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Dirty money - The biggest policy failure of all
THE Central Bank’s former chief enforcer says the US and UK are the biggest recipients of “dirty money” and suggests racial bias against countries like The Bahamas in anti-money laundering (AML) programmes.
Trade expert challenges FDI policies
The Bahamas’ near-exclusive focus on large-scale, multi-million dollar foreign direct investment (FDI) projects has come under fire from a trade expert.
FACE TO FACE: Bob marched to his own drum and enriched my life
The value of life and the value of this weekly column was put into deep perspective for me as I prepared this edition – a dedication to media pioneer Bob Thompson.
Pacers cool Heat 94-75 in Game 3
INDIANAPOLIS (AP) -- Roy Hibbert had 19 points and 18 rebounds, George Hill scored 20 and Danny Granger 17 as the Indiana Pacers, showing more balance, toughness and togetherness than Miami, throttled the Heat 94-75 on Thursday night in Game 3 of the Easte
Veterans who took to the air in wartime
GEORGE Collymore, 84, and Lloyd Toppin, 87, wanted three things from their service in the Second World War: To find adventure, to gain knowledge and to return home safely.
Hotels brace for 150% VAT tax burden rise
Bahamian hotels will see their tax obligations increase 125-150 per cent under Value-Added Tax (VAT), which the industry ‘can live with’ provided the Government makes changes in seven key areas to maintain its global competitiveness.
$8m Royal Towers upgrades near end
Atlantis is close to completing the $8 million renovations in the Royal Towers, which employed more than 100 Bahamians via the hiring of local contractors.
Broker ‘acted in good faith’ on $400m fraud
A BISX-listed company’s principal, and its main broker/dealer subsidiary, are demanding that a US federal lawsuit against them be dismissed because they “acted in good faith and did not receive ill-gotten profits” from an alleged $400 million financial fraud.
‘Shaq’ posts career high 23 in Longhorns’ victory
BAHAMIAN Shaquille ‘Shaq’ Cleare had his best game so far for the University of Texas Longhorns, scoring a career-high 23 points in their close 84-83 triumph over the Oklahoma Sooners at the Frank Erwin Center in Austin, Texas, on Monday.
100 farmers hit through tobacco grow 'scrapping'
Up to 100 farmers could be impacted by a Bahamian cigarette manufacturer’s decision to “scrap” its Andros tobacco growing plan, its chairman telling Tribune Business that conventional agriculture will also take a hit.
Boutique hotel on 'radar' for $200m development
A $200 million real estate development yesterday confirmed that a boutique hotel, while “on our radar”, was likely three to four years from being added to its product mix.
SPORTS NOTES
Due to circumstances beyond their control, Champion Amateur Boxing Club has announced that they will postpone their amateur boxing show that was scheduled for Saturday at the Wulff Road Boxing Centre.
Seven-fold jump in Benchmark’s debt to clients no alarm
A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.
Swift swimmers compete at Auburn
SIX Swift swimmers represented the Bahamas at the Auburn Masters Swimming Invitational. They won 13 races and had six second place finishes. The meet took place at the Auburn University swim complex that is to host the women's NCAA Championships next mont
Team Bahamas ends up fourth overall
FIBA UNDER-15 CENTROBASKET CHAMPIONSHIPS
HAD it not been for two teams pulling out before the start of play, head coach Quentin ‘Three Ounce’ Hall feels the Bahamas’ boys national team would have performed much better at the FIBA Under-15 Centrobasket Championships in Gurabo, Puerto Rico.
BBF does not have proper training venue
ALREADY faced with the task of securing the funding to travel to the FIBA AmeriCup 2020 Qualifier in San Juan, Puerto Rico, the Bahamas Basketball Federation now finds itself without the proper venue to train in.
Bowleg: ‘I still want to commend the players who were available. They went out there and played their hearts out’
BAHAMAS Basketball Federation President Mario Bowleg admitted that the men’s national team could have played better than they did against the United States of America and Puerto Rico in the bubble in Indianapolis, Indiana.
Regulators nip the Shockers 83-82, Athletico Bahamas gets 96-73 win over Elite Basketball
ATHLETICO Bahamas and Mr Ship It Regulators pulled off victories in the New Providence Basketball Association at the AF Adderley Gymnasium on Wednesday night.
Witness accused of wrong calculations in Gibson trial case
A SENIOR manager of the Water and Sewerage Corporation (WSC) denied a defence attorney’s suggestion yesterday that she made the wrong calculations when estimating the cost of painting WSC tanks.
New recruits inducted into RBDF
MORE than a hundred new recruits were inducted into the Royal Bahamas Defence Force during a passing out parade at HMBS Coral Harbour on Friday.
