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‘Down-payments cut’ as bank removes indemnity
The Central Bank of the Bahamas (CBB) has released new “relaxed” lending rules for residential mortgages.
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BPGA gears up for 50th National Pro Golf Championships
THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.
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Spartans win Baha Mar Hoops crown
University of North Carolina at Greensboro Spartans’ forward Mikeal Brown-Jones called the Baha Mar Hoops Nassau Championships one of the greatest tournaments he’s ever played in.
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Insurance regulator in blacklist ‘what if’ look
The Insurance Commission was yesterday said to be looking at “what if” scenarios to ensure insurers have access to sufficient reinsurance capacity if The Bahamas stays on Europe’s tax blacklist.
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Cable urges industry unity on URCA ‘budget travesty’
CABLE Bahamas is urging its rivals to join the battle against “this travesty in budget increases” for the sector’s regulator whose downtown Nassau headquarters it branded an “albatross”.
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North Andros Power plant repairs cost $600k, as restoration continues
WORKS and Utilities Minister Alfred Sears said the cost of restoring power to North Andros after last week’s catastrophic fire at Bahamas Power & Light’s Nicholl’s Town plant is about $600k.
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Food prices to ‘never return to pre-COVID’
The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”
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Men’s national basketball team splits wins with Jayhawks
TEAM Bahamas, with the newest addition of Phoenix Suns guard Eric Gordon, split games 1-1 against the University of Kansas (KU) Jayhawks this past weekend in Puerto Rico.
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ONE ELEUTHERA: Meatless Mondays – reducing meat in your meal can impact climate change
I DON’T know about you, but it sure feels extra hot to me these days! As a farmer, I pay particular attention to the weather here in The Bahamas. While it does feel particularly hot here this summer, the statistics are now in and show that this is not just a local phenomenon.
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Sports Notes
THE New Providence Basketball Association continued its regular season action with a pair of games played at various gyms on Friday and Saturday night.
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Illegality of abortion is dangerous
Some 85 years ago, a doctor in England examined a 14-year-old girl and determined that she was sufficiently developed physically to carry her pregnancy to term.
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Gov’t yet to decide over Abaco ports
A CABINET minister yesterday said the Government has yet to make a final decision on the two proposals it received to operate and manage North Abaco’s port.
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Backward attacks
In order to understand the backwardness of certain opposition politicians, who reflexively oppose progressive tax reform, one has to put into perspective what they are actually advocating and defending.
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PM told that BPL fuel hedge ‘in the money’
The Prime Minister was told Bahamas Power & Light’s (BPL) fuel hedge, which his administration has sought to discredit, was “in the money” even though fuel woes “substantially ate into the benefits”.
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Promotion Board in 67% website visitor increase
The Nassau Paradise Island Promotion Board's (NPIPB) chief executive says there has been a 67 percent year-over-year jump in visitor traffic to its website as it works to convert this increase into actual visitors.
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$36m stadium repair to finish 14 days before World Relays
THE Chinese government is fully covering the $36m repairs to the Thomas A Robinson National Stadium, which officials expect to be completed at least 14 days before the World Athletics Relay.
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Businesses wait over two months for bank account
BAHAMIAN businesses face an average wait of more than two months to open a bank account with almost 80 percent asserting that the process “took longer than expected”.
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Bahamas ‘prioritises’ debt servicing over its people
The Bahamas has reached a point where the Government is prioritising interest payments on its $11.645bn national over services to its people, an investment analyst argued yesterday.
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BTC launches 'same speed' fibre packages
The Bahamas Telecommunications Company (BTC) has unveiled fibre packages that all provide the same Internet upload and download speeds as it seeks to deliver faster and more reliable connections.
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Police quiz more in DRA investigation
POLICE officers from New Providence visited Grand Bahama last week to interview a number of Disaster Reconstruction Authority employees as part of a criminal investigation.