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Baha Mar appoints ‘restructuring’ chief
Baha Mar yesterday pushed forward with its Chapter 11 plans by seeking US court permission to appoint a ‘chief restructuring officer; while Bahamian attorneys spent a second day attempting to thrash out the powers its joint provisional liquidators will possess.
$315m lost in Baha Mar tax
IT is estimated that the government has lost $315m in tax revenue from the beleaguered Baha Mar resort due its opening delays and the court appointed receivership process, according to an economic impact report of the $3.5 billion property obtained by The Tribune.
Accountant opposed by own creditors committee
An accountant is facing opposition from his own liquidation committee as he bids to obtain over $1m in compensation for efforts to wind-up a collapsed Bahamian broker/dealer.
We’re ready to take a hit on sale price
THE government has given itself a little over a month to close bids for the sale of the Grand Lucayan, according to Hotel Corporation chairman Michael Scott.
US warnings ‘threaten core of our existence’
The Bahamas “must do everything in our power” to combat US crime advisories, the Chamber of Commerce’s chief executive warning yesterday: “It threatens the very core of our existence”.
Insurer 'praying' Abaco 90% paid in six months
A top Bahamian insurer was yesterday “praying” that 90 percent of Abaco’s Dorian-related claims will be paid out within the next six months given the scale of the island’s devastation. Anton Saunders, RoyalStar Assurance’s managing director, told Tr
Govt dives in to boost fisheries
The Government has unveiled measures to boost the $78m crawfish industry, with increased wholesale profit margins and greater Bahamian dive participation among the key targets. Michael Pintard, minister of agriculture and marine resources, speaking j
NPBA action continues at the AF Adderley gym on Wednesday night
THE New Providence Basketball Association closed out play at the CI Gibson Gymnasium over the weekend and will resume competition at the AF Adderley Gymnasium on Wednesday.
90 new cases of COVID-19, five additional deaths under investigation
The Ministry of Health reported on Thursday that there were 90 new cases of COVID-19 and five additional deaths under investigation.
Bahamian single women take brunt of COVID-19
Bahamian single women have born the brunt of COVID-19's economic devastation to lead the Caribbean on both job losses and "worsening diet", the Inter-American Development Bank (IDB) has revealed.
‘War zone’ culture leads kids to crime
EIGHTY-SEVEN percent of teens ordered by the court to attend group therapy sessions after committing minor violent crimes tested positive for post-traumatic stress disorder at alarmingly high levels comparable with soldiers fighting in the Middle East, a new Bahamian study has found.
Giants a series win away from 3-peat
By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net The Commonwealth Bank Giants are now just one series win away from three-peating as the New Providence Basketball Association (NPBA) champions. At DW Davis gym Monday night, the Giants retur
EDITORIAL: Trump polls rise despite poor leadership
The image of American President Donald Trump that seems universal is of him with a self-satisfied, smug smirk on his face. But as he careens carelessly around issues about which he studiously refuses to inform himself, he continues to threaten America’s place and standing in the world.
The CPSA's shakedown of the Minnis administration
SENIOR doctors of the Consultant Physicians Staff Association (CPSA) and the Public Hospitals Authority (PHA) remain in stalemate. Notwithstanding the assurances of CPSA doctors, the ongoing industrial action has the potential of exposing gravely ill Bahamians who depend on the Princess Margaret Hospital to unnecessary risks. Most Bahamians do not have the option of going to Doctors Hospital or other privately owned health institutions, simply because they cannot afford to.
Boutique hotel eyed by February Point purchaser
A boutique hotel is among the build-out options under consideration by the likely purchaser of Exuma’s February Point development, with ultimate ownership likely to vest in a consortium of new and existing homeowners at the project.
Nesbitt and club in top spot on 13-game winning streak
DAVID Nesbitt and his Minas Belo Horizonte club heads into Brazil’s Novo Basquete Brasil (NBB) mid-season break with a 13-game winning streak and the top spot in the league’s standings.
NPBA PLAYOFFS: Commonwealth Bank Giants teams take 2-0 lead
THE Commonwealth Bank Giants continued their undefeated season with another win over the University of the Bahamas Mingoes and their junior team, Your Essential Store Giants, also won over the Triple K Stampers.
NPBA: Giants rout Rebels 99-56, Eagles Nest nip the Pirates 88-87
THE Commonwealth Bank Giants continued their winning streak as they highlighted the New Providence Basketball Association’s doubleheader at the AF Adderley Gymnasium on Monday night. In the feature game, the Giants routed the Patmor Rebels 99-56 to
Cybots are number one
Once again, Brian “Tucker” Bain came through with the clutch pair of free throws down the stretch as the Mail Boat Cybots held off the Commonwealth Bank Giants 101-99 at the AF Adderley Gym Thursday night to secure their second New Providence Basketball Association championship title, adding to their first crown in 2009.
Bahamas advances to Tournament of Americas
Sebastian Gray saved his best game for the finale of the Centrobasket Under-15 Championship for Men yesterday, leading the Bahamas to a third place finish to secure a berth in the Tournament of the Americas.
