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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”.
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Exuma 56% 'willing' on mobile payments
More than half of Exuma residents are “likely” to use their mobile phones for financial transactions, making the island a fertile testing ground for the Central Bank’s digital Bahamian currency pilot.The regulator’s survey of Exumian payments habits,
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Brewery's concern on VAT 'price disruption'
Commonwealth Brewery has pledged to avoid “severe price disruption” to its Bahamian manufacturing and import operations from Value-Added TAX (VAT), its managing director warning that the reform needed “careful management”.
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Bahamas can’t pay $4bn costs for climate change
The Bahamas cannot afford the $4bn required to meet its pledged climate change targets without international financial, technology and other “capacity-building” support, it has admitted.
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BEC preferred bidder to Gov't 'within week'
The Government should “within the next week” receive recommendations as to who the preferred Bahamas Electricity Corporation (BEC) bidder(s) should be, Tribune Business was told yesterday.
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‘More than 37,000 Bahamians’ are living with diabetes
GIVEN the overwhelming number of diabetes cases in the Bahamas, the ACE Diabetes Support Group reaffirmed its commitment this year to continuously bring awareness and educate people on how the disease can be prevented and managed so that little to no complications occur.
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Downtown group hopes cruise ports ‘benefit all’
THE Downtown Nassau Partnership (DNP) yesterday said it hopes that the cruise port developments eyed for both Nassau and Freeport will benefit “all stakeholders”.
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Pipe maker to hire 90 for $1m plant build-out
A NEWLY-created PVC pipe manufacturer has pledged to hire more than 90 persons for the construction of its $1m Grand Bahama plant that is due to be completed by September 2024.
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Water Corp targets 'banner year' with $15m contracts
The Water & Sewerage Corporation is confident 2014 will be “the real banner year”, as it targets a further one million gallon per day reduction in water losses and the release of $15 million in construction contracts.
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Magnum Rolle helps Wyverns roar in Japan
AFTER joining his new club near the mid-season mark, Magnum Rolle has paid immediate dividends for the Passlab Yamagata Wyverns in Japan’s National Basketball Development League.
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Dream season ends for Lourawls ‘Tum Tum’ Nairn Jr and the Michigan State Spartans
THE dream season came to an end for Lourawls “Tum Tum” Nairn Jr and the Michigan State Spartans, one game short of a place in the national championship game.
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Team Bahamas suffers 3rd straight Davis Cup loss
THE Bahamas’ Davis Cup team has gotten off to a slow start at the American Zone lll Davis Cup in Asuncion, Paraguay. The team came into their third matchup of the week looking to bounce back after some tough losses to the Dominican Republic and Paraguay in previous games.
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MITCHELL: CHAIRMAN NEEDS PM’S SUPPORT – Fox Hill MP asks ‘why switch’ as he prepares ‘penultimate campaign’
FRED Mitchell suggested that if Prime Minister Philip “Brave” Davis does not support the victor of the Progressive Liberal Party’s upcoming chairmanship race, that person would struggle to function and carry out their duties as a vital party agent.
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ITF/COTECC U-12 tennis: Inclement weather halts play for Team Bahamas
TEAM Bahamas had a busy day yesterday in Santo Domingo, Dominican Republic. The tennis players competed in the beginning of the Billie Jean King Cup Americas Group ll tournament, and day three of the ITF/ COTECC U-12 Sub Region 3 competition.
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WSC seeks $100m for water upgrade
WATER and Sewage Corporation general manager, Glen Laville said WSC still has to invest upwards of an estimated $100 million to complete water main replacements on New Providence with the figure growing larger if the Family Islands are included.
Obit
Matriarch Mother Rosemary Kemp
Funeral Service for the late Matriarch Mother Rosemary Kemp age 81 years of Delaporte, West Bay Street will be held on Saturday, July 28th, 2018 at 1:00 p.m. at Greater Bethel Cathedral, Faith Way, Baillou Hill Road, South. Officiating will …
Obit
Shirley Mae King
Funeral service for the late Shirley Mae King age 81 yrs of Lightbourne Avenue off Farrington Road will be held on Saturday December 8th, 2018 at 11:00 a.m. Christ Community Church, Bellot Road East , Nassau. Officiating is Pastor Elvin …
Obit
Bro. Vernal James Brown
Funeral service for the late Bro. Vernal James Brown age 81 years of Garden Hill and formerly of Cat Island will be held on Saturday, March 17th, 2018 at 2:00 p.m. at Zion Baptist Church, East & Shirley Streets. Officiating …
Obit
Tyrone George Roberts
Funeral service for Tyrone George Roberts, 68 a resident of Cordia Ave. & formerly of Harbour Island, will be held at New Covenant Baptist Church, East West Highway, on Saturday, 20 January, 2018 at 11:00 a.m. Officiating will be The …
Obit
Cynthia Millicent Simms-Lightfoot
Funeral Service for Mrs. Cynthia Millicent Simms-Lightfoot, age 81 years, a resident of Guadeloupe Street, Golden Gates II, and formerly of Clarence Town, Long Island, will be held on Saturday, July 7th, 2018, 11:00 a.m., at Golden Gates Native Baptist …
