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Central Bank back in compliance on Gov't debt limits

THE Central Bank yesterday said its government debt holdings are back in compliance with its governing Act, with medium and long-term maturities equal to 12.52 per cent of its demand liabilities.The regulator, responding to the IMF’s Article IV repor

Govt asked: Do all GBPA licensees get 20-year tax breaks?

The Government was yesterday urged to clarify whether it will grant Freeport businesses an automatic 20-year extension of their expired tax breaks, amid general acclaim for its pledge to “roll back” the Christie administration’s impositions.

Jazz: ‘I want to win MVP’

After missing out on an historic Major League 20/20 (home run/stolen base) feat this past season that was hampered by an injury, Bahamian Jasrado “Jazz” Chisholm said he’s looking forward to improving in his quest to go after the Most Valuable Player award.

37th Hugh Campbell: Teams eliminated on day 4

DAY four of the 37th Hugh Campbell Basketball Classic featured the first round of eliminations in this year’s event while several winning teams went head-to-head.

FNM deputy: $20m ‘down tubes’ over Junkanoo Carnival

The FNM’s deputy leader yesterday charged that almost $20 million in taxpayer monies has “gone down the tubes”, amid increasing evidence that Bahamas Junkanoo Carnival cannot be sustained without government subsidies.

Bahamas 'ass backwards' over oil negotiations

A well-known attorney yesterday said the Bahamas had done an “ass backwards” job in negotiations with the Bahamas Petroleum Company (BPC), arguing that the country should receive “no less than 60 per cent” of the proceeds if commercial quantities of oil were discovered.

Clubs and Societies 06/05/2014

Cycling Club Bahamas. -

FIREARM OFFENCES: Nearly 20 arrested in 24 hours

NEARLY 20 people have been arrested over a number of firearm related offences in the Bahamas in the last 24 hours, police said on Friday.

Nation experiences wettest January in more than 20 years

THE BAHAMAS is experiencing its wettest January for more than 20 years, with huge increases in levels of rainfall across the archipelago.

Olympic pioneer sends message to Atlantic College graduation class

A SURPRISE videotaped message from Sir Durward Knowles, the first Bahamian Olympic gold medal winner, encouraged more than 70 graduates from Atlantic College’s class of 2015 last week.

NAD passport reform to boost visitor spend

NASSAU Airport Development Company (NAD) executives said yesterday that the launch of 20 automated passport control (APC) kiosks at Lynden Pindling International Airport (LPIA) will improve the overall departure experience and generate more passenger spend.

$1m survey shows level of poverty faced by young

SOCIAL Services Minister Melanie Griffin yesterday expressed concern about youth under the age of 20 who remain the poorest demographic in the country at nearly 18.8 per cent, according to a recent Household Expenditure Survey.

Bahamas ‘on track’ to expand airlift by 15%

The deputy prime minister yesterday said The Bahamas is “on track” to increase airlift capacity into the destination by 15 percent this year through the addition of several new routes.

Tigers’ run ends in semifinal

The Bahamian connection for the Benedict College Tigers men’s volleyball team had their run in the Southern Intercollegiate Athletic Conference Championship tournament end in the semifinals.

Five killed since Sunday in deadly murder toll

TWO men were killed in separate homicides just hours apart on Tuesday night - and another in a shooting last night. Five people have been killed since Sunday.

Commission eyes 20 DARE Act registrants

THE Securities Commission’s top executive yesterday said the regulator expects to have 20 entities registered under the Digital Assets and Registered Exchanges (DARE) Act by year-end 2022.

Jones scores 34, grabs 19 rebounds in her team’s latest victory

JONQUEL Jones continues to put up phenomenal numbers during the offseason in China and is pegged as one of the early candidates for MVP.

Pro basketball player Miller off to impressive start in Norway

TAVARIO Miller’s transition to professional basketball is off to an impressive start with a new destination in Norway.

Son dead and father in hospital after Bimini crash

A 20-year-old American man is dead and his father is in hospital after their plane crashed in waters near South Bimini shortly after take-off on Friday night.

Bahamian insurer: Too early on corporate tax

A major Bahamian insurer yesterday said it was too early to predict whether the industry will be impacted by the G-20 drive for a 15 percent minimum global corporate tax rate.

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