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DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012

By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti

DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012

By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti

T20 Cricket World Cup qualifying: Bahamas ends up in 5th place

THE Bahamas finished in fifth place with a 2-4 record at the International Cricket Council’s T20 World Cup Americas Qualifying event in Antigua and Barbuda.

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Sports in brief

THE Bahamas Lawn Tennis Association announced the names of the players who will be representing the Bahamas at the ITF/COTECC Pre-Qualifying World Junior Tennis Championship Event in the Dominican Republic March 11-17.

E-commerce firm gains 18k clients

A BAHAMIAN e-commerce company is set to launch its online store next month, a company executive telling Tribune Business yesterday that it had attracted nearly 18,000 customers to its electronic and mobile commerce market so far.

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University of the Bahamas Mingoes rout island game pros 89-70

COACH Baccus Rolle said he knew sooner or later his University of the Bahamas Mingoes would explode against the Island Game Pros. He just didn’t know when.

Bahamas urged to adopt corporate ‘rescue culture’

The Bahamas needs to begin moving towards a “rescue culture” and create Chapter 11 -style legislation that will allow companies to restructure rather than go into receivership or liquidation, a senior Bahamian accountant argued yesterday.

Sports Notes

THE most valuable players (MVP) in City Bowling League competition last night was a red hot Kevin B Williams of Genuine Knights who mowed down the pins for a 270 second high game and a gigantic 708 three game set.

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Strachan and Colts get set for offseason training

In less than a week, Mike Strachan and the Indianapolis Colts will begin their offseason training regimen in preparation for the 2022 season.

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‘Jazz’ placed on COVID-19 injured list

AS a precaution, Bahamian professional baseball player Jasrado ‘Jazz’ Chisholm was placed on the Miami Marlins’ COVID-19 injured list with flu-like symptoms on Monday, the Marlins’ announced on their website.

NASSAU DARTS ASSOCIATION - TEAM STANDINGS/MATCHUPS OPEN SEASON SCHEDULE (FEB. 8-12)

B-52's 5 -v- Panama Jack Bullshooters 7 B-52's- (4 Tons)- Doubles: Eric Eichmann Triples: Gilbert Gray 1T Singles: Gilbert Gray 40+, Eric Eichmann 32, Jeff Mitchell 40+, 1T (Alan Turnball 2T ) Bullshooters- (10 Tons)-Doubles: Timmy Bethel 1T, Davin

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6,000 restructure debt during 2019 first half

More than 6,000 Bahamian borrowers applied for debt consolidation loans during the 2019 first half, making it the most sought-after form of consumer credit by some distance. The Central Bank’s latest Lending Conditions Survey, released yesterday, re

Broker’s rescue questioned over $1.8m deficiency

The Securities Commission is questioning whether last-ditch efforts to rescue a Bahamian broker/dealer, which has admitted to misusing client monies, are “bona fide” given its $1.862 million solvency deficiency.

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INSIGHT: Let’s pick up the pace and get the work done now: Why are we waiting?

The transformation of the city of Nassau might seem slow in coming, but the work of the Downtown Nassau Partnership cannot go unnoticed. Slowly but steadily Nassau is being moved from a sleepy town into a world-classed port area for post-COVID tourists, be they here on business or vacation. The work will require a focus on culture and heritage, a physical redevelopment and a systematic effort to remake the city’s image.

Sarkis: $84m cut-off caused by CCA 'lies'

SARKIS Izmirlian has accused Baha Mar’s main contractor of causing an $84 million funding “squeeze” due to its desire to eliminate the “project watchdog”.Baha Mar’s original developer, in his $2.25 billion damages claim filed on Boxing Day, alleged t

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UB Mingoes suffer two losses at hands of USVI Buccaneers

THE University of the US Virgin Islands Buccaneers spoiled the homecoming celebrations for the University of the Bahamas Mingoes men’s basketball programmes as the visitors took both games in the weekend series.The Bucs took game one 102-85 on Friday

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A COMIC'S VIEW: Christie’s Baha Mar deal leaves a sour taste in the mouth

To the average Bahamian who follows major events in the country, this was a confusing week.

Realtor: Economic citizenship can lower Bahamian tax burden

A prominent realtor has renewed his call for The Bahamas to introduce economic citizenship, arguing it will create a new revenue source and lessen the tax burden on Bahamians.Mario Carey, the founder of Better Homes and Gardens Real Estate MCR Bahama

Montaque: Related parties owe 28% of 5.4m receivables

Some 28 per cent of Montaque Capital Partners’ $5.351 million receivables are owed by related parties in which its former principals, Owen Bethel and Edison Sumner, have continuing involvement.

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G-Ball Andre Rodgers National Baseball Championships back in NP

WITH the opening of the new Andre Rodgers Baseball Stadium, the Bahamas Baseball Association has decided to bring its G-Ball Andre Rodgers National Baseball Championships back to New Providence.