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BOB ‘can’t say we’re bank’ till loan growth
Bank of The Bahamas cannot truly “say we are on the way back” until it generates sustainable loan book growth again despite enjoying a 2022 financial year in which profits more than doubled to hit $11.218m.
Oil explorer: No $500,000 ‘top up’ on Bahamas well
AN OIL explorer is not expecting to pay an extra $500,000 insurance premium “top-up” over its Bahamian exploratory well because this was drilled “without incident” last year.
BBA full steam ahead with Caribbean Cup
With the assurance that the new Andre Rodgers Baseball Stadium will be completed by November, the Bahamas Baseball Association is moving full steam ahead with the hosting of the fourth Caribbean Cup.
Kai Jones’ preseason debut: 5 points, 5 rebounds and a block in 9 minutes
KAI Jones and the Charlotte Hornets officially began their 2022-23 campaign as the NBA preseason got underway yesterday.
Vaccines to be made available in schools
Parents to receive their vaccination consent letters in next two weeks
ACTING Chief Medical Officer Dr Phillip Swann said officials are making final arrangements to facilitate the administration of paediatric vaccines in schools to help increase vaccinations among children.
STORM FALL-OUT TO HIT BUILDING MATERIALS: Warning that Florida’s post hurricane reconstruction will impact prices and availability in The Bahamas
Bahamian contractors yesterday warned it is “inevitable” that Florida’s post-Hurricane Ian reconstruction will hit building material prices and availability here as local inflation was revealed to have hit 7 percent.
Gibson attorney’s recusal request refused
JUSTICE Cheryl Grant-Thompson has denied Adrian Gibson’s attorney’s recusal request, resulting in the MP’s trial moving forward in her court next May.
Jonquel’s ‘marathon season’ ends in FIBA WCup quarters
A marathon season for Jonquel Jones came to an end in the quarterfinals of the FIBA World Cup in Sydney, Australia.
IAN FERGUSON: The human touch in small business
More than 80 percent of Bahamian businesses do not have the benefit of on-staff human resources professionals. Literally thousands of Bahamians are operating without a buffer between them and management.
BUT president: Ensure there are sufficient teachers in Family Islands
BELINDA Wilson, who was recently re-elected president of the Bahamas Union of Teachers, called on the Ministry of Education to ensure there are sufficient teachers in Family Islands, particularly in Abaco.
‘Free’ Sand Dollars to give currency lift
“Free” Sand Dollars will be issued to incentivise early adoption of a Central Bank-backed digital currency that remains “on the runway”, its governor said yesterday, despite a 305 percent circulation increase during 2021.
Seven-fold jump in Benchmark’s debt to clients no alarm
A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.
Bahamas ‘leads pack’ over digital adoption
A senior Royal Bank of Canada (RBC) executive yesterday hailed The Bahamas as “a bit of a bellwether” for the Caribbean on digital payments adoption with more than 50 percent of its local clients now using such channels.
‘Increased criminality’ drove 6% suspect reporting growth
THE FINANCIAL Intelligence Unit (FIU) says the 5.7 percent increase in suspicious transaction (STR) and other reports received in 2021 was driven by “increased criminality” experienced during the COVID-19 pandemic.
Deandre Ayton: ‘What’s said is already said’
THE relationship between Phoenix Suns centre Deandre Ayton and head coach Monty Williams continues to be a point of contention for the franchise. Following a bitter end to the 2021-22 season and a lengthy contract negotiation in the offseason, Ayton addressed the relationship between the two on the first day of training camp.
Stephen Sears Jr and X-Men remain undefeated in the AUS
STEPHEN Sears Jr got his first start of the season and his St Francis Xavier X-Men won an early matchup of undefeated teams in Atlantic University Sport Football.
Downtown art district plan to put Miami, New York ‘second’
The Ministry of Tourism’s plans to transform downtown Nassau via creation of an “art district” will relegate similar spaces in New York and Miami to “second spot”, a senior official pledged yesterday.
Adrian Gibson’s lawyer pushes for another justice
THE lawyer representing Long Island MP Adrian Gibson in his corruption trial continued to push for his case to be transferred to another justice.
Homeowners: Treasure Cay value down by half
Homeowners yesterday asserted that Abaco’s Treasure Cay resort has lost at least close to half its value since it was first placed on the market for sale at around $57m one decade ago.
Hurricane Ian could bring heavy rainfall
THE National Emergency Management Agency continues to closely monitor the track of Hurricane Ian which forecasters anticipate could bring heavy rainfall to the northwest Bahamas.
