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Insurers: Dorian losses increase to $1.5bn-$2bn
Estimates for Hurricane Dorian’s total insured losses were yesterday said to have increased to between $1.5bn to $2bn as the entire Bahamian industry was removed from international “review”. Anton Saunders, RoyalStar Assurance’s managing director, t
90% of farmers 'disenfranchised' on land holdings
Almost 90 per cent of Bahamian farmers are effectively ‘disenfranchised’ because they do not own the land they use, a senior agricultural expert yesterday calling for a strategic plan to develop the industry rather than “the regular ad-hoc approach”.
Oil opponents ‘won’t be priced out’ over $200k costs award
Oil exploration opponents yesterday pledged they will “not be priced out of justice” after the Supreme Court ordered them to find $200,000 to cover Bahamas Petroleum Company’s (BPC) “security for costs”.
Bahamas falls to the USVI 84-74
The Bahamas men’s national basketball team, even with the services of NBA guard Chavano ‘Buddy’ Hield and college graduate Lourawls ‘Tum Tum’ Nairn, couldn’t find a way to pull off a “must-win” game against the US Virgin Islands.Needing to win by eig
17 new COVID related deaths reported
MINISTRY of Health officials have reported 17 new COVID-19 related deaths including several cases that were previously under investigation and are now reclassified.
Man, 73, dies in boat accident off Sandyport
A 73-year-old man has died after a collision between two boats two miles off Sandyport, New Providence.
Four arrested after marijuana found
FOUR men were arrested after police discovered six boxes of marijuana worth $90,500 in New Providence.
Cable Bahamas closing on 10k voice subscribers
CABLE Bahamas is approaching 10,000 subscribers for its ReVoice fixed-line voice service, its vice-president of sales and marketing said yesterday, telling Tribune Business it had achieved good market penetration.
Jones shoots perfect from 3 in win over Liberty
JONQUEL Jones delivered another dominant performance and her hot shooting led the Connecticut Sun to a blowout win in their WNBA preseason finale.
FTX Bahamas wind-up ‘halted’ if no Ray deal
FTX’s Bahamas wind- up “would be halted” without a deal with their US adversary, its liquidators have revealed, as they seek an extension to the legally-mandated 90-day deadline to hold a first creditor meeting.
Gov’t launches new bond in $150m issue
The Government will launch its new short-term debt security on July 22 via a $150 million offering to institutional investors, Tribune Business can reveal.
Police to beef up manpower as holiday season begins
WITH the murder rate now up to 90 for the year, National Security Minister Marvin Dames yesterday said the police force will be beefing up manpower in the capital as the holiday season approaches.“We have many police officers out there on the streets
Baha Mar on target for opening date
BAHA Mar is still expected to meet its targeted December 2014 opening, the resort’s Chief Marketing Officer, Denise Godreau, said yesterday.
Hutchinson Jr OCAA Player of the Year
IN what has been his most productive season in the three years he has starred for the Niagara College Knights’ basketball team, Van ‘Bubba’ Hutchinson Jr was rewarded with the Ontario Colleges Athletic Association (OCAA) Player of the Year award.
External shocks cause for a ‘special situation’
The Bahamas is “in a special situation” due to its high vulnerability to natural disasters and economic shocks, a trade specialist said yesterday, with imported goods ten times’ higher than exports.
Remember your first KISS FM
TRIBUNE Media Group today launched its new, hot Urban Adult Contemporary radio station KISSfm (96.1).
Post Office relocation to complete next week
The General Post Office will open at its new Town Centre Mall location next week, Tribune Business was told yesterday, as staff complete the move from East Hill Street.
‘No complaints’ on 72% profits decline
Bahamas First’s chief executive was yesterday “not complaining at all” despite a 72 per cent fall in total comprehensive income for 2016, driven by a one-third increase in net claims stemming from Hurricane Matthew.
Financial group chair to gain trailblazer award
A BAHAMIAN financial institution’s chairman is set to receive the Trailblazer Award at today’s Society of Trust and Estate Practitioners (STEP) Bahamas conference.
50,000 travel visas show scale of tourism drop
ABOUT 50,000 people bought travel health visas to enter The Bahamas in December, suggesting arrivals declined by more than 90 percent compared with December 2019 despite relaxed entry requirements.
