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Don’t ‘reinvent the wheel’ over Abaco mega project
An Abaco realtor yesterday queried why the Government was “reinventing the wheel” with new multi-million dollar resort projects when existing ones were for sale at a fraction of these sums.
With tourism, we're onto something positive
Several exciting things have been announced in the Bahamian tourism industry and more are in the pipe line, so to speak.
US warnings ‘threaten core of our existence’
The Bahamas “must do everything in our power” to combat US crime advisories, the Chamber of Commerce’s chief executive warning yesterday: “It threatens the very core of our existence”.
Shame on D'Aguilar
I enjoy what I do as the number one rated (or so some say) talk show host in the nation. As host of The Real Deal, I have been presented with a huge electronic platform to promote nation building public policy initiatives and to make a difference in the lives of many Bahamians.
More than 100 investors at risk of losing crowdfund investment
A former Colina Insurance Company chief and at least 115 fellow investors are in peril of losing most, if not all, their combined $2.4m-plus investment in the insolvent ArawakX crowd-funding platform.
Gambling referendum to cost $5m
ABSOLUTE scandal! Obviously, National Security Minister Dr Bernard Nottage did not realise the Pandora’s box he opened this weekend with the announcement that the January 28 gambling referendum has cost the Bahamian tax payer about $5 million, especially as Prime Minister Christie — who is also Finance Minister — had some weeks earlier estimated a cost in the region of $1 million plus.
National Sculling Championships to highlight Long Island regatta
BAHAMIAN Brewery and Sands Beer will take its ‘Man in the Boat’ National Sculling Championships to the 40th annual Long Island Regatta in Salt Pond next weekend and will be the sponsors of the E Class sailing competition.
Sports in brief
THE Bahamas Association of Independent Secondary Schools’ best-of-three basketball playoffs is slated to continue today at Kendal Isaacs Gymnasium.
Gov’t to phase-out VAT bi-annual filing
The Government is moving to eliminate the bi-annual filing of Value-Added Tax (VAT) returns by year-end, in a bid to boost its cash flow and obtain more consistent returns.
‘Gratified’ by Grand Lucayan bid quality
Hutchison Whampoa’s property arm should “soon” announce the Grand Lucayan’s fate, its advisers saying they were “gratified’ by the quality of bids submitted to purchase the resort.
GDP data ‘contrary’ to IMF, agency stats
The ‘negative’ real GDP growth data published by the Department of Statistics is “contrary” to previous IMF and rating agency estimates, the Chamber of Commerce’s chairman said yesterday.
Gov’t: Inflation did not drive VAT revenue rise
Record inflation generated less than $10m of the VAT revenue increase in the first six months after the rate cut, the Ministry of Finance asserted last night, with the 2021-2022 deficit slashed by 48.4 percent year-over-year.
Exchange rate was 'never in jeopardy'
The Bahamas’ $838 million foreign currency reserves “are in line” with both their internationally-recognised adequacy benchmarks, the Central Bank of the Bahamas governor yesterday saying the one:one US dollar peg was “never in jeopardy” over the past decade.
FIBA World Cup ‘23 Americas Qualifiers postponed
WITH the impending impact of Tropical Storm Nicole on The Bahamas, FIBA and the Bahamas Basketball Federation announced the postponement of the latest window of the World Cup 2023 Americas Qualifiers.
CIBC’s New Year halt to in-branch payments
CIBC FirstCaribbean last night justified its decision to halt physical in-branch transactions from January 3 - a move that will impact thousands of Bahamians - by asserting that 85 percent of clients are already using digital banking channels.
Resorts ‘pleasantly surprised’ over Easter booking numbers
A senior Atlantis executive yesterday said he is “encouraged” by Easter bookings despite tourism not yet recovering to 2019 levels.
Doctors chief labels $89m public health gap 'a bombshell'
THE Medical Association of the Bahamas’ (MAB) president has described revelations of an $89 million public healthcare funding shortage as “a bombshell”, and “warranting extreme concern”.Dr Sy Pierre told Tribune Business that the problems laid out by
Baha Mar contractor: No rooms for Sarkis
Baha Mar’s main contractor refused to turn over completed rooms to the original developer in early 2015 as it sought leverage to claim an extra $119m in their growing payment dispute.A senior China Construction America (CCA) official, in a February 1
Jonquel Jones reflects on her standout season
JONQUEL Jones and the Connecticut Sun fell one game short in their historic run toward a WNBA Championship, but the fourth year forward has established herself as one of the premier players in the league with her standout season.Jones averaged 19.2 p
Jazz: ‘I want to win MVP’
After missing out on an historic Major League 20/20 (home run/stolen base) feat this past season that was hampered by an injury, Bahamian Jasrado “Jazz” Chisholm said he’s looking forward to improving in his quest to go after the Most Valuable Player award.
