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Doctors gains $5m IDB COVID loan
Doctors Hospital has received a $5m loan from an Inter-American Development Bank (IDB) affiliate to support its working capital needs and meet the “evolving” demands imposed by COVID-19.
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Marinas chief: July 4 ‘as strong as 2019’
Bahamian marinas enjoyed a US Independence holiday weekend that “was as strong as 2019”, Tribune Business was told yesterday, with the industry’s mid-market returning following a year-long absence.
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Five tax exemptions added to govt portal
The government has announced the addition of five tax exemption and incentive applications to the menu of services available through its MyGateway.gov.bs online portal.
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QC: Visa concern ‘not about Kanoo’
A prominent QC has told a Bahamian digital payments provider that “it’s not about you” when it comes to concerns over the need for the COVID health travel visa and it acting as another tax on Bahamians.
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Merchants ready reporting for VAT hurricane holiday
Building materials suppliers and the Ministry of Finance met virtually on Friday to organise the sector’s VAT reporting during the three-week hurricane preparedness tax holiday that begins on July 9.
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The unlikely journey of gold
ActivTrades
EXCLUDING perhaps the collision of two neutron stars, supernovae are the most dramatic events in the universe’s vast menu of wonders; a cosmic fireworks show that occurs when stars reach the end of their lives by exploding. Such bursts last less than two minutes and can outshine entire galaxies, generating more energy than the sun will do during its entire lifetime.
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National champions of cycling are crowned
Lorin Sawyer finally won his first Bahamas Cycling Federation double crown, taking the 47th National Cycling Championships’ male time trials and road race titles to Spanish Wells, Eleuthera.
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Wright dies after long battle with cancer
JACKIE Wright, one of the country’s former minor league professional baseball players, passed away on Saturday after a long battle with cancer.
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Davis Cup: Bahamas lose 2-0 to Jamaica, does not advance
IT wasn’t the kind of finish he anticipated, but top seeded player Justin Roberts said he was quite pleased with his debut for the Bahamas on the men’s Davis Cup team.
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Robinson, McCowan help Fever beat Jones and Sun, snap 12-game skid
INDIANAPOLIS (AP) — Danielle Robinson tied her career high with 19 points, Teaira McCowan had 13 points, 12 rebounds and two blocks, and the Indiana Fever beat the Connecticut Sun 73-67 on Saturday to snap a franchise single-season record 12-game losing streak.
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Fried’s pinch-hit single lifts Braves past Marlins 8-7 in 10
ATLANTA (AP) — Max Fried never thought he would get the chance for a game-winning hit. After all, Fried is a pitcher.
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Two dead in Abaco plane crash
FAMILY and friends are mourning the deaths of two former Royal Bahamas Defence Force marines who perished in a fiery plane crash in Abaco Monday.
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Campbell: Sex slur appalled me
SOCIAL Services Minister Frankie Campbell vehemently denied rumours circulating in a viral voice note, stating the defamatory claims of him impregnating the daughter of an alleged sweetheart. He said the claim was not only untrue, but embarrassing to him in his professional capacity.
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Davis hits out at Minnis for election games
PROGRESSIVE Liberal Party leader Philip “Brave” Davis said Prime Minister Dr Hubert Minnis has sought to confuse people about the timing of the next general election more than any other Prime Minister in the country’s history.
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‘Frustration at a peak’ on $90m project delay
An Elbow Cay developer yesterday revealed “frustration has reached a peak” over obstacles impeding a $90m project that could help “supercharge” Abaco’s post-Dorian economic revival.
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Cays ‘feel neglected’ over Dorian recovery
Residents on Abaco’s multiple cays “feel neglected” by Hurricane Dorian relief efforts, an Elbow Cay developer charged yesterday, amid perceptions that wealthier residents will “pay for everything”.
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Baha Mar owner: We’re being pitted against AG
Baha Mar’s current owner is voicing increasing concern that it will be sucked into a legal battle with the Attorney General’s Office after failing to obtain an injunction to block Sarkis Izmirlian’s document demands.
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‘Can’t rest on laurels’ over 47% FDI rise
The Bahamas “cannot rest on its laurels” despite leading all small island developing states (SIDS) in the amount of foreign direct investment attracted in 2020, a governance reformer warned yesterday.
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LNG supplier funded hotel power move
A Bimini resort developer has revealed that its entrance into private power generation was largely financed by its liquefied natural gas (LNG) fuel supplier, New Fortress Energy.