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FINCO goes 'organic' through 2013 with $98m problem loans

FINCO is relying on existing borrowers to “carry us through” to the end of its 2013 financial year, having suffered a “bit of a spike” in accounts over 90 days past due during the 2012 third quarter.

Bahamas earns historic berth to quarter-finals of inaugural CONCACAF Girls Under-15 Championship

IN the inaugural Confederation of North, Central America and Caribbean Association Football (CONCACAF) Girls Under-15 Championship, the Bahamas has earned an historic berth to the quarterfinals.

Robot boost for Shipyard speed

ROBOTIC blasting is now being used at the Grand Bahama Shipyard to speed up work. Training began a few weeks ago, teaching Bahamians to drive the highly technical environmental robot used for hull stripping.

Bay Street 'assured' on new Junkanoo bleacher protocol

DOWNTOWN Nassau stakeholders have been “assured a new protocol” will be put in place for Junkanoo bleacher placement starting next year, Tribune Business was told yesterday.Ed Fields, the Downtown Nassau Partnership’s (DNP) managing director, also su

Baha Mar eyes ‘maximum’ occupancies for New Year

Baha Mar yesterday said it was targeting “maximum New Year’s capacity” for its three new resort properties after they enjoyed “a much better Christmas” this year following their completion.

ECASC president leads federations at joint meeting in Colombia

BURKET Dorsett, the president of the English Speaking Softball Confederation, led the ECASC federations in a collaborative effort with the federations of Latin America, the Spanish-Speaking Caribbean Canada, the United States and all members of WBSC Americas softball for a joint meeting in Cartagena, Colombia.

Hall our coach of the year

By virtue of securing the bronze medal at the FIBA Under-27 Centro Basket Championships in San Juan, Puerto Rico, Grand Bahamian Quintin “Three Ounce” Hall was selected as The Tribune’s Coach of the Year.The Bahamas earned the third place with an 85-

Bahamas crushes Nicaragua 116-62

MITCH Johnson had a monster game on Friday at the Jose Miguel Agrelot Coloseum in Hato Rey, Puerto Rico to get the Bahamas men's national basketball team back on track, but it came a little too late to get through to the playoffs of the CentroBasket Championships.

Teams of the year in the spotlight

IN the disciplines of swimming and water polo, the Bahamas continued its dominance in the region at the 34th CARIFTA Aquatics Championships.

VIDEO HIGHLIGHTS - 'Summer of Thunder': Providence Storm get win over North Carolina

IT WAS certainly not what North Carolina Tar Heels head coach Roy Williams expected when he brought one of the most storied programmes in NCAA history to the Bahamas for a pair of exhibition games at the “Summer of Thunder.”

Atlantis holds another blood drive

THE Water Features department at Atlantis held another life-saving blood drive in conjunction with Princess Margaret Hospital and Doctors Hospital blood banks. Some 85 pints of blood were donated over the course of three days.

SPORTS NOTES

THE Royal Bahamas Defence Force, through its title sponsor Fidelity Bank, will hold its annual Fun Run/Walk Race on Saturday, starting at 6am from Goodman’s Bay.

30% auto sales boost if taxes back to 2010

A return to pre-2010 import duty rates would likely boost new car sales by “about 30 per cent”, dealers said yesterday, while calling on the Government to give them up to six months’ warning of planned import tariff changes.

Jones scores 31 as Sun use big run to beat Liberty 85-64

UNCASVILLE, Conn. (AP) — Jonquel Jones scored 31 points on 12-of-16 shooting and grabbed 13 rebounds to help the Connecticut Sun beat the New York Liberty 85-64 on Saturday night.

VAT fuel waiver beat households target

AN estimated 79,000 households have benefitted from the Minnis administration’s concession that eliminates value added tax on Bahamas Power and Light bills under $300.

Taking a chance to grow ideas

“KEYRON, why would you leave your good position and secure job to go work for a non-profit on a family island? You realise they get their money from donations, right!?”

Mighty Matthew threatens heavy rains, high winds, huge surf and devastating storm surge

Mighty Hurricane Matthew has shrugged off its encounter with a landfall on the southwestern tip of Haiti between 7am and 9am on Tuesday morning, and remains an extremely dangerous Category 4 storm with 140mph winds as it plows north at about 9mph over the eastern tip of Cuba. Now Matthew is set to carve a destructive swath across The Bahamas.

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