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Hurricane forces delay in trial of men accused of killing press secretary

TWO men scheduled to stand trial for the murder of Prime Minister Perry Christie’s press secretary, Latore Mackey, face another delay in the start of their case.

‘No big improvement’ to $1.3bn bad loans in 2015

The $100 million Bank of the Bahamas ‘bail out’ helped to staunch the industry’s 2014 bad loan bleeding, but “no significant improvement” to this problem is expected in 2015.

Man loses job over wanted poster ‘mistake’

AFTER being arrested, questioned and later released by police after four days in custody, Jovan Nixon has lost his job and is still facing difficulty finding employment elsewhere because of a wanted poster that was issued for his arrest.

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Baha Mar’s Chapter 11 case is thrown out

THE Delaware Bankruptcy Court’s decision to throw out Baha Mar developer Sarkis Izmirlian’s Chapter 11 bankruptcy case yesterday has validated the government and “disappointed” the Cable Beach resort.

Bahamas suffers 76% FDI fall-off

The Bahamas suffered a 76 per cent year-over-year decline in foreign direct investment (FDI) in 2015, as it “tumbled” to its lowest levels in 13 years.

FINCO cuts staff 70% in five years

FINCO has slashed staffing levels by 70 per cent over the past five years, as it continues to outsource back office functions to its parent in a bid to cut costs in a low growth environment.

Kingpin's family lose 'Bahamian supremacy' claim in $50m battle

THE family trust of a once-jailed gaming kingpin, represented by the Opposition’s leader, have seen the US courts reject their claim of ‘Bahamian legal supremacy’ over a $50 million tax battle.Judge Jan Dubois, sitting in the eastern Pennsylvania fed

Where are our new building materials?

DISPLACED residents who lost their homes in Hurricane Dorian are frustrated that building materials have not yet been distributed by NEMA to help them start reconstruction in East Grand Bahama.Some residents are staying in accommodations provided by

Signature events to raise money for health causes

By ALESHA CADET

CBC U-16: Bahamas steamrolls BVI 101-40 on day 2

IT WAS another dominant performance for Team Bahamas as they remained undefeated at the Caribbean Basketball Confederation Under-16 Championships for Boys.

Abaco resort eyes ‘break even’ 5% rate increase

The Bahamas Out Island Promotion Board’s president yesterday said his hotel will likely have to increase rates by “another 5 percent” in 2024 to break even with fellow hoteliers revealing that soaring light bills “are just killing us”.

$112m spent with 'no due process'

$112m spent with 'no due process' By NEIL HARTNELL Tribune Business Editor With more than $112 million in public monies spent "without any evidence of due process", the Bahamian Contractors Association's (BCA) president has urged the Government to use t

$112m spent with 'no due process'

$112m spent with 'no due process' By NEIL HARTNELL Tribune Business Editor With more than $112 million in public monies spent "without any evidence of due process", the Bahamian Contractors Association's (BCA) president has urged the Government to use t

Bahamas ‘in good place’ on automatic exchange

Developing a regime to comply with global automatic tax information exchange standards was yesterday branded “the immediate priority” for the Bahamian financial services industry, a senior executive adding: “We’re in a good place.”

Tax delinquents warned to brace for ‘shock treatment’

Major tax defaulters were yesterday warned to brace for “shock treatment” from the Government’s recently-unveiled tax crackdown, the Bahamas Chamber of Commerce’s (BCCEC) chairman giving his “strong support” to the initiative.

Disney urged: Update lighthouse point EIA

Bahamian environmental activists yesterday urged Disney Cruise Line to update studies for its Lighthouse Point proposal to account for the impacts of COVID-19 and climate change. The groups behind the Stop Disney - Last Chance for Lighthouse Point c

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Bahamian retailer expands eastward

A well-known Bahamian retailer yesterday said it is aiming to complete its eastern New Providence expansion in time for Christmas 2021 and reach a market segment currently underserved.

Moody's: Budget 'hit right notes'

The Government’s 2013-2014 Budget “hit a lot of the right notes” for one Wall Street analyst, who yesterday told Tribune Business the plans should prevent the Bahamas’ debt metrics “spiralling out of control”.

City Markets staff allege 'conspiracy'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Ten Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave volun

City Markets staff allege 'conspiracy'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Ten Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave volun