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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.

Chamber offer ‘much easier’ than Inland Revenue’s ‘3 at once’

The Inland Revenue offer to simplify the Tax Compliance Certificate (TCC) process by issuing ‘three at once’ would be “much easier” if just one was made valid for a 90-day period, the Chamber of Commerce’s chief executive said yesterday.

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Bahamas 'rises from captives extinction'

The Bahamas has “risen from extinction” in captive insurance, a leading industry player said yesterday, with this nation’s growth rate over the past three years “exceeding any other jurisdiction”.

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NEMA evacuates 3,500

MORE than 3,000 people have been evacuated to New Providence in the wake of Hurricane Dorian.

Fishermen hail 45% increase in crawfish prices

Bahamian fishermen yesterday hailed this season’s 45 percent increase in crawfish prices to $16 per pound as “the best we have ever had” since they started in the industry. Keith Carroll, the Bahamas Commercial Fishers Alliance’s (BCFA) vice-chairman

Co-ordinate for up to 3,500 COVID-19 masks every week

Seamstresses and tailors yesterday said they can produce between 1,000 and 3,500 COVID-19 face masks per week with better government co-ordination.Phylicia Ellis, a fashion designer and seamstress, told Tribune Business: “I listened to the prime mini

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'We shouldn't have hired US team to fix power issues'

A FORMER Bahamas Electricity Corporation chairman yesterday slammed the government’s decision to hire a six-man team of American specialists to address the power generation issues at Bahamas Power and Light. Leslie Miller, a former MP and Cabinet min

CIBC enjoys ‘best result’ for 11 years

CIBC FirstCaribbean’s Bahamian unit enjoyed its “best performance for 11 years” after 2018 profits rose nearly 11 percent due to improved loan book performance and rising US rates.

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Gov't will 'not abandon' $146m Canada trade

The Government will “not abandon” this nation’s $146.56 million annual export trade with Canada, Tribune Business was told yesterday, should the Bahamas’ guaranteed market access be jeopardised.

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PM pays tribute to Edmund Moxey

THE late Edmund Moxey espoused ideas and introduced projects that historians will come to view as being way ahead of their time, Prime Minister Perry Christie said during the state funeral for one of the Bahamas cultural icons at the Parish Church of the Most Holy Trinity on Stapleton Gardens yesterday.

Giants rout Pirates 97-73, Regulators top Pros 76-58

COMMONWEALTH Bank Giants and Mr Ship It Freight Regulators are making it a run for the top spots in their respective divisions of the New Providence Basketball Association.

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Bahamas stifles Barbados, 92-46

Following an opening game loss, the Bahamas bounced back in dominating fashion to even their win-loss record thus far at the 2015 FIBA Centrobasket Under-17 Championship for Men.

Suspected drowning investigated

POLICE are actively investigating the circumstances surrounding the death of an 87-year-old man on Sunday.

FamGuard to make agent acquisition

FamGuard Corporation’s insurance agency subsidiary is expanding via the acquisition of a rival Nassau-based agent, Tribune Business has been told, with the BISX-listed insurer shrugging off a sharp 64.8 per cent annuity decline to post a slight half-year profit increase.

NPBA: Giants, Mingoes in win column

THE Commonwealth Bank Giants and the University of the Bahamas Mingoes won the New Providence Basketball Association men’s division one double header played at the AF Adderley Gymnasium on Monday night.In the opener, the Giants routed the Caro Contra

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TOUGH CALL: A comprehensive Environmental Management Act

IN AN obvious attempt to soothe public anger over the Rubis fuel leak disaster in Marathon, Environment Minister Ken Dorsett recently unveiled draft legislation “for the establishment of the Department of Environmental Planning and Protection”, saying the law would be brought to Parliament in October.

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Comets strike on day 1

Eleven new meet records were set, and the two-team race for the 2017 Bahamas Association of Independent Secondary Schools Track and Field title has already developed atop the standings following day one.

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05232016 Edition

Monday, May 23rd.

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CWC: BTC ‘lags’ region despite $75m investment

The Bahamas Telecommunications Company’s (BTC) controlling owner yesterday conceded that its network quality “lags” much of the Caribbean and wider world, despite increasing its capital investment by 47 per cent last year.

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Bahamas’ $3bn in Russian assets ‘under 1%’ of sector

The Central Bank’s governor yesterday said the nearly-$3bn in Russian-connected assets held by the Bahamas’ international financial services industry represents “less than 1 percent” of the sector’s total business.