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Gov’t bond offering likely 20% off-target
The first Bahamas Government Stock (BGS) issue of the 2015-2016 fiscal year was likely to close 20 per cent below target, the administration’s financial advisers disclosed yesterday.
Madness incorporated
Why at this time of our economic development, except to assist and do what the clearing banks are supposed to do, do we want to implement a Credit Bureau? Note it was the political guro of the DNA, Johnny Rodgers who proposed this.
Judge: Oil opponents make 'arguable case'
A Supreme Court judge yesterday gave the go-ahead for a legal challenge aiming to halt oil drilling in Bahamian waters after finding activists had made out an "arguable case".
Flamboyant teacups and bowls
THE THIRD biennial All Ceramic Exhibition (ACE) gathered a full house at Doongalik Art Studios, last Thursday. Under the theme ‘My Flamboyant Teacups and Bowls,’ thirteen ceramic artists displayed their best works.
BPC faces $400k extra daily costs if drilling halted
Bahamas Petroleum Company's (BPC) chief executive is alleging it will incur extra costs of up to $400,000 per day if activists succeed in persuading the Supreme Court to halt its exploratory oil drilling.
Gov't urged: 'Follow paper trail' to stop fisheries poaching
FISHERMEN said yesterday there was “absolutely no doubt” that Dominicans were carrying out “well funded” poaching operations in Bahamian waters, the head of the Bahamian Commercial Fishers Alliance urging authorities to simply “follow the paper trail”.
No Bull come up short
WHILE the elimination process is currently underway at the AF Adderley Gymnasium, teams are also jockeying to make a run for a shot at the final four in their bid to get into Monday night’s championship game of the 32nd edition of the prestigious Hugh Campbell Basketball Classic.
Bahamas provider slams $20m crypto ‘fraud’ claim
A Bahamian financial institution and its affiliate yesterday slammed a $20m damages claim against them as “baseless”, denying they participated in a “conspiracy to sabotage” a virtual token issue.
Commercial banks to acquire 80 per cent of restoration bond
Some 80 per cent or $120 million of the Government’s Hurricane Restoration Bond will be raised from the commercial banks, the Government yesterday confirming the offering’s multi-tiered nature.
Sir Godfrey Kelly dies age 93
SIR Godfrey Kelly, KCMG, 93, died at his Eastern Road home at about 10.30am yesterday shortly after eating breakfast.
Tennis ace Philip Major makes strong start to year
His run at his latest stop on the pro circuit may have come to an end but 19-year-old Bahamian tennis ace Philip Major has made a strong start to the year.
Jones scores 31 as Sun use big run to beat Liberty 85-64
UNCASVILLE, Conn. (AP) — Jonquel Jones scored 31 points on 12-of-16 shooting and grabbed 13 rebounds to help the Connecticut Sun beat the New York Liberty 85-64 on Saturday night.
Man United rallies to tie Chelsea
LONDON (AP) -- Javier Hernandez completed Manchester United's comeback from a 3-0 deficit at Chelsea on Sunday with a late header that salvaged a 3-3 draw and leaves the defending champions two points off the Premier League lead. After storming to a 3-0 le
Red Alert: SAC teams feature in all four division championships
The Bahamas Association of Independent Secondary Schools completed their sudden death semi-finals yesterday at the Anatol Rodgers Gymnasium and the championship matchups are set for next week’s final. The best-of-three championship series in all div
‘Buddy’ and Kings rally from 17 down to beat Nuggets 100-97 in overtime
SACRAMENTO, California (AP) — Sacramento coach Luke Walton views Harrison Barnes as a calming influence for the Kings, something that showed in a comeback win over Denver on Saturday.
IMF urges 20% auto fee rise
The International Monetary Fund (IMF) has urged the Government to increase motor vehicle licence fees by at least 20 per cent, arguing that this would improve the “fairness and progressivity” of Bahamian taxation.
BAISS softball season all set to begin on Monday
Four weeks into the academic year, the athletic calendar gets underway for the Bahamas Association of Independent Secondary Schools with the 2013 softball season.
Pacers defeat Magic to even series 1-1
INDIANAPOLIS (AP) -- David West had 18 points and 11 rebounds to help the Indiana Pacers beat the Orlando Magic 93-78 on Monday night and even the Eastern Conference first-round series at one game apiece. Danny Granger and George Hill each added 18 points
‘Pay up for breaking AC’
A CONTRACTOR who damaged his ex-girlfriend’s AC unit was yesterday ordered to attend anger management classes and pay for the repairs.
Union of Central Bankers members walk off the job
MEMBERS of the Union of Central Bankers walked off the job yesterday citing unresolved grievances with management.
