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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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Prepare as soon as possible for Hurricane season, OPM urges
WITH the 2024 hurricane season fast approaching, the Office of Prime Minister is urging Bahamians to begin their storm preparations as soon as possible.
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Beautiful Grand Bahama project is praised for helping YMCA
KAREN Pinder-Johnson, the YMCA’s executive director, has praised Beautiful Grand Bahama (BGB) for assisting with much-needed improvements to the facility and its sporting amenities.
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Bahamas First 'changes' after 63% profits decline
Bahamas First's executive chairman has pledged to make "strategic changes" after the insurer's 2023 full-year profit slumped by 63.1 percent due primarily to "ongoing issues" with its Cayman health business.
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A new home to give Yurie a new start
AN elderly disabled man was handed the keys to his newly built home on Deveaux Street yesterday, courtesy of Urban Renewal.
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Fire services, volunteers tackling four fires in Abaco
ABACO Fire services and volunteers are working to contain four separate fires in the Marsh Harbour and Spring City areas, forcing the closure of a section of the island's main road today.
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Reloaded kids training in the Dominican Republic
RELOADED Baseball has announced a relationship with a sporting academy in the Dominican Republic as the organisation furthers its mandate of providing developmental initiatives to get the country's youth to the next level.
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$100m ‘dream team’ pitched as GBPA confrontation alternative
A LONG-STANDING Freeport licensee yesterday unveiled a $100m investor and management “dream team” alternative to the Government’s “ugly confrontation” with the Grand Bahama Port Authority (GBPA).
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Comets, Hurricanes repeat as junior soccer champions
The junior portion of the Bahamas Association of Independent Secondary Schools Sports (BAISS) Soccer Championships is officially in the books.
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Opposition leader fears Bill ‘guts URCA’s BPL oversight’
THE Opposition’s leader yesterday accused the Government of “gutting URCA’s oversight” with planned energy regulation reforms that the Prime Minister said could lead to BPL’s break-up.
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COP warns residents to remain vigilant over armed robberies
POLICE Commissioner Clayton Fernander urged residents to stay vigilant and heed warnings to remain safe, following three armed robberies this week.
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FNM: PM flip flops over marital rape
FREE National Movement leader Michael Pintard labelled Prime Minister Philip “Brave” Davis a “serial flip-flopper” for suggesting that criminalising marital rape is not a priority because it was not mentioned in his party’s pre-election manifesto, “Blueprint for Change”.
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Port seeking to encourage Bahamians back to Bay St
THE Nassau Cruise Port (NCP) is fine-tuning its efforts to bring more Bahamians back to Bay Street and revive the city’s nightlife.
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Mitchell hits back at Minnis over deploying RBDF to Haiti
FOREIGN Affairs Minister Fred Mitchell accused former Prime Minister Dr Hubert Minnis of “scaremongering” after the Killarney MP again criticised the government over the potential deployment of defence force officers to Haiti.
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PM: Bill’s ‘flexibility’ to end GBPA’s energy regulation
THE Prime Minister yesterday confirmed that the Electricity Bill 2024 provides “the flexibility” to remove the Grand Bahama Port Authority’s (GBPA) ability to regulate the energy sector in Freeport.
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FRONT PORCH: The failure to civilise new generations
A gnawing grief seized the family and friends of former Member of Parliament and Deputy House of Assembly Speaker, Don Saunders, following his murder during an armed robbery
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STATESIDE: War and ideology
THE lounge, a finger of whiskey still floating one ice cube in the cut glass tumbler resting on the side table next to his favorite arm chair. Several friends sat in a loose circle, arranged on comfortable hard chairs so he could see and respond to each. One of the professor’s oldest acquaintances spoke up.
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GBPA braces for govt to launch arbitration
THE Grand Bahama Port Authority (GBPA) is bracing for the Government to formally initiate arbitration proceedings as early as this week after talks failed to break the deadlock over the latter’s $357m demand.
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Energy bill opens door to BPL move
The Government yesterday unveiled a major overhaul of the country’s energy regulatory regime to provide a platform for rescuing Bahamas Power & Light (BPL) from its $1bn debt and investment hole.
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Minister’s $185k CARIFTA ‘surplus’ came from 360% subsidy overshoot
A Cabinet minister yesterday asserted that last year’s CARIFTA games generated a $185,503 “net surplus” even though this was only made possible by a taxpayer subsidy over four times’ higher than budgeted.
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