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Financial sector boost via perpetuity 'honour'
The Bahamian financial services industry may obtain a competitive advantage from a recent precedent established by the Supreme Court, which proves the judiciary will “honour” the law enabling old trusts to continue ‘in perpetuity’.
91 new COVID-19 cases, death toll rises to 106 on Friday
The Ministry of Health reported that there were 91 new cases of COVID-19 and three confirmed deaths on Friday.
Ex-minister: Ditch RBC over zero deposit rates
A former Cabinet minister yesterday urged Bahamians to pull their money from Royal Bank of Canada (RBC) after it cut interest rates on savings accounts and term deposits to zero.
Bay St: 'Get on board or get out of the way'
An ex-Deputy Prime Minister yesterday said Perry Christie was effectively telling Bay Street stakeholders “to get on board or get out of the way” over Chinese plans to redevelop downtown Nassau, questioning whether the Government was trying to “socially re-engineer” the city.
Hield forced to take on larger role for Kings
AS the NBA regular season winds down, Chavano “Buddy” Hield is forced to take on a larger role for the shorthanded Sacramento Kings.
Valerie Nesbitt and rebels in the win column
THE Ole Miss Rebels returned to the floor after an eight-day layoff and delivered their most dominant offensive outing of the season as they concluded non-conference play. The Rebels scored a 99-63 win over Alabama State behind some timely shooting
'Plastics ban will increase our business costs'
LOCAL distributors have expressed fears that the upcoming 2020 ban on single-use plastics and Styrofoam will result in a decline of customers purchasing disposable food packaging items.
Chelsea gets 6-1 Premier League win over Queens Park Rangers
LONDON (AP) -- Fernando Torres got his first hat trick in more than two years on Sunday to lead Chelsea to a 6-1 English Premier League win over Queens Park Rangers. Tottenham returned to fourth place with a 2-0 win over Blackburn, moving ahead of Newcastl
Minnis: BPL chief says we’re right over Wartsila
Dr Hubert Minnis says Bahamas Power & Light’s (BPL) chief executive has vindicated his administration’s $90m Wartsila investment as he queried whether the utility is increasingly reliant on rental generation once again.
Six week closure to ease 'tremendous Wyndham Pressure'
Baha Mar yesterday said its six-week temporary closure of the Wyndham Nassau Resort and Crystal Palace Casino at the tourism cycle’s “lowest point”, a move impacting around 1,000 employees, will alleviate the “tremendous pressure” caused by underperforming business levels and nearby construction.
'Find fortitude' to shut Bahamasair
A member of the government’s Air Transport Advisory Board says “somebody need to finds the fortitude to shut down” Bahamasair after three of its jets were blocked from flying to the US. Carey Leonard told Tribune Business that the failure to install
PM: 20% hotel vacancy cut to hit jobless goal
The prime minister yesterday argued his six percent unemployment rate goal can be achieved by increasing average occupancy rates at existing Bahamian hotels by 20 percentage points. Dr Hubert Minnis, telling the House of Assembly that his ambitious
ArawakX ‘good undeniable’ yet KC confident on full winding-up
ArawakX’s president says “nobody can deny the good” it achieved as Securities Commission attorneys hailed the appointment of provisional liquidators as vital to “protecting the capital markets”.
Bakery reveals record Easter hot-cross sales
A Bahamian bakery yesterday revealed it enjoyed its best Easter to-date by selling just under 600 dozen homemade hot cross buns.
Jonquel Jones ties career high 31 points
WASHINGTON (AP) — Jonquel Jones scored 21 of her career-high tying 31 points in the first half and Connecticut beat the Washington Mystics 85-75 last night for the Sun’s ninth straight victory.
Governor in bank fee 'transparency' pledge
The Central Bank's governor yesterday pledged to deliver "greater transparency" on commercial bank fees as the country's first credit bureau prepares to start issuing reports by the 2021 second quarter.
Hurricane Hole developer targets 300 full-time posts
Hurricane Hole’s developer says the Paradise Island-based project is projected to create over 300 permanent jobs when its $250m investment is fully completed.
‘Buddy’ Hield scores 26 pts in 121-115 loss to Timberwolves
MINNEAPOLIS (AP) — D’Angelo Russell had 15 of his 28 points in the fourth quarter. Anthony Edwards scored 26 points and the Minnesota Timberwolves held on to beat the Indiana Pacers 121-115 last night.
‘Extra special’ father-son combo
Very seldom do you hear about a father-son combination excelling in sports, whether it’s at the local or professional level. The sport of football is one of those rare ones and to have a duo accomplish that feat from the Bahamas is extra special.
Bahamas must get youth for ‘leg up’ on Caribbean
The Bahamas was yesterday urged to start a youth movement so it can grow - for “generations to come” - a flats fishing industry likely to have expanded far beyond its $141m economic impact in 2010.
