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Bahamas to get $60m from IDB during 2016
The Inter-American Development Bank (IDB) plans to approve close to $60 million in loans to the Bahamas this year, its president said yesterday, adding that it currently has a portfolio worth $253 million in this nation.
‘Tanny’ scores 13 with three blocks in Rams’ 96-94 win
LATHANIEL Bastian had an impressive debut in his transition to NCAA Division II basketball to highlight the weekend from Bahamians at the top tier of the sport.
Delroy making a name for himself with the Knights
SINCE joining the Niagara College Knights men’s basketball team, Delroy Grandison has been making a name for himself.
In the NPBA, Stingers rout UB Mingoes, Stampers top Eagles Nest
THE PJ’s Stingers stung the University of the Bahamas Mingoes 87-69 and the Triple K Stampers stomped past the Leno Eagles Nest 97-94 as the New Providence Basketball Association continued its regular season at the AF Adderley Gymnasium.
NHI $1,000 cost 'not pulled from out of thin air'
THE National Health Insurance Authority’s (NHIA) chairman yesterday defended the $1,000 premium costing for its basic package, arguing it had not been “pulled out of thin air”.
NAUGHTY'S NFL PICKS: 13-1 last week... it seems like I’m rounding into form
IT seems like I’m rounding into form - a robust 13-1 last week, 98-58-2 for the season - has me sitting pretty in the standings, distancing myself from the pack in the process.
'Credibility issue' for small business reform
Bahamian small businesses have virtually zero confidence in the existing Government and private sector institutional support structure that is meant to assist them, creating “a possible credibility issue” for efforts to reform this initiative.
‘Bad’ bank loans decline by $102m
Total commercial bank ‘bad loans’ fell by more than $100 million during the 2015 first half, although much more remains to be done to restore this key indicator to pre-recession levels.
90 percent of Virtual Junkanoo production team had COVID-19
YOUTH, Sports and Culture Minister Mario Bowleg revealed yesterday that 90 percent of the team contracted to produce a virtual Junkanoo show had COVID-19, which has affected the production.
Offshore sector 72 times larger than Bahamas GDP
The Bahamian international financial services industry is 72 times larger than this country’s gross domestic product (GDP), an International Monetary Fund (IMF) study has estimated.
PRIVATE SECTOR LOAN DEFAULTS HIT $301M
By NEIL HARTNELL Tribune Business Editor Almost one-third of commercial bank loans to Bahamian businesses are in arrears, something the Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman described as a sign that economic recovery
‘Golden Girl’ re-elected
‘GOLDEN GIRL’ Pauline Davis-Thompson got another feather in her cap. She was re-elected to serve as an individual member of the International Amateur Athletic Federation.
FOUR QUARTER PRESS: Injuries taking toll on Warriors and the Clippers in playoffs
WHOEVER’S job it was to wish and pray for a good playoff tournament in the NBA this year ... that person clearly forgot to show up for work this post-season.
Receivables over three times' Water Corporation target
By NEIL HARTNELL Tribune Business Editor Just how far the Water & Sewerage Corporation has to go to achieve financial viability has been highlighted by several key financial performance indicators, which show it currently enjoys a -44 per cent operating
Wake-up call that stirred team on their path to destiny
AFTER dropping a disappointing loss to Antigua, the Bahamas men’s national team got a wake up call and the reality set in as they starred their destiny against Cuba at the Caribbean Basketball Championships over the weekend in Tortola, British Virgin Islands.
NHI’s $130m price tag ‘just govt's exposure’
The Minister of Health has confirmed that the much-touted $100m-$130m price tag for National Health Insurance (NHI) only covers “the government’s exposure” to the scheme.
375 new cases confirmed
THE Ministry of Health recorded 375 new cases of COVID-19 over a three-day period last week, with cases falling to the double digits for two of those days for the first time this month.
Baha Mar eyes $12bn payroll
REAFFIRMING its commitment to a majority Bahamian workforce, a senior Baha Mar executive yesterday the $2.6 billion resort development would position the Bahamas for economic growth and activity over the next 20 years.
Teens charged with robbing 90-year-old
TWO Bahamian teenagers were remanded to prison Friday after they were arraigned in a Magistrate’s Court for allegedly robbing a 90-year-old man of $500.
Tribute paid to Errington ‘Bumpy’ Watkins
A TRIBUTE was paid last night to Errington “Bumpy” Watkins after his death at the age of 90.
