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Cybots beat the Giants 78-76 in game 1 thriller
IN meetings during the regular season, coach Wayde Watson and his Mail Boat Cybots couldn’t find a way to beat the Commonwealth Bank Giants. On Monday night, they finally got the monkey off their back as they sneaked the opener of the New Providence Basketball Association’s best-of-seven championship series.
BEC breaches $100m bond issue conditions
The Bahamas Electricity Corporation (BEC) breached the financial terms of its existing plan $100 million bond issue, forcing it to seek a four-year waiver from investors.
FOURTH QUARTER PRESS: The greatest guard of all time? Only one answer - Allen Iverson
Ask any guard at any level of the game today which player inspired their tenacity and effort.
Hield held below 10 points, Sooners lose
HOUSTON, Texas — Kris Jenkins was caught in midair as he tried to draw a foul and just as he was about to lose the the ball or be called for a travel, he hurled a desperation three that fell through the bottom of the net to put the Wildcats up by 40.
Giants take 2-0 lead, Regulators win opener
WHILE the Commonwealth Bank Giants continue their impressive winning streak by pushing the defending champions PJ Stingers on the brink of elimination, the Mr Ship It Freight Regulators are looking to make it to their first championship appearance in the New Providence Basketball Association (NPBA) postseason.
Spartans top Pacers to win Varsity Boys Spring Classic
THE Noble Academy Spartans avenged their only defeat during the round robin play to hand the RM Bailey Pacers their only loss when it counted the most in the championship game of the inaugural Varsity Boys Spring Classic that concluded at Kendal Isaacs Gymnasium on Friday night.
Regulators propose BTC connect change
Regulators are proposing that the Bahamas Telecommunications Company (BTC) change its standard interconnection offer to rival carriers to facilitate upcoming mobile market competition.
PETER YOUNG: To stay or not to stay? That is the question
The British will vote on the nation’s place in Europe in the first referendum for 40 years this summer. Peter Young looks at what is at stake and why the case for leaving is gathering strength.
Chamber readies Business Licence fee reform plans
The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) yesterday said it was preparing recommendations for “across the board” changes to the Business Licence fee regime, which will “benefit” both the Government and private sector.
BOB admits to anti-laundering weakness
Bank of the Bahamas last year admitted to “deficiencies” in its anti-money laundering regime, and submitted an ‘action plan’ to address them to industry regulators.
Business Licence fee ‘taxing firms into loss’
The private sector has hailed the International Monetary Fund’s (IMF) call to simplify a “non-progressive” Business Licence fee system that taxes companies into losses.
Financial services ‘burial’ fears over e-mail leaking
A financial services practitioner has warned that the industry suffered an “Easter burial” due to the disclosure of private e-mails in Parliament, branding the move “a Category 5 hurricane”.
Sporting Mischief and Mayhem: The Cavs won’t even make it out of the 2nd round in the Eastern Conference playoffs
THE more I watch the Cleveland Cavaliers make their stretch run toward the NBA playoffs, I’ve noticed three things that assure me the Cavs won’t even make it out of the second round in the Eastern Conference playoffs.
CARIFTA GAMES: Bahamas finishes third, will be hosts in 2018
ST. George's, Grenada: The BTC Bahamas team will be returning from the 45th Carifta Games with a third place finish and the bid to host the 47th version in 2018.
Financial industry in confidentiality ‘tsunami wave’
Government ministers were yesterday accused of unleashing “a tsunami wave” that threatens to swamp the Bahamian financial services industry by publicly releasing confidential information belonging to the Save the Bays.
BEC: 2013 loss increased to massive $58m
The extent of the task awaiting the Bahamas Electricity Corporation’s (BEC) new manager has been exposed by its 2014 annual financial statements, which reveal that the utility’s net loss for the prior year has been increased to a mammoth $58.035 million.
$10m BDR cap rise for broker/dealers
The Central Bank is preparing to increase the sum granted to local broker/dealers for investments outside the Bahamas by $10 million per annum as part of further exchange control liberalisation.
A new brand of masculinity?
We have stepped into a period in our history where almost everything we do is known shortly after doing it.
Freeport ‘FLIPs’ over mega hardware store
Freeport business owners fear they will be “wiped out” by a new mega hardware store that is allegedly owned by the Grand Bahama Port Authority’s (GBPA) new foreign partners.
Insurer ‘re-lends’ $15m to offshore bank affiliate
BISX-listed Colina Holdings has taken a $15 million credit facility from FirstCaribbean International Bank (Bahamas) and re-lent it - on the same terms and conditions - to its offshore bank affiliate.
