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BOB eliminates ‘external influences’ of past rescue
Bank of The Bahamas has “eliminated a lot of the external influences” that helped produce two taxpayer-funded rescues, its top executive has revealed, with the institution “on track” to hit this year’s $8m-$9m profits target.
Jasmine Mackey misses CARIFTA-qualifying time
IN a gutsy performance on Saturday at the Road Runners’ Dianna Lynn Thompson’s Memorial Track Classic, middle distance runner Jasmine Mackey came so close to eclipsing the qualifying standard for the girls under- 20 1,500 metres for the 50th CARIFTA Games.
Moody’s claims that we’re optimistic? We have to be
The Bahamas must “hold the line” on government spending to build investor confidence that it is not solely relying on economic growth “to fund any errors” in its fiscal projections, a well-known banker urged yesterday.
STATESIDE: Restlessness in the US over amount of aid to Ukraine
THERE’S been a lot of talk since the beginning of this year about American resolve.
Tourism Minister calls Minnis’ Bahamasair comments ‘irresponsible’
TOURISM, Aviation and Investments Minister Chester Cooper said former Prime Minister Dr Hubert Minnis was “irresponsible” when he told parliamentarians on Monday that millions of dollars were missing from Bahamasair.
‘Worryingly low’ graduation’s blow to high-value economy
The Bahamas’ ability to develop high-value industries and diversify its economy are impaired by “worryingly low” graduation rates at its sole university with just 7 percent of students studying science and technology-related courses.
BOB hopes for imminent commercial loan restart
BANK of The Bahamas is hoping to receive regulatory approval to restart commercial lending activities next month, its managing director said yesterday.
Bahamasair suspends flights to Haiti’s capital
Bahamasair’s weekly jet service to Cape Haitien has been “leaving full every time” even though service to the country’s capital has been suspended from January 28, its managing director revealed yesterday.
Firearms task force ‘to create safer Bahamas’
PRIME Minister Philip Davis said the success of a firearms task force will make fighting illegal weapons more likely by providing a coordinated and comprehensive approach to the problem.
Ed Armbrister Baseball League officially open
PLAY ACTION ON DIAMOND CONTINUES THROUGH TO APRIL
AFTER hosting their developmental training programme at Flamingo Park in Carmichael Road, organiser Michael Butler said it was time for them to expose the players to a full-fledged league with games being played at the Baillou Hills Sporting Complex.
DPM targets 8m visitors for 2023
The Deputy Prime Minister yesterday forecast that 2023 tourist arrivals will hit the eight million mark with downtown Nassau’s British Colonial Hilton set to fully re-open by year-end.
Police: Reported financial crimes strike five-year low
TOTAL financial crimes reported to the Royal Bahamas Police Force (RBPF) fell to their lowest level for five years in 2022 with a near-30 percent decline compared to 2021.
Hotels eyeing ‘unprecedented forward bookings’ during 2023
The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday disclosed the industry is eyeing “unprecedented levels of forward bookings” for the 2023 first half and full year after December beat historical trends by 10 percent.
Cruise port’s $138m refinance eyes millions in cost savings
Nassau Cruise Port yesterday disclosed it is aiming to slash annual debt servicing costs by several million dollars through refinancing the $138m bond debt that kickstarted its transformation at COVID’s peak.
Crimes against the person increased by 23 percent last year
POLICE Commissioner Clayton Fernander revealed on Friday that crimes against the person increased by 23 percent last year when compared to the same period in 2021, including murders, armed robberies and sex crimes that also trended upwards.
Regulators, millionaires win double header
THE Leno Regulators and the Mekaddish Millionaires won the New Providence Basketball Association’s double header played on Wednesday night at the AF Adderley Gymnasium.
NM Valentine Cox dominates The Bahamas National Chess Championship
NM Valentine Cox dominated the 2023 Bahamas National Chess Championship, winning the prestigious event with an impressive 8 out of 9 points.
SBF: Bahamas attacks motivated by prejudice
Sam Bankman-Fried planned to mount an impassioned defence of The Bahamas before the US Congress by implying that attacks on it over FTX's implosion were motivated by racism and prejudice.
Giants and Eagles win the NPBA’s double header
THE Commonwealth Bank Giants and the RC Liquors Eagles won the New Providence Basketball Association’s double header played on Monday night at the AF Adderley Gymnasium.
FACE TO FACE: Leading light in American football for The Bahamas
AMERICAN football has yet to become as big as it could be in The Bahamas. Even though thousands of Bahamians energetically follow the NFL and anticipate the Superbowl, football is not a major sport in this country.
