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Just 15% of insolvent broker’s assets located

An insolvent Bahamian broker/dealer’s liquidators have recovered just 15 per cent of its identified assets, while clawing back minimal sums from its former principal and overdrawn clients.

WTO to impact 20% of economy

THE Government will forego $40m in revenue under its first World Trade Organisation (WTO) offer, its chief negotiator suggesting that accession will impact just 20 percent of the economy.Zhivargo Laing, pictured, a former minister of state for financ

Bahamas ‘leads pack’ over digital adoption

A senior Royal Bank of Canada (RBC) executive yesterday hailed The Bahamas as “a bit of a bellwether” for the Caribbean on digital payments adoption with more than 50 percent of its local clients now using such channels.

No matching Customs duty fall from VAT

Wall Street is not anticipating that the introduction of a Value-Added Tax (VAT) will lead to a matching drop in revenues generated from Customs Duties, a prominent Bahamian accountant believes.

‘Buddy’ and Bahamas ready to face Venezuela

Although they have yet to “finalise” the team, head coach Chris DeMarco said the Bahamas coaching staff will select a “solid” 12-man roster coming out of this week’s training camp to play against Venezuela at the Kendal Isaacs Gymnasium on Thursday night.

Brady sets Super Bowl mark: Sixteen completions in row

INDIANAPOLIS (AP) -- Tom Brady has broken the Super Bowl record for consecutive completions previously held by his idol Joe Montana. The Patriots quarterback threw his 16th straight completion with a 12-yard touchdown pass to Aaron Hernandez on the opening

Cruise port chief eyes health visa efficiency gains

Nassau Cruise Port’s top executive says “there is an opportunity to create greater efficiencies” with the COVID-19 related health questionnaires and documents that cruise passengers must complete.

Conquerors, Crimestoppers pull off victories in NPBA

THE Police Crimestoppers and the Woodside Petroleum Conquerors both pulled off victories Tuesday night as the New Providence Basketball Association continued its regular season at CI Gibson Gym.

Jones and Sun top Sparks 84-75 in Game 1 of WNBA semi-finals

UNCASVILLE, Conn. (AP) — Alyssa Thomas had 22 points and grabbed 10 rebounds to lead a balanced Connecticut offence and the Sun opened the WNBA semi-finals with an 84-75 win over the Los Angeles Sparks last night.

Lightbourne and Dames lead KCKCC to upset over no.19 Pirates

THE Kansas Community College Blue Devils have opened the season with one of the most difficult schedules in all of junior college basketball and got their first upset win over a ranked team led by its talented Bahamian duo.

Munroe makes debut in Dominican Summer League

KRISTIN Munroe made his professional debut in the Dominican Summer League over the weekend and gave the Los Angeles Angels an early look at the productivity he hopes to bring to the organisation.

Bahamas to face Canada, US Virgin Islands and DR

TEAM Bahamas will face Canada, The Dominican Republic, and The US Virgin Islands in the first round of qualifying for the FIBA Basketball World Cup 2023.

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.

Officials believe cases “are levelling”

DESPITE a recent uptick of positive COVID-19 cases in New Providence, Chief Medical Officer Dr Pearl McMillan said data has shown that the island is experiencing a reduction of infected cases.

TECH TALK

• AMAZON has launched a paid streaming music service, the latest entry in an increasingly crowded field.

Buddy vs Tavario in Sweet 16

FOR the second consecutive year, the NCAA Tournament’s Sweet 16 features an unlikely matchup of two Bahamian players facing each other on the biggest stage in college basketball.

50 migrants held at Half Moon Cay

FIFTY illegal migrants were apprehended by law enforcement officials near Cat Island yesterday morning, according to the Royal Bahamas Defense Force (RBDF).

NPBA: Giants vs Rockets, Bucket vs High Flyers in Championships

BOTH championship matchups in the New Providence Basketball Association are all set and the quest for the 2018 title is down to its final series.The Commonwealth Bank Giants and Aliv Bucket Team advanced with wins on Wednesday night to conclude the s

Gov’ts signals ‘go close your doors’ on Bahamasair

A Cabinet Minister was yesterday said to have sent a “go close your doors” message to private Bahamian airlines by reaffirming unlimited government support for Bahamasair.

DNA: Economy suffering from double dependency

THE Bahamian economy is suffering from "double dependency syndrome" according to DNA leader Branville McCartney.

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