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Gas price crisis wiping out retailers’ profits

Bahamian gas stations say “no business operates” on the unsustainable seven percent gross margins they are enduring amid warnings the sector may have to cut jobs and operating hours to survive.

AG unveils ambition for ‘near shore Delaware’

Insolvency practitioners yesterday said the Attorney General’s ambition for The Bahamas to become “the near shore Delaware of corporate structuring” was both “achievable” and “appropriate” if the correct reforms are made.

All truss-ed out on Budget’s tax cuts

A Bahamian contractor yesterday warned that the Government’s decision to eliminate 20 percent duty on imported roof trusses will “put us out of business” in a segment that has kept his overall operation afloat.

Bahamas must get youth for ‘leg up’ on Caribbean

The Bahamas was yesterday urged to start a youth movement so it can grow - for “generations to come” - a flats fishing industry likely to have expanded far beyond its $141m economic impact in 2010.

Freedom Farm dominates Andre Rodgers Nationals

THE Bahamas Baseball Association returned to play in its marquee event for local youth baseball, the Andre Rodgers National Championships.

‘Fantastic’ food tariff cuts won’t fully offset inflation

The Budget’s tariff cuts “can’t compensate” fully for the 20 percent increase in food prices since late 2021, Super Value’s principal said yesterday, although they may cover “half of what was lost” by the return of breadbasket VAT.

Capital backs Bahamas: ‘Get past’ 7.2m record

The Bahamas was yesterday urged to quickly “get past” pre-COVID’s record 7.2m visitor arrivals after this nation ranked among the top Caribbean destinations which tourism investment capital is most bullish on.

INSIGHT: Out of order, Madam Speaker

THE Speaker of the House took centre stage last week – and not in a good way.

Isaacs Jr and Seymour offensive leaders

ANFERNEE Seymour and Todd Isaacs Jr have had productive starts to their seasons in independent baseball leagues and have emerged among early offensive leaders for their respective clubs.

Bahamas ‘stands out like sore thumb’ over COVID entry testing

Tourism executives are warning The Bahamas “stands out like a sore thumb” over its continued COVID entry testing measures after the US eliminated such restrictions with effect from midnight yesterday.

Bahamasair: Extra $200k weekly fuel bill ‘won’t suffocate’ demand

Bahamasair’s top executive yesterday voiced optimism that a fuel bill which has skyrocketed by up to $200,000 per week “won’t suffocate” travel demand despite the airline readying “another small” fare increase.

Demeritte named men’s track and field coach of the year

An historic season for the Life University Track and Field programme yielded another accolade for head coach Dominic Demeritte.

FOCOL ‘gunning’ to beat $40m savings for BPL

FOCOL Holdings is “gunning” to beat the $40m savings pledged to Bahamas Power & Light (BPL) customers through the New Providence rental generation it will supply to prevent summer blackouts, its chairman asserted yesterday.

EDITORIAL: Groundhog Day again at BPL

REPORTING on Bahamas Power & Light (BPL) sometimes feels like being trapped in the movie Groundhog Day.

PETER YOUNG: A nation united for a Queen revered

THE Platinum Jubilee in Britain was nothing less than a glorious success and a triumph for The Queen, for the monarchy as an institution and for the whole country.

Union boss warns tough summer ahead

CONSUMERS should prepare for a “tough summer”, according to Bahamas Electrical Workers Union president Kyle Wilson, telling The Tribune yesterday “we are already having issues” in the first weeks of the hottest months of the year.

School stay away as thousands drop out

EDUCATION Minister Glenys Hanna Martin says thousands of students have still not returned to campuses since schools were reopened during the COVID-19 pandemic.

Junior Baseball Nationals to christen Baillou Hills complex this weekend

THE Bahamas Baseball Association is expected to christen the refurbished Balliou Hills Sporting Complex this weekend with the return of the Junior National Baseball Championships.

Electricity cost rise ‘pretty dangerous’ for economy

Bahamian businesses yesterday warned any increase in electricity costs will be “pretty dangerous” for an economy still recovering from COVID-19’s devastation, although some said spiking global oil prices make such a hike “inevitable”.

Family Island companies struggle with price rises

Family Island businesses yesterday said they are struggling to contain prices as they grapple with soaring inflationary pressures impacting the entire world.

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