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Developer moves on 'alarming' 5% mortgage buyers

A New Providence real estate developer yesterday said a newly-launched in-house financing initiative was “getting good traction”, as it bids to solve an “alarming” situation where just 5 per cent of its buyers are obtaining mortgages.

Gov’t urged: ‘Outsource’ property tax collection

The Government was yesterday urged to ‘outsource’ real property tax collection to the private sector, a well-known businessman suggesting it was almost ‘uncollectable’.

Scotiabank: $80m mortgages restructured in 18 months

Scotiabank (Bahamas) yesterday disclosed it had managed to restructure more than $80 million worth of mortgages, held by over 500 customers, within the last 18 months, telling Tribune Business just 5-6 per cent of that number had fallen back into delinquency.

64 new cases of COVID-19 on Wednesday

SIXTY-FOUR additional COVID-19 cases were recorded yesterday, bringing the total to 2,721, according to the Ministry of Health.

December arrivals down 95% on 2019

The Bahamas saw total visitor arrivals for December 2020 slump by 95 percent year-over-year despite the re-opening of its two mega resort destinations and other major hotels.

Ocean Club at ‘full pace’ for its re-opening

The One & Only Ocean Club invested “almost $30 million” in today’s re-opening, with the high-end resort set to hit “full pace” immediately via 85-90 per cent occupancies.

Knights and the Rattlers top senior standings

THE senior school segment of the GSSSA Track and Field Championship meet concludes today with a deadlocked tie atop the standings setting the stage for the final day of competition.The defending champion CR Walker Knights and CI Gibson Rattlers both

RENALDO’S RAMBLINGS: NFL PICKS WEEK 16

Tennessee Titans at Jacksonville Jaguars SANNIE: Ok, seriously, now that I know Michael Oher from the Blind Side plays for the Titans, how can I not pick them? TITANS over Jags

National Basketball Championships begin

The return of the Bahamas Basketball Federation’s National Basketball Championships saw the New Providence champions Giants produce mixed results as competition in the weekend tournament got underway at the Kendal Isaacs Gymnasium.

Team Bahamas named for CAC Games

THE Bahamas Olympic Committee announced its largest team, comprising of 60 athletes - 21 coaches and three team officials in a contingent of 84 from nine disciplines - for the 23rd Central American and Caribbean Games in Barranquilla, Colombia.In joi

‘At least 90 percent reduction in conflicts’ since psychologist arrived at BDCS

CONFLICTS among mentally ill inmates at the Bahamas Department of Correctional Services have declined by 90 per cent since a psychologist arrived three weeks ago, Acting Corrections Commissioner Doan Cleare said yesterday.

Buddy Hield scores 17 in 102-87 loss to Raptors

BUDDY Hield’s productivity off the bench continues for the Sacramento Kings and is approaching milestone numbers for his efficient shooting.

Sir Sean Connery dies age 90

James Bond star and longtime Bahamas resident Sir Sean Connery has died aged 90.

New mobile player hits ‘record’ pace

The Bahamas’ second mobile operator yesterday boasted that it was moving at “record” pace to roll-out its network, having already built more than 90 per cent of its planned cellular towers in Grand Bahama.

BTC targets Internet lead with 90% fibre coverage

The Bahamas Telecommunications Company (BTC) is aiming to cover 90 percent of New Providence with its new fibre network within the next nine months as it placed broadband Internet at the core of yesterday's corporate rebranding.

Baha Mar hotel's rates are 'not good enough'

The Nassau Wyndham Resort’s “mid-$90s” room rates are “not good enough” and between 23-30 per cent below where they need to be, a Baha Mar executive yesterday conceding that the guest experience was being impacted by construction work on the $2.6 billion Cable Beach expansion.

‘90 taxi plates are inactive’

THE Ministry of Transport and Housing has revealed some 90 taxi plates are inactive.

Tourism in best physical condition for ‘20 years’

The Bahamian hotel industry is enjoying a “strong” summer season, the Bahamas Hotel and Tourism Association’s (BHTA) president yesterday suggesting the industry was preparing for perhaps its “best physical product in 20 years”.

Jonquel Jones named honourable mention All-American for the second straight year

GEORGE Washington Colonials women’s basketball senior Jonquel Jones was named an honourable mention All-American by the Women’s Basketball Coaches Association (WBCA) for the second year in a row, the organisation announced during the 2016 NCAA Women’s Final Four Super Saturday festivities at Bankers Life Fieldhouse.

Review payments to senior citizens

This matter mainly concerns (a) Pensions of Senior Citizens, (b) Food assistance and (c) Housing situations of seniors in this country – dealing with their pensions.

The Tribune

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