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Ayton posts double double in loss
DEANDRE Ayton recorded his 14th double double of the postseason but the Phoenix Suns lost their third consecutive game of the NBA Finals and now face elimination for the first time in the 2021 Playoffs.
HUBERT EDWARDS: A matter of life and debt
There is every expectation that The Bahamas’ current economic crisis will eventually come to an end. These things always do. What is not as clear is when, and how, it will be corrected.
PAHO: Don’t reopen fully when cases are on the rise
A PAN American Health Organization official has warned countries against fully reopening economies while COVID-19 cases are rising.
Carnival’s GB port to double arrivals to 1m
Carnival’s Grand Bahama port will double the passengers it brings to the island to one million within three years of completion, economic forecasters have predicted, while boosting annual visitor spend by $68m.
Neutrality boost if ‘get ahead of G-20’
THE Bahamas can become a “neutral” venue for deal structuring and other major transactions “if we can get ahead of the curve” on the latest tax avoidance crackdown, a prominent banker argued yesterday.
TV PROVIDER FACES PROBE ON SERVICE: Watchdog URCA to hold investigation into Cable Bahamas’ breakdowns
Regulators last night pledged to investigate Cable Bahamas’ TV service quality and said they were “majorly concerned” by the length and frequency of outages suffered by customers.
PETER YOUNG: Beating the Germans at Wembley, dare we dream of more?
AFTER writing last week about the then upcoming clash between England and Germany at the European football championships, the extraordinary events of recent days demand a return to the subject today.
Doctors in $7.747m COVID testing boost
Doctors Hospital enjoyed a $7.747m revenue boost as a result of administering more than 100,000 COVID-19 tests during the ten months to end-January 2021, it has been revealed.
Central Bank signals reserves past danger
The Clearing Banks Association’s chairman yesterday said he is “not jumping through hoops just yet” despite the Central Bank’s actions signalling the post-COVID recovery is on “an upward trend”.
Nearly $50m loans fall into delinquency
Almost $50m worth of loans became delinquent during May 2021 as COVID-19 payment deferrals continued to expire, the Central Bank of The Bahamas has revealed.
Insurer’s $5m payout to boost equity return
A Bahamian insurer will “significantly reduce our cost of capital” by redeeming $5m in preference shares as it awaits regulatory approval to acquire an agency owned by one of its main shareholders.
Construction costs to jump 20% this year
Two ex-Bahamian Contractors Association (BCA) presidents yesterday warned that construction costs will likely increase up to 20 percent this year as cement became the latest product to take a hit.
‘Greater resolve’ to eliminate Bahamas in financial services
A former prime minister yesterday warned that COVID-19 has “only strengthened the resolve” of major nations to eliminate the competitive threat posed by The Bahamas and other Caribbean countries.
STATESIDE: You can feel it’s coming – another summer of unrest for a troubled country
WHILE the meteorological hurricane season has already begun for 2021, there is increasing evidence that a new political and social hurricane season is just starting to get underway in the United States.
Deandre Ayton soars for last second alley-oop, Suns top Clippers to take 2-0 lead in West finals
PHOENIX (AP) — Deandre Ayton jammed an alley-oop pass from Jae Crowder with 0.7 seconds left, giving the Phoenix Suns a thrilling 104-103 win over the Los Angeles Clippers last night in Game 2 of the Western Conference finals.
Govt touts 14,000 new SMEs created
The government yesterday sought to show its small and medium-sized enterprise (SME) focus is delivering results by reiterating that almost 14,000 such businesses have been formed since the 2017 general election.
Junior golfers take home national amateur titles
HEATHCLIFF Kane and Anne Fernandez emerged as the Bahamas Golf Federation’s 2021 National Amateur Golf Championships’ male and female champions.
Straw Market Authority pays off debt
DEPUTY Prime Minister and Minister of Works Desmond Bannister said the board of the Straw Market Authority has paid off nearly $500k in debt owed to the National Insurance Board, Bahamas Power and Light and the Water and Sewerage Corporation.
Ex-AG: Put real estate residency threshold to $1m
A former attorney general has called for The Bahamas to increase the real estate investment threshold for economic permanent residency to $1m, and asserted: “It should never have been lower than that.
