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BAHAMAS REPORTED TO BE LESS CORRUPT THAN THE US
By DANA SMITH dsmith@tribunemedia.net THE Bahamas is less corrupt than the United States, according to a report released yesterday. Transparency International's Corruption Perceptions Index (CPI) ranks countries based on "their perceived levels of public
BAHAMAS REPORTED TO BE LESS CORRUPT THAN THE US
By DANA SMITH dsmith@tribunemedia.net THE Bahamas is less corrupt than the United States, according to a report released yesterday. Transparency International's Corruption Perceptions Index (CPI) ranks countries based on "their perceived levels of public
‘Walk and chew gum’: Subsidies, debt cost $938m
The Bahamas “must walk and chew gum” on its fiscal and economic revival, a leading banker has warned, with $938.5m - one third of government spending - taken up by debt and subsidy costs.
Over half of unemployed jobless for 12 months
More than half of unemployed Bahamians have been jobless for a year or more, an Inter-American Development Bank (IDB) report warning that labour productivity had also declined between 2000 and 2007.
Domnick Bridgewater and ‘Kino’ Burrows post big game
BEFORE they head off for their national team duties for the Pre-Olympic Qualifying Tournament, guard Domnick Bridgewater and centre Jaraun ‘Kino’ Burrows left their mark on the Bahamas Basketball Federqtion’s Summer of Thunder Tournament.
Avoid furlough end ‘double whammy’
The Grand Bahama Chamber of Commerce’s president has warned that the furlough period’s end must be “well thought-out” to avoid inflicting a “double whammy” on workers and businesses.
Falling mortgage arrears improve commercial loan position
COMMERCIAL bank loan arrears improved in February by $60.2m, with the most significant decline in mortgage arrears which, according to the Central Bank of the Bahamas, contracted by $39.2m.
Bahamians pay price of ‘double BPL whammy’
Bahamian businesses and households are paying the price of “a double whammy” caused by the recent fires at Bahamas Power & Light’s (BPL) Clifton Pier plant, it was revealed yesterday.
Water Corp 'aggressively' targets $45m deadbeats
The Water & Sewerage Corporation is aiming to cover 100 per cent of its expenses by 2020, as it “aggressively” pursues deadbeat customers owing more than $45 million.
Rand Memorial Hospital 'yet to fully recover' from loss of staff after Dorian
THE Rand Memorial Hospital has yet to fully recover from the loss of physicians and nurses in specialty areas and hospital equipment.
Puerto Rico blows out Bahamas by 64 points
The Bahamas couldn’t stop the up-tempo game from host Puerto Rica and ended up getting blown out by 64 points in the FIBA U17 Centrobasket Championship for Women.
Two men face court charged with murders
TWO men were remanded to the Fox Hill correctional facility yesterday after being arraigned in connection with two separate murders.
Gov'ts $300m bond issue oversubscribed '20 times'
The Bahamas has received “a huge vote of confidence” after the Government’s $300 million foreign currency bond issue was 20 times’ oversubscribed, with investors accepting an interest rate almost one percentage point lower than anticipated.
Less than 1/4 of NIB pension recipients come from poorest 20%
By NEIL HARTNELL Tribune Business Editor Fewer than one in four Bahamians receiving a National Insurance Board (NIB) non-contributory pension come from the poorest 20 per cent of society, an Inter-American Development Bank (IDB) report disclosing that pl
Freeport Harbour in major redevelopment
A proposed oil recovery plant has agreed to expand its footprint by 20 per cent as part of a major redevelopment of Freeport Harbour, Tribune Business can reveal.
Homeowners tell PM: Honour $40k rebate
Frustrated homeowners in a Fort Charlotte subdivision yesterday said the prime minister has yet “to honour” his pledge to give them a $40,000 rebate on the government houses they purchased.
Bobby Brown headlines the Jingle Ball
FORGET Santa Claus, ‘80s R&B superstar Bobby Brown is coming to town.
Popeyes to add 80 jobs with new site
Popeyes Bahamas is investing more than $2 million to launch its second restaurant on Carmichael Road before year-end 2016, a move that is expected to create 80 jobs.
BTC discloses 400% Internet sales rise
The Bahamas Telecommunications Company (BTC) yesterday said product bundling and competitive pricing had increased its broadband Internet sales by 400 per cent over the previous year.
Kai Jones commits to the University of Texas Longhorns
THE much-anticipated recruiting process for Kai Jones has come to an end and the Bahamian prep superstar basketball player has committed to the University of Texas.
