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IMF calls for ‘tax spending budget’
The International Monetary Fund (IMF) has urged The Bahamas to develop an annual “tax expenditure budget” to better identify revenue leakages and assess the economic impact of its spending.
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Bank governor eases 2022 growth forecast
The Central Bank’s governor yesterday moderated his 2022 economic growth projection to “over 5 percent” with the tourism industry not returning to pre-COVID levels in the year’s first half.
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Education among top ‘development gaps’
The Bahamas faces its biggest “development gaps” in the areas of education and environmental performance, an Inter-American Development Bank (IDB) report has confirmed.
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Tourism demand up over 50% in vital US markets
The Bahamas’ key visitor source markets are “all up double digits” on tourism demand, it was revealed yesterday, with New York and Florida ahead by 56 percent and 40 percent respectively.
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Super Value ‘safeguards’ on Ukraine flour fall-out
Super Value’s principal yesterday said it had sought to “protect the country” from further harm caused by Russia’s invasion of Ukraine through ordering extra supplies of flour.
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Jones expresses interest in Slam Dunk Contest
KAI Jones’ youthful exuberance was one of the highlights of Charlotte Hornets’ media day.
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Contractors: ‘Perfect storm’ over raw materials quotes
Bahamian contractors “cannot control prices” because quotes on building materials are holding for as little as 48 hours, with one saying yesterday: “It’s just the perfect storm.”
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Bad weather may ‘knock 10-15% off’ for marinas
The Association of Bahamas Marinas (ABM) president yesterday voiced fears that anticipated bad weather may “knock 10-15 percent off” visiting boater traffic this Thanksgiving holiday.
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Romad Dean and Lions finish 3rd
ROMAD Dean and his Crestwood Prep Lions (Ontario, Canada) finished third at one of the most prestigious winter tournaments on the prep basketball circuit in the United States.
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EDITORIAL: Halting illegal immigration a fight we dare not lose
Publicity about the recent successful interception on the high seas of large numbers of migrants from Haiti brings to the fore yet again the serious on-going problem for The Bahamas of the attempted illegal and uncontrolled mass movement here of people from our troubled neighbour to the south.
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NPBA: Shockers get 92-79 win over Regulators
A BUSY night on the New Providence Basketball Association schedule featured several blowout wins for division contenders.
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Bahamians’ presence felt on MLB Pipeline’s Top 30 Prospects list
SINCE Major League Baseball (MLB) Pipeline began listing its top 30 prospects within each franchise for the upcoming 2019 season, Bahamians have been prominently featured.
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GAIN AN EDGE: Achieving college dreams through summer learning
Thanks to StemForce Bahamas, a grant from Lyford Cay Foundations and support from other donors, Bahamian public-school students like Carmetta Barry have developed a passion for learning science while also carving a path to higher education.
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Minnister of Pain: PM swings axe to turn round economy
MAKING good on his promise to slash government expenses in an effort to balance the country’s books, Prime Minister Dr Hubert Minnis last night announced a variety of conservative fiscal measures, including a ten per cent cut in spending in all government ministries and no new public sector hiring.
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It's the people's finances
I HAVE purposely allowed a few days to pass, after the Prime MInister’s address to reply.
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Bahamas Realty hopes 15% growth not hit by election
Bahamas Realty’s chief executive yesterday expressed hope the imminent general election will not stall the 10-15 per cent year-to-date growth in business, which comes on top of 2016’s 60 per cent gross sales rise.
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Sky Bahamas cuts US flights to assess new security rules
Sky Bahamas yesterday said it is slashing the frequency of US flights by two-thirds this month, in a bid to assess the financial and other impacts from aviation security upgrades.Randy Butler, the Bahamian airline’s president and chief executive, sai
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‘Super Mario Run’ makes missteps
Super Mario might be running, but a hefty price tag for a mobile game just won’t fly with the masses.
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Chamber chief urges ‘thorough analysis’ on $1m residency change
The Government “must make sure it’s done a comprehensive analysis” of all potential repercussions from doubling the ‘fast track’ permanent residency threshold to $1 million, the Chamber of Commerce’s chairman has urged.
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Rosa and crew lead field at Snipe World Masters
The restoration efforts from the effects of Hurricane Matthew have presented several challenges for the organisers of the Snipe World Championships Masters. However, the event continues this week at the Royal Nassau Sailing Club.
