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Bank chief slams ‘selfish’ education loan deadbeats

The Clearing Banks Association’s (CBA) president yesterday slammed the “selfish mentality” of delinquent student borrowers who have exposed Bahamian taxpayers to a $100m liability.

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Private sector fears ‘filling gap’ on NHI

The Chamber of Commerce’s chairman yesterday voiced fears that the already-strained private sector will have to “fill the gap” if National Health Insurance (NHI) gets its sums wrong.

POLICE ADVICE: Help your child by being a net-savvy parent

Social media sites such as, Facebook, Twitter, Instagram, Snapchat, and WhatsApp increases communication, access to information and help in developing a sense of self, however, the thoughts of what your child might come across online can be worrying. Here are internet safety advice to make sure going online is a positive experience for you and your child.

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‘Sweet Bells’: Bahamas can look forward to Hield, Ayton in NBA All-Star Game

BAHAMIAN basketball icon Mychal “Sweet Bells” Thompson said the country can look forward to the day when both Buddy Hield and Deandre Ayton are regular participants in the NBA All-Star Game.

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Airlift model ‘debunked’ by 35% expansion rate

The 35 percent expansion in Nassau/Paradise Island airlift over the past 18 months has “debunked” a business model that “cost The Bahamas a fortune”, a Cabinet minister said yesterday.

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Trade expert challenges FDI policies

The Bahamas’ near-exclusive focus on large-scale, multi-million dollar foreign direct investment (FDI) projects has come under fire from a trade expert.

Employer redundancy cap fears 'overblown'

Employer concerns over an increase in redundancy pay were yesterday branded as “overblown”, a senior trade union leader suggesting the current ‘cap’ should be doubled.Obie Ferguson, the Trades Union Congress (TUC) president, told Tribune Business tha

Sandals chief: Bahamas 'can't afford' discount war

Sandals Royal Bahamian’s top executive yesterday revealed that the all-inclusive chain shares Atlantis’s Baha Mar fears, arguing that the Bahamas “can’t afford” a rate discounting war.Gary Williams, the resort’s general manager, told Tribune Business

'Imperfect' Grand Lucayan rescue needs top operator

A Freeport hotelier believes the Government’s Grand Lucayan ‘rescue plan’ can work provided it does not interfere in management and operations.Magnus Alnebeck, Pelican Bay’s managing director, told Tribune Business that the Minnis administration’s pr

Banks approve fewer than 50% of mortgages

Less than 50 per cent of mortgage applications were approved during the 2017 first quarter, highlighting the Bahamas’ ongoing housing crisis and borrower difficulties in qualifying for credit.The Central Bank’s research department, in a presentation

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Standing ovation for Buddy Hield in Oklahoma

IT is not often that you see a home crowd give a standing ovation to an opposing player, but that is exactly the reception Buddy Hield received when he returned to Oklahoma as a professional.

VAT model not given credit for recession avoid

The Bahamas’ Value-Added Tax (VAT) model has not been given enough credit for preventing any “recessionary impact” when it was implemented, the Chamber of Commerce’s president said yesterday.

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Roberts defends party’s plan for free electricity

PROGRESSIVE Liberal Party Chairman Bradley Roberts has defended his party’s controversial plan to provide “free” electricity to customers who keep their residential use below certain limits, saying it coincides with the party’s core principle of helping those who need it most.

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Beach volleyball teams suffer lopsided defeats in prelims

CONSIDER day one a learning experience for Team Bahamas as beach volleyball play began yesterday on the opening day of the VI Commonwealth Youth Games.Both the girls’ and boys’ teams suffered lopsided defeats at the National Beach Soccer Stadium in t

Tourism ‘subdued’; LPIA departures decline 3.6%

The Central Bank yesterday identified a mixed outlook for the Bahamian economy, with increased domestic demand offset by a “subdued” tourism performance that saw air departures shrink by 3.6 per cent.

$377m investment for BPL’s LNG conversion

A total $377.4 million investment is required to convert Bahamas Power & Light’s (BPL) generation plants to liquefied natural gas (LNG), an IMF ‘working paper’ revealed yesterday.

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LJ Rose takes part in a workout with the LA Lakers

FOLLOWING an injury-shortened final collegiate season, LJ Rose has shifted his sights to the professional ranks and had an opportunity to attend a pre-draft workout for one of the NBA’s most storied franchises.Rose participated in a workout for the L

Bran slams ‘fallacy’ of low-tax Bahamas

The Democratic National Alliance’s (DNA) leader has pledged to reform the Business Licence fee if elected to office, so that companies do not pay more in taxes than they earn in profits.

Employment may ‘slightly improve’ after Matthew

The Central Bank of the Bahamas yesterday gave a mixed short-term outlook for the Bahamian economy post-Hurricane Matthew, predicting that employment may “slightly improve” even though the tourism industry will be “below trend” in the Christmas run-up.

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SPORTING MISCHIEF & MAYHEM: Naughty’s Top 5 great sports moments on Christmas Day

AS we get even closer to Christmas, and the veritable ‘sports feast’ that awaits us over the next few days on television, I decided to go with a Top 5 list of great sports moments that occurred on Christmas Day.