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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.
‘Buddymania’ rocks gym
THE inaugural Buddy Hield Invitational produced one of the best endings event organisers could ask for, a near capacity crowd and a thrilling finish on the court.
GAIN AN EDGE: Achieving college dreams through summer learning
Thanks to StemForce Bahamas, a grant from Lyford Cay Foundations and support from other donors, Bahamian public-school students like Carmetta Barry have developed a passion for learning science while also carving a path to higher education.
Waltiea Rolle posting major numbers
WALTIEA Rolle is back on the pro circuit in Bulgaria and posting major numbers for her Haskovo 2012 club.
Higgs on scoring spree in NCAA
The recent scoring spree continued for Lashann Higgs as she led her No.8 Texas Longhorns to another conference win.Higgs finished with a team high 26 points in the Longhorns’ 75-64 win over the Kansas State Wildcats at the Bramiage Colesium in Manhat
Bringing the passport to 90-year-old applicant
THE Mobile Unit of the Passport Office paid a visit to the home of 90-year-old retiree Florene Crawley of Seabreeze Estates on Tuesday to process Mrs Crawley’s passport on-site.
‘No concern’ over deadlock at Baha Mar for conference
LOCAL officials preparing for an upcoming Inter-American Development Bank conference at Baha Mar said they have no concerns about the resort’s ongoing deadlock overshadowing the $6m event which will see 5,000 international delegates enter the country.
‘Right now, I think it’s more about the safety of the fans, players and coaches’
New Providence Basketball Association president James Price said they wholeheartedly agree with the Bahamas Government on suspending all local sporting activities until further notice.
Report urges oversight controls
THE independent report commissioned into the Urban Renewal Small Home Repairs programme called for the government to immediately establish a litany of controls to increase oversight of the project’s operational management and payment system.
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.
Digital wallets can be used to pay bills
PEOPLE collecting unemployment payments at SunCash can use a “digital wallet” to pay bills as an alternative to redeeming cash in person, according to National Insurance Board (NIB) Director Dr Nicola Virgill-Rolle. On Tuesday, scores of people queu
SPORTS NOTES
Due to circumstances beyond their control, Champion Amateur Boxing Club has announced that they will postpone their amateur boxing show that was scheduled for Saturday at the Wulff Road Boxing Centre.
Sports notes
THE Amateur Boxing Federation of the Bahamas has selected its national team that will represent the Bahamas at the Presidential Cup Boxing Tournament that will be held in Santiago, Dominican Republic. The event will run from February 18-22.
Ayton rises to occasion but Suns eclipsed by Pistons
Andre Drummond had 31 points and 19 rebounds, and the Detroit Pistons handed the Phoenix Suns their fourth straight loss, 116-108 on Wednesday night.
'Punished for being a bold, independent thinker'
MARVA Moxey, third child of Ed Moxey, creator of Jumbey Village, told those gathered to pay tribute to her 80-year-old father Friday night of the hardships the family suffered because they were Moxeys – particularly the children of the former PLP parliamentarian.
GB Power: $80m plant to further lower outages ‘cut in half’ during 2011
Grand Bahama Power Company’s (GBPC) $80 million West Sunrise plant has started operations with a workforce that is 92 per cent Bahamian, the monopoly power provider yesterday saying it would further improve reliability following a year in which outages were “cut in half”.
Sports notes
THE top scorer in Financial Bowling League competition last night was Dwayne Ingraham of Best Deal Kirki Bar with a 533 high three game set. Runner-up MVP was Kevin B Williams of Strike Force with a 201 high game and a 528 second high set.Rashad McCardy of Davis & Co Moonlight Strikers downed the pins for a respectable 198 second high game.
Sports Notes
THE Bahamas Rugby Union is scheduled to kick off its 2015 Nassau Cup regular season with Buccaneers versus Baillou 4pm Saturday at the Winton Rugby Centre.
Honouring the passing of Sir Lynden
YESTERDAY, we, the PLP New Providence Women’s Branch of the Progressive Liberal Party, honour ed the legacy of the late Sir Lynden Pindling, marking the 12th anniversary of his passing.
Eleven to be inducted in National Sports Hall of Fame
THE Ministry of Youth, Sports and Culture is expected to induct 11 more persons into the National Hall of Fame next week, bringing the total to 163 since the inception of the highest honour for outstanding athletes, coaches and officials in 1989.
