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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.

Food price control negotiations silent

Negotiations with the Government over expanding price controls on the Bahamian food distribution industry have gone silent for more than two weeks much to the sector’s relief.

S&P’s ‘shot in the arm’ exposes growth fears

Standard & Poor’s (S&P) has given The Bahamas “a shot in the arm” while further exposing that “additional taxation” will almost certainly be needed to hit the Government’s fiscal targets, a governance reformer warned yesterday.

Changing of the guard at hospital foundation

THE Princess Margaret Hospital Foundation, founded in 2003 to provide funding to the hospital, recently toasted a warm thank you to outgoing chairman Richard C Demeritte.

No. 3 Kansas beats NC State in coach Bill Self’s return

PARADISE ISLAND, Bahamas (AP) — Bill Self couldn’t wait to get started yesterday at the Battle 4 Atlantis. Neither could hot-shooting Kansas rookie Gradey Dick.

Sports notes

THE Bahamas Scholastic Athletic Association completed its best-of-three volleyball championships on Tuesday at the Tom “The Bird” Grant in Yellow Elder.

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.

Ellis, USC beat BYU

PARADISE ISLAND, Bahamas (AP) — Boogie Ellis scored 21 of his 27 points after the break to help Southern California beat BYU 82-76 in yesterday’s first round of the Battle 4 Atlantis.

DEIDRE BASTIAN: Beware the pitfalls of worker termination

Have you ever been terminated? Have you ever had to terminate anyone?

S&P slashes Bahamas ‘23 growth to just 1.1%

Standard & Poor’s (S&P) yesterday slashed its 2023 economic growth forecast for The Bahamas to just 1.1 percent despite giving the country a break on repeated annual creditworthiness downgrades.

Bahamas faces high risk economic ‘roller coaster’

The Bahamas will be on an economic “roller coaster for a significant period of time” as the US Federal Reserve and other central banks take swift action to combat inflation, a local banker warned yesterday.

PM tours GoldWynn site

PRIME Minister Philip “Brave” Davis and other government officials toured the construction site of the multi-million-dollar GoldWynn hotel and residences project on Cable Beach last week to view the development’s progress.

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.

FTX SPENT $300M ON PROPERTY BUYS: Court documents reveal valuation of real estate spree

A Bahamian realtor yesterday estimated that the collapsed FTX crypto currency exchange spent $250m and “probably more” on acquiring New Providence real estate, adding: “It was great while it lasted.”

Man faces court over firearm

A MAN was imprisoned yesterday after allegedly being found with a firearm and live ammunition.

Three in court over stabbing

THREE Exuma men were granted bail in Magistrate’s Court yesterday after allegedly stabbing a man at the Fish Fry in George Town.

Best-of-3 championship series to begin today

GOVERNMENT SECONDARY SCHOOLS SPORTS ASSOCIATION SOFTBALL & BASEBALL

The Government Secondary Schools Sports Association will begin its best-of-three softball and baseball championship series today at the Baillou Hills Sporting Complex, although there’s still some unfinished business to be completed before it all unfolds.

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GOVERNMENT SECONDARY SCHOOLS SPORTS ASSOCIATION SOFTBALL & BASEBALL

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