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FINCO goes 'organic' through 2013 with $98m problem loans
FINCO is relying on existing borrowers to “carry us through” to the end of its 2013 financial year, having suffered a “bit of a spike” in accounts over 90 days past due during the 2012 third quarter.
Atlantis ‘close to 90%’ occupancy in coming weeks
Atlantis will operate at “close to 90 percent occupancy” over the next few weeks, its top executive revealed yesterday, with all properties apart from the Beach Towers having re-opened post-COVID.
Nassau/PI resort room revenues decline 7.4%
The Bahamian economy remained “relatively flat” in September, the Central Bank of the Bahamas revealing yesterday that Nassau/Paradise Island hotel room revenues were down 7.4 per cent year-to-date for the first nine months of 2013.
NPBA: Regulators and Pros tied in first place
IT’S still early in the season, but Mr Ship It Freight Regulators and Island Game Pros both won on Monday night to stay tied in first place in the Vince Ferguson Division of the New Providence Basketball Association.
Pinewood still plagued by flooding in community
ADMITTING the chronic flooding in Pinewood is a “historic issue”, area MP Reuben Rahming yesterday confirmed additional drains will be placed in the constituency.
Bahamas to know if 'oil rich' within 6 weeks, says BPC
Bahamas Petroleum Company (BPC) yesterday hailed a Supreme Court verdict that likely removes all obstacles to completion of its first exploratory oil well within the scheduled 45-60 day timeframe.
Overall crime shows 7% decline
CRIME declined by seven percent in 2019 despite a four percent uptick in murders and a 12 percent increase in armed robberies, according to police statistics. Police Commissioner Anthony Ferguson, as he released the statistics, cited Hurricane Dorian for the murder increase from 91 in 2018 to 95 in 2019, saying law enforcement will learn from having its resources stretched to respond to a natural disaster.
Giants rout high flyers in NPBA season opener
THE New Providence Basketball Association tipped off its 2019-20 season Saturday night at the AF Adderley Gymnasium with a championship rematch in Division II.
Turnquest and Anand finish 2nd in their divisions at the 30th Caribbean Junior Golf Championships
TEAM Bahamas produced a pair of top three finishers against elite junior golf talent in the region at the 30th edition of the Caribbean Amateur Junior Golf Championships.The team concluded the final round yesterday following the three-day competition
Out Island resorts see Easter uptick
Family island resorts are reporting strong bookings for Easter, with some fully booked and voicing optimism that they have “turned the corner” despite COVID-19’s lingering impact.
Burrows and Tigers undefeated so far in preseason
SHAMAR Burrows continues to lead the Dalhousie Tigers in an undefeated preseason as Canadian U-Sports basketball returns to the floor.
McCartney: ‘I’m still trying to get more linebacker reps and go after that spot’
NOW one of the veteran leaders on the defending Grey Cup champion Calgary Stampeders, special-teams ace Bahamian Karl McCartney reflected on his time with the club thus far and his plans for the immediate future.
Two years, three months in prison for stealing and lying to officer
A MAN was sentenced to two years and three months in prison in Magistrate’s Court yesterday after admitting to stealing $88 worth of goods from a shop and lying to an officer.
Lilith Adderley, wife of former AG, dies aged 88
LILITH Adderley, widow of former Education Minister and Attorney General Paul Adderley, died Friday morning at the age of 88.
Hurricane season ‘could be quietest since 1997’
IF newly updated weather projections hold true, this year’s Atlantic Hurricane Season would be the least active period since 1997, according to international weather experts.
Demitri Knowles looks to regain his spot in new look Hokies offence
As spring practice continues, Bahamian wideout Demitri Knowles is no doubt looking to have a resurgence this season as the Virginia Tech Hokies rebuild their offence and passing game.
FIBA Centrobasket: Team Bahamas in win column
After improving in each of their first three games played, the Bahamas junior boys’ team finally got in the win column at the FIBA Under-15 Centrobasket Championships.
Bahamas 0-3 after 96-63 loss to Dominican Republic
The Dominican Republic caught fire from beyond the arch in the second half and, in particular, during a third-quarter run where they took control for good en route to a win in the latest World Cup qualifier.
PI resorts eye 90% Xmas occupancies
Major Paradise Island resorts are eyeing 90 percent occupancy levels for the Christmas and New Year holiday, an industry executive said yesterday, with the sector closely watching March softness. Carlton Russell, pictured , the Bahamas Hotel and Tou
A COMIC'S VIEW: Christie’s Baha Mar deal leaves a sour taste in the mouth
To the average Bahamian who follows major events in the country, this was a confusing week.
