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Governor targets loan delinquency ‘under 5%’
The Central Bank’s governor yesterday said he is targeting a commercial bank loan delinquency rate of “less than 5 percent” as some institutions push for an easing of lending restrictions.
Judokas suffer losses
BIRMINGHAM, England — The Bahamas’ pair of judokas, Cynthia Rahming and Andrew Munnings, didn’t fare as well as they had anticipated in the judo competition yesterday at the 2022 Commonwealth Games.
PETER YOUNG: The games deliver on cherished friendships
The Commonwealth Games are a unique event. They are based on the strength of the Commonwealth itself and are underpinned by the common core values of equality and mutual respect of this 56-member voluntary association and the support and assistance it provides.
PM’s ‘intervention’ sought over 130 Gold Rock jobs
The Opposition’s leader yesterday voiced optimism that the Prime Minister’s “intervention” will prevent “a substantial blow” to Grand Bahama’s economy with up to 130 jobs threatened by the Gold Rock group’s closure.
Carnival to begin dredging within 90 days for mega cruise port in East Grand Bahama
Carnival expects to commence dredging in East Grand Bahama for its mega cruise port in the next 60 to 90 days, a Carnival Corporation executive told hundreds of residents gathered at the Grand Lucayan Resort on Thursday evening.
Doctors enjoys up to 40% non-COVID revenue rise
Doctors Hospital plans to unveil its new Bay Street pharmacy within 30 days, a top executive revealed yesterday, with monthly non-COVID revenues up to 40 percent higher than pre-pandemic comparatives.
Tourism ‘market mix’ can beat Fed’s interest hike
The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday voiced optimism that “pent-up” travel demand and a high-end “market mix” can sustain the post-COVID rebound despite the Federal Reserve’s latest tightening.
‘Polluter must pay’ says minister after fuel spill
ENVIRONMENT and Natural Resources Minister Vaughn Miller yesterday would not say whether negligence played a role in last week’s oil spill at Exuma.
Cruise island expansion to drive 149% visitor rise
Visitors to a cruise line’s Bahamian private island are forecast to increase by more than 427,000 per year once two piers are constructed to allow its vessels to properly dock, it has been revealed.
Eight tennis juniors take advantage of JITIC u-14 competition
EIGHT young Bahamian tennis stars are competing in the Under- 14 JITIC regional event in Mexico.
Gov’t hires Rothschild for $11.8bn debt help
The Government has hired Rothschild & Co, a major global financial group, to advise on what could become a “massive refinancing” of much of the country’s $11.8bn national debt, it was revealed yesterday.
Funeral to be held for Brenda Bethell
FUNERAL services for Mrs Brenda Suzanne Bethell, 92, who died at her home on Thursday, July 21, after a brief illness will be held at St Andrew’s Presbyterian Kirk on Thursday, July 28, at 4pm.
$500k needed to pay beach contractors
MCKELL Bonaby, executive chairman at Bahamas Public Parks and Public Beaches Authority, says more than half a million dollars is owed to contract workers.
Gas dealers ‘optimistic’ despite wait over relief
Bahamian gas station operators yesterday said they remain “optimistic” about their relief negotiations with the Government despite the two sides not having met or communicated for “quite a while”.
INSIGHT: What lessons will be learned from Exuma diesel spill?
THE diesel spill at the Old Navy Base cove last week turned all eyes on Exuma – and once more brought the discussion about how well we are protecting our environment to the fore.
Bahamas ‘can’t sit on laurels’ over digital assets regulation
The Securities Commission’s top executive has warned that The Bahamas “cannot sit on our laurels” as she disclosed that further reforms to tighten digital assets regulation will be unveiled “in the next few months”.
Old Navy Base cove closed till August as clean up continues
THE Old Navy Base cove in Exuma will remain closed until August 10 as workers clean up the remaining diesel from the water and prepare to remove sand for further testing.
Goodman’s Bay
Should Government allow private enterprise to coolly take over public open space and no one lift a hand or even understand what is happening? I am concerned what is openly happening on Goodman’s Bay parking lot to the eastern side.
Chavez Young shines in Cubs series
THE Buffalo Bisons split their six-game series with the Iowa Cubs and Chavez Young emerged as one of the club’s offensive leaders as he looks to gain ground in the International League (AAA) standings.
Exuma spill recovery ‘down to last 10-15%’
Exuma’s oil spill recovery was yesterday said to be “down to the last 10-15 percent” with the clean-up effort becoming progressively harder as more diesel fuel is pumped out.
