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CIBC’s corporate unit in 40% bad loan shrink

CIBC FirstCaribbean’s Bahamian corporate and investment banking unit saw non-performing loans shrink by almost 40 per cent in its 2016 financial year, as the bank continued its “solid” recovery from past credit provisioning.

Officials visit Estonia for e-government training

Senior officials travelled to Estonia for a training exercise designed to further the introduction of e-government, and paperless, more efficient services, in Grand Bahama.Kwasi Thompson, minister of state for Grand Bahama, and Elise Delancy, permane

Jonquel leads the way for Russian Foxes

Jonquel Jones continues to lead UMMC Ekaterinburg Foxes in the Russian Championship Premier League.

Realtor: '25% or fewer listings' impede MLS as activity gauge

A BAHAMIAN realtor yesterday said the industry's Multiple Listing System (MLS) was not the best indicator of market activity because it only featured "25 per cent or lower" of properties available for sale, telling Tribune Business it would take 10 years for it to list all available real estate.

Burrows and Tigers finish 5th in U Sports Men’s Basketball Final 8

SHAMAR Burrows and the Dalhousie Tigers concluded their season with a fifth place finish overall at the U Sports Men’s Basketball Final 8.

EDITORIAL: Children face Christmas without their mother

Every murder is a tragedy – but some make the heart ache that little bit more. The murder of a mother of six just two weeks before Christmas is one that hurts.

IDB to combat 'stodgy' image

By NEIL HARTNELL Tribune Business Editor The Inter-American Development Bank's (IDB) country representative yesterday pledged to reach out more effectively to the Bahamian private sector, admitting that the institution was perceived as "too stodgy and bu

Public primary schools ‘buzzing’ in golf nationals

THE Bahamas Golf Federation’s Driving Range at the Baillou Hills Sporting Complex was once again buzzing with activity as 99 golfers participated in the government primary schools’ section of the National Schools Golf Championships.

'Behaviour issues' generate 65% of employee firings

Almost two-thirds of employee firings in the Bahamas stem from ‘behaviour problems’, an Inter-American Development Bank (IDB) report has revealed, finding that “the lack of skills” among workers is the main barrier to their hiring.

Christie's duplicity over Ed Moxey and Jumbey Village

EDITOR, The Tribune.

Halkitis: No viable option other than VAT

APART from the imposition of Value Added Tax (VAT), the Bahamas has no other viable option to spark the required streams of revenue it needs to arrest government debt, according to State Finance Minister Michael Halkitis.

Country cannot sustain COVID cases rise 'much longer'

TOP public health officials have warned that the country cannot sustain the continued rise of COVID-19 cases and hospitalisations “for much longer” as both resources and staff remain stretched beyond capacity.

‘Tanny’ scores 13 with three blocks in Rams’ 96-94 win

LATHANIEL Bastian had an impressive debut in his transition to NCAA Division II basketball to highlight the weekend from Bahamians at the top tier of the sport.

Angels upset Saints 87-71

THE New Providence Women’s Basketball Association hosted two games on Saturday as the season officially got underway at the DW Davis Gymnasium.

BPL’s new $95m power plant needs to be built by experts

WORKS Minister Desmond Bannister said yesterday construction of Bahamas Power and Light’s new $95m power plant at Clifton Pier must utilise the professionals who know how to do it.

Sports Notes

THE New Providence Basketball Association continued its regular season action on Monday night at the AF Adderley Gymnasium with the College of the Bahamas Caribs and the PJ Stingers winning the double header. While the Caribs stunned the Double R Services Cleaners 81-63, the Stingers out-scored the Island Game Pros 101-95.

‘Jazz’ and Marlins fall in Wild Card Series opener

PHILADELPHIA (AP) — Zack Wheeler struck out eight in a sensational effort, José Alvarado preserved the lead with a pivotal strikeout and the Philadelphia Phillies opened a resolute postseason push with a 4-1 win over the Miami Marlins in the opener of their NL Wild Card Series on Tuesday night.

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