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'Risk' broker may not return investor funds
There is a “legitimate risk” that a BISX-listed broker/dealer may not return funds caught up in a $340 million Ponzi scheme to their rightful owners, court documents obtained by Tribune Business have alleged.
US bankruptcy judge tells Baha Mar dispute parties to ‘keep talking’
THE bankruptcy judge hearing the Baha Mar Chapter 11 filing in Delaware on Friday outlined two possible middle-ground rulings on whether to dismiss the resort developer’s case and said he would present his decision as soon as possible, likely next month, according to report in The Wall Street Journal.
Hotels set to 'surpass banner years' by 2015
The Bahamian hotel industry believes it will approach its pre-recession “banner years” in 2014 and “surpass” them next year, its president said yesterday, with the sector’s confidence levels reaching 97 per cent.
Bran: 'Can't water out of stone' over health VAT
A former Democratic National Alliance (DNA) leader is blasting the Government's "misguided decision" to change the VAT treatment of health insurance claims payouts, arguing: "You can't get water out of a stone."
D’Aguilar: Health visa has worked for nation
TOURISM Minister Dionisio D’Aguilar has defended the government’s use of the travel health visa saying it has “worked well” for the country.
Disney: ‘We’ve struck right tone’ on Eleuthera project
Disney Cruise Line’s president yesterday asserted the cruise line had “really struck the right tone” in balancing economic development with conservation at a Lighthouse Point project it hopes to start this year.
Offshore sector 'reverses' decline via 12.6% growth
The Bahamas’ international banking industry had “reversed” the recession-induced balance sheet contraction by 2011, growing assets by 12.6 per cent that year.
Giants off to good start with 77-63 win over Shockers
THE Commonwealth Bank Giants, in their bid to regain their New Providence Basketball Association (NPBA) title that they relinquished to the PJ Stingers last year, have regained control of the early leaderboard with another impressive victory.
Preparations for NHI to go beyond January launch date
CHIEF Medical Officer Dr Glen Beneby said while National Health Insurance will be launched in January 2016, preparations to improve every aspect of the country’s health system will continue far beyond the implementation date.
Swimmer leaves hospital after record-breaking feat in Bahamas
CHLOE McCardel, the Australian ultra-marathon swimmer who recently swam nearly 80 miles from the southern tip of Eleuthera to New Providence, has been released from the Princess Margaret Hospital and is recuperating in a hotel, The Big T can confirm.
Swimmer leaves hospital after record-breaking feat in Bahamas
CHLOE McCardel, the Australian ultra-marathon swimmer who recently swam nearly 80 miles from the southern tip of Eleuthera to New Providence, has been released from the Princess Margaret Hospital and is recuperating in a hotel, The Big T can confirm.
Atlantis Crown Gynmastics Invitational Thursday at Atlantis
THE excitement is building for the hosting of the fourth annual Atlantis Crown Gymnastics Invitational. It’s all set to get underway in the Imperial Ballroom of the Atlantis resort on Paradise Island tomorrow.
Attorney General’s office begins medical insurance benefit enrollment; govt pledges to cover 80 percent
ATTORNEYS and Magistrates of the Office of the Attorney General will be provided with medical insurance, it was revealed yesterday.
100 youths enlist in guard scheme
NEARLY 100 young people from throughout the country that have enlisted in the Bahamas National Youth Guard programme are in Grand Bahama for three months of training at the Police College in Freeport.
CORONAVIRUS: National Track and Field Championships postponed until further notice
AS a precautionary measure due to the threat of the coronavirus in the region, the Ministry of Youth, Sports and Culture postponed its National Track and Field Championships on Thursday until further notice.
Jonquel scores 26 points, grabs 16 rebounds in win
JONQUEL Jones continues to be a major asset to the Bosnia and Herzegovina women’s national basketball team and led the side to their second consecutive win in the current window of FIBA EuroBasket 2021 qualification. Jones recorded 26 points and 16
POSTAGE STAMPS CELEBRATE MARINE LIFE
POSTAGE STAMPS CELEBRATE MARINE LIFE THE Bahamas Postal Service released a new series of 16 stamps yesterday depicting the marine life of the Bahamas. The new issue will remain on the market until the year 2017. The stamps range in price from five to 80
FOULKES: fire davis over workers' pay
FORMER FNM cabinet minister Dion Foulkes wants Philip “Brave” Davis, Deputy Prime Minister, fired over claims that Urban Renewal workers have not been paid since May.
Dames, Lightbourne to join Panthers prep programme
THE BC Christian Prep Panthers basketball programme is establishing itself as a pipeline for Bahamian talent and will add another pair of local student-athletes.
Bidder: Mobile licence process is ‘world class’
A leading contender for the Bahamas’ second cellular licence has described the bidding process as “world class”, and among the best of 50 such exercises he has been involved in.
