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Central Bank to ban 'anonymous' crypto assets
The Central Bank is proposing to ban its licensees from dealing with “anonymous” crypto currency assets, with 84 percent of local institutions saying they have no desire to enter this space.The regulator, unveiling a “discussion paper” on proposals f
Giants rout high flyers in NPBA season opener
THE New Providence Basketball Association tipped off its 2019-20 season Saturday night at the AF Adderley Gymnasium with a championship rematch in Division II.
Property tax pace 20% up amid ‘over aggressive’ fear
Real property tax collections are pacing 20 percent ahead of the previous record year, the Government’s top finance official disclosed yesterday, as he predicted it will be “very close” to its full-year deficit target.
Young athletes break 15 records
IN a year that featured their 25th BAISS Track and Field Championship, the St Augustine’s College Big Red Machine closed the season with a commanding performance at a record setting 2013 Scotiabank National High School Track and Field Championships.
37% deficit rise creates new Govt ‘straitjacket’
A 37 per cent year-over-year fiscal deficit increase yesterday prompted the Opposition’s finance spokesman to warn that the next government will find itself “in a tight straitjacket with little room for manoevere”.
VAT reassurance 'final impetus' for $100m expansion
PALM Cay’s chief executive yesterday said recent value-added tax (VAT) “assurances” by the Government had served as the “final impetus” to kick-start its latest $100m expansion.Rob Batchelor, Palm Cay’s chief executive, told Tribune Business that the
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”.
Long Island bananas: 80-90% destruction
While Long Island farmers likely lost 80-90 per cent of their banana crop due to Hurricane Sandy, Tribune Business was told yesterday, but many homes and businesses were likely to be “back to normal in a few days”.
Bahamian wrestlers don’t last long at Commonwealth Games
BIRMINGHAM, England — The encore appearance for Rashji Mackey and the debut of Thorn Demeritte didn’t last that long in their men’s wrestling matches at the 2022 Commonwealth Games. But the duo are confident that they will be back more prepared for the 2024 games in Paris, France.
USC holds off Xavier to cap Bahamas tourney
Southern California coach Andy Enfield wanted a time-out. No one noticed. And that was a most fortunate break for the Trojans.
Random thoughts
I read with interest the Ava Turnquest report "Number First Before Casinos" although it may appear very noble for Ed Fields and Robert Sands to have the opening up of the "Number Business" decided before determining if Bahamians can join the regular folks gambling in "our" country’s casinos, perhaps they should state the real reason that those hotel operators don't want the rank and file Bahamian in the casinos that may possibly upset the visiting gamblers.
Public access stairs to Cabbage Beach restored
THE public access path to Cabbage Beach is now open after months of being closed due to a collapsed stairway. Atlantis senior vice-president of public affairs Ed Fields confirmed this information to The Tribune yesterday. In January, it was reporte
Tribune trio win press club awards
The Bahamas’ leading journalists gathered at the Hilton Hotel on Saturday night to celebrate this year’s winners and nominees in the Bahamas Press Club’s fifth annual media awards.Special honour on the night was made to Ed Bethel who received The Eti
Brajaxba Tennis Club Jr Spring Jamboree results
THE Brajaxba Tennis Club hosted its Junior Spring Jamboree at the Gym Tennis Club in Winton Meadows over the weekend. • The following results were posted: UTR Co-Ed singles round-robin - Patrick Mactaggart, the winner with a 4-0 win-loss record; Al
Dominican Republic gets 87-80 win over Bahamas
After getting blown out in the first half, the Bahamas men's national team regained their composure in the second half and cut the deficit to two before eventually losing down the stretch to the Dominican Republic 87-80 on day three of the CentroBasket Tournament in Panama.
CI Gibson Rattlers emerge as winners of Providence Basketball Tournament
The CI Gibson Rattlers, still riding a perfect season on the local scene although they are coming off two losses overseas, emerged as champions of their own Providence Basketball Tournament.
BPL to raise $100m in fiscal 2017-2018
Bahamas Power & Light (BPL) plans to raise $100 million in new debt financing during the 2017-2018 fiscal year, it was revealed yesterday, and is working on a new tariff structure and customer debt forgiveness.
Gov't eyes $138m spending slash
The Government is moving to cut recurrent spending projections by 5.6 per cent for the current fiscal year to compensate for a $120 million drop in revenues, with a Wall Street analyst yesterday saying execution would be “key” if it was to hit is deficit/debt reduction targets.
Fighting through
COACH Mike Brey looked positively at the way his Notre Dame Fighting Irish responded to the challenges they faced in pulling off their three exhibition games against local-based teams in the Bahamas Basketball Federation’s 2018 Summer of Thunder over
Bahamas facing $500m climate impact by 2025
Climate change impacts could cost the Bahamian economy almost $500 million annually by 2025, the Inter-American Development Bank (IDB) has warned, with “badly designed” infrastructure and coastal erosion increasing the threat.