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Downtown retail hails port winner as ‘what we need’
Bay Street merchants yesterday said Global Ports Holding’s $250m plan to redevelop Nassau’s cruise port is “exactly what downtown has needed for many years”.
Port's 80% efficiency almost tops Caribbean
The Freeport Container Port (FCP) is the second most efficient port in the Caribbean despite having the highest shipping costs per mile, a World Bank study has found.
Atlantis places renewable energy on 'front burner'
Atlantis will be “redirecting” its focus to renewable energy generation systems now that it has concluded its $1.9 billion debt refinancing, its top executive saying last week’s island-wide power blackout could not have happened at a worse time.
Hurricane forces delay in trial of men accused of killing press secretary
TWO men scheduled to stand trial for the murder of Prime Minister Perry Christie’s press secretary, Latore Mackey, face another delay in the start of their case.
Benchmark in 2013 'income' warning
Benchmark (Bahamas) yesterday warned investors to expect a “reduction in income”in 2013, due to the pending liquidation of one of its key clients.
Company losing fight against staff lay-offs
An auto parts and hardware store yesterday warned it may lay-off some of its 25 staff members due to the restrictions imposed by the new two-week COVID-19 lockdown.Doreen Rolle, owner/operator of Rolle’s Auto, told Tribune Business: “The hardware sid
7% increase in murders but violent crime reported to be down in 2013
DESPITE a seven per cent increase in murder from 2012 compared to 2013, Commissioner of Police Ellison Greenslade said yesterday serious crimes in the Bahamas have decreased by four per cent during the same time period.
Hotel union aims to close ‘four of five’ this summer
The hotel union’s president yesterday said it is targeting “by summer’s end” to conclude negotiations on at least four of five outstanding industrial agreements in a bid to ease “tremendous pressure” on workers.
Seven-fold jump in Benchmark’s debt to clients no alarm
A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.
‘They wanted Gov’t to buy the Grand Lucayan twice’
The Grand Lucayan’s ex-chairman yesterday said the Government would “effectively have been buying the hotel a second time” had it agreed to Royal Caribbean and ITM Group’s demand it finance 95 percent of the $50m purchase price.
Nassau/PI hotels ‘soon can’t take anyone else’
Nassau and Paradise Island hotels will “soon reach the point where we can’t take anyone else”, a senior tourism executive has warned, with room shortages driving “unheard of” March occupancies.
Sports in brief
WALTIEA Rolle earned the top performer award again this week by BGBasket.com for her outstanding performance in the NBL League, Bulgaria. Haskovo 2012 beat out No.6 team Rilski Sportist with an 85- 62 win.
Sherman Ferguson claims men’s title
SHERMAN Ferguson, the quiet slugger for the BTC Elite Warriors, has been named the New Providence Softball Association men’s batting champion.
Munnings reaches 1,000 career points, 800 rebounds
THE weekend featured milestones, career highs and several teams that got back into the win column for Bahamians in NCAA Division I basketball.
Nurses trained to help save limbs
With 13.6 percent of the population of the Bahamas suffering from diabetes, the country is at an epidemic status. Each year, more than more one million diabetics around the world lose at least a leg. Research has shown that 85 percent of all amputations are preceded by an ulcer and can be prevented.
Yesterday’s referendum became a pawn to politics
NEW YORK Times’ op-ed columnist Frank Bruni, writing an appreciation of Cassandra Butts, President Barack Obama’s appointee as US Ambassador to the Bahamas, noted that she had been waiting for more than 820 days for confirmation in her post and was still waiting when she unexpectedly died on May 25.
Minnis pledges govt of fiscal responsibility
FREE National Movement Leader Dr Hubert Minnis yesterday pledged to create a “new Bahamas” if elected prime minister in 2017 by being “fiscally responsible, intolerant of corruption, and transparent” in the execution of his duties.
Job advice for young Bahamians at COB event
SCORES of young Bahamians were given job advice yesterday by panellists at the College of The Bahamas’ Career Symposium.
Nassau/PI resorts in New Year sell-out
MAJOR Nassau/Paradise Island resorts are predicting traditionally strong occupancies over the Christmas and New Year’s holiday period.
Downtown chief pledges area’s ‘transformation’
The Downtown Nassau Partnership’s (DNP) managing director yesterday pledged that Bahamians and tourists will witness “a major transformation” of the area “within the next two to three years”.
