| The Tribune

Baha Mar becoming ‘huge white dinosaur’

A former Baha Mar director yesterday warned that the Government will soon “have a huge white dinosaur on their hands”, despite the project’s secured creditor promising that a solution is being developed.

YOUNG MAN'S VIEW: The daily disintegration that shows it’s time for a change

WHEN one looks at the state of affairs in The Bahamas, there’s no choice but to be disappointed in our governance and political processes, in how our society has disintegrated and degenerated in to what seems to be a wholehearted embrace of a dog-eat-dog culture and in the way we have generally regressed economically.

Nygard: Improper political dealing claims are ‘absurd’

Peter Nygard and his US attorneys yesterday slammed as “absurd” any claims that his dealings with the Christie administration have been improper.

INSIGHT: Leading questions

THE government last week added another level of uncertainty and ambiguity to the already emotionally-charged proposed constitutional vote by suggesting the process may be abandoned all together, despite its assurances to Bahamian women of its commitment to gender equality.

Receivers ‘delusional’ if thinking Sarkis’s offer can be beaten

Sarkis Izmirlian says efforts to ‘buy back’ his $3.5 billion development have been foiled because Baha Mar’s receivers have failed to provide him with details and “timelines” on the Supreme Court-approved sales process they are running.

A ‘breath of fresh air’ for Bahamas baseball

On October 7, 2014, the Bahamas Baseball Association and the Bahamas Baseball Federation agreed to resolve their lengthy dispute and work together for the common good of the sport.

IMF: Bahamas growth potential down 50% since millennium turn

The International Monetary Fund (IMF) says the Bahamas’ economic growth potential has fallen by 50 per cent since the turn of the century, with no sign of any immediate rebound.

Baha Mar creditors: Over 90 per cent to be paid

Baha Mar’s secured creditor agreed to fund the $3.5 billion project’s completion because potential purchasers have told it they will not buy an unfinished mega resort, with more than 90 per cent of local creditors set to be paid.

INSIGHT: Water torture - the drip, drip of Baha Mar dealings

Surprise, surprise. After 20 months of waiting the Government has announced a Chinese carve up of the stalled Cable Beach mega resort, Malcolm J Strachan says . . .

‘Faith in future’ up just 48 hours after FNM win

Top realtors believe the Free National Movement’s (FNM) election victory has delivered an instant boost to business and consumer confidence, and expressed hope the new administration will produce a more efficient and transparent approvals process.

Committee will probe BTC deal

MORE than five years after a deal was inked by the previous Ingraham administration to sell the Bahamas Telecommunications Company Ltd (BTC), the government yesterday moved a resolution in Parliament to establish a select committee to probe the controversial sale to Cable and Wireless.

Data deal critical to $88m PMH deficit

The “crashed” healthcare data contract was critical to cutting Princess Margaret Hospital’s $88m income deficit, which exists despite patient days being five times’ higher than in other Caribbean nations.

Dionisio: Other NAD tenants 'furious' at Mortimer treatment

The Minister of Tourism yesterday ‘doubled down’ on criticism of the former Nassau Airport Development Company (NAD) Board, saying other tenants were “furious” over one store owner’s perceived favourable treatment.Dionisio D’Aguilar, while modifying

Homes still unrepaired after hurricanes in 2016 and 2015

WITH the 2017 hurricane season opening on Thursday, Prime Minister Dr Hubert Minnis noted yesterday that there are still homes in a state of disrepair following 2016’s Hurricane Matthew and Hurricane Joaquin in 2015.This is despite a hefty loan in t

Bahamas facing multi-billion debt rise every five years

SUCCESSIVE governments will continue adding $1 billion-plus to the national debt every five years without structural reforms and greater GDP growth, an ex-finance minister saying: “I saw this coming 13 years ago.”

A YOUNG MAN'S VIEW: The PLP is rushing us towards a China crisis

Move over Christopher Columbus, the Chinese have come to conquer us …. one island at a time.

Govt would have earned only ‘miniscule’ VAT from Baha Mar

EDUCATION Minister Jerome Fitzgerald defended the Christie administration from backlash after it was revealed that Value-Added Tax (VAT) would not be applied on Baha Mar’s completion, telling ZNS News that the amount that would have been earned in this regard was “miniscule”.

All results / Stories

Sort By

Date

Authors