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Offshore sector 72 times larger than Bahamas GDP
The Bahamian international financial services industry is 72 times larger than this country’s gross domestic product (GDP), an International Monetary Fund (IMF) study has estimated.
Sarkis to local creditors: Unite to pursue $192m
Baha Mar’s original developer yesterday moved to intensify pressure on the Government by calling on the several thousand Bahamian creditors to unite behind pursuit of a $192 million legal claim against the project’s contractor.
TOUGH CALL: The Yellow Brick Road or the road to Hell?
LIKE others, I spend a lot of time grazing on social media these days. Although you have to wade through muddy water, it is one of the best ways to gauge the opinions of a wide cross-section of Bahamians.
Sarkis’s latest Baha Mar offer ‘in vain’
Sarkis Izmirlian’s latest offer to purchase Baha Mar is in vain because the project’s receivers and secured lender cannot negotiate deals outside the Supreme Court-approved sales process, Tribune Business was told yesterday.
Bay Street - it’s wrong way round
Downtown Nassau is failing to exploit its prime asset because many Bay Street buildings “are facing the wrong way”, a Cabinet minister has told Tribune Business.
DIANE PHILLIPS: One death too many, please let this not be real
WHATEVER the cause of death, there can be no greater heartbreak than that of burying a child. Children are supposed to bury their parents. It’s not supposed to be the other way around.
Baha Mar to be sold twice as court process ends
BAHA Mar’s secured creditor has acquired the project from its receivers for a sum “substantially higher” than that offered by the top bidder, with the property essentially being sold twice as part of the process.
Gov’t wage bill’s $68m jump ‘not annual norm’
The Ministry of Finance's top official last night said the $68m year-over-year increase in compensation for government employees during the 2022-2023 fiscal year is "not an annual norm".
Police Farce: Audit exposes RBPF
RESEARCHERS who conducted a manpower audit of the Royal Bahamas Police Force flayed last year’s promotional exercise in their report while revealing the top-heavy Force needs 791 more constables to be more effective.
84-year-old woman strangled to death
THE death of an 84-year-old woman who was found at her home about two weeks ago has been classified as a homicide by strangulation.
Men’s national basketball team splits wins with Jayhawks
TEAM Bahamas, with the newest addition of Phoenix Suns guard Eric Gordon, split games 1-1 against the University of Kansas (KU) Jayhawks this past weekend in Puerto Rico.
FACE TO FACE: Holding hands with old friends from Harlem
In celebration of Women’s History Month, I had the privilege of being invited to speak at a special forum hosted by the Bahamian American Association.
PLP 'made provisions' for new morgue in Cat Island
PROGRESSIVE Liberal Party leader Philip “Brave” Davis made “provisions” for a morgue to be built on Cat Island during the last administration, PLP Chairman Fred Mitchell told The Tribune yesterday.However, these plans were stopped when the Minnis adm
Jonquel Jones posts double double in 84-63 loss
GRAND Bahamian senior Jonquel Jones posted a monstrous double-double of 27 points and 17 rebounds but the No. 22/20 George Washington women’s basketball team dropped a top-25 showdown to #15/10 Stanford 84-63 at the Cardinal’s Maples Pavilion on Saturday.
Renaldo's Ramblings: Week 11 picks
The “When Nobody Wins, Everybody Loses” Award presented by The Entire Referendum/Opinion Poll Hulabaloo - The Rams missed an opportunity to win and make the biggest statement win for the Sam Bradford era, while the Niners looked far too marginal against a team they should have dominated
Another award win for Jonquel
Jonquel Jones claimed another league wide award and her Connecticut Sun won their 10th consecutive game to improve their league leading record to 22-6.
First game for BGDBA title
ONE team was dominant all season, the other hit an incredible win streak at the right time, and now the two meet to decide The Bahamas Government Departmental Basketball Association title.
Cruise line blow to Straw Market
A MAJOR cruise line’s policy has prohibited tourists from taking straw craft purchased in Nassau onboard one of its ships for several weeks.
Major Pain: 'My last fight will be at my old school'
ONE of the most decorated fighters in recent Bahamian boxing history, Meacher “Major Pain” Major, looks to bring his career to a close with one final fight on the horizon.Via social media, Major announced his intentions to officially bring his career
Hield helps Kings hold off Westbrook, Thunder 117-113
SACRAMENTO, California (AP) — The Kings sprinted out to a big lead and used their up-and-down style to put Oklahoma City on its heels. Then they got a big lift from Buddy Hield’s perimeter shooting to finish off the Thunder.
