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Sexual assaults the most reported criminal activity on cruise ships making calls to the United States
ALLEGATIONS of sexual assault remain the most reported criminal activity on board cruise ships making calls to the United States, according to year-end statistics.
Offshore sector 72 times larger than Bahamas GDP
The Bahamian international financial services industry is 72 times larger than this country’s gross domestic product (GDP), an International Monetary Fund (IMF) study has estimated.
Survey gives the Bahamas positive report on perception of corruption
THE Bahamas was ranked favourably on a transparency scale placing 25th out of 175 countries in a newly released Corruption Perceptions Index produced by a global coalition, Transparency International.
Bahamas' corporate tax world's most 'corrosive'
The Bahamas yesterday received no credit for laws said to have raised compliance costs by 75-80 percent after its corporate tax policies were rated as the world’s most “corrosive”.
City Markets staff fight' must not happen again'
The City Markets debacle “must never, ever happen in this country again”, a representative for 350-400 of its former employees yesterday saying they would not accept “less than 80 per cent” of the severance pay due to them.
Safeguards against 'sinister' liquidations
CHANGES to Bahamian insolvency law will prevent directors/shareholders from putting companies into voluntary liquidation for "sinister reasons", a leading accountant yesterday arguing that the amendments bring this nation "into line with model international law".
Sebas’s Brickell in Govt PPP market
Sebas Bastian’s Brickell Management Group (BMG) has entered the public-private partnership (PPP) market through a contract to construct a new “multi-purpose” government office complex on Harbour Island.
GRAND BAHAMA HOSTS 29TH CONCHMAN TRIATHLON
THE 29th Conchman Triathlon was held on Saturday in Grand Bahama with Stefan Laursen and Elizabeth Shaddock emerging as the overall male and female champions.
Grand Bahama Power ‘very advanced’ on 20MW solar installation
Grand Bahama Power Company is “at a very advanced stage” in formalising four separate projects that will collectively provide 20 Mega Watts (MW) of solar generation capacity for the island’s grid.
Insurers 'sorry' for 15% hike . . . but it's worth it
Major Bahamian insurers yesterday warned property owners they face “a minimum” 15 percent premium rate rise in 2020 with Dorian-related claims set to hit peak estimates of $2bn. Patrick Ward, Bahamas First’s president and chief executive, told Tribu
Fire destroys home of 91-year-old
A 91-year-old grandmother is now homeless after a fire completely destroyed her house late Tuesday.
Timeshare resort seeking a buyer
A Freeport timeshare resort that has lost 80 per cent of its business due to loss of amenities and access associated with the Royal Oasis saga is seeking a buyer, while committing to staying open through 2016.
BISX-listed fund promises investors ‘far better’ 2015
The BISX-listed Bahamas Property Fund yesterday said 2015 will be “a far better year” for its shareholders, as it aims for a ‘double digit’ increase in occupancy levels at its flagship building in downtown Nassau by mid-year.
Exuma 56% 'willing' on mobile payments
More than half of Exuma residents are “likely” to use their mobile phones for financial transactions, making the island a fertile testing ground for the Central Bank’s digital Bahamian currency pilot.The regulator’s survey of Exumian payments habits,
AG to web shops: ‘Time to pay up’
The Attorney General yesterday warned the web shop industry it was “time for lawful taxes to be collected”, and said of the Government’s stance: “We’re ready to go to war.”
Buddy ties his career high 22
Nearly a week to the day when he set his career high, Buddy Hield equalled that mark last weekend as his efficient shooting continues for the Sacramento Kings.
Sports in brief
BASKETBALL
Cable urges industry unity on URCA ‘budget travesty’
CABLE Bahamas is urging its rivals to join the battle against “this travesty in budget increases” for the sector’s regulator whose downtown Nassau headquarters it branded an “albatross”.
Pinder erupts for 34 points in victory
TYLER Pinder continues to boost his profile on the prep basketball recruitment circuit at his new programme in Oklahoma.
CBC U-16 girls win opener, 59-54 over Suriname
THE Bahamas’ girls team picked up where the boys left off, winning their opening match in the 2016 Caribbean Basketball Confederation Under-16 Championships for Girls.
