccination rates of the elderly population (80 million people aged 80+ years are not vaccinated and 44% of the population did not receive the third dose, this percentage rising to 60% among people aged 80+ years). And, although studies in Hong Kong comparing CoronaVac with BioNTech’s vaccine have not been conclusive, the Chinese government did not seem to have much confidence in the degree of immunity provided by their own vaccines.

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Davis and Panthers get win over Miller Jr and Eagles

RADSHAD Davis had the better individual performance and his FIU Panthers got back into the win column with a dominant performance against Franco Miller Jr and the Florida Gulf Coast University Eagles.

No consumer respite despite inflation ease

As the tide of inflation in The Bahamas seems to be ebbing, it prompts reflection on what this means for the average Bahamian’s wallet.

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Super Value transport budget up 47% as gas prices strike

Super Value’s principal yesterday said shoppers have “cut back drastically” on luxury items to make every dollar count, while revealing the supermarket chain’s own transportation budget has soared 47 percent.

Liquidators silent over $5.5m Baha Mar salary source

Baha Mar’s joint provisional liquidators last night confirmed they had secured funding to pay the September salaries for the 2,400 non-Melia staff, while also pledging to meet all employee benefits due since their September 4 appointment.

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PM: Sears bid is no problem

PRIME Minister Perry Christie said he does not feel threatened by former Attorney General Alfred Sears’ bid to challenge him for the leadership of the Progressive Liberal Party, despite rumblings within the organisation that young supporters and Bahamians want a new direction.

Bahamian players in NCAA action

By RENALDO DORSETT

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'Historic' year for tourism ahead

BAHAMAS Hotel and Tourism Association president Robert Sands said The Bahamas is set to see an “historic” level of visitor arrivals next year while bookings for most hotels in New Providence this holiday season and throughout the new year remain strong.

BFR implores government to go with VAT 'exclusive' pricing

The Bahamas Federation of Retailers (BFR) has said that VAT “exclusive” pricing, as opposed to VAT “inclusive” pricing, is essential to the success of the government’s attempt at reforming the existing tax structure.

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‘LAST CHANCE TO CUT A DEAL’: Teachers leader warns stalled pay talks heading towards industrial action

BAHAMAS Union of Teachers president Belinda Wilson has warned that it will not be business as usual in the upcoming fall school semester if the government does not present an “acceptable” proposal for an increase of teachers’ salaries.

Sports notes

THE Baptist Sports Council has announced that their 2015 Softball Classic will get underway on Tuesday, November 17, at the Banker’s Field at the Baillou Hills Sporting Complex.

FTX Bahamas properties must fetch ‘80% of value’

All sales of FTX’s 35 high-end Bahamas properties must fetch a price that is “equal to or greater than 80 percent” of their broker-appraised values, it has been revealed.

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Commonwealth Bank Giants stay alive

THE Commonwealth Bank Giants, the best team in the regular season, refused to exit the New Providence Basketball Association men’s best-of-seven championship series without putting up a fight.

Bahamian firm hailsits Majestic honour

Majestic Tours, the Bahamian tour operator, has won Delta Vacations’ 2018 Quality Assurance Award for the 10th consecutive year.Delta Airlines’ vacation provider created the Quality Assurance Award programme to recognize partners that provide outstan

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14-game win streak to end season for Jones

JONQUEL Jones and the Connecticut Sun had a historic finish to the 2021 WNBA regular season and now set their sights on the postseason as the No 1 overall seed.

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Jones perfect

Kai Jones had a perfect season debut while Franco Miller Jr and Radshad Davis shined in their new surroundings in wins for their respective programmes on the opening night of NCAA Division I basketball.