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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.
Food price control negotiations silent
Negotiations with the Government over expanding price controls on the Bahamian food distribution industry have gone silent for more than two weeks much to the sector’s relief.
S&P’s ‘shot in the arm’ exposes growth fears
Standard & Poor’s (S&P) has given The Bahamas “a shot in the arm” while further exposing that “additional taxation” will almost certainly be needed to hit the Government’s fiscal targets, a governance reformer warned yesterday.
‘No police probe’ of Lanisha Rolle
DEPUTY Commissioner of Police Leamond Deleveaux yesterday denied reports that former Youth, Sports and Culture Minister Lanisha Rolle is being investigated by police.
Bahamas ‘under attack’: Do more to combat FTX
A former finance minister yesterday argued that not enough is being done to protect The Bahamas’ integrity - and that of its entire financial services industry - which is “under attack” from all sides over FTX’s implosion.
MPs answer on whether they had FTX investments
SEVERAL members of Parliament yesterday said they had no FTX investments, while one confirmed receiving a donation from the collapsed crypto exchange firm.
Senate president tells joint sitting: ‘Rape is rape’
SENATE President LaShell Adderley called yesterday for the criminalisation of marital rape, saying rape is rape no matter the context.
No. 3 Kansas beats NC State in coach Bill Self’s return
PARADISE ISLAND, Bahamas (AP) — Bill Self couldn’t wait to get started yesterday at the Battle 4 Atlantis. Neither could hot-shooting Kansas rookie Gradey Dick.
Excitement is building for 50th Carifta Games 2023 in Bahamas
THE excitement is building for the upcoming launch of the 50th CARIFTA Games 2023, to be held here in the Bahamas from April 7-10, 2023.
Ole Miss Rebels lose by two points in Pink Flamingo Championship
IN what turned out to be a dramatic finish to a great Baha Mar Hoops Pink Flamingo Championships last night at Baha Mar, the number 17-ranked Utah Utes held off the University of Mississippi Rebels 69-67 on a three-point play with just six seconds left on the clock.
Ellis, USC beat BYU
PARADISE ISLAND, Bahamas (AP) — Boogie Ellis scored 21 of his 27 points after the break to help Southern California beat BYU 82-76 in yesterday’s first round of the Battle 4 Atlantis.
Tennessee beats Butler
PARADISE ISLAND, Bahamas (AP) — Santiago Vescovi scored all 13 of his points after halftime and sparked the clinching run that helped No. 22 Tennessee beat Butler 71-45 on Wednesday night in the first round of the Battle 4 Atlantis.
DEIDRE BASTIAN: Beware the pitfalls of worker termination
Have you ever been terminated? Have you ever had to terminate anyone?
Bahamas payment app signs up 1,500 visitors
A digital payments provider says more than 1,500 visitors who will arrive in The Bahamas for the Thanksgiving and Christmas holidays have signed up to use its “tourism app”.
Treasure Cay ‘can’t afford’ $3bn legal battle’s fall-out
TREASURE Cay homeowners yesterday warned they “can’t afford” for the development to be “tied up for years” by a $3bn claim against the Government.
Partnership to give $400k boost for ‘blue economy’
THE Small Business Development Centre yesterday sealed a $400,000 tie up with The Nature Conservancy (TNC) via a Memorandum of Understanding (MoU) for technical assistance.
S&P: ‘No material effect’ for Bahamas from FTX
Standard & Poor’s (S&P) yesterday gave The Bahamas “breathing room” by maintaining its existing sovereign credit rating while predicting that FTX’s implosion will have “no material adverse impact” for the country.
S&P slashes Bahamas ‘23 growth to just 1.1%
Standard & Poor’s (S&P) yesterday slashed its 2023 economic growth forecast for The Bahamas to just 1.1 percent despite giving the country a break on repeated annual creditworthiness downgrades.
‘Meeting of minds’ needed on distressed housing drag
The Government and commercial banking industry must have “a meeting of the minds” so the latter can “clean up” its backlog of distressed properties and resume aggressive mortgage lending again, a senior banker urged yesterday.
Bahamas faces high risk economic ‘roller coaster’
The Bahamas will be on an economic “roller coaster for a significant period of time” as the US Federal Reserve and other central banks take swift action to combat inflation, a local banker warned yesterday.
