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IDB study shows VAT 'positive' for jobs, growth

An Inter-American Development Bank (IDB) study has shown that Value-Added Tax (VAT) will have a “positive” impact on the Bahamian economy’s growth and employment prospects in the medium-term, a senior official said last night.

Another career milestone for our WNBA star

JONQUEL Jones reached another career milestone this season and added another résumé builder to an MVP calibre 2021 season.

'We lost so we have to continue to grow as a team'

BUDDY Hield picked back up where he left off last season and continued to be the leading scorer for the Sacramento Kings in their 2019-20 preseason opening series.The Kings and Indiana Pacers played the NBA’s first ever games in India at the NCSI, SV

Business broker 'turns down more than I can take on'

Business broker 'turns down more than I can take on' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A Bahamas-based business broker said yesterday he had turned down more business than he was prepared to take on, telling Tribun

Air charter firms see 80% fall-off

Domestic travel has yet to produce a significant rebound for Bahamian airlines and charter operators, with some suffering an 80 percent drop-off despite the easing of COVID-19 lockdown restrictions. Lori Roach, director of Golden Wings Charter, told

80% of Dorian-hit assets uninsured

Up to 80 percent of private homes and businesses devastated by Hurricane Dorian were uninsured, the deputy prime minister revealed yesterday, creating an unsustainable burden for the state.K Peter Turnquest, opening the annual Accountants Week confer

Holding up a Torch for Life: regulating weapons

CARIBBEAN Community (CARICOM) countries joined dozens of other nations in fighting for a robust and comprehensive Arms Trade Treaty (ATT) during negotiations at the United Nations headquarters in New York from 2 to 27 July, but their efforts were frustrated by President Barack Obama’s re-election campaign team.

Justin Roberts wins opener at the Dominican Republic Futures

BAHAMIAN tennis ace Justin Roberts came through in flying colours yesterday at the Dominican Republic Futures $15,000 Tournament.

Bahamas’ ‘first class fills before economy’

The Bahamas’ tourism rebound is seeing “first class fill up before economy class”, a Cabinet minister said yesterday, estimating that as much as 80 percent of the industry’s economic impact has returned.

Fortify coast for economic growth

The Bahamas’ growth and economic diversification “depend” on fortifying its coast against natural threats, the Inter-American Development Bank (IDB) noting that 60 per cent of its gross domestic product (GDP) is generated by these areas.

Aircraft skids into bushes in Exuma

A Flamingo Air Beechcraft 99 airplane skidded off the runway into bushes in Exuma yesterday morning after experiencing engine problems. In a statement the Air Accident Investigation Department (AAID) said the incident happened at 8.30am at Black Poin

Miller brands $600m waste plant's output 'fiction'

The Bahamas Electricity Corporation’s (BEC) executive chairman has branded as “fiction” and “far-fetched” the assertion by Stellar Energy that its waste-to-energy plant could produce 75-80 Mega Watts of power daily, telling Tribune Business: “The capacity just isn’t there”.

IDB: $13M 'RETROACTIVE' TO STOP ROADWORKS SHUTDOWN

By NEIL HARTNELL Tribune Business Editor An alarmed Inter-American Development Bank (IDB) is providing $13 million in retroactive financing to prevent a "cash flow shortfall" from bringing the New Providence Road Improvement Project to a temporary halt,

From the tarmac to the runway

IN an effort to encourage young Bahamians to visit their 3D artist studio and support the team there, members of Mega Mergers recently hosted a fashion event like no other.

Gibson attorney’s recusal request refused

JUSTICE Cheryl Grant-Thompson has denied Adrian Gibson’s attorney’s recusal request, resulting in the MP’s trial moving forward in her court next May.

Holowesko victorious

YOUNG Bahamian riders Ella Holowesko, Siena Holowesko, and Tamsin Nottage travelled to Saugerties, New York, with their trainer Mrs Erika Adderley-Coello of Mariposa Stables, to compete at the Marshall & Sterling Insurance League 2016 National Finals this past weekend.

‘Jazz’ hits two-run homer in 6-5 loss to Blue Jays

BUFFALO, N.Y. (AP) — Vladimir Guerrero Jr keyed a career-best four-hit outing with his major league-leading 17th home run and the Toronto Blue Jays celebrated the return to their temporary Buffalo home with a 5-1 win over the Miami Marlins last night.

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