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Baha Mar to close on March 25 until further notice – temporary layoffs for nonessential staff
Baha Mar will close until further notice starting March 25 at 3pm, with a temporary layoff of all nonessential staff.
Trade deficit leaps 15.6% to $715.1m
THE Bahamas’ trade deficit increased by 15.6 percent to $715.097m during the 2022 first quarter as cross-border flows continued to rebound from the COVID-19 related restrictions of the year before.
Business offerings are brought Aliv
The Bahamas’ second mobile operator, Aliv, yesterday launched its business to business (B2B) offering, a senior executive describing it as a “core piece of the puzzle” in the company’s development.
Just 50 Baha Mar staff left if no deal
Baha Mar will reduce its workforce to just 50 key employees essential to run a “skeleton operation” if it is unable to resolve the dispute with its Chinese partners by next Monday.
Jaraun ‘Keino’ Burrows: ‘I had a good season in Sweden’
HE would have loved to have stayed around and played a little longer in the playoffs, but Jaraun ‘Keino’ Burrows was satisfied with the season that he experienced this year in the Swedish Professional Basketball League.
House dispute erupts over controversial water plant
A dispute erupted in the House of Assembly yesterday over a troubled New Providence wastewater treatment plant that the new administration is pledging to finish “in the shortest possible time”.
House dispute erupts over controversial water plant
A dispute erupted in the House of Assembly yesterday over a troubled New Providence wastewater treatment plant that the new administration is pledging to finish “in the shortest possible time”.
Coleby, St Fort, Higgs deliver season highs
AN active weekend for Bahamian pro basketball players in their respective leagues across the globe featured several season high performances. Headlining the list was veteran forward Kadeem Coleby in the Japanese B-League. Coleby finished with 30 points and 15 rebounds - both season highs - in an 89-86 loss for his Akita Northern Happinets to Hitachi SRT. He shot 11-14 from the field and also added two blocked shots. Akita dropped to 6-4 on the season, sixth place in the Eastern Conference.
$5m deal signed to improve water supply in Long Island
A $5m contract was signed yesterday between the Water and Sewerage Corporation and BHM Company Limited to bring potable water to hundreds of residentes in Long Island. Settlements such as Salt Pond have “suffered for far too long without a reliable p
Giants, High Flyers take title
THE New Providence Basketball Association concluded its 2017-18 season with champions crowned in both divisions over the weekend.
Port ‘revving up’ for $563k revenue boost
The Nassau Container Port is eyeing a $563,000 annual top-line boost after a two-year effort succeeded in bringing 90 per cent of auto-carrying vessels to its docks.
BOB allows for two ‘minority’ directors
Bank of the Bahamas will hold an Extraordinary General Meeting (EGM) within the next 90 days to elect two minority shareholder representatives to its Board of Directors.
BTC chief projecting 30% mobile share loss
The Bahamas Telecommunications Company’s (BTC) chief executive yesterday said the industry “rule of thumb” is that the second Bahamian mobile operator will seize 30 per cent of its market share.
McFall, McCoy off to good start in NCAA Div. ii
BOTH Johnathan McFall and Malachi McCoy got their senior seasons off to promising starts as the NCAA Division II basketball season tipped off last weekend in early season tournament play.
Recurrent imbalance rose 1.7% pts in slump
The Government’s recurrent account “imbalance” grew by a sum equivalent to 1.7 per cent of GDP during the former Ingraham administration’s term in office, the minister of state for finance said yesterday.
Govt targets extra $40-$80m revenue from enforcement
The Government is targeting an extra $40-$80 million in additional revenue over the next six to 12 months as it pursues an enhanced enforcement/compliance strategy, a Cabinet minister said yesterday.
Realtors confident of beating 2017's 40-90% sales rise
Top realtors yesterday expressed confidence they will this year beat a 2017 sales performance that exceeded prior year comparatives by between 40 to 90 per cent.John Christie, H. G. Christie Ltd’s chief executive, told Tribune Business that the secto
Training Agency: More than half of graduates get job
The National Training Agency (NTA) has assisted ‘more than half’ of its 2,000 graduates to-date to find full-time employment, its director told Tribune Business yesterday.
Govt raises deficit estimate to $100m
The Government yesterday forecast a more modest pace for fiscal consolidation, projecting a higher $100 million GFS deficit for the upcoming 2016-2017 Budget year compared to its estimates a year ago.
Puerto Rico routs Bahamas 86-67
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After winning their opening game by 11 points on Thursday at the Coliseo Roberto Clemente Gymnasium, The Bahamas men’s national basketball team watched helplessly as Puerto Rico came to town and turned the tables with a 19-point rout.
