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Gov’t ‘reaching ceiling’ on debt
The Government may be reaching its debt limits given that such liabilities are now bigger than the economy, the Debt Advisory Committee’s head warned yesterday.
NHI chief: ‘We have work to’ justify model
National Health Insurance’s (NHI) top executive yesterday admitted “we have work to do” to convince the government its “financing model” will not result in multi-million dollar shortfalls.
PM promises crime crackdown and warns criminals: WE WON’T STOP
PRIME Minister Dr Hubert Minnis has warned criminals that they will be relentlessly tracked down and brought to justice, but failed to unveil new plans that haven’t already been publicised to aid the war on crime.
PM urged: ‘Put your foot down’ on BOB woes
Bank of the Bahamas was yesterday slammed for its latest failure to make timely disclosure to shareholders, having failed to provide the market with the outcome of its $40 million rights issue since it closed two months ago.
Offshore sector 72 times larger than Bahamas GDP
The Bahamian international financial services industry is 72 times larger than this country’s gross domestic product (GDP), an International Monetary Fund (IMF) study has estimated.
Prison bus in road smash: Woman fights for life
RESIDENTS of the Fox Hill community were outraged and called for an end to daily high speed prison convoys yesterday when an elderly woman was left fighting for her life in hospital after the prison bus collided with her car.
YOUNG MAN'S VIEW: Let's look at tourism
GONE are the days when promotional packages featuring the sun, sand and the sea would attract visitors in droves and sustain the high standard of living that Bahamians have become accustomed to.
Jones and Flame on brink of elimination
Jonquel Jones and her Shanxi Xing Rui Flame are on the brink of elimination and face an early deficit in the Women’s Chinese Basketball Association Finals.The Flame dropped the first two games of the series to the top seeded Beijing Great Wall as the
Cornish puts up solid numbers for the Seawolves
JARON Cornish continues to produce solid numbers in his first season with the Stony Brook Seawolves in the America East Conference. Cornish recorded his second double double of the season with 16 points and a season high 13 rebounds in Sunday’s 53-51
Stingers players in move to the next level
THE Sunland Stingers senior boys’ basketball programme had a season of milestones and has now produced a trio of players that will continue their careers at the next level.
Neely helps High Flyers to set up division two decider
THE Division II series has followed the same pattern as Division I and the championship title will be decided in the fifth and final game.
Crucial times for the conch
FIVE centuries ago, the Amerindian inhabitants of the Bahamas lived in a completely different world from the one we know today.
Bastian records 4th double double of season
BAHAMIAN student athletes at various levels of NCAA basketball opened their conference schedules following a series of COVID-19 related postponements.
Licences 'soon' for nation's second cellular provider, says PM
THE Utilities Regulation and Competition Authority (URCA) will award licences to the country’s second cellular mobile services provider soon, Prime Minister Perry Christie said during his budget communication yesterday.
‘War zone’ culture leads kids to crime
EIGHTY-SEVEN percent of teens ordered by the court to attend group therapy sessions after committing minor violent crimes tested positive for post-traumatic stress disorder at alarmingly high levels comparable with soldiers fighting in the Middle East, a new Bahamian study has found.
COVID-19 DEATH TOLL RISES BY ONE TO 183
THE country’s COVID- 19 death toll rose by one to 183 on Sunday after the death of an 80- year-old man was reclassified.
80 Haitian migrants intercepted near Exuma Chain
A VESSEL containing 80 Haitian migrants was intercepted near the Exuma Chain on Monday evening.The Royal Bahamas Defence Force (RBDF) reported the sailing sloop was apprehended after acting on information they had received earlier that day.RBDF Patro
$250m Hurricane Hole project to 'go vertical' by January 2019
A BAHAMIAN developer yesterday said it plans to “go vertical” on its $250 million Hurricane Hole redevelopment within 12 months, after completing the property’s purchase from Atlantis’s owner.Bill Green, president of Sterling Global Financial’s devel
Atlantis occupancies at 50% as virus bites
Atlantis yesterday revealed that normally-buoyant occupancy levels for the peak winter period have fallen to 50 percent as “tourism and commerce grinds to a halt” amid the coronavirus pandemic.A spokesperson for the Paradise Island-based mega resort
ALFRED M SEARS, QC: We need to build a safe and prosperous future for The Bahamas
Hurricane Dorian’s $3.4 billion loss has decimated 27 percent of the GDP of The Bahamas making it impossible for the country to make its budgeted $340 million debt servicing on the $8.4 billion outstanding national debt.
