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Bahamas world's fourth largest IFC at $595bn

The Bahamas is the fourth largest international financial centre by assets, it was disclosed yesterday, with the $595 billion held by this nation’s financial institutions equivalent to 96 times’ gross domestic product (GDP).

New Defence Force vessels a fisheries 'bright light'

THE Government’s move to bolster the Royal Bahamas Defence Force’s (RBDF) fleet by purchasing nine new vessels was yesterday described yesterday as a “bright light” for Bahamian fishermen in the long-running fight against illegal poaching.

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VIDEO: New RBDF ships to make maiden voyage next month

THE first of nine new Royal Bahamas Defence Force vessels will make its maiden voyage next month, National Security Minister Dr Bernard Nottage said yesterday.

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Digital banking can’t be ‘rammed down throats’

A senior banker yesterday said the industry must adopt the “Mary Poppins with medicine” approach in encouraging more Bahamians and businesses to switch to digital transactions.

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Ayton scores six in loss to Mavs

DALLAS (AP) — Rookie Deandre Ayton scored six points and grabbed five rebounds for the last-place Phoenix Suns in a 104-94 loss to the Dallas Mavericks on Wednesday night. He also had a block, steal and an assist in 20 minutes on the hardwood.

Bahamas can’t pay $4bn costs for climate change

The Bahamas cannot afford the $4bn required to meet its pledged climate change targets without international financial, technology and other “capacity-building” support, it has admitted.

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Jones expresses interest in Slam Dunk Contest

KAI Jones’ youthful exuberance was one of the highlights of Charlotte Hornets’ media day.

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Cameron Riley qualifies for Great Abaco Classic

IN his second appearance on the Bahamas Professional Golf Association fresh from his initial season on the professional circuit, Grand Bahamian Cameron Riley emerged as the champion of the Korn Kerry qualifier for the Great Abaco Classic.

Public sector debt drops $93m during first quarter

Total public sector debt fell by $93m during the first quarter of the 2023-2024 fiscal year, it was disclosed yesterday, cutting it slightly from its June peak as the foreign currency share fell by 1.5 percentage points.

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Giants avoid being eliminated

JEREMY Hutchinson and Gamaliel Rose provided a 1-2 punch as the twin towers helped the Commonwealth Bank Giants stave off elimination against the defending champions Mail Boat Cybots on Saturday night.

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WTO to impact 20% of economy

THE Government will forego $40m in revenue under its first World Trade Organisation (WTO) offer, its chief negotiator suggesting that accession will impact just 20 percent of the economy.Zhivargo Laing, pictured, a former minister of state for financ

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Do Bahamains have a pornography addiction?

GROWING concerns over pornography addiction globally are making local health professionals take a closer look at the often taboo issue that can impact mental health.

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Puerto Rico blows out Bahamas by 64 points

The Bahamas couldn’t stop the up-tempo game from host Puerto Rica and ended up getting blown out by 64 points in the FIBA U17 Centrobasket Championship for Women.

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Don't Blink: Star-filled home run derby set for tomorrow

THE third annual Don’t Blink/Charles Johnson Foundation Home Run Derby, powered by REV, takes place at noon tomorrow, Saturday January 5, 2020 at the Montagu foreshore, featuring 30 participants in this one-of-a-kind baseball exhibition. The star-fi

Sports in brief

BOWLING

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Deyton Albury and Paul Greene help Chipola move up in NJCAA rankings

DEYTON Albury and Paul Greene continue to lead Chipola’s ascent up the national rankings while Emmanuel Alexandre and Colin Storr’s production continue to lead the group of Bahamians at Northeast Community College.

Sports Notes

THE top scorer in City Bowling League competition last night was Mario Brown of Telco Enterprises who crushed the pins for a 236 second high and a outstanding 672 high three game set.

Sports Notes

THE most valuable player (MVP) in City Bowling League competition Monday night was Mario Brown of Telco Enterprises who downed the pins for a 246 second high game and a 604 high three game set.

Freedom Farm dominates Andre Rodgers Nationals

THE Bahamas Baseball Association returned to play in its marquee event for local youth baseball, the Andre Rodgers National Championships.

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‘We’ve been waiting for someone else to make it for a very long time’

FORMER Bahamian baseball players Antoan Richardson and Edison ‘Ed’ Armbrister were both excited to see Jasrado ‘Jazz’ Chisholm’s rise to the Major League.