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Xmas ‘financial cushion’ vital for Bahamian retail

The “make or break” Christmas shopping season will this year be vital for Bahamian merchants to “build a financial cushion” against forecast economic headwinds in 2023, a well-known retailer warned yesterday.

Tanks ordered to solve Eleuthera’s water woe

A Cabinet minister yesterday said the Government has ordered two one-million gallon water storage tanks for central Eleuthera to ease ongoing supply shortages and disruption.

Bahamas beats pre-COVID tourism volumes by 25.8%

The Bahamas has finally beaten pre-COVID tourism volumes as higher-spending stopover visitor arrivals for September exceeded 2019 numbers by almost 26 percent, it was revealed yesterday.

Christmas is back

The Bahamas has been on a rough economic, mental and societal roller coaster over the past several years. First we had assorted storms and hurricanes, Dorian being the most destructive in many years.

CBS sees 41% Black Friday sales increase

CBS Bahamas yesterday said Black Friday sales increased by 41 percent compared to pre-pandemic 2019 as Bahamians moved to beat supply chain backlogs through acquiring Christmas gifts early.

This year’s Black Friday successful for local businesses

LOCAL businesses said Black Friday was successful this year as customers dashed to the stores to catch the sales. The Tribune canvassed several businesses on Black Friday, which was on November 25.

Marina chief suffers ‘worst Thanksgiving in 30 years’

A former Association of Bahamas Marinas (ABM) president says he has suffered “the worst Thanksgiving in 30 years” while linking the drop-off in boating traffic directly to VAT’s imposition on foreign yacht charters.

Salvation Army in Sand Dollar boost

The Salvation Army yesterday announced that it will be accepting Christmas donations via the Sand Dollar, the Bahamian digital currency, with help from Omni Financial Group.

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No. 3 Kansas survives overtime scare from Wisconsin 69-68

PARADISE ISLAND, Bahamas (AP) — Kansas’ Bobby Pettiford Jr. stood all the way out near midcourt, almost on the Battle 4 Atlantis logo, when he saw his teammate launch a shot for the lead with only a few seconds left in overtime.

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Man admits breaking into church

A MAN was sentenced to a year in prison yesterday after admitting to breaking into a church and stealing thousands of dollars worth of equipment six years ago.

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BISX-listed fund targets asset-doubling to $100m

A BISX-listed fund is reviving ambitions to “more than double” total assets to over $100m by “looking more aggressively” for property acquisitions following its recent preference share refinancing.

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Courtesy visit to Resilience Centre

ANN Marie Davis recently paid a courtesy call at the Bahamas Resilience Centre in Freeport and was impressed with the programmes offered to address and promote mental health wellness.

Businesses expecting no decrease in sales for Black Friday this year

LOCAL businesses do not anticipate a decrease in sales this Black Friday, despite the rise in inflation and other recent financial challenges faced by consumers.

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Ole Miss Rebels lose by two points in Pink Flamingo Championship

IN what turned out to be a dramatic finish to a great Baha Mar Hoops Pink Flamingo Championships last night at Baha Mar, the number 17-ranked Utah Utes held off the University of Mississippi Rebels 69-67 on a three-point play with just six seconds left on the clock.

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S&P: ‘No material effect’ for Bahamas from FTX

Standard & Poor’s (S&P) yesterday gave The Bahamas “breathing room” by maintaining its existing sovereign credit rating while predicting that FTX’s implosion will have “no material adverse impact” for the country.

Food costs driving prices up for Thanksgiving meals

SOME local restaurant owners say inflation and the high cost of food in grocery stores have led them to increase prices of their Thanksgiving meals.

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Groups in countdown to Junkanoo

WITH practices for the upcoming Boxing Day and New Year’s Day Junkanoo parades underway, two group representatives are already claiming victory of the parades.

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‘Be careful’ urge police after new road deaths

POLICE are warning people to be careful on the streets after two more traffic deaths occurred on Sunday — one in Eleuthera and another in New Providence that left a man and a woman dead.

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Cable chief optimistic $2.8m profit is trend

Cable Bahamas’ top executive is voicing optimism that $2.8m first quarter profits represent the start of a trend with its fibre network set to cover all New Providence “on a home pass basis” by year-end 2023.

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Vendors voice disappointment after Grand Lucyan sale falls through

STRUGGLING straw vendors at Port Lucaya Marketplace are disappointed over the Grand Lucayan hotel sale fallout.