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Bank branches shrink 30% in seven years

The number of commercial bank branches in The Bahamas has declined by almost 30 percent over the past seven years, the Central Bank’s governor revealed yesterday.

TECH TALK

• Tech giants Facebook, Twitter and Google are taking steps to police terrorists and hate groups on their sites but more work needs to be done, the Simon Wiesenthal Center said on Tuesday.

PLP plays politics with lives

The PLP is playing politics with people’s lives.

Anthony Newbold's words prick consciences

AS ANTHONY “Ace” Newbold took his place at the lectern of Holy Trinity parish church on Friday, he looked down on the draped coffin of his friend of 30 years, then donned the mantle of a Marc Antony come to bury his Caesar. This Bahamian Anthony, like that Roman Antony, and his Caesar, was determined not to let the good that Edmund Spencer Moxey, 80, had done for his people be interred with his bones.

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Jonquel Jones leads New York to first WNBA Finals in 21 years with victory over her former team

UNCASVILLE, Conn. (AP) — Breanna Stewart and Jonquel Jones have New York back in the WNBA Finals for the first time in more than two decades.

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BUDDY HIELD STRUGGLES FROM BEYOND THE ARCH IN NBA SUMMER LEAGUE

BUDDY Hield struggled from beyond the arch in the first two games of the 2017 Las Vegas Summer League but the sharpshooting guard improved in his latest outing.Hield scored 22 points, including 6-9 from three-point range in the Kings’ 95-92 loss to t

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PM: 20% hotel vacancy cut to hit jobless goal

The prime minister yesterday argued his six percent unemployment rate goal can be achieved by increasing average occupancy rates at existing Bahamian hotels by 20 percentage points. Dr Hubert Minnis, telling the House of Assembly that his ambitious

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Bucket knock off Rockets 85-79, Stingers stop Rockets 94-78

THE New Providence Basketball Association’s double header on Monday night at the AF Adderley Gymnasium saw the Aliv Bucket and the PJ Stingers emerge victorious.

Tourism targets local sourcing boost to reduce dollar 'leakage'

The Bahamian tourism industry yesterday said it was vital to source more product locally if this nation is to slash the ‘leakage’ of 85 cents from every visitor dollar earnedThe Bahamas Hotel and Tourism Association (BHTA) said this objective is why

Nassau/PI resorts in New Year sell-out 

MAJOR Nassau/Paradise Island resorts are predicting traditionally strong occupancies over the Christmas and New Year’s holiday period.

Cable: URCA regulations ‘impede’ mobile roll-out

Cable Bahamas has warned that the Utilities Regulation and Competition Authority’s (URCA) own infrastructure sharing regulations will prevent the winning mobile bidder from meeting the Government’s “ambitious” network roll-out targets.

Month’s end closing for John S George

One of the Bahamas’ best-known and historic retail names is ceasing business at month’s end with the loss of “under 15 jobs”, its owner yesterday telling Tribune Business he had been unable to “make inroads” into the annual $1 million losses it was suffering when he took over.

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Vaccination move is shot in the arm

TOURISM Minister Dionisio D’Aguilar said he thinks allowing fully vaccinated travellers to The Bahamas without a negative COVID-19 RT-PCR test will make the country a more attractive destination for visitors.

Jaraun ‘Keino’ Burrows: ‘I had a good season in Sweden’

HE would have loved to have stayed around and played a little longer in the playoffs, but Jaraun ‘Keino’ Burrows was satisfied with the season that he experienced this year in the Swedish Professional Basketball League.

BTC to 'exceed' $60- $80m earnings goal

BTC to 'exceed' $60- $80m earnings goal By NEIL HARTNELL Tribune Business Editor The Bahamas Telecommunications Company (BTC) will beat its $60-$80 million operating income projections for 2012 after generating cost savings faster than anticipated, alth

80% of motorists exposed torogue, uninsured drivers

A SENIOR insurance executive yesterday said it would not take “a heavy lift” to crack down on uninsured drivers who threaten to inflict a substantial loss on 80 per cent of Bahamian motorists.Patrick Ward, Bahamas First’s president and chief executiv

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Tobacco smuggling: Bill to recover 80% of revenue losses

The Government yesterday estimated that it will recover 80 per cent, or $20 million, of the revenues it loses annually to tobacco smuggling via its Excise Stamp initiative, and disclosed it was looking at similar measures to combat illegal alcohol imports.

Cable's $100m issue to slash debt costs

Cable Bahamas is aiming to slash interest costs by up to two percentage points via its $100 million preference share restructuring, revealing to Tribune Business yesterday that its Florida and local growth initiatives are “on plan”.

Thunder take down turnover-prone Heat

By JEFF LATZKE AP Sports Writer OKLAHOMA CITY (AP) -- Kevin Durant had 28 points, nine rebounds and tied his season-high with eight assists, Kendrick Perkins added a season-best 16 points and the Oklahoma City Thunder opened a difficult stretch in their s

Thunder take down turnover-prone Heat

By JEFF LATZKE AP Sports Writer OKLAHOMA CITY (AP) -- Kevin Durant had 28 points, nine rebounds and tied his season-high with eight assists, Kendrick Perkins added a season-best 16 points and the Oklahoma City Thunder opened a difficult stretch in their s