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Bahamas urged: Target 80% in next aviation safety audit
The Bahamas must target a “high 70s-80 percent score” on its next aviation safety audit and match the world’s best, an attorney said yesterday, adding: “We’ve made great strides in a short span of time.”
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Cement shortage raises fears of 20% price hike
Cement shortages have hit the Bahamian construction industry at least three times in the past month, it was revealed yesterday, with suppliers yesterday suggesting the backlog will cause a 20 percent cost hike for the sector.
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Retailers in pick-up for Mother’s Day
Florists and gift shops yesterday said they have been receiving “plenty of orders” with Mother’s Day fast approaching, adding that business volumes were holding up well compared to pre-COVID figures.
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Individuals blamed over Dorian tax break abuse
Grand Bahama businesses yesterday said individuals, rather than companies, were the likely culprits abusing the Dorian-related Special Economic Recovery Zone (SERZ) privileges to evade due taxes.
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Managers in three-year wait for $821k owed by PI resort
Hotel managers and their union have now been waiting “almost three years” to recover a collective $821,292 allegedly owed to them by a shuttered Paradise Island resort, it was revealed yesterday.
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Sands warns on rise in COVID cases
FREE National Movement Chairman Dr Duane Sands has raised concerns about the recent uptick of confirmed COVID-19 cases in the country, insisting the true number of infections could be higher.
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‘Thousands’ backlogged in land applications
THE land manager at the Department of Lands and Surveys says the backlog of applications for Crown Land is in the thousands and wants government to suspend the application process so people who have never been approved for a Crown Land grant can get a response.
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Sydney Clarke named to the Conference USA All-Conference Singles Second Team
AFTER completing a successful sophomore season at the University of Alabama at Birmingham, tennis player Sydney Clarke said there’s no better feeling than being back home.
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Henfield: We must reduce fossil fuels
A FORMER Cabinet minister said yesterday the country must be more “deliberate” and take aggressive steps to harness renewable energy in an effort to reduce our need for fossil fuels.
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Pinder: We will lead on climate change
THE Bahamas will continue to play an active and powerful role in the fight against climate change, Attorney General Ryan Pinder said yesterday, adding the country’s voice is “being heard more frequently and with more impact than ever before.”
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‘Foolhardy’ if BISX to neglect digital assets
The Bahamas International Securities Exchange (BISX) is “actively pursuing opportunities” in digital assets, its chief executive disclosed yesterday, adding: “We’d be foolhardy to do otherwise.”
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Gov’t revenue $210m ahead of projections
The Ministry of Finance’s top official yesterday the Government revenue is $210m above forecast for the 2021-2022 fiscal year-to-date and is expected to maintain that momentum through to end-June..
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Inflation ‘hurricane’ for property owners
Homeowners and businesses have been warned that soaring inflation could leave them under-insured as the 2022 hurricane season looms, with one underwriter describing catastrophe cover as an “expensive but necessary evil”.
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Gov’t drove 59% of $523m reserve rise
The Government accounted for 59 percent of the 2022 first quarter’s $523m rise in The Bahamas’ foreign currency reserves, the Central Bank’s governor has revealed, although the banking sector subsequently took on the greater share.
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Stronger penalties considered for traffickers
LABOUR and Immigration Minister Keith Bell said officials are considering changes to the law to ensure there are stiffer penalties for traffickers of illegal migrants.
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BTC revenues up 6% as subscribers decline
The Bahamas Telecommunications Company’s (BTC) revenues increased by 6 percent year-over-year for the 2022 first quarter as the carrier continued its steady recovery from the lows caused by the COVID-19 pandemic.
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Thirty firms to attend Labour on the Blocks
Some 30 companies will be present at this weekend’s Labour on the Blocks 2.0 job fair, the Department of Labour announced yesterday, as it bids to reduce unemployment by bringing work opportunities to local neighbourhoods.
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Overflight fees bring in up to $32m
ECONOMIC Affairs Minister Michael Halkitis estimates that The Bahamas stands to gain between $28m and $32m in revenue in overflight fees this fiscal year.
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$1BN BLACK HOLE OF UNPAID TAXES: Inland Revenue reveals scale of outstanding arrears by Bahamians
The Government’s top revenue agency yesterday revealed that “unacceptable non-compliance” by Bahamian taxpayers had resulted in the build-up of $1bn in outstanding tax arrears that it was now aggressively pursuing.
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Children are hurting
Yesterday I had the most traumatic experience that I’ve had in many years. I stopped at a little store off East Street near the COGOP Cathedral to purchase a case of canned gas that’s used in the camping stoves. Outside the store was a little girl who was probably about ten years old.
