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Insolvency reform 'very significant' to financial services

INSOLVENCY law reforms will bring "very significant" benefits to the Bahamas' financial services industry, but a leading accountant called on the sector to "more aggressively" promote these and other positive changes to global markets.

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Rebel seven accused of personal agenda

FORMER Free National Movement Senator Carl Bethel yesterday took aim at the strategy of the party’s seven rebel MPs, claiming that the absence of a coherent message from the group showed that their actions were guided by personal agenda.

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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.

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Marlins celebrate rising star ‘Jazz’ Chisholm Jr and Bahamian Heritage Night

THE Miami Marlins celebrated rising star Jazz Chisholm Jr and “Bahamian Heritage Night” at Loan Depot Park with a 4-2 win over the Atlanta Braves.

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Family Islands await vaccination rollout

ALTHOUGH no details have been provided yet on the vaccination rollout for the Family Islands, several island administrators yesterday expressed confidence in their island’s readiness to administer the Oxford-AstraZeneca once doses arrive.

THE FINISH LINE: Record breakers speak volumes for future of international track, field

THE record-breaking performances by quarter-milers Shaunae Miller-Uibo and Steven Gardiner should bode well for the future of track and field for the Bahamas on the international scene.

Grand Lucayan chairman blasts 'lack of co-operation'

The Grand Lucayan’s new chairman yesterday blasted Hutchison Whampoa’s “lack of co-operation” for threatening to delay the creation and release of a full sales prospectus for the resort.Michael Scott, who heads the Government-owned special purpose ve

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Sydney Clarke: UAB ‘is the perfect fit for me’

As soon as the COVID-19 pandemic has subsided, Sydney Clarke is hoping that she can pack her bags and head off to Birmingham, Alabama, in August to begin her freshman year at the University of Alabama Birmingham (UAB) on a tennis scholarship.

Water polo funding 'insufficient' despite regional success

LOCAL water polo continues to face issues with funding, despite the recent success the sport has had at the regional level. Over the weekend, the team was forced to cut travel plans short at the CCCAN Championships in Bridgetown, Barbados, where the

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Water polo team aims to repeat Carifta success

Team Bahamas looks to continue its trend of water polo success and repeat last year’s dominant performance at the Carifta Water Polo Championships.

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Disney urged not to kill Eleuthera 'golden goose'

One Eleuthera Foundation (OEF) CEO Shaun Ingraham characterised Disney’s proposal for Lighthouse Point as “killing the golden goose” as he defended the non-governmental organisation’s proposal for “responsible development”. Mr Ingraham insisted the “

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THANKS A LOT: Dionisio’s frustration as Atlantis staff spring snap holiday walkout

AFTER disgruntled hotel workers picketed outside of the Atlantis resort over unresolved issues with their industrial agreement, Tourism Minister Dionisio D’Aguilar expressed his disappointment in the Bahamas Hotel Catering & Allied Workers Union.

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Stevens takes NPSA top spot

FOR the first time, one person will have the chance to serve as the president of both the New Providence Softball Association and the Bahamas Government Departmental Softball Association st the same time.

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Third annual King Eric Gibson Regatta set for Montagu Bay this weekend

The legacy of one of the most iconic names in Bahamian sailing continues as the regatta named in his honour continues to grow in stature each year.

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DNA chief: Atlantis deal requires 20% annual profit rise

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE management agreement between Kerzner International and Atlantis' new owners requires the Paradise Island resort to increase profits by up to 20 per cent each year, Democratic N

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Chipman: Appointments show no clear agenda

SHADOW Minister of Foreign Affairs Hubert Chipman yesterday raised concerns about the government’s recently announced diplomatic appointments.

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'Compliance breaches' at broker two years before its collapse

Two different accounting firms had identified serious “compliance breaches” by an insolvent Bahamian broker/dealer up to two years before it collapsed, one finding a $5 million “shortfall” was caused from the unauthorised use of client funds.

Broker's liquidators seek $1.5m asset release delay

The liquidators for an insolvent Bahamian broker/dealer are rushing to obtain a Supreme Court Order to prevent the release of Cdn$1.516 million to six of its former clients.

Giants and Eagles win the NPBA’s double header

THE Commonwealth Bank Giants and the RC Liquors Eagles won the New Providence Basketball Association’s double header played on Monday night at the AF Adderley Gymnasium.