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AG unveils ambition for ‘near shore Delaware’

Insolvency practitioners yesterday said the Attorney General’s ambition for The Bahamas to become “the near shore Delaware of corporate structuring” was both “achievable” and “appropriate” if the correct reforms are made.

AML loses receiver bid over attorney's assets

An attorney and grandson of Sir Milo Butler has successfully fought-off a BISX-listed retail group's bid to appoint a receiver over his 25 percent interest in the family's trust.

Bahamasair partners with NFL Flag Bahamas

Bahamasair, the national flag carrier, is now officially on board with NFL Flag Bahamas and will sponsor Team Bahamas for the Pro Bowl Games scheduled for February 1-4 in Orlando, Florida.

EDITORIAL: Trump under fire - and furious

Two relatively unploughed fields of battle have now opened in Washington, DC for America’s most adept media manipulator. While President Donald Trump’s public 2017 fights with critics and erstwhile friends were largely limited to TV and print media, the worlds of books and movies have now been added to the public frenzy that is the current US presidency.

Do you want local government for New Providence?

THE government is conducting widespread consultation on the implementation of local government in New Providence. A national advisory committee was launched in April, according to a press statement, which explained the Minnis administration was hopi

Tributes paid to Larry Smith

TRIBUTES have poured in for Larry Smith, the well-known columnist who died on Sunday, as his family announced his funeral will be held this Saturday at the Bahamas National Trust’s Retreat on Village Road. Former Tribune managing editor John Marquis

S&P’s higher deficits on VAT ‘uncertainties’

Standard & Poor’s (S&P) has agreed that there are “indeed uncertainties” surrounding Value-Added Tax (VAT) implementation, and is less optimistic than the Government in projecting a 3 per cent fiscal deficit for 2015-2016.

$358m penalty for fraud with Bahamas 'alter ego'

A US judge has imposed a $358 million fine on the perpetrators of an alleged multinational fraud that he found employed a BISX-listed firm’s subsidiary as its “alter ego”.

Abaco resorts in up to 80% rebound despite difficulties

Abaco resorts yesterday said business has rebounded to almost 80 percent of pre-COVID levels as they bid to overcome staffing, housing and utilities woes created by Dorian and the pandemic.

Cat Island 'going to get whole hog'

Government officials yesterday pledged that Cat Island is "going to get the whole hog" when it comes to airport, roads and utilities upgrades and investments.

Nassau hotels eye strong Thanksgiving business

Atlantis executives yesterday said the resort is “slightly ahead” of last year’s Thanksgiving bookings as it gets set to host the sixth installment of the ‘Battle 4 Atlantis’ basketball tournament today.

Player dies after collapsing on field

By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net Fans and members of the New Providence Old-Timers Softball Association (NPOSA) suffered a big shock when versatile player Kent Forbes collapsed during

Power outage shuts private sector down

Businesses yesterday complained that the Bahamas Electricity Corporation’s (BEC) power outage forced them to close their doors for three-four hours, with some having to work late into the night on key documents.

Michael Dingman: a man who chased new horizons

Michael D. Dingman, the corporate leader, financier and philanthropist who organized what at the time was the largest initial public stock offering in U.S. history, died October 3 at his home in Lyford Cay, The Bahamas. He was 86 and Shipston Group L

NAUGHTY’S NFL PICKS - WEEK 9

LAST WEEK: 8-7 SEASON: 86-36

VAT alternatives 'don't generate revenue we need'

The private sector’s proposed Value-Added Tax (VAT) alternatives will not generate “the revenues we need” for a fiscal turnaround, a former finance minister argued yesterday, warning: “We’re running out of time.”

80% Parliament backing needed for spending rise

Fiscal Responsibility legislation must “make it extremely difficult” for the Government to exceed Budget spending forecasts, an outspoken businessman yesterday demanding that any increase require at least 80 per cent Parliamentary approval.

Buddy named Big 12 Player of the Year

BUDDY Hield continues to rewrite the history books for the Oklahoma Sooners and set new milestones for Bahamian basketball.

So, what news from capsize investigation?

In February, 2019 a boat left Haiti with reportedly 97 persons on board: The boat reported capsized and sunk in Bahamian waters in the Abacos. The media published the reports and told us that law enforcement in The Bahamas would be investigating this major incident. We have heard no more of the incident and the result of the investigation.

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