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No consumer respite despite inflation ease
As the tide of inflation in The Bahamas seems to be ebbing, it prompts reflection on what this means for the average Bahamian’s wallet.
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‘VJ’ Edgecombe and Donovan Freeman fall to east 88-86
BAHAMIANS Valdez “VJ” Edgecombe and Donovan Freeman took the court for the 2024 McDonald’s All-American Game at the Toyota Center in Houston, Texas on Tuesday.
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Commonwealth hails $63.5m profit amid 91% claw back fall
COMMONWEALTH Bank yesterday hailed its “second most profitable” year-ever through $63.5m in net income that was generated despite a near-91 percent drop on COVID loss provision write-backs.
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Nassau/PI hotels ‘soon can’t take anyone else’
Nassau and Paradise Island hotels will “soon reach the point where we can’t take anyone else”, a senior tourism executive has warned, with room shortages driving “unheard of” March occupancies.
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Big Red Machine just keeps rolling
The St Augustine’s College (SAC) Big Red Machine kept rolling at the 2024 National High School Track and Field Championships where they claimed six out of eight division victories on Sunday evening at the original Thomas A Robinson Stadium.
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American couple rebuild after Hurricane Dorian devastated their Guana Cay retirement home
AMERICANS Norvell and Mark Slezycki went on an emotional roller-coaster after Hurricane Dorian swept away their dream retirement home in Great Guana Cay, Abaco.
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The wreck of the HMS Conqueror near Rum Cay
THOUGH the lore of shipwrecks is often embellished, that of HMS Conqueror on Rum Cay often has the date, the destination, and basic historical facts reported incorrectly. It wrecked on 13 December, 1861 (not the 29th), it was not the first propeller ship in the Royal Navy (HMS Rattler was in 1842), and the ship was on its way to Bermuda, not Mexico. HMS Conqueror was a two-decked steam-screw (propeller) ship, first-rate, of the line, 240 feet long, 55 feet wide, and 34 feet deep.
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Fund manager to be ‘little more defensive’
A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.
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Residents voice objections to new PI resort proposal
RESIDENTS last night argued that plans to transform the former Paradise Harbour Club site into a seven-storey hotel represent an “overdevelopment” that will impact quality of life and devalue their properties.
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Gov’t boost from moody’s $44m deficit miss forecast
MOODY'S has given the Government’s fiscal consolidation campaign a major boost by predicting that this year’s fiscal deficit will only narrowly overshoot its target by $44m.
