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$315m lost in Baha Mar tax
IT is estimated that the government has lost $315m in tax revenue from the beleaguered Baha Mar resort due its opening delays and the court appointed receivership process, according to an economic impact report of the $3.5 billion property obtained by The Tribune.
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2,000 jobs go at Baha Mar
MORE than 2,000 Baha Mar employees have been made redundant effective today, according to a statement from the resort’s joint provisional liquidators.
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National Insurance benefits
EDITOR, The Tribune.
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Speaker prays Sir Arlie’s family end bitter feud
HOUSE Speaker Halson Moultrie yesterday said he prayed for peace for the family of Sir Arlington Butler, a former teacher of his, whose loving spirit he hoped would reunite relatives.
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We’re ready to take a hit on sale price
THE government has given itself a little over a month to close bids for the sale of the Grand Lucayan, according to Hotel Corporation chairman Michael Scott.
Obit
Carmetta Gaitor
Carmetta Gaitor, 91 yrs., a resident of Mastic Drive, Blue Hill Heights & formerly of 1st Street the Grove, died at PMH on 13th July, 2013. She is survived by 6 sons: Reginald, Orthnell, Leslie, Raymond Tony & Jerry Gaitor; …
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Baha Mar appoints ‘restructuring’ chief
Baha Mar yesterday pushed forward with its Chapter 11 plans by seeking US court permission to appoint a ‘chief restructuring officer; while Bahamian attorneys spent a second day attempting to thrash out the powers its joint provisional liquidators will possess.
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BAAA to host Atlantis National Junior Track & Field Championships June 8-9
A LANDMARK year for the Bahamas at the junior track and field level looks to continue this weekend as the BAAA partne
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Court must back dismissal of top Baha Mar staff
Baha Mar’s senior management cannot be dismissed by the $3.5 billion project’s joint provisional liquidators without the Supreme Court’s permission, although regular employees can be released “in the ordinary course of business”.
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Richardson and Giants set for ‘instant playoff classic’
No matter whether you’re a fan of the Los Angeles Dodgers or San Francisco Giants, first base coach Antoan Richardson said he’s hoping the Bahamian public will throw their support behind his Giants in one half of the National League Divisional Series.
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Judge steps aside from MP's civil trial
A SUPREME Court judge has recused himself from hearing Fox Hill MP Shonel Ferguson’s civil trial after revelations that Official Opposition Leader Philip “Brave” Davis is due to swear an affidavit in the matter, The Tribune can confirm.
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Richardson: ‘It’s sad for the fans’
While he’s only suiting up as a first base coach nowadays, Antoan Richardson, the sixth of seven Bahamian professional baseball players to play in Major League Baseball, said he can’t wait for the return of the game, if only for the sake of the fans.
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Gambling referendum to cost $5m
ABSOLUTE scandal! Obviously, National Security Minister Dr Bernard Nottage did not realise the Pandora’s box he opened this weekend with the announcement that the January 28 gambling referendum has cost the Bahamian tax payer about $5 million, especially as Prime Minister Christie — who is also Finance Minister — had some weeks earlier estimated a cost in the region of $1 million plus.
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‘We must reform campaign finance’
FORMER State Minister for Legal Affairs Damian Gomez said allegations about the relationship between Canadian fashion mogul Peter Nygard and the Progressive Liberal Party are “not a good thing for the country,” adding that he hopes it spurs legislative reforms like the passing of campaign finance laws.
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Rollins ‘would consider’ running if FNM offered him nomination
AFTER saying he would not offer himself for re-election on the Free National Movement’s ticket, Dr Andre Rollins suggested yesterday that he would consider and potentially accept a constituency nomination if offered one by the FNM’s recently re-elected Leader Dr Hubert Minnis.
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Safeguards against 'sinister' liquidations
CHANGES to Bahamian insolvency law will prevent directors/shareholders from putting companies into voluntary liquidation for "sinister reasons", a leading accountant yesterday arguing that the amendments bring this nation "into line with model international law".
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Chamber endorses CEO over 10-year securities barring
The Chamber of Commerce last night fully endorsed its chief executive’s performance and integrity after details of his ten-year securities industry ban and total $210,000 fines emerged.Michael Maura, the Chamber’s chairman, in a signed statement desc
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US warnings ‘threaten core of our existence’
The Bahamas “must do everything in our power” to combat US crime advisories, the Chamber of Commerce’s chief executive warning yesterday: “It threatens the very core of our existence”.
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National Sculling Championships to highlight Long Island regatta
BAHAMIAN Brewery and Sands Beer will take its ‘Man in the Boat’ National Sculling Championships to the 40th annual Long Island Regatta in Salt Pond next weekend and will be the sponsors of the E Class sailing competition.
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Winter tourism fears on union 'work-to-rule'
Unionised employees were yesterday placed on “work to rule” at most of Nassau’s major resorts in a move likely to raise fears for this week’s key Thanksgiving holiday weekend.Darrin Woods, pictured, the Bahamas Hotel, Catering and Allied Workers Unio