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Gov’t securities issue 63% oversubscribed

Institutional investors are likely to be left disappointed after the last Bahamas Government Stock (BGS) issue for the 2014-2015 fiscal year was more than 63 per cent oversubscribed.

Bimini developer in 90% occupancy goal

BIMINI Bay's principal expects to see occupancy levels at the multi-million dollar resort and marina reach 85-90 per cent through the addition of its $24 million luxury boutique casino and the imminent Balearia ferry service, telling Tribune Business: "We have survived."

Old Fort's Town Centre 85% leased

The Old Fort Bay Town Centre has now leased 85 per cent of its retail space, with its developer having negotiated an agreement with The Meridian School to build a sister institution on land just to the south.

Giants and Millionaires in NPBA win column

THE TMT Giants and the Mekaddish Millionaires pulled off the New Providence Basketball Association’s double header at the Kendal Isaacs Gymnasium on Wednesday night.

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Brewery's concern on VAT 'price disruption'

Commonwealth Brewery has pledged to avoid “severe price disruption” to its Bahamian manufacturing and import operations from Value-Added TAX (VAT), its managing director warning that the reform needed “careful management”.

Magic hit 17 3-pointers in 102-89 win over Heat

By KYLE HIGHTOWER Associated Press ORLANDO, Florida (AP) -- Dwight Howard had 25 points and 24 rebounds, Ryan Anderson scored 27 and the Orlando Magic hit 17 3-pointers in a 102-89 victory over the Miami Heat on Wednesday night. Anderson had five 3s -- all

Magic hit 17 3-pointers in 102-89 win over Heat

By KYLE HIGHTOWER Associated Press ORLANDO, Florida (AP) -- Dwight Howard had 25 points and 24 rebounds, Ryan Anderson scored 27 and the Orlando Magic hit 17 3-pointers in a 102-89 victory over the Miami Heat on Wednesday night. Anderson had five 3s -- all

Gibson leads Huskies to two victories

Qyemah Gibson has emerged as an offensive leader for the St. Mary’s Huskies this preseason and has set the tone for lofty expectations in the 2021 campaign.

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Fire destroys home of 91-year-old

A 91-year-old grandmother is now homeless after a fire completely destroyed her house late Tuesday.

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Amateur golfers Gibson, Johnson miss the cut

It wasn’t the type of performance that Richard Gibson Jr anticipated in his return to the Latin America Amateur Championships.

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Bahamas 0-3 after 96-63 loss to Dominican Republic

The Dominican Republic caught fire from beyond the arch in the second half and, in particular, during a third-quarter run where they took control for good en route to a win in the latest World Cup qualifier.

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FRONT PORCH: The virtue of a life-long pursuit of personal growth and wisdom

In 1941, in his early 70s, after an extraordinary career and a dozen years before his death at 84, the brilliant French artist Henri Matisse underwent surgery following a diagnosis of abdominal cancer. He was left bed- and chair-ridden. Sculpturing and painting were now too physically challenging.

Sports Notes

THE New Providence Women’s Basketball Association kicked off its 2015 season at the DW Davis Gymnasium on Saturday. In the opening game at 7pm, the Bommer G Operators face the Career Builders Lady Cheetahs. Following a “soft opening,” last year’s runners-up Super Value Cybots Queens take on defending champions Johnson’s Lady Truckers in the feature contest.

Extra $16.7m may have saved 600 Baha Mar staff

Up to 600 Baha Mar jobs could have been saved had the project’s joint provisional liquidators secured $16 million in additional funding, Tribune Business can reveal.

Blue Raiders have the edge in Christmas Eve rumble

TO continue our series in the build up toward the 2015 Popeyes Bahamas Bowl, Aldo Amato, who covers Middle Tennessee Blue Raiders football for The Daily News Journal, offered his insight on the edge the team will have in the Christmas Eve matchup.

Baha Mar liquidator Order still awaited

Baha Mar was still awaiting the court Order appointing the joint provisional liquidators and spelling out their powers after the business close at 5pm yesterday, Tribune Business can reveal.

Baha Mar: Chapter 11 end undermines ‘commercial viability’

A Baha Mar director yesterday warned that the termination of its Chapter 11 bankruptcy protection had undermined the $3.5 billion project’s “commercial viability”.

‘Options running out’ rapidly on Baha Mar

A senior Chamber executive yesterday warned that “the options are running out” for a speedy resolution to the $3.5 billion Baha Mar dispute, with the project facing “great jeopardy” if the warring factions are unable to agree terms.

Liquidators reassure 1,000 Melia workers

Baha Mar’s joint provisional liquidators yesterday pledged that salaries and benefits due to the Melia Nassau Beach Hotel’s 1,000 staff would not be disrupted, even though the resort’s owner is one of the Baha Mar companies now under Supreme Court supervision.

Dozer Pros seal nail-biting 16-15 victory over the Joshua Knights

THE Archdeacon William E Thompson Park came alive to pulsating Junkanoo music minutes after Dozer Heavy Equipment Company’s Pros sealed a nail-biting 16-15 victory over Miller Construction’s Joshua Knights, enabling the “Southside Boys” to retain their prized Master Softball Association’s post-season laurel in sweeping style.