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Judge approves petition for Baha Mar liquidators to 'prevent depletion of resort's assets'
JUSTICE Ian Winder said on Friday that his approval of the government's petition for the appointment of provisional liquidators for the stalled Baha Mar resort development was limited to preventing the depletion of the $3.5 billion resort's assets.
Hotels strike ‘glass ceiling’ on 15-20% room shortage
The Bahamas may be unable to fully meet tourism demand for 12-18 months due to a room shortage caused by up to 15-20 percent of available inventory being taken offline, a senior hotelier has revealed.
Woodside and Capers extend winning streak
DIANGELO Woodside and his Cape Breton Capers concluded the home portion of their Atlantic University Sport regular season and extended their win streak to five games.
Concerns that hotel tax breaks unduly exploited
A BAHAMIAN businessman has voiced concerns that foreign investors are unduly exploiting Hotels Encouragement Act incentives to obtain tax breaks on construction materials for large vacation rental properties.
A COMIC'S VIEW: The epidemic of fake news
I recently had a chance to have a candid and very informative conversation with Dr Duane Sands on ‘Talking Heads’ on Kiss 96 FM, a talk show I co-host with my better half Mary Jane, who you all know from mid-days on our sister station Y-98.
Over 1,000 firms escape mandatory VAT registration
The Government yesterday estimated it would lose over 1,000 mandatory Value-Added Tax (VAT) payers in increasing the registration threshold to $100,000, but would still “capture” almost 98 per cent of economic activity.
PLP chair branded ‘delusional’ as debt ratio soars to 78%
Bradley Roberts was yesterday branded “delusional” for asserting that the Christie administration had “rescued the Bahamas from the brink of the fiscal cliff”, after it emerged that this nation’s debt-to-GDP ratio ended 2016 at 78 per cent.
Minnis must be careful
The Free National Movement (FNM) administration of Prime Minister Dr Hubert Minnis once again finds itself in a rather awkward situation with the Bahamas Christian Council (BCC) and the entire Christian community.
Basketball player Trevone Grant making move to Acadia
THE basketball journey continues for Trevone Grant as he prepares to make the transition to the university level.
Jury discharged in Gibson trial for protocol breach
THE jury in Adrian Gibson’s corruption trial was discharged yesterday after a Supreme Court judge dismissed two jurors for failing to obey protocols.
Jurors sworn in after lengthy selection process in Gibson trial
A NEW jury was empanelled yesterday in Adrian Gibson’s corruption trial after a lengthy selection process that dismissed several candidates because of their ties to the accused or witnesses.
Court of Appeal rejects Adrian Gibson's constitutional motion
THE Court of Appeal rejected Adrian Gibson’s latest constitutional motion on Friday, paving the way for his corruption trial to begin on Monday.
Ministry pleased with sports tourism ‘heads in bed’ plan
THE Sports Tourism “Heads in Bed” initiative worked perfectly for the University of Kentucky, which brought more than 800 fans to support their Wildcats men’s basketball team here last week.
Ayton and Suns advance to West Finals
A season of historic milestones will continue for Deandre Ayton and the Phoenix Suns in the Western Conference Finals.
Buddy ties career high
His production as a member of the Sacramento Kings continues and Buddy Hield reached a new mark this week by tying an NBA career high.
‘Buddy’ scores team high 19 off the bench in loss
Chavano “Buddy” Hield showed little signs of rust in his return to action as the Sacramento Kings made their debut in the NBA 2019-20 season restart.
Gaither falls short of final place, Colebrooke seventh in his heat
TYNIA Gaither’s bid for a spot in the final of the women's 100 metres and Samson Colebrooke's attempt to get out of the first round of the men's 100m heat fell short on Saturday night at the 2020 Olympic Games.
Bahamas world's fourth largest IFC at $595bn
The Bahamas is the fourth largest international financial centre by assets, it was disclosed yesterday, with the $595 billion held by this nation’s financial institutions equivalent to 96 times’ gross domestic product (GDP).
New Defence Force vessels a fisheries 'bright light'
THE Government’s move to bolster the Royal Bahamas Defence Force’s (RBDF) fleet by purchasing nine new vessels was yesterday described yesterday as a “bright light” for Bahamian fishermen in the long-running fight against illegal poaching.
VIDEO: New RBDF ships to make maiden voyage next month
THE first of nine new Royal Bahamas Defence Force vessels will make its maiden voyage next month, National Security Minister Dr Bernard Nottage said yesterday.
