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Baha Mar gets $2m severance pay nod

Baha Mar yesterday obtained Bankruptcy Court authorisation to pay almost $2 million in severance monies, with July 20 now seemingly set as the date that will determine the fate of several thousand employees.

Investments Minister: Bahamas ‘in a mess by many measures’

A Cabinet Minister yesterday conceded that the Bahamas was “in a mess by many measures”, and warned that painful “radical surgery” was necessary to haul both the economy and society back on the right path.

VAT health claims change may drain foreign reserves

THE changed VAT treatment on health insurance claims payouts could further drain The Bahamas’ foreign reserves by driving patients to seek care outside the country, a senior executive warned yesterday.

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”.

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'Bahamas not ready for a white PM'

FORMER Cabinet minister Brent Symonette yesterday suggested the country was not ready for a white prime minister as he reiterated his call for a national discussion on race and wealth in politics.

Coral farm ‘showcase’ eyes 1m annual target

The Bahamian winner of Prince William’s £1m Earthshot prize yesterday disclosed it is targeting production of 1m coral pieces per year to help “showcase” this nation’s environmental credentials.

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BTC to 'radically attack' Cable on TV, Internet hold

The Bahamas Telecommunications Company (BTC) is planning to “radically attack” Cable Bahamas’ internet and TV dominance, having slashed new subscriber waiting time by 80 percent.

Auto dealers strike 10% 'convert' return

Auto dealers yesterday expressed optimism that they would double their monthly sales average in April as a result of the recent Car Show, with some having already hit their 10 per cent ‘conversion’ return rate.

Exuma real estate in '80-100% improvement'

Exuma has seen a “tremendous 80-100 per cent improvement” in its waterfront real estate market over the past two years, with a leading broker urging the Government to extend the duty-free building materials exemption for another year.

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Don't Blink: Star-filled home run derby set for tomorrow

THE third annual Don’t Blink/Charles Johnson Foundation Home Run Derby, powered by REV, takes place at noon tomorrow, Saturday January 5, 2020 at the Montagu foreshore, featuring 30 participants in this one-of-a-kind baseball exhibition. The star-fi

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Pinder surpasses 200 three pointers made

TYLER Pinder continues to deliver standout performances during his senior season and notched another career milestone.

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Cay Conference looking for Bahamian models and actors coming soon to Atlantis

ORGANISERS of a conference say they are looking for Bahamian models and actors to give them a chance in the big league.

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Businessman predicts further downgrade for Bahamas in 18-24 months

A leading businessman has predicted a further Wall Street downgrade of the Bahamas’ sovereign credit rating within the next 18-24 months if the Government does not move quickly to get its fiscal house in order, saying: “We have been living on borrowed money long enough.”

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Lathaniel Bastian posts his second double double in three games

LATHANIEL Bastian recorded his second double double in three games and his sixth of the season for the Angelo State Rams men’s basketball programme.

SPORTING MISCHIEF & MAYHEM: A mad March day for records and retirements

FROM time to time I like to look back at great sports achievements, occurrences and events in sports history.

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Bahamian players are ‘bright spots’ in NCAA Division I

BAHAMIAN basketball players at the NCAA Division I level have been brights early in conference play for their respective programmes.

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Ayton: We still have each other’s backs

DEANDRE Ayton continues to post historic shooting numbers in the NBA playoffs thus far, but his Phoenix Suns faltered down the stretch in game two as the defending champions evened their round one series.

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Jones looks forward to star-studded Euroleague roster this offseason

DESPITE a disappointing conclusion to the WNBA season, Jonquel Jones has a star-studded Euroleague roster to look forward to this offseason.

FIBA AmeriCup launches social media campaign

FIBA Americas looks to galvanise support for its upcoming AmeriCup through social media and the Bahamas Basketball Federation is on board with the new initiative as one of the participating programmes.

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COB survey says Bahamas Junkanoo Carnival made positive impression

A COLLEGE of the Bahamas survey into May’s inaugural Bahamas Junkanoo Carnival events concluded that most participants had a positive impression of the event.