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DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012

By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti

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.

Blue Raiders have the edge in Christmas Eve rumble

TO continue our series in the build up toward the 2015 Popeyes Bahamas Bowl, Aldo Amato, who covers Middle Tennessee Blue Raiders football for The Daily News Journal, offered his insight on the edge the team will have in the Christmas Eve matchup.

Baha Mar liquidator Order still awaited

Baha Mar was still awaiting the court Order appointing the joint provisional liquidators and spelling out their powers after the business close at 5pm yesterday, Tribune Business can reveal.

Baha Mar: Chapter 11 end undermines ‘commercial viability’

A Baha Mar director yesterday warned that the termination of its Chapter 11 bankruptcy protection had undermined the $3.5 billion project’s “commercial viability”.

‘Options running out’ rapidly on Baha Mar

A senior Chamber executive yesterday warned that “the options are running out” for a speedy resolution to the $3.5 billion Baha Mar dispute, with the project facing “great jeopardy” if the warring factions are unable to agree terms.

Liquidators reassure 1,000 Melia workers

Baha Mar’s joint provisional liquidators yesterday pledged that salaries and benefits due to the Melia Nassau Beach Hotel’s 1,000 staff would not be disrupted, even though the resort’s owner is one of the Baha Mar companies now under Supreme Court supervision.

Dozer Pros seal nail-biting 16-15 victory over the Joshua Knights

THE Archdeacon William E Thompson Park came alive to pulsating Junkanoo music minutes after Dozer Heavy Equipment Company’s Pros sealed a nail-biting 16-15 victory over Miller Construction’s Joshua Knights, enabling the “Southside Boys” to retain their prized Master Softball Association’s post-season laurel in sweeping style.

Evolution of Junkanoo and Rake 'n Scrape

“You cannot discover new oceans unless you have the courage to lose sight of the shore.”

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Sponsor sets sail once again with Family Island Regatta

FRESH from their sponsorship of the St. Valentine’s Massacre in Montagu Bay, the Bahamian Brewery and Beverage Company has announced their partnership with the organisers of the 62nd National Family Island Regatta that will be held in Georgetown, Exuma from April 21-25.

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Ed Moxey's daughter refused for second time in her bid to join the Bahamas Bar

THE daughter of the late cultural icon Edmund Moxey has filed for judicial review of the decision to refuse her application to the Bahamas Bar Council for a second time.

Cincinnati Reds sign players Munroe, Rolle

By BRENT STUBBS

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Christian Council denounces Carnival: 'Immodest costumes will lead to sins of the flesh'

THE government’s inaugural Bahamas Junkanoo Carnival has drawn more controversy, with the Bahamas Christian Council denouncing the “immodest” costumes for the planned event, saying the scant attire could lead to “fornication, promiscuity, rape incest” and other “sins of the flesh.”

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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”.

Sarkis fears Baha Mar ‘undervalued’ in sale

Representatives for Sarkis Izmirlian yesterday expressed concern that Baha Mar’s receivers were under such pressure that they might “undervalue” the project in any sale, and “abandon” potential assets.

Gov’t to seek new Baha Mar wind-up delay

The Government will today seek a further adjournment of its Baha Mar winding-up petition from the Supreme Court, with the next hearing likely to be pushed back to September 2016.

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Licensees concerned over back and forth between govt and GBPA

FREEPORT licensee Darren Cooper said licensees are not being used by anyone at the Grand Bahama Port Authority in its efforts to educate people about the Hawksbill Creek Agreement (HCA).

Political implications for West GB

From the outset I would like to extend sincere condolences to the family of the late West End and Bimini MP Obie Wilchcombe. His death is a grim reminder of the uncertainty and brevity of life on this side of eternity and the importance of living each day as if it would be our last, with our focus on the Lord Jesus Christ

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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.

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.