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Excess bank liquidity at $2.8bn by end-January
BAHAMIAN commercial bank surplus liquidity almost hit the $2.8bn mark at end-January 2023 even though the decline in the industry’s deposit base outpaced the contraction in domestic credit, it was revealed yesterday.
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THE KDK REPORT: Savour every moment spent with the ones you love
WE OFTEN learn life’s lessons, whether consciously or subconsciously, through our own experiences or by learning from what others have taught us but the lessons that resonate most deeply typically come from individual trials.
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INSIGHT: Govern for today, don't fight about 50 years ago
IT was a pleasure travelling around Nassau on Friday. Wherever I went, people were wearing the colours of the nation.
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EDITORIAL – Haiti policy: What happens next?
THE question “what happens next?” is very useful when examining public policy.
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Church forum divided over criminalisation of marital rape
THE proposed amendment to the Sexual Offences Act criminalising marital rape continues to receive mixed reviews from various Bahamian stakeholders.
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Governor: Income tax allows better targeting
The Central Bank’s governor says introducing an income tax will make it easier for the Government to focus investment incentives on target industries and direct social assistance to those most in need.
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Village Road auto dealer ‘in a pickle’
A Village Road businessman says he is “in a pickle” despite commerce returning with a “bang” as he seeks compensation for lost trade and damage to his property that he alleges was caused by ongoing roadworks.
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New Budget outlay finances 350 jobs
A newly-introduced $5.8m Budget outlay is financing the temporary employment of 350 persons who have largely been jobless since Hurricane Dorian struck three-and-a-half years ago, it was asserted last night.
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George Smith: PM did not deliberately mislead
FORMER Progressive Liberal Party Cabinet minister George Smith yesterday came to the defence of Prime Minister Phillip Davis for comments he made last week about the 1972 constitutional conference, saying he did not believe that Mr Davis would deliberately seek to mislead Parliament.
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Gov’t targets $15m egg self-sufficiency
The Government has not cut food security funding by 50 percent but is instead reallocating financing to a $15m project designed to make The Bahamas self-sufficient in egg production, a Cabinet minister has revealed.
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‘Enough is enough’ say gas dealers
THE vice president of the Bahamas Petroleum Dealers Association said to “stay tuned” as fuel retailers await government addressing a long-waited margin increase, saying the industry feels “enough is enough”.
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Bain and supporters try to demolish shanty homes
LINCOLN Bain and several of his supporters were stopped by police on Saturday when they went to a shanty town off Bacardi Road and tried to tear down illegal structures in the unregulated community.
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PINTARD QUESTIONS AG AUTHORITY OVER PAC: FNM Leader asks House speaker for intervention
FREE National Movement leader Michael Pintard says the opposition intends to seek intervention from House Speaker Patricia Deveaux in light of recent actions made by Attorney General Ryan Pinder with respect to the work of the Public Accounts Committee (PAC).
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Stingers vs Rattlers in final
36TH HUGH CAMPBELL BASKETBALL CLASSIC @ KENDAL ISAACS GYM
It was revenge time for the Sunland Baptist Stingers against their Grand Bahama arch-rivals Tabernacle Baptist Falcons, but it was all about earning the respect of the homecourt advantage for the CI Gibson Rattlers against the other Grand Bahama team, St George’s Jaguars.
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Two youths among four persons shot last week
A TEN-year-old boy who left home to purchase food was shot and injured on Friday.
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Bahamian athletes take spotlight at indoor track and field meets in US
IT was a big weekend for the various indoor track and field conference meets around the United States of America where Bahamians Terrance Jones, Antoine Andrews, Shaun Miller, Wayna McCoy, Anthaya Charlton, and Charisma Taylor were among those in the spotlight.
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FIBA: Team Bahamas falls to Panama 88-66
THE Bahamas men’s national basketball team wrapped up its final two games in the FIBA Americas World Cup Qualifier with another loss. The team, coached by Moses Johnson, John Nutt and James ‘Jimmy’ Clarke, suffered a 88-66 decision against Panama yesterday. The loss came after the Bahamas was handed a 117- 70 rout against Venezuela on Thursday in Caracas.
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‘Rubber hits the road’: 14 airports set for PPP
FAMILY Island Chamber presidents yesterday said “the rubber has hit the road” on critical infrastructure upgrades as they hailed the Government’s move to invite private sector bids on 14 airports.
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Bahamas needs to ‘sustain’ doubled GDP growth rate
THE Bahamas must double its average economic growth rate over “a sustained period” through an “aggressive” pursuit of the right foreign direct investment (FDI) opportunities.
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Digital entrepreneurs expose boating sector to innovations
BAHAMIAN digital entrepreneurs used the first-ever Bahamas Charter Yacht Show to showcase their products and services to potential customers in the maritime industry.