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The millionaires club

TOURISM Minister Dionisio D’Aguilar tops the list of millionaire candidates who are vying for re-election with a total net worth of $37,951,803, according to financial disclosures submitted to the Parliamentary Registration Department.

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Symonette top of rich list with $156m declaration

FORMER Deputy Prime Minister Brent Symonette leads the pack of a long list of millionaires and wealthy candidates who are vying for seats in the House of Assembly with a total net worth of $156m, according to financial disclosures submitted to the Parliamentary Registration Department.

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BEC backs net billing over metering

The BAHAMAS Electricity Corporation (BEC) prefers net billing to net metering, its general manager yesterday pledging that the utility would work with the Government to implement the legislative reforms necessry to facilitate renewable energy growth.

BPL can ‘undervalue’ price consumers get for renewable energy

Bahamas Power & Light (BPL) will initially be allowed to “undervalue” the price it pays to purchase renewable energy generated by its residential customers, according to proposals released yesterday.

hundreds of sharks and fish caught up in drifting 'ghost net'

Gruesome images of hundreds of sharks and fish trapped in a drifting “ghost net” in the Caribbean have caused outrage across the world.The upsetting pictures were captured by a photographer who spotted the net floating four miles off the Cayman Islan

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$7.5M allocatd for social safety net reform

THE government will allocate $7.5 million towards necessary social safety net reform, Minister of Social Services Melanie Griffin announced.

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Durant among 4 Nets to test positive for new coronavirus

NEW YORK (AP) — Four Brooklyn Nets players, including Kevin Durant, have tested positive for the new coronavirus, bringing the total to seven known players in the NBA.

Benefits payout fall offsets FamGuard’s 58% annuity decline

FamGuard Corporation has unveiled a flat year-over-year net income for the 2012 third quarter and first nine months, with a 57.6 per cent drop in annuity deposits offset by a $4.5 million decline in net poliyholder benefits.

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Bahamas escapes PR damage from bonefish guide abuse

The Bahamas almost suffered a tourism PR blow after seven visiting sportsfishing journalists saw their guide verbally abused and intimidated by a fisherman engaged in illegal netting.

Furious flurry by James gives Heat victory over Nets

NEWARK, N.J. (AP) -- LeBron James scored Miami's final 17 points in a furious one-man rally, finishing with 37 as the Heat pulled out a 101-98 victory over the New Jersey Nets on Monday night. In a game the Heat never led until the final 51 seconds, James

FamGuard unveils 15% profit growth

FamGuard Corporation has unveiled a 15 per cent year-over-year net income increase for the 2013 first half, driven by a total revenue increase and expenses that remained largely flat.

FamGuard net profits up 26% as annuities double

Family Guardian’s BISX-listed parent has unveiled a 26 per cent net income increase for the nine months to end-September 2013, aided by annuity deposits more than doubling year-over-year.

Pacers beat Nets 106-99

INDIANAPOLIS (AP) -- Paul George scored a career-high 24 points to lead the Indiana Pacers in a 106-99 win over the New Jersey Nets on Tuesday night. Danny Granger had 21 points and seven rebounds and Roy Hibbert had 18 points and 14 rebounds for the Pacer

Colina's 'new life' after segment's 75% profits reduction

Colina Insurance is set to launch a new individual life “product suite” during the 2013 first half, in a bid to “boost sales volumes” after the segment’s net income contribution dropped 75 per cent in 2012.

Optimist Sailing: Weech 41st overall after day 4

FOLLOWING a day of team racing, competition shifted back to individual competition on day four of the 2019 Optimist North American Championships.

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Leading health insurer rebounding from 2020 COVID fallout

A BISX health insurer disclosed that the company is rebounding from the 2020 COVID-19 fallout with a near 2,000 percent net investment income increase for the first six months of this year.

Colina defends 'double book value' CFAL deal

Colina Holdings (Bahamas) yesterday said it paid “a fairly modest multiple” to acquire an affiliate from its majority shareholder, despite the $11.153 million purchase price being more than double CFAL’s net book value.

Davis Jr shines in Grand Bahama battle

THIS past holiday weekend, all eyes in the Bahamian golfing community were focused on the island of Grand Bahama where the Bahamas Golf Federation held its 2014 National Amateur Championship.

VIEW FROM AFAR: We must make use of net metering

SINCE neither all my readers nor I are engineers, I will write in layman’s terms about the practice of net metering being adopted in enlightened countries.

CIBC enjoys ‘best result’ for 11 years

CIBC FirstCaribbean’s Bahamian unit enjoyed its “best performance for 11 years” after 2018 profits rose nearly 11 percent due to improved loan book performance and rising US rates.