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Baha Mar: Bahamian creditors owed $170m
The continuing uncertainty surrounding the $3.5 billion Baha Mar project is “jeopardising the Bahamas’ fragile growth prospects”, Standard & Poor’s (S&P) believes, with local companies owed a collective $170 million.
Giants blow out Cybots, force game six
The Commonwealth Bank Giants, refusing to roll over and play dead for the second consecutive game, blew out the Mail Boat Cybots by 22 points to stay alive in the New Providence Basketball Association’s best-of-seven championship series at the AF Adderley Gymnasium last night.
INSIGHT: Saints or sinners? The real story of caring for HIV and AIDS patients
After the US State Department’s report last week accused a Bahamian care institution of neglect and inadequate medical provision, Ava Turnquest, Tribune Chief Reporter, paid a visit. She gained a very different impression.
BOB needs $30m capital injection
Bank of the Bahamas needs to increase its capital base by $30 million to meet global regulatory requirements, with its Board now assessing “various options” to achieve this.
Receivers ‘delusional’ if thinking Sarkis’s offer can be beaten
Sarkis Izmirlian says efforts to ‘buy back’ his $3.5 billion development have been foiled because Baha Mar’s receivers have failed to provide him with details and “timelines” on the Supreme Court-approved sales process they are running.
Commonwealth Bank Giants stay alive
THE Commonwealth Bank Giants, the best team in the regular season, refused to exit the New Providence Basketball Association men’s best-of-seven championship series without putting up a fight.
Rejection of NHI model ‘curious’ says secretariat
THE recent rejection of the proposed National Health Insurance model by industry stakeholders is “curious” considering the government had consultations and “fruitful discussions” with them about the scheme, NHI Secretariat Permanent Secretary Peter Deveaux-Isaacs said yesterday.
Sarkis’s latest Baha Mar offer ‘in vain’
Sarkis Izmirlian’s latest offer to purchase Baha Mar is in vain because the project’s receivers and secured lender cannot negotiate deals outside the Supreme Court-approved sales process, Tribune Business was told yesterday.
Dingman hits back on failed Nassau eateries
Bahamian creditors are facing opposition to their push for a $1.113 million default judgment against Jamie Dingman’s failed Nassau restaurant empire.
Cybots take 2-0 lead over Giants
FOR the second consecutive game, the Mail Boat Cybots found a way to beat the Commonwealth Bank Giants as they took a 2-0 lead in the New Providence Basketball Association’s best-of-seven championship series. This time, the Mail Boat delivered the win from the free throw line.
Collie predicted to win race for FNM chairman
FORMER Deputy Prime Minister Frank Watson yesterday forecast that former MP Sidney Collie would emerge as the new chairman of the Free National Movement.
‘Catch the firestorm’ at 2nd Chris Brown Invitational
With just two days to go, the National Sports Authority is firing on all cylinders to get the Thomas A Robinson National Stadium transformed in time for the hosting of the 2nd Chris Brown Bahamas Invitational on Saturday.
Auto chief waits 6-8 months for $200k tax refund
The Bahamas Motor Dealers Association’s (BMDA) president yesterday revealed he has been waiting six-eight months for a $200,000 tax refund, while seeing “only red ink” on his company’s financial spreadsheets.
Stopover visitor levels regressed 30 years in 2013
The Bahamas’ US tourist stopover arrivals slumped to levels last seen in 1984 as recently as 2013, with the increase in cruise passengers “largely insufficient” to compensate for the loss of their higher-yielding counterparts.
National High School Track & Field Championships get underway
HUNDREDS of athletes from throughout the Commonwealth of The Bahamas are currently in Grand Bahama participating in this year’s National High School Track and Field Championships.
Tech Talk: April 13
• WHATSAPP is using a powerful form of encryption to protect the security of photos, videos, group chats and voice calls in addition to the text messages sent by its more than a billion users around the globe.
New Baha Mar bid by Izmirlian
IN a letter sent yesterday, Baha Mar developer Sarkis Izmirlian asked the president of the China Exim Bank to accept his offer to complete and open the stalled resort, promising to rehire Bahamian employees while ensuring that the bank does not accept a discount on its debt.
Gov’t pushing MSC, Hutchison on MoU
The Government is pushing for Mediterranean Shipping Company (MSC) and Hutchison Whampoa to sign a Memorandum of Understanding (MoU) this week, which some observers believe deals with the Grand Bahama Port Authority’s (GBPA) acquisition.
MICHELLE MILLER MOTIVATIONALS: Your perception is your reality
Many people say that perception is 99 per cent of reality. If you think this is true then what you call reality only amounts to a measly one per cent. For this reason, people live according to their perceptions not their so-called reality. Better said, for all intent and purposes there’s really no reality, only your perception of reality.
Cybots face Giants tonight in NPBA championships opener
THE last time they met two years ago, the Commonwealth Bank Giants came from a 3-0 deficit to post a four-game back door sweep over the Mail Boat Cybots to win the New Providence Basketball Association men’s title.
