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In the NPBA, Stingers rout UB Mingoes, Stampers top Eagles Nest
THE PJ’s Stingers stung the University of the Bahamas Mingoes 87-69 and the Triple K Stampers stomped past the Leno Eagles Nest 97-94 as the New Providence Basketball Association continued its regular season at the AF Adderley Gymnasium.
Just 50 Baha Mar staff left if no deal
Baha Mar will reduce its workforce to just 50 key employees essential to run a “skeleton operation” if it is unable to resolve the dispute with its Chinese partners by next Monday.
CIBC: Bahamas worst for ‘bad’ mortgages
CIBC’s top Caribbean executive yesterday revealed that the “magnitude” of non-performing home loans in the Bahamas was “greater than anywhere else” in the region, this nation accounting for 50 per cent of the bank’s ‘bad’ mortgages.
Max D’s Henry Thompson signs pro contract with Reds
IT’S not very often that you hear stories of a player coming from one sport to another and going on to become a professional player.
Running Mon Marina and Resort purchased by Xquisite Yachts
The Running Mon Marina and Resort in Grand Bahama has been acquired by Xquisite Yachts, an award-winning yacht manufacturing company that plans to invest in the region of $3m to $5m to undertake major upgrades at the property.
'Green light' for City Meat store re-opening
SUPER Value's president yesterday said the refitting of City Markets' former Cable Beach store was "green lighted and a go", with the location's re-opening - targeted for this month - set to create around 60 jobs.
24% energy cost rise 'Achilles heel for private sector
WITH Bahamian hotels suffering a 24 per cent year-over-year increase in electricity costs for January 2012, a senior industry executive yesterday warned that energy prices were the "Achilles heel" for the sector and wider business community, urging this nation to press "the priority button" in tackling the issue.
Police probe like 'sword of Damocles'
By NEIL HARTNELL Tribune Business Editor A Royal Bahamas Police Force (RBPF) investigation is "hanging over our heads like the sword of Damocles", developers of a $40 million Exuma-based real estate project have told Tribune Business, arguing that severa
Police probe like 'sword of Damocles'
By NEIL HARTNELL Tribune Business Editor A Royal Bahamas Police Force (RBPF) investigation is "hanging over our heads like the sword of Damocles", developers of a $40 million Exuma-based real estate project have told Tribune Business, arguing that severa
Police probe like 'sword of Damocles'
By NEIL HARTNELL Tribune Business Editor A Royal Bahamas Police Force (RBPF) investigation is "hanging over our heads like the sword of Damocles", developers of a $40 million Exuma-based real estate project have told Tribune Business, arguing that severa
Financial services shed nearly 160 jobs in 2020
The Bahamian financial services industry shed almost 160 jobs in 2020, a Central Bank report has revealed, with the banking sector suffering multi-billion dollar declines in “balance sheet” and “fiduciary” assets.
IMF: Bahamian economy shrank over $2bn in 2020
The International Monetary Fund (IMF) yesterday confirmed the Bahamian economy shrank by over $2bn last year to almost match the size of the country’s rapidly-growing national debt.
‘True fall-out’: Household loan defaults grow $58m
MORTGAGE and consumer loan delinquencies increased by $58m during October 2020 with a senior banker warning it may take five to seven years to recover from COVID-19’s “true fall-out”.
Could God use you in Internet evangelism?
Could God use you to reach people for Christ via the internet? The answer may surprise you!“How could I ever use the Internet to reach people for Christ?” you might wonder. “I’m no techie. I know how to send e-mail and read the news online, but that
COVID-19 challenging for amateur and pro athletes
Bahamian athletes, both at home and abroad, have struggled with maintaining their training and physical activity under strict government-mandated lockdowns and curfews.
$5m waste of axed welfare reform plan
Poverty-stricken families and the Bahamian taxpayer have received almost no value from a near-$5.4m investment in welfare reform that was halted by the Minnis administration.
Retail chair: Ease mask ‘boiling point’
The Bahamas Federation of Retailers’ co-chair yesterday urged the Government to ease the COVID mask mandate for all businesses, not just hotels, given the “resistance” mounted by tourists.
Bahamas needs ‘total energy transformation’
The Bahamas’ requires “nothing short of a total energy sector transformation” to revive its economy post-COVID but faces massive “barriers” to achieving this, a multilateral lender has warned.
Tourism rides supply chain ‘roller coaster’
Tourism’s post-COVID rebound will not be undermined by global supply chain woes, a top hotelier reassured yesterday, despite the industry enduring a logistics “roller coaster”.
KDK REPORT: Bad habits, bad health - how do we break the cycle?
EVERY human being has at least one physical characteristic they’d like to change or, in the very least, enhance. That demand has fuelled a multi-billion-dollar global make-up and skin care industry.