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Baha Mar parties in ‘good faith talks’
A Cabinet Minister yesterday confirmed that the parties to the $3.5 billion Baha Mar dispute “appear to be negotiating in good faith”.
Blackout had 'serious effects' for Atlantis
ATLANTIS President and Managing Director George Markantonis said yesterday the mass power outage had some serious effects on the Paradise Island resort’s operation.
Treasure Cay seeks $59m purchase to ‘maximise potential’
The Treasure Cay Resort Marina and Golf Course is seeking a buyer that will take the area to its “maximum potential”, Tribune Business has been informed.
Insolvency Association to discuss legal reform
The Restructuring and Insolvency Specialists Association (RISA Bahamas) is to host a roundtable discussion on proposed changes to this nation’s insolvency legislation.
Grand Bahama Shipyard helps East End schools
FREEPORT – Last week, Minister of Education Jerome Fitzgerald toured improvements to East End schools and a visited a media centre donated by the Grand Bahama Shipyard.
Sports in brief
THE Bahamas Bowling Federation has announced that its trials for the Tournament of Americas is scheduled to start 7pm Wednesday.
A gift to help regatta
THE Cat Island Regatta is an established fixture on the Bahamian summer calendar and this year’s event in August will offer a busy programme and upgraded facilities.
$25m initiative to reverse 85% small firm credit rejection
A $25m Inter-American Development Bank (IDB) loan is aiming to reverse an 85 percent rejection rate on small business financing applications, it was revealed yesterday.
Communications sector rebounds through 3.7% growth in turnover
The Bahamian communications industry saw its total turnover increase 3.7 per cent year-over-year to hit $444 million in 2011, regulators have estimated, despite cellular phone subscribers falling by 90,000 since 2009.
'No 100% escape' from VAT's grip
There is “no 100 per cent escape” from the proposed Value-Added Tax (VAT), a senior official has warned, while acknowledging the private sector must realise the Government is “serious” about collecting all due revenues.
Whylly, Goodman & Hurricanes win ACAA title
A PERFECT regular season continued with a perfect run through the playoffs for the Holland College Hurricanes as their Bahamian pipeline led the way to their seventh consecutive Atlantic Collegiate Athletic Association men’s basketball title.
UPDATED: Sol Kerzner dies age 84, PM pays tribute to ‘pioneer in the resort industry’
Hotel tycoon, business magnate and Atlantis developer Sol Kerzner has died age 84.
Briefly
Funerals and last rites for Saturday, September 29 and Sunday, September 30.
Bahamasair suspends flights to Haiti’s capital
Bahamasair’s weekly jet service to Cape Haitien has been “leaving full every time” even though service to the country’s capital has been suspended from January 28, its managing director revealed yesterday.
Chisholm hits his first home run in the majors
Jasrado “Jazz” Chisholm was searching for a breakthrough at the plate and it finally came in the first at bat of last night’s series finale against the Atlanta Braves.
Realtors turn out for $100m development
The Bahamian real estate industry turned out in force last week for Palm Cay’s reception for its $100m One Marina project, which features 84 luxury condos overlooking a marina.“Inventory is always a major concern for real estate agents and brokers, s
It’s no joke defending Bahamian sporting pride
EVEN though we don’t celebrate Black History Month like our neighbours to the north in the good old USA, we’ve had many Bahamians contribute in their own way to writing black history throughout the States, especially in sports.
Buddy scores 14 in loss to Kings
ROOKIE guard Buddy Hield had 12 of his 14 points in the fourth quarter as the Sacramento Kings defeated the winless New Orleans Pelicans 102-94 on Tuesday night.
‘Stay humble, stay hungry and stay healthy’
FROM the No.1 overall NBA Draft pick to a possible number one overall pick of the future, Mychal “Sweet Bells” Thompson lauded the potential of top prospect Deandre Ayton and offered some advice on his path to success.
123 Haitians found near Cay Sal repatriated
ONE hundred and twenty-three Haitians, including children, who were picked up at sea in Bahamian waters recently were flown out of Grand Bahama onboard a Bahamasair flight to Haiti yesterday.
