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Bad loans ‘too high’ - yet at 14-year low
The Central Bank’s governor says loan delinquencies are still “too elevated” compared to global standards even though - at 7 percent of total outstanding credit - they have fallen below pre-COVID levels and are at their lowest in 14 years.
City’s ‘turned the tide’ without Central Bank
The Downtown Nassau Partnership’s (DNP) co-chair says the city has “turned the tide” on its revival despite the Central Bank’s decision to terminate development of its new headquarters at Royal Victoria Gardens.
GB water rise conflict ‘most fantastic thing’
A Grand Bahama resort operator yesterday said its owners will have to “pay more for the privilege of running a hotel” on the island if proposed water rate increases are ultimately approved.
Labour Force survey to be released by end of June
THE next Labour Force survey will be the first in three years and is scheduled for release by June 30, according to the acting managing director of the Bahamas National Statistical Institute.
DEREK SMITH: Data protection and privacy difference not readily obvious
Data privacy and data protection have distinct meanings and implications, but they are often used interchangeably. Business leaders must understand the differences between these two concepts, and how they impact their operations, as they increasingly rely on data for decision-making. The next three articles, including this one, will provide the necessary clarification and insights on data privacy and protection tools over the following month.
Jones leads the way
It was back on August 26, 2007 at the World Championships in Osaka, Japan, that Derrick Atkins established the Bahamas men’s 100 metres national record of 9.91 seconds to win the silver medal. No other Bahamian came close until Saturday when Grand Bahamian Terrence Jones equalised the time.
Giants crowned champions again
THE Commonwealth Bank and Your Essential Store Giants were crowned champions once again this year.
Two charged with Eleuthera murder
TWO MEN were remanded to prison on Friday after being accused in a fatal shooting and armed mugging in Eleuthera earlier this month.
DIANE PHILLIPS: Post-pandemic job seekers will need to be discerning and selective
THE following is based on a conversation with a senior executive recruiter and her comments about the overall state of the job market were so on point – and in some respects, so alarming that much of what follows is her assessment and most of it in her words. So if you are among those who think something changed that is not likely to change back after the pandemic, brace yourself.
ONE ELEUTHERA FOUNDATION: Eating for a long and healthy life
It is 2023, and I find myself in what is undoubtedly the most significant year of my life, marching with my Beloved Bahamas – on our ‘Road to 50’.
‘At least 90 percent reduction in conflicts’ since psychologist arrived at BDCS
CONFLICTS among mentally ill inmates at the Bahamas Department of Correctional Services have declined by 90 per cent since a psychologist arrived three weeks ago, Acting Corrections Commissioner Doan Cleare said yesterday.
Conflict ‘taint’ fears on GB water hikes
The Government last night demanded the Grand Bahama Port Authority (GBPA) and its water affiliate make “a business case that makes sense” for tariff hikes that it argued cannot be subject to “proper public consultation”.
Port-fighting family in $46.5m GB exit
A Florida-based family who engaged in a bitter public battle with the Grand Bahama Port Authority (GBPA) and its affiliates have put all their Freeport interests up for sale with a $46.5m asking price.
East Grand Bahama MP calls GBPA utility hike ‘unfair’
EAST Grand Bahama MP Kwasi Thompson said the Grand Bahama Port Authority’s proposed utility rate adjustment would be unfair.
Ban ‘breeding and ownership of pitbulls’
ST ANNE’S MP Adrian White wants legislators to consider banning the breeding and ownership of pit bulls in The Bahamas.
National Basketball Championships begin
The return of the Bahamas Basketball Federation’s National Basketball Championships saw the New Providence champions Giants produce mixed results as competition in the weekend tournament got underway at the Kendal Isaacs Gymnasium.
Drumeco Archer silences the critics
TEAM Bahamas made waves at this past weekend’s 50th edition of the CARIFTA Games after more than doubling last year’s previous medal count of 17.
Brenden Vanderpool making an impact in the pole vault
BRENT Vanderpool knew sooner or later his son Brenden would surpass his accomplishments in the men’s pole vault.
STATESIDE: While favoured by Republican elites, DeSantis has uphill battle to overcome Trump fans
THERE is a TV ad running in major US markets these days. It is a direct attack on Florida Governor Ron DeSantis. In the ad, someone solemnly declares that DeSantis has supported efforts “to raise the national retirement age to 70 (it is currently 62 to get some Social Security benefits).” The voice then states that DeSantis “has voted to defund Social Security and Medicare.”
Royal Caribbean cut Crown Land to avoid Toby 'conflict'
Royal Caribbean executives yesterday said they reduced their Paradise Island Crown Land demands by 43 percent in a bid to "untangle ourselves" from any "conflict" with Bahamian entrepreneur Toby Smith.