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$10m to be borrowed to fix flaws in social services
By LAMECH JOHNSON Tribune Staff Reporter ljohnson@tribunemedia.net THE government is set to borrow $10 million from the Inter-American Development Bank to correct serious flaws in the Ministry of Social Services and its various assistance programmes for
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Bahamas First cools over BISX listing
Bahamas First cools over BISX listing By NEIL HARTNELL Tribune Business First Bahamas First Holdings, the general insurance holding entity, has yet to take "a hard and fast decision" on whether to list its ordinary shares on the Bahamas International Se
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‘Global disruption’ to impact local insurers
Bahamas First’s top executive has warned that local insurers are likely to face increasing competition from consumers acquiring coverage online, as the underwriter’s gross and net premiums declined 3 per cent in 2016.
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You get less time for manslaughter – what judge said as woman appeals against sentence for COB theft
APPELLATE judges yesterday questioned whether a Supreme Court judge was right in sentencing a former College of the Bahamas employee to potentially 20 years in prison for stealing over $700,000 from the institution over a seven-year period.Appellate
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BTC give $1.7m compensation after service outage
BTC has announced a $1.7m compensation package for customers following the Bahamas-wide disruption that left people out of service for nearly 24 hours last month.
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Man United rallies to tie Chelsea
LONDON (AP) -- Javier Hernandez completed Manchester United's comeback from a 3-0 deficit at Chelsea on Sunday with a late header that salvaged a 3-3 draw and leaves the defending champions two points off the Premier League lead. After storming to a 3-0 le
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Bank braces for $2.4m tax impact
Bank of the Bahamas is bracing for a $2.4 million fourth quarter hit from the 3 per cent ‘bank tax’ unveiled in the 2013-2014 Budget, its managing director yesterday expressing “cautious optimism” it would return to profitability in its 2015 financial year.
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New roles fail to halt jobless rise
THE country’s unemployment rate has increased since November 2018 despite the addition of just over 2,300 jobs to the labour force.
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Bahamas to present at top wealth management summit
The Bahamas will participate in this year’s leading Latin American wealth management summit.
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Getting online catches business in your net
Some years ago, companies were facing the all-important question of whether or not to take their business online or not.
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Chelsea wins first leg 1-0
By STEVE DOUGLAS AP Sports Writer LONDON (AP) -- Didier Drogba swept the ball into the net late in the first half, and Chelsea managed to hang on. With an inspired performance, the Blues beat Barcelona 1-0 Wednesday night in the first leg of their Champio
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Cable ‘turning corner on plan’ despite $31m loss
Cable Bahamas’ top executive yesterday said Aliv and its Florida investments will “turn the corner on plan” within the next 12-18 months despite a near-$31 million half-year loss.
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Doctors targeting 23% capital investment rise
Doctors Hospital is planning to invest $4.2 million in capital improvements to its business during its 2014 financial year, the previous year’s bottom line having been impacted by a $1.135 million ‘start-up’ loss.
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Doctors targeting 23% capital investment rise
By NEIL HARTNELL
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Broker submits eight defences to S.E.C. claims
A former Bahamian broker/dealer and its principal have submitted eight defenses to allegations by US regulators that they participated in an “illegal unregistered offering and sale” of securities that netted $11.4 million for clients.
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Cable chief ‘bullish’ despite $17m losses
Cable Bahamas’ top executive yesterday said the company remains “very bullish” on its growth and future earnings prospects, despite suffering a near-$17 million net loss for the 2017 first quarter.
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November date for Speed Week return
THE dates for Bahamas Speed Week Revival 2012 the country’s biggest annual motor sport event, have been announced.
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CFL: Karl McCartney continues to excel with the Stampeders
ALREADY with an established reputation as a special teams ace, Karl McCartney continues to excel in his fourth season with the Calgary Stampeders of the Canadian Football League.
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National Basketball Championships begin
The return of the Bahamas Basketball Federation’s National Basketball Championships saw the New Providence champions Giants produce mixed results as competition in the weekend tournament got underway at the Kendal Isaacs Gymnasium.
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Banks suffer 37% profitability decline
Bahamian commercial banks saw total private sector loan arrears increase by $76m during the 2020 fourth quarter as the sector’s collective profitability shrunk by 37 percent year-over-year.
