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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.
‘NPBA action is fantastic’
University of the Bahamas Mingoes open new year with big victories
WITH the return of the New Providence Basketball Association action at the AF Adderley Gymnasium, the University of the Bahamas Mingoes and the Rockets opened the new year with big victories.
COVID non-factor: Winter tourism season up 10-15%
Forward bookings for The Bahamas’ peak winter tourism season are 10-15 percent ahead of 2022 numbers, a leading hotelier disclosed yesterday, with the industry “satisfied” there will be no return to past COVID restrictions.
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”.
Giants and Eagles win the NPBA’s double header
THE Commonwealth Bank Giants and the RC Liquors Eagles won the New Providence Basketball Association’s double header played on Monday night at the AF Adderley Gymnasium.
Crimes against the person increased by 23 percent last year
POLICE Commissioner Clayton Fernander revealed on Friday that crimes against the person increased by 23 percent last year when compared to the same period in 2021, including murders, armed robberies and sex crimes that also trended upwards.
FRONT PORCH – Majority Rule: A shared celebration
THE LATE Roman Catholic Vicar General Monsignor Preston Moss grew up a stone’s throw away from the top of the hill East Street, not far from Mortimer Candy Kitchen.
DPM targets 8m visitors for 2023
The Deputy Prime Minister yesterday forecast that 2023 tourist arrivals will hit the eight million mark with downtown Nassau’s British Colonial Hilton set to fully re-open by year-end.
Sports Notes
THE Government Secondary Schools Sports Association will kick of its basketball season today with the junior boys and girls playing at the AF Adderley Gymnasium and the senior boys and girls at the Kendal Isaacs Gymnasium.
Scotia: 95% gone online amid ‘lousy’ service claim
SCOTIABANK (Bahamas) will this year test mobile banking technology capable of serving all Family Islands, its top executive said yesterday, with 95 percent of customer transactions now conducted online or at ABMs.
West Bay Street development’s rental rates 20% above target
A residential West Bay Street development was yesterday said to be more than 95 percent sold with rental rates some 20 percent higher than projected.
Briland resort enjoys 33% revenue surge
A Harbour Island hotelier yesterday said the Christmas holidays were “bananas as usual” with December 2022’s revenues 33 percent ahead of pre-COVID comparisons for that month.
FACE TO FACE: Leading light in American football for The Bahamas
AMERICAN football has yet to become as big as it could be in The Bahamas. Even though thousands of Bahamians energetically follow the NFL and anticipate the Superbowl, football is not a major sport in this country.
Hotels eyeing ‘unprecedented forward bookings’ during 2023
The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday disclosed the industry is eyeing “unprecedented levels of forward bookings” for the 2023 first half and full year after December beat historical trends by 10 percent.
NPBA: Tucker Boys beat Giants 57-56, Eagles top Rebels 76-60
THE New Providence Basketball Association continued its regular season action at the AF Adderley Gymnasium over the weekend with a pair of games played on Friday and Saturday night.
Rockets knock off Giants 87-73, Express roll past Eagles 75-53
THE Discount Distributors Liquors Rockets and the Produce Express both had a big night on Saturday at the AF Adderley Gymnasium as the New Providence Basketball Association continued its regular season.
$170m project must stop Exuma’s south ‘dying out’
EXUMA’S private sector says the $175m Torch Cay project is urgently needed to prevent the island’s southern end from “dying out”.
Art bringing awareness to young lives lost on the street
VIOLENCE in society was the inspiration behind artist Dwight Ferguson’s latest installation - a public artwork in Elizabeth Estates Park, which was unveiled on Saturday.
Goodman’s Bay property opens to $1.5m bookings
A NEWLY-opened Goodman’s Bay resort has more than $1.5m worth of confirmed bookings during its initial months, its developer revealed yesterday.
Mystic Marlins bite up Cobras
Coach Kevon Spence said he felt his Doris Johnson Mystic Marlins were in a 10-round heavyweight main event fight against the CC Sweeting Cobras.
