Story
Sands: Be cautious over lifting restrictions
FREE National Movement Chairman Dr Duane Sands wants the government to be cautious when considering easing additional COVID-19 restrictions, saying data has shown the nation’s positivity rate has increased while local testing has declined.
Story
Tributes paid to veteran educator Mary Cooper
THE Grand Bahama community is grieving the “huge loss” of well-known retired veteran educator Mary Cooper, who died on Easter Monday.
Story
EDITORIAL: Masks still serve a purpose
DEPUTY Prime Minister Chester Cooper sounded the bell yesterday that could bring the end to wearing masks.
Story
190 years in jail for man who killed mother of former Bahamas ambassador Avant
A PAROLEE who murdered 81-year-old philanthropist Jacqueline Avant, the wife of a legendary music executive, was sentenced Tuesday to 190 years in a California prison.
Story
Coral Harbour project ‘scaled back’ to $300m
A “mega project” targeted for Coral Harbour “has been scaled back significantly” with an up-to-$300m investment targeted for its initial development phase, its Bahamian attorney said yesterday.
Story
Real estate firm enjoys 105% Q1 sales boost
A Bahamian real estate firm yesterday said sales volumes for the 2022 first quarter had more than doubled year-over-year to produce another record year, its principal saying: “We’re firing on all 12 cylinders.”
Story
Bahamas largely compliant on key tax evasion ‘action’
The Bahamas has been cited for just relatively minor deficiencies by an Organisation for Economic Co-Operation and Development (OECD) review of its compliance with a key anti-tax evasion standard.
Story
Realtor seeing record property ‘bidding wars’
A Bahamian realtor yesterday said a record number of “bidding wars” are erupting over lower to mid-market properties due to a limited supply that is unable to keep up with still-buoyant market demand.
Story
Ex-minister faces legal fight over $1.25m debt
An ex-Cabinet minister yesterday slammed as “ridiculous” an escalating legal battle that he has become embroiled in over a controversial New Providence dolphin attraction that was ordered to close by the Supreme Court.
Story
‘Act on NIB or retirement fund is gone’
WITH a possible six-year insolvency timeline set for the National Insurance Board fund, a noted banker has said the harsh reality is if higher than normal administrative costs are not adjusted and contributions raised, people with more than 20 years to retirement may have no benefit to look forward to.
Story
Galleria shuts cinema down - and workers file disputes
GALLERIA Cinemas has shut down and made its employees redundant after the COVID-19 pandemic weakened its business, according to Director of Labour Robert Farquharson.
Story
Archer looks ahead to 2023 CARIFTA games on home soil
AFTER turning in another distant second place finish behind powerhouse Jamaica at the return of CARIFTA, Bahamas Association of Athletic Associations president Drumeco Archer said there’s a lot of work to do to prepare for the hosting of the 50th anniversary of the championships next year.
Story
Inaugural Bain and Grants Town Summer Games set
MEMBER of Parliament Wayde Watson said one of the alternative ways of helping to deter some of the crime in his inner city community is to stage their inaugural Bain and Grants Town Summer Games.
Story
FACE TO FACE: Helping others to overcome life’s hurdles
“TURN hopelessness into hope, can’t into can, and impossible into possible” - a quote that Charlis Robins resonates with as she reflects on her growing career as an occupational therapist.
Story
‘Place consumers ahead of votes on price control’
Eliminating price controls “would more than offset” soaring inflation, a Bahamian retail chief is arguing, but politicians remain too obsessed with “perception” and election votes to allow consumers to benefit.
Story
'Misunderstood' on gasoline VAT cap
Abaco's Chamber of Commerce president believes the Government may have "misunderstood" calls for it to cap - not cut - the amount of VAT it earns on gasoline sales in a bid to ease inflationary pressures in the Family Islands.
Story
Bill, Tony and Tom to elevate digital ‘front runner’ Bahamas
A former US president and ex-UK prime minister, plus a record-breaking Super Bowl winner, are heading the speaker line-up at a conference that will next week seek to elevate The Bahamas’ position as a digital assets “front runner”.
Story
Highest US COVID rating ‘paves way’ for test ease
A senior hotelier yesterday voiced optimism that The Bahamas’ achievement in attaining the highest-possible COVID rating with US health regulators “paves the way” for both to review the testing protocols required to enter their nations.
Story
Stocks and wars
ActivTrades
“BUY when the cannons roar. Sell when the violins are playing.” This stock market wisdom comes from Carl Mayer von Rothschild (1788-1855), partner in the Frankfurt banking and trading house, M.A. Rothschild & Sons. “Be fearful when others are greedy and be greedy when others are fearful,” Warren Buffett also said.
Story
Gov’t touts 26% VAT rise despite rate cut
The Ministry of Finance’s top official has touted a 26 percent VAT revenue increase, compared to pre-COVID numbers, for the first two months of calendar 2022 as a signal that the rate cut has not impacted government revenues.
