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Gov't to 'unleash' $200m Water Corp investments
An MP yesterday said the Davis administration is poised to "unleash" the most ambitious capital investment initiative ever by the Water & Sewerage Corporation with $200m earmarked for 80 projects over a five-year period.
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Customs delays Nassau port roll-out to October 1
The implementation of Customs’ electronic single window (ESW) for 80 percent of goods entering this country has been delayed by one month to October 1, it was announced yesterday.The Ministry of Finance said the roll-out of the fully electronic proce
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INSIGHT: If I was running a sham like this I’d avoid the hard questions too
IT HAS been almost 18 months since the Free National Movement became the Government of the Commonwealth of The Bahamas and many of us are still struggling to figure out just who this government is. What is their brand of governance? What will we remember them for? Will it be for taking a savvy campaign catchphrase and turning it into a punchline? Or as the government that unabashedly increased the tax burden on its citizenry?
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Wilchcombe ‘very pleased’ with efforts to fight crime
TOURISM Minister Obie Wilchcombe yesterday said officials are making marked progress in protecting the country’s tourist areas from the criminal element.
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NPBA to end year on Wednesday
THE New Providence Basketball Association will complete the year with games on tap tonight and Wednesday at the AF Adderley Gymnasium before taking a break for the Christmas holiday. The league will return to action on January 4.
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Dames: Multi-faceted plan needed on crime
FORMER Deputy Commissioner of Police Marvin Dames believes the government has been unable to control violent crime in the country because it is lacking a strategic plan that involves a multifaceted approach to the problem.
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Collie predicted to win race for FNM chairman
FORMER Deputy Prime Minister Frank Watson yesterday forecast that former MP Sidney Collie would emerge as the new chairman of the Free National Movement.
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Five-month loan wait dampening realtor's outlook
A Bahamian realtor yesterday voiced concern that renewed market "optimism" could founder over tightened bank lending policies that are taking up to five months to issue mortgage approvals.
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Auto dealers brace for 70% orders fall
New car dealers are warning that the government’s tax earnings from the industry will be severely reduced with 2021 orders expected to be up to 70 percent off compared to pre-COVID levels.
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Melinda keeps helping residents in Abaco
DESPITE having lost everything to Hurricane Dorian in early September, Abaco resident Melinda Pinder has never backed down when it comes to helping those in need within her community. The mother-of-two, who is no stranger to charity work, had been a
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The world is changing and we must react
The boom and bust cycle of the global economy is well established. WTO says global trade has under performers with growth of 3% and is expected to decline in 2019 to 2.6 %. The IMF forecast a global slowdown for 2019. The United States (US) is the world’s largest economy in nominal GDP so I will focus mainly on the US in my analysis.
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Caribbean rating agency entering Bahamas market
A Caribbean rating agency yesterday voiced optimism it can help Bahamian debt issuers raise capital at lower costs after being approved to offer its services in this nation.Wayne Dass, Caribbean Information and Credit Rating Services Limited (CariCRI
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$377m investment for BPL’s LNG conversion
A total $377.4 million investment is required to convert Bahamas Power & Light’s (BPL) generation plants to liquefied natural gas (LNG), an IMF ‘working paper’ revealed yesterday.
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Marina chief hits at increased red tape
The Association of Bahamas Marinas (ABM) yesterday voiced frustration that the entry process for incoming boats and yachts has been made “more complicated and difficult” for 80 percent of the market.
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Bahamas’ ‘first class fills before economy’
The Bahamas’ tourism rebound is seeing “first class fill up before economy class”, a Cabinet minister said yesterday, estimating that as much as 80 percent of the industry’s economic impact has returned.
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Vaccines while you shop at Super Value
Super Value’s principal yesterday said he will be “very disappointed if thousands” of shoppers fail to get COVID-vaccinated at two of his stores this weekend, adding: “We must get to 100 percent.”
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Retailer 'can't afford to take risks blindly' after 80% sales fall
A Bahamian retailer has warned he and others "cannot afford to take blind risks any more" due to the Government's handling of COVID-19, with curb-side restrictions slashing his sales by 80 percent.
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WORLD VIEW: Don’t take the vaccine and all you’ll do is prolong this crisis
PEOPLE in the Caribbean who refuse to take vaccinations to counter the corona virus will cause the COVID-19 pandemic to remain longer in the region, endangering lives, livelihoods, and entire economies.
Obit
Jestina Ferguson
Funeral service for Jestina Ferguson, 85 a resident of Dumping Ground Corner, will be held at Mt. Olivet Baptist Church, Meadows Street, on Saturday 13th June, 2015 at 2:00 p.m. Officiating will be Rev. Dr. C.B. Moss. Cremation follows. Left …
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Engineers chief: Our growth is being ‘stymied’
The Bahamas Society of Engineers (BSE) president yesterday bemoaned how local professionals were frequently being ‘frozen out’ of foreign direct investment (FDI) projects, with work “never touching our soil”.