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Bahamas world's fourth largest IFC at $595bn

The Bahamas is the fourth largest international financial centre by assets, it was disclosed yesterday, with the $595 billion held by this nation’s financial institutions equivalent to 96 times’ gross domestic product (GDP).

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Gray, Jets on win streak

Sebastian Gray’s scoring has helped the Northern Oklahoma-Enid Jets to a win streak in a battle atop the conference standings headed toward the postseason.Gray has scored in double figures the last three games, a three-game winning streak for the Jet

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Jones posts 6th double-double of season

(AP) – BAHAMIAN WNBA star Jonquel Jones scored 24 points with 11 rebounds and five steals but it wasn’t enough as the Chicago Sky beat the Connecticut Sun 91-83 yesterday.

More than 80 teams set for Baha Jrs community tournament

THE Baha Juniors Football Club will host a season ending community-building event featuring various age groups with the backdrop of a festive atmosphere.

$357,000 of repairs approved for 37 Sweeting Cay Homes

THE Disaster Reconstruction Authority has approved some 37 homeowners on Sweeting’s Cay for nearly $360,000 of repair assistance under the Small Homes Repair Programme.

70 to 80 correctional officers 'still waiting on promotions'

DESPITE 110 correctional officers being promoted to corporals this week, the Correctional Officers Staff Association estimates that many more await their awards.

Labour director sees outsource dispute rise

The Director of Labour says employee outsourcing by Bahamian companies has provoked a number of disputes, particularly in the financial services and hotel industries.“There have been a number of matters from trade unions that had a small pocket of th

Freeport now 'worth $11bn'

The total infrastructure investment in Freeport today is worth $11 billion, the Grand Bahama Port Authority’s (GBPA) chairman yesterday saying this exceeded annual Bahamian GDP and “could not be replicated.

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Ed Smith: 'We knew each other from we were pee wees'

FROM playing around as kindergarten students to trying out for the National Football League, Ed Smith and Allan Ingraham are still close friends, although they ended up heading in different directions.“We knew each other from we were pee wees, going

Heat dominate 2nd half, roll past Spurs 120-98

By TIM REYNOLDS AP Sports Writer MIAMI (AP) -- LeBron James scored 33 points, Chris Bosh added 30 and the Miami Heat used a historic third-quarter turnaround to erase a big deficit and beat the San Antonio Spurs 120-98 on Tuesday night, snapping a three-g

Formal economy 'overpaying' its share of taxes

Poor compliance, caused by corruption, limited accountability and a lack of enforcement, has resulted in the Bahamian formal economy paying a disproportionate share of this nation’s taxes.

Top auto dealer lays-off 80 staff

A major auto dealer yesterday confirmed it is temporarily laying-off 80 staff as the industry prepares to make its case to the government for a partial opening amid the COVID-19 lockdown. Fred Albury, the Auto Mall’s principal, told Tribune Business

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Former College principal Dr Donald Knowles dies

DR Donald Knowles, 80, first principal of the College of the Bahamas, died of a massive heart attack at the Princess Margaret Hospital at 4pm Thursday.

Goodman’s Bay

Should Government allow private enterprise to coolly take over public open space and no one lift a hand or even understand what is happening? I am concerned what is openly happening on Goodman’s Bay parking lot to the eastern side.

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Real estate firm joins top network

A Bahamian real estate firm has been named to 'Who's Who' in luxury real estate, the award-winning network that has property brokerages in 80 countries. Mario Carey, of Mario Carey Realty, said: "It is a great honour fo

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Under-40s slow to get vaccine

THERE is a low uptake in vaccinations among people under 40 compared to the older population, according to health data.

44 KILLED ON ROADS IN 2011

By SANCHESKA BROWN Tribune Staff Reporter sbrown@tribunemedia.net THE Bahamas recorded 10,563 traffic accidents in 2011, with 44 of them being fatal, according to statistics from the Royal Bahamas Police Force. Of those accidents, 8,653 were in New Provi

Broker 'optimistic' doctors' captive issues resolved

Broker 'optimistic' doctors' captive issues resolved By NEIL HARTNELL Tribune Business Editor A Bahamas-based insurance executive is "optimistic" that differences with the regulator over a captive insurer providing coverage to 70-80 Bahamian physicians

Fishers Alliance makes conch protect proposals

A BAN on conch exports could stem the Bahamas’ conch population decline, the Commercial Fishers Alliance’s (BCFA) president yesterday disputing the reported 80 per cent fall. Adrian LaRoda told Tribune Business that such a ban was one of several prop

GB resort to give 18,000 'Memories'

Grand Bahama’s new four-star Memories Resort has more than 18,000 bookings “already in hand” to ensure an 80 per cent average occupancy level this winter, Prime Minister Perry Christie said yesterday, adding that Bahamasair will in May start a wet lease arrangement with its owners for service from up to eight US cities.