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Winter tourism fears on union ‘work-to-rule’
Unionised employees were yesterday placed on “work to rule” at most of Nassau’s major resorts in a move likely to raise fears for this week’s key Thanksgiving holiday weekend.
BTC broke law on exclusive phone card agreements
The Bahamas Telecommunications Company (BTC) was yesterday fined $243,442 after regulators determined its ‘exclusive’ phone card supply agreements broke the law, excluding rivals from up to 60 per cent of the market.
Giants stay undefeated, Bucket take upper hand in semis
THE Commonwealth Bank Giants stayed undefeated and the Aliv Bucket took the upper hand in their respective best-of-five semi-final playoff series as the New Providence Basketball Association played a double header on Monday night.In the men’s divisi
CIBC’s corporate unit in 40% bad loan shrink
CIBC FirstCaribbean’s Bahamian corporate and investment banking unit saw non-performing loans shrink by almost 40 per cent in its 2016 financial year, as the bank continued its “solid” recovery from past credit provisioning.
Cruise lines miss out on port project
The cruise lines were yesterday reassured they will not face excessive port fees after the government selected Global Ports Holding’s $250m bid to redevelop Prince George Wharf.
Real Property tax reforms can ‘double’ revenues to $200m
The Government has been advised that it could double real property tax collections to almost $200 million per year through better enforcement and ensuring all eligible properties are on the roll, a Cabinet minister has disclosed.
Plane used for mail flights to Bahamas has a grisly history
A TURBOPROP plane once used to deliver mail to The Bahamas from Florida has been revealed to have had a grisly history – with political detainees in Argentina having been thrown from the vehicle to their deaths during the country’s 1976-98 military dictatorship.
'We don't know where the next dollar is coming from'
An ex-Cabinet minister says his family's business "doesn't know where the next dollar is coming from" as losses hit $150,000 per month due to COVID-19's devastating impact on the entertainment sector.
Robinson leads Team Bahamas golfers in Dominican Republic
The 2017 Caribbean Amateur Golf Championships continued at The Links Casa de Campo Resort in the Dominican Republic and several Bahamian golfers fell behind the pace they established on day one.
Business Licences: 99% were approved ‘in time’
The Ministry of Finance’s top official yesterday said 99 percent of Business Licence renewal applications were approved “in time” with those outstanding needing to “clarify” questions surrounding their reported turnover.
Breezes High Flyers top Aliv 95-86
THE New Providence Basketball Association got its best-of-five semi-final playoffs started at the AF Adderley Gymnasium over the weekend and there were no surprises in the outcome of the games played.
LJ Rose inks deal with new European club
NATIONAL team guard LJ Rose inked a deal with a new European club.
Atlantis gains court bar on union action
Atlantis last night obtained an emergency injunction to prevent further industrial action by the hotel union following yesterday’s picketing that hit an industry trying to rise from its “knees” post-Dorian. Tribune Business understands that the Supr
Promotion Board president urges 30% stopover focus
The Bahamas Out Island Promotions Board president yesterday urged the nation to near-double the proportion of stopover visitors that make up its tourism base to 30 percent.
Miller and Aggies get 84-73 win over Cleare and Longhorns, into Battle 4 Atlantis semis
SHAQUILLE Cleare had the better individual performance, but it was Tavario Miller and the No.25 ranked Texas A&M Aggies who came away with the win to advance to the Battle 4 Atlantis semi-final.
Broker’s rescue questioned over $1.8m deficiency
The Securities Commission is questioning whether last-ditch efforts to rescue a Bahamian broker/dealer, which has admitted to misusing client monies, are “bona fide” given its $1.862 million solvency deficiency.
BUDDY SETS CAREER HIGH 3O, AWARDED ROOKIE OF THE MONTH
BUDDY Hield ended the Sacramento Kings’ first season in the Golden 1 Centre by giving the fanbase a glimpse of what the franchise can expect from the rising star.
Bahamas vs USA in FIBA AmeriCup 2020 Qualifiers
THE Bahamas recently released its pool of players for the third and final leg of the FIBA AmeriCup 2020 Qualifiers and we are now starting to learn about the team they will be facing in game one as the United States begins to put its roster together.
Rookie guard Buddy dishes out his season high 5 assists
With All-Star forward Anthony Davis sidelined for the first time this season, Buddy Hield and the remainder of the supporting cast for the New Orleans Pelicans gave a valiant effort but again fell short and dropped to 2-10.