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Broken bone cuts Hield's season short
A fantastic freshman season from the Oklahoma Sooners’ Buddy Hield has been cut short and remains in jeopardy after the freshman guard suffered a broken bone in his foot in Monday night’s win over TCU.
Port's $15.2m Gladstone terminal open in '30 days'
THE Gladstone Road freight terminal is expected to be operational within the next 30 days, Arawak Port Development Company's chief executive said yesterday, adding that freight tariffs would have been 50 per cent higher if shipping facilities had been moved to the Clifton Pier port.
GDP boost from raising Bahamas' 60% Net access
GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said
GDP boost from raising Bahamas' 60% Net access
GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said
Baker's Bay alone a $1bn Dorian loss
Dorian-related insurance losses are “heavily skewed” towards Abaco with one resort development potentially accounting for $800m to $1bn worth of claims by itself. Charles Johnson, a Bahamas Insurance Association (BIA) council member, told the annual
Ragged Island to have 95 percent solar power by June
WORKS Minister Desmond Bannister said yesterday that in early June, 95 percent of power in Ragged Island will be generated “from the largest, most modern solar field” in the country.
Power back on in more than half of homes
BAHAMAS Power and Light Ltd (BPL) has restored electricity to just over 50 per cent of its customers in New Providence and has “substantially completed restoration” in the Family Islands, however officials said last night that given the level of damage from Hurricane Matthew they are unable to give an exact date for full restoration.
DPM hails 42% rise in FDI equity inflows
The deputy prime minister yesterday hailed a 42 percent year-over-year increase in foreign investors’ equity investments as confirmation that “The Bahamas’ economic turnaround has begun”.
Waltiea Rolle takes time out to meet 'Mother' Pratt
AS she gets prepared to be honoured by the Bahamas Hoopfest, the Bahamas’ first player to participate in the Women’s National Basketball Association (WNBA) Waltiea Rolle took the time out to meet Cynthia ‘Mother’ Pratt, the first female to serve as a
Cable predicting 130% profit growth to 2018
Cable Bahamas is forecasting that net income will increase by 130 per cent over the next five years as a result of its Florida expansion, with its US interests ultimately accounting for one-third of its bottom line.
Water & Sewerage loses court ruling on ‘double dipping’
A Supreme Court judge has ruled against the Water & Sewerage Corporation’s practice of docking the salaries of union members in a bid to end “double-dipping” in relation to sickness and maternity benefit claims, ordering that the corporation reimburse and/or refund all monies taken from union members as a result of the “ultra vires” exercise.
Attendance at public school now at 95 percent
ACTING Director of Education Dominique McCartney Russell revealed that the public school attendance rate for face-to-face learning is at 95 percent.
Bd Global Sports to host ‘Islands of the Bahamas showcase’
The Bahamas continues to be an attraction for major NCAA basketball and another event will be added to a stacked schedule this fall.
FTX Bahamas properties must fetch ‘80% of value’
All sales of FTX’s 35 high-end Bahamas properties must fetch a price that is “equal to or greater than 80 percent” of their broker-appraised values, it has been revealed.
PM’s Baha Mar meetings were ‘a PR exercise’
Prime Minister Perry Christie’s recent meetings with the parties to the $3.5 billion Baha Mar dispute were yesterday branded “a public relations exercise” by the Democratic National Alliance’s (DNA) leader, who agreed it amounted to “interference” with the project’s provisional liquidators.
Upcoming regattas get a boost
A pair of regattas received a boost to their fundraising and preparation efforts courtesy of the Ministry of Agriculture and Fisheries.
PM insists resolution to the Baha Mar saga is ‘imminent’
PRIME Minister Perry Christie has said he believes the Export-Import Bank of China is prepared to present a possible buyer for the beleaguered $3.5 billion Baha Mar resort, as he declared a resolution to the Baha Mar debacle is “imminent”.
Government hopes Baha Mar workers will be paid by end of September
THE government yesterday expressed “hope” that the claims of former Bahamian workers at Baha Mar will be settled by the end of next month, with all other claims to be dealt with by year-end.
Court filing sheds light on FTX fund transfers
FTX’s Chapter 11 lawyers applyed for a motion for the enforcement of an automatic stay from creditors in FTX proceedings due to shuffling of funds days prior to the chapter 11 filing, new court filings state.
FTX lawyers apply for creditors stay
FTX’s Chapter 11 lawyers applied for a motion for the enforcement of an automatic stay from creditors in FTX proceedings due to shuffling of funds days prior to the chapter 11 filing, new court filings state.