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Dorsett faces new hearing
FORMER Cabinet minister Kenred Dorsett is due to reappear in Magistrate’s Court today in connection with allegations that he used his former ministerial position to extort and solicit $120,000 in bribes from Jonathan Ash.
Fourteen Clubs Golf Academy hosts first event of 2024
While many were enjoying the festivities on Majority Rule Day, juniors along with adults participated at the third Front 9 Golf Tournament Series drive, chip and putt event at the Bahamas Golf Federation’s Practice Facility.
Realtors confident of beating 2017's 40-90% sales rise
Top realtors yesterday expressed confidence they will this year beat a 2017 sales performance that exceeded prior year comparatives by between 40 to 90 per cent.John Christie, H. G. Christie Ltd’s chief executive, told Tribune Business that the secto
Bahamas provider slams $20m crypto ‘fraud’ claim
A Bahamian financial institution and its affiliate yesterday slammed a $20m damages claim against them as “baseless”, denying they participated in a “conspiracy to sabotage” a virtual token issue.
Gov't told: raise Mortgage Plan's $22,500 'Gap'
Bahamian commercial banks have recommended that the Government increase the $22,500 ‘Gap’ amount in a bid to have more struggling homeowners qualify for its Mortgage Relief Plan, Tribune Business can reveal.
FTX Bahamas wind-up ‘halted’ if no Ray deal
FTX’s Bahamas wind- up “would be halted” without a deal with their US adversary, its liquidators have revealed, as they seek an extension to the legally-mandated 90-day deadline to hold a first creditor meeting.
‘Closing the shortfall’: Port off 3% versus pre-COVID
Nassau’s main commercial port has “closed significantly on making up the shortfall” with container volumes just 3 percent off pre-COVID volumes for the 2021 second half.
FINCO rejects 90% of Gov’t home applicants
Royal Bank of Canada’s (RBC) mortgage lending arm rejected 90 per cent of applicants seeking loans to purchase government homes, a Cabinet Minister has revealed.
‘Bad’ bank loans decline by $102m
Total commercial bank ‘bad loans’ fell by more than $100 million during the 2015 first half, although much more remains to be done to restore this key indicator to pre-recession levels.
Port ‘revving up’ for $563k revenue boost
The Nassau Container Port is eyeing a $563,000 annual top-line boost after a two-year effort succeeded in bringing 90 per cent of auto-carrying vessels to its docks.
BOB allows for two ‘minority’ directors
Bank of the Bahamas will hold an Extraordinary General Meeting (EGM) within the next 90 days to elect two minority shareholder representatives to its Board of Directors.
Tourism rebounds to 90% pre-COVID level
Bahamian stopover arrivals rebounded to 90 percent of pre-COVID levels for July as the tourism recovery maintained its momentum by attracting some 3.677m visitors during the first seven months of 2022.
Kadeem, Mark and Travis top performers among Bahamians
KADEEM Coleby, Mark St Fort and Travis Munnings were several of the top performers among Bahamian basketball players active in their respective programmes over the weekend.
Airline eyes 3% Easter load factor increase
A Bahamian-owned airline yesterday said passenger volumes for the Easter weekend were projected to be up 3 per cent year-over-year, with load factors averaging 80 per cent “all around”.
PM to meet with Sarkis on Monday
PRIME Minister Perry Christie is expected to meet Baha Mar developer Sarkis Izmirlian on Monday after he received verbal assurances from the $3.5 billlion resort's lender China Export Import Bank that it was willing to work with all stakeholders to complete the stalled West Bay Street project.
UPDATED: Jet Blue plane lands safely after landing gear malfunction
A JetBlue plane made an emergency landing on the main runway at the Lynden Pindling International Airport on Friday due to a gear malfunction, the Department of Civil Aviation said.
Roberts: Baha Mar resort will still open before end of year
PROGRESSIVE Liberal Party Chairman Bradley Roberts yesterday forecast that the stalled $3.5bn Baha Mar resort will still open before the end of the year despite the possibility of provisional liquidators being appointed at the property.
King and Bluejays undefeated so far
FREDRICK King and the no.9 ranked Creighton Bluejays are off to an expected undefeated start to the season.
Financial crimes rise 54% to five-year-high
Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.
Financial crimes rise 54% to five-year-high
Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.
