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Central Bank ease ‘won’t open mortgage avenue’
The Central Bank’s recently-unveiled regulatory easing is unlikely to “open up a new avenue of mortgages” being issued to Bahamian home buyers, a senior banker said yesterday.
Vendors exceed expectations at Royal Caribbean workshop
Royal Caribbean yesterday said the first Royal Beach Club workshop for potential Bahamian food and beverage, retail and artisan partners exceeded expectations by attracting around 70-80 attendees.
DPM: Crime coverage woe ‘losing momentum’
THE Deputy Prime Minister yesterday voiced optimism that damaging media coverage of The Bahamas is “losing momentum” with major resorts reporting peak winter occupancies “in excess of 80 percent”.
Contaminated oil a new blow to Andros power
A CONTAMINATED supply of fuel led to a new shutdown of a power unit in Andros as restoration efforts continued following the fire that severely damaged BPL’s North Andros Power Station last week.
Non-profit reveals 36% fall in distributed meals
The Bahamas Feeding Network (BFN) yesterday said corporate donations have dropped-off noticeably since the COVID pandemic even though one in every eight Bahamians is thought to be living in poverty.
BPGA gears up for 50th National Pro Golf Championships
THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.
Family and friends searching for missing Philip “Big Mama” Stubbs
Concerned family and friends are desperately searching for Philip “Big Mama” Stubbs, 80, who went missing after leaving his residence early this week.
‘Down-payments cut’ as bank removes indemnity
The Central Bank of the Bahamas (CBB) has released new “relaxed” lending rules for residential mortgages.
‘CANNABIS DRAFT BILL INADEQUATE’: Rastafarian community dissatisfied with location limit for religious use
THE Rastafarian community is not satisfied with the Davis administration’s proposal for legalising cannabis for religious purposes, calling the draft bills inadequate.
Reverend Dr William Thompson ready for his 80th birthday
IT’S not everyday that a person reaches the age of 80 but for a man who has touched the lives of so many people in just about every sphere of life, the family and friends of the Rev. Dr William Thompson want to celebrate his milestone in a very special way.
Atlantis: 30% spend, rate jumps ‘as good as it gets’
Atlantis yesterday said its year-to-date performance is “as good as you can get” with rates and visitor spending per occupied room both exceeding pre-COVID levels by up to 30 percent.
Ole Miss Rebels set for trip to Bahamas
After coming off a 10-point loss in their last game, coach Yolett McPhee-McCuin hopes to get her Ole Miss Lady Rebels back on track tonight before they make their return trek to The Bahamas for another Thanksgiving tournament.
Insurance regulator in blacklist ‘what if’ look
The Insurance Commission was yesterday said to be looking at “what if” scenarios to ensure insurers have access to sufficient reinsurance capacity if The Bahamas stays on Europe’s tax blacklist.
Bahamas must target 70% cruise visitor ratio
A well-known hotelier says The Bahamas must do a better job on cruise passenger “conversion” and increasing the number of resort rooms if it is to maximise tourism’s economic benefits.
URCA seeks to shorten reconnection time
THE Utilities Regulation and Competition Authority wants to shorten the time communications service providers have to reconnect the services of people who are wrongfully disconnected or were disconnected because of non-payment.
Fourteen Clubs Golf Academy hosts first event of 2024
While many were enjoying the festivities on Majority Rule Day, juniors along with adults participated at the third Front 9 Golf Tournament Series drive, chip and putt event at the Bahamas Golf Federation’s Practice Facility.
North Andros Power plant repairs cost $600k, as restoration continues
WORKS and Utilities Minister Alfred Sears said the cost of restoring power to North Andros after last week’s catastrophic fire at Bahamas Power & Light’s Nicholl’s Town plant is about $600k.
PM: Women not equal? ‘y’all ruling us, man'
PRIME Minister Philip “Brave” Davis rejects the United States’ observation about how women are treated in The Bahamas.
Men’s national basketball team splits wins with Jayhawks
TEAM Bahamas, with the newest addition of Phoenix Suns guard Eric Gordon, split games 1-1 against the University of Kansas (KU) Jayhawks this past weekend in Puerto Rico.
Cable urges industry unity on URCA ‘budget travesty’
CABLE Bahamas is urging its rivals to join the battle against “this travesty in budget increases” for the sector’s regulator whose downtown Nassau headquarters it branded an “albatross”.
