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Lakers beat Celtics by one

BOSTON (AP) -- Pau Gasol blocked Ray Allen's putback attempt at the buzzer in overtime and the Los Angeles Lakers held on to beat the Boston Celtics 88-87 last night. Gasol finished with 25 points and 14 rebounds, and Andrew Bynum had 16 points and 17 rebo

Lakers beat Celtics by one

BOSTON (AP) -- Pau Gasol blocked Ray Allen's putback attempt at the buzzer in overtime and the Los Angeles Lakers held on to beat the Boston Celtics 88-87 last night. Gasol finished with 25 points and 14 rebounds, and Andrew Bynum had 16 points and 17 rebo

VAT covering 99% of economy despite $50,000 exemption

THE Government’s plan to exempt businesses with an annual turnover of $50,000 or less from paying Value Added Tax (VAT) will capture “99 per cent” of the turnover taking place in the Bahamian economy, a senior Ministry of Finance official believes, relieving small businesses from the compliance burden.

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Elite, developmental sports programme supports athletic achievement at The Lyford Cay International School

STUDENTS with exceptional athletic ability at The Lyford Cay International School (LCIS) now have new support for their ambitious goals: The Elite and Developmental Sports Programme (EDS).

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Bank loss leaves Family Islands ‘out of economy’

Exuma’s Chamber of Commerce yesterday said it is aiming to engage the Government over the “devastating” impact the island has suffered from losing “two-thirds” of its bank branches.

In the NPBA, Stingers rout UB Mingoes, Stampers top Eagles Nest

THE PJ’s Stingers stung the University of the Bahamas Mingoes 87-69 and the Triple K Stampers stomped past the Leno Eagles Nest 97-94 as the New Providence Basketball Association continued its regular season at the AF Adderley Gymnasium.

Over 90% say public corruption ‘frequent’

Renewed demands for greater government transparency were sparked yesterday by research showing over 90 percent of Bahamians believe nepotism, cronyism and corruption is “frequent” among politicians and public officials.

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Atlantis see eight per cent Fall booking rise

SEVERAL major Nassau-based hotel properties are expecting a successful fall 2012 season, with an Atlantis executive telling Tribune Business its bookings for the season were expected to be 8 per cent ahead of 2011 numbers.

‘The Tank’ Williams loses unanimous decision to Hammer

IT WAS a less than desirable result in the return to the ring for Bahamian heavyweight Sherman “The Tank” Williams in his first fight of 2015.

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Two years, three months in prison for stealing and lying to officer

A MAN was sentenced to two years and three months in prison in Magistrate’s Court yesterday after admitting to stealing $88 worth of goods from a shop and lying to an officer.

Lilith Adderley, wife of former AG, dies aged 88

LILITH Adderley, widow of former Education Minister and Attorney General Paul Adderley, died Friday morning at the age of 88.

Memorial for Dr Julia Wershing

A MEMORIAL mass was held in Madison, Nebraska, this morning for Dr Julia M Wershing, 89, who died in Madison, on Tuesday at the Arbor Care Centre in Madison.

Oil explorer seeks approval to open to small investors

A Bahamas-based oil explorer and its advisers last Thursday submitted a formal request for regulatory approval to open their £2m mutual fund to investments by small Bahamian retail investors.Brian Jones, managing director of Leno Corporate Services,

BEC: Its 35% 'too high' heat rate costs millions

The Bahamas Electricity Corporation (BEC) could generate multi-million dollar savings for its long-suffering customers by simply bringing its fuel burning efficiency in to line with the global industry average, it was revealed yesterday.

Demitri Knowles looks to regain his spot in new look Hokies offence

As spring practice continues, Bahamian wideout Demitri Knowles is no doubt looking to have a resurgence this season as the Virginia Tech Hokies rebuild their offence and passing game.

FIBA Centrobasket: Team Bahamas in win column

After improving in each of their first three games played, the Bahamas junior boys’ team finally got in the win column at the FIBA Under-15 Centrobasket Championships.

Knowles and Holies earn 21st bowl appearance in V-Tech history

A CAREER year for Bahamian wide receiver Demitri Knowles saw him and his Virginia Tech Hokies earn the 21st bowl appearance in school history.

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Shockers edge past Regulators

EVEN though he struggled in spurts, William ‘J R’ Rigby still managed to can a game high 30 points, including the game winning three-pointer with 3.1 seconds left on the clock.

S&P’s higher deficits on VAT ‘uncertainties’

Standard & Poor’s (S&P) has agreed that there are “indeed uncertainties” surrounding Value-Added Tax (VAT) implementation, and is less optimistic than the Government in projecting a 3 per cent fiscal deficit for 2015-2016.

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.