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Credit union ‘over grading’ migrates to medium risks

Credit unions’ “over-grading” of the financial crime threat posed by customers has gone too far in the opposite direction with the percentage classified as “medium risks” near tripling in 2020.

Baha Mar’s ‘cash run out’ by today

Baha Mar’s dash for Chapter 11 bankruptcy protection was sparked by fears it “would run out of cash” today, with the $3.5 billion project’s inability to open on March 27 having had a “disastrous” and “devastating” effect.

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Rattlers win Holiday Classic

The CI Gibson Rattlers closed out 2015 by repeating as the champions of their own Providence Basketball Club’s Holiday Classic for senior boys by holding off the CC Sweeting Cobras at the Kendal Isaacs Gymnasium on Tuesday night.

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TOUGH CALL: The history of healthcare in the Bahamas

DR HAROLD Munnings is about to publish a book on the history of healthcare in the Bahamas.

Royal Bank readies for Freeport Expo

BC Royal Bank of Canada and RBC FINCO will tomorrow stage its 2013 Home & Auto Expo at their Freeport Branch on East Mall & Explorers Way.

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Hurricane Joaquin destroys buildings, unleashes flooding throughout Friday

HURRICANE Joaquin destroyed houses, uprooted trees and unleashed heavy flooding as it hurled torrents of rain across the Bahamas on Friday while the US Coast Guard said it was searching for a cargo ship with 33 people aboard that went missing during the storm.

Exchange control reforms imminent

Further steps to liberalise the Bahamas’ exchange control regime will be announced within the next several weeks, a Cabinet Minister yesterday suggesting they would boost the “ease of doing business”.

‘Heritage comes first’ for tourism’s revival

The National Art Gallery has increased annual visitor numbers more than six-fold within three years, its director telling a nation urgently seeking new tourism markets: “Heritage comes first.”

Gov’t not meeting obligation to 33% of social workers

The Government is not living up to its obligations to the 33 per cent of Department of Social Services staff who were initially hired via the Unemployment Assistance Programme, the Auditor-General has warned.

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Jonquel Jones and Sun fall in 2-1 hole

Candace Parker helps Sky beat Sun 76-72

The Connecticut Sun lost a pivotal game three of the WNBA semifinals and surrendered home court advantage for the remainder of the series, but the story emerging out of yesterday’s game was the limited time Jonquel Jones received down the stretch.

Larson a victim of fragility?

I must confess from the outset that I too had joined the chorus of irate Black Bahamians subsequent to revelations in Parliament by Prime Minister Philip “Brave” Davis that the former Free National Movement (FNM) government had paid Susan Holowesko-Larson $1,750 per week to chair the National Food Security Taskforce.

Cleveland Eneas primary takes lead into the final day

DAY two of New Providence Public Primary Schools Sports Association (NPPPSSA) saw more primary schools cement their positions in the total team rankings going into the final day of the meet.

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‘Why did it take Chinese protest to deal with landfill?'

DEMOCRATIC National Alliance Leader Branville McCartney yesterday castigated Prime Minister Perry Christie over reports the government is leaning toward a Bahamian consortium to alleviate woes at the New Providence landfill just days after a Baha Mar official suggested that the state of that property could be an issue for the resort moving forward.

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PMH fee increases are 'not so simple'

A Cabinet minister yesterday admitted that the plan to implement up to 500 potential fee increases at the Princess Margaret Hospital (PMH) was “not as simple as it may seem”.Dr Duane Sands, minister of health, told Tribune Business that the Governmen

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Sunwing's 'madness' airlift contract doesn't deliver

MINISTER of State for Grand Bahama Kwasi Thompson has assured the government is addressing the question of airlift for Grand Bahama, after airline Sunwing announced plans to scrap its summer airlift initiative.He also said the government’s discussion

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‘HOUSING PLAN JUST ISN’T FAIR’: Turnquest’s challenge to PM’s pet project on affordable homes

FORMER Minister of Finance Peter Turnquest has criticised Prime Minister Dr Hubert Minnis’ housing programme for western New Providence, calling the legislation to facilitate it “inherently discriminatory” and open to a court challenge.

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More than 700 food vouchers distributed in Freeport

MORE than 700 food vouchers were provided to five local entities in Freeport through the national food distribution programme launched on Friday in Grand Bahama.

Bank's new owner aiming to become 'standard bearer'

A Bahamian bank's new owners yesterday said they aim to expand its assets under administration to $1.5bn within two years and pledged to become "a standard bearer" for the jurisdiction.

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Govt hopes to turn Grand Lucayan over to Holistica Group by end of year

The government is hoping for full turnover of the Grand Lucayan Resort to the Holistica Group by the end of year, according to Minister of State for Grand Bahama Senator Kwasi Thompson, who describes the deal as “hugely important” to Grand Bahama’s recovery.

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Resorts voice fears on COVID ‘seeds of doubt’

A HARBOUR Island hotelier is hoping that the “seeds of doubt” sown by COVID-19 lockdowns and other restrictions will evaporate once the Government “lands” on a more consistent approach.