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PM opens Baha Mar Hoops Pink Flamingo Championship

THE Baha Mar Hoops Pink Flamingo Championship opened yesterday with four national Division I women’s programmes in action on day one.

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Cruise giant in $3,000 annual PI seabed deal

Royal Caribbean Cruise Lines secured a second lease from the Minnis administration allowing it to rent three acres of seabed off Paradise Island for just $3,000 per annum, it can be revealed.

Phones ‘ringing off hook’ for Thanksgiving rooms

Phones are “ringing off the hook” for one Family Island hotel which is already fully booked for the upcoming Thanksgiving holiday weekend, its proprietor said yesterday.

Realtor questions VAT break for ‘rich’ buyers

A realtor yesterday questioned why the Government is effectively giving a break to “rich” overseas real estate buyers while raising VAT on the poor by taxing ‘breadbasket’ food items again.

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BPL fuel hedge among ‘first issues’ for Board

Bahamas Power & Light’s (BPL) fuel hedging strategy will be continued beyond its June 2022 end, a Cabinet minister promised yesterday, although there may be some adjustments.

‘Not a dollar back’ in tax arrears deal

An Abaco district council is hoping “the third time” is a charm in persuading the Government to honour an agreement where it has “not got a dollar back” from unpaid taxes it has recovered.

Gas stations seek margin rise: ‘Our backs are against the wall’

Gas station operators have their “backs against the wall” after returning to 24/7 operations due to the continuing wait for an increase to their price-controlled margins.

Just 72% of vendors back to Straw Market

Just 72 percent of straw vendors are returning to the re-opened Bay Street facility, it was revealed yesterday, representing a 140-person decline from pre-COVID levels.

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Cable hails $75m spend for record Internet year

Cable Bahamas says a $75m network investment over the past three years enabled its Internet business to enjoy its “best ever” year during COVID-19’s peak with subscribers hitting 56,000.

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A chance to give thanks

A PRE-THANKSGIVING day event was held by Nassau Village MP Jamahl Strachan for members of the Bahamas Alliance for the Blind and Visually Impaired (BABVI).

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Wage move ‘soon’

A REASONABLE “workable” wage for Bahamian workers is “coming very soon”, according to Immigration and Labour Minister Keith Bell.

EDITORIAL: Can 150-year Royal Caribbean deal be changed?

IT IS interesting to see the Davis administration leap into action over the Royal Caribbean lease of Crown Land on Paradise Island.

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Aliv: ‘Honeymoon period’ now over

Aliv’s top executive yesterday warned that “the honeymoon period” is over despite service revenues enjoying four successive month-over-month increases to hit $5m for October.

Virgin ‘pacing ahead’ of Bahamas route forecast

Virgin Atlantic’s just-launched Bahamas route is already “pacing ahead” of forecast business volumes for its first six months, the country’s top tourism official said yesterday.

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‘Get off sidelines’ on $200m raises

Investors were yesterday urged to “put capital to work” for The Bahamas to escape a post-COVID slump as more than $200m worth of projects prepare to come to market in 2022.

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10th Battle 4 Atlantis tips off at Imperial Arena

HEAD coaches of several of the top NCAA Division I men’s basketball programmes in America had a similar message for their players headed into the 2021 Battle 4 Atlantis - enjoy the amenities of the Atlantis resort and what the Bahamas has to offer, but treat the star-studded tournament like a “business trip.

Aliv chief: Mobile market too small for third entrant

Aliv’s top executive yesterday said the Bahamian mobile market is too small to “warrant” licensing a third operator to compete with itself and the Bahamas Telecommunications Company (BTC).

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Unvaccinated still dominate numbers

NINETY-TWO percent of the people who died or were admitted to the Princess Margaret Hospital for COVID-19 in October were unvaccinated, according to the Public Hospitals Authority.

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Port: No tariff increase as income jumps 48%

Nassau’s major commercial shipping port has no plans to increase tariffs “in the near term”, its top executive has affirmed, after operating income increased by $1m in its 2022 first quarter.

Resorts now await Thanksgiving feast

Two Bahamian resorts have provided further evidence of the industry’s post-COVID rebound by disclosing they are “100 percent” occupied, and “beating 2019 numbers”, for Thanksgiving.