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Bank: Commercial exit 'double edged sword'
Bank of the Bahamas yesterday said its decision to “curtail” its commercial lending activities was a “double-edged sword” for the country, as it would potentially retard private sector and economic growth.
BEC generation plant availablity 'just 65%'
The Bahamas Electricity Corporation’s (BEC) generation turbines at Clifton Pier have just “65 per cent availability”, meaning that out of every 10 attempts to start they fail three-four times.
DeMarco: ‘We should not take this for granted’
AS the FIBA Pre-Qualifying Tournament came to a close on Sunday night with the Bahamas winning the title over Argentina, a few players were highlighted for their performances.
Bahamas braced for return of 'Fantastic Four'
The gold medal-winning Men's 4x400m Relay team will arrive back in Nassau at 6.30pm tonight.
We are the champions
THE sixth edition of the Noble Preparatory Academy’s (NPA) spring classic basketball tournament saw four new champions crowned.
WORLD VIEW: US Mid-term elections - a defining moment
DEMOCRACY is at stake in the country that proclaims itself as the world’s bastion of democracy.
Insurer: Hurricane season end ‘can’t be soon enough’
A TOP Bahamian insurance executive says the official end to the 2022 hurricane season “can’t come soon enough” given that Hurricane Ian will further “tie our hands” on premium prices for local consumers.
BOB faces forensic audit with Gov't 'open to a sale'
THE Government is planning a forensic audit into Bank of the Bahamas’ lending practices, the Deputy Prime Minister yesterday saying the Government is “open” to selling the troubled lender.K P Turnquest, kicking-off the mid-year Budget debate, told th
WORLD VIEW: Small countries need an IMF that is a lender of conscience
AS undesirable as it may be, governments of Caribbean countries that are not in International Monetary Fund (IMF) programmes are being pushed in that direction.
D’Aguilar shrugs off contract questions
TOURISM Minister Dionisio D’Aguilar has defended the government’s award of a no-bid contract to Kanoo Pays, an electronic retail payment provider, to process travel health visa payments.
BOB rejects $31m Miller 'conspiracy'
Bank of The Bahamas is "categorically denying" that it participated in a "malicious conspiracy" against a former Cabinet minister who it alleges had defaulted on some $30.5m owed to it.
Officials believe cases “are levelling”
DESPITE a recent uptick of positive COVID-19 cases in New Providence, Chief Medical Officer Dr Pearl McMillan said data has shown that the island is experiencing a reduction of infected cases.
Bahamians explore the world of online dating
It comes as no surprise that online dating activity has seen a massive surge since the COVID-19 pandemic forced countries to lock down public life and order its citizens to stay at home.
Wake up! 'There will be no tourists'
A Cabinet minister yesterday urged Bahamians to “grasp the simple yet inconceivable reality that there will be no tourists” visiting this nation for at least two to three months.Dionisio D’Aguilar, pictured, minister of tourism and aviation, sought i
IMF queries Central Bank 'independence' over BOB
The government’s majority ownership of Bank of The Bahamas may have impaired the Central Bank’s “independence” in regulating the troubled institution, the IMF has reported.The International Monetary Fund (IMF), in its just-unveiled Article IV and fin
Jones and Sun, with 1-7 record, continue to struggle
JONQUEL Jones and the Connecticut Sun continue to struggle and fell to 1-7 in the WNBA standings after a pair of losses this weekend.
Nassau/PI resorts enjoy ‘best quarter’ for 7 years
The Nassau/Paradise Island hotel industry has enjoyed its “best quarter performance for seven years” during the first three months of 2015, with occupancies ahead of year-before comparisons through April.
Giants rout the Crimestoppers 113-94
THE Commonwealth Bank Giants proved why they are the defending New Providence Basketball Association (NPBA) champions as they pulled off their biggest challenge so far this year by defeating the Royal Bahamas Police Force Crimestoppers 113-94 at CI Gibson Gym Monday night.
Bahamians take NCAA Division I basketball spotlight
A MATCHUP between a pair of Bahamians in a double overtime thriller highlighted the weekend of play in NCAA Division I basketball.
Bahamians aim for success at NCAA ‘Selection Sunday’
AS “Selection Sunday” draws near, Bahamian basketball players at the NCAA Division One level will spend the remainder of the week participating in their respective conference tournaments and vying for a berth in the men’s national tournament field of 68.
