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Digital wallets can be used to pay bills
PEOPLE collecting unemployment payments at SunCash can use a “digital wallet” to pay bills as an alternative to redeeming cash in person, according to National Insurance Board (NIB) Director Dr Nicola Virgill-Rolle. On Tuesday, scores of people queu
Straw vendors - keep market closed
STRAW vendors are calling for the government to push back the Straw Market’s re-opening date until the cruise ship industry resumes in September.
NEMA accused of failing island
CROOKED Island Chief Councillor Timothy Thompson yesterday said the National Emergency Management Agency (NEMA) “dropped the ball,” adding that the island is still awaiting rebuilding supplies like plywood and shingles nearly three weeks after Hurricane Joaquin.
Tourism demand up over 50% in vital US markets
The Bahamas’ key visitor source markets are “all up double digits” on tourism demand, it was revealed yesterday, with New York and Florida ahead by 56 percent and 40 percent respectively.
WORLD VIEW: US security bill does not reflect interests of Caribbean nations
THERE has been a troubling development in relations between the US and the 14 independent nations of the Caribbean Community (CARICOM).
Legends stop Rebels 82-80, Caribs beat Cybots 102-94
THE University of the Bahamas Caribs pulled off another big victory to remain undefeated in the New Providence Basketball Association men's division one play, knocking off the Mail Boat Cybots 102-94 at AF Adderley Gymnasium on Monday night.
Oil drilling end ‘so far from done deal’
Oil exploration opponents yesterday said efforts to raise the $200,000 security ordered by the Supreme Court are being complicated by the belief there will be no more drilling in Bahamian waters.
CIBC’s corporate unit in 40% bad loan shrink
CIBC FirstCaribbean’s Bahamian corporate and investment banking unit saw non-performing loans shrink by almost 40 per cent in its 2016 financial year, as the bank continued its “solid” recovery from past credit provisioning.
Downtown ‘catalyst’ beats goal by $11m
The Nassau Cruise Port’s overhaul is “already serving as a catalyst” for fresh investment in downtown, its top executive has asserted, after its recent bond refinancing was oversubscribed by almost $11m to hit $145m.
Giants a series win away from 3-peat
By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net The Commonwealth Bank Giants are now just one series win away from three-peating as the New Providence Basketball Association (NPBA) champions. At DW Davis gym Monday night, the Giants retur
Gov’t to phase-out VAT bi-annual filing
The Government is moving to eliminate the bi-annual filing of Value-Added Tax (VAT) returns by year-end, in a bid to boost its cash flow and obtain more consistent returns.
NCAA basketball: McCoy gets top honour, Bastian sets career high
MALACHI McCoy received a weekly honour as the top player in his conference and Lathaniel Bastian scored a new career high to highlight play from Bahamian student athletes in NCAA Division II basketball.
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.
Minister: $200m spend rise not what it seems
A Cabinet Minister yesterday said the $200 million rise in the Government’s recurrent spending was not what it seemed, and largely represented the transfer of expenditure between accounts.
Policy reforms need for $200m IDB guarantee
The Bahamas must implement several policy reforms to develop its “blue economy” in return for obtaining a $200m guarantee that will underwrite the government’s planned $700m foreign currency bond.
Gov't unveils $250m BEC bond
The Government yesterday unveiled a planned $250 million bond to refinance the troubled Bahamas Electricity Corporation (BEC), saying it was “the first step to rehabilitate” its financial position.
Bahamas suffers ‘a heartbreaking loss’
Before a jammed-packed Kendal Isaacs Gymnasium last night, the Bahamas men’s national basketball team dropped a heartbreaking 86-81 loss to Venezuela in the first game of their fourth window of the FIBA Americas World Cup Qualifier.
Knights hold seven point lead
THE defending champions CR Walker Knights hold a slim seven-point lead over the CV Bethel Stingrays going into the final day of competition in the senior segment of the Government Secondary Schools Sports Association’s Track and Field Championships.
Close finishes and blowouts in BGDBA
THE Bahamas Government Departmental Basketball Association continued play over the weekend with close finishes and blowouts at the DW Davis Gymnasium.
Chamber endorses CEO over 10-year securities barring
The Chamber of Commerce last night fully endorsed its chief executive’s performance and integrity after details of his ten-year securities industry ban and total $210,000 fines emerged.Michael Maura, the Chamber’s chairman, in a signed statement desc
