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BUSINESS BITES: Say 'Yes' to Bahamas oil drilling
No sooner had Simon Potter, CEO of Nassau-based Bahamas Petroleum Company (BPC), announced an international oil company had signed a 90-day renewable option to become a farm-out partner with BPC, than our environmental activists predictably denounced the deal — indeed, the very concept of drilling for oil in Bahamian waters.
Govt ‘on money’ with $65m Grand Lucayan disposal
The government yesterday hit back at its detractors by arguing it was “on the money” with both the timing and value of its $65m Grand Lucayan deal.
Bahamas facing $500m climate impact by 2025
Climate change impacts could cost the Bahamian economy almost $500 million annually by 2025, the Inter-American Development Bank (IDB) has warned, with “badly designed” infrastructure and coastal erosion increasing the threat.
Victim dies at scene of knife fight
POLICE are investigating the circumstances surrounding a stabbing incident that left a man dead Wednesday morning.
Bahamas exports decline by 36% to five-year low
The Bahamas’ merchandise trade deficit fell by 12.3 per cent in 2015 to $2.719 billion, as the decline in imports offset a more than one-third reduction in exports.
Jonquel our shining star
Her pro career begins in earnest this week, but Bahamian hoops star Jonquel Jones took the opportunity to give insight on everything from the genesis of her basketball career to what she expects to add to her team in her rookie season.
PM pays tribute to Paul Adderley
MORE than 100 mourners gathered at Christ Church Cathedral yesterday morning for the state funeral of Paul Lawrence Adderley who Prime Minister Perry Christie described as the most intellectually gifted man of his generation.
Memphis in town for Battle 4 Atlantis
THE Memphis Tigers women’s basketball team, through their connection with Bahamian Olympic and world champion Shaunae Miller-Uibo, took advantage of their free day before the start of the Battle 4 Atlantis Tournament to host a basketball clinic for some of the local high school players.
Higgs and Longhorns win the Gulf Coast Showcase
WHILE the country hosted several elite NCAA Division I basketball programmes in the capital and Bimini, several Bahamian players were competing in early season tournaments across the United States.
Deandre Ayton posts career-high five blocks
Following a week of postponements and three missed games due to the NBA’s COVID-19 protocols, Deandre Ayton continued to play his best basketball of the season once the Phoenix Suns returned to the court.
CIBC suffers major loss amid $94m dividend wait
CIBC FirstCaribbean International Bank (Bahamas) plunged to a $63.543m net loss for the year to end-October 2020 as it awaits permission to pay almost $94m in total dividends to shareholders.
Buffaloes retire Buddy Hield’s No.24 jersey
Chavano “Buddy” Hield was honoured by the programme where he concluded his high school career, a place vital on his journey toward NBA stardom and a place he calls his second home.
‘Tum Tum’ and Spartans top the Eagles
NCAA Men’s Division I basketball moved into its second week and several Bahamian players were in action over the weekend.
THE PRESS BOX: Some of the latest Draft rumblings from Cowboy ranch
AFTER a fast and furious and, more importantly, successful second week in NFL free agency, the Cowboys aren’t done yet. • Here’s some of the latest rumblings, Draft and free-agent wise, straight from the ranch. WAIT THERE’S MORE Dallas is still
Patients are trapped by lack of funds
HEALTH Minister Dr Duane Sands said yesterday the government is still trying to decide what it can afford to do regarding the homeless patients who are lodged at the Princess Margaret Hospital.
McCuin and Rebels win NCAA season opener
The 2019-20 NCAA Division I basketball season tipped off Tuesday night and Bahamians were figured prominently for their respective programmes both on the sidelines and on the floor in various conferences across the United States.
Union seeking 'seat at table' on CIBC deal
Union leaders have written to the government seeking a “seat at the table” over the approval of CIBC FirstCaribbean’s majority sale to a Colombian-headquartered financial group.Teresa Mortimer, the Bahamas Financial Services Union’s (BFSU) president,
Sick-outs still affecting healthcare services
AFTER more than a week of staff sick-outs, officials said on Friday that while normal operations resumed at the Sandilands Rehabilitation Centre and at institutions in Grand Bahama, services at Princess Margaret Hospital continued to be affected by delays.
Crash drill at airport
THE need for better communication between agenices at the Lynden Pindling International Airport was revealed yesterday after officials staged a simulated plane crash.
Cellular monopoly retarding growth, telecoms investment
The Bahamas’ information and communications technology (ICT) sector generated revenues of almost $450 million or 5.7 per cent of the country’s total GDP in 2011, a Utilities Regulation and Competition Authority (URCA) executive said yesterday.
