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Business Licence audits to impact ‘less than 1%’
The Ministry of Finance’s top official yesterday challenged why Business Licence audits for firms with turnover over $5m is “posing a great difficulty” given that less than 1 percent of all companies are impacted.
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Minnis warns on increased New Year air import costs
An ex-prime minister yesterday warned Bahamians will have to pay increased costs to import goods via air freight from New Year’s Day due to a $25m outsourcing deal struck by the Government.
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INGRAHAM: REBELS WANT NEW LEADER – Former PM backs Pintard – while standing next to likeliest rival Minnis
IN a rare and fascinating joint interview with Dr Hubert Minnis yesterday, Hubert Ingraham said “rebels” in the Free National Movement are unnecessarily pushing the party to hold a convention, but he still has confidence in the team Michael Pintard leads and does not want FNMs to be distracted.
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Teams announced for Hoopfest in Paradise
AFTER a successful hosting of the inaugural Hoopfest in Paradise High School Basketball Tournament in 2022, the basketball extravaganza has returned for its second year, this time with more teams added to the fold.
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Non-profit reveals 36% fall in distributed meals
The Bahamas Feeding Network (BFN) yesterday said corporate donations have dropped-off noticeably since the COVID pandemic even though one in every eight Bahamians is thought to be living in poverty.
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Royal Caribbean says PI project is 'near finish line'
Royal Caribbean's senior Bahamas executive yesterday said its Paradise Island project is "near the finish line" on obtaining the necessary approvals with a Heads of Agreement now being finalised.
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Gov't urged to move on bus fare increase
Bus drivers yesterday said the Ministry of Transport (MOT) needs to just get on with increasing jitney fares rather than delay any decision until the New Year.
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Hurricane Hole developer takes on Briland project
Hurricane Hole’s developer has been hired to manage a $200m resort and marina project on Harbour Island with effect from January 2024.
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Genesis Academy donates to local charities
GENESIS Academy wished Merry Christmas to four local charities yesterday by giving them donations.
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‘Severe penalties’ fear on Business Licence audits
The Chamber’s newly-elected chairman last night voiced “serious concern” that firms may be exposed to “severe penalties” for Business Licence infractions due to inadequate time to ready for full audits.
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Residents ‘won’t let guard down’ on hotel expansion
Residents in Tropical Gardens and Gambier Heights yesterday pledged they will “not let our guard down” even though a controversial planning application has been placed in the “pending file”.
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Royal Caribbean: ‘We’re exploring future projects’
Royal Caribbean Cruise Lines yesterday confirmed it “continues to explore future projects” with its interest in acquiring Freeport’s Xanadu hotel hailed as a move that can attract other investors.
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Climate change loss fund couldn’t even cover Dorian
A Bahamian environmental advocate yesterday said there is “no way” that the $700m pledged thus far to the climate change ‘loss and damage’ fund is sufficient to even cover this nation’s needs.
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Central Bank: 1,250% digital asset capital not ‘excessive’
The Central Bank yesterday rejected assertions it is being “excessive” in requiring licensees to hold 12.5 times’ the amount of capital involved to back trades of non-stablecoin digital assets.
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Fourteen Clubs Golf Academy ends the year on a high note
THE Fourteen Clubs Golf Academy closed out the year on a high note with a drive, chip and putt end-of-year celebration at the Bahamas Golf Federation’s practice facility on Saturday.
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Event planners enjoy uptick for Christmas
Event planners yesterday said they are “really busy” for the upcoming Christmas season due to corporate clients sponsoring multiple activities.
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Poor utilities spark bad tourist reviews
A Family Island hotelier says poor utility services have resulted in negative guest reviews of their Bahamian vacation experience.
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PETER YOUNG: UK COVID inquiry - useful or pointless?
THE British government’s public inquiry in to the COVID-19 pandemic is now under way. Local reaction so far has been mixed. Critics are calling it a total waste of time and money that will end up as an “appalling establishment sham”. But others believe it is essential to conduct a comprehensive examination of what happened in order to identify and take account of policy failures.
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EDITORIAL: Exciting news for GB, as long as locals benefit from it
IN XANADU did Royal Caribbean a stately pleasure dome decree.
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Correctional officers with pending promotions will be back paid, says Munroe
NATIONAL Security Minister Wayne Munroe said correctional service officers with pending promotions would receive back pay dating to 2020.
