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Union of Central Bankers members walk off the job
MEMBERS of the Union of Central Bankers walked off the job yesterday citing unresolved grievances with management.
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Bahamasair sees revenues fall 84%
Bahamasair’s revenues for the ten months to end-April 2021 plunged by 84 percent year-over-year, a Cabinet minister revealed yesterday, with taxpayers set to underwrite its survival via a $60m-plus subsidy.
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‘Major improvements’ needed on bank fees
Almost two-thirds of Bahamian businesses say the fees charged by commercial banks need “major improvements”, according to the findings of a Central Bank survey.
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‘Phenomenal’ tourism pick-up - but still below 2019 levels
A Cabinet minister yesterday hailed the “phenomenal rate of increase” in stopover visitor arrivals as a sign “tourism is bouncing back” even though the industry remains more than one-third below 2019 numbers
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FACE TO FACE: An independent voice on a different path within Christianity
RELIGION in The Bahamas has been dominated by Christian denominations; in fact, about 90 percent of the population ascribes to some form of Christianity. About 30 percent are Baptist, 23 percent are Pentecostal, 14 percent Catholic, 10 percent Anglican, five percent Seventh-Day Adventist, and four percent Methodist. The remainder includes various Christian and non-Christian religions like Greek Orthodox, Rastafari, Baha’i, Jehovah Witness, Muslim, Obeah and Hinduism.
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Water Corp sees cash collections decline by $6m
The Water and Sewerage Corporation continues to endure COVID-19’s “devastating impact” on cash collections which have decreased by 24 percent or nearly $6m year-to-date, its executive chairman said yesterday.
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Fisheries exports enjoy 19% value increase in 2020
Bahamian fisheries generated a 19 percent increase in the value of its export earnings in 2020 despite a reduction in the volume of domestic landings, a Cabinet minister disclosed yesterday.
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Kalik maker’s loss doubles as revenues decline 15%
Commonwealth Brewery yesterday blamed a 15 percent year-over-year revenue decline for its 2021 first quarter loss more than doubling in comparison to 2020 figures.
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Ayton and Suns advance to West Finals
A season of historic milestones will continue for Deandre Ayton and the Phoenix Suns in the Western Conference Finals.
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Marlins celebrate rising star ‘Jazz’ Chisholm Jr and Bahamian Heritage Night
THE Miami Marlins celebrated rising star Jazz Chisholm Jr and “Bahamian Heritage Night” at Loan Depot Park with a 4-2 win over the Atlanta Braves.
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Tax breaks renewal ‘definition of insanity’
An ex-deputy prime minister yesterday likened the blanket five-year renewal of all tax breaks under the City of Nassau Revitalisation Act as akin to “the definition of insanity”.
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Housing Act reforms ‘invite legal challenge’
An ex-deputy prime minister yesterday warned that legal reforms to facilitate Dr Hubert Minnis’ “young professionals” real estate developments are “discriminatory” and “invite legal challenge”.
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‘HOUSING PLAN JUST ISN’T FAIR’: Turnquest’s challenge to PM’s pet project on affordable homes
FORMER Minister of Finance Peter Turnquest has criticised Prime Minister Dr Hubert Minnis’ housing programme for western New Providence, calling the legislation to facilitate it “inherently discriminatory” and open to a court challenge.
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Criminal records of 28 expunged - with 85 pending
NATIONAL Security Minister Marvin Dames said the Bahamas Rehabilitation of Offenders Committee has expunged the criminal records of 28 people to date, with 85 applications pending.
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Murders up by 52%
MURDERS and armed robberies jumped by 52 percent and 42 percent this year compared to the same period last year, National Security Minister Marvin Dames said yesterday.
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Ayton and Suns beat Nuggets, take 2-0 lead
Deandre Ayton has drawn two of the toughest individual assignments of any player in the NBA playoffs with the Los Angeles Lakers’ Anthony Davis in round one and the newly minted league MVP, Nikola Jokic of the Denver Nuggets, in round two.
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Collegiate Baseball magazine names Stuart Freshman All-American
DAUNTE Stuart received another postseason accolade for his freshman season of milestones with the Northwestern State Demons Baseball programme.
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Mike Strachan ‘fits that wide receiver profile’
MIKE Strachan had a promising performance at Indianapolis Colts’ Organised Team Activities (OTAs) and had an opportunity to get repetitions with the first team on the field.
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Second phase of Sweeting’s Cay repairs underway
PHASE Two of the Sweeting’s Cay Home Repair Project is underway to repair 14 homes damaged during Hurricane Dorian two years ago.
