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Central Bank ease ‘won’t open mortgage avenue’

The Central Bank’s recently-unveiled regulatory easing is unlikely to “open up a new avenue of mortgages” being issued to Bahamian home buyers, a senior banker said yesterday.

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Bahamian pro basketball players in Euro spotlight

BAHAMIAN pro basketball players across various leagues in Europe produced season highs in early season play for their new clubs.

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ALICIA WALLACE: Join in the call for global strike and ceasefire for Palestine

This week, I am participating in the strike for Palestine, and I invite you to join for the remainder of the week if you are not already participating. This global strike week is about disrupting business as usual.

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EDITORIAL: Evidence there to check the facts

EVIDENCE is a powerful thing.

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EDITORIAL: Melia shutdown is a disaster for its staff

The news about the Melia Nassau Beach Resort could hardly be worse – it will close down for two years.

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Meditation – The sea

THINK of the uncontrollable power of a storm. Harvey is certainly making his presence felt in parts of Texas. In the face of such force we are reminded to be humble no matter how important we seem to be. Tragic loss of life is a sobering reminder of the many who have found themselves going to a watery grave.

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Tokyo Games ‘not going to start on July 24’

AS pressure continues to mount from athletes, member federations and healthcare professionals, one International Olympic Committee official gave the first indication that the 2020 Tokyo Games will be postponed due to the coronavirus COVID-19 outbreak.

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Chamber chief: ‘Don’t get sidetracked’ over investor confidence

The Grand Bahama Chamber of Commerce’s president yesterday urged the Government “not to get sidetracked” by the furore over the Prime Minister suggesting investor confidence is “waning”.

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NPBA: Divisional semi-finals set to jump off tonight

THE Patron Regulators and PJ Stingers survived their respective third and deciding games in the first round of the New Providence Basketball Association playoffs to advance to the divisional finals.

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Plane used for mail flights to Bahamas has a grisly history

A TURBOPROP plane once used to deliver mail to The Bahamas from Florida has been revealed to have had a grisly history – with political detainees in Argentina having been thrown from the vehicle to their deaths during the country’s 1976-98 military dictatorship.

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Exchange rate was 'never in jeopardy'

The Bahamas’ $838 million foreign currency reserves “are in line” with both their internationally-recognised adequacy benchmarks, the Central Bank of the Bahamas governor yesterday saying the one:one US dollar peg was “never in jeopardy” over the past decade.

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Family Islands: Half beat 110% pre-COVID target

Half the Family Islands boast hotels already beating forecasts that they will post room revenues equivalent to 110 percent of pre-COVID levels in 2023, it was revealed yesterday.

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Debt gobbles up 27% of Budget

MORE than 27 per cent of the Government’s total recurrent spending in the 2017-2018 Budget is going towards repaying principal or interest on the Bahamas’ $7 billion-plus debt mountain.

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BISX micro tier ‘not necessarily money making’

THE Bahamas International Securities Exchange (BISX) has admitted its planned micro-listing tier will be a loss-maker during its infant years, but believes the facility is essential to “bring the entrepreneurial spirit” into this nation.

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Obit

Angelo Arthur Rolle

Death Notice For Angelo Arthur Rolle, 95 a resident of Bailey Town, Bimini, died at his residence on Monday June 17th, 2013. Funeral services will be announced at a later date. Arrangements entrusted to Gateway Memorial Funeral Chapel.

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GAS DEALERS WANT 30 CENT INCREASE – Association: Govt discussed change to fuel margins

Petroleum retailers say they refuse to become "paupers" as they intensify demands for a 30 cent per gallon margin increase which they have been seeking to obtain from the Government since April 2022.

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Commonwealth Bank Giants complete perfect regular season

AFTER falling short of their ultimate goal the last two seasons, the Commonwealth Bank Giants completed a perfect regular season, but head coach Perry Thompson Sr said it won’t mean anything if they don’t go all the way and win the New Providence Ba

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NPBA ACTION HEATS UP

THE New Providence Basketball Association continued play at the DW Davis Gymnasium Tuesday night.Division IThe JD’s Seafood Shockers kept pace in the Vince Ferguson division and improved their record to 7-3 with a 74-67 win over the Leno Regulators.T