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Nassau flagship drives 1/3 of parent’s income
Nassau Cruise Port is being hailed as a flagship investment by its controlling shareholder with The Bahamas now accounting for almost one-third of its total group adjusted revenues and operating income.
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Bank stability at 7-year high on $400m profits
The Bahamian commercial banking sector’s stability hit a seven-year high in 2022, the industry’s regulator has revealed, as combined profits soared nearly 59 percent to just shy of $400m.
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Reforms to boost financial services industry flexibility
Reforms to two key corporate products will boost the Bahamian financial services industry’s competitiveness by enabling it to provide more flexible structures to clients, the Attorney General has charged.
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Court of Appeal rejects Adrian Gibson's constitutional motion
THE Court of Appeal rejected Adrian Gibson’s latest constitutional motion on Friday, paving the way for his corruption trial to begin on Monday.
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BPL: From ‘dramatic savings’ to sky-high bills in three years
Bahamas Power & Light (BPL) has gone from “dramatic savings” on its fuel costs that have been hailed by the Inter-American Development Bank (IDB) to sky-high electricity bills in just three years.
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Temperature rise poses additional threat to sensitive coral reefs
CLIMATE change is causing heat that threatens the existence of coral reefs in the Bahamas.
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Food prices to ‘never return to pre-COVID’
The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”
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Musicians hit at ‘second class citizens’ treatment
Bahamian musicians yesterday argued that they remain unemployed while foreign entertainers are permitted by the Government to work at major New Providence resorts.
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Opposition ‘to hammer’ Gov’t on BPL’s $110m
The Opposition’s leader has pledged to “continue to hammer” the Government over the accounting treatment it is using for the $110m loan advanced to Bahamas Power & Light (BPL) to pay off its fuel arrears.
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BPL’s 71% cost hike branded ‘outrageous’
Private sector executives yesterday branded the 71 percent hike in Bahamas Power & Light’s (BPL) total energy costs as “outrageous” and “brutal”, with one saying: “I don’t know how businesses are surviving.”
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$700m external loan goal ‘looking very favourable’
The Government’s bid to raise almost one-third of its near-$2.2bn gross financing needs for the 2023-2024 fiscal year from external banks is “looking very favourable”, a senior official revealed yesterday.
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WORLD VIEW: Haiti urgently needs a genuine and representative transitional government
HAITI’S non-elected President, Dr. Ariel Henry has been identified as a significant part of the current crisis in Haiti. Henry and a small clique, who surround him, are hardly running the affairs of the state. Indeed, as armed gangs control more than 60 per cent of Port-au-Prince and the main corridors throughout Haiti, the disappearance of the state is obvious.
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INSIGHT: Sound policy decisions over soundbites to tackle crime
A RECENT spate of shocking crimes – including sex attacks against elderly women – has prompted some familiar talk. We must be tougher on crime, tougher on criminals. Perhaps so – but in our reaction, we appear to be falling into an old trap of seeking to carry out action, any action, without regard to whether or not it really works.
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GBPA gives Lucaya Towers South 30 day ultimatum - threatens to revoke occupancy
THE Grand Bahama Port Authority has given an ultimatum to the board of the Lucayan Towers South: provide a plan to fix the complex in 30 days or have your certificate of occupancy revoked.
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Andros Chickcharnies take home gold in golf
Grand Bahama Lucayans secure silver, NP Buccaneers win bronze
THE Chickcharnies will carry the sixth Bahamas Games team gold medal home to Andros.
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Navigators, Adventurers claim their gold medals
THE Exuma and Ragged Island Navigators along with the Eleuthera Adventurers brought gold to the Family Islands after winning the basketball segment of the Bahamas Games.
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Minister Bowleg: ‘This was a great Bahamas Games’
AS the curtain came down on the sixth Bahamas Games, Minister of Youth, Sports and Culture Mario Bowleg said he was pleased with what he saw from the nine days of competition.
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Minister of Youth, Sports and Culture announces 2026 edition
FOLLOWING the conclusion of the sixth Bahamas Games on Saturday night, the Minister of Youth, Sports and Culture Mario Bowleg announced the seventh edition is scheduled for 2026.
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DIANE PHILLIPS: There will never be another gingerbread house
THERE will never be another gingerbread house. Not like the ones Graham Bruce created, the magical, whimsical three feet high edible works of art handmade of gingerbread, brown sugar and love, adorned with sparkles, candy, nuts and candy canes, complete with windows that let the light shine through. They were architectural and culinary wonders, those gingerbread houses, days in the making and happy slow hours in the guilty devouring.
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GB Humane Society urges pet owners to keep their animals cool and safe from summer heat
Tip Burrows, executive director of the Humane Society of Grand Bahama, is urging pet owners to keep their animals cool and safe during the hot summer months.
