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CHAMBER CHIEF 'VERY CONCERNED' AT $300M BAD BUSINESS LOANS
By NEIL HARTNELL Tribune Business Editor The Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman yesterday described as "very concerning" the almost-$300 million worth of 'bad loans' to the private sector, with January's $10.6 mill
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Bahamas total debt over 90% of GDP
The Bahamas was yesterday said to be “in a very, very dark position” after the Central Bank revealed that total public sector debt was a mammoth $7.604 billion, a sum equivalent to more than 90 per cent of national economic output (GDP).
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How can we create opportunity?
What areas can The Bahamas look at to create new job opportunities for Bahamians, particularly youth?
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Maritime Corps thriving - with some challenges
Recently, the instructors involved in the Bahamas Maritime Cadet Corps (BMCC) held a conclave to discuss both progress and challenges.
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Pair fined after admitting drug possession charges
TWO men were fined yesterday after being arraigned in the Magistrate’s Court on drug possession charges.
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NEMA hosts damage assessment training courts
THE National Emergency Management Agency hosted an Initial Damage Assessment Content Course for staff of the Department of Public Health.
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Leadenhall wind-up is 'about 90 per cent finished'
The wind-up of the most recent Bahamian bank to be placed in court-supervised liquidation is “about 90 per cent done”, with a further $4 million dividend to creditors recently-approved.
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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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Real estate: 90% of transactions starting on-line
One-third of the Bahamas Real Estate Association’s (BREA) estimated 500-600 members are actively participating in its Multiple Listing System (MLS), the organisation’s principals yesterday saying this tool and their revamped website would “level the playing field” in a sector where 90 per cent of deals start on-line.
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Small business survivors: 90% to keep doors open
Some 90 percent of small business survivors plan to "stay in business" fully after the recent COVID-19 easing sparked more optimism among entrepreneurs, a sector consultant revealed yesterday.
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Bill passed to end Emergency Orders
MEMBERS of Parliament passed a bill yesterday to bring an end to certain suspensions implemented under the former Minnis administration through the Emergency Powers Orders.
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Fear of 'potential tourism softness'
The Central Bank of the Bahamas has warned that “potential softness” in key visitor source markets is creating some downside for the tourism industry’s 2014 performance, with the sector “relatively flat” in January.
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Realtor near doubles plaza's occupancy within 10 months
A realtor has reversed the fortunes of a 15-unit commercial plaza within 10 months, taking occupancy levels from 50 per cent to 90 per cent.
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EDITORIAL: Govt should be applauded for egg project
FOR many years, some farmers have felt that governments have only paid them lip service when it comes to giving the industry a solid footing.
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Boutique resort targeting Bahamian business
INVESTORS behind Abaco’s Hope Town Lodge are hoping to make the boutique resort “a go-to” island destination for Bahamians, the group’s chairman telling Tribune Business, “I would like see us running at 80 or 90 per cent all year around”.
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Defence Force and utilities praised by doctor
A DOCTOR returning after a four-day stint in Clarence Town, Long Island, has praised the Royal Bahamas Defence Force team, BEC and BTC employees for the work they are doing to restore essential services to the community.
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Healthy mouth – healthy body
World Oral Health Day (WOHD) is observed every year on March 20.
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PM tours site of care unit
PRIME Minister Hubert Ingraham toured the site of the new Critical Care Unit that is currently under construction at the Princess Margaret Hospital yesterday.
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DPM: Just 50% of registry firms deemed 'active'
Just 50 percent of companies listed on the registry are thought to be “active”, the deputy prime minister said yesterday, as thousands of entities were informed of their removal.KP Turnquest told Tribune Business that the “gazzetting” of their remova
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junior Boy Comets cruise to 67-33 win over Kingsway
UNDEFEATED in the regular season, the Queen’s College Comets, a perennial powerhouse in recent years in the league’s Junior Boys basketball division, cemented their status as favourites to claim another title.
