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‘Down-payments cut’ as bank removes indemnity
The Central Bank of the Bahamas (CBB) has released new “relaxed” lending rules for residential mortgages.
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Top sailor Spencer making some waves
Cartwright joins coaching staff at Brown University
Top sailor Spencer Cartwright has made a name for himself on the waters and will now look to make his mark as an assistant coach for the Brown University sailing team.
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DPM: Crime coverage woe ‘losing momentum’
THE Deputy Prime Minister yesterday voiced optimism that damaging media coverage of The Bahamas is “losing momentum” with major resorts reporting peak winter occupancies “in excess of 80 percent”.
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‘Uncle Lou’ Adderley set to be inducted October 14
THE late Deacon Leviticus ‘Uncle Lou’ Adderley will be among 10 individuals and one team to be inducted into Saint John’s University’s J-Club Hall of Honour on Saturday, October 14, as part of Homecoming festivities.
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Reverend Dr William Thompson ready for his 80th birthday
IT’S not everyday that a person reaches the age of 80 but for a man who has touched the lives of so many people in just about every sphere of life, the family and friends of the Rev. Dr William Thompson want to celebrate his milestone in a very special way.
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Nygard to take stand in his defence in sex assault trial
FORMER fashion mogul and Lyford Cay resident Peter Nygard is expected to testify in his own defence as his sex crime trial continues in Toronto, Canada.
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Puerto Rico routs Bahamas 86-67
FIBA 2025 AMERICUP QUALIFIER
After winning their opening game by 11 points on Thursday at the Coliseo Roberto Clemente Gymnasium, The Bahamas men’s national basketball team watched helplessly as Puerto Rico came to town and turned the tables with a 19-point rout.
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NPBA: High Flyers earn victories
THE Sand Dollar High Flyers division one and two teams added another victory to their win columns after defeating the Island Development Rebels and BIBT Great Whites on Wednesday night at the CI Gibson Gymnasium.
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Gov’t deserves fiscal praise but should now look to IMF
The Bahamas is now three years into a recovery from the devastating effects of Hurricane Dorian and the COVID-19 pandemic, which hit the country only four months apart in 2019- 2020 and wreaked havoc on the economy.
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Two-thirds say Bahamas can end cheques by ‘26
Almost two-thirds of Bahamians believe this nation could be ready for the elimination of cheque payments within the two-year deadline set by the Central Bank to review its goal.
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PI resort proposal expands units 46%
The former Paradise Harbour Club’s proposed redevelopment is being expanded to a seven-storey hotel featuring a 46 percent increase in units compared to earlier plans.
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'White hot' Cable Beach development 85% sold
A high-rise Cable Beach development was yesterday branded "white hot" with 85 percent of its first-phase units already sold even though its construction will only be completed in 2024.
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Banks see 30% profits increase
Bahamian commercial banks collectively enjoyed a 30 percent year-over-year profit increase to $109.2m during the 2023 second quarter due to rising interest income, it was revealed yesterday.
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Bahamas ‘still in good position’
The Bahamas men’s national basketball team may have dropped a “disappointing” game to Puerto Rico in their rematch of the FIBA 2025 AmeriCup Qualifier on Sunday night.
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Insurance regulator in blacklist ‘what if’ look
The Insurance Commission was yesterday said to be looking at “what if” scenarios to ensure insurers have access to sufficient reinsurance capacity if The Bahamas stays on Europe’s tax blacklist.
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Bahamasair partners with NFL Flag Bahamas
Bahamasair, the national flag carrier, is now officially on board with NFL Flag Bahamas and will sponsor Team Bahamas for the Pro Bowl Games scheduled for February 1-4 in Orlando, Florida.
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North Andros Power plant repairs cost $600k, as restoration continues
WORKS and Utilities Minister Alfred Sears said the cost of restoring power to North Andros after last week’s catastrophic fire at Bahamas Power & Light’s Nicholl’s Town plant is about $600k.
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Memphis in town for Battle 4 Atlantis
THE Memphis Tigers women’s basketball team, through their connection with Bahamian Olympic and world champion Shaunae Miller-Uibo, took advantage of their free day before the start of the Battle 4 Atlantis Tournament to host a basketball clinic for some of the local high school players.
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Bahamas to field its best team ever: FIBA Pre-Olympic qualifier August 14-20
With National Basketball Association’s DeAndre Ayton and Eric Gordon all committed to joining Chavano “Buddy” Hield and Kai Jones, the Bahamas is expected to field its best team for the Pre-Olympic Qualifier in Santiago de Estero, Argentina.
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Licensees concerned over back and forth between govt and GBPA
FREEPORT licensee Darren Cooper said licensees are not being used by anyone at the Grand Bahama Port Authority in its efforts to educate people about the Hawksbill Creek Agreement (HCA).
