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Shake off 'self-imposed investment xenophobia'
By NATARIO McKENZIE
Brewery shrugs off $10m storm costs
Commonwealth Brewery shrugged off more than $10 million in Hurricane Matthew-related damage and business interruption costs to post a 45 per cent year-over-year profits increase for 2016.The vertically-integrated, BISX-listed brewer foreshadowed an i
Atlantis near sell-out for holiday weekend
ATLANTIS’S occupancy for the Thanksgiving weekend is ‘over 90 percent’, according to a senior executive at the resort with the annual ‘Battle for Atlantis’ tournament a ‘significant contributor’ to its boost in business for the period.
NPBA: YES, Commonwealth Bank Giants are undefeated
YOUR Essential Store (YES) and Commonwealth Bank Giants are both still undefeated in the New Providence Basketball Association.Coming off the Christmas break, the Giants highlighted NPBA action Saturday night as YES pounded the Triple K Stampers 105-
Attorney urges Further reform of 'all or nothing' insolvency laws
The Government was yesterday urged to further reform the Bahamas’ “all or nothing” insolvency laws, a leading commercial attorney yesterday describing them as “archaic” and needing to become more “humane”.
Jones, Sun force game five to decide WNBA champions
The WNBA Finals will come down to the greatest thing in sports - a single elimination game to decide the title.
Bank chief slams ‘selfish’ education loan deadbeats
The Clearing Banks Association’s (CBA) president yesterday slammed the “selfish mentality” of delinquent student borrowers who have exposed Bahamian taxpayers to a $100m liability.
FNM chair: VAT health claims change ‘insane’
The FNM’s chairman yesterday branded the proposal to change the VAT treatment of health insurance claims as “absurd, insane and inane”, warning that it will “destroy” the medical sector if implemented as originally planned.
Oil explorer: Deal is 50/50 profit sharing
The Bahamas Petroleum Company (BPC) yesterday said its original agreement with the Government effectively gave this nation a 50/50 profit split if it discovered commercial quantities of oil, adding that its investors were putting “hundreds of millions of dollars” at risk.
Bad loans and credit decline threaten growth
Difficulties in one bank’s commercial loan portfolio seemingly sparked a $38.7 million deterioration in the sector’s ‘bad credit’ position during April, another month in which the Bahamian economy was “relatively subdued”.
WORLD VIEW: US security bill does not reflect interests of Caribbean nations
THERE has been a troubling development in relations between the US and the 14 independent nations of the Caribbean Community (CARICOM).
$20m maritime academy set for January '14 start
THE first phase of a $20 million maritime institute, which will be established at Silver Cay, is expected to be open no later than January 2014, said the head of the company spearheading the initiative.
Port IPO over $10m target
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Arawak Port Development (APD) initial public offering (IPO) has raised 'north' of the $10 million subscription target, Tribune Business was told yesterday, with interest reachin
Texas senior Lashann Higgs in leadership role for Longhorns
LASHANN Higgs heads into her senior season in a leadership role for the Texas Longhorns as the programme will be featured in five nationally televised games on the ESPN network.
‘Fortunate one-offs’ in $4m Fidelity boost
Fidelity Bank (Bahamas) chief executive yesterday conceded that its record-breaking 2015 profits may have been “fortunate”, after they received a $3-$4 million boost from ‘one-off’ events.
Bobby Brown helps make GB's first Jingle Ball a success
GRAND BAHAMA party-goers were treated to a post-Christmas gift last Saturday as ‘80s R&B superstar Bobby Brown headlined the first ever Jingle Ball concert.
Bahamians receive postseason honours
A GROUP of Bahamian players played a prominent role on the Tallulah Falls varsity boys’ baseball programme and were recognised with postseason awards for their outstanding 2022 season.
Ayton helps Wildcats secure 88-82 win over Crimson Tide
THE Arizona Wildcats were locked into another close game down the stretch when they turned to their freshman phenom to deliver in the clutch. DeAndre Ayton made a pair of jumpers on consecutive possessions to help the Wildcats pull away for an 88-82 win over the Alabama Crimson Tide at the McKale Center in Tuscon, Arizona, on Saturday.
Ninety days to switch VAT pricing
Retailers have been given a 90-day transition period to deal with the repricing “nightmare” caused by the VAT rate cut, one saying yesterday: “We hope this is the last change for a very long time.”
MICHELLE MILLER MOTIVATIONALS: Your perception is your reality
Many people say that perception is 99 per cent of reality. If you think this is true then what you call reality only amounts to a measly one per cent. For this reason, people live according to their perceptions not their so-called reality. Better said, for all intent and purposes there’s really no reality, only your perception of reality.
