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December air arrivals hit 85% of pre-COVID levels

Air arrivals for December 2021 reached close to 85 percent of their pre-COVID levels, the Central Bank revealed yesterday, increasing almost four-fold compared to 2020 figures.

CIBC: Bahamas worst for ‘bad’ mortgages

CIBC’s top Caribbean executive yesterday revealed that the “magnitude” of non-performing home loans in the Bahamas was “greater than anywhere else” in the region, this nation accounting for 50 per cent of the bank’s ‘bad’ mortgages.

‘Pay up’: students ignore loan plea

THE Education Loan Authority (ELA) is expected to resume loan services to students in the “not too distant future,” ELA Chairman Michael Foulkes disclosed yesterday, adding the entity has also commenced legal action in the Supreme Court against delinquent borrowers and guarantors to recover the more than $150m it is owed.

54 records expunged by rehabilitation committee

THE Rehabilitation of Offenders Committee has received 112 applications from people seeking to have their records wiped clean between January and June of this year, with 54 of those applicants said to have already had their records expunged.

SPORTS NOTES

Bahamas Olympic Committee president Rommel Knowles expressed their gratitude to the family of the late Barbara Thompson on her passing on Wednesday.

REGULATORS, HIGH FLYERS WIN TITLE IN BASKETBALL NATIONALS

MR Ship It Freight Regulators and Breezes High Flyers represented the New Providence Basketball Association very well at the Bahamas Basketball Federation’s National Round Robin Tournament.

Bulldogs rout Stars 102-76

The Truman State University Bulldogs men’s basketball team, shaking off the jet lag, broke away from a close encounter in the first half to rout the Bahamian Star Sports Basketball 102-76 last night to start the Bahamas Basketball Federation’s Summer

Hooping by the Park ‘a tremendous success’

The inaugural Hooping by the Park Basketball Tournament, held over the Emancipation holiday weekend at Freedom Park in Fox Hill, was termed a tremendous success by organiser Jabari Wilmott.

Judge approves petition for Baha Mar liquidators to 'prevent depletion of resort's assets'

JUSTICE Ian Winder said on Friday that his approval of the government's petition for the appointment of provisional liquidators for the stalled Baha Mar resort development was limited to preventing the depletion of the $3.5 billion resort's assets.

Bahamasair raises fares on $100k weekly fuel cost rise

Bahamasair has increased ticket prices on all domestic and international routes with effect from early April after its fuel costs soared by an “extra $100,000 per week”, its managing director revealed yesterday.

DeMarco and Bahamas earn 63-57 win over Red Raiders

Chris DeMarco got the first victory under his belt with the men’s national basketball team by pulling off a 63-57 decision over the Texas Tech Red Raiders at the Kendal Isaacs Gymnasium last night.

DPM urges GB firms to expand to nassau

The Deputy Prime Minister yesterday urged Grand Bahama businesses to consider Nassau expansion rather than just confine themselves to their home island. KP Turnquest, pictured, made his call while delivering the keynote address at the official openin

Pro basketball player Zane Knowles signs with new club

ZANE Knowles will continue his career in Bulgaria’s National Basketball League.

Don't throw PLP mortgage plans 'under the bus'

By NEIL HARTNELL Tribune Business Editor A leading housing developer yesterday urged Bahamians and the banking industry not to "throw under the bus" the Progressive Liberal Party's (PLP) plan to tackle mortgage foreclosures, arguing that the so-called fu

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