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Baha Mar sale process begins

Baha Mar’s receivers have launched a formal sales process for the stalled $3.5 billion project by hiring a Canadian-headquartered real estate firm to market it to potential purchasers.

Insurer hit by 50% contractor fall-off

A Bahamian insurer yesterday unveiled a 145.4 per cent net income increase for 2012, shrugging off a 50 per cent decline in construction industry premiums.

No VAT prosecutions, as quarterly filers hit over 80% compliance

The Government has yet to bring any prosecutions against delinquent Value-Added Tax (VAT) payers, while confirming last night that more than 80 per cent of quarterly filers had met the April 28 deadline for their first returns.

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Airline industry faces $3.7m Customs debt

The Auditor General’s Office has urged Customs to collect millions of dollars in unpaid taxes and fees, including $3.747m collectively owed by 13 airlines as at end-June 2018.

High school basketballers jostle for spot in the playoffs

THE high school basketball season is winding down in both the Bahamas Association of Independent Secondary Schools and Government Secondary Schools Sports Association as senior boys’ teams jostle for playoff position and final seeding.

Aliv reaches out to help blaze victim

ALIV, as part of its duty to the community, stepped up to the plate to donate funds as well as necessary items which included clothes to 96-year-old Pinedale, Eight Mile Rock resident Doris Smith.Ms Smith is one of Grand Bahama’s oldest inhabitants w

Trump-ing US travel warning on Bahamas

A Cabinet minister yesterday said he has “cautiously” asked the prime minister to raise The Bahamas’ concerns over US travel advisories when he meets Donald Trump this weekend.

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Jonquel Jones leads her team at FIBA World Cup

Just days after her WNBA season came to an end, Jonquel Jones returns to international play with Bosnia and Herzegovina at the FIBA Women’s Basketball World Cup.

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Touching down in Nassau? Then why adverts for Florida?

AN irate citizen criticised Bahamas Airport Advertising, the advertising company for the Lynden Pindling International Airport for opting to place a Miami, Florida advertisement in the arrivals section of the airport.

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BTC ordered to reduce termination fees 53%

The Bahamas Telecommunications Company (BTC) is being required to reduce the interconnection charges it levies upon rival operators by up to 53 per cent in 2013, with regulators determined to prevent its internal inefficiencies blocking competition.

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MP voices support for lockdown of Eleuthera

Central and South Eleuthera MP Hank Johnson voiced support for a total lockdown of the island during a virtual town hall.

Failed broker paid 'excessive' cash to related parties

A Bahamian investment adviser collapsed into insolvency due to “mismanagement” centred on internal conflicts and the payment of “excessive cash” to related parties for client introductions. Ed Rahming, Pacifico Global’s liquidator, told the Supreme

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PM at groundbreaking for marina village in Andros

PRIME Minister and Minister of Finance Perry Christie congratulated his friend of many years, Prescott Smith and his business partner Geneva Wilson on the groundbreaking for Blue Hole Marina Village & Andros Island Fuels in Fresh Creek, Andros this week.

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Crimes against the person increased by 23 percent last year

POLICE Commissioner Clayton Fernander revealed on Friday that crimes against the person increased by 23 percent last year when compared to the same period in 2021, including murders, armed robberies and sex crimes that also trended upwards.

BISX adds seven more fund listings

The Bahamas International Securities Exchange (BISX) yesterday said it has added seven new listings to its investment funds roster.

E-commerce providers in 75% demand uptick

E-commerce businesses have seen a dramatic spike in demand for their services as they try to keep pace with the influx of new customers amid the COVID-19 lockdown. Ryan Turnquest, owner of Discount Distributors, the manager of the produceexpresss.com

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Leo Morris helps lead Hurricanes to their first ACAA title

BAHAMIANS were the driving force behind the Holland College Hurricanes’ historic football milestones over the past few years. Now, on the basketball hardwood.

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Home owner tax breaks to aid 80% of new starts

AN ex-Bahamian Contractors Association (BCA) president yesterday hailed the Prime Minister’s home ownership tax breaks package for potentially boosting 80 percent of new construction starts, and said: “Better late than never.”

Bahamas is most expensive Caribbean cruise location

The Bahamas is the most expensive Caribbean destination for the cruise ship industry, a newly-released survey revealing that it spent 78.3 per cent more in this nation than anywhere else in the region.

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Buddy ties his career high 22

Nearly a week to the day when he set his career high, Buddy Hield equalled that mark last weekend as his efficient shooting continues for the Sacramento Kings.