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IDB: $13M 'RETROACTIVE' TO STOP ROADWORKS SHUTDOWN

By NEIL HARTNELL Tribune Business Editor An alarmed Inter-American Development Bank (IDB) is providing $13 million in retroactive financing to prevent a "cash flow shortfall" from bringing the New Providence Road Improvement Project to a temporary halt,

DIANE PHILLIPS: Helping the helpless but a story which fills us with shame

If you live on the eastern side of the island you see them every day – men and women in light blue shirts and khaki pants holding tin cans in the shape of a church. They wait patiently for donations, a few hundred dollars a day coming from regulars who know the work these extraordinary men and women do. They are the members of Ambassador Chorale and the money they raise helps to house, feed, clothe and teach those who have fallen through the cracks or whose drug-sodden parents are incapable of caring for them.

IDB: Just 54% of COVID loan firms still doing business

The effectiveness of the government’s COVID-19 small business support has been called into question by a report that found just 54 percent of loan recipients have remained operational.

WORLD VIEW: Small states diplomacy pays dividends on ‘de-risking’

IT was an odd law into which to place it, but new and welcome directives on “de-risking” - which has plagued Caribbean countries - has become law in the United States.

Arawak Cay fearful on 'repeat COVID dance'

Arawak Cay vendors yesterday said they want reassurances that the latest COVID-19 easing will not be "another repeat dance" where their operations are swiftly shut down again once cases increase.

DeAndre Ayton and the Bruins in ‘Sand Between Your Toes Showcase’

THE Bahamian public will have an early season opportunity to witness the top local basketball talent and a rarity of seeing one of its own Blue Chip prospects playing at home.

CLICO medical policies an 'albatross around the neck'

Calls for CLICO (Bahamas) policyholders to still pay their premiums have become “an albatross around the neck” of 700 mostly-elderly clients whose medical policies will be cancelled by Friday.Bishop Simeon Hall, the retired pastor who was himself a v

Dames: There's no quick fix on killings

NATIONAL Security Minister Marvin Dames rebuffed critics of the government’s actions on crime, telling reporters the Free National Movement came to office with crime at alarming levels and the problem could not be solved in three months.

INSIGHT: Trump's eagerness to open up could be the last thing we need

AS the saying goes: When America sneezes, The Bahamas catches a cold. Imagine what becomes of us if that proverbial sneeze is caused by a disease that has already infected more than one million Americans. Despite being armed with this knowledge and t

No.1 pick Ayton posts double double in return

For the first time since the season opener, Deandre Ayton was back on the court for the Phoenix Suns and despite a blowout loss, the former No.1 overall pick showed little signs of rust in his return.

Davis: We’re headed away from the fiscal cliff

DESPITE nearly $1bn in liabilities and unfunded obligations left behind by the previous Minnis administration, Prime Minister Philip “Brave” Davis said the government is headed in the right direction away from a “fiscal cliff”.

Bad weather cancels as many cruise calls as COVID’s Omicron

Nassau Cruise Port’s top executive yesterday said it has lost more vessel calls to bad weather than the COVID Omicron variant with berth bookings “very solid” for the remainder of 2022.

WORLD VIEW: US security bill does not reflect interests of Caribbean nations

THERE has been a troubling development in relations between the US and the 14 independent nations of the Caribbean Community (CARICOM).

INSIGHT: Are we ready to become a republic?

Barbados was the centre of attention last week – as the nation officially became a republic.

PAHO renews call for people to take the vaccine

WHILE acknowledging the startling increase in COVID-19 cases in The Bahamas, Pan American Health Organization officials have renewed appeals to regional people and healthcare workers to take the vaccine.

Bahamas Bowl matchup all set

THE matchup is set for the 2018 Makers Wanted Bahamas Bowl and both programme’s had an opportunity to conduct a site visit ahead of the game as they begin to galvanise support for the holiday season contest.

Insurers projecting $30-$35m Sandy losses

Bahamas First’s president yesterday estimated that Hurricane Sandy would generate $30-$35 million in total insured losses for the Bahamian property and casualty market, with both his company - and the overall industry - looking at sums equivalent to “50-60 per cent” of Irene levels.

BISX-listed fund targets 50% cut to vacancy rates

The BISX-listed Bahamas Property Fund is aiming to slash vacancy rates by around 50 per cent at both its flagship properties over the next two years, after seeing its net income for the first nine months last year fall 28 per cent.

Sports World Ministries coming to Bahamas

SPORTS World Ministries, a nationally known non-profit organisation that sends former professional athletes across the United States to share their personal life experiences and encourage students to make positive choices with a message of hope, is coming to the Bahamas.

Realtor: 'Business loss' drives appraisal battle

A senior realtor yesterday said large appraisers were “screaming murder” over two Canadian bank’s proposed management system because it would ensure they no longer received “the lion’s share” of business.

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