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Bahamas ‘leads pack’ over digital adoption
A senior Royal Bank of Canada (RBC) executive yesterday hailed The Bahamas as “a bit of a bellwether” for the Caribbean on digital payments adoption with more than 50 percent of its local clients now using such channels.
Tourism rebounds to 90% pre-COVID level
Bahamian stopover arrivals rebounded to 90 percent of pre-COVID levels for July as the tourism recovery maintained its momentum by attracting some 3.677m visitors during the first seven months of 2022.
Adrian Gibson’s lawyer pushes for another justice
THE lawyer representing Long Island MP Adrian Gibson in his corruption trial continued to push for his case to be transferred to another justice.
Gibson attorney’s recusal request refused
JUSTICE Cheryl Grant-Thompson has denied Adrian Gibson’s attorney’s recusal request, resulting in the MP’s trial moving forward in her court next May.
Deandre Ayton: ‘What’s said is already said’
THE relationship between Phoenix Suns centre Deandre Ayton and head coach Monty Williams continues to be a point of contention for the franchise. Following a bitter end to the 2021-22 season and a lengthy contract negotiation in the offseason, Ayton addressed the relationship between the two on the first day of training camp.
Oil explorer: No $500,000 ‘top up’ on Bahamas well
AN OIL explorer is not expecting to pay an extra $500,000 insurance premium “top-up” over its Bahamian exploratory well because this was drilled “without incident” last year.
BBA full steam ahead with Caribbean Cup
With the assurance that the new Andre Rodgers Baseball Stadium will be completed by November, the Bahamas Baseball Association is moving full steam ahead with the hosting of the fourth Caribbean Cup.
‘Free’ Sand Dollars to give currency lift
“Free” Sand Dollars will be issued to incentivise early adoption of a Central Bank-backed digital currency that remains “on the runway”, its governor said yesterday, despite a 305 percent circulation increase during 2021.
Vaccines to be made available in schools
Parents to receive their vaccination consent letters in next two weeks
ACTING Chief Medical Officer Dr Phillip Swann said officials are making final arrangements to facilitate the administration of paediatric vaccines in schools to help increase vaccinations among children.
BOB ‘can’t say we’re bank’ till loan growth
Bank of The Bahamas cannot truly “say we are on the way back” until it generates sustainable loan book growth again despite enjoying a 2022 financial year in which profits more than doubled to hit $11.218m.
Seven-fold jump in Benchmark’s debt to clients no alarm
A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.
PETER YOUNG: New British PM will have to do better than this
Having commented last week that the new British Prime Minister, Liz Truss had made a good start, only days later the picture has changed dramatically.
Two years, three months in prison for stealing and lying to officer
A MAN was sentenced to two years and three months in prison in Magistrate’s Court yesterday after admitting to stealing $88 worth of goods from a shop and lying to an officer.
88 UPS units donated to Ministry of Education and Technical and Vocational Training
PRECISION Power Solutions Limited yesterday donated 88 UPS units to the Ministry of Education and Technical and Vocational Training.
INSIGHT: Shadow of crime never goes away
THE Bahamas reached an unwanted landmark last week – the 100th murder of the year.
‘Increased criminality’ drove 6% suspect reporting growth
THE FINANCIAL Intelligence Unit (FIU) says the 5.7 percent increase in suspicious transaction (STR) and other reports received in 2021 was driven by “increased criminality” experienced during the COVID-19 pandemic.
Bahamasair ‘crippled’ by cabin crew action that hits passengers
Hundreds of Bahamians and tourists yesterday had their travel plans thrown into chaos when Bahamasair was forced to cancel all afternoon flights due to an “unwarranted sickout” by 80 percent of rostered flight attendants.
IAN FERGUSON: The human touch in small business
More than 80 percent of Bahamian businesses do not have the benefit of on-staff human resources professionals. Literally thousands of Bahamians are operating without a buffer between them and management.
Stephen Sears Jr and X-Men remain undefeated in the AUS
STEPHEN Sears Jr got his first start of the season and his St Francis Xavier X-Men won an early matchup of undefeated teams in Atlantic University Sport Football.
Munroe warns those committing crimes 'police will get you'
National Security Minister Wayne Munroe on Friday expressed confidence in the government's crime plan despite the country's murder count surpassing 100 fatalities.
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