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RBC chief pledges company account opening upgrades

Royal Bank of Canada's (RBC) top Bahamas executive yesterday pledged to address the challenges encountered by Family Island business clients when it comes to opening corporate bank accounts.

BPL: 8% 'crazy growth' in New Providence

A senior Bahamas Power & Light (BPL) executive yesterday said the utility had seen "crazy growth" in customer demand over the summer with New Providence's peak load increasing by 8 percent year-over-year.

‘Structural vulnerabilities’ weigh on robust growth

Standard & Poor’s (S&P) yesterday forecast Bahamian economic growth for 2024 will fall back to historical trends at 1.8 percent as it warned that such levels, together with “structural vulnerabilities”, weigh on improved credit ratings.

S&P: Austerity ‘likely’ to meet Gov’t debt targets

Standard & Poor’s (S&P) last night argued that the Government will likely struggle to meet its debt reduction targets “without material new revenues, significant cost-cutting or well above average economic growth”.

Chisholm Jr and Marlins celebrate latest historic double grand slam feat

BAHAMIAN Jasrado “Jazz” Chisholm Jr and the Miami Marlins celebrated his latest historic feat, being the team’s first player to notch grand slams in back-to-back games.

Police investigate after man found dead on cruise ship

Police on New Providence are investigating the death of a 29-year-old American man of Carbon Dale, Illinois, on a cruise ship.

$657k ‘pipeline’ blockage kept ArawakX insolvent

The Bahamas’ first-ever crowd-funding platform was branded “no longer solvent at February 2023” by external auditors who warned that $656,500 in “pipeline” revenue could not be used to restore a “net equity” position.

Officer faces tribunal over striking boy

ACTING Police Commissioner Leamond Deleveaux said the police officer who struck a boy in a viral video was removed from frontline policing and placed before the police tribunal yesterday.

Jonquel, Liberty advance to WNBA playoff semifinals

WOMEN’S National Basketball Association (WNBA) player Jonquel Jones posted her second straight double double to complete the 2-0 sweep against the Washington Mystics last night.

BGDBA Playoffs: Panthers lead 2-1 in series, Cybots remain undefeated

THE Ministry of Youth, Sports and Culture (MOYSC) Panthers and Bain and Grants Town Cybots are heating up in round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs.

Golfer Richard Gibson Jr gains valuable experience

RICHARD Gibson Jr, the Bahamas’ top ranked international amateur golfer, returned home last week after participating in the 42nd US Mid-Amateur Championships that took place at the Sleepy Hallow Country Club in Scarborough, New York.

19-year-old fined for marijuana infused candies

A 19-year-old youth was fined $1,500 yesterday after admitting to having 27 marijuana-infused candies last week.

Crowd-funder: From $4m to $200m in 14 months

The Bahamas’ first-ever crowd-funding platform purportedly increased in value from just $4.38m to an astonishing $201.75m in just 14 months, it was alleged yesterday, despite accounts revealing a $2.659m “deficit” at end-July 2022.

‘Room for improvement’: Trade deficit expands 28% to $1.09bn

The Bahamas Trade Commission’s chairman yesterday said “there’s a lot of room for improvement” after this nation’s trade deficit expanded by almost $184m or 28 percent year-over-year to hit $847m in the 2023 second quarter.

BAHAMAS LADIES ON ‘ROAD TO GOLD CUP’: Women’s national soccer team to host Grenada tomorrow

For the first time in about three decades, the Bahamas senior women’s national soccer team will get a chance to compete on the international stage just like their male counterparts.

Federation boasts ‘vibrant’ beach volleyball programme

AFTER an intense month of training sessions that was completed on Saturday, the Bahamas Volleyball Federation feels it is better equipped to move forward with a vibrant beach volleyball programme.

UB cross country teams show ‘great improvement’

THE University of The Bahamas cross country teams had to fight through a thunderstorm weather delay to have several improved individual performances at the Keiser University Flagship Invitational at the Okeeheelee Park in West Palm Beach.

Siblings accused of robbery

A BROTHER and sister were remanded in custody yesterday after they were accused of robbing a man at gunpoint on Bacardi Road.

ArawakX’s fate now in Supreme Court hands

The Supreme Court will hear arguments from all sides on October 13 as to whether The Bahamas’ first-ever crowd funding platform should be wound-up due to regulatory concerns about its solvency and operations.

‘Very credible’ Freeport city manager emerges

A “very credible” candidate to take over Freeport’s management is said to have met with both government and Grand Bahama Port Authority (GBPA) ownership as the idea of the latter devolving its quasi-governmental powers gains traction.

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