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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.
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.
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.
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.
10 years of an undersea kingdom
THE Bahamas Reef Environment Educational Foundation (BREEF) is celebrating the tenth anniversary of the Sir Nicholas Nuttall Coral Reef Sculpture Garden and Coral Nursery (CRSG) - a testament to a decade of unwavering commitment to marine conservation and environmental stewardship.
PM: Women not equal? ‘y’all ruling us, man'
PRIME Minister Philip “Brave” Davis rejects the United States’ observation about how women are treated in The Bahamas.
Suicides down by 25 percent despite remarkable 86 percent rise in attempts
ALTHOUGH suicides decreased by 25 per cent in 2023 compared to 2022, attempted suicides increased by a remarkable 86 per cent, according to police statistics released yesterday.
‘All-Bahamian’ $30m hotel gets conditional go-ahead
The Bahamian developer of a proposed $30m West Bay Street hotel was yesterday granted preliminary site plan approval for the project provided its “side setbacks” are increased to 15 feet.
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.
DPM: Eleuthera airport woe ‘completely embarrassing’
The deputy prime minister has admitted that North Eleuthera airport’s present woes are “completely embarrassing” even though the island posted a monthly visitor record for February 2024.
BBF nationals to christen newly built South Andros Gym from Friday to Sunday
THE Bahamas Basketball Federation will take its National Round Robin Tournament to South Andros this weekend, but there won’t be any competition for the men’s division one.
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
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.
‘Keep faucet open’ govt urged as real estate triples
The Government was yesterday urged to “keep the faucet open”, and not tinker with real estate taxes and regulation in the upcoming Budget, as contracted property sales more than tripled year-over-year.
Restraint in politics and in government
ANTHONY Seldon, the well-known British headteacher and political observer has written books on each of his country’s prime ministers over the past 40 years.
FRONT PORCH: Restraint in politics and government
ANTHONY Seldon, the well-known British headteacher and political observer has written books on each of his country’s prime ministers over the past 40 years.
Man accused of carjacking to pay $500 fine for lying to police
A 20-year-old man was remanded in custody yesterday after being accused of an armed carjacking in Flamingo Gardens last week.
Minnis: The nation will know if I run
FORMER Prime Minister Dr Hubert Minnis does not support his party’s decision to host a one-day convention in June, saying this does not give the Free National Movement enough time to showcase its talent and policies.
New police headquarters in Abaco announced as concerns over crime on the island grow
A MODEL for a new multimillion-dollar police headquarters in Abaco was unveiled yesterday even as officials, including Police Commissioner Clayton Fernander, expressed concerns about crime on the island.
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