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Tabernacle Baptist Falcons win Hugh Campbell Classic
Tabernacle Baptist Academy Falcons, behind the game high 27 points from most valuable player Franco Miller, held off the CI Gibson Rattlers 58-52 to clinch the 35th Hugh Campbell Basketball Classic victory at the Kendal Isaacs Gymnasium last night.
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90% of workforce has existing loans
Around 90 per cent of the Bahamian workforce have existing loans to service, although the number of active accounts has declined by 12.7 per cent over a five-year period.
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$150M TRUST URGED TO RESCUE HOUSING MARKET
By NEIL HARTNELL Tribune Business Editor The Government was yesterday urged to invest $100-$150 million into a Foreclosure Trust as a way to solve this nation's mortgage/housing crisis, a well-known businessman telling Tribune Business that the returns g
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‘Subdued’ 2017 start for tourism industry
The Bahamian economy endured a “soft” January amid “constrained” tourism output, with passenger traffic passing through Lynden Pindling International Airport (LPIA) up just 0.1 per cent year-over-year.
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Bahamas First fights off IT system hackers
A major Bahamian insurance company has revealed it almost fell victim to computer hackers “during the height” of the COVID-19 pandemic’s lockdown. Bahamas First, the property and casualty underwriter, revealed in its just-released 2019 annual report
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Rangers parade in Eleuthera
FOR the first time in the history of the Royal Bahamas Defence Force’s (RBDF) Rangers Programme, the island of Eleuthera witnessed a Rangers passing out parade ceremony.Eleuthera contributed 86 of the country’s youth to the Rangers Programme from Nor
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Mortgage Corp still stuck at 40% arrears
The Bahamas Mortgage Corporation’s (BMC) arrears ratio continues to hover around 40 per cent, its chairman said yesterday, despite it adding $49.7 million in new mortgages to its portfolio over the past four years.
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Nassau/PI resorts enjoy 24% increase in 'mice'
The Nassau/Paradise Island resort industry last year enjoyed a “24 percent increase” in its meetings, incentives, conferences and events (MICE) business, a Cabinet minister revealed yesterday.Dionisio D’Aguilar, minister of tourism and aviation, told
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Realtors still hopeful over VAT extension
THE Bahamas Real Estate Association (BREA) remains hopeful it can secure an extension of time to implement the value added tax (VAT) increase, its president arguing: “It is not too much to ask for.” Christine Wallace-Whitfield told Tribune Business:
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Govt getting just 15% of foreign yacht fees
The Port Department is seeking to outsource foreign yacht fee collections, telling Tribune Business yesterday that just 15-20 per cent of due revenue is currently being obtained.
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VAT change prompts hirings
Super Value will bring in new staff to help with its Value Added Tax (VAT) re-pricing for the January 1 switch to 10 percent from 12 percent.
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Ministers meet GB businesses, unions
The Minister of Labour met with several major businesses and trade union leaders last week during his first official visit to Grand Bahama.
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Govt raises permanent residency mark to $1m
A top realtor yesterday hailed as “a positive move” the Government’s decision to increase the permanent residency investment threshold to $1 million, saying this would help to redefine the type of clientele the Bahmaas attracts.
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NPBA ACTION HEATS UP
THE New Providence Basketball Association continued play at the DW Davis Gymnasium Tuesday night.Division IThe JD’s Seafood Shockers kept pace in the Vince Ferguson division and improved their record to 7-3 with a 74-67 win over the Leno Regulators.T
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$10m project eyes 'credence' boost
THE DEVELOPERS behind a $10 million ‘upscale’ entertainment venue for western New Providence believe the project will be fully funded within 90 days, one of its principals disclosing that US-based consultants had been contracted to take it to the “next level”.
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Island Luck three-ball game is ‘not a lottery’ says Wilchcombe
THE Gaming Board has commenced a 90-day observation period to assess Island Luck’s new televised three-ball game - Quick Draw - amid concerns that it is in violation of the Bahamas’ gaming laws.
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Developer waits for return of'90% of market'
A New Providence developer yesterday said he was effectively “waiting for 90 per cent” of the real estate market to “come back”, and suggested it would have benefited more if the Government had imposed “time limits” on its recent tax cuts.
Obit
IVES LEONORA GARDINER
IVES LEONORA GARDINER age 84 years of Soldier Road died at the Princess Margaret Hospital on Saturday, April 14th, 2018. She is survived by her Husband: Anthony Gardiner; Sons: Ricardo and Bonfill Gardiner; Daughter: Bonita Johnson; Sisters: Ernestine Adderley and …
Obit
Georgio Perente Rolle King
Final Rites and Burial for the late Mr. Georgio Perente Rolle King Age 30yrs, a resident of Hasselmere Rd Prince Charles Dr, will be held on Saturday December 22nd 2018, at 11:00 am. at Angelic Baptist Church, Officiating will be …
Obit
Clement Kemp
Final Rites and Burial for the late Clement Kemp, Age 65yrs, a resident #33 East Street, will be held at St Agnes Anglican Church, Blue hill Road, on Friday, November 28th, 2014 at 11:00 a.m. Officiating will be Venerable Archdeacon …
