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CARIFTA GAMES: Bahamas finishes third, will be hosts in 2018
ST. George's, Grenada: The BTC Bahamas team will be returning from the 45th Carifta Games with a third place finish and the bid to host the 47th version in 2018.
Cost of living to go up after power increase
THE Coalition of Concerned Citizens said that Grand Bahama would experience further increases in the cost of living as a result of the recent electricity base rate increase approved by the Grand Bahama Port Authority.
Firms ‘getting VAT a lot more’
Businesses are “getting it a lot more” in terms of how Value-Added Tax (VAT) works, the tax’s Comptroller praising the private sector for “tremendous progress” during the transition period.
Social services debit card to be introduced before December
SOCIAL Services Minister Melanie Griffin said yesterday that the government expects to implement the initial phase of its conditional cash transfer system – a prepaid debit card – by the end of November.
PM slams predecessor on $99m BTC deficit
Prime Minister Perry Christie has again slammed the former Ingraham administration for failing to provide the $39 million needed to cover the Bahamas Telecommunication Company’s (BTC) original pension fund deficit, arguing that this had caused the shortfall to balloon to $99 million.
Construction mortgages slump 25% during Q2
A 25 per cent contraction in mortgage disbursements during the 2012 second quarter has further highlighted the weak construction and local real estate market, although the Central Bank of the Bahamas said there were signs of a modest uptick.
Bahamians ‘not disciplined enough’ to use casinos
ROBERT “Sandy” Sands, senior vice-president of external and governmental affairs at Baha Mar, said yesterday Bahamians are not “disciplined” enough to be able to gamble in casinos locally.
Mortgage Corp loan provisions $71m off norm
Mortgage Corp loan provisions $71m off norm By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation's (BMC) existing policy underestimates loan loss provisioning by more than $71 million, it was disclosed yesterday, its chairman unveil
Mortgage Corp loan provisions $71m off norm
Mortgage Corp loan provisions $71m off norm By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation's (BMC) existing policy underestimates loan loss provisioning by more than $71 million, it was disclosed yesterday, its chairman unveil
Mortgage Corp loan provisions $71m off norm
Mortgage Corp loan provisions $71m off norm By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation's (BMC) existing policy underestimates loan loss provisioning by more than $71 million, it was disclosed yesterday, its chairman unveil
Mitchell off to quick start with Panthers
Elijah Mitchell continues his stellar early season play for the Birmingham-Southern Panthers men’s soccer programme and has scored three points in his first two games.
Central Bank: Dorian will have negative, short-term impact on Bahamas economy
While the country’s mid-term growth prospects are still positive, the Central Bank has noted that Hurricane Dorian will have a negative impact on the economy in the short-term.
Minister: Give us ‘offset’ to halt oil drilling pursuit
A Cabinet minister yesterday argued The Bahamas should seek "offsetting” compensation from neighbouring countries if it bows to their demands to give up oil exploration.
Alert as hackers target bank account details
A HACKER is now busy on the Internet trying to get your confidential information — even bank accounts — through your e-mail. And so, readers, if you receive a message headed – IMPORTANT DOCUMENT!!! – delete it immediately. Don’t let your curiosity lead you to opening it to find out what it is about, because you too will be caught in the information net.
Exuma resort stages world hockey first
Grand Isle Resort & Spa and the Bahamas shared an unusual world first last week when professional hockey players, decorated Olympians and hotel guests faced off in a road hockey game on the island of Farmer’s Cay.
Shamar work in progress for Ridley College Tigers
SHAMAR Burrows may be a work in progress for the Ridley College Tigers, but he showed Tuesday night he has plenty to work with.
GB Chamber calls for income tax alternative
The Grand Bahama Chamber of Commerce has urged the Government to implement an income tax as a more equitable and progressive alternative to Value-Added Tax (VAT), with both personal and corporate income caught in the net.
AF Adderley Junior Girls Volleyball champions for third straight year
Another sport on the Government Secondary Schools Sports Association calendar, another championship title for the AF Adderley Tigers’ junior girls programme.
Paving success with kindness
As the Bahamas’ first National Women’s Month wound down, a female pioneer in business, financial services and civic life ramped up her advice to women.
Bahamas eliminated
The men’s national volleyball team gave it a gallant effort at the Juan “Pachín” Vicens Auditorium, but a third place finish over the weekend eliminated the Bahamas from the NORCECA Men’s World Championship Qualification Tournament.
