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Grand Lucayan sale offers tourism rebirth
The potential rebirth of Grand Bahama’s hotel product moved a step closer yesterday as the 409-acre Grand Lucayan resort was placed on the auction block, an adviser saying: “It’s the right time and place to come to market.”
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IT miss exposes NHI to ‘US-fraud levels’
A well-known physician yesterday warned that the National Health Insurance (NHI) scheme could be exposed to “US-style fraud levels”, after the Government admitted the necessary IT system will not be ready for its January 2017 launch.
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Fidelity 'turns on a dime' via 67% profit rise
Fidelity Bank (Bahamas) yesterday said its ability to “turn on a dime” gave it a competitive advantage over larger commercial banks, although it conceded it had “taken many years” to deliver 2012’s $6.4 million comprehensive income.
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Govt raises deficit estimate to $100m
The Government yesterday forecast a more modest pace for fiscal consolidation, projecting a higher $100 million GFS deficit for the upcoming 2016-2017 Budget year compared to its estimates a year ago.
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Mortgage approval rate drops to 43%
MORTGAGE loan approval rates have been slashed in half to 42.6 per cent in just two-and-a-half years, highlighting the commercial bank retreat from the vital Bahamian housing market.Data produced by the Central Bank of the Bahamas’ research departmen
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FIBA AmeriCup launches social media campaign
FIBA Americas looks to galvanise support for its upcoming AmeriCup through social media and the Bahamas Basketball Federation is on board with the new initiative as one of the participating programmes.
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Bahamas First suffers $6.5m bottom line hit
BAHAMAS First Holdings' (BFH) chief executive yesterday expressed concern about the "unprecedented" level of fire claims the general insurance group incurred in 2011, telling Tribune Business that together with Hurricane Irene-related losses these produced a collective $6.5 million bottom line hit.
Obit
Minister Doritt Vernice Grant
Funeral Service for the Late Minister Doritt Vernice Grant, aged 85 years of Yamacraw Hill Road, will be held on Saturday September 26th, 2015, 10:00 a.m. at Church of God of Prophecy East Street Tabernacle, East Street. Bishop Franklin M. …
Obit
Lorrene Louise Higgs
Funeral service for Mrs. Lorrene Louise Higgs, 88 a resident of #26 Current Road, Yamacraw Estates & formerly of Simm's, Long Island will be held at Transfiguration Baptist Church, Market & Vesey Streets, on Saturday 27th February, 2016 at 11:00 …
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NPBA: Giants squash Marines 132-73
THE New Providence Basketball Association ended the first segment of its season on a high note with a pair of marquee matchups Saturday night at the DW Davis Gymnasium. The league reopens play on January 3.
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Battle for Bimini begins
AFTER a competitive regular season, the New Providence Basketball Association is gearing up for the post-season as the teams vie for a chance to compete in the Bahamas Basketball Federation’s national round robin in Bimini in April.
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Summit scales peak in 72% profit growth
A Bahamian insurer believes it will be “challenging” to repeat a 2015 performance which saw its net income increase by 72.3 per cent year-over-year.
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Bahamians warned: 'Brace' for 15-20% premium rises
Bahamian businesses and households were yesterday warned to “brace” for insurance premium increases of up to 15-20 per cent as a result of the 2017 hurricane season.Property and casualty insurers warned of potentially “significant” rate increases as
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Tax evaders told: 'Your time is up'
The Ministry of Finance’s top official yesterday warned invoice fraudsters and tax evaders that their time is up, as he pledged: “The days of friend and favour are over at the border.” Marlon Johnson, pictured , acting financial secretary, said ther
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Anfernee Seymour earns All-Star appearance in MiLB
A STELLAR season for Anfernee Seymour thus far has earned him an All-Star appearance in his second season of Minor League Baseball.
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First land-based commercial coral farm opens in Freeport
CORAL Vita – the first land-based commercial coral farm in the world - was officially opened on Friday in Freeport, creating a new sector of sustainable aquaculture and innovation for reef restoration in Grand Bahama and The Bahamas.
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Bimini project: construction workforce only 10-30% Bahamian
The 45-60-strong construction workforce for Resorts World’s Bimini cruise terminal and jetty is expected to have just a 10-30 per cent Bahamian component, the project’s Environmental Impact Assessment (EIA) has revealed.
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GSSSA volleyball champions crowned in all four divisions
THE Government Secondary Schools Sports Association (GSSSA) crowned its 2016 volleyball champions in all four divisions at the DW Davis Gymnasium last week.
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Jonquel leads her team into title series in WCBA
JONQUEL Jones’ offseason in China has seen her become one of the league’s most dominant players as she leads her team into this weekend’s Championship series.Jones leads the Shanxi Xing Rui Flames into the championship of the Women’s Chinese Basketball Association for a best-of-five matchup against the Beijing Great Wall.
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Elite, developmental sports programme supports athletic achievement at The Lyford Cay International School
STUDENTS with exceptional athletic ability at The Lyford Cay International School (LCIS) now have new support for their ambitious goals: The Elite and Developmental Sports Programme (EDS).
