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Cable adviser scoldsmanagers on US$ miss
Cable Bahamas’s financial adviser yesterday expressed “disappointment” that institutional asset managers had failed to deliver on indications they would place between $10-$18 million US dollars into the company’s private placement, having invested a paltry $100,000 to-date.
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Rockets are NPBA Division 1 champions
THE Discount Distributors Rockets celebrated with a three-game sweep of the New Providence Basketball Association men’s division one championship series, dethroning the Commonwealth Bank Giants.
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Internet gives 30% boost for Bahamian tourism forecasts
The Bahamian tourism industry’s ability to accurately predict visitor arrivals trends increases by 30 percent if it incorporates Internet search data into its forecasts, an IMF paper has revealed. The report Where should we go? Internet searches and
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Troubled broker in Judicial review against regulator
A BISX-listed firm’s broker/dealer subsidiary has filed a Judicial Review action against the Securities Commission of the Bahamas, over the regulator’s demand that it cease taking on new business and submit to a “solvency review”.
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Buddy struggles to find 'Buckets'
BUDDY Hield has struggled to find his shooting stroke thus far in the NBA preseason.Through four games, Hield is averaging 9.5 points on 39 percent shooting from the field and 23 per cent from the three-point line. In addition he has grabbed 3.8 rebo
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84-year-old woman dies in car crash in Grand Bahama
An 84-year-old Grand Bahama woman died in hospital on Sunday after a two-car collision on Saturday.
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NPBA opens the new season
THE New Providence Basketball Association’s defending champions Breezes High Flyers and the Mr Ship It Freight Regulators opened the new season in the opposite direction.
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Sammy Hunter commits to the Ole Miss Rebels
SAMMY Hunter became the latest Bahamian basketball product to join the Ole Miss Rebels programme for the Fall 2019 campaign.
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Business offerings are brought Aliv
The Bahamas’ second mobile operator, Aliv, yesterday launched its business to business (B2B) offering, a senior executive describing it as a “core piece of the puzzle” in the company’s development.
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Baker's Bay alone a $1bn Dorian loss
Dorian-related insurance losses are “heavily skewed” towards Abaco with one resort development potentially accounting for $800m to $1bn worth of claims by itself. Charles Johnson, a Bahamas Insurance Association (BIA) council member, told the annual
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15 per cent reduction in duty collection costs eyed by 2017
A 15 per cent reduction in the Government’s import duty collection costs is being targeted over the next five years, along with increasing the proportion of taxes/duties paid electronically from zero to 80 per cent.
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Swiss Excellence in Education leaders to meet with parents, students, officials in the Bahamas
BAHAMIAN teachers, residents and students will have an opportunity to meet face to face with some of the world’s most respected educators when a contingent representing the finest schools and colleges in Switzerland arrives in Nassau tomorrow.
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RESULTS: Bunny Levarity National Basketball Tournament
HERE is a look at the games played in the Bahamas Basketball Federation’s Bunny Levarity National Basketball Tournament at the AF Adderley Gymnasium over the weekend:
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Tony Bennett and Lady Gaga, Cheek to Cheek
WHAT happens when you pair a musical legend like Tony Bennett with the flamboyant talent of Lady Gaga? A concert that is pure magic.
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UB Mingoes men’s basketball team opens the season with losses
UNIVERSITY PARK, Illinois – The University of The Bahamas Mingoes men’s basketball team lost both games at the Governors State University Jaguars Tip-Off Classic over the weekend.
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200 jobs with new Grand Bahama medical school
A HEADS of Agreement was signed yesterday by the government for a new medical school in Freeport to be built in phases at an overall investment of $64.2 million over a 10-year period.
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GOVT LIKELY TO SELL 40% PORT EQUITY STAKE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PRIME Minister Hubert Ingraham yesterday said he expects the Government to eventually sell its 40 per cent stake in Arawak Cay Port Development Company (APD), allowing the Nassau Co
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Digital banking can’t be ‘rammed down throats’
A senior banker yesterday said the industry must adopt the “Mary Poppins with medicine” approach in encouraging more Bahamians and businesses to switch to digital transactions.
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Romad Dean commits to Fordham
FREEPORT, Grand Bahama — Romad Dean returned home to officially end his recruitment and announce his collegiate decision.
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Bahamas has ‘best VAT in the world’
A leading food retailer said the Government eliminated the Value-Added Tax (VAT) “nightmare” by drastically reducing the proposed exemptions, adding: “We have the best VAT in the world.”