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Liquidator blasts own creditors committee
A Bahamian broker/dealer’s liquidator has resumed battle with his own creditors committee by blasting their criticism of his $1m-plus fees as “significantly lacking in substance, truth and accuracy”.
Bahamas senior men’s national basketball team sweeps USVI
THE Bahamas senior men’s national basketball team completed a sweep over the US Virgin Islands and advanced to the second round of FIBA World Cup 2023 Americas Qualifiers.
NPBA: YES, Commonwealth Bank Giants are undefeated
YOUR Essential Store (YES) and Commonwealth Bank Giants are both still undefeated in the New Providence Basketball Association.Coming off the Christmas break, the Giants highlighted NPBA action Saturday night as YES pounded the Triple K Stampers 105-
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.
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.
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.
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
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.
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.
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.
Eliminate VAT need via 70-80% tax compliance
The Tax Coalition’s co-chair has suggested that increasing tax compliance rates to 70-80 per cent under the existing system would eliminate the need for Value-Added Tax (VAT) or any other revenue reforms.
Digital banking can’t be ‘rammed down throats’
A senior banker yesterday said the industry must adopt the “Mary Poppins with medicine” approach in encouraging more Bahamians and businesses to switch to digital transactions.
Pensive about the global order
As the world is gripped by by Covid-19 pandemic, I find myself pensive about the global political, economic and social order.
WSC invites bids for water systems in Long Island, Crooked Island
WATER and Sewerage Corporation Executive Chairman Adrian Gibson on Wednesday invited bids for a project that will provide access to quality water supply systems in north Long Island and Crooked Island.
