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‘Non-controllable’ cost surge blocks bank matching 2022

Commonwealth Bank believes it would have come close to matching 2022’s “extraordinary” nine-month profitability had it not been for $3m in new Business Licence fees and utility costs “more than doubling”.

Chamber chief: Cost of living ‘is out of control’

Abaco’s Chamber of Commerce president says the cost of living is “getting out of control” as she warned the island can absorb no further hikes following the summer’s “exorbitant” light bills.

RBC blocked from twice seeking default damages

Royal Bank of Canada (RBC) has been blocked from pursuing damages twice over the same delinquent loan that a Bahamian jitney operator first defaulted on more than 12 years ago.

First-time Jollification vendor shares message of love

AFTER she lost her hair to alopecia, Tecoya Curry’s boyfriend showed his love for her by making a wooden craft of her baldness.

Mortgage loan approvals hit 4-and-a-half year low

Mortgage loan approvals have slumped to their lowest level in four-and-a-half years, it has been revealed, with almost one in four applications rejected because borrowers have a 50 percent debt service ratio.

Mom says son found dead outside Tribune had a history of seizures

THE mother of an 18-year-old youth found dead next to The Tribune on Thursday said he suffered from seizures and died several hours after escaping from the Princess Margaret Hospital.

INGRAHAM: WE HAD TOO MANY SEATS – Former PM calls for balance and warns of risk of large majorities

FORMER Prime Minister Hubert Ingraham decried the large parliamentary majorities Bahamians have granted governing parties in recent elections while encouraging Bimini residents to vote for the Free National Movement in this week’s West Grand Bahama and Bimini by-election.

Baha Mar Hoops: Hurricanes clinch men’s title

THE University of Miami Hurricanes made their short trip to the Bahamas a memorable one at the Baha Mar Hoops Bahamas Championships yesterday in the Baha Mar ballroom.

Sports Notes

THE New Providence Basketball Association continued its regular season action with a pair of games played at various gyms on Friday and Saturday night.

West loses another dumb war

ON Wednesday, voters go to the polls in West Grand Bahama and Bimini – and each of the major parties has been throwing its political heavyweights at the campaign.

Celebrate men too

Kindly allow me space in your column to congratulate Baha Mar Resorts for recognising and rewarding Male leadership on International Men’sDay.

Full-year fiscal outcome to be revealed this week

The Ministry of Finance’s top official says the 2022-2023 full-year fiscal performance will be unveiled this week and asserted that the “numbers are very encouraging”.

Royal Caribbean suspends excursions to Blue Lagoon

Royal Caribbean is reported to have temporarily suspended through Thanksgiving Day all passenger excursions to Blue Lagoon Island in the wake of last week’s tragic boat sinking.

LPIA to match or beat Thanksgiving records

The Bahamas’ major airport gateway yesterday said it expects passenger numbers for the upcoming Thanksgiving holiday weekend to meet or exceed pre-COVID’s 30,000-plus record.

Solar installation targets 15% UB energy cost cut

The University of The Bahamas (UB) is seeking to slash its energy costs by 15 percent via the installation of some 800 solar panels financed by an Inter-American Development Bank (IDB) project.

Governor urges: ‘Accelerate’ agency banking development

The Central Bank’s governor has urged financial institutions to “accelerate their thinking” on using agency banking to offer services in the Family Islands amid efforts to roll-out the necessary regulations in 2024.

Contract signed for solar rooftop project at University of The Bahamas

THE Ministry of Finance signed a contract with ANO Technologies Ltd on Friday to start a solar rooftop project at the University of The Bahamas to reduce the institution’s energy costs.

DIANE PHILLIPS: Swimming - when sport becomes survival

IN the darkness of pre-dawn, when most of us are pulling the covers over our heads finding a perfectly good excuse to snuggle right where we are for a few more minutes, Percy Knowles is preparing for his morning routine, the same as he has done for decades.

Social services needs more funding due to rising costs, says Laroda

MINISTER of State for Social Services Myles Laroda said more funding will be needed to sustain the Department of Social Services until the next budget cycle in 2024, citing inflation, rising electricity bills, limited increases in the minimum wage, and Bahamians’ reliance on assistance programmes.

Delays on rebuilding critical GB airport ’another disappointment’, says Turnquest

FORMER Deputy Prime Minister Peter Turnquest stressed that an international airport is critical for Grand Bahama and expressed disappointment over the wait for the project.

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