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Fund’s record $75m inflow builds RF Bank ‘war chest’
A Bahamian investment bank yesterday said it expects to match last year’s record $75m inflow into its fixed income fund and further build a “war chest” to deploy as possibilities emerge in 2022.
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IDB pledged $59m Bahamas savings through guarantee
The Bahamas would save $59m per year via a $200m guarantee from the Inter-American Development Bank (IDB) to underwrite a proposed foreign currency bond issue, it has been asserted.
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Condo hotel targets September opening
A Goodman’s Bay-based condo hotel is “aiming” for a September opening with over 85 percent of the units already sold, the project’s developer said yesterday.
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Twelve-year-old Finley Lambert sails away with Optimist National Championship title
AFTER returning since it was postponed in 2021 due to the coronavirus pandemic, 12-year-old Finley McKinney Lambert clinched the Optimist National Championship title in the waters of Montagu Bay.
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Bahamas sees $900m boost from marine areas expansion
The Bahamas has generated a $900m annual economic boost by expanding its Marine Protected Areas (MPAs) to cover 20 percent of the country’s coastal environment, studies have estimated.
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Minister: Investors only ‘prefer’ short term Gov’t bonds
A Cabinet minister yesterday conceded that Bahamian investors are only interested in short-term government debt after a one-year issue was oversubscribed by 14 percent.
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Five more deaths confirmed
THE Ministry of Health has reported five more COVID-19 deaths and 93 additional cases over a three-day period.
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Deandre Ayton posts his 17th double double of the season
DEANDRE Ayton was off his minutes restriction and had his most dominant performance of the three games he has been back on the floor since his return from an ankle injury.
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Battle of the videostar
ActivTrades
FACEBOOK’S parent company, Meta (FB), has not had a bad year. Not every company can claim to have increased its sales by 37 percent in one year. The social networks, Facebook and Instagram, as well as the messenger, Whatsapp, generated almost $118bn following $86bn in the previous year. A good $29bn of that remains as profit.
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Kai Jones posts double double, season high 21
Continues to dominate for the Swarm in G-League
Kai Jones continues to display his versatility with another dominant performance as he continues his latest G-League assignment with the Greensboro Swarm.
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Financial services can give itself ‘pat on back’
FINANCIAL institutions should give themselves “a pat on the back” for slashing the time taken to “cure” regulatory deficiencies to just 11 months, the Central Bank’s top inspector said yesterday.
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Under-40s slow to get vaccine
THERE is a low uptake in vaccinations among people under 40 compared to the older population, according to health data.
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Chamber chief: ‘Don’t get sidetracked’ over investor confidence
The Grand Bahama Chamber of Commerce’s president yesterday urged the Government “not to get sidetracked” by the furore over the Prime Minister suggesting investor confidence is “waning”.
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‘I stole conch to support my family’
A 35-YEAR-OLD woman who claimed she stole $100 worth of conch last month to make extra money to support her family was discharged with a warning yesterday.
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Nesbitt, Miller play key roles in FIBA Basket Champions League Americas
TAVARIO Miller and David Nesbitt continue to play key roles for their teams as the group stage continues in the FIBA Basketball Champions League Americas.
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‘JJ’ cans season high 28pts
JONQUEL Jones celebrated Tuesday’s new contract announcement with the Connecticut Sun with her most dominant performance on the FIBA EuroLeague Women’s circuit.
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Bank governor eases 2022 growth forecast
The Central Bank’s governor yesterday moderated his 2022 economic growth projection to “over 5 percent” with the tourism industry not returning to pre-COVID levels in the year’s first half.
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Eleven more COVID deaths added to toll
ELEVEN COVID-19 deaths were reported over a three-day period according to the Ministry of Health and Wellness, pushing the total number of reported deaths in the country up to 746.
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Bahamians go head-to-head in Ontario Scholastic Association
A PAIR of Bahamians went head-to-head in a marquee matchup in Ontario Scholastic Basketball Association regular season play.
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McCoy, Bastian lead teams to wins in NCAA Div. II basketball
MALACHI McCoy and Lathaniel Bastian led their teams to key conference wins and Jonathan McFall returned to the floor to highlight play from Bahamians in NCAA Division II basketball.
