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Don’t gamble away the legal profession
Do you consider yourself a gambler? Opening the Bahamian legal system to foreign law firms is just that: A gamble. There is only a small chance (20 per cent, give or take) that opening the legal system to foreign law firms will drastically increase offshore financial services bsiness for the Bahamas.
Bridgewater dominates in his French reunion
DOMINICK Bridgewater was dominant in his return to France’s NM2 League.
Laundry provider closes without $1M Baha Mar payment
Baha Mar has warned its laundry services provider is likely to be forced out of business if the resort developer is unable to quickly pay a $1 million debt, an event that would be “catastrophic” for its Melia Nassau Beach property.
NPBA: Bucket, Shockers Stingers in the win column
THE Aliv Bucket, Seafood Shockers and PJ Stingers were winners of the New Providence Basketball Association’s triple header at the AF Adderley Gymnasium on Saturday night.
landfill agreement with bidder '85% complete'
ENVIRONMENT Minister Romauld Ferreira said the New Providence Sanitary Landfill’s investment and management contract between the government and the selected bidder is 80 to 85 percent completed.
Irma hits 80% of Bahamas’ marina market
Bahamian marinas are concerned that Hurricane Irma’s strike on Florida could impact 80 per cent of their market, although most reported no storm-related damage themselves.
Penalised broker 'trampled on' by the Commission
A Bahamas-based broker/dealer yesterday said it had been left "vulnerable" and "exposed to liability" from Canadian sanctions as a result of the Securities Commis
Sports in brief
THE Junior Baseball League of Nassau is slated to host its first US Embassy/JBLN/MLB Baseball Skills Clinic October 30 to November 2 at the St Andrew’s Field of Dreams.
‘Buddy’ and Bahamas ready to face Venezuela
Although they have yet to “finalise” the team, head coach Chris DeMarco said the Bahamas coaching staff will select a “solid” 12-man roster coming out of this week’s training camp to play against Venezuela at the Kendal Isaacs Gymnasium on Thursday night.
US tells BISX-listed firm: We can get you
Federal regulators have effectively accused a BISX-listed company’s principal, and its broker/dealer affiliate, of hypocrisy over their claims that US law “cannot touch” their allegedly “egregious acts” in relation to a $400 million fraud.
CR Walker Knights take commanding day 1 lead
Recent editions of the GSSSA Senior High Schools track and field meet have featured thrilling finishes, adding to the budding rivalry between the CR Walker Knights and the CV Bethel Stingrays.
NPBA: Heatwaves, Rockets, Shockers in the win column
THE New Providence Basketball Association continued its regular season action over the weekend at the Kendal Isaacs Gymnasium with a series of games played.
Dames and Lightbourne sign letters of intent
JOSHUA Dames and Bradley Lightbourne became the latest Bahamian basketball talents to announce their intention to join programmes at the Junior College level.
65 new cases of COVID-19, two additional deaths
The Ministry of Health reported on Monday that there were 65 new cases of COVID-19 and two additional deaths.
Ayton and Suns snap 3-game skid, roll to 114- 93 win over Warriors
PHOENIX (AP) — Mikal Bridges scored 20 points, Deandre Ayton posted another double double - 12 points and 13 rebounds - and the Phoenix Suns pulled away in the second half to beat the Golden State Warriors 114-93 last night.
BISX: 50/50 buyer-seller ratio 'damn good market improvement'
The Bahamas International Securities Exchange’s (BISX) chief executive believes a “damn good improvement” is occurring in the stock market, with the buyers-to-sellers ratio now standing at 50/50 after deteriorating to 20/80 at the recession’s peak.
Web shop tax hikes ‘in our best interests’
The web shop industry tax hikes are in “the best interests of the Bahamian people” due to the social costs the sector imposes, a Cabinet minister argued yesterday.
Cable readies $30m pref share offering
Cable Bahamas is again preparing to tap the Bahamian capital markets for a further $30 million in preference share financing, which will help fund the roll-out of this nation’s second mobile provider.
Gov't housing re-launch vital to 80% of contractors
THE BAHAMIAN Contractors Association’s (BCA) president yesterday said many smaller operators were anxiously awaiting a revival of the Government’s housing programme, telling Tribune Business this group makes up 70-80 per cent of construction teams in the country .
Jones and Sun beaten in Playoffs
The rematch produced the same result for the second consecutive year as the Connecticut Sun were eliminated at home by the Phoenix Mercury in the second round of the WNBA playoffs.