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Peace on da Street Basketball Classic starts on Monday

THE emphasis, as always, will be on providing an alternative activity for young men to do rather than getting involved in crime as Youth Against Violence and The Hope Centre stage another version of the Peace on da Street Basketball Classic.

Stopover tourists strike 94% pre-COVID levels

TOTAL air arrivals to The Bahamas in May hit 94.2 percent of pre-COVID’s 2019 high, the Central Bank revealed yesterday, with overall visitor numbers for the first five months of 2023 some 68 percent ahead of last year.

'Who's Next, I'm Next' Youth Games theme song

DYSON Knight, the charismatic and emotionally charged entertainer, has produced the theme song ‘Who’s Next, I’m Next” during the hosting of the sixth edition of the Commonwealth Youth Games.The Local Organising Committee indicated that it’s their int

‘AMBUSHED’: Police shoot three dead in car after they ‘fired at officer’

GRIEF stricken family members reacted furiously after police killed three of their relatives on Saturday after an officer was “ambushed” by gunshots. The deaths marked the country’s deadliest police-involved killing since three men were killed in the Blair Estates community in May 2019.

Baha Mar in $6m monthly value fall

Baha Mar’s value is declining at a rate of $6 million per month, a Supreme Court judge has revealed, with none of the purchase offers “anywhere near” to making its Chinese secured creditor ‘whole’.

50th Annual Heart Ball lives up to expectations

FOR THE 50th time around patrons at the Annual Sir Victor Sassoon Heart Ball enjoyed a night of glitz, glamour and fun. The ballroom at the Melia Nassau Beach Resort, last Saturday, was filled with shades of gold, black and cream.

FINCO net income triples despite $100m bad loans

Despite an almost $100 million-strong non-performing mortgage portfolio, Finance Corporation of the Bahamas’ (FINCO) 2013 first half net income more than tripled on the back of reduced operating costs and loan loss provisions.

Developer moves on 'alarming' 5% mortgage buyers

A New Providence real estate developer yesterday said a newly-launched in-house financing initiative was “getting good traction”, as it bids to solve an “alarming” situation where just 5 per cent of its buyers are obtaining mortgages.

Gov’t urged: ‘Outsource’ property tax collection

The Government was yesterday urged to ‘outsource’ real property tax collection to the private sector, a well-known businessman suggesting it was almost ‘uncollectable’.

Cable's $114.5m sets 'Markets milestone'

Exuma’s February Point project is aiming to hire a further 120-140 persons when construction work ramps up within the next two months, its owners yesterday telling Tribune Business the project was “moving a little faster than we anticipated”.

Jonquel, Liberty advance to WNBA playoff semifinals

WOMEN’S National Basketball Association (WNBA) player Jonquel Jones posted her second straight double double to complete the 2-0 sweep against the Washington Mystics last night.

FIBA World Cup ‘23 Americas Qualifiers postponed

WITH the impending impact of Tropical Storm Nicole on The Bahamas, FIBA and the Bahamas Basketball Federation announced the postponement of the latest window of the World Cup 2023 Americas Qualifiers.

CIBC’s corporate unit in 40% bad loan shrink

CIBC FirstCaribbean’s Bahamian corporate and investment banking unit saw non-performing loans shrink by almost 40 per cent in its 2016 financial year, as the bank continued its “solid” recovery from past credit provisioning.

Minister says Bahamians won’t be forced to take vaccine

HEALTH Minister Renward Wells stressed yesterday that Bahamians will not be forced to take a vaccine for COVID-19 while at the same time revealing his ministry has already drafted a “fully functional, laid out vaccination plan” developed over the past two months.

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