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36% of 'major' hotels at risk from sea rise

More than one-third of “major” Bahamian hotels will be impacted by just a one metre sea level rise, with a regional study calling for “serious and urgent” action to address the likely climate change impacts on this nation.

Ex-City Markets workersget $189k sale injunction

A GROUP of 10 former City Markets employees have obtained an injunction in the Supreme Court prohibiting the disposal of funds or assets worth $189,000 from the supermarket chain's pending sale to Super Value, according to court documents obtained by Tribune Business.

'Transformative' COVID leaves retailer targeting overseas expansions

A Bahamian retail entrepreneur says COVID-19’s “transformative” impact has spurred him to look at regional expansion with sales “30 percent off” as his businesses emerge from lockdown.Andrew Wilson, the Quality Business Centre (QBC) proprietor, told

Oil explorer: Just 20% of opponents from the Bahamas

The oil exploration battle further heated up last night after Bahamas Petroleum Company (BPC) sought to discredit an activist petition by asserting just 20 percent of signatories were local.

Police chief aiming to improve discipline

COMMISSIONER of Police Paul Rolle admitted the force has seen the level of discipline reduce over the years, something he wants to restore to higher levels. “The discipline over the years we’ve seen a reduction simply because I think we should have

NHI funding talks ‘almost concluded’

THE National Health Insurance Authority’s (NHIA) managing director yesterday voiced optimism that the cabinet’s concerns over National Health Insurance’s (NHI) funding mechanisms have been satisfied.

Two more killed in late night accidents

POLICE are investigating two separate traffic accidents that left two men dead and another man in hospital.

Survival rate shock for kids cancers

THE Bahamas faces a massive uphill battle to improve survival rates for children with cancer and other auto-immune diseases.

Prisoners to be interviewed over bus smash

INVESTIGATORS are expected to conduct interviews today with the eight prisoners who were on a prison bus when it collided with a jeep driven by an elderly woman on Thursday.

Buyers fight for British Colonial

PRIME Minister Perry Christie said yesterday that a buyer seeking to purchase the British Colonial Hilton was currently in its due diligence period, adding that a rival was “lurking in the background.

S&P questions Gov’t over US $300m bond

The Government’s decision to go to the international capital markets for a US$300 million bond yesterday appeared to be questioned by a Wall Street credit rating agency, which said there was “significant appetite” for its debt in the Bahamas.

BGDBA Playoffs: Crimestoppers, Panthers earn blowout wins on Saturday

The Police Crimestoppers and Ministry of Youth, Sports, and Culture (MOYSC) Panthers both earned blowout wins this past Saturday at the AF Adderley Gymnasium.

Tourism competition is not a guessing game

The performance of only five of the 14 independent Caribbean Community (CARICOM) countries are recorded in the 2015 Travel and Tourism Competitiveness Report published by the World Economic Forum.

Water Corp ‘pursues’ first price increase in 20 years

The Water & Sewerage Corporation (WSC) is “pursuing” its first price hike in nearly 20 years in a bid to narrow a profitability gap where it covers barely two-thirds of its operating costs.

Second Baha Mar SPV asset transfer

Baha Mar’s receivers and liquidators have left “no stone unturned” in their hunt for assets, quietly transferring a second tranche to the project’s secured creditor in December 2016.

Students lose math fear via web-based learning

The Bahamas Technical and Vocational Institute (BTVI) has been using Internet-based learning systems to reduce the fear of mathematics among its students. The subject has always been daunting for Darian Smith. Since high school, he always struggled w

Contractor 'grind' over Baha Mar pay delays

Bahamian contractors yesterday disclosed it was “a grind” to obtain timely payment for work done on the $3.5 billion Baha Mar project, with waits up to 90-120 days hitting cash flow and eating into already-thin profit margins.

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.

Cruise port's chair eyes 'missing 10%'

The chair of Nassau Cruise Port's ultimate parent says he is "90 percent-plus satisfied" with its $322.5m transformation as he waits to see it drive increased visitor spend and more passengers exiting their vessels.

90% of farmers 'disenfranchised' on land holdings

Almost 90 per cent of Bahamian farmers are effectively ‘disenfranchised’ because they do not own the land they use, a senior agricultural expert yesterday calling for a strategic plan to develop the industry rather than  “the regular ad-hoc approach”.

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