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Cruise port’s $138m refinance eyes millions in cost savings
Nassau Cruise Port yesterday disclosed it is aiming to slash annual debt servicing costs by several million dollars through refinancing the $138m bond debt that kickstarted its transformation at COVID’s peak.
Businesses are warned: Stop ‘lying’ on turnover
The Government’s tax collection chief yesterday voiced scepticism that fewer than 20 percent of businesses meet the VAT registration threshold, and demanded the private sector “be truthful”.
Fiscal Council’s reports ‘not a flip of the switch’
A Fiscal Responsibility Council member yesterday said there was nothing sinister about the body’s delayed publication of two key reports, and asserted: “This is not a flip of the switch.”
Learning loss assessment starts next month
THE Ministry of Education announced the start of the learning loss assessment tests for next month in partnership with a private international learning analytics company.
Towing fare increase could heighten risks
Automotive repair shops yesterday voiced concern that the 67 percent, or two-thirds increase, in standard towing fees could prompt Bahamians to take more risky measures to move broken down vehicles.
‘Be careful how world eyes Freeport change’
THE GRAND Bahama Chamber of Commerce’s president yesterday warned that the Government must pay attention to how its actions are perceived by potential investors as it strives for major in Freeport’s governance.
‘All back to normal’ assures airport authority
THE chairman of the Airport Authority yesterday allayed fears of further flight delays in New Providence following delays at the airport last week and international reports of grounded flights in the United States due to computer outages.
Businesses dreading the summer as BPL bills bite
SOME local businesses are dreading the approach of summer due to increased electricity costs.
‘ALARM’ AT CHILD ABUSE STATISTICS: Advocacy group questions lack of public outrage
THERE were 240 new reported cases of child abuse, neglect and abandonment documented between January and October of last year, according to data released by the Ministry of Social Services.
Patients are warned: Brace for VAT ‘shock’
Bahamian patients were yesterday warned to brace for “a shock even at the smallest levels” as the change in VAT’s treatment of medical insurance claims payouts will further fuel already-soaring medical costs.
Towing prices up – but businesses say it stops job cuts
TOWING businesses said although the recent price rise in towing services may deter some customers, it ultimately benefits business by preventing downsizing of staff.
‘Hoops for Homes’ champions emerge
BLYTHE Rolle and Kyle Rolle, of no direct relation, emerged as the upper and lower champions of the Hoops for Homes initiative that was hosted by Xavier’s Lower School Student of the Year Adrian Dean.
Platinum Knights march to GB victory
PLATINUM Knights captured its fifth consecutive win in the New Year’s Day Junkanoo Parade in Grand Bahama, dominating with a lead of more than 130 points ahead of rival Superstar Rockers.
‘Settle down’ before tax crackdown tie-in
The Government should allow the corporate real estate market to “settle down” before seeking to tie Business Licence renewals to property tax compliance by commercial landlords, a prominent realtor argued yesterday.
C I Gibson Rattlers win senior boys’ title
It went right down to the wire as the CI Gibson Rattlers prevailed with the senior boys’ title over the Jordan Prince Williams Falcons in a nail-biting championship game that brought the curtain down on the Providence Storm Basketball Club’s 2022 Holiday Classic at the CI Gibson Gymnasium.
Hayward backs bid to ‘reimagine’ GBPA
A Hayward family member yesterday pledged “an ambitious masterplan for change” to create “thousand of jobs” in Freeport as he backed efforts “to reimagine and revolutionise” the Grand Bahama Port Authority (GBPA).
Rev C B Moss remains in medically induced coma
REVEREND C B Moss remains in a medically induced coma after collapsing during the Majority Rule Day church service at St Agnes Anglican Church on Tuesday.
Katerina Coello wins top overall individual score of Mini Jumping Challenge
THE Caribbean Equestrian Association (CEA) announced the results of its 2022 Mini Jumping Challenge, with Bahamian rider Katerina Coello winning the top overall individual score.
Cavaliers: ‘We are like that’
Mt Carmel senior boys basketball team earn 47-45 win over Akhepran in double overtime
COACH Wilton Johnson and his Mt Carmel Preparatory Academy Cavaliers senior boys’ basketball team had something to prove last night at the Hope Centre.
Bahamas Scholastic Athletic Association basketball results
THE following games were played at The Hope Center on University Commons on Tuesday.