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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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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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NPBA: Giants vs Rockets, Bucket vs High Flyers in Championships

BOTH championship matchups in the New Providence Basketball Association are all set and the quest for the 2018 title is down to its final series.The Commonwealth Bank Giants and Aliv Bucket Team advanced with wins on Wednesday night to conclude the s

Obit

Alden Lewelyn Ritchie

Memorial Service for Alden Lewelyn Ritchie age 99 of Talbot Street and formerly of Deadman’s Cay, Long Island who died on March 1, 2019 will be held on Tuesday March 19, 2019 at 10:00 a.m. at St. George’s Anglican Church, …

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'Punished for being a bold, independent thinker'

MARVA Moxey, third child of Ed Moxey, creator of Jumbey Village, told those gathered to pay tribute to her 80-year-old father Friday night of the hardships the family suffered because they were Moxeys – particularly the children of the former PLP parliamentarian.

Obit

MILDRED GENEVA SANDS

Funeral Service for the late MILDRED GENEVA SANDS age 88 years of Gardens Hills #1 will be held on Saturday, August 15th, 2015 at 10:00am at St Francis Xavier Cathedral, West Street. Officiating will be Monsignor Alfred Culmer assisted by …

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Bahamian abroad rests after years of noble service

ALTHOUGH the loved ones of Edwin Percival Minnis are sadden he will not spend Christmas or any other day with the family, a smile will always surface on their faces when they reflect on the life he lived and the precious memories he left behind.

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Trade deficit leaps 15.6% to $715.1m

THE Bahamas’ trade deficit increased by 15.6 percent to $715.097m during the 2022 first quarter as cross-border flows continued to rebound from the COVID-19 related restrictions of the year before.

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‘Bad’ bank loans decline by $102m

Total commercial bank ‘bad loans’ fell by more than $100 million during the 2015 first half, although much more remains to be done to restore this key indicator to pre-recession levels.

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Top pro basketball players begin seasons on high note

SOME of the country’s top pro basketball players throughout the European, Asian and Middle Eastern circuit began their seasons on a high note.

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Giants rout the Mingoes 107-87

KEMSY Sylvestre scored off the opening tip for the University of the Bahamas Mingoes to put them up 2-0 on the Commonwealth Bank Giants. It was the only time the Mingoes’ led in the game against the undefeated team in the New Providence Basketball A

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Web shops: Tax rises attempt to seize industry

The government has been accused of trying to seize control of the web shop industry through tax increases that will “decimate” all operators and 3,000 jobs in less than a year.The Bahamas Gaming Operators Association, in a furious post-budget counter

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'Job cuts show a Bahamas divided'

WITH Independence just passed, one woman who claims to have been unceremoniously “terminated” from her job at an Urban Renewal Centre, said the country is “divided”.

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New location drives 80% of December sales rise for AID

A major Bahamian retailer yesterday revealed that its newly-opened Blue Hill Road and Coconut Grove store was responsible for 80 percent of the December sales increase seen in Nassau.

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St Joseph celebrates 80 years of Catholic Witness through word, sacrament and charity

CATHOLIC Archbishop Patrick Pinder called for a ‘renewal’ of the sacrament of reconciliation in the local archdiocese and urged parishioners of St Joseph to pray for the ‘restoration’ of family life at a Mass which marked the beginning of a year of celebration in observance of the church’s 80th anniversary.

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Swift masters bring home five medals

Making Bahamians proud, Swift swimming masters won five medals at the 14th FINA World Masters Championships - the largest swim meet in the world - in Riccione, Italy, earlier this month. It was a meet that will be remembered as the largest and longest mee

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Evans says Aliv will not steal major market share from BTC

BAHAMAS Communications and Public Officers Union President Bernard Evans yesterday dismissed assertions that newcomer Aliv will steal a significant market share from the Bahamas Telecommunications Company, charging that the former’s initial success is merely the result of “restrictions” placed on BTC by regulators to give Aliv “some advantage” to “get in the game”.

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Aliv’s pay-per-second rates aim to cut customer costs

THE Bahamas’ second mobile operator yesterday promised to deliver superior customer service and “phenomenal” plans, as it outlined pay-per second call rates and “no contracts” as key components of its new mobile services offering.