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Trade deficit leaps 15.6% to $715.1m
THE Bahamas’ trade deficit increased by 15.6 percent to $715.097m during the 2022 first quarter as cross-border flows continued to rebound from the COVID-19 related restrictions of the year before.
BTC broke law on exclusive phone card agreements
The Bahamas Telecommunications Company (BTC) was yesterday fined $243,442 after regulators determined its ‘exclusive’ phone card supply agreements broke the law, excluding rivals from up to 60 per cent of the market.
Scotiabank beats target with 20% net income rise
Scotiabank (Bahamas) yesterday said it had “exceeded expectations” with the almost-20 per cent year-over-year net income increase it enjoyed in 2013, with the improvement largely driven by “stabilisation” in its non-performing loan portfolio.
Ayton to miss next window
The Bahamas Basketball Federation was hoping to have all three Bahamian National Basketball Association (NBA) players suited up to play together for the first time in the fourth window of the 2023 FIBA World Cup Qualifiers.
Jonquel leads her team into title series in WCBA
JONQUEL Jones’ offseason in China has seen her become one of the league’s most dominant players as she leads her team into this weekend’s Championship series.Jones leads the Shanxi Xing Rui Flames into the championship of the Women’s Chinese Basketball Association for a best-of-five matchup against the Beijing Great Wall.
UPDATED – Cases count: 16 positive, including exuma woman
THE Bahamas recorded 16 new cases of COVID-19 yesterday, including ten on Grand Bahama and five on New Providence.
VIDEO: Kenred Dorsett granted $50,000 bail
FORMER Environment and Housing Minister Kenred Dorsett was granted $50,000 bail with two sureties in the Supreme Court on Friday.
Mailboat Cybots one win away from championship title
THE Mail Boat Cybots are now just one game away from winning the New Providence Basketball Association’s championship title. But the defending champions Commonwealth Bank Giants are not yet prepared to push the panic button in the best-of-seven series.
Roots wants Junkanoo judging change
MEMBERS of The Roots have called for the “abolition” of Junkanoo’s “flawed” judging system, adding it is overdue to be changed.
Sports in brief
THE New Providence Volleyball Association continued its regular season at the Donald Davis Gymnasium on Wednesday night.
No Baha Mar deal before Nov 2 is ‘chilling prospect’
PRIME Minister Perry Christie yesterday reminded Baha Mar stakeholders that if negotiations over the stalled project are not completed by November 2, the government would move forward with the “chilling prospect” of initiating formal liquidation proceedings.
Baha Mar director says Chinese should drop guarantee demands
A Bahamian businessman and Baha Mar director yesterday blasted as “nonsensical” and “commercially crazy” the instance of a ‘back-to-back’ guarantee from the developer to cover a $400 million refinancing package, arguing that if the China Export Import Bank (CEXIM) insists on the retention of China Construction America (CCA) as the general contractor then it should also insist on a guarantee from its parent or drop the requirement.
Junkanoo Carnival
EDITOR, The Tribune.
Sir Durward calls time on role at school
SIR Durward Knowles, the world-renowned sailor and winner of The Bahamas’ first Olympic gold medal, has stepped down as chairman of the Queen’s College Foundation after 12 years.
National debt now over $6bn
The Bahamas’ national debt breached the $6 billion threshold during the 2014 fourth quarter, with more than $200 million added to it in the preceding three months.
‘Champ’ Stuart enjoys 8-game hitting streak
JERVIS “Champ” Stuart has had a standout month of June for the Port St Lucie Mets.
Ayton, Suns look to end series tonight
Deandre Ayton said his Phoenix Suns refocused in one particular area to take a 3-2 lead in their best-of-seven first round series against the New Orleans Pelicans.
BTC Chief 'optimistic' over 51% stake talks
THE Bahamas Telecommunications Company's (BTC) chief executive said yesterday he was "cautiously optimistic" over the outcome of impending talks between the head of its 51 per cent majority owner and Prime Minister Perry Christie.
10 years of an undersea kingdom
THE Bahamas Reef Environment Educational Foundation (BREEF) is celebrating the tenth anniversary of the Sir Nicholas Nuttall Coral Reef Sculpture Garden and Coral Nursery (CRSG) - a testament to a decade of unwavering commitment to marine conservation and environmental stewardship.
