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Kalik brewer: We'll retain 'at least' 90% of workers
Commonwealth Brewery yesterday pledged to retain at least 90 percent of its workforce as the final number of staff to be terminated in the latest redundancy exercise has not been determined.
Gov't confirms set-off on unemployment benefits
The Government last night said furloughed workers still being paid part of their normal salary by employers will not receive the full weekly unemployment benefit in a bid to conserve "scarce resources".
Insurer hits 'summit' on rating affirmation
A Bahamian property and casualty insurer has seen its "financial strength" and credit rating reaffirmed by the industry's leading global assessor.
Governor warns on future tax increases
The Central Bank's governor has echoed warnings that Bahamians should brace for new and/or increased taxes as he dismissed suggestions the Government may soon default on its debt.
Colina shareholders see 77% profits cut
Colina Holdings (Bahamas) has blamed the damage inflicted by COVID-19 on the value of its investment holdings for a 76.6 percent comprehensive income drop for the nine months to end-September.
STATESIDE: Hey Mr Trump, where's all this money going to end up?
It shouldn’t have really surprised anyone. But it did.
Aviation 'cutting edge' targeted for early 2021
A Cabinet minister is aiming to bring a reform package that will keep The Bahamas on aviation's "cutting edge", and improve its global regulatory standing, to Parliament in the 2021 first quarter.
‘True fall-out’: Household loan defaults grow $58m
MORTGAGE and consumer loan delinquencies increased by $58m during October 2020 with a senior banker warning it may take five to seven years to recover from COVID-19’s “true fall-out”.
Governor rejects non-essential import curb
The Central Bank's governor yesterday rejected as "bureaucratically inefficient" suggestions that The Bahamas impose restrictions on non-essential imports to protect the foreign currency reserves.
EDITORIAL: Having powers doesn’t mean you have to use them
THERE seems to be something of a conspiracy theory circulating over the government’s use of emergency powers.
Hanna Martin will ‘fight to the death’ against citizenship by investment
ENGLERSTON MP Glenys Hanna Martin says she will “fight to the death” any attempt by the government to implement a citizenship by investment policy.
‘Enormous sum’ for senator’s relatives
THE Auditor General says a Senator’s relatives stand to earn “an enormous sum” from leasing their Gladstone Road property to a government agency that typically loses over $1m per year.
EDITORIAL: Praise the helpers - and keep the support coming
SOMETIMES, there is little in the way of thanks for those trying their hardest to help others.
Argentine soccer great Diego Maradona dies at 60
BUENOS AIRES, Argentina (AP) — Diego Maradona, the Argentine soccer great who scored the "Hand of God" goal in 1986 and led his country to that year's World Cup title before later struggling with cocaine use and obesity, has died. He was 60.
Aliv addresses 50% data demand growth
Aliv’s top executive says the COVID-19 pandemic has driven a 50 percent increase in data demand as it works on finalising a $70m loan from its controlling shareholder.
Liquidator concern on $8m taken from collapsed broker
A Bahamian broker/dealer’s liquidator has voiced concern that its majority shareholder and then-senior management removed over $8m in the two-and-a-half years prior to its insolvency.
'Grey clouds' must lift to get Cable dividends
Cable Bahamas' top executive says dividend payments to ordinary shareholders will only resume after "some of the grey clouds" presently hovering over the Bahamian economy disappear.
Local cruise port buy-in when 'we have something to show'
Bahamians will get the opportunity to own a piece of Nassau's new $268m cruise port in the 2021 second quarter once tangible progress is made on its redevelopment, it was disclosed yesterday.
Local cruise port buy-in when 'we have something to show'
Bahamians will get the opportunity to own a piece of Nassau's new $268m cruise port in the 2021 second quarter once tangible progress is made on its redevelopment, it was disclosed yesterday.
Scotia named Bahamas private banking leader
Scotia Wealth Management says it has been named by Global Finance Magazine as the best private bank in the Bahamas.
