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Bahamas 'ass backwards' over oil negotiations
A well-known attorney yesterday said the Bahamas had done an “ass backwards” job in negotiations with the Bahamas Petroleum Company (BPC), arguing that the country should receive “no less than 60 per cent” of the proceeds if commercial quantities of oil were discovered.
Central Bank eyes digital B$ by 2021
THE Central Bank is aiming to roll-out a ‘test’ digital Bahamian currency by 2021, the Deputy Prime Minister disclosed yesterday, while slamming the banks for “forcing” electronic banking.K P Turnquest, in an address to the ComplianceAid Caribbean An
Mighty Matthew threatens heavy rains, high winds, huge surf and devastating storm surge
Mighty Hurricane Matthew has shrugged off its encounter with a landfall on the southwestern tip of Haiti between 7am and 9am on Tuesday morning, and remains an extremely dangerous Category 4 storm with 140mph winds as it plows north at about 9mph over the eastern tip of Cuba. Now Matthew is set to carve a destructive swath across The Bahamas.
Mobile data subscribers increase over six-fold
Mobile data subscribers increased more than six-fold within one year following the launch of services by the Bahamas Telecommunications Company (BTC), it was revealed yesterday, with fixed-line Internet’s market penetration also enjoying a 22 per cent increase.
Carnival Corporation: Staff on private cays are mostly Bahamian
THE Carnival Corporation has claimed staff on its private cays are mostly Bahamian in response to industry claims of an increasing trend of employing foreign workers.Chief Communications Officer Roger Frizzell responded to a Tribune inquiry sent to t
Jones on fire
Jonquel Jones continues to show why many pundits expect her to be one of the top players in the WNBA this season as she led the Connecticut Sun to a 2-0 start.
Jones named in tournament team
In his final season of prep basketball before his progression to the collegiate ranks, Kai Jones continues to build on his skillset and earn accolades.
New champions: Regulators rout Cybots 100-81 for title
It was a dominant performance over the course of the last three games of the series as the Mr Ship It Regulators unseated the two-time defending champions to take the New Providence Basketball Association Division I title.
Exchange rate was 'never in jeopardy'
The Bahamas’ $838 million foreign currency reserves “are in line” with both their internationally-recognised adequacy benchmarks, the Central Bank of the Bahamas governor yesterday saying the one:one US dollar peg was “never in jeopardy” over the past decade.
Financial services shed nearly 160 jobs in 2020
The Bahamian financial services industry shed almost 160 jobs in 2020, a Central Bank report has revealed, with the banking sector suffering multi-billion dollar declines in “balance sheet” and “fiduciary” assets.
Bahamas must offer more to increase cruise yields
The Minister of Tourism says that while cruise passenger spend in the Bahamas has increased, this nation must offer more visitor experiences to increase per capita yields.
Gov’t Joaquin costs could exceed $56 million
Prime Minister Perry Christie said yesterday that the total cost to repair government buildings and infrastructure damaged by Hurricane Joaquin has been pegged at $56 million, although this could drop to $34 million depending on which option is chosen to repair Acklins’s roads.
Roberts: PLP the only party with a plan to tackle crime
DESPITE this year’s murder count outpacing last year’s figure, Progressive Liberal Party Chairman Bradley Roberts said yesterday the PLP is still the only party with a plan to tackle this nation’s crime problem.
BAHAMIANS LEAD KNIGHTS TO HISTORIC SEASON
Their storybook season and playoff run ended this weekend, but a dynamic trio of Bahamians led the Niagra College men’s basketball programme to a historic season.
Buddy one of best in Big 12
As he entered his junior season with the Oklahoma Sooners, expectations loomed high for Buddy Hield and the Grand Bahamian native has delivered.
Munnings advances to league final, Knowles returns after ruling
TRAVIS Munnings and his Portuguese club advanced to the league final while Zane Knowles and his Bulgarian club received a favourable ruling in arbitration to keep their playoff hopes alive.
The money makers
The contents of this letter are for those persons, who are aggrieved and will most likely lose money due to the incompetence, malpractice and negligence of attorneys and business persons in and out of the Bahamas.
Union leaders pay their respects to Paul Adderley
AS THE country continues to mourn the passing of former Attorney General Paul Adderley, union heads praised his contribution to the Bahamas.
Deyton Albury cans 22 in season opener
DEYTON Albury was a role player for the Chipola College men’s basketball programme as a freshman, but began his sophomore campaign.
Richardson and Giants close out 3-1 series win over ‘Jazz’ and Marlins
ANTOAN Richardson’s San Francisco Giants got the best of Jazz Chisholm Jr’s Miami Marlins in the second series between their respective franchises in as many weeks.
