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Gov't patent earnings down 44% in decade
The Government's earnings from trademark and patent applications nosedived by 44 percent over past decade as The Bahamas' "loss of competitiveness" on intellectual property safeguards intensified.
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LPIA operator leaves its COVID debt woe behind
The Bahamas' major airport continues to leave its COVID debt woes behind it with the coverage ratio stipulated by its lenders now healthier than it has even been since the pandemic started.
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Munroe criticises UN Working Group report on Detention Centre
NATIONAL Security Minister Wayne Munroe criticised a United Nations Working Group on Arbitrary Detention’s report about the country’s detention systems, saying the experts did not provide proof of many of their accusations about the country’s criminal justice system.
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CRUISE LINE PLAN FOR GB REVEALED: Xanadu hotel acquisition part of Royal Caribbean goal to transform harbour
Royal Caribbean Cruise Lines is eyeing the potential acquisition of Freeport's long-closed Xanadu Beach Hotel as part of plans to develop a resort and water park destination, it can be revealed.
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‘Greatest Show on Sand’
Organisers Todd Isaacs Jr and Lucius Fox stood on Montagu foreshore and looking over the crowd of spectators on hand on Saturday, just basked in their success at the end of the hosting of the sixth Don’t Blink Home Run Derby in Paradise.
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Four men on bail for murder charged with spree of shop break-ins in Grand Bahama
FOUR New Providence men on bail for murder were charged on Monday with a spree of shop break-ins and stealing incidents on Grand Bahama.
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Seaplane operators in call for Out Island infrastructure
Seaplane operators are urging Family Island resorts to install ramps to facilitate their operations and increase airlift to remote destinations.
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Seaplane service must be properly regulated
A Family Island hotelier yesterday backed the use of seaplanes to increase airlift once such services are properly zoned and regulated.
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Artificial Xmas trees enjoy ‘overwhelming’ sales jump
Sales of artificial Christmas trees have been “overwhelming” in the run-up to the holiday season with the premium pre-lit variety also sparking demand, vendors said yesterday.
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GB Chamber chief is ‘positive’ on island’s investment outlook
The Grand Bahama Chamber of Commerce’s president yesterday said “positive” things are happening for the island’s economy despite strained relations between its quasi-governmental authority and the Government.
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‘National Youth Guard will train for climate resilience’
PRIME Minister Philip “Brave” Davis said the second cohort of the National Youth Guard will be trained in the fight for climate resilience and gain other employable skills.
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VAT ‘outlier’ status in up to 25% marina fall
Marinas are warning the “hesitancy” of foreign yacht charters to consider The Bahamas because of its status as a VAT “outlier” has caused a 20-25 percent business drop-off for some properties.
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Only fear Business Licence audit if ‘something to hide’
Only businesses “with something to hide” should fear having to submit audited financial statements over their Business Licence renewal, a prominent gas station operator believes.
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Gov’t on deficit track even if 2024 ‘slides’
The Government’s prior year performance gives confidence that it remains on track to eliminate the fiscal deficit even if 2023-2024 “slides” from its original targets, a governance reformer said last night.
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Abaco slams Water Corp’s Dorian back-billing cut-offs
Furious Abaco residents yesterday slammed the Water & Sewerage Corporation’s move to launch mass pre-Christmas disconnections over bills dating back four years to Hurricane Dorian as “very inhumane”.
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UN REPORTS ON DETENTION FLAWS: Forced confessions and prison problems among issues noted by group
THE United Nations Working Group on Arbitrary Detention (WGAD) offered a searing assessment of the country’s detention systems, finding numerous faults relating to how the criminal justice system treats people deprived of their liberty.
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‘Buddy’ Hield and Pacers fall to Lakers
CHAVANO “Buddy” Hield, who was linked to trade rumours with the Los Angeles Lakers, watched as LeBron James and Anthony Davis put on a show to dismantle his Indiana Pacers to claim the first National Basketball Association’s In-Season Tournament title.
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Baha Mar Cup raises $120,000
THE Baha Mar Cup returned to the sporting paradise for the fourth time at the Baha Mar Racquet Club over the weekend.
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Tennis pros host successful kids’ clinic
THE fourth Baha Mar Cup presented by Mark Knowles culminated with a successful hosting of a tennis kids’ clinic at the Baha Mar Racquet Club on Sunday.
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Dock construction starts to pave way for $50m resort
WORK has begun on a $1.5m cargo shipping dock that will pave the way for construction of a resort development in the Exuma cays.