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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.

East GB microgrids set to hire up to 50

Up to 50 workers will be hired for the proposed build-out of five solar microgrids designed to help “ease cost of living concerns” and entice former residents to return to Dorian-ravaged east Grand Bahama.

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.

Tyesha Tynes a ‘stroke’ above the rest

Freshman Tyesha Tynes was pleased with the way she was able to make her presence felt for the Hastings College Lady Broncos women’s golf team this season.

'Death by 1,000 cuts' fear on new Bimini airport fees

Private aviation operators yesterday voiced fears that the industry faces "death by a thousand cuts" amid a furious reaction to the imposition of multiple new fees to pay for Bimini's $80m airport upgrade.

One-month tax certificate to halt ‘bush crack, man gone’

Bahamian tax authorities yesterday asserted they have “learned from our mistakes” as it emerged companies with outstanding bills are only being issued with tax compliance certificates valid for one month.

Doctors Hospital targets $10m acquisition boost

Doctors Hospital yesterday predicted annual revenues will increase by $10m through its acquisition of The Kidney Centre in a deal that will make its workforce more than 1,000-strong.

Bannister: No safeguards in Electricity bill

FORMER Deputy Prime Minister and Minister of Works Desmond Bannister said the recently tabled Electricity Bill would empower the government to transfer Bahamas Power and Light (BPL) assets to subsidiary companies.

Pintard: I’ll win leadership vote

THE threat of a challenge from former Prime Minister Dr Hubert Minnis at the upcoming Free National Movement convention has not dented Michael Pintard’s confidence that he will be affirmed as leader of the party.

Minister urges private sector aid for ‘country-changing’ initiative

A Cabinet minister last night urged the private sector to participate in the National Apprenticeship Programme and improve workforce skills levels.

GBPA seeks to reassure on ‘unfortunate public noise’

The Grand Bahama Port Authority (GBPA) last night moved to reassure its licensees and potential investors over “the very unfortunate public noise” created by its $357m dispute with the Government.

'Horrendous' surge in contractor walk-aways

The Bahamian Contractors Association's (BCA) president yesterday revealed there has been "an horrendous" increase in complaints over the past 12-18 months about contractors abandoning clients.

Wendy’s: Atlantis can’t dictate what happens on PI

WENDY’S attorneys yesterday asserted that Atlantis cannot dictate all that happens on Paradise Island even though it may view the fast-food restaurant as “not up to snuff”.

Starlink's arrival coincides with record Internet users increase

Fixed broadband Internet subscribers enjoyed their highest-ever year-over-year increase in 2023 to coincide with the market entrance of Elon Musk's Starlink service, it was revealed yesterday.

Mitchell demands halt to cemetery’s appeal

A CABINET minister was yesterday revealed to have intervened on behalf of his constituents over a planning appeal involving a proposed 13-acre Bernard Road cemetery that is heavily opposed.

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.

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.

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.

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.

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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