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Bahamas First in 18.5% motor claim increase
Bahamas First has seen a 20 percentage point decline in comprehensive insurance policies’ share of its auto book since the recession began, with total Bahamian motor claims increasing by 18.5 per cent in 2012. ==
Construction fears over 150% Business Licence fee increase
Most Bahamian construction firms are staring at a 150 per cent increase in their Business Licence tax rate, a senior industry executive warning the Government it was “trying to kill the goose that laid the golden egg”.
It's a first as Giants stun Jaspers 88-82
THE Manhattan College Jaspers were hoping to return home to Riverdale, New York, with a perfect run through the Bahamas Basketball Federation’s 5th annual BTC Summer of Thunder Classic in the Bahamas.
GB mortgage lending in 90%-plus slump
Mortgage lending on Grand Bahama has declined by more than 90 per cent, in both volume and value, compared to the pre-recession ‘boom’ years, data obtained yesterday by Tribune Business shows.
Gov't gets 'F' for VAT implementation
The Government is losing the public relations battle over Value-Added Tax (VAT) through its “cloak and dagger” tactics, a leading businessman warning yesterday he had to believe the Nassau Institute study’s conclusions in the absence of other evidence.
SPORTING MISCHIEF & MAYHEM: My Miami vice - reflections from a road trip
MOST of you thought I was joking when I said I was going to Miami to ensure my Cowboys beat the Dolphins.
Baha Mar liquidators seek ‘emergency’ $25m
Baha Mar’s joint provisional liquidators yesterday sought Supreme Court approval to borrow $25 million, warning they would have to shut the Melia Nassau Beach Resort if unable to meet an $8.7 million insurance payment falling due on Monday.
Wind-up delay gives Baha Mar resolution time
The Attorney General yesterday suggested the three-week delay to Baha Mar’s winding-up hearing was intended to give all parties more time to reach a “hoped for” commercial resolution to the $3.5 billion dispute.
Two sets of Baha Mar guardians just ‘crazy’
The Opposition’s deputy leader believes it “makes no sense” for there to be two different sets of receivers/liquidators looking after Baha Mar, branding the situation as “crazy”.
Data Protection chief’s 20-fold complaints rise
THE Data Protection Commissioner has seen a near 20-fold increase in the number of complaints since she took the post two years ago, with her office now preparing to investigate the hacking of a Bahamian bank’s website.
Baha Mar beat local bidding target by 68%
Baha Mar says it has “far exceeded” its commitment to provide Bahamian contractors with $400 million worth of work, beating this target by 67.8 per cent while more than 6,000 local jobs to-date.
'Criminal' wait for Bay Street height decision
The 10-month wait for a government decision on whether to lift downtown Nassau’s height restrictions was yesterday branded “criminal”, a leading realtor saying it was depressing property values and inhibiting investment proposals critical to the area’s revival.
Contractor chief: PM’s Baha Mar pay pledges ‘don’t mean anything’
The Prime Minister’s repeated promises that Bahamian contractors will be paid for Baha Mar work “doesn’t mean anything to us”, the Bahamian Contractors Association’s (BCA) president said yesterday, adding: “It’s all up in the air.”
Lynden Pindling said ‘tell the truth’ - that includes Baha Mar
“GET up and get going or you will be gone!” was the swift kick in the pants that the late Prime Minister Sir Lynden Pindling gave his MPs on the last night of the PLP’s 35th national convention.
Dingman: ‘Rampant theft’ caused restaurant failure
Jamie Dingman has blamed the collapse of his Nassau restaurant empire on “rampant theft and mismanagement”, and plans to call a former FNM Cabinet minister as a defence witness in his battle against a $1.113 million damages claim.
Track athlete Lauren turns mentor, coach
SHE had a promising career as a track and field athlete, but after going off to school, Lauren Charlton-Szczygiel has changed her focus and is now giving back to Michigan State University as a mentor and coach.
NAUGHTY'S NFL PICKS WEEK 2: ‘Redskins make it a shootout but don’t have enough arrows to win’
OKAY I went 9-7 last week, but if not for a missed field goal in Arizona and a mental breakdown in Dallas I would be a solid 11-5, but almost only counts in horse racing and with hand grenades.
Sears shrugs off MP support for PM
PROGRESSIVE Liberal Party leader-hopeful Alfred Sears yesterday called the paltry level of endorsements from sitting members of Parliament for incumbent leader Prime Minister Perry Christie to stay on as party leader a “distraction”.
ALICIA WALLACE: No excuse for failing to disclose on time
HERE we are again. It is a familiar place. Government administrations change with some regularity, and many of the practices remain the same.
Vixens defeat the Lady Truckers
THE New Providence Volleyball Association opened its 2012/2013 season at the DW Davis Gym on Sunday.
