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CARICOM makes decision to provide support for Haitian National Police
AFTER days of high-level meetings mainly centred on the crisis in Haiti, member states of CARICOM have agreed to provide direct support to the Haitian National Police (HNP) to help restore peace to the crisis-torn nation, CARICOM Chairman and Prime Minister Phillip Davis revealed Friday.
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21-year-old charged with death threats against PM
AN 21-year-old was remanded to prison on Monday after he was accused of threatening to kill Prime Minister Phillip “Brave” Davis on Saturday.
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‘Scary’ food hikes starting to stabilise
Bahamians “finally have some hope” that food price inflation is easing, Super Value’s president says, while admitting that the past two years have been “scary” for both retailers and consumers.
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Turks and Caicos Premier lauds opportunities as he invites citizens to return
TURKS and Caicos Island Premier Charles Washington Misick spoke about job opportunities and over $1bn worth of investments in the pipeline in the nation during an official visit to Grand Bahama on Saturday.
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‘Every 100 migrants cost taxpayers $500k’
The Ministry of Finance’s top official has voiced fears that the migration crisis could “throw our Budget off completely” with taxpayers incurring an additional $500,000 in costs for every 100 new arrivals reaching Bahamian shores.
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CRACKDOWN – PM: We cannot have shanty towns on our islands
PRIME Minister Phillip “Brave” Davis pledged to take “decisive” action on shantytowns, saying prosecutions will be made where seen fit on the issue.
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Atlantis concern over cruise line’s PI environment impact
AN ATLANTIS executive says the Paradise Island mega resort has concerns over how Royal Caribbean Cruise Lines (RCCL) plans to mitigate any environmental risks resulting from its proposed Beach Club project.
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Cotton Bay revival targeting $12m yearly wage, tax boost
REPRESENTATIVES of the developer behind the Cotton Bay Club’s $200m revival have forecast that the project will generate an annual $12m economic impact in wages and taxes alone when fully operational.
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Rumour has it
ActivTrades
The ups and downs in the international markets continued last week. Robust economic data fuelled concerns about interest rates but, at the same time, consumer activity remained strong. This created a dilemma for many investors.
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PM: No immediate move to demolish shanty towns
PRIME Minister Phillip “Brave” Davis suggested on Friday that the government will not immediately move to demolish shanty towns despite the recent lifting of a court injunction, saying it makes no sense “responding to a crisis to create another crisis”.
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Two more GSSSA champions crowned
COACH Kevin ‘KJ’ Johnson and his CI Gibson Rattlers celebrated another Government Secondary Schools Sports Association championship feat, this time in the senior girls’ division.
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‘Buddy’ Hield misses out on his second 3-point title
CHAVANO ‘Buddy’ Hield has hit some big three-pointers during his eight years in the National Basketball Association. In fact, the Grand Bahamian now owns the Indiana Pacers’ single-season franchise record, surpassing legendary Reggie Miller.
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Ukraine President addresses CARICOM, PM expresses solidarity
Prime Minister Philip ‘Brave’ Davis spoke with Ukraine President Volodymyr Zelenskyy by video at the CARICOM Heads of Government Meeting and, on behalf of the Caribbean community, expressed solidarity with the people of Ukraine.
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DIANE PHILLIPS: When hallmark holidays exact a toll on our soul, just bring on the super sports
SUPER Bowl Sunday was enough excitement for the week so when Valentine’s Day rolled around 48 hours later, some of us just weren’t quite ready for another celebratory occasion, though there’s little doubt that restaurants were full, jewellery was flying off the shelf and you couldn’t find a red rose in town unless you spray painted it.
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EDITORIAL: Canada PM putting money where his mouth is
AFTER the ceremony – and the protests – of the start to CARICOM, yesterday saw delegates getting down to business.
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Fidelity targets $25m annual profits despite 2022’s miss
Fidelity Bank (Bahamas) is targeting $25m in net profits for 2023 despite failing to achieve the same goal last year, its top executive revealed yesterday.
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Cable’s $10.69m profits swing amid refinancing drive on Aliv
Cable Bahamas yesterday unveiled a positive $10.69m bottom line turnaround for the first half of its 2023 financial year despite encountering frustration over the pace of Aliv’s debt refinancing.
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Digital provider calls for Bahamas CSME sign-on
A digital payments provider yesterday argued that the Bahamas should join the Caribbean Single Market and Economy (CSME) to break down barriers facing local firms seeking to expand into the region.
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Lease setback strikes PI lighthouse entrepreneur
A Bahamian entrepreneur battling to restore Paradise Island’s lighthouse yesterday suffered a setback in his fight with the Government and Royal Caribbean after the Supreme Court found he does not possess a valid Crown Land lease.
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Insurer: New VAT policy will increase costs
BAHAMIAN consumers will “undoubtedly” see increased cost of services at pharmacies and other places due to the new interpretation of the VAT Act regarding remittance on medical insurance and healthcare services.