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Banks see 30% profits increase
Bahamian commercial banks collectively enjoyed a 30 percent year-over-year profit increase to $109.2m during the 2023 second quarter due to rising interest income, it was revealed yesterday.
‘Buddy’ focused on training camp amid contract talks
INDIANA Pacers shooting guard Chavano “Buddy” Hield is focused on training camp despite ongoing conversations surrounding his contract extension with the team.
Giants and Millionaires in NPBA win column
THE TMT Giants and the Mekaddish Millionaires pulled off the New Providence Basketball Association’s double header at the Kendal Isaacs Gymnasium on Wednesday night.
Stay of proceedings ordered in Adrian Gibson trial
A STAY of proceedings has been ordered in the Adrian Gibson corruption trial pending the determination of an appeal hearing.
Baha Mar teases Melia plan as volumes up 20%
Baha Mar’s president yesterday hailed an “extraordinary first quarter” and “record March”, with 2023 business volumes up 20 percent year-over-year, as he revealed plans to redevelop the still-closed Melia resort will be unveiled imminently.
Financial crimes rise 54% to five-year-high
Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.
Financial crimes rise 54% to five-year-high
Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.
Sports Notes
THE New Providence Basketball Association continued its regular season action with a pair of games played at various gyms on Friday and Saturday night.
DPM wants Long Island airport opening this term
The deputy prime minister yesterday said he “fully expects to cut the ribbon” for the opening of Long Island’s new international airport before the Davis administration’s term in office ends in 2026.
JBLN stun Freedom Farm
In one of the most dramatic comebacks at this year’s Bahamas Baseball Association’s G-Ball National Baseball Championships, the Junior Baseball League of Nassau stunned Freedom Farm to clinch the 14-and-under divisional title.
Gibson’s ex-fiancee’s virtual testimony ruling Monday
A SUPREME Court judge will rule on Monday whether Adrian Gibson’s ex-fiancee can testify virtually in his corruption trial.
Judge to summon employer to court after claim that juror would be made to use vacation time during Gibson trial
A SUPREME Court Judge has summoned a major employer to court for reportedly telling their employee, a sitting juror in Adrian Gibson’s corruption trial, that their time off for jury duty will count as vacation leave.
Small Business Centre invests $800k in female entrepreneurs
The Small Business Development Centre’s (SBDC) executive director yesterday said it has invested $800,000 in in female entrepreneurs via 87 grants.
Adrian Gibson corruption trial begins
ADRIAN Gibson’s corruption trial began yesterday with his lawyer filing a constitutional motion to force an in-person testimony from a key witness.
Justice holds legal discussions ahead of Gibson case, adjourned until Friday
THE corruption trial of Long Island MP Adrian Gibson was adjourned to Friday after Justice Cheryl Grant-Thompson held legal discussions in the absence of a jury yesterday.
70 students take part in summer student employment programme offered by GBPA
MORE than 70 students took part in the Summer Student Employment Programme at the Grand Bahama Port Authority (GBPA) this year.
Stopover tourists strike 94% pre-COVID levels
TOTAL air arrivals to The Bahamas in May hit 94.2 percent of pre-COVID’s 2019 high, the Central Bank revealed yesterday, with overall visitor numbers for the first five months of 2023 some 68 percent ahead of last year.
Adrian Gibson jury finalised as trial set to get under way
NINE jurors were selected yesterday to evaluate evidence from more than 40 witnesses in Adrian Gibson’s corruption trial.
GBPA gives Lucaya Towers South 30 day ultimatum - threatens to revoke occupancy
THE Grand Bahama Port Authority has given an ultimatum to the board of the Lucayan Towers South: provide a plan to fix the complex in 30 days or have your certificate of occupancy revoked.
Inflation to stay ‘high’ as food costs up 11%
The Central Bank yesterday warned Bahamian consumers that inflation will remain “high” in the near-term, and decline more slowly than in other countries, with food and drink prices rising 11 percent over the year to end-June 2023.
