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Baha Mar interest like ‘beauty parade’

A Bahamian QC yesterday likened buyer interest in the $3.5 billion Baha Mar property to “a beauty parade”, while its former developer was left distinctly unimpressed by the latest winding-up petition adjournment.

Bahamas urged to adopt corporate ‘rescue culture’

The Bahamas needs to begin moving towards a “rescue culture” and create Chapter 11 -style legislation that will allow companies to restructure rather than go into receivership or liquidation, a senior Bahamian accountant argued yesterday.

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Portraits draw the crowds to ‘Sports Legends Walk’

ONE of the highlights of last week’s naming ceremony of Mychal Thompson Boulevard was the unveiling of 28 specially commissioned portraits by Jamaal Rolle of Bahamian sporting stars adorning the “Sports Legends Walk” at the Queen Elizabeth Sports Centre.

Baha Mar liquidators: We won’t submit to Delaware

Baha Mar’s provisional liquidators have warned the Delaware Bankruptcy Court that they will not submit to its jurisdiction, and that they will challenge the “jurisdiction” of its decisions and Orders over them if necessary.

Ready to celebrate Pompey Day?

WITH the reconstruction of Pompey Museum well underway, the Antiquities, Monuments and Museum Corporation will hold a Pompey Day to celebrate the preservation of the country’s rich history.

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Union claims Atlantis seeking to terminate staff missing work for medical reasons

A HOTEL union yesterday warned the Atlantis resort against allegedly seeking to terminate employees who have missed work for medical reasons, charging that it would “fight” the company “tooth and nail” to preserve the jobs of workers at the Paradise Island property.

Lucayan Board refutes BREA ‘face slap’ claim

The Grand Lucayan’s Board yesterday defended itself from accusations that it had given “a reprehensible slap in the face” to Bahamian realtors over the property’s impending sale.

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Atlantis hosts launch of ocean pollution prevention initiative

ATLANTIS resort yesterday celebrated the launch of the first Seabin installed in The Bahamas, which aims to reduce ocean pollution.

MONTAQUE LIQUIDATORS 'FULL FORCE' IN CANADA

By NEIL HARTNELL Tribune Business Editor Liquidators for Owen Bethel's Montaque Capital Partners have been recognised by the Ontario Superior Court of Justice through a ruling given "full force and effect" throughout Canada, a move critical to enabling t

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Areas try to get back to normal

RESIDENTS, business owners, families and schoolchildren were trying to get back to normal life today in the wake of a major thunderstorm and record downpours which deluged Nassau, wrecking property, closing schools and leaving homeowners stranded.

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Insurers fearing ‘flood of claims’

Bahamian insurance companies were yesterday said to be concerned about a potential “flood of claims” as a result of Tuesday night’s heavy rains, as New Providence yesterday attempted to dry out and get back to business.

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Eleuthera's Pineapple Jam lineup 'entirely exciting'

As if a free afternoon and evening of the best of Eleuthera’s local bands was not enough, the Pineapple Jam has now landed the hot New Providence-based musical act Willis and the Illest.

GB Shipyard hires young professionals

FREEPORT, Grand Bahama – The Grand Bahama Shipyard has hired three young Bahamian professionals to permanent positions, employing Jeffery DeGregory, Natasha Bethel and Justan Campbell as a junior naval architect and junior planners respectively.

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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.

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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.

CAC Games: Defence key for men's national softball team

WITH a little more depth added to their pitching staff, manager Perry Seymour said if they can tighten up on their defence, the men’s national softball team should be able to perform very well at the Central American and Caribbean Games.Seymour, who

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FTX Bahamas demanding $9.15bn from US affiliates

FTX’s Bahamian liquidators are seeking to recover a total $9.15bn from the crypto exchange’s US entities with some 84 percent of this sum involving assets that were “misappropriated” prior to its late 2022 collapse.

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Bahamas 'not maximising' impact as tourism booms

The deputy prime minister yesterday admitted The Bahamas has failed "to maximise visitor spending", and retain more of this within its economy, despite a "booming" tourism industry whose numbers "have never been better".

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Swift Masters do Bahamas proud

SIX members of Swift swimming represented the Bahamas well at the World Masters Championships. The World Championships highlight both the club and country at the worlds’ largest meet.

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Mobile data subscribers increase over six-fold

Mobile data subscribers increased more than six-fold within one year following the launch of services by the Bahamas Telecommunications Company (BTC), it was revealed yesterday, with fixed-line Internet’s market penetration also enjoying a 22 per cent increase.