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‘Get creative’ over govt debt aversion
The government was yesterday urged to “become more creative” in the Bahamian debt markets as traditional purchasers of its bonds increasingly reject long-term paper due to the mounting fiscal crisis.
EDITORIAL: Stop saying sorry - now seize the day
THE Bahamian public is still feeding off the recent election like a remora sucking nutrients from the underside skin of the shark’s belly.
Energy reform still untapped resource
Reforms geared towards improving The Bahamas’ energy security are critical to building greater economic resilience and diversification. In the previous Island Insight column, I pointed out that tourism and other services-based industries are not idea
Minister: Investors only ‘prefer’ short term Gov’t bonds
A Cabinet minister yesterday conceded that Bahamian investors are only interested in short-term government debt after a one-year issue was oversubscribed by 14 percent.
Coach ‘Drips’ Poitier to adopt new role at Florida State College
ON April 1, coach Edric C ‘Drips’ Poitier is expected to take on a new role at Florida State College at Jacksonville where he coaches their Blue Waves women’s volleyball and reconstructs their beach volleyball programme after a three-year coaching sting at Savannah State University.
40TH HUGH CAMPBELL BASKETBALL CLASSIC: Champions to be crowned tonight
Four teams remain in the 40th Hugh Campbell Classic basketball tourney but only one team can hoist the trophy tonight at the Kendal GL Isaacs Gymnasium.
Buena Vista distillery targets December start
A micro rum distillery is aiming to start production from the former Buena Vista property by the first week in December, its principals yesterday saying they were confident of attracting more than their base 150,000 visitor estimate during the first year.
Sports in brief
DURING the Inside the NBA show on TNT following game seven of the Eastern Conference Final between the Miami Heat and the Indiana Pacers, the Bahamas got mentioned several times by one of the colour commentators, Charles “Sir Charles” Barkley.
Starting with a bang
Dwight Coleby and Zane Knowles have made immediate impacts with their new clubs while others produced impressive stat lines this week to highlight performances from Bahamian pro basketball players in European and Asian leagues.
Giants to face Cybots in NPBA final
Coach Perry Thompson knew that once his Commonwealth Bank Giants kept the ball out of the hands of the Police Crimestoppers’ guard Mitchell Johnson, they would be back to defend their title in the New Providence Basketball Association’s championship series.
Bahamas downgrade hits cruise port costs
The Bahamas’ sovereign credit downgrade has increased the Nassau Cruise Port’s financing costs to a level “never” considered just 90 days ago, its top executive has revealed. Michael Maura, the cruise port operator/developer’s chief executive, told
Giants, Panchos get wins
THE New Providence Basketball Association continued its regular season at AF Adderley Gymnasium Wednesday night when the Johnson Trucking Panchos and the Commonwealth Bank Giants won their respective games.
Bimini developer in 90% occupancy goal
BIMINI Bay's principal expects to see occupancy levels at the multi-million dollar resort and marina reach 85-90 per cent through the addition of its $24 million luxury boutique casino and the imminent Balearia ferry service, telling Tribune Business: "We have survived."
Collapsed entity’s $5m holding in BISX firm
Questions were last night being raised over the future viability of a BISX-listed company, after court documents disclosed that an entity accused of perpetrating a major multinational fraud held all its $5 million preference share capital.
Doctors fear ‘minimum’ 25% cost rise with NHI
Doctors fear the Bahamas will be left with “a dysfunctional health system” if the Government forges ahead with National Health Insurance (NHI), as the current model is plagued by funding shortfalls and threatens to increase their costs by “a minimum” 25 per cent.
Govt in ‘back handed’ Hawksbill change move
A prominent QC yesterday agreed that the Government’s call for Freeport businesses to seek renewal of their tax breaks was a “back handed” attempt to amend the Hawksbill Creek Agreement, with the move representing “the worst formula for business”.
Caribbean hotel rivals beat Bahamas' 5% RevPAR rise
By NEIL HARTNELL Tribune Business Editor The Bahamian hotel industry's 5 per cent revenue per room (RevPAR) increase for the first nine months in 2011 was overshadowed by greater rises in many Caribbean competitors, as an industry consultant yesterday to
Caribbean hotel rivals beat Bahamas' 5% RevPAR rise
By NEIL HARTNELL Tribune Business Editor The Bahamian hotel industry's 5 per cent revenue per room (RevPAR) increase for the first nine months in 2011 was overshadowed by greater rises in many Caribbean competitors, as an industry consultant yesterday to
Below the belt – Male urological cancers
Penile cancer is relatively rare in developed countries, but in some it can represent as high as 20 percent of all male cancers. In the United States, according to the American Cancer Society, penile cancer affects one in 100,000 men. Prostate cancer has an incidence of one in seven American men in their lifetime.
BISX-listed firm's CEO faces 'grilling' over alleged fraud
The chief executive of a BISX-listed company faces a grilling from liquidators investigating an alleged multinational fraud, who are seeking information on a series of multi-million dollar transactions involving his company.
