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Sale of Doctors’ new GB home in November close

The sale of Doctors Hospital’s new Freeport home will represent the final asset disposal for a former BISX-listed company when it completes next month, Tribune Business can reveal.

HUBERT EDWARDS: Bahamas requires open reckoning on challenges

The economic recovery for The Bahamas must be urgent, broad-based, strategic and focused on multiple areas at the same time. Every effort must take on a holistic approach, designed to secure fundamental and sustainable fixes for the issues that have plagued the country for decades, and create economic growth but not just for the initial recovery. Anything that is otherwise will be detrimental to the long-term well-being of the nation. In this piece, I look at some select areas of the recent Speech from the Throne.

‘Give comfort’ VAT slash makes sense

The Government must “give comfort” that its planned VAT rate cut will not worsen The Bahamas’ already-precarious economic and fiscal position, an ex-Cabinet minister warned yesterday.

BLTA hosts play tennis programme

THE Bahamas Lawn Tennis Association (BLTA) through its Play Tennis programme is giving youth an opportunity to learn the sport.

URCA: Renewable policies not working

Bahamian energy regulators have conceded their renewable policies are “not attractive” for companies and investors seeking to enter the sector, and are proposing a pricing structure switch.

ALICIA WALLACE: We need to have our say at climate talks

IN less than two weeks, world leaders and activists will meet at COP26, the United Nations Climate Change Conference. The conference will be hosted by the United Kingdom in partnership with Italy. Parties that signed the 1994 United Nations Framework Convention on Climate Change (UNFCCC) treaty.

‘Good tournament’ for Bain and Ramirez despite final defeat

BAHAMIAN freshman Jacobi Bain and his Xavier University of Louisiana senior teammate Juan Ramirez gave it their best shot, only to fall short in the final of the men’s doubles at the Intercollegiate Tennis Association (ITA) Cup Championships in Rome, Georgia on Saturday.

High expectations for coach McPhee-McCuin and Rebels

EXPECTATIONS loom large for Ole Miss Rebels women’s basketball head coach Yolett McPhee-McCuin and her programme with the return of a core group that finished as runners-up in the WNIT.

CIBC: ‘Business as usual’ for Bahamas despite regional sale

CIBC FirstCaribbean yesterday said it was “business as usual” for its Bahamas operations despite its move to exit five smaller regional jurisdictions.

LJ Rose joins Rockets staff

A FORMER Bahamas senior’s men’s national team player will make the move from the court to the sidelines as he joins the staff of his hometown NBA franchise.

Credit access slumps to under 50% of GDP

Credit to the private sector continued its “long-term decline” during the COVID-19 pandemic to drop below a sum equivalent to 50 percent of GDP, Moody’s has revealed.

PETER YOUNG: We need to be tough on illegal immigration but obey the law

THE most recent comment by Senator Ted Cruz about the ongoing crisis on the US border with Mexico says it all.

APD container volumes 1,100 below pre-COVID

New Providence’s commercial shipping industry has suffered “no significant” impact from global supply chain disruptions with container volumes up 11 percent for the two months to end-August.

Air arrivals now 76% of pre-COVID figures

Air arrivals to The Bahamas in July rebounded to over three-quarters of their pre-COVID levels, the Central Bank revealed yesterday, while the drop-off in vacation rental demand eased in August.

BOB targeting ‘real growth, not loan loss management’

Bank of The Bahamas yesterday said it was seeking to drive sustained profitability “from real growth as opposed to managing delinquency provisions” after enjoying a positive $14m bottom line swing.

Miller’s Mario’s re-open faces receivership block

An ex-Cabinet minister’s ambitions to re-open his family’s business are likely to be blocked by the Supreme Court-appointed receivers for the Bank of The Bahamas’ (BOB) bail-out vehicle.

Brewery chief: Pre-COVID revenues not back till 2023

Commonwealth Brewery’s managing director has warned shareholders not to expect the group’s revenues to fully recover from COVID-19 “before 2023” following a $38.2m drop-off last year.

Culmer blasts ‘Gussie Mae’ Cabinet

FREE National Movement chairman Carl Culmer criticised the Davis administration’s “Gussie Mae” Cabinet, which he says contradicts the Progressive Liberal Party’s promises of fiscal prudence.

Bahamian coaches discuss pressing issues affecting local sports

SOME of the most influential members of the Bahamian coaching fraternity came together to discuss some of the most pressing issues affecting local sports on both the local and international levels.

PM urged: ‘Flip switch’ over true meritocracy

The Prime Minister was yesterday urged to “flip the switch” and transform The Bahamas from a political patronage-based system to a meritocracy, an ex-political leader warning: “We can’t afford for them to fail.”

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