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Insolvency reform 'very significant' to financial services

INSOLVENCY law reforms will bring "very significant" benefits to the Bahamas' financial services industry, but a leading accountant called on the sector to "more aggressively" promote these and other positive changes to global markets.

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Rebel seven accused of personal agenda

FORMER Free National Movement Senator Carl Bethel yesterday took aim at the strategy of the party’s seven rebel MPs, claiming that the absence of a coherent message from the group showed that their actions were guided by personal agenda.

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Chipman: Appointments show no clear agenda

SHADOW Minister of Foreign Affairs Hubert Chipman yesterday raised concerns about the government’s recently announced diplomatic appointments.

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Inaugural Bain and Grants Town Summer Games set

MEMBER of Parliament Wayde Watson said one of the alternative ways of helping to deter some of the crime in his inner city community is to stage their inaugural Bain and Grants Town Summer Games.

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‘No concern’ over deadlock at Baha Mar for conference

LOCAL officials preparing for an upcoming Inter-American Development Bank conference at Baha Mar said they have no concerns about the resort’s ongoing deadlock overshadowing the $6m event which will see 5,000 international delegates enter the country.

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Family Island hotels targeting 90% pre-COVID room nights

Family Island hotels can hit 90 percent of pre-COVID room nights sold with a strong over 2022’s final quarter, a senior tourism is predicting, voicing optimism the sector will “get closer” to its targets.

INSIGHT: The good, the bad and the ugly - A dangerous mix of tourism and crime

For generations the relationship between country's leaders and its inhabitants have straddled a Cartesian dualism, in a sense that both politician and voter interact within a single socio-economic reality from competing foundations.

Extra $16.7m may have saved 600 Baha Mar staff

Up to 600 Baha Mar jobs could have been saved had the project’s joint provisional liquidators secured $16 million in additional funding, Tribune Business can reveal.

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Galanis: PM bordered on delusional

FORMER Progressive Liberal Party MP Philip Galanis yesterday chastised Prime Minister Perry Christie over his recent assertion that the party could become unstable without him at the helm, saying this was the “height of nonsense” and bordered on “delusional”.

Grand Lucayan chairman blasts 'lack of co-operation'

The Grand Lucayan’s new chairman yesterday blasted Hutchison Whampoa’s “lack of co-operation” for threatening to delay the creation and release of a full sales prospectus for the resort.Michael Scott, who heads the Government-owned special purpose ve

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'Compliance breaches' at broker two years before its collapse

Two different accounting firms had identified serious “compliance breaches” by an insolvent Bahamian broker/dealer up to two years before it collapsed, one finding a $5 million “shortfall” was caused from the unauthorised use of client funds.

NPBA: Regulators stop Pirates in Division 1 as Kings get win in Division 2

THE New Providence Basketball Association had some interesting games over the weekend as the division II swung into high gear along with the division one play at the AF Adderley Gymnasium.

Time to sign up for the Ride for Hope

RIDE For Hope, the largest charity cycle event in The Bahamas, will be staged in New Providence for the first time next month after eight years in Eleuthera, during which time the number of riders has grown to over 600.

Bull Reg and Lady Sonia earn Cup race honours

The 63rd Annual National Family Island Regatta got off to a quick start yesterday with a competitive series of “Cup” races.

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Sir Durward Knowles oldest living Olympic gold medallist in world

OUR very own national hero and philanthropist Sir Durward Knowles, who won the first ever Olympic gold medal for the Bahamas in 1964, is now the oldest living Olympic gold medallist in the world.Sir Durward, who sailed to a first-place finish in the

‘Rich Forever: The Finale’ delivers on Rick Ross

THE promoters who brought Bahamians the final concert of 2012 did exactly what they said they were going to do - deliver international rap sensation Rick Ross to the Bahamas.

Ranfurly Children’s ‘amazing experience’ at NBA game

MIAMI, Florida - Thanks to the efforts of the Ministry of Tourism and Baha Mar, six residents of the Ranfurly Home for Children got a rare opportunity to watch a live National Basketball Association (NBA) game this week.

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Sports notes

ROADRUNNERS Track & Field Club is scheduled to host its 7th Annual Diana Lynn Thompson Track & Field Classic on Saturday.

BGDBA Playoffs: Crimestoppers tie series 1-1, Cybots win game one

THE Police Crimestoppers tied their series 1-1 with the Ministry of Youth, Sports and Culture Panthers.