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Businesses held hostage for unemployed
AT A time when local business owners need all the encouragement they can get to expand and create jobs, Immigration has announced a clampdown on work permits with its minister admitting that the department is so behind the times in both staff and equipment that it is unable to meet the needs of the business community.
91 new COVID-19 cases, death toll rises to 89
The Ministry of Health reported on Friday that there were 91 new cases of COVID-19, three additional deaths and one additional death under investigation.
AG: 'We were protecting vulnerable from calamity'
The attorney general yesterday pledged to “clarify” a life and health insurance order that was designed to prevent poor and elderly policyholders suffering a “catastrophe” amid the COVID-19 crisis. Carl Bethel QC told Tribune Business that the gover
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.
How was infected able to fly home?
PRIME Minister Dr Hubert Minnis said a person who tested positive for COVID-19 was among the 183 residents who returned to the country on Friday, prompting a suspension of repatriation exercises. His revelation during a national address yesterday came as the country went without an additional confirmed COVID-19 case for the fourth consecutive day.
Lightbourn differences with Minnis ‘resolved’
ALTHOUGH he did not get a renomination for his seat, Montagu MP Richard Lightbourn - one of the “gang of six” - said his “differences” with Free National Movement Leader Dr Hubert Minnis have been resolved, telling persons yesterday to “go elsewhere” if they did not support the party’s leadership.
Fidelity in 37% profit rise as moral hazard increases
Fidelity Bank (Bahamas) yesterday said its net income to end-September remained 37 per cent above 2011 comparatives, despite some mortgage borrowers defaulting in hopes of benefiting from the Government’s mortgage relief plan.
Bahamas selects 'most fraught' model for BEC
By NEIL HARTNELL
AML aims to 'double' its net profit margin
AML Foods is aiming to double net profit margins to 4 per cent, its chief executive telling Tribune Business yesterday that it was targeting year-over-year top-line growth of 16.4 per cent to $115 million for its current financial year.
Active surveillance: a safe and effective method to manage prostate cancer
Prostate cancer will affect one in six men in their lifetime.
Jones and Liberty lose WNBA Finals opener
Grand Bahama native Jonquel Jones and the New York Liberty were handed a 17-point blowout loss in the Women’s National Basketball Association (WNBA) Finals opener.
40 to 80 percent 'show no symptoms of dengue'
ABOUT 40 to 80 percent of people show no symptoms of dengue, with most of the recently confirmed 100 cases confined to the inner city in New Providence, according to officials from the Ministry of Health and Wellness on Friday.
Bahamian legend Bonefish Folley dies AT age 91
By CARA BETHEL
Bahamian players and their teams in NCAA tourney
By RENALDO DORSETT
Bahamas has Caribbean 'low' on import cover
The Bahamas has the “lowest level” of foreign reserve import coverage in the Caribbean, a top Royal Bank of Canada (RBC) economist yesterday describing the situation as “critical”.
Tax Coalition urges price control end
The private sector’s Tax Coalition has added its voice to those urging that Price Controls be abolished, warning that food store overheads would have increased by between 7.5-12 per cent under a 15 per cent Value-Added Tax (VAT).
‘We don’t want Disney out; we want a better agreement’
Opponents of Disney Cruise Line’s Lighthouse Point project yesterday pleaded with the next administration to reassess the development, saying: “We don’t want Disney out; we just want a better deal.”
Bahamas holding off debt cost pressures
The Bahamas was the only Caribbean nation in early April to escape pressure on its bond yields amid the COVID-19 pandemic, an Inter-American Development Bank (IDB) report revealed yesterday. The IDB, in its 2020 first quarter “bulletin” on the regio
Transaction costs ‘slowing’ electronic payments switch
The costs associated with settling electronic transactions are “slowing the pace of change” in the Bahamian payments system, the Central Bank’s governor said yesterday.
SAC junior boys win opener, 43-36 over Aquinas Aces
THE backcourt duo of Cornelius Clyde and Makarios Russell took over down the stretch as the undefeated St Augustine’s College Big Red Machine held off a strong challenge from the Aquinas College Aces.
