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Baha Mar creditors: Over 90 per cent to be paid

Baha Mar’s secured creditor agreed to fund the $3.5 billion project’s completion because potential purchasers have told it they will not buy an unfinished mega resort, with more than 90 per cent of local creditors set to be paid.

Trial delayed as accused man is absent

THE Supreme Court trial into the armed robbery and murder of a Bertha’s Go-Go Ribs employee was halted yesterday by the absence of one of three men being tried in connection with the fatal shooting.

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Three held after $3.85m drug bust

THREE men are in custody after a multi-agency task force intercepted a go fast boat in waters off South Andros and recovered nearly four thousand pounds of suspected marijuana.

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Coleby, Rebels go home

Whether it was the quick turnaround from Tuesday night or the emotional and physical toll spent to earn a berth in the round of 64, the Ole Miss Rebels simply did not have enough to survive and advance.

International basketball players head into break with wins

TAVARIO Miller helped his club extend their win streak, David Nesbitt scored a season high, and Jaraun Burrows led his club into the break with another season high to highlight Bahamian basketball players in various leagues across Europe and South America.

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Nassau/PI hotels see 35% ‘business on books’ jump

Nassau/Paradise Island hotels are eyeing a 35 percent year-over-year increase in “business on the books” for 2023, it was disclosed yesterday, with “loaded” airline seats through June also up on 2022.

FTX Bahamas creditors to have first meet March 15

FTX’s Bahamian subsidiary will hold its first creditors meeting on March 15 at Baha Mar’s convention centre as its liquidators ramp-up efforts to return assets to their rightful owners.

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Ayton shows potential as Suns win 4 of last seven

THE Suns have won four of their last seven games and Deandre Ayton has exhibited the potential the franchise eagerly anticipated this season.The second year centre is averaging 21.3 points and 12.7 rebounds during that stretch. Ayton scored 20 points

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Cybots take 2-0 lead over Giants

FOR the second consecutive game, the Mail Boat Cybots found a way to beat the Commonwealth Bank Giants as they took a 2-0 lead in the New Providence Basketball Association’s best-of-seven championship series.  This time, the Mail Boat delivered the win from the free throw line.

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Rum facing devastating double whammy

EARNINGS and employment generated by the rum industry in 14 CARICOM countries and the Dominican Republic (collectively CARIFORUM) are under siege and the entire industry could be severely diminished in a few years unless the governments of these countries take swift action.

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Resistance top Eagles 93-87, Shockers rout Mingoes 91-71

THE Caro Contractors Resistance and JD’s Seafood Shockers pulled off victories in the New Providence Basketball Association’s double header played at the AF Adderley Gymnasium on Monday night.

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Exploring the meaning of womanhood

THREE best friends are set to reveal and restore the beauty of womanhood with the debut of their very first stage play entitled “She Shall Be Called Woman”.

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Jones and Sun topple Lynx in final game for Sylvia Fowles

JONQUEL Jones and the Connecticut Sun concluded the WNBA regular season with wins in nine of their last 11 games and head into the playoffs as a legitimate title contender.

Ignore the cries of the selfish Nassauvians

Traditionally, successive governments have been known to be Nassau-centric.

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junior Boy Comets cruise to 67-33 win over Kingsway

UNDEFEATED in the regular season, the Queen’s College Comets, a perennial powerhouse in recent years in the league’s Junior Boys basketball division, cemented their status as favourites to claim another title.

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Pro basketball player Dwight Coleby off to impressive start

DWIGHT Coleby is off to an impressive start with his new club - Heroes de Falcon - in the Venezuelan SuperLiga. The veteran frontcourt player is averaging 9.4 points and a team high 7.8 rebounds per game. He also leads the team in blocks at 1.6 per game, while shooting 53 percent from the field in 25 minutes per game.

Just 12% of mortgages finance 'new buildings'

New Central Bank of the Bahamas date has provided a further insight into the sluggish home construction market, with just 12 per cent of mortgage applications involving 'new builds'.

Severance pay for City Markets 'moot'

A RECENT Supreme Court decision involving a group of former City Markets employees in Freeport has made the issue of severance pay for former Nassau staff a "moot point," according to an attorney involved in the matter.

Mask producers mixed over import prohibition

Local face mask producers yesterday had a mixed reaction to the prime minister’s decision to ban the importation of non-medical rivals in a bid to stimulate domestic manufacturing. Oscar Cerna, a local tailor, told Tribune Business that the move wou