CIBC profits drop 15% on inflation, provisions
A BISX-listed bank has blamed a combination of inflationary pressures and $22m year-over-year increase in loan loss provisions for a near-15 percent decline in its 2022 full-year profitability.
Business licences: More than 10,000 issued within past week
MORE than 10,000 Business Licences have been issued within the past week, a Cabinet minister said yesterday, as he sought to reassure the private sector that “steady progress is being made” in processing their applications.
Gov’t seeking end to price control ‘combat’
THE GOVERNMENT wants to avoid “a combative relationship” with the food distribution industry as it seeks to determine what the industry’s price controls will be once the expanded regime ends on April 17.
‘Abundance of caution’ in $232m loan clean-up
A Cabinet minister yesterday said the Central Bank Act is being “cleaned up out of an abundance of caution” to ensure the Government can lawfully borrow the $232.3m IMF special drawing rights (SDRs).
First-ever yacht show to boost Bahamas potential
A BROKER yesterday voiced optimism that the first-ever Bahamas Charter Yacht Show will draw more focus to this nation’s rising potential as a boating destination.
GERMAN WITH BAHAMIAN MEN GIVEN 6 MONTHS FOR HEMP
A GERMAN resident and two other men were placed on six months’ probation yesterday after admitting in court of having a gram of Indian hemp.
ABACO MAN HELD ON UNLAWFUL SEX WITH 12-YEAR-OLD GIRL
A 49-year-old Abaco man accused of having sex with a young girl appeared in the Magistrate’s Court this week in Abaco. Ivan Curry, of Central Pines, was charged with having unlawful sexual intercourse with a 12-year-old girl on February 14.
$1,000 BAIL FOR STOLEN PRESSURE WASHER
A MAN was granted $1,000 bail yesterday after being accused of having a stolen pressure washer last week.
MAN ACCUSED OF DEATH THREATS AGAINST PM GRANTED $5,000 BAIL
A MAN accused of threatening to kill Prime Minister Phillip “Brave” Davis was granted bail yesterday. Isaac Roberts, 21, was charged earlier this week before Chief Magistrate Joyann Ferguson- Pratt with making death threats.
Grand Bahama gospel concert to benefit local charities
PASTOR Simeon Outten has announced plans to hold a free gospel concert on Sunday at the Independence Park in aid of three local charitable ministries on Grand Bahama.
Rotary Club of East Nassau marks 60 years with special events
THE ROTARY Club of East Nassau has kicked off its 60th anniversary year of celebration.
Day 4 double elimination
36TH HUGH CAMPBELL BASKETBALL CLASSIC @ KENDAL ISAACS GYM
It was the start of the elimination process and the survival round on day four of the 36th edition of the prestigious Hugh Campbell Basketball Classic for senior boys at the Kendal Isaacs Gymnasium.
Men’s national basketball team suffers 115-70 loss to Venezuela
IT wasn’t the performance that coach Moses Johnson anticipated from the men’s national basketball team in the opener of their two-game road trip in their final appearance in the FIBA Americas World Cup Qualifier.
UB Mingoes track & field team wins 4x400 relay at St Thomas University
THE University of The Bahamas Track and Field team won the 4x400m relay at the St. Thomas University Season Opener meet over the weekend.
UB Mingoes men earn 10-1 win over Baha Juniors
THE University of The Bahamas men’s soccer team seemed as if it just could not stop scoring against Baha Juniors Football Club in Bahamas Football Association play on Sunday at the Roscow AL Davies field.
QC Class of 1985 remember Frankie Simmons
IN memory of their deceased classmate Frankie Simmons, the class of 1985 of Queen’s College made a cheque presentation to the Freedom Farm Green Parrots to assist in their travel to the Perfect Game Tournament in Sandford, Florida.
STATESIDE: Biden’s visit to front line shows his commitment to winning this war
TOMORROW marks the first anniversary of the Russian invasion of Ukraine. Commemorations have been extensive and substantial.
FRONT PORCH: Reading and research key to integrity in journalism
GOOD journalism and well-crafted commentary play a critical role in public policy and political debates. They enliven and enlighten national dialogue.
Members of Davis administration say ‘real action’ on illegal immigration taking place now
MEMBERS of the Davis administration defended government’s plan to tackle illegal immigration, arguing that “real action” is happening for the first time in a long time.
