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Scotia: Bahamas ‘skews’ bad Caribbean mortgages
Scotiabank’s regional chief yesterday revealed that its non-performing Bahamian mortgages were nine percentage points higher than the Caribbean average, which would be cut to just 8 per cent if this nation’s data was excluded.
Cable targets $80m New Providence fibre roll-out
Cable Bahamas plans to invest $80m over the next two-three years on rolling out its New Providence fibre-to-the-home network, its top executive has revealed.
Prince Charles business owners seek compensation from government
BUSINESS owners in Prince Charles Drive have got together to get the government’s assistance in providing some form of compensation for their losses as a result of the New Providence Road Improvement Project.
80 SMES in Grand Bahama to benefit from grants programme
By DENISE MAYCOCK Tribune Freeport Reporter dmaycock @ tribunemedia.net SOME 80 small businesses in Grand Bahama that were affected by Hurricane Dorian will benefit from a grants programme to assist with reopening their businesses. A Small Busine
High office, retail demand for $250m PI development
The developer behind Hurricane Hole’s $250m revival has fully leased all the office space in phase one of its project together with 80 percent of the retail units, it has revealed. Sterling Global Financial said the Paradise Island-based development
PM slams strike threat at Grand Lucayan hotel
PRIME Minister Perry Christie yesterday slammed trade unionists for threatening an imminent strike at Freeport’s Grand Lucayan resort, arguing that such action “makes no sense” if the workers’ best interest was their priority.
Super Value’s four-fold boost from pre-VAT rush
Super Value’s owner says his stores did four times’ more business this New Year’s Eve than in 2013, as consumers “went out with a vengeance to beat Value-Added Tax (VAT)”.
Hardware stores 'swamped' all day
Hardware stores yesterday said they were “swamped from 8am” as they opened for the first time in a month following the COVID-19 lockdown and emergency orders.Brent Burrows, general manager of CBS Bahamas (Commonwealth Building Supplies), told Tribune
Pests beware: Merger combines 88 years of termination knowledge
TWO pest control companies with a combined 88 years’ experience will be able to take on more “large scale projects” following their merger under the Rentokil umbrella.
Buddy Hield and Sooners off to flying start
PUNDITS expected Buddy Hield to have a breakout season for the Oklahoma Sooners in his sophomore year, but Hield has exceeded expectations thus far on the floor as a scorer and in the locker room as a leader for a team that expects to surprise many people in the Big 12.
Falcons to face Cobras in Hugh Campbell championship tonight
THE 28-team field is down to two and the championship matchup in the 2018 Hugh Campbell Basketball Invitational will feature a familiar New Providence- Grand Bahama rivalry.
Cherubins win opener
IF the closing game of the 2013 Hugh Campbell Basketball Classic can provide anywhere near the excitement of yesterday’s opening game, the 31st edition of the tournament is shaping up to be one of the most exciting tournaments in recent memory.
Fidelity 'turns on a dime' via 67% profit rise
Fidelity Bank (Bahamas) yesterday said its ability to “turn on a dime” gave it a competitive advantage over larger commercial banks, although it conceded it had “taken many years” to deliver 2012’s $6.4 million comprehensive income.
Chamber chief: ‘Not right time’ for extra BPL debt charge
THE Chamber of Commerce’s chief executive is arguing that “now is not the right time” for Bahamas Power & Light (BPL) to add additional charges to customer bills.
Gov't 'can't damage fiscal position' over insurer VAT demand
THE Government cannot “damage our revenue position” in seeking to making catastrophic insurance coverage more affordable, the Deputy Prime Minister said yesterday.K P Turnquest told Tribune Business that the increasing cost of hurricane protection wa
Realtor unveils his rent-to-own crowdfund plan
A Bahamian realtor yesterday predicted his crowdfunding-driven rent-to-own initiative could build a $10m property portfolio within two years, adding: “The sky’s the limit.”
Five years in jail for robbing phone card vendor
A MAN who admitted to mugging a phone card vendor, asked a judge for a chance to turn his life around before a five-year sentence was handed down to him.
Marine pilot firm expands to Bimini
A Bahamian marine pilot company has expanded its services to Bimini after obtaining the necessary approvals from the Ministry of Transport and the Port Department. “Marine pilots services are of the utmost importance as it pertains to maritime safet
A look back on great moments in sports history on March 21
Enough of the mock NFL Drafts, and monitoring where the likes of Tony Romo, Adrian Peterson and Jamal Charles will all end up, and under what circumstances?
New Delta volumes ‘quite encouraging’
Initial passenger numbers on Delta Airlines’ flights into both North Eleuthera and Marsh Harbour are “quite encouraging”, the Out Island Promotions Board’s executive director said yesterday, adding that this should “bode well for all stakeholders”.
