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Receivables over three times' Water Corporation target

By NEIL HARTNELL Tribune Business Editor Just how far the Water & Sewerage Corporation has to go to achieve financial viability has been highlighted by several key financial performance indicators, which show it currently enjoys a -44 per cent operating

Foreigners take greater real estate market share

Bahamians are conceding an ever-larger share of the real estate market to foreign buyers, one well-known developer yesterday revealing that 100 per cent and 90 per cent of purchasers at his latest two projects were from overseas.

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.

High Flyers win opener

The Breezes High Flyers soared on all cylinders last night as they flew past the Johnson’s Trucking 98-84 to snatch a 1-0 lead in the New Providence Basketball Association men’s division II best-of-five championship series.

Hotels set to 'surpass banner years' by 2015

The Bahamian hotel industry believes it will approach its pre-recession “banner years” in 2014 and “surpass” them next year, its president said yesterday, with the sector’s confidence levels reaching 97 per cent.

POLITICOLE: There’s a hole in the bucket, Dear Christie

I was born in the 70s, and I grew up in the 80s and 90s. Life in The Bahamas was so much simpler then. Everything appeared cleaner, easier, purer. It was long before we knew what a storm our leaders were brewing for us, though we would soon find out. And the Pandora’s Box has been spilling over since then.

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 …

David Charlton to be inducted in Hall of Fame

DAVID Charlton, one of the most successful athletes turned coach in the Bahamas, will be returning to his alma mater for some unexpected business.

Kadeem Coleby signs with Al Manama for 37th GCC Clubs

JUST weeks after losing the league championship series, Kadeem Coleby was on the move once again and inked a deal with the team that most recently beat him as they prepare to vie for a top title in the Middle East.

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