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Police chief concern over bail decisions
POLICE Commissioner Clayton Fernander said police are looking forward to a good year working with legal officials with a view of taking individuals off the street who continue to offend and get bail.
Cuba: Immediate threat to 20% of Bahamas’ visitors
Cuba’s opening will immediately threaten more than 20 per cent of the Bahamas’ stopover visitor market, it has been revealed, amid calls for a ‘tourism trade agreement’ with the US to mitigate the impact of its ‘diplomatic reset’ with Havana.
Call for curfew in hot spots to tackle crime
NOTED psychiatrist Dr David Allen has called for a curfew in crime hot spots and urged the government to bring in law enforcement officers from overseas to help combat the crime problem.
$18.8m credit shrink exposes weakness
Persistent private sector and consumer weakness was further exposed by July’s $18.8m credit contraction, with total banking sector loan arrears also slightly increasing to $835mThe Central Bank, in its July economic update, said: “Private sector cred
Bishop Laish Boyd concerned about election victory margins, turnout
BISHOP Laish Boyd has voiced concern regarding margins of victory and a lower-than-normal voter turnout in the September general election, saying such margins may encourage a government to be less than fair and less than evenhanded.
Insurers 'sorry' for 15% hike . . . but it's worth it
Major Bahamian insurers yesterday warned property owners they face “a minimum” 15 percent premium rate rise in 2020 with Dorian-related claims set to hit peak estimates of $2bn. Patrick Ward, Bahamas First’s president and chief executive, told Tribu
Realtor fear on 50% permanent residency rise
Realtors last night described the Government’s revised plans to increase the permanent residency threshold by 50 per cent, from $500,000 to $750,000, as “bad news” and something to “head off”.Brent Symonette, minister of financial services, yesterday
Prices 'through roof' on grocers' 20% VAT recovery
Food stores could recover as little as 15-20 per cent of their Value-Added Tax (VAT) ‘input’ costs under existing legislation, a leading retailer yesterday warning this would drive prices “through the roof” plus result in business closures and lay-offs.
Jones and Sun fall short, Mystics take WNBA title
In a WNBA Finals series where no team won consecutive games, Jonquel Jones and the Connecticut Sun came up just short in their bid to make franchise history. Jones finished with 25 points and nine rebounds, but the Sun fell to the Washington Mystics
37% deficit rise creates new Govt ‘straitjacket’
A 37 per cent year-over-year fiscal deficit increase yesterday prompted the Opposition’s finance spokesman to warn that the next government will find itself “in a tight straitjacket with little room for manoevere”.
BTC mobile rival must beat 1% dropped calls
The winning bidder for the second cellular licence is being required to meet higher service standards than the Bahamas Telecommunications Company (BTC) from the off, as it must achieve a monthly ‘dropped calls’ average of less than 1 per cent.
KPMG says Gov’t spending ‘far greater than needed’
The Government’s $1.823 billion recurrent spending Budget is “far greater than it should be” when set against the services it is delivering to the Bahamian people, a top accounting firm is arguing.
Contractors: ‘Perfect storm’ over raw materials quotes
Bahamian contractors “cannot control prices” because quotes on building materials are holding for as little as 48 hours, with one saying yesterday: “It’s just the perfect storm.”
Buddy Hield: ‘I’m just thankful that we got to an agreement’
AS a member of the Sacramento Kings for the foreseeable future, Buddy Hield said the focus now returns to the basketball court and getting his Kings to the playoffs.
Celtics beat Raptors 96-73 to snap 5-game skid
BOSTON (AP) -- The Boston Celtics had two reasons to be thankful Wednesday night: Their five-game losing streak was finally over and a scary fall by point guard Rajon Rondo resulted in only a sore right wrist. Rondo still led the Celtics with 21 points bef
Pintard: Convenient for AG that crime isn’t a political issue now
FREE National Movement Chairman Michael Pintard said it is “convenient” that Attorney General Allyson Maynard Gibson would now admit that crime is not a political issue, now that the country has recorded the “highest number of murders” in history under her watch.
Martin: Sandals move ‘a slap in the face’
Bahamas Hotel Catering and Allied Workers Union (BHCAWU) Nicole Martin has urged the government to make legislative changes to protect workers and their tenure of employment describing the recent move by Sandals to abruptly make some 600 workers at Royal Bahamian resort redundant “disgraceful” and a “slap in the face” to workers across the country.
Davis: GBPA ‘needs a management and governance change’
PRIME Minister Philip “Brave” Davis said he believes new management is needed at the Grand Bahama Port Authority to facilitate Freeport’s growth because the “status quo” is not working.
$20m maritime academy set for January '14 start
THE first phase of a $20 million maritime institute, which will be established at Silver Cay, is expected to be open no later than January 2014, said the head of the company spearheading the initiative.
Sands: Mortgage Corp will need $40-$50 million injection
THE Bahamas Mortgage Corporation (BMC) will need an injection of $40-$50 million ‘in the near future’ to maintain its financial viability according to former Mortgage Corporation Chairman Dr Duane Sands.