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BOB hopes for imminent commercial loan restart

BANK of The Bahamas is hoping to receive regulatory approval to restart commercial lending activities next month, its managing director said yesterday.

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WORLD VIEW: Haiti and Peru biggest worries as democracy in Americas in decline

ALL the countries of ‘the Americas’ ie, those in North, Central and South America and the Caribbean are experiencing political, social and economic trials to some extent.

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Bahamasair suspends flights to Haiti’s capital

Bahamasair’s weekly jet service to Cape Haitien has been “leaving full every time” even though service to the country’s capital has been suspended from January 28, its managing director revealed yesterday.

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FTX’s Bahamian liquidators move for US legal standing

FTX’s Bahamian liquidators will next Wednesday seek US legal recognition that will enable them to conduct investigations and pursue the local subsidiary’s assets held in the United States.

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UB Mingoes men beat Giants 69-51

THE University of The Bahamas Mingoes men’s basketball team pulled off a 69-51 rout over the TMT Giants as the two teams faced off in their second matchup of the New Providence Basketball Association (NPBA) season at the AF Adderley Gymnasium on Saturday night.

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DEREK SMITH: Balancing the risks of working at home

There is no doubt that remote working will continue to grow. With remote work becoming a significant business practice, it has quickly risen to the top of many executives’ agendas and become a vital component of talent attraction, employee retention and staff satisfaction. According to Deloitte & Touche’s Global Remote Work Survey, “over 80 percent of organisations have implemented some form of remote work policy”.

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Art bringing awareness to young lives lost on the street

VIOLENCE in society was the inspiration behind artist Dwight Ferguson’s latest installation - a public artwork in Elizabeth Estates Park, which was unveiled on Saturday.

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Signing allows $150m Briland expansion

THE Davis administration signed an amended Heads of Agreement yesterday with developers behind the Briland Club Residences & Marina development that will allow for the expansion of the Harbour Island-based project, set to cost some $150m.

Insurers dismiss VAT Act ‘misinterpretation’

BAHAMIAN health insurers yesterday said “no one wants to pay an additional 36 percent on their medical insurance” from April 1, 2023, when consumers will have to bear the full VAT burden on claims payments.

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STATESIDE: Church, State and votes

MARGARET and her friend Cecile were worrying about the latest coming of the polar vortex and how it would affect their desire to go shopping in Manhattan later this week. Enjoying a latte together in a suburban New York coffee house as they contemplated changing their plans, Cecile frowned.

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Ed Armbrister Baseball League officially open

PLAY ACTION ON DIAMOND CONTINUES THROUGH TO APRIL

AFTER hosting their developmental training programme at Flamingo Park in Carmichael Road, organiser Michael Butler said it was time for them to expose the players to a full-fledged league with games being played at the Baillou Hills Sporting Complex.

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Businesses dreading the summer as BPL bills bite

SOME local businesses are dreading the approach of summer due to increased electricity costs.

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DPM targets 8m visitors for 2023

The Deputy Prime Minister yesterday forecast that 2023 tourist arrivals will hit the eight million mark with downtown Nassau’s British Colonial Hilton set to fully re-open by year-end.

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Patients are warned: Brace for VAT ‘shock’

Bahamian patients were yesterday warned to brace for “a shock even at the smallest levels” as the change in VAT’s treatment of medical insurance claims payouts will further fuel already-soaring medical costs.

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Bahamian liquidators say ‘no’ to DOJ FTX examiner

FTX’s Bahamian liquidators are opposing the US Justice Department’s bid for an investigator to probe the crypto exchange’s collapse on the grounds it is overkill and will cost creditors “tens of millions of dollars”.

‘Hoops for Homes’ champions emerge

BLYTHE Rolle and Kyle Rolle, of no direct relation, emerged as the upper and lower champions of the Hoops for Homes initiative that was hosted by Xavier’s Lower School Student of the Year Adrian Dean.

Police: Reported financial crimes strike five-year low

TOTAL financial crimes reported to the Royal Bahamas Police Force (RBPF) fell to their lowest level for five years in 2022 with a near-30 percent decline compared to 2021.

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Hotels eyeing ‘unprecedented forward bookings’ during 2023

The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday disclosed the industry is eyeing “unprecedented levels of forward bookings” for the 2023 first half and full year after December beat historical trends by 10 percent.

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MLB The Show ‘23 cover athlete is Marlins’ Jazz Chisholm

MIAMI (AP) — Jazz Chisholm Jr, the Miami Marlins’ euro-stepping, home-run blasting all-star, has goals beyond his impressive stats. With every stolen base and acrobatic catch, Chisholm hopes to have an impact on the next generation of players.

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WORLD VIEW: Being homosexual is not a crime - Pope Francis

“BEING homosexual is not a crime. We are all children of God, and God loves us as we are and for the strength that each of us fights for our dignity.” Those words were spoken by Pope Francis, easily the most radical pontiff that the Roman Catholic Church has ever had.