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Fund’s record $75m inflow builds RF Bank ‘war chest’

A Bahamian investment bank yesterday said it expects to match last year’s record $75m inflow into its fixed income fund and further build a “war chest” to deploy as possibilities emerge in 2022.

Condo hotel targets September opening

A Goodman’s Bay-based condo hotel is “aiming” for a September opening with over 85 percent of the units already sold, the project’s developer said yesterday.

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Twelve-year-old Finley Lambert sails away with Optimist National Championship title

AFTER returning since it was postponed in 2021 due to the coronavirus pandemic, 12-year-old Finley McKinney Lambert clinched the Optimist National Championship title in the waters of Montagu Bay.

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Bahamas sees $900m boost from marine areas expansion

The Bahamas has generated a $900m annual economic boost by expanding its Marine Protected Areas (MPAs) to cover 20 percent of the country’s coastal environment, studies have estimated.

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Minister: Investors only ‘prefer’ short term Gov’t bonds

A Cabinet minister yesterday conceded that Bahamian investors are only interested in short-term government debt after a one-year issue was oversubscribed by 14 percent.

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Five more deaths confirmed

THE Ministry of Health has reported five more COVID-19 deaths and 93 additional cases over a three-day period.

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Deandre Ayton posts his 17th double double of the season

DEANDRE Ayton was off his minutes restriction and had his most dominant performance of the three games he has been back on the floor since his return from an ankle injury.

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Three years later . . . Jaguars get their rings

THREE years after their historic triumph, the first two-time winners of the Bahamas National High School Basketball Championships finally received their championship rings to commemorate the occasion.

Financial services can give itself ‘pat on back’

FINANCIAL institutions should give themselves “a pat on the back” for slashing the time taken to “cure” regulatory deficiencies to just 11 months, the Central Bank’s top inspector said yesterday.

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Under-40s slow to get vaccine

THERE is a low uptake in vaccinations among people under 40 compared to the older population, according to health data.

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Chamber chief: ‘Don’t get sidetracked’ over investor confidence

The Grand Bahama Chamber of Commerce’s president yesterday urged the Government “not to get sidetracked” by the furore over the Prime Minister suggesting investor confidence is “waning”.

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‘I stole conch to support my family’

A 35-YEAR-OLD woman who claimed she stole $100 worth of conch last month to make extra money to support her family was discharged with a warning yesterday.

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‘Closing the shortfall’: Port off 3% versus pre-COVID

Nassau’s main commercial port has “closed significantly on making up the shortfall” with container volumes just 3 percent off pre-COVID volumes for the 2021 second half.

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Milo Butler aims to ‘reignite’ Freeport

The Milo Butler Group is aiming to “reignite” downtown Freeport via a potential $10m investment, with renovations to the former City Markets building set to finish within the next 90-120 days.

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$3.2m acquisition to be donated for GB hospital

Doctors Hospital has teamed with three philanthropists to close the $3.2m purchase of its new Freeport facility and provide services to those who cannot normally afford private healthcare.

Bank governor eases 2022 growth forecast

The Central Bank’s governor yesterday moderated his 2022 economic growth projection to “over 5 percent” with the tourism industry not returning to pre-COVID levels in the year’s first half.

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Eleven more COVID deaths added to toll

ELEVEN COVID-19 deaths were reported over a three-day period according to the Ministry of Health and Wellness, pushing the total number of reported deaths in the country up to 746.

Bahamians go head-to-head in Ontario Scholastic Association

A PAIR of Bahamians went head-to-head in a marquee matchup in Ontario Scholastic Basketball Association regular season play.

McCoy, Bastian lead teams to wins in NCAA Div. II basketball

MALACHI McCoy and Lathaniel Bastian led their teams to key conference wins and Jonathan McFall returned to the floor to highlight play from Bahamians in NCAA Division II basketball.

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Four more COVID-19 deaths confirmed

FOUR new COVID-19 deaths have been confirmed bringing the country’s fatality count to 735, according to the Ministry of Health Friday.