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Miller: I’ll leave BEC when I want
OUTGOING BEC Executive Chairman Leslie Miller yesterday said his tenure will come to an end in about two to three weeks, but insisted that he will leave the corporation “when I want to leave BEC.”
The Hawksbill agreement - and its importance to Grand Bahama
FREEPORT would not be in existence without the Hawksbill Creek Agreement, which has given rise to major infrastructural and investment developments on the island of Grand Bahama.
Sarkis: ‘Impossible’ to run Baha Mar through liquidator
Sarkis Izmirlian has warned the Government that its plan to appoint a provisional liquidator will “make it impossible” to immediately open and operate a completed Baha Mar, since it will jeopardise key hotel and retail/restaurant tenant relationships.
Govt leaves talks blaming Baha Mar
THE government yesterday blamed Baha Mar’s refusal to provide a guarantee for additional lending as the only element that stood in the way of securing a deal for the completion of the $3.5bn mega resort after the Bahamas delegation left talks in Beijing empty-handed for a second time.
Baha Mar liquidator Order still awaited
Baha Mar was still awaiting the court Order appointing the joint provisional liquidators and spelling out their powers after the business close at 5pm yesterday, Tribune Business can reveal.
Baha Mar ‘sweetened’ Gov’t guarantee with equity stake on default
The Government was told it would gain an equity stake in the $3.5 billion project should Baha Mar default on its loan repayments and the Chinese ‘call in’ any sovereign guarantee made to resolve the current impasse.
Bahamas’ big night at Heat game
MIAMI, Florida - It was dubbed the ‘Bahamas Tourism and Baha Mar Theme Night’ and it was an opportunity to show off the Bahamas to the world.
Aruba pulls off 8-5 win over BVI
KELVIN Silvania, making the adjustment from playing baseball, cracked a pair of home runs to help Aruba pull off a 8-5 victory over the British Virgin Islands in the English Caribbean Amateur Softball Confederation’s first Men’s Softball Championship.
CROWDS COME OUT FOR CARNIVAL
THOUSANDS of revellers flocked to Taino Beach for two days of fun and live cultural performances, including the Music Masters semi-finals and All Star-Bahamian concert, as the first Bahamas Junkanoo Carnival got off to a successful start in Grand Bahama.
‘Disappointed’ by Freeport Gov’t committee members
The Opposition’s deputy leader is upset that the Government team determining Freeport’s future will be led by non-Grand Bahamians, while warning: “It’s never good to negotiate with the proverbial gun at your head.”
Gov’t seeks bids for underwriting of $250m notes
The Government is seeking bids from investment advisory firms to underwrite/manage the placing of “up to $250 million” in short-term securities into the Bahamian capital markets, Tribune Business can reveal.
Gov’t ‘forgets’ 10% spend cut vital for VAT success
Government policymakers have “certainly forgotten” that a real 10 per cent spending cut must combine with 7.5 per cent Value-Added Tax (VAT) if the Bahamas is to eliminate its fiscal deficits.
Christian Council denounces Carnival: 'Immodest costumes will lead to sins of the flesh'
THE government’s inaugural Bahamas Junkanoo Carnival has drawn more controversy, with the Bahamas Christian Council denouncing the “immodest” costumes for the planned event, saying the scant attire could lead to “fornication, promiscuity, rape incest” and other “sins of the flesh.”
Deadline arrives - and BAMSI still months away from being ready
NORTH ANDROS - FNM Leader Dr Hubert Minnis yesterday slammed the government over its failure to meet the proposed deadline for the opening of the new Bahamas Agriculture and Marine Science Institute (BAMSI).
Religious leaders: dispel gay marriage fears over referendum
PROPOSED constitutional reform will be successful if the government can dispel misinformation over alleged linkages to same sex marriage, Bahamian religious leaders said yesterday.
A COMIC'S VIEW: Let’s kiss and make up after the referendum
Okay ... time out everybody! Yes, I know there are still some hurt feelings post-referendum, and as a comedian I can’t deny enjoying the verbal jousts breaking out all over social media between Vote Yes and Vote No supporters.
Baha Mar payout process ‘opening legal floodgates’
The Democratic National Alliance’s (DNA) leader yesterday warned that the Baha Mar creditor payout process threatens to “open the floodgates” to litigation by foreign claimants, amid warnings that the Bahamas’ investment reputation is again under threat.
Miller backs resort and tells union to ‘carry their ass’
TALL Pines MP Leslie Miller yesterday railed against the tactics of the Bahamas Maintenance and Allied Workers Union, saying the BHMAWU “held a gun to the head” of Sandals Royal Bahamian Resort executives and is now reaping what it has sown with the “unfortunate” job losses of more than 600 resort employees.
A COMIC'S VIEW: The ups and downs of the Bahamas political world
I’ve got to keep it short and sweet this week. The NFL season is upon us, and in all honesty I can’t let these ‘jokey’ leaders of ours distract me from beloved Dallas Cowboys this week.
Govt’s Baha Mar deal ‘muddies sale process’
The Government’s purported deal with the Chinese for Baha Mar’s construction completion has only “muddied and confused” the situation further, an ex-Board member yesterday suggesting they were taking a ‘backwards’ approach to resolving the impasse.