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Safeguards against 'sinister' liquidations
CHANGES to Bahamian insolvency law will prevent directors/shareholders from putting companies into voluntary liquidation for "sinister reasons", a leading accountant yesterday arguing that the amendments bring this nation "into line with model international law".
Sebas’s Brickell in Govt PPP market
Sebas Bastian’s Brickell Management Group (BMG) has entered the public-private partnership (PPP) market through a contract to construct a new “multi-purpose” government office complex on Harbour Island.
BISX-listed fund targets asset-doubling to $100m
A BISX-listed fund is reviving ambitions to “more than double” total assets to over $100m by “looking more aggressively” for property acquisitions following its recent preference share refinancing.
Survival rate shock for kids cancers
THE Bahamas faces a massive uphill battle to improve survival rates for children with cancer and other auto-immune diseases.
GB: 82% of firms plan to re-open
Some 82 percent of closed Grand Bahama businesses surveyed by the island’s Chamber of Commerce expect to re-open, it has been confirmed, with just two firms saying they will go out of business.The COVID-19 survey of 127 companies found that 42 percen
Govt says: We’ve accepted 80-90% of non-profit needs
The Government believes it has “accommodated 80-90 percent” of non-profit concerns over plans to regulate the sector, although it remains on a collision course with the church.
Liquidator blasts own creditors committee
A Bahamian broker/dealer’s liquidator has resumed battle with his own creditors committee by blasting their criticism of his $1m-plus fees as “significantly lacking in substance, truth and accuracy”.
LAKERS GO HOME
By JEFF LATZKE AP Sports Writer OKLAHOMA CITY (AP) -- Russell Westbrook scored 28 points, Kevin Durant added 25 points and 10 rebounds, and the Oklahoma City Thunder surged ahead in the second half to beat Los Angeles 106-90 in Game 5 on Monday night and
‘Options running out’ rapidly on Baha Mar
A senior Chamber executive yesterday warned that “the options are running out” for a speedy resolution to the $3.5 billion Baha Mar dispute, with the project facing “great jeopardy” if the warring factions are unable to agree terms.
Insolvency reform 'very significant' to financial services
INSOLVENCY law reforms will bring "very significant" benefits to the Bahamas' financial services industry, but a leading accountant called on the sector to "more aggressively" promote these and other positive changes to global markets.
Rebel seven accused of personal agenda
FORMER Free National Movement Senator Carl Bethel yesterday took aim at the strategy of the party’s seven rebel MPs, claiming that the absence of a coherent message from the group showed that their actions were guided by personal agenda.
Water polo team aims to repeat Carifta success
Team Bahamas looks to continue its trend of water polo success and repeat last year’s dominant performance at the Carifta Water Polo Championships.
Chipman: Appointments show no clear agenda
SHADOW Minister of Foreign Affairs Hubert Chipman yesterday raised concerns about the government’s recently announced diplomatic appointments.
FACE TO FACE: Straight outta Compton - and around the world
You could have been abandoned as a young child, left to fend for yourself in one of the toughest ghettos in America with crime statistics stacked against you, and you could still rise above them to become an international professional basketball player, making money playing a game you love. That’s the testimony of Mahershal Simonet, a passionate and driven man who is making a difference on and off the basketball court. He is a skilful point guard and shooting guard who has played in some 15 countries around the world; now he is in The Bahamas discovering his roots and sowing positive seeds into the lives of children here.
Tourism chief: ‘Step up our game’ over vaccination roll-out
A senior Ministry of Tourism executive yesterday urged the Bahamas to “step up its game” on the COVID-19 vaccination roll-out over fears its Caribbean rivals are outpacing it.
BPL receives first URCA power supplier licence
THE Utilities Regulation and Competition Authority (URCA) has announced that it has issued the first Public Electricity Supplier Licence to Bahamas Power & Light (BPL).
Pope urges believers not to remain silent- Baptises Nigerian migrant-hero during Easter Vigil -
Pope Francis last Saturday urged Catholics to not remain paralysed in the face of the injustices around them as he baptised eight adults, including a Nigerian beggar who became a hero in Italy for having disarmed a thief with his bare hands.In an Eas
Death of man in collision with RBDF vessel is referred to Coroner's Court
THE case of a man killed in a Royal Bahamas Defence Force boating accident has been referred to the Coroner’s Court, Assistant Commissioner of Police Clayton Fernander said yesterday.Christopher Turnquest, 25, was in the harbour in a 13-foot skiff ea
Implications of Warnock’s Georgia win
The much anticipated run-off in the Georgia Senate race has been completed, and the Democratic Party incumbent Raphael Warnock has won, giving his party a 51-vote majority in the Senate.
Kendal Isaacs Gym ‘not available for us to use’
The Bahamas Basketball Federation was faced with the dilemma of securing the necessary funding to send its men’s national team off to the FIBA AmeriCup 2022 Qualifiers from November 27 to December 1.
