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CIBC’s corporate unit in 40% bad loan shrink

CIBC FirstCaribbean’s Bahamian corporate and investment banking unit saw non-performing loans shrink by almost 40 per cent in its 2016 financial year, as the bank continued its “solid” recovery from past credit provisioning.

NIB: 20k jobless claims processed

The National Insurance Board (NIB) has paid out $16m in benefits, and processed more than 20,000 unemployment benefit claims, during the first month of the COVID-19 lockdown.Brensil Rolle, minister of the public service and national insurance, told t

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Construction VAT silence branded ‘unconscionable’

Abaco’s Chamber of Commerce president yesterday said it was “unconscionable” that the Government had yet to reverse VAT’s return on construction services, adding: “There’s a lot of angry people here.”

VAT register goal exceeded by 30%

By NATARIO McKENZIE

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NCAA WOMEN: Top ranked teams emerge as champions

IN Grand Bahama, women’s NCAA basketball held true to form as the top ranked teams coming into the tournament emerged as champions in their respective divisions of the 11th Annual Junkanoo Jam.

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‘Buddy’ headlines training camp for Sr Men’s National Team

MIAMI, Florida — The Bahamas senior men’s national basketball team is back on the path toward FIBA World Cup 2023 qualification and that journey began in earnest this week with an offsite training camp.

'National interest' demands web shop expansion slows

The Bahamas’ “national interest” demanded that the government “slow down the rate of growth” in web shop gaming through increased taxation, a Cabinet Minister is arguing.Dionisio D’Aguilar, minister of tourism and aviation, told Tribune Business that

PM: BPL outages just ‘too amazing’

Prime Minister Perry Christie yesterday described as “too amazing” the occurrence of three island wide black-outs on New Providence within a one-week period, adding that that the situation needed “the highest investigation”.

Illegality of abortion is dangerous

Some 85 years ago, a doctor in England examined a 14-year-old girl and determined that she was sufficiently developed physically to carry her pregnancy to term.

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VIDEO: Kenred Dorsett granted $50,000 bail

FORMER Environment and Housing Minister Kenred Dorsett was granted $50,000 bail with two sureties in the Supreme Court on Friday.

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University of the Bahamas Mingoes rout island game pros 89-70

COACH Baccus Rolle said he knew sooner or later his University of the Bahamas Mingoes would explode against the Island Game Pros. He just didn’t know when.

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Panthers top Mingoes, stay undefeated at 5-0

THE University of the Bahamas Mingoes got close but could not get over the defending NPVA women’s champions Panthers and fell in three sets at the DW Davis Gymnasium on Wednesday.

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Providence Storm Basketball Holiday Classic heats up

ALTHOUGH they are still recovering from the devastation of Hurricane Dorian, the Agape Academy Eagles are eager about the full return of sporting activities whether on the island of Abaco or here in the capital.

‘Four hurricanes’ cost GB resort 20% of its revenues

A Grand Bahama resort generated “about 20 percent more revenue” prior to the “four hurricanes” that have struck the island since 2016, its senior executive has revealed.

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Lewis: Farm Road residents are posing us a challenge

THE Farm Road shanty town in Abaco remains occupied, hindering clean-up efforts in that area, according to Minister of State for Disaster Preparedness, Management and Reconstruction Iram Lewis. He made the statement when updating reporters outside C

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Bahamas rout T&T to top pool play in CBC U-16

AFTER a day’s rest, the Bahamas girls basketball team came back and routed Trinidad & Tobago by 53 points to win their pool play in the Caribbean Basketball Confederation’s Under-16 Girls Basketball Championship Tournament.

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Strong Bahamian presence at the AUS Championship

THE Atlantic University Sport conference championships will have a strong Bahamian presence after three teams clinched spots in the playoffs or top seeding over the weekend. The AUS Championship will be hosted February 28 to March 1 at the Scotiaban

Atlantis places renewable energy on 'front burner'

Atlantis will be “redirecting” its focus to renewable energy generation systems now that it has concluded its $1.9 billion debt refinancing, its top executive saying last week’s island-wide power blackout could not have happened at a worse time.

Students lose math fear via web-based learning

The Bahamas Technical and Vocational Institute (BTVI) has been using Internet-based learning systems to reduce the fear of mathematics among its students. The subject has always been daunting for Darian Smith. Since high school, he always struggled w