Prime Minister: Bahamas must not be swept away in AI ‘tsunami’
The Prime Minister says artificial intelligence (AI) can lower barriers to entry, expand opportunity and reshape small economies such as The Bahamas.
GB Power seeks to close sale ‘as soon as possible’
The Prime Minister has pledged his administration is working to resolve work permit challenges and other woes threatening Grand Bahama Shipyard’s projected expansion.
DPM Chester Cooper: Boating fees update ‘in due course’
The deputy prime minister has promised an update on potential reforms to the new and increased boating fees will be provided “in due course” with the MInistry of Finance and Ministry of Transport heading talks with the private sector.
Don’t ‘blindly rely’ on AI
A Bahamian banker says the industry cannot “blindly rely upon” artificial intelligence (AI) and instead must use it wisely to drive efficiency and productivity.
Downtown benefits from taking a ‘bite out of Bay’
The Tourism Development Corporation says downtown Nassau was transformed into a celebration of food and culture through the return of its Bites on Bay festival on Saturday, February 7.
Governance reformer: Fighting corruption will cut cost of living
Governance reformers yesterday argued that fully implementing and resourcing anti-corruption measures will help ease The Bahamas’ cost of living pressures after this nation slipped one place in Transparency International’s annual Corruption Perceptions Index.
Bahamian realtor unveils its ‘Circle of Excellence’
A Bahamian realtor has unveiled its 2025 Circle of Excellence winner to honour agents and teams who show outstanding performance and commitment.
Regulator warns Bahamians on ‘relationship’ fraud scams
The Securities Commission yesterday revealed it is participating in a five-day global campaign as part of a drive to better protect Bahamians from falling victim to so-called ‘relationship’ or ‘romance’ fraud scams.
$100m roadworks funding via ‘receivables factoring’
A $100m loan that will enable a Bahamian contractor to complete 200 miles of roadworks on Exuma and Eleuthera has been structured as an “accounts receivables factoring” arrangement, it was revealed yesterday.
Resolving Perpall Tract floods set to cost $5.7m
A $5.7m investment is needed to solve flooding and poor drainage in the 350-acre Perpall Tract and east Grove area of northern New Providence, an engineering study is estimating, with the planned new hospital not adding to these woes.
Frustrated Mayaguana residents promised Gov’t pay ‘next week’
The Progressive Liberal Party’s (PLP) newly-confirmed election candidate yesterday promised frustrated Mayaguana residents that long-delayed payments from the Government will be made next week.
‘Last shot’ for regulating construction profession
The Bahamian Contractors Association’s (BCA) president yesterday said the launch of a public petition is the industry’s “last shot” to persuade the Government to initiate regulatory oversight of the construction industry prior to the upcoming general election.
More students fall victim to child porn, sex scams
THE Royal Bahamas Police Force (RBPF) is increasingly dealing with cases where high school children fall victim to child pornography and sex-related scams, it was revealed at the Safer Internet Day Forum hosted by the Bahamas Telecommunications Company (BTC).
RM Bailey Park vendors voicing faith in security after Xmas theft
THE RM Bailey Park Association president is not concerned about the threat of crime this Valentine’s Day season as there will be fewer vendors on the park thus providing greater access and visibility for security.
‘No cause for panic’ over 27% points off-peak credit
Bahamian bankers yesterday asserted that the 27 percentage point decline in private sector credit, as a proportion of national GDP, over the past 15 years is “no cause for panic” or “solely a sign of weakness” but demands a renewed focus on economic fundamentals.
