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Bad loans and credit decline threaten growth

Difficulties in one bank’s commercial loan portfolio seemingly sparked a $38.7 million deterioration in the sector’s ‘bad credit’ position during April, another month in which the Bahamian economy was “relatively subdued”.

Politics in the Bahamas

EDITOR, The Tribune.

James Rosco Major

Funeral Service for the late James Rosco “ACE” Major 59 years of Sunlight Cottage will be held on Saturday at St. Georges Anglican Church, Montrose Ave at 10:00a.m. Officiating will Father Kingsley Knowles, assisted by other ministers of the gospel. …

Diane Elizabeth Bethel

In loving memory of Diane Elizabeth Bethel, age 69, who passed peacefully at the Princess Margaret Hospital on Sunday, November 10, 2019. She is held closely in the hearts of her Husband: Captain Thomas A. Bethel; Daughters: Christina Cartwright, Cherie …

Young and Cavalry advance to semifinals

CHAVEZ Young and the Canberra Cavalry continued their recent streak into the Australian Baseball League playoffs and advanced to the semifinals.

GB Power: $28m damage from Joaquin-type storm

A Joaquin-style hurricane would likely impose $28 million worth of repair costs on Grand Bahama Power Company (GBPC), with its top executive defending the ‘storm insurance’ charge it plans to levy on customer bills.

Bonded warehouses 'good business all around', say dealers

Auto dealers believe it will be “good business all around” if recent Customs visits mark the first step towards being able to establish bonded warehouses at their properties.Fred Albury, the Bahamas Motor Dealers Association’s (BMDA) president, said

‘Speedy’ ambassador appointment

The Prime Minister is upping his game and dramatically speeding up his decision-making on the pressing affairs of state. Exhibit A in this regard is the “lightning speed” with which he has named an Ambassador to China.

Securities Commission may launch its own investigation into Alliance

THE Securities Commission of the Bahamas’ (SCB) executive director said yesterday that the regulator may look to undertake its own investigation of Alliance Investment Management (AIM) to determine whether any securities laws in the country have been broken.

COB launches Confucius Institute

THE College of The Bahamas (COB) in collaboration with the office of Chinese Language Council International (Hanban) and the Nanjing University of Information, Science and Technology has launched the Confucius Institute.

Crawfish season 'turning out to be the worst ever'

BAHAMIAN fishermen remain “extremely concerned” over potential clashes with Dominican poachers, while lamenting that the crawfish season to-date is “turning out to be the worst season ever”.Keith Carroll, the Bahamas Commercial Fishers Alliance’s (BC

Caribbean Tip-Off Classic schedule released

SCHEDULES have been released as anticipation builds for the newest initiative in Bahamian high school basketball featuring the best in international and local talent.The Caribbean Tip-Off Classic, presented by the Bahamas Basketball Federation, Carib

Official police statistics show 3% rise in murder

DESPITE a three per cent increase in murder last year, Police Commissioner Ellison Greenslade said yesterday that serious crimes in the Bahamas decreased by 18 per cent in 2014 compared to 2013.

Over $5m stolen from businesses in police cases

More than $5 million worth of cash and goods were stolen from Bahamian businesses in the 379 cases reported to the police during 2014, it was revealed yesterday.

Police ‘failed’, says Nottage

LAW enforcement has “failed” in attempts to lower the country’s murder count, National Security Minister Dr Bernard Nottage admitted yesterday.

Country not a better place if PLP win, survey says

ALMOST 100 per cent of Bahamians surveyed in an online poll do not believe the country will be in a better place should the Progressive Liberal Party win the next election, according to data from advocacy group Bahamians Awake.

Bahamians making great strides in the NCAA

IN their new surroundings as freshmen or transfers to major Division I NCAA basketball programmes, Bahamian players have made an immediate impact with their respective schools.

'Behaviour issues' generate 65% of employee firings

Almost two-thirds of employee firings in the Bahamas stem from ‘behaviour problems’, an Inter-American Development Bank (IDB) report has revealed, finding that “the lack of skills” among workers is the main barrier to their hiring.

NCAA: Buddy Hield has his best game of the season

Saturday was a successful day for Bahamian basketball players in men’s division I basketball programmes across the NCAA with standout individual performances and thrilling upsets.

Sands: $6.6m for clinic to see five patients a day

HEALTH Minister Dr Duane Sands yesterday accused the former administration of going forward with the $6.6m upgrade to the Smith’s Bay Clinic in Cat Island despite a nearly 40 per cent decline in visits to clinics on that island in the past decade.

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