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Atlantis ‘very concerned’ on labour reforms impact

Atlantis last night said it was “extremely concerned” over the Government’s proposed labour law reforms, saying they represented “an intrusion” into companies being able to run their businesses.

Insurer’s $80m Matthew payout 20% off forecast

A top insurer yesterday said its total Matthew claims payout was likely to be 20 per cent less than originally estimated, as it warned that the Bahamas’ hurricane preparedness “cannot be business as usual”.

Time to go?

The recently concluded general elections in the UK have resulted in a majority Conservative government and the return to 10 Downing Street of Prime Minister David Cameron. At one point the now vanquished leader of the Labour Party, Ed Miliband, was considered neck and neck with the Conservatives by most polls, if not a majority. The results, however, were decisive and spoke volumes about just how the average electorate sees political parties and judges their manifestoes or charters for governance.

Third party politics: Changing of the guard at the Palace of Westminster

The Conservatives have new energy and impetus but are unsure how to respond to the UKIP threat while Labour’s weak, left-leaning leader is an electoral liability. As the starting gun fires on the race to next year’s General Election in Britain Peter Young forsees the end of voting on traditional two-party lines amid the political uncertainties.

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STATESIDE: Biden seeking to avoid gaffes

US President Joe Biden is known for avoiding live press conferences. In sharp contrast to his predecessor, Biden appears to believe that such largely unrehearsed sessions would expose him to more of the gaffes and errors that have occurred many times throughout his long public career – albeit without the crippling effect of some of his contemporaries’ mistakes and misstatements.

Failed broker paid 'excessive' cash to related parties

A Bahamian investment adviser collapsed into insolvency due to “mismanagement” centred on internal conflicts and the payment of “excessive cash” to related parties for client introductions. Ed Rahming, Pacifico Global’s liquidator, told the Supreme

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Amateur golfers take the spotlight in Cayman

THE 62nd Caribbean Amateur Golf Championships continued at the North Sound Golf Club in the Cayman Islands and several Bahamian golfers lowered their scores from the opening rounds.Team Bahamas includes nine golfers - Richard Gibson Jr, Pablo Nahmias

VAT hike puts further strain on cook-outs

“Cook-out” targets will have to increase due to the VAT rate hike, a well-known insurer yesterday warning that 85 per cent of healthcare costs will not benefit from planned tax exemptions.Emmanuel Komolafe, the Bahamas Insurance Association’s (BIA) c

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Bahamas’ FIBA 2022 AmeriCup qualification bid comes to an end

TEAM Bahamas experienced another fourth quarter collapse against Puerto Rico and saw their FIBA 2022 AmeriCup qualification bid come to an end.

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Family’s agony after Marco brother slain

THE man shot dead outside of his North Street home on Tuesday is Rico Archer, brother of 11-year-old Marco Archer, who was killed seven years ago.

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Cuban abuse trial still waits for answer over attendance by alleged victims

OFFICIALS in the Cuban detainee abuse trial are still awaiting a response from the Cuban government to their request to have two Cuban men attend the hearings in Nassau.

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Bahamas' 'best team ever' in World Cup qualifier 3rd leg

With their biggest task ahead of them, the Bahamas Basketball Federation has fielded its best team ever to play the third leg of the FIBA Americas’ World Cup qualifier.The team is already in Puerto Rico for the first of two games on Thursday when the

US will warn over crime

My prediction has happened. Two American tourists in Exuma robbed of thousands of dollars, another State Department Advisory will happen warning American tourists of the crime in The Bahamas.

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Freeport man accused over gun and drugs

A 34-year-old Freeport man was charged in Grand Bahama on gun, ammunition and drug possession charges yesterday.

TAGLaw bolsters offshore presence with addition of Bahamas firm

St. Petersburg, Florida, USA – TAGLaw, an international alliance of independent law firms, has recently named Delaney Partners as its member for the Bahamas. John K. F. Delaney QC, former Attorney General of the Bahamas, founded Delaney Partners, which has quickly established itself as a leader in offshore services and a variety of financial practice areas.

Bay St: 'Get on board or get out of the way'

An ex-Deputy Prime Minister yesterday said Perry Christie was effectively telling Bay Street stakeholders “to get on board or get out of the way” over Chinese plans to redevelop downtown Nassau, questioning whether the Government was trying to “socially re-engineer” the city.

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.

Donations pour in to Save our South

“THE Furniture Plus warehouse was empty last night, and look at it now. It’s filled to capacity for tomorrow for thousands of pounds of supplies to be flown out to those in such dire need.”

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.