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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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Minnis right to avoid the media

Juan McCartney your March 6 National Review op-ed in The Nassau Guardian said that Prime Minister Dr Hubert Minnis “became hostile towards the media as he realised that he was subject to serious vetting”.

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Bahamasair to spend $9.3m on aircraft maintenance

BAHAMASAIR will use $9.3m of its total budget in the new fiscal year on heavy maintenance to its aircraft and another $1m to move the headquarters to a building complex on Blake Road.

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Insurer: Dorian causes largest vehicle losses

Bahamas First says Hurricane Dorian’s devastation caused its “largest motor vehicle” loss ever with 538 claims producing gross losses of more $6m in that business category.The property and casualty insurer’s 2019 annual report adds that while most of

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Tourism flat-lines as yields off 28% since millennium

A 28 per cent decline in per tourist spending yields since 2000 has resulted in “no growth” this century in the Bahamas’ largest industry, the Minister of Tourism revealed yesterday.Dionisio D’Aguilar told the House of Assembly that the decline in pe

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Fund 'a victim of its own success' with 35% growth

RoyalFidelity’s Prime Income Fund was yesterday said to have become “a victim of its own success” after enjoying 35 per cent growth over the past year.Joseph Euteneuer, the investment bank’s mutual fund manager, told Tribune Business it was increasin

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Top ballers making an impact in Europe

EARLY in their respective seasons, some of the country’s top national team members and prominent names in Bahamian basketball are adjusting well to their new surroundings on the European and Middle Eastern circuit.

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Jones posts 17pts, 12 rebounds, 2 blocks

IN the midst of contract negotiations with the Connecticut Sun during WNBA free agency, Jonquel Jones continues her series of dominant performances in the Russian Premier League.

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No layoffs over laundry changes, says Atlantis

SENIOR Atlantis Vice-President Ed Fields insisted there would be “absolutely no layoffs” at the hotel after laundry workers were told some positions had been made redundant yesterday morning.

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Davis and Panthers get win over Miller Jr and Eagles

RADSHAD Davis had the better individual performance and his FIU Panthers got back into the win column with a dominant performance against Franco Miller Jr and the Florida Gulf Coast University Eagles.

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Solar AC shines for savings light

Where did winter go? Just the other week we were wearing warm jackets, but now it feels like summer is already here. The forecast for this summer, like every year in the Bahamas, is sunny and hot.Normally, this means just one thing: Ya’ll ga sweat. Today, however, we will see how you can use the sizzling summer sun to remain cool.

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PLAYER OF THE MONTH: Jonquel ‘JJ’ Jones earns honours for October

Grand Bahama native Jonquel “JJ” Jones is The Tribune Sports’ Player of the Month for October.

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'Web shops will have a Christmas party but hate to pay their staff a decent salary'

MORE than 1,000 trade disputes were filed with the Department of Labour in 2018, Labour Minister Dion Foulkes revealed yesterday during his budget contribution in the Senate. In total, 1,207 disputes were filed. Labour Director John Pinder later told

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Hair today, gone tomorrow

MOVEMBER organisers exceeded their goal in attracting nearly 200 men to free Prostate-Specific Antigen (PSA) testing events in Rawson Square and at the Green Parrot Bar and Grill.

Obit

Dr. Calsey Willmore Johnson

State Recognised Funeral Service for the late Dr. Calsey Willmore Johnson, Former Senator and Ambassador, aged 82 years, of Highland Park and formerly of Hatchet Bay, Eleuthera, will be held on Friday November 8th 2019 at 11:00 a.m. at Rhodes …

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Concerns that hotel tax breaks unduly exploited

A BAHAMIAN businessman has voiced concerns that foreign investors are unduly exploiting Hotels Encouragement Act incentives to obtain tax breaks on construction materials for large vacation rental properties.

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NPBA: 'Biggest season to date' expected

THE New Providence Basketball Association is set to get its preseason underway next week and president Keith Smith said he expects it to be the “biggest season to date” for the country’s top basketball league.

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Sir Jack ‘true nation builder’

Sir Jack Hayward would only have sold his family’s 50 per cent Grand Bahama Port Authority (GBPA) stake to someone who could match his deep “passion and love” for the island, Tribune Business was told yesterday.

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Tapping into loan ‘like printing money’

OPPOSITION leader Michael Pintard has warned of “grave concern” over the government tapping into $232m International Monetary Fund (IMF) special drawing rights (SDR), warning of the “equivalent of printing money”.