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Falling mortgage arrears improve commercial loan position
COMMERCIAL bank loan arrears improved in February by $60.2m, with the most significant decline in mortgage arrears which, according to the Central Bank of the Bahamas, contracted by $39.2m.
Banks: 25% never verified Building Code compliance
The Central Bank is urging all licensees to ensure their offices can withstand a Dorian-type Category Five hurricane after 25 per cent said they had never confirmed Bahamas Building Code compliance.
Large support for expansion of NHI to fund health care
NEARLY 90 percent of respondents in a new survey support the expansion of NHI to provide affordable coverage for high cost medical care — including treatment for widespread cancers, dialysis and heart attacks.
Bahamian companies wait two years for $1m fraud recovery pay
Bahamian companies battling to recover assets lost in a $400 million financial fraud are experiencing “financial stress” themselves because they have not been paid almost-$1 million due for two years’ work.
‘Buddy’ Hield scores 22 for Kings in loss to 76ers
PHILADELPHIA (AP) — Joel Embiid got back to playing the kind of game he expects from himself and nothing like the worst game of his career two nights prior.
5% rise in food assistance to help offset 7.5% rate of VAT
PERSONS receiving food assistance from the Department of Social Services should soon see an increase of as much as five per cent in benefits to offset the introduction of value added tax, Social Services Minister Melanie Griffin said.
'Real life consequences': Fidelity's $560k Moody's hit
The Government's declining creditworthiness has sparked "real life consequences" for a BISX-listed bank by forcing it to take a "much bigger than expected" $560,000 hit in its 2022 full-year results.
Epic matchup in Battle 4 Atlantis
The inaugural Bad Boy Mowers’ Battle 4 Atlantis Women’s Tournament will conclude with an epic matchup between the top two teams in all of college basketball.
NIB expands overseas investments to $59.4m
THE National Insurance Board's (NIB) foreign investment portfolio expanded by $21.9 million to hit $59.4 million by year-end 2011, it was revealed yesterday, the social security system having taken up 88 per cent of its annual allocation.
Court to appoint appeal lawyer
A MAN seeking to challenge his 40 year sentence for murdering a retired 88-year-old Canadian physician on a Family Island three years ago will receive a court appointed lawyer for his appeal application. Moses Morris stood before appellate Justices
Bahamas fifth at Caribbean Amateur Golf Championships
The 2017 Caribbean Amateur Golf Championships continued at The Links Casa de Campo Resort in the Dominican Republic and the Bahamas remains in fifth place in the race for the Arthur Zadie Trophy.After three rounds the Bahamas has posted a total of 1,
Mailboat Cybots one win away from championship title
THE Mail Boat Cybots are now just one game away from winning the New Providence Basketball Association’s championship title. But the defending champions Commonwealth Bank Giants are not yet prepared to push the panic button in the best-of-seven series.
Rockets and Resistance get wins in night league basketball
THE New Providence Basketball Association continued league play Wednesday night with wins for the Rockets in Division I and the Resistance in Division II. On the heels of his appearance with the men’s national team in the FIBA World Cup Qualifiers Mo
Shockers seal 96-68 victory over Rockets
THE Real Deal Shockers clinched their berth in the New Providence Basketball Association Division One Vince Ferguson final by routing the Rockets in game three of their best-of-three playoffs.
Minister: Strong turnout by staff
EDUCATION Minister Glenys Hanna Martin said more than 85 percent of teachers showed up to work on Monday “despite being urged to turn off their computers and sit it out”.
Magic rally in 2nd half to beat Heat 104-98 in overtime
By KYLE HIGHTOWER Associated Press ORLANDO, Fla. (AP) -- Dwight Howard had 24 points and 25 rebounds, Jameer Nelson scored 25 points, including 12 in the fourth quarter and overtime, and the Orlando Magic came back to beat the Miami Heat 104-98 last night
Karl McCartney and Stampeders lead the west in the CFL
NOW in his sixth season with a Canadian Football League powerhouse, Bahamian veteran Karl McCartney is continuing his role as a special teams ace and reserve linebacker.
Jonquel Jones posts double double to win in China
JONQUEL Jones went head-to-head against her Connecticut Sun teammate Morgan Tuck in the Women’s Chinese Basketball Association but came away with a lopsided win for her club.
Despite virus, Coleby and Japanese B-League resume play last weekend
DESPITE concerns expressed by several stakeholders affiliated with the Japanese B-League, Kadeem Coleby and the remainder of the league resumed play last weekend as the coronavirus COVID 19 outbreak continues.
NPBA: Giants, Mingoes in win column
THE Commonwealth Bank Giants and the University of the Bahamas Mingoes won the New Providence Basketball Association men’s division one double header played at the AF Adderley Gymnasium on Monday night.In the opener, the Giants routed the Caro Contra