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Nassau hotels in 7% revenue drop
New Providence hotels suffered a 7 per cent year-over-year revenue slump for the four months to end-April 2013, as room rate rises failed to offset occupancy declines.
Bad loans hit $1.34bn
Bahamian commercial banks suffered a further credit quality deterioration in November, as delinquent loans increased by $23.5 million to a new $1.343 billion record.
Become the healthiest, happiest version of yourself: Recovery after surgery and illness
While you are recovering from illness, your body is working extra hard to repair and rebuild itself.
Scheme aims to bring farming into the backyard
AGRICULTURAL Development Organisation has partnered with The Church Commercial Farming Group (TCCFG) to facilitate the backyard farming initiative.
BEC saddled by $86m fuel debt
THE Bahamas Electricity Corporation (BEC) currently owes its major fuel supplier more than $86 million, its executive chairman revealed yesterday, adding that the monopoly energy supplier was paying Shell West excess of $18 million a month “just to keep going”.
IAN FERGUSON: Entreprenurial ideas for Bahamians in ‘17
At the beginning of each New Year, dreamers begin to formalise their plans, and stretch themselves to realise their goals. One goal that seems to occupy the minds of millions, and perhaps billions, of people throughout the world is that of entrepreneurship. People love the thought of owning and operating their own business. Despite the 90 per cent ‘fail’ rate for such start-ups, many Bahamians remain willing to assume the risk of engaging in sole proprietary enterprise.
BBF boss Bowleg praises FIBA U-17 coaching staff
MARIO Bowleg, president of the Bahamas Basketball Federation, feels that he selected the right coach to lead the boys’ national basketball team at the FIBA Centrobasket Under-17 Championships in San Juan, Puerto Rico.
Salavation Army school for the blind celebrates 65th Anniversary
LAST Friday, the Salvation Army Erin H Gilmour School for blind and visually impaired children successfully celebrated its 65th anniversary with a gala dinner featuring a former Hollywood child actor as a special guest.
BPGA gears up for 50th National Pro Golf Championships
THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.
Police reserves in the hurricane
I would be most grateful if you would afford me some of your valuable space in your news daily in your next publication.
Can we become more independent?
THE Bahamas was among other countries that met in Malta to devise ways of becoming more independent, at the XXII Commonwealth Auditors General Conference held March 24 to 27.
Ya Hear?
• Ya hear Percy “Master P” Miller to release a biopic? According a press statement, the biopic will be “greatest trilogy since ‘The Godfather’.”
DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012
By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti
DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012
By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti
Hield scores 21, Kings beat Bulls 98-81 to snap a six-game slide
BUDDY Hield came off the bench for the first time all season and still led the Sacramento Kings in scoring as they stopped a six-game losing streak. Hield finished with 21 points and eight rebounds to lead the Kings to a 98-81 win over the Chicago B
‘Going legal’ is worth just $5m
THE country stands to reap the greatest benefit from the full legalisation of marijuana production, sale and use with state control, according to CARICOM’s regional report, which estimated net benefits for The Bahamas was about $5.5m.
Sports Notes
THE New Providence Oldtimers Softball Association continued its regular season action in the Archdeacon William Thompson Softball Park at the Southern Recreation Grounds over the weekend.
Broker’s rescue questioned over $1.8m deficiency
The Securities Commission is questioning whether last-ditch efforts to rescue a Bahamian broker/dealer, which has admitted to misusing client monies, are “bona fide” given its $1.862 million solvency deficiency.
INSIGHT: Let’s pick up the pace and get the work done now: Why are we waiting?
The transformation of the city of Nassau might seem slow in coming, but the work of the Downtown Nassau Partnership cannot go unnoticed. Slowly but steadily Nassau is being moved from a sleepy town into a world-classed port area for post-COVID tourists, be they here on business or vacation. The work will require a focus on culture and heritage, a physical redevelopment and a systematic effort to remake the city’s image.
Bahamas falls to Argentina
The Bahamas men’s national basketball team didn’t have any answers for Argentina as they pulled away in the second half for a 95-77 win for their second consecutive loss in five days in the FIBA Americas 2023 World Cup Qualifier.
