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MARINA SALE A HUGE BOOST FOR FREEPORT: US developer buys Port Lucaya for 200 condo/hotel project
A well-known Freeport marina is “under contract” to be sold as part of a deal involving construction of a new 200-unit condo hotel, Tribune Business confirmed yesterday.
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Pharmacist warns on drug prices inflation
Pharmaceutical drug prices may go up by 4 percent this summer due to a combination of increased global demand and rising supply chain costs, it was revealed yesterday.
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Disaster chair: No one ‘deliberately negligent’
The Disaster Reconstruction Authority’s (DRA) ex-chairman yesterday said he does not believe any of its staff were “deliberately negligent” as allegations continue to swirl around its performance.
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Securities sales
The performance of The Central Bank sale of Securities recently is exceptionally significant not because the securities were over-subscribed but only 25% of a $34m offer caught interest of those who purchase.
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Expectations loom large for infielder Daunte Stuart
FOLLOWING a breakout campaign as a sophomore, expectations loom large for Daunte Stuart headed into the upcoming 2022 campaign as one of the top players in the Southland Conference.
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Romad Dean on the rise in OSBA
ROMAD Dean continues his series of impressive performances in the second half of the Ontario Scholastic Basketball Association season.
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Travis Munnings eliminated from Eurocup qualifier contention
TRAVIS Munnings and Sporting Lisboa Benfica have been eliminated from FIBA EuroCup playoff contention but remain strong contenders locally in Portugal’s Liga Portuguesa de Basquetebol (LPB).
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The Bahamas Golf Federation congrats ‘young chef Chris’ establish
NORMALLY only the performances of the players are celebrated on the golf course, but today the Bahamas Golf Federation is recognising the achievement of rising young star Christopher Knowles in the classroom.
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Ministry to be relocated from Downtown Freeport
MINISTER of State for Public Service Pia Glover-Rolle has revealed the Ministry of Public Service Office will be relocated from downtown Freeport to more suitable and adequate accommodation.
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Bowleg tells youths ‘your future is in your hands’
YOUTH, Sports, and Culture Minister Mario Bowleg officially opened the Fresh Start programme in Grand Bahama on Friday, telling the 50 participants that success starts at the bottom.
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FOCOL’s $24m fossil fuels ‘game changer’
FOCOL Holdings temporarily increased its bank overdraft by 247 percent to finance “a game changer in our transformation” to beat reduced fossil fuels usage, its chairman has revealed.
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BOB chief: ‘Formula we don’t really want’
Bank of The Bahamas’ managing director says a shrinking loan book, combined with rising deposits and cash, is “a formula you don’t really want” for sustained long-term profitability.
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PM denies union’s Cable pre-election pledge fears
A trade union leader yesterday voiced doubts that the Prime Minister will live up “a pre-election commitment” to bring BISX-listed Cable Bahamas to the negotiating table.
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Build, build, build, stop!
ActivTrades
ERNEST Hemingway once wrote that bankruptcies happen gradually, and then suddenly. Such words seem appropriate to describe the fate of Evergrande, one of China’s largest real estate developers, which appears set to default on debt interest repayments.
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Gov’t targets early Club Med re-open
The Government was yesterday said to be working with Club Med in a bid to ensure its San Salvador resort re-opens earlier than late 2022 and sparks “a 180-degree turn” in the island’s economy.
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Ten more victims on COVID toll
THE Ministry of Health and Wellness reported 10 new COVID-19 deaths over the weekend, three of which were previously classified as deaths under investigation.
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Young dad killed by a single bullet
NEW Providence police are investigating the circumstances surrounding the shooting death of a man in the Cowpen Road area on Saturday.
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The latest ‘armed robber’ generation
READINESS, response and recovery cannot be left to chance. The delivery of a comprehensive security protection programme demands planning, co-ordinated implementation and consistent oversight.
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Oil explorer relegates Bahamas to ‘non-core’
AN OIL explorer has downgraded The Bahamas to a “non-core” jurisdiction and closed its office in this nation after its first exploratory well failed to strike commercial quantities of ‘black gold’.
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LA Rams win second Super Bowl
Kupp’s late TD lifts Rams over Bengals 23-20
INGLEWOOD, Calif. (AP) — In a venue built for champions, the Los Angeles Rams carried off the crown jewel: a Super Bowl trophy.