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'Decade of contraction' ends with $50m credit expansion

The Central Bank's governor yesterday revealed "a decade of steady contraction" in lending to the private sector was halted by 2023's $50.3m credit expansion although mortgage activity remained "subdued".

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Wynn's 300 building jobs to 'far outweigh' environment impacts

A $100m, 14-storey Goodman's Bay penthouse complex will create 300 construction jobs and generate benefits "that far outweigh" the touted limited environmental impact, it has been pledged.

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Witness in Gibson trial claims she ‘cried out’ over abuse while at WSC

A WITNESS in Adrian Gibson’s criminal trial claimed she suffered abuse when she headed the health and safety department at the Water and Sewerage Corporation (WSC), prompting her to ask the former chairman to relieve her of the post.

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PM: Another nation will step up on Haiti

PRIME Minister Philip “Brave” Davis expects another country to step up and lead a mission to stabilise Haiti if Kenya’s court prevents that country from playing the role, noting CARICOM countries lack the “capacity or the wherewithal” to lead the mission.

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PROSECUTORS KEY TO DEATH PENALTY: Dame Anita Allen speaks on bail and executions

FORMER Court of Appeal president Dame Anita Allen said prosecutors should be more aggressive in seeking the death penalty in appropriate murder cases.

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Honouring retirees

THE Ministry of Education has honoured 80 retirees who dedicated between ten and 40 years of service.

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Arawak Cay gains $130k sewage system upgrade

A Cabinet minister yesterday hailed the $130,000 upgrade of Arawak Cay's sewerage and pipe infrastructure as a "celebration".

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Quaker remains 'very strong' despite recall

The Quaker brand's Bahamian wholesale distributor yesterday confirmed it will not drop its products despite recent recalls due to fears some may have become contaminated by salmonella tainting.

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Abaco Chamber chief fears port PPP costs

Abaco's Chamber of Commerce president yesterday voiced concerns that outsourcing the Marsh Harbour port's redevelopment to private investors will increase the cost of living on the island.

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Bahamas to grow 'in low 2% range' in '24

Improvements to workforce productivity and the ease of doing business are critical to boosting economic output with Bahamian GDP forecast to expand in "the low 2 percent range" in 2024.

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WORLD VIEW – Red Sea crisis: Houthi attacks raising prices worldwide

UP until a few weeks ago, the Red Sea and Yemen held little significance for the peoples of Latin America and the Caribbean.

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INSIGHT: Is murder a serious issue, or is it not?

IS it just me or is there some serious crosstalk going on over crime?

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INSIGHT – Bahamas travel advisory: Zero violent crimes against visitors in 2024

AS we have learned over the many years, the US State Department is required by law to report on anything that may affect Americans travelling to other countries.

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'Changing' property market on up to 300% listings jump

A 200-300 percent increase in new listings is driving Bahamian real estate's "transition" away from a sellers' market by outstripping buyer demand, a prominent realtor is asserting.

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Target cruising's top 10% for 'awesome' conversion

Nassau Cruise Port's top executive yesterday said The Bahamas must target the "top 10 percent" of cruise visitors with a compelling "value proposition" to realise a "huge" stopover conversion opportunity.

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Airline chief: Do not pin FAA audit blame on us

A Bahamian aviation operator is voicing concern that he and other airlines are being set up to get the blame if this nation is downgraded by US federal regulators following a recent audit.

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'Highly, highly unlikely' tourism hurt by crime

Nassau Cruise Port's top executive yesterday said it is "highly, highly unlikely" that cruise passengers or any tourists will be impacted by early 2024's surge in murders and the fear of crime.

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Police investigate alleged sexual assaults

Police are investigating two separate complaints of sexual assault involving two female visitors that occurred on Paradise Island.

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‘Not enough time given’, says Abaco shanty town resident

ALTHOUGH for years government has threatened to destroy Abaco’s shanty towns, a father of two facing eviction from The Farm fears his family will have nowhere to go before the deadline is up to leave the unregulated community, his home for 20 years.