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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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Sarkis’s letter shows breakthrough on Baha Mar ‘not imminent’
Sarkis Izmirlian’s letter to his former 2,026 Baha Mar staff shows there is no “imminent” breakthrough likely in the impasse over the $3.5 billion project, a senior private sector executive believes.
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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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$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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Accountant opposed by own creditors committee
An accountant is facing opposition from his own liquidation committee as he bids to obtain over $1m in compensation for efforts to wind-up a collapsed Bahamian broker/dealer.
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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.
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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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'Real life consequences': Fidelity's $560k Moody's hit
The Government's declining creditworthiness has sparked "real life consequences" for a BISX-listed bank by forcing it to take a "much bigger than expected" $560,000 hit in its 2022 full-year results.
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Minister: $200m spend rise not what it seems
A Cabinet Minister yesterday said the $200 million rise in the Government’s recurrent spending was not what it seemed, and largely represented the transfer of expenditure between accounts.
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Policy reforms need for $200m IDB guarantee
The Bahamas must implement several policy reforms to develop its “blue economy” in return for obtaining a $200m guarantee that will underwrite the government’s planned $700m foreign currency bond.
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Gov't unveils $250m BEC bond
The Government yesterday unveiled a planned $250 million bond to refinance the troubled Bahamas Electricity Corporation (BEC), saying it was “the first step to rehabilitate” its financial position.
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ART OF GRAPHIX - Designing your ad for maximum effect
As a proud Bahamian I cannot begin without congratulating the Local Organising Committee, Minster Danny Johnson and his Ministry, the athletes and everyone else who contributed to making the IAAF World Relays a success. Well done, and it was a testament to teamwork and collaboration.
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Patron taxes a 'major concern' for web shops
THE twin five percent Stamp Tax levies on web shop patrons are a “significant concern” for operators, the Gaming House Operators Association’s chief executive said yesterday.Gershan Major told Tribune Business that while it was difficult to determine
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Dive 'institution' closed over $9m court award
A 55 year-old Bahamian diving "institution" has been forced to permanently close its doors with the loss of 15 full-time jobs after a $9m judgment was enforced against it over a customer's drowning. Matthew Whiteland, owner of Bahama Divers, which w
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Condolences to family of Harold Munnings
ENGINEER and civil servant Harold Munnings passed away at his residence in Dannottage Estates on August 15. He was 90.
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Corporal punishment
“Corporal punishment is not abuse”, says Bishop. The Tribune featured a story, “Corporal punishment is not abuse” says Bishop. Where is the Tribune trying to lead us? The newspaper presents some strong statistics, such as 90% of Bahamians identify as being Christians. From a social point of view, it seems we are truly failing as a nation.
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PM suggests expanded benefits for those fully vaccinated
PRIME Minister Dr Hubert Minnis suggested on Friday that fully vaccinated people could soon begin experiencing a variety of expanded benefits, including permission to go out at night after the 10pm curfew.
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Barbados International: Team Bahamas brings home the gold, silver
IN preparation for CARIFTA 2017 several members of Team Bahamas attended the 16th Barbados Invitational Tournament.
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125 police officers expected to retire, with 270 to be recruited
THIRTY-FIVE senior police officers and 90 contracted officers are expected to retire from the Royal Bahamas Police Force this year.
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Honouring 'Chippie'
As our Bahamian Isles navigate through the ravishes of Hurricane Dorian; I was saddened to hear about the passing of “John Chippie Chipman”. He was blessed to live to see 90 years of age. He was a cultural icon, legendary icon, outstanding entertainer, Junkanoo Hall of Famer, Member of The British Empire and many accomplishments, too many to mention.
