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AML: ‘No concerns’ on new debt burden

AML Foods “has no concerns” about its ability to service an increased $25 million debt load resulting from the acquisition of its western New Providence Fresh Market store, and believes the deal will boost shareholder value.

VAT revenues hit $271m for first 5 months

The $271.1 million in gross Value-Added Tax (VAT) revenues collected during the first five months of the Government’s 2015-2016 fiscal year slashed its fiscal deficit by almost 50 per cent to $134.1 million.

Businessman opposes vehicle import restrictions

GRAND Bahama businessman Kendal “KC” Colebrook is opposed to the ban on the import of certain categories of vehicles into The Bahamas, saying it will significantly affect the livelihood of auto-body technicians and an industry that is growing in Freeport.

Bastian stands by report

AUDITOR General Terrence Bastian yesterday said his department stands by its audit of Urban Renewal’s Small Home Repairs programme in light of a contradictory independent report commissioned by the government.

Mother beaten to death outside her own home

A MOTHER of one was beaten to death outside her home on Saturday prompting police to launch an intensive investigation into the case.

Activist: Laws blocking same sex marriage are discriminatory

LESBIAN, Gay, Bisexual and Transgender activist Erin Greene said that the laws that prevent same-sex couples from marriage are discriminatory and added that calls for a constitutional definition of marriage as being between a man and a woman are “diametrically opposed to the principles of democracy, equality and the Rule of Law”.

Reform in civil service

Before I delve into the primary reason for writing this letter to the Editor, I want to acknowledge that many civil servants, both past and present, have selflessly sacrificed to make the Bahamas what it is today.

Central Bank: Don’t send dormant accounts ‘direct’

The Central Bank has told its commercial bank and other licensees to stop sending clients seeking to recover dormant accounts directly to it as such applications must come from the institutions itself.

IAN FERGUSON: How businesses can survive frugality calls

Business frugality is essential for survival. With supply chain issues continuing to plague many industries, and inflation still surging, business owners (especially the most vulnerable among us) must find ways to save. This week’s column focuses on ten ways a business can go the extra mile to save a dollar.

Think up

Dr Abraham Maslow, the famous psychologist whose brainchild is the Maslow hierarchy of needs (a categorization of man’s social, physical and emotional needs), is also responsible for the term Jonah Complex. Simply put, the Jonah Complex speaks to man’s fear of his own greatness – even when exposed to the same information and opportunity as his peers.

Headaches

A significant health problem in today’s society is headaches. Not only are they painful and debilitation to the people who have them, they cause lost productivity, which can cost in the millions of dollars.Headaches are one of the most common reasons

FINCO profits near-double on 50% loan provision fall

FINANCE Corporation of the Bahamas (FINCO) profits near-doubled in 2017 due to a more than 50 per cent drop in loan loss provisions, even though bad credit increased to $121 million.Royal Bank of Canada’s (RBC) mortgage arm, in financial statements r

EDITORIAL: The Trump-Comey show has just begun

JAMES Comey is in the headlines again. It is likely that he will stay there longer than most news stories out of Washington and New York these days.

A COMIC'S VIEW: Positive steps taken towards the legalisation of medicinal marijuana

ATTORNEY General Carl Bethel recently announced that marijuana legislation, once approved by Cabinet, will be introduced to Parliament before the end of the budget year.

Aid groups: We're not being held back by red tape

REPRESENTATIVES of international organisations providing relief to the Bahamas after Hurricane Dorian said yesterday red tape has not hindered their efforts. During a press conference, leaders of the United States Agency for International Developmen

Taxi union president vows further protest

The taxi union president yesterday vowed to stage another Rawson Square protest tomorrow as he accused the Government of failing to meet its demands.

Colina suffers 96% fall on investment income

A BISX-listed life and health insurer has revealed that 2020 first-half profits were down $3m year-over-year after its investment income plummeted 96 percent due to COVID-19's impact. Colina Holdings (Bahamas), the parent of Colina Insurance Company

Doctor criticises lack of COVID treatment at Rand

A well-known private physician in Freeport has criticised the lack of treatment for COVID patients hospitalised at the Rand.

Families devastated by Freeport double killing

AS police look for three Bimini men they want to speak with in connection with Wednesday’s double homicide in Grand Bahama, the shooting deaths of the two young men from Hunters have left that small community in shock.

MONEY MATTERS: Identifying the bare necessities of life

TVs. Laptops. Cellular phones. Turn on any device and you are constantly bombarded by advertisements to consume. Facebook. Instagram. Snapchat. Interact with anyone on social media and you are constantly flooded by advertisements. Food. Entertainment

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