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Cuban protests to resume in Miami
Cuban protestors plan to resume their demonstrations against the Bahamas today in Miami.
Scotiabank chiefs visit Prime Minister
Scotiabank’s senior vice-president and head of the Caribbean region, Bruce Bowen, along with Scotiabank (Bahamas) managing director, Sean Albert, have paid a courtesy call on Prime Minister Perry Christie.
ZNS issues in Northern Bahamas
THE Broadcasting Corporation of the Bahamas yesterday apologised to its customers in the Northern Bahamas, advising them that the corporation is experiencing technical difficulties with its satellite uplink earth station which is affecting the transmitting signal strength in the islands.
Canada’s crime warning reinforces tourism fears
The upgraded travel warning on “high rates of crime” in the Bahamas, issued by this nation’s fastest-growing tourism market, yesterday reinforced the industry’s fears about the immense potential damage the recent surge in violence could cause.
Moody's: Gov't bank rescue costs 'modest'
The Government will only incur “modest” financial costs over the 10-year Bank of the Bahamas bail-out, an international rating agency praising its “swift action” to prevent any wider impact on the commercial banking system.
'The bleeding's stopped' on doing business ease
The private sector yesterday warned the Bahamas “can’t jump through hoops” over its rise in the World Bank’s ‘ease of doing business’ index, even though its 119th position means “the bleeding’s stopped”.Edison Sumner, the Bahamas Chamber of Commerce’
Sea level rise threat to 15% of Bahamas' GDP
The Bahamas is among the top four nations forecast to be hit hardest by rising sea levels, a rating agency warned yesterday, with up to 15 percent of annual GDP and 11 percent of its people in peril. Moody’s, unveiling an assessment about the long-t
BOB defeats ‘irregular’ $6m default judgment
Bank of The Bahamas yesterday emerged victorious in one of its two “highest risk” legal battles after a $6m default judgment against it was found to have been “irregularly” obtained.
Buddy Hield weighs in on basketball without borders
THE Bahamas is set to become the focus of the international basketball community as the NBA hosts its vaunted Basketball Without Borders programme in the capital.
IMF's corporate tax an OECD 'Trojan Horse'
The International Monetary Fund (IMF) may be acting as a ‘Trojan Horse’ for the G-20/OECD in pushing for the Bahamas to implement a corporate income tax, a former finance minister has warned.
Renewables 'unexploited' via paltry $4.6m spend
The Bahamas was yesterday said to have left its abundant renewable energy resources “almost entirely unexploited to date”, with just $4.6 million invested in the sector over the past seven years.
BOB in $18.6m SPV ‘solution’ two years ago
Bank of the Bahamas was eyeing a Bahamas Resolve-type solution to its ‘bad loan’ woes two years ago, having moved to transfer assets securing $18.6 million worth of troubled credit to an ‘off balance sheet’ vehicle in late 2012.
CBC U-16: Team Bahamas brings home the gold
BASED on the historic performance of the junior men’s national team at the recent Caribbean Basketball Confederation Under-16 Championships, the future looks bright for the country’s national team programme.
Team Bahamas named for the CAGC
NOT since the days of the “Young Lions” in the late 1970s and the “Young Lionesses” in the early 2000s has the Bahamas earned any major success at the Caribbean Amateur Golf Championships.
Golf teams feeding the needy in inaugural BFN Golf Tournament
WITH the demand increasing on a daily basis for those in need for food, the Bahamas Feeding Network is making an extra effort to raise at least $100,000 to be able to assist as much as they can by hosting its inaugural Golf Tournament on Sunday, September 25 at the Ocean Club Golf Club.
Caribbean hotel rivals beat Bahamas' 5% RevPAR rise
By NEIL HARTNELL Tribune Business Editor The Bahamian hotel industry's 5 per cent revenue per room (RevPAR) increase for the first nine months in 2011 was overshadowed by greater rises in many Caribbean competitors, as an industry consultant yesterday to
Caribbean hotel rivals beat Bahamas' 5% RevPAR rise
By NEIL HARTNELL Tribune Business Editor The Bahamian hotel industry's 5 per cent revenue per room (RevPAR) increase for the first nine months in 2011 was overshadowed by greater rises in many Caribbean competitors, as an industry consultant yesterday to
Bahamas bid for United Soccer League team
A PROFESSIONAL soccer franchise could be heading to the Bahamas as one of the leading leagues in North America looks to continue its expansion effort, The Tribune can reveal.
Bahamas 'behooved' to eye corporate tax
THE Bahamas has been urged to assess the feasibility of a corporate income tax without being forced into it by the Organisation for Economic Co-Operation and Development (OECD).Tanya McCartney, the Bahamas Financial Services Board’s (BFSB) chief exec
Govt close to new Oban deal
THE government is finalising several amendments to the controversial heads of agreement it signed with Oban Energies related to a proposed oil refinery and storage facility in East Grand Bahama, according to Labour Minister Dion Foulkes.