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Migration down overall - but rise in those headed to the US
ROYAL Bahamas Defence Force (RBDF) Commodore Raymond King said the northern Bahamas has seen a 90 per cent increase in migration to the United States.
YOUR SAY: The challenges posed by Venezuelan government
THE Bahamas and the United States share a deep democratic tradition. With the most recent election in the Bahamas, I witnessed first-hand the power of that democracy and the dedication of the Bahamian people to that tradition. With nearly 90 per cen
NAUGHTY'S NFL PICKS: ‘Myth has it Chiefs are unbeatable at home in playoffs...Lies I say’
SO there’s no confusion, there was a typo last week, my actual final tally was 164-90-2 for the regular season, (hey Sheldon Longley over there at my old stomping grounds, the Nassau Guardian, that’s a dead heat, so stop telling folks on FB you beat me! If you want to break the tie, my Cowboys were 13-3 your Dolphins 11-5, I win.)
Banks suffer 37% profitability decline
Bahamian commercial banks saw total private sector loan arrears increase by $76m during the 2020 fourth quarter as the sector’s collective profitability shrunk by 37 percent year-over-year.
Loan arrears fall $125m in 2019 to decade-low
Total loan arrears fell by $123.5m or 15 percent during 2019 to hit their lowest level for a decade at year-end, a Central Bank of The Bahamas presentation has revealed.The monetary policy regulator, unveiling the status of credit quality within the
When will we get vaccine?
AS the United Kingdom became the world’s first country to authorise use of a COVID-19 vaccine, Minister of Health Renward Wells said the government is still determining which brand it will secure.
Turnquest disappointed by Scotiabank move
DEPUTY Prime Minister Peter Turnquest is disappointed by Scotiabank’s decision to close branches at several islands and says the move would bring “hardship” for residents.
Coleby key contributor off the bench for Jayhawks
Playing limited minutes this season due to recovery from a torn ACL, Bahamian collegiate basketball player Dwight Coleby has logged valuable minutes thus far in the NCAA Tournament and his teammates, along with the international media, have taken notice.
Delinquent bank loans push beyond $1bn mark
Delinquent bank loans pushed beyond the $1 billion mark in May, with net passenger departures through the Bahamas’ major airport down 3.4 per cent for the first five months of 2017.
Power company applauded for work in restoring electricity
SARAH St George, vice-chairman of the Grand Bahama Port Authority (GBPA), has commended the Grand Bahama Power Company (GBPC) for the significant progress it has made in restoring power to the hurricane-ravaged island, reporting that 90 per cent of customers were energised as of Tuesday evening.
Minnis calls on govt to declare 'disaster areas'
FREE National Movement Leader Dr Hubert Minnis has called on the Christie administration to declare all of the areas devastated by Hurricane Matthew "disaster areas", insisting that the move should be paired with robust exigency orders and extensive rate cuts by financial institutions and private business to "help rebuild the country and keep Bahamians safe”.
SKY'S THE LIMIT FOR $270K ROUTE INVESTMENT
By NEIL HARTNELL Tribune Business Editor Sky Bahamas expects to start seeing a return on its $270,000 investment in building its Marsh Harbour-West Palm Beach route in three months' time, telling Tribune Business it cost Bahamian-owned airlines twice as
Concerns raised over Cuban immigration
FOREIGN Affairs Minister Fred Mitchell yesterday said the government was concerned with the potential impact changes to the Cuban exit visa policy could have on illegal migration, which he termed as the “most vexing issue” for Bahamians.
Call for union chiefs to resign 'for failing hotel workers'
There has been a call for executives of the Bahamas Hotel Catering and Allied Workers Union to resign for failing to present to the Bahamas Hotel Employers Association a proposal in time for a new industrial agreement.
Nassau hotels in 7% revenue drop
New Providence hotels suffered a 7 per cent year-over-year revenue slump for the four months to end-April 2013, as room rate rises failed to offset occupancy declines.
Bad loans hit $1.34bn
Bahamian commercial banks suffered a further credit quality deterioration in November, as delinquent loans increased by $23.5 million to a new $1.343 billion record.
NPBA: Resistance, Rockets and Stingers in the win column
THE New Providence Basketball Association hosted a triple header at the AF Adderley Gymnasium on Saturday night.
BEC: Its 35% 'too high' heat rate costs millions
The Bahamas Electricity Corporation (BEC) could generate multi-million dollar savings for its long-suffering customers by simply bringing its fuel burning efficiency in to line with the global industry average, it was revealed yesterday.
Child pornography accounts for 9% of all cyber crimes
THERE were 118 reported cases of cyber crime in the country in 2015, nearly 25 per cent of which were comprised of child pornography matters and online threats combined, according to data contained in the latest police crime statistics.
FEEDBACK FROM THE FIRM'S KING
By Ian Ferguson We agree that a stronger focus on our customers enhances our ability to grow and expand our businesses, and to deepen our ability to maximise customer satisfaction. We say often that the customer is 'KING', and that they are the driving f
