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Retail’s 20-30% fall exacerbates tough economy
Retail sales declines of between 20-30 per cent for the 2015 half-year are compounding an already-weak investment climate that will now be hit by Baha Mar’s travails, a well-known businessman warned yesterday.
Bahamas to field 36-member team for the 17th Pan American Games
THE Bahamas will field a 36-member roster, representing five disciplines, at the 17th Pan American Games in Toronto, Canada, July 10-26.
Wrangle over extradition case delays
A MAN fighting an approved extradition request had an uphill task convincing Court of Appeal judges yesterday to further delay the hearing to facilitate the recovery of transcripts from the committal proceedings to assist his appeal.
Baha Mar demands $192m in damages
Baha Mar yesterday made good on threats of legal action against its Chinese contractor partner, swiftly launching a $192 million damages claim in the UK High Court against its ultimate parent.
Baha Mar creditor list masks Bahamian loss
Baha Mar’s creditors list fails to show the full extent of the damage to Bahamian businesses and economy, as several companies expressed fears about “getting anything” of what they are owed following the Chapter 11 filing.
Man admits cutting throat of Spanish teacher
A MAN yesterday admitted responsibility for the second time in a decade for the throat-slashing murder of a Spanish teacher.
PLP chairman: no answer on leadership ‘nonsense’
PLP Chairman Bradley Roberts was tight-lipped yesterday on mounting debate surrounding leadership succession within the party.
Swim Nationals: Swift dominates to take title for 5th straight year
SWIFT Swimming dominated the Bahamas Swimming Federation’s 2015 Royal Bank of Canada National Swimming Championships by winning the title for the fifth consecutive year at the Betty Kelly Kenning National Swim Complex over the weekend.
Davis the man to beat for PLP leadership, says Watson
FORMER Deputy Prime Minister Frank Watson said yesterday that Works Minister Philip “Brave” Davis is the “fellow to beat” if Prime Minister Perry Christie steps aside as leader of the PLP, but added that this depends on whether or not Mr Christie “endorses” Tourism Minister Obie Wilchcombe for the party’s leadership.
Trustees split over hotel union’s $1.5m pension fund debt
Pension fund trustees are ‘split down the middle’ over the hotel union’s failure to pay $1.5 million worth of contributions on behalf of its staff, Tribune Business can reveal.
Clubs and Societies 06262015
Caribbean BBQ Association. - More than 65 interested and eager chefs attended the Nassau Smoking Hot BBQ Training Camp on Wednesday at the College of the Bahamas.
Hyatt taking Baha Mar bookings from September 9
A HOTEL brand set to operate at Baha Mar when the resort opens following numerous delays has advised its guests that they are set to open within three months.
‘Time will tell’ if Carnival led to more promiscuity
CHRISTIAN Council President Rev Dr Ranford Patterson yesterday defended himself from previous criticism that suggested he was out of touch for saying that Bahamas Junkanoo Carnival would encourage “promiscuity, fornication, rape, incest and other sins of the flesh.”
Coach Todd to lead CTJBA Elites in AAU basketball tournament
THE CTJBA Elites, led by coach John Todd, are set to compete at the AAU basketball tournament at the ESPN Wide World of Sports in Orlando, Florida, July 26 to August 2.
Davis 'ready' for PM job
DEPUTY Prime Minister Philip “Brave” Davis emerged yesterday as yet another hopeful successor to PLP leader, Prime Minister Perry Christie.
Help Ranfurly children go back to school
RANFURLY Home Administrator L Alexander Roberts said he strongly believes “the Bahamian public would never allow the day to come” when the home would have to close its doors due to financial problems.
Butler-Turner would give PLP ‘greater run for their money’ than Minnis
FORMER Progressive Liberal Party Cabinet minister George Smith thinks Long Island MP Loretta Butler-Turner would be bigger competition for the PLP in the next general election than current Free National Movement Leader Dr Hubert Minnis.
PLP to hold convention at end of October
THE Progressive Liberal Party will hold its convention this year at the Melia resort during the last week of October, PLP Chairman Bradley Roberts told The Tribune yesterday.
URCA targets Cable 27% price increase decision in ‘first half’
Regulators aim to release a decision on Cable Bahamas’ bid for a 27 per cent basic TV price increase “within the first half” of 2015, after rejecting the company’s claim they are ‘sitting’ on the application.
CIBC regional restructure exercise 75% complete
CIBC FirstCaribbean International Bank’s regional restructuring exercise is about 75 per cent through its, its top executive adding that the process was largely complete in the Bahamas.