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MORTGAGE COMPANY 'WAS NEAR BANKRUPTCY'
By AVA TURNQUEST Tribune Staff Reporter aturnquest@tribunemedia.net THE Bahamas Mortgage Corporation was headed to bankruptcy as a result of "reckless lending habits" under the PLP administration, chairman Dr Duane Sands said yesterday. Dr Sands said tha
MORTGAGE COMPANY 'WAS NEAR BANKRUPTCY'
By AVA TURNQUEST Tribune Staff Reporter aturnquest@tribunemedia.net THE Bahamas Mortgage Corporation was headed to bankruptcy as a result of "reckless lending habits" under the PLP administration, chairman Dr Duane Sands said yesterday. Dr Sands said tha
$6m economic boost via new Carnival ship
CARNIVAL Cruise Lines’ latest ship Carnival is expected to pump more than $6 million into the Bahamian economy over the next six months, the Minister of Tourism believes.
Brandon Murray named National Player of Week
BRANDON Murray produced a career day that most players - at any level - can only dream of having on the baseball diamond and set several school records in the process.
Cans For Kids launchs 'Spring Bash Collection Competition'
By ALESHA CADET
Nurses take strike action
THE FNM has criticised the government for failing to keep its promises to Bahamian workers after nurses across the public health system failed to show up for work yesterday.
Conference to be held on stem cells
FREEPORT – The International Stem Cell Society’s global conference will take place February 19-22 at the Grand Lucayan Resort in Grand Bahama, it was announced yesterday.
Queen's College presents 'Guys and Dolls' musical
IT will be three nights of song and dance as Queen’s College stages its version of the popular musical “Guys and Dolls” this week.
Price control abolition 'all politics'
THE Retail Grocers Association head suggested yesterday that the price control abolition issue was “all politics”, claiming that successive governments had passed on abolishing price control for fear it would be used as a political football against them.
VAT exemptions 'not in best interest of gov't or businesses'
EXEMPTIONS under the proposed Value Added Tax (VAT) systems would “not be in the best interest of the government or businesses” according to the head of the Retail Grocers Association, who argued that the potential to recover only 20-25 per cent of their inputs would eventually drive some retailers out of business.
Financial sector boost via perpetuity 'honour'
The Bahamian financial services industry may obtain a competitive advantage from a recent precedent established by the Supreme Court, which proves the judiciary will “honour” the law enabling old trusts to continue ‘in perpetuity’.
Shanty Town fire kills two, leaves hundreds homeless
POLICE in Abaco are investigating a fire that claimed the lives of a mother and her year-old son.
Shock tactics: Pupils to spend a night in the cells
STUDENTS with disciplinary problems will have to spend a night at the Central Detective Unit and visit Her Majesty’s Prison as a part of the government’s new “shock treatment package”.
'Significant' economic impact from the Relays
Bahamian organisers behind this weekend’s World Relays yesterday said that while initial figures were still being compiled, they expected to meet their targets through a “quite significant” economic impact.
Tourism in best physical condition for ‘20 years’
The Bahamian hotel industry is enjoying a “strong” summer season, the Bahamas Hotel and Tourism Association’s (BHTA) president yesterday suggesting the industry was preparing for perhaps its “best physical product in 20 years”.
Christie government was slow to act
Christie government was slow to act SPEAKING at the opening of Golden Gates constituency office, Prime Minister Ingraham said that the New Providence Road Improvement Project could have been completed "six or seven years ago" if it weren't for the incomp
D’Aguilar: Fake vaccination cards are a concern
TOURISM Minister Dionisio D’Aguilar says officials will have to determine what sort of mechanism will be needed to ensure visitors are not using false vaccination cards when applying for travel health visas.
Baha Mar Hoops: Hurricanes clinch men’s title
THE University of Miami Hurricanes made their short trip to the Bahamas a memorable one at the Baha Mar Hoops Bahamas Championships yesterday in the Baha Mar ballroom.
NPBA: Giants and Regulators on collision course for big showdown
THE Commonwealth Bank Giants and Mr Ship It Freight Regulators are on a collision course for a big showdown in the John Archer Division of the New Providence Basketball Association’s 2017 postseason.
