Story
Gov’t hires Rothschild for $11.8bn debt help
The Government has hired Rothschild & Co, a major global financial group, to advise on what could become a “massive refinancing” of much of the country’s $11.8bn national debt, it was revealed yesterday.
Story
Governor targets loan delinquency ‘under 5%’
The Central Bank’s governor yesterday said he is targeting a commercial bank loan delinquency rate of “less than 5 percent” as some institutions push for an easing of lending restrictions.
Story
Doctors enjoys up to 40% non-COVID revenue rise
Doctors Hospital plans to unveil its new Bay Street pharmacy within 30 days, a top executive revealed yesterday, with monthly non-COVID revenues up to 40 percent higher than pre-pandemic comparatives.
Story
Woman given probation for police officer attack
A WOMAN was placed on three months’ probation yesterday after admitting assaulting a female police officer.
Story
‘Survivors will be humanely treated’
ONLY two Haitian survivors from Sunday’s deadly boating tragedy had work permits to be in the country, Labour and Immigration Minister Keith Bell revealed yesterday, as he promised survivors would be treated humanely.
Story
BRINGING HOME THE GOLD, SILVER: Team Bahamas makes nation proud
BIRMINGHAM, England — After 11 days of intense competition in seven disciplines, Team Bahamas will return from the 2022 Commonwealth Games with a gold and silver medal and tied for the 23rd spot on the medal chart with Grenada.
Story
STRIKERS TOLD TO GET BACK TO WORK: Govt says it won’t be bullied - as judge rules action illegal
AFTER hundreds of airport employees refused to report to work yesterday, a court ruling declared the industrial action illegal - with workers ordered to go back to work.
Story
$170m Exuma project targets up to 300 jobs
A $170m investment targeted at Exuma’s southern tip is pledging to create up to 300 full-time jobs - plus several hundred construction posts - via the phased build-out of a mixed-use resort and residential project.
Story
ART OF GRAPHIX: How effective are social media ads?
Social Media advertising is a paid advertising method that uses ads directly served to the target audience through its platforms. These ads come in various formats such as video ads, image ads, carousel, etc. Nonetheless the most popular social media platforms in are Facebook, Youtube, WhatsApp, and Instagram and they also has the highest number of monthly active users (MAUs).
Story
PM’s ‘intervention’ sought over 130 Gold Rock jobs
The Opposition’s leader yesterday voiced optimism that the Prime Minister’s “intervention” will prevent “a substantial blow” to Grand Bahama’s economy with up to 130 jobs threatened by the Gold Rock group’s closure.
Story
LinkedIn gives VAT alert to Bahamians
Bahamians have been alerted that LinkedIn, the professional networking app, has become the latest digital economy app to impose 10 percent VAT with effect from July 21, 2022.
Story
Fragile tourism fearing ‘long lasting’ airport strike damage
Bahamian tourism yesterday called for “a speedy resolution” to the strike action impacting the country’s major airports as it warned of potential “long-lasting” damage to a “fragile industry rebounding from a long period of nothing”.
Story
Activists urge oil spill contingency overhaul
Environmental activists yesterday urged the Government to upgrade the country’s oil spill contingency plan following the 30,000-gallon Exuma leak, adding that The Bahamas must move from “a panicked” to a controlled response.
Story
Ex-Cabinet minister in $2m crowdfund raise
A former Cabinet minister yesterday revealed he is targeting a maximum $2m capital raise via the ArawakX crowdfunding platform as he bids to expand his food treatment network throughout The Bahamas and the Caribbean.
Story
Scotiabank sharpens credit focus via new Sales Centre
A SCOTIABANK (Bahamas) executive says its newly-launched Sales Centre will enable the lender to focus on “all things credit” and give greater attention to customers seeking loans.
Story
Jonquel Jones’ double double helps Sun rout Mercury 87-63
UNCASVILLE, Conn. (AP) — Alyssa Thomas posted her second triple-double in less than two weeks, Jonquel Jones added 10 points and 10 rebounds and the Connecticut Sun beat the Phoenix Mercury 87-63 on Tuesday night.
Story
School supplies vat holiday gives boost for retailers
RETAILERS are gearing up to take advantage of the late renewal of the Value Added Tax (VAT) holiday for school supplies.
Story
Bank chief pushes back on non-profits
Bank of The Bahamas’ managing director yesterday asserted it is “absolutely not” correct to accuse the commercial banking industry of seeking to “exclude” non-profit groups and charities from the financial system.
Story
Down to work on legislative agenda
THE Davis administration intends to advance several pieces of legislation over the next six to nine months, including laws addressing finance reform, citizenship issues and medicinal marijuana regulations.
Story
No bank fall-out on ‘unfriendly’ Russia
The Central Bank’s governor yesterday reassured “there is no material impact to The Bahamas’ financial sector” from Russia’s decision to name this nation among “unfriendly” countries opposed to its invasion of Ukraine.
