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Distorted views on corruption

It was disappointing that your article in Tribune Business on the 26th April (‘Not a Single Bribe Demand is Probed’) while quoting heavily from a group claiming to be Transparency International’s local affiliate, contained not one single reference to The Bahamas’ ranking in that group’s all important Corruption Perception Index.

New club, new country as Kentwan heads to Denmark

Bahamian pro basketball player Kentwan Smith is on the move again as he signed with a new club in a new country to continue his career.

Celtics beat Heat in OT, tie the East finals at 2-2

BOSTON (AP) -- Rajon Rondo had 15 points and 15 assists, and scored the final three points of the Boston Celtics' 93-91 overtime victory over the Miami Heat on Sunday night that evened the Eastern Conference finals at two games apiece. Getting a huge break

Grand Bahamians urged to save energy and save money

By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT - Bahamian consumers could substantially lower their electricity bills on Grand Bahama by implementing the right energy solution technology in their homes and businesses.

Grand Bahamians urged to save energy and save money

By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT - Bahamian consumers could substantially lower their electricity bills on Grand Bahama by implementing the right energy solution technology in their homes and businesses.

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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

Cable losses hit $16.7m amid wait for growth pay-off

Cable Bahamas suffered a 12.5 per cent increase in annual net losses to $16.658 million for 2016, driven by Hurricane Matthew-related repair costs and the wait for expansion investments to pay off.

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Deficit cut by ‘two-thirds’

PRIME Minister Perry Christie yesterday boasted of his administration’s fiscal achievements during the last financial year as he expressed optimism in the continued growth of the economy going into the 2015/2016 budget cycle.

Marijuana

The issue of legalisation of ganja has become a popular issue in the global discourse on drugs since the pioneering role of countries such as Uruguay and Canada led the way regarding the legalisation of ganja for medicinal and recreational purposes.

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VAT needs 'cashless' society to succeed

A Value-Added Tax (VAT) will not succeed without the banks driving Bahamians to a ‘cashless’ society, a leading businessman warned yesterday, adding that reforms would be “a disaster” unless accompanied by “ruthless” enforcement.

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Warriors are NBA champions

BOSTON (AP) — The Golden State Warriors are NBA champions once again, topping the Boston Celtics 103-90 last night for their fourth title in the last eight seasons.

BOB: ‘Break even excellent’ for 2021

Bank of The Bahamas’ top executive says it will “be excellent” if its closes its 2021 financial year in a “break even” position after incurring $20m in loan loss provisions over the past two years.

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Construction starts to take '40-60% hit'

New construction starts will take a 40-60 percent hit, a former Bahamian Contractors Association (BCA) president predicted yesterday, with the industry unlikely to rebound until near year-end. Leonard Sands, pictured , told Tribune Business that whi

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Warning over coral plague

BAHAMIANS must “sound the alarm” and the government must take swift action to address stony coral tissue loss disease, a fast-spreading bacteria that is ravaging coral reefs throughout the country, says Waterkeepers Bahamas President Joseph Darville.

‘Bad bank loans’ drop below $1bn

Commercial bank loan arrears fell below the $1 billion mark for the first time in years at end-February 2017, with ‘bad’ credit having declined by almost $200 million over the previous 12 months.

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Chamber chief: 2-2.5% growth is 'a stretch'

The Bahamas Chamber of Commerce’s (BCCEC) chief executive yesterday said it would be “a stretch” for this country to generate even 2-2.5 per cent economic growth for 2013, although he expressed hope that last year’s 5.5 per cent decline in commercial loan arrears was a “sign of things to come”.

Bahamas destroys Dominica 125-21 in CBC U-16

WE may be running out of superlatives to describe just how dominant the Bahamas junior national team has been in overwhelming the competition at the Caribbean Basketball Confederation U16 Championships.

FINCO’s $22m ‘warning’ affirms mortgage crisis

FINCO’s $22 million provision warning was yesterday seen as a further sign that the Bahamas’ mortgage crisis is “deteriorating”, a leading businessman suggesting its announcement “may not be the end” of the sector’s woes.

Family Island resorts suffer mixed Xmas

OCCUPANCIES at Out Island resorts for the Christmas period and into the New Year appear to be mixed, with one major property forecasting strong performance, while another said its guest business was in the

Communications sector rebounds through 3.7% growth in turnover

The Bahamian communications industry saw its total turnover increase 3.7 per cent year-over-year to hit $444 million in 2011, regulators have estimated, despite cellular phone subscribers falling by 90,000 since 2009.