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Extradition documents must be certified before any appeal to Privy Council

A MAN fighting extradition to Florida after being accused of a woman’s manslaughter must have the records of the extradition proceedings certified before the Privy Council in London can hear his appeal.

25% of mortgage credit ‘past due’

Almost $1 out of every $4 mortgage dollars lent by Bahamian commercial banks was past due at end-October 2014, Tribune Business can reveal, as the Government moves to revive its “dead in the woods” relief plan.

Carnival to begin dredging within 90 days for mega cruise port in East Grand Bahama

Carnival expects to commence dredging in East Grand Bahama for its mega cruise port in the next 60 to 90 days, a Carnival Corporation executive told hundreds of residents gathered at the Grand Lucayan Resort on Thursday evening.

AML 'stops counting' at 2,000 resumes for 90 jobs

AML Foods yesterday told Tribune Business it had “stopped counting” after receiving over 2,000 applications for the 90 jobs that will be created when its Solomon’s Fresh Market store at Harbour Bay opens before Christmas, the situation highlighting why proposed Employment Act reforms should be shelved.

Banks see $49.5mbad loans decline

By NEIL HARTNELL Tribune Business Editor Bahamian commercial banks experienced a collective $49.5 million or 4.1 per cent loan arrears reduction in February 2012, it was revealed last night, although it is probably too early to herald the start of a cred

Parents need to take key role in education

Some public schools have seen student participation drop to “less than 50 percent,” Education Minister Jeff Lloyd revealed yesterday as he urged parents to take their children’s education more seriously.

Downtown 'disheartened' over cruise tourism wait

Downtown Nassau businesses are "disheartened" that cruise tourism may not return until the 2021 second quarter as the industry's passengers comprise up to 90 percent of their customer base.

BPL targets fall 2021 for rental generation end

Bahamas Power & Light (BPL) last night confirmed it aims to end its reliance on rental generation by fall 2021 in a move that would save long-suffering consumers $2m-plus per month.

Arawak Port repayment causes $41m loan fall

The Arawak Port Development Company’s (APD) repayment of its $43 million Royal Bank of Canada (RBC) bridging loan resulted in total bank commercial loans declining by $40.6 million in August.

Miller: top hotel owes BEC $10m

BAHAMAS Electricity Corporation chairman Leslie Miller said one of the country’s hotels owes BEC as much as $10 million in unpaid light bills.

'Lacklustre' tourism in 3% room revenue fall-off

Tourism suffered a “lacklustre” performance in February with total room revenues off 2.8 per cent, the Central Bank of the Bahamas attributing part of the decline to weather-related cancellations.

Tourism in ‘huge win’ on COVID test ease

Bahamian tourism was yesterday said to have secured “a huge win” after millions of dollars in visitor bookings were rescued by the Government suspending tougher COVID testing measures.

WORLD VIEW: Are people in the Caribbean becoming architects of their own destruction?

THE question has to be asked. Are some people in Caribbean countries becoming the architects of their own and the region’s destruction?

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.

Bahamian engineers told to seek more foreign JVs

Bahamian companies should seek foreign joint venture partnerships to present a more “complete package” to Government when bidding on contracts, a leading Bahamian engineer said yesterday, suggesting this was an area where many were ‘falling down’.

DELTA VARIANT NOW AT LARGE: Health officials confirm feared version of virus has been detected here

THE highly contagious Delta variant is the predominant strain in The Bahamas, the Ministry of Health confirmed yesterday, after getting back genomic sequencing results from samples sent to a laboratory in Brazil.

Ministry's 'strong support' for $100k VAT threshold

Increasing the compulsory Value-Added Tax (VAT) registration threshold to a $100,000 annual turnover has “strong support” within the Ministry of Finance, as it would still capture almost 98 per cent of economic activity.

Agnes Mirabelle Lowe

A funeral service for the late Agnes Mirabelle Lowe, age 90 of Palm Breeze Drive, Nassau, The Bahamas, who died at her residence on Friday, 27th April, 2018, will be held at Chapel Of Love, Kemp's Funeral Home Limited, Palmdale …

Emma Lucretia Cartwright

Mrs. Emma Lucretia Cartwright age 90 a resident Of Gray’s, Long Island died at the Princess Margaret Hospital Monday February 26th. 2018 Emma was Pre-deceased by her husband Delbert Cartwright Sr. and Daughter-in-law Debra, She is fondly remembered by her …

Month’s end closing for John S George

One of the Bahamas’ best-known and historic retail names is ceasing business at month’s end with the loss of “under 15 jobs”, its owner yesterday telling Tribune Business he had been unable to “make inroads” into the annual $1 million losses it was suffering when he took over.

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