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PRIVATE SECTOR LOAN DEFAULTS HIT $301M

By NEIL HARTNELL Tribune Business Editor Almost one-third of commercial bank loans to Bahamian businesses are in arrears, something the Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman described as a sign that economic recovery

Briefly

BC-US--Wall Street-Twitter Tumble/1494

Ayton posts double-double in 111-109 loss to Raptors

TORONTO (AP) — Deandre Ayton had 15 points and 17 rebounds, Devin Booker scored 30 points and Kelly Oubre Jr scored 18 for the Phoenix Suns in a 111-109 loss to the Toronto Raptors last night.

Japan trio all in action - but with mixed results

The trio of Bahamian players in the Japanese B-League were all in action over the weekend with mixed results for their respective teams.

Giants rout Stingers

The New Providence Basketball Association resumed its regular season on Monday night after taking a break for the Christmas holiday. The Commonwealth Bank Giants pulled off a rout and the Pyramid Food Rockets got by in a squeaker at the AF Adderley Gymnasium.

Bahamas in 5th place at Caribbean Amateur Jr Golf Championships

TEAM Bahamas will have much ground to cover if they hope to contend against the region’s top junior golfers.

Fortify coast for economic growth

The Bahamas’ growth and economic diversification “depend” on fortifying its coast against natural threats, the Inter-American Development Bank (IDB) noting that 60 per cent of its gross domestic product (GDP) is generated by these areas.

$9.4m increase 'no evidence' of moral hazard on mortgages

A leading banker believes there is “no evidence” to show the almost-$10 million May increase in mortgages between 31-90 days in arrears was produced by moral hazard relating to the political parties’ relief plans, adding that data indicates the bad credit situation is “bottoming out”.

Bahamas in Caribbean Amateur Junior Golf Championships

TEAM Bahamas opened the 26th Caribbean Amateur Junior Golf Championships on a favourable note with several round one performances leaving the coaching staff optimistic for the remainder of the event.

Bimini starts to rebuild after terror of storm

BIMINI residents were relieved yesterday to start the laborious, but bittersweet process of restoration with no casualties or injuries after hundreds were unable to evacuate before the devastation from the passage of Hurricane Irma.

Bahamas provider slams $20m crypto ‘fraud’ claim

A Bahamian financial institution and its affiliate yesterday slammed a $20m damages claim against them as “baseless”, denying they participated in a “conspiracy to sabotage” a virtual token issue.

BAHAMAS SUFFERS 90% FARMER DROP OVER 40 YEARS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THERE has been a 90 per cent decrease in Bahamian farmer numbers over the last 40 years, it was disclosed yesterday, with insurance said to be one of the "major concerns" for the in

BAHAMAS SUFFERS 90% FARMER DROP OVER 40 YEARS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THERE has been a 90 per cent decrease in Bahamian farmer numbers over the last 40 years, it was disclosed yesterday, with insurance said to be one of the "major concerns" for the in

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