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BPGA gears up for 50th National Pro Golf Championships
THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.
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Atlantis: 30% spend, rate jumps ‘as good as it gets’
Atlantis yesterday said its year-to-date performance is “as good as you can get” with rates and visitor spending per occupied room both exceeding pre-COVID levels by up to 30 percent.
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Foreign buyer VAT rise gains ‘90-day transition’
A Cabinet minister yesterday confirmed the Government is allowing a 90-day “transition period” so that foreign purchases of real estate valued at under $1m - and already subject to sales agreements - can close at existing VAT rates.
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Sports Notes
THE New Providence Basketball Association continued its regular season action with a pair of games played at various gyms on Friday and Saturday night.
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Munroe expects 90 per cent decrease in outpatient care when prison facility built
NATIONAL Security Minister Wayne Munroe said the Public Hospital Authority does not like prisoners receiving care at Princess Margaret Hospital –– one reason medical facilities will be built at the Department of Corrections.
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Bahamas youth flag football season begins on August 26
THE Bahamas Youth Flag Football League (BYFFL) season is scheduled to begin next week Saturday.
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Gov’t awaits revenue ‘uptick’ on cruise tax
The Ministry of Finance’s top official says the Government’s revenues are on target with an “uptick” anticipated in the 2023-2024 fiscal year’s second half due to the hike in cruise visitor departure taxes.
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Load shedding continues while BPL works to restore generation in North Andros
A WEEK after a catastrophic fire damaged Bahamas Power & Light’s facilities in North Andros, electricity has not been fully restored on the island.
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North Andros Power plant repairs cost $600k, as restoration continues
WORKS and Utilities Minister Alfred Sears said the cost of restoring power to North Andros after last week’s catastrophic fire at Bahamas Power & Light’s Nicholl’s Town plant is about $600k.
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Giants and Millionaires in NPBA win column
THE TMT Giants and the Mekaddish Millionaires pulled off the New Providence Basketball Association’s double header at the Kendal Isaacs Gymnasium on Wednesday night.
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Fair to be held for Canadian schools
REPRESENTATIVES from 13 top Canadian boarding schools will be holding a school fair on Thursday at the Sandyport Beach Resort from 5-9pm.
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REGATTA TIME AGAIN: Best-of-the-Best off to great start in Montagu Bay
The sixth Best of the Best Regatta lived up to the hype on day one of the sloop sailing event. Skippers and their crew members were in top form on the waters at Montagu Bay, competing in Class A, B, C and E.
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CARIFTA water polo gold, bronze
Bahamas under-14 co-ed team bringing home the medals
With some highly- spirited performances, the Bahamas under-14 co-ed water polo team captured a gold and bronze medal at the CARIFTA Championships over the weekend in Miami, Florida.
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Ella Saidi, winner of the Junior Sportsmanship Award, is presented with the Pyfrom Floating Trophy …
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Anouk Formige, of Mariposa Stables, receives the D’Aguilar Trophy for the Overall High Point Rider …
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FTX Bahamas wind-up ‘halted’ if no Ray deal
FTX’s Bahamas wind- up “would be halted” without a deal with their US adversary, its liquidators have revealed, as they seek an extension to the legally-mandated 90-day deadline to hold a first creditor meeting.
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$13.4bn flowed through FTX Bahamas accounts
Some $13.4bn flowed through FTX's Bahamas accounts in the ten months immediately prior to the crypto exchange's collapse, its liquidators revealed yesterday, as they sought to dispel allegations it was "a nullity".
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Financial group chair to gain trailblazer award
A BAHAMIAN financial institution’s chairman is set to receive the Trailblazer Award at today’s Society of Trust and Estate Practitioners (STEP) Bahamas conference.
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$500m cruise port’s ‘strict preference’ for Bahamians
The US contractor managing landside construction for Carnival’s $500m Grand Bahama cruise port has pledged to give “strict preference” to Bahamians on all work that is put out to bid.