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COVID collapse sparked rare $1.7bn ‘dual deficit’
Tourism’s “collapse” at COVID-19’s peak “exposed the fragility” of The Bahamas’ current economic model by producing rare twin goods and services trade deficits worth a combined $1.7bn.
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.
Moss, Armbrister turning heads on the hardwood
BAHAMIAN female basketball players at the collegiate level have had an immediate impact with their respective clubs, winning a series of early season accolades.
A chapter of disaster?
The Baha Mar bankruptcy order should be granted in the Bahamas to avoid a damaging dog-fight between creditors, Richard Coulson urges.
Spartans suffer 80-69 loss to Badgers in Big 10 title game
CHAMPIONSHIP Week is in the books, and it was a series of contrasting results for Bahamian players in their respective Men’s Division I conference tournaments.
BPL: 96% have power restored
BAHAMAS Power and Light has restored electricity to approximately 96 per cent of customers in New Providence and has substantially completed restoration efforts in North and Central Andros, BPL said yesterday.
Women's Week events to conclude with march on Saturday
UNDER the theme ‘Press for Progress’, a week-long series of events marking Women’s Week and International Women’s Day will culminate in a march on Saturday. March organisers Equality Bahamas said this year’s events focused on bodily autonomy and cre
Bahamian pro ball players standout in Europe, Middle East
BAHAMIAN basketball players continue to post standout numbers on their respective circuits throughout professional leagues across Europe and the Middle East.
Cybots and Giants trail 2-1 in NBPA semi-finals
DESPITE going in opposite directions at the AF Adderley Gymnasium on Monday night, Mail Boat Cybots and Commonwealth Bank Giants find themselves in the same position in the New Providence Basketball Association men’s semi-final playoff series.
Eleuthera ‘jewel’ for sale at $15m
A “jewel of Eleuthera” is said to be attracting significant buyer interest after being put up for sale with a $15m price tag, a local realtor has disclosed.
Is money running towards or away from you?
By Michelle Miller
Overwhelming support for Operation Potcake
TRIBUNE readers overwhelmingly feel Operation Potcake should continue according to its original model, with 98 per cent of those voting in an online poll supporting the inclusion of foreign volunteers.
Scotiabank: $80m mortgages restructured in 18 months
Scotiabank (Bahamas) yesterday disclosed it had managed to restructure more than $80 million worth of mortgages, held by over 500 customers, within the last 18 months, telling Tribune Business just 5-6 per cent of that number had fallen back into delinquency.
Bahamian companies wait two years for $1m fraud recovery pay
Bahamian companies battling to recover assets lost in a $400 million financial fraud are experiencing “financial stress” themselves because they have not been paid almost-$1 million due for two years’ work.
Wilson 'back as BUT president'
Unofficial results of the BUT general election last night revealed that incumbent president Belinda Wilson has been reelected as president of the union for the third time.
National basketball team standouts making presence felt across globe
SOME of the most prominent names in Bahamian basketball are adjusting well to their new surroundings in their respective leagues.
Baha Mar gets $2m severance pay nod
Baha Mar yesterday obtained Bankruptcy Court authorisation to pay almost $2 million in severance monies, with July 20 now seemingly set as the date that will determine the fate of several thousand employees.
Large support for expansion of NHI to fund health care
NEARLY 90 percent of respondents in a new survey support the expansion of NHI to provide affordable coverage for high cost medical care — including treatment for widespread cancers, dialysis and heart attacks.
Man shot and killed in Pinewood Gardens
A man was shot and killed in the Pinewood Gardens area this morning.
Broker 'caused' to supply false financial details
The mastermind behind a $340 million Ponzi fraud allegedly “caused” a BISX-listed firm’s broker/dealer affiliate to issue “fabricated financial information” that resulted in the value of investors’ holdings being overvalued by almost $149 million.
